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LOCAL WORLD FORWARDERS SET TO IMPROVE THE LOGISTICS INDUSTRY WITH BLOCKCHAIN TECHNOLOGY

Local World Forwarders (LWF) aims to create an efficient and innovative platform based on blockchain as well as DPoS (Delegated Proof of Stake) Technology for a democratic and decentralized disruption...

CannaSOS Aims to Cure the Headaches of Cannabis Dispensaries Through its Blockchain Solution

While Canada’s federal government may be preparing to legalize the sale and use of cannabis throughout the country, dispensaries around the world still face challenges when conducting everyday busin...

Betting Tokens Ready for The World Cup

For the first time in history, a digital token (BETR) will be available during the World Cup, the biggest sporting event in the world, for true peer-to-peer betting with no central party, providing a ...

Blockchain Based Copyright Enforcement: Can Kodak Keep up With Copytrack?

Blockchain technology is changing the way photographers protect their creative endeavors online. Realizing the potential of blockchain technology, Kodak -- the imaging products company has recently an...

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NEO IS RESILIENT AS IT REBUFF SELL PRESSURE

Of all the cryptocurrencies, NEO remains resilient and seem to rebuff all attempts for lower lows. We cannot say the same of NEM, IOTA or even LTC ...

Bitcoin Price Watch; Tonight’s Key Levels

We are closing in on the end of session on Friday it's time to take the last of our looks for the week what has happened in the bitcoin price today an...

Video

Cardano’s ADA Could be the Third Largest Cryptocurrency by the End of the Year

It’s Invest Diva’s Kiana with NewsBTC and here is your cryptocurrency update. Today we’re taking a look back at Cardano which was able to erase some of the losses earlier this week on Wednesday. It’s price moved back up to the resistance level of $0.60, up around 7% from Tuesday lows. But it still has a long way to get back up to its all-time high level of $1.26. Last week, Cardano’s ADA token was listed on the futures exchange at BitMEX. This made BitMEX the fifth exchange to list the ADA token since Bittrex did so in October 2017, followed by Upbit, Binance and Coinnest. ADA calls itself the first
third-generation cryptocurrency and aims to tackle scaling and infrastructure
problems of bitcoin and Ethereum. Specifically, Cardano aims to solve problems
related to scalability, interoperability, and sustainability on cryptocurrency
platforms. Cardano is often referred to as the “Japanese Ethereum” and reports
last year indicated that it was being made available in Japan through ATMs and
debit cards. However, Cardano’s ADA has the same flaw as other
cryptocurrencies. It has little to show by way of implementation. Regardless, a
price comparison website, Finder.com has predicted that Cardano will be the
third largest cryptocurrency by the end of the year. In a volatile market like this, only time will tell. Thanks for watching, invest responsibly, and I’ll see
you with more updates next time.

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