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Kraken Announces Largest-Ever Grant to BTCPay Server

The cryptocurrency exchange Kraken has granted open-source payment processor BTCPay Server its largest donation ever: $15,000 of BTC.

The post Kraken Announces Largest-Ever Grant to BTCPay Server appeared first on Bitcoin Magazine.

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The Summer of 2020 will forever go down as the “Summer of Giving” within the Bitcoin community as yet another significant grant is being given to support open-source development.

Cryptocurrency exchange Kraken has announced it has sent $150,000 worth of bitcoin to help support the further development of open-source bitcoin payment processor BTCPay Server. This gesture from Kraken marks the largest-ever donation to BTCPay and coincides with their recognition of Micro-, Small and Medium-sized Enterprises Day.

“A recognition from a big enterprise like Kraken makes us feel energized. At the same time, it puts a positive pressure and responsibility we have to the entire community. Sustainability and structure on our end mean that we can have full focus on our mission, ensuring anybody can have a dream, without worrying of their dreams being shuttered because of geographic, political or financial barriers,” BTCPay Server contributor Pavlenex told Bitcoin Magazine.

“BTCPay stood out as an open-source project with a clear focus on users’ needs. Their documentation makes it easy to get started and accept Bitcoin payments. This is fully aligned with Kraken’s mission to accelerate the adoption of cryptocurrency,” a Kraken spokesperson explained.

BTCPay has long been a favorite of the Bitcoin community because of its dedication to ensuring anyone can accept bitcoin without third-party involvement. Coinciding with the announcement of the grant, BTCPay is releasing the 1.0.5.0 version of its software.

When asked about the momentum this gift creates in tandem with the release, Pavlenex responded:

“People have shown tremendous support and love for the project. Various communities (including our own) give a wind to our back, for each line of code we put out there. It’s all about making others feel happy and appreciated. In that spirit, on a day when we’re receiving our biggest grant, we wanted to give something back to people around the internet whose businesses and projects depend on BTCPay Server. The new version 1.0.5.0 comes action-packed with features, improvements and bug fixes but also puts a foundation for greater flexibility in the future.”

Last month, Bitcoin Magazine covered a grant given to BTCPay from OKCoin to the tune of $100,000.

Let’s keep this Summer of Giving going! If you’re looking to support BTCPay, check out the donations page on oits website.

The post Kraken Announces Largest-Ever Grant to BTCPay Server appeared first on Bitcoin Magazine.

Source: https://bitcoinmagazine.com/articles/kraken-announces-largest-ever-grant-to-btcpay?utm_source=rss&utm_medium=rss&utm_campaign=kraken-announces-largest-ever-grant-to-btcpay

Blockchain

EOS, BAT, Dogecoin Price Analysis: 16 January

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EOS‘s market noted some bearish presence, with the same likely to push the crypto’s price slightly south towards $2.6. Basic Attention Token appeared to break out of a range backed by significant trading volume, while Dogecoin was in a phase of consolidation and traded sideways on the charts with no strong momentum.

EOS

EOS, BAT, Dogecoin Price Analysis: 16 January

Source: EOS/USDT on TradingView

The RSI floated just under the neutral 50 value, unable to rise above and likely indicative of a downtrend to come. The price, more importantly, flipped the $2.73-level to support recently and attempted a surge towards the next level of resistance at $3.

This session (cyan) saw the market’s bulls drive prices as high as $2.93, but the bears stepped in and pushed the price down to test the support at $2.6. This highlighted a lack of bullish strength.

Their presence in the market is poised to be highlighted once more. It can be expected that EOS would slowly descend towards $2.6 once more. If it does not hold as support, the price could drop to $2.44 in the coming days.

In other news, Arca CIO Jeff Dorman tweeted that EOS could be undervalued due to its massive BTC holdings.

Basic Attention Token [BAT]

EOS, BAT, Dogecoin Price Analysis: 16 January

Source: BAT/USD on TradingView

The range between $0.27 and $0.2 is one that BAT has traded within since late November. On the 6-hour charts, it appeared that BAT was headed for a breakout above this range. The trading volume for the most recent session before press time was extraordinary, pointing towards market conviction.

The MACD formed a bullish crossover and rose above zero to highlight bullish momentum. However, the $0.292-mark continued to be a thorn in the side of bulls and can be expected to stall the rise of BAT’s price.

Another rejection at $0.292 could see BAT tumble sharply back within the range it was trading within.

Dogecoin [DOGE]

EOS, BAT, Dogecoin Price Analysis: 16 January

Source: DOGE/USDT on TradingView

After its explosive move from $0.0045 to $0.01, DOGE spent the past few weeks in a phase of consolidation. Using the swing high and low of this phase for DOGE, and Gann’s rule of eight, some potential levels of support and resistance (yellow) can be plotted on the charts.

It can be seen that DOGE has respected these levels. The Awesome Oscillator showed a lack of definitive momentum in either direction for DOGE.

Source: https://ambcrypto.com/eos-bat-dogecoin-price-analysis-16-january

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Demand for Ethereum hits rooftop, price could quadruple within 90 days

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Upcoming ETH Futures And Increased Interest From Institutional Investors Will See Ethereum Hit $10K - Pundit Predicts

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Bitcoin bulls are calling $50,000 for the next rally. Ethereum bulls are also just as optimistic, as fundamental indicators are looking as promising as technical indicators. These key signals imply that a bullish rally, despite price stagnation is imminent and includes the sky-high demand for Ethereum’s ETH, which analysts claim will unseat supply in the coming weeks. To get the point across, analysts noted how Bitcoin’s price quadrupled within a three months period (November 2020 to January 2021) when demand toppled supply.

