Blockchain
Ionixx Technologies Ranking in GoodFirms List of Top Private Blockchain Technologies
Ionixx Technologies, established in 2013, is a full-stack, design-driven product development company offering web, mobile and blockchain applications. With hundreds of successful software products and solutions delivered to Startups, Enterprises and high-growth companies across industries, Read more…
The post Ionixx Technologies Ranking in GoodFirms List of Top Private Blockchain Technologies appeared first on ixBlog.

Ionixx Technologies, established in 2013, is a full-stack, design-driven product development company offering web, mobile and blockchain applications. With hundreds of successful software products and solutions delivered to Startups, Enterprises and high-growth companies across industries, Ionixx continues to build more strong partnerships with companies as a reliable technology partner.
Overview of Ionixx Technologies
Ionixx Technologies is a firm working towards providing the best services in developing mobile apps, web and blockchain applications. From web design to developers in iOS, web, server-side technologies, android and blockchain, Ionixx consists of 100+ domain experts and functions as a technology execution partner with different startups and rapidly growing organizations of various industrial sectors. It operates out of the San Francisco Bay Area, Los Angeles, USA followed by Toronto, Singapore and Chennai, where Chennai in India is also the development center. There are several values followed in Ionixx while working with clients. The values are to use lean, agile, and design thinking in the union to develop quality products, delivery time and quality, fair and transparent fee, consider clients in every action, extensive knowledge of technology, and many more.
GoodFirms Research Process
GoodFirms is an organization examining and ranking various registered firms following a standard process. The scrutinizing of these companies done by the method of analyzing firms on the basis of Quality, Reliability, and Ability. These categories further are subdivided into other aspects like team experience and skills, company experience, quality, delivery time, and several others. Similarly, Ionixx Technologies is examined in the same way by GoodFirms research team for their prime services. Post research, the firm ranked its service of private blockchain in its top individual blockchain platforms, and others soon to list as per their performance.
The prime services are described below:
Private Blockchain Development Services
Awareness about blockchain being more than just Bitcoin is increasing gradually. Well established companies and startups are progressing in their businesses by accepting blockchain, as it can allow building private blockchains for the company to develop a better working experience and provide overall efficiency. The need for including third party for managing operations can be dropped as well by building private blockchain.
The firm uses Hyperledger as a source to accept blockchain for companies’-guide to attain solutions for the same. Blockchain development in various firms helps smoothen the process of spotting difficulties in operations and technology compatibility with blockchain app development. Ionixx has built decentralized apps on private blockchain for many industries like FinTech, Retail, Healthcare, and Manufacturing. Analyzing its work process, GoodFirms has listed Ionixx Technologies among the top private blockchain companies.
Mobile App Development Services
Developing a mobile application has become a priority for startups and established firms. By developing a mobile app, it becomes easy to connect with the target audience easily. It also helps in understanding the market better and collect appropriate and useful data. The mobile app developers at Ionixx will help build futuristic solutions for all apps. The highly skilled developers of the firm develop apps for all platforms like Android, iOS, or Windows. The uniqueness of the firm comes with its expertise in developing mobile applications as per the international standards and high-class architecture. The mobile app development services that Ionixx offers are Android, iOS, responsive web app, and hybrid app development.
After a thorough examination of Ionixx Technologies, it’s assumed that it will soon be ranking in GoodFirms list of the top mobile app development companies in California.
UI UX Design Services:
Ionixx Technologies is a broad-spectrum design firm that specializes in (UI/UX) Strategy and Design. With a design-driven development approach, Ionixx focus on creating user-centered experiences. With specially-crafted unique design ideas, they develop innovative applications that transform business.
After GoodFirms research of the UX/UI Design services, it is expected to rank in the Top User Experience (UX) Design Companies, California.
About GoodFirms
Washington, D.C. based GoodFirms is a maverick B2B research and reviews company that helps in finding web designing, web development, and digital marketing companies rendering the best services to its customers. GoodFirms’ extensive research process ranks the companies, boosts their online reputation and helps service seekers pick the right technology partner that meets their business needs.
About the Author:
Anna Stark is presently working as a Content Writer with GoodFirms – Washington D.C. based B2B Research Company, which bridges the gap between service seekers and service providers. Anna’s current role lingers her to shape every company’s performance and critical attributes into words. She firmly believes in the magic of words and equips new strategies that work, always in with ideas, something new to carve, and something original to decorate the firm’s identity.
Blockchain
NYDIG raises $200M from strategic partners as total Bitcoin custody tops $1B


New York Digital Investment Group announced the completion of a $200-million growth capital funding round for business initiatives relating to Bitcoin (BTC). The funding round was led by NYDIG strategic partners Morgan Stanley, Stone Ridge Holdings Group, Soros Fund Management and MassMutual, among others.
NYDIG, a provider of Bitcoin-related technology and investment services, will work alongside its strategic partners in applying Bitcoin-focused solutions to the insurance, banking and clean energy industries. NYDIG’s co-founder and CEO, Robert Gutmann, said:
“The firms participating in this round are more than investors — they are partners, each well known to us for years. NYDIG will be working with these firms on Bitcoin-related strategic initiatives spanning investment management, insurance, banking, clean energy, and philanthropy.”
Following on from a spate of high-profile Bitcoin acquisitions by various institutional entities, Gutmann said the latest partnerships were a sign that institutional adoption of Bitcoin had arrived.
“These partnerships leave no doubt that institutional adoption of Bitcoin has arrived and, further, that NYDIG is the partner of choice for serious financial services firms with the highest fiduciary and diligence standards,” said Gutmann, adding: “In the months and quarters ahead, look out for an explosion of innovation in Bitcoin products and services delivered by NYDIG, in partnership with our new investors.”
NYDIG also announced on Monday that among life, annuity, and property and casualty insurers who utilize its platform, over $1 billion worth of Bitcoin investments are now held in its institutional custody service.
The founder and executive chairman of NYDIG, Ross Stevens, said the latest round of funding from institutional investors was good for the company and BTC. “I am thrilled by what this group of incredible investors will mean for NYDIG, but especially for Bitcoin,” said Stevens.
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Source: https://cointelegraph.com/news/nydig-raises-200m-from-strategic-partners-as-total-bitcoin-custody-tops-1b
Blockchain
40% of Goldman Sachs’ clients already have exposure to crypto, survey shows


