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US FDA Considers Blockchain for Food Security

The United States Food and Drug Administration released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges.

The blueprint, released earlier this week, breaks down some of the challenges facing food distribution throughout the country and looks at how smart technologies could solve them...

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https://ecoindiscuss.com/us-fda-considers-blockchain-for-food-security/

Why Jadon Sancho’s Rumored Liverpool Transfer Makes Zero Sense


Jadon Sancho is expected to leave Borussia Dortmund in the summer of 2020
Liverpool are one of the clubs to be hunting for his signature in recent months.
But the England international does not match the Reds’ famous and smart recruitment policy.

Liverpool have become known to be one of the best-run clubs in European football. That led them to win the UEFA Champions League by beating Tottenham Hotspur last season. And that is why they already have one hand on the Premier League title...

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https://ecoindiscuss.com/why-jadon-sanchos-rumored-liverpool-transfer-makes-zero-sense/

Morgan Creek Leads $2.8M Seed Round for Crypto Insurance Upstart Evertas

Evertas, an insurance provider focused on the cryptocurrency space, has raised $2.8 million in a seed round led by Morgan Creek.
Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups...

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https://ecoindiscuss.com/morgan-creek-leads-2-8m-seed-round-for-crypto-insurance-upstart-evertas/

‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages

Indian cryptocurrency exchange Wazirx announced Monday that it is offering rewards for videos teaching about cryptocurrency, specifically on the topic of how to buy bitcoin and other cryptocurrencies in India. The exchange found that 90% of crypto explainer videos and blog posts are in English. While there are some in Hindi and a few in Tamil, the number of videos is “almost negligible in other languages.”

News.Bitcoin.com caught up with Wazirx’s CEO, Nischal Shetty, to find out more about this initiative. He explained...

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https://ecoindiscuss.com/how-to-buy-bitcoin-in-india-crypto-exchange-offers-rewards-for-videos-in-all-indian-languages/

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Bitmain S17/T17 Antminer Has High Failure Rate

Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%.

According to an April 26 tweet from Samson Mow, Chief Strategy Officer (CSO) of blockchain infrastructure firm Blockstream, Bitcoin (BTC) miners using rigs from the world’s largest manufacturer of cryptocurrency mining equipment have been reporting technical issues...

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https://ecoindiscuss.com/bitmain-s17-t17-antminer-has-high-failure-rate/

The Same Trader Who Predicted Bitcoin’s $3k Bottom Is Now Bearish

Most investors have no idea which way Bitcoin will trend.

Take the funding rate of BTC futures markets, which are flip-flopping between slightly positive and slightly negative as the consolidation drags on. The chart seen below shows this trend...

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https://ecoindiscuss.com/the-same-trader-who-predicted-bitcoins-3k-bottom-is-now-bearish/

Police Thwart Dark Web Criminals Who Planned to Firebomb a Nebraskan Pharmacy


A dark web drug lord and a Nebraskan pharmacist pled guilty to federal charges on July 13 after both were accused of conspiring to bomb a competing business...

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https://ecoindiscuss.com/police-thwart-dark-web-criminals-who-planned-to-firebomb-a-nebraskan-pharmacy/

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5 Things to Watch in Bitcoin This Week

Bitcoin (BTC) begins Monday by avoiding another test of $9,000, but what could happen to change the mood or even set off a bull run?

Cointelegraph takes a look at five major facts that could influence the BTC price during the coming week...

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https://ecoindiscuss.com/5-things-to-watch-in-bitcoin-this-week/

With Bitcoin dominance dropping, has the altseason begun?


With Bitcoin dominance on the decline, altcoins have surged to new highs thus opening up the possibility of another altseason. To be precise, an alt season is part of the market cycle when excessive surges in the price of altcoins against Bitcoin and the fiat currency are noted. This surge in price takes place after a period of stagnation or slump, hence they come in phases or cycles...

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https://ecoindiscuss.com/with-bitcoin-dominance-dropping-has-the-altseason-begun/

3 Macro Catalysts That Could Send Bitcoin Lower This Week



Bitcoin expects to face turbulent times this week as its dependence on macro fundamentals grow.
S&P 500 earnings and the next fiscal stimulus bill are among the most influential catalysts that could drive the cryptocurrency lower.
Nevertheless, it may retain its yearly bullish bias based on technical factors...

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https://ecoindiscuss.com/3-macro-catalysts-that-could-send-bitcoin-lower-this-week/

What do Bitcoin and gold’s price similarities reveal?

Bitcoin has long been called ‘digital gold,’ and true to its name, BTC has proven to be a store of value over the past few years, with the asset yielding better profits than gold or equities. As for gold, well, gold has been revered as the go-to store of value since time immemorial. With the advent of bitcoin, however, millennials and zoomers seem to be more inclined towards digital gold or gold 2.0...

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https://ecoindiscuss.com/what-do-bitcoin-and-golds-price-similarities-reveal/

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This Bitcoin ‘IPO’ Could Break the Stock Market



Cryptocurrency exchange Coinbase is gearing up for a public listing.
Bitcoin fear of missing out (FOMO) is set to collide with a tech bubble on Wall Street.
Sorry Tesla, did the stock market just find its new cult favorite?

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https://ecoindiscuss.com/this-bitcoin-ipo-could-break-the-stock-market/

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Here’s Why the Dow Jones Plunged 350 Points on Thursday


The Dow Jones fell as much as 500 points on Thursday, though it recovered off its lows in afternoon trading.
Walgreens, Raytheon, and Boeing led the declines.
U.S. unemployment claims are holding near record highs while health experts warn more lockdowns may be necessary...

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https://ecoindiscuss.com/heres-why-the-dow-jones-plunged-350-points-on-thursday/

If 2020 is The Year of DeFi, When Will Ethereum Benefit?


There is no doubt that the hottest thing in the crypto industry at the moment is decentralized finance. However, Ethereum as its foundation still hasn’t caught up...

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https://ecoindiscuss.com/if-2020-is-the-year-of-defi-when-will-ethereum-benefit/

A Top Analyst Just Broke Down Some of the Biggest Bitcoin “FUD”

Despite its growth and adoption over recent years, Bitcoin is still far from understood and looked down on by much of Main Street and Wall Street.

In a May call entitled “Implications of Current Policies for Inflation, Gold, and Bitcoin,” two executives at Goldman Sachs discussed BTC. According to leaked slides of the client call, the two were not optimistic...

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https://ecoindiscuss.com/a-top-analyst-just-broke-down-some-of-the-biggest-bitcoin-fud/

These Five Technical Signs Show Bitcoin Is on the Verge of Testing $10,500


Bitcoin has continued to push higher after a weekend dip. As