In the last 48 hours, Ethereum has sustained losses of 8.5%. The drop in prices was triggered by whale activities, reflected in the exit of ETH worth $2.4 billion from the Bitfinex exchange.

DeFi still remains one of Ethereum’s most promising ventures. At press time, locked in value has hit $23.22 billion. But Ethereum’s DeFi industry is still in its early stages, hence market maturation is still at its beginning state. “The DeFi market is still severely undervalued,” says analyst Joseph Young. Making up a large fraction of the entire digital currency market, he touches on DeFi’s astounding market cap.

“The total market cap of all DeFi tokens (even including Chainlink) is $25.7 billion. XRP and LTC and ADA will result in $31 billion.” 

Decentralized futures, still in the early stages but just as bullish is already processing millions of dollars in daily transactions. Young noted this in a preceding tweet as quoted below ;

“Decentralized futures exchanges on Ethereum are also seeing fast growth. Perpetual Protocol, for instance, is processing $50 million PER DAY.”

Meanwhile, on the technical charts, Ethereum seems to be replenishing its 7 days losses with reverse daily gains of 12% at the time of this report. However, the second most valued digital asset may need more to break above the $1,350 resistance level. Within the last few days, it has become evident that the strong price rejection around said resistance is still ongoing. 

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Demand for Ethereum hits rooftop, price could quadruple within 90 days
ETHUSD Chart By TradingView

Ethereum bulls have been knocked back down on several occasions. And the bearish momentum had successfully managed to suppress ETH to a low of $994. At press time price of $1,209, ETH bulls will need to build enough momentum to retest $1,350 resistance or risk testing $880 support levels.

A bullish price reversal is still being anticipated by analysts who opine that LINK, DOT, and ETH will pioneer the altcoin season.


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The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/demand-for-ethereum-hits-rooftop-price-could-quadruple-within-90-days/

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GG56 Ltd. Presents Innovative Health Solution Pass&Go App at AeHIN 7th Annual Conference

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GG56 Ltd. Presents Innovative Health Solution Pass&Go App at AeHIN 7th Annual Conference

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GG56 Ltd. is pleased to announce its participation in the Asia eHealth Information Network (AeHIN) MarketPlace, held virtually from Manila, Philippines on January 14th.

The AeHIN promotes peer-to-peer collaboration among global organizations to develop and implement digital health initiatives across South and Southeast Asia. Its MarketPlace virtual conference was part of AeHIN’s 7th annual general meeting where governments, development partners, and non-government organizations discussed the latest trends on new projects to address the COVID-19 pandemic. This year’s theme was “Strengthening Regional Health Systems Response to COVID-19,” and institutions such as the Australian eHealth Research Centre and Japan’s National Institute of Public Health gave presentations from their virtual booths.

Founded in 2011 by the World Health Organization (WHO), the AeHIN has been connecting the brightest health and IT professionals to build upon health initiatives that leverage the newest technologies. Their work has created a global network where each member contributes to high-impact improvements on public health. From 7 members in 6 countries, the AeHIN has expanded to more than 1,000 members in 25 countries and is regarded as one of Asia’s top medical non-profits — notable partners include PATH and the Asian Development Bank (ADB).

During the MarketPlace conference, GG56 hosted a virtual booth and was one of two presenters to employ blockchain technology. It showcased its new Pass&Go App, a mobile application that generates digital credentials (in the form of a QR code) to enable those that meet certain indicators, such as testing negative or possessing immunity, to fully re-engage in social and economic activities. Further, via GG56’s partnership with TrueChain (a blockchain developer), all sensitive information such as personal data, antigen/antibody test results, and immunization status are hashed (encrypted) and securely stored on blockchain.

Venues such as airports, restaurants, and workplaces could customize the indicators they require for entry. For example, a conference might mandate a negative test result within the last 24 hours while a country/border control may require visitors to present negative results within 72 hours before departure. To that end, the Pass&Go App will facilitate shifting the paradigm of public health intervention in managing outbreaks from restricting movement to supporting the day-to-day activities of those without viruses or with immunity.

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GG56 was established in 2019 with the mission of leveraging big data, artificial intelligence, and blockchain technology to create better experiences for consumers around the world. By developing FingeRate, an app where verified reviews are easy to give and rewarded with mileage points, GG56 more effectively aggregates and analyzes consumer behavior while securely storing this big data on blockchain. This blockchain-based ecosystem — which promotes transparency, accountability and privacy protection — has enabled users to make the most of their visits while allowing vendors to better serve their patrons.

In addition to analyzing consumer satisfaction metadata, GG56 is dedicated to promoting a culture of philanthropy and social responsibility. Its projects are designed to support local economies and ultimately bring more awareness to the UN’s Sustainable Development Goals. Given how consumer behavior and the COVID-19 pandemic are closely intertwined, GG56 has been developing digital health initiatives that will help address the pandemic. GG56 is excited to further implement these initiatives and work with all organizations to put an end to the COVID-19 pandemic.

Company Name: GG56 Ltd.

Media Contact: Daniel

Email: info@gg56.world

Website: http://btour.io/


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DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/gg56-ltd-presents-innovative-health-solution-passgo-app-at-aehin-7th-annual-conference/

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