American banking giant Goldman Sachs has officially confirmed its plans to revive a cryptocurrency trading desk amid increasing demand from investors.
Matt McDermott, global head of digital assets for Goldman Sachs’ global markets division, announced that the company will provide access to CME Bitcoin (BTC) futures on its upcoming crypto platform. In a Friday Exchanges at Goldman Sachs podcast, the executive also noted that Goldman Sachs will offer crypto services with non-deliverable forwards, or NDFs, which are cash-settled, and usually short-term, forward contracts.
McDermott noted that initially Goldman Sachs’ crypto platform will be limited to these two products, stating:
“We’re actually going live with that crypto trading desk, which would be quite narrow initially, but we will focus on CME futures and non-deliverable forwards. And we’re also now disseminating Bitcoin content to our institutional clients through our Marquee platform.”
According to McDermott, Goldman Sachs’ move into crypto comes in response to the increasing demand from its clients. Citing an internal survey of nearly 300 clients, the executive said that 40% of Goldman Sachs’ investors currently have exposure to crypto. “That seemed actually a little high to me, but I felt that was kind of very reflective of the demand we’ve seen over the last three to six months,” he said.
The executive also reported that 61% of Goldman Sachs’ surveyed clients expect digital-asset holdings to increase over the next year. Particularly, 76% of those surveyed see Bitcoin ending 2021 between $40,000 and $100,000, McDermott said. However, only 22% expect Bitcoin to surpass the $100,000 mark by the end of 2021, he noted.
Goldman Sachs originally wanted to set up a crypto trading desk in 2018, announcing the plan in late 2017. At the time, Bitcoin was sitting at its former all-time high levels after hitting $20,000 in December 2017. Following a subsequent sell-off on crypto markets in 2018, Goldman Sachs was rumored to have canceled its crypto desk plans. Eventually, Goldman Sachs CEO David Solomon strongly refuted that the bank ever had plans to open a crypto trading desk in 2019.
In the latest interview, McDermott pointed out that the existing crypto landscape is very much different than 2017 in terms of growing institutional demand. “2017 was very much a retail-driven market. This time around, we’ve seen a huge volume of institutional demand across a broad spectrum of different industry types,” he said.
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Source: https://cointelegraph.com/news/40-of-goldman-sachs-clients-already-have-exposure-to-crypto-survey-shows
Blockchain
Beware the ides of March: Bitcoin slumps as Treasury yields and the dollar rise again

The price of Bitcoin (BTC) is struggling to break past $51,000 on March 8 as the U.S. Treasury yield is rising again, while the U.S. Dollar Index (DXY) is at the highest levels in over three months.
The global stock market, including equities in the United States and Asia, has pulled back in tandem as the U.S. Senate’s stimulus approval has sparked inflation fears.

Why is Bitcoin dropping off of inflation fears?
As Welt market analyst Holger Zschaepitz explained, the bond market turned into turmoil as the 10-year U.S. Treasury yield surged to 1.6% after the stimulus news broke.
The instability in the bond market naturally led to a sell-off of risk-on assets, affecting both stocks and cryptocurrencies. The analyst wrote:
“Bond turmoil continues w/US 10y yields jump to almost 1.6% as the $1.9tn US fiscal package alongside robust Chinese trade data fuel inflation fears.”

Stocks and Bitcoin have seen a tightening correlation in recent weeks, likely due to the increasingly unfavorable macro landscape.
Peter Brandt, a long-time futures and foreign exchange trader, said he has seen many correlations throughout his career. However, he said that correlations can also come to an end “dramatically.”
Hence, in the foreseeable future, Bitcoin could move in tandem with stocks as the markets react negatively to the rising Treasury yield. But on longer time frames, the bull run of Bitcoin could strengthen and gain momentum if the correlation begins to weaken. He said:
“Through my 46 yrs. trading I have seen MANY sacred correlations come and go. Gold v. Yen or USD or stocks. Silver vs. Gold. Interest rates v. stocks or Gold. BTC v. whatever. Et al. When these correlations come to an end, they often end dramatically. Study each market with its own chart.”
Nevertheless, March may turn out to be a slow month for BTC, trading with low volatility.
Is a bigger drop coming?
If the traditional market drops, traders seemingly anticipate a broader Bitcoin pullback in the near term.

For example, pseudonymous cryptocurrency trader Loma said a short-term drop to $48,000, an important support level, cannot be ruled out if the legacy markets continue to show weakness. He wrote:
“Base still forming, I’m liking how everything is playing out. Only concerns are temporary legacy market correlations so if we dump tomorrow, I’d anticipate a re-visit the lows or at least the EQ at ~$48k. Still taking it easy on trading, focusing more on $BTC and $ETH.”
This week, the key for Bitcoin is whether the DXY sees a pullback after a week-long rally, providing the risk-on market some room for a relief rally.

As Cointelegraph previously reported, the Treasury yield is also approaching a key resistance area, and if it gets rejected, Bitcoin could regain momentum in the near term to rally above the next big resistance areas at $52,000 and $53,000.
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Source: https://cointelegraph.com/news/beware-the-ides-of-march-bitcoin-slumps-as-treasury-yields-and-the-dollar-rise-again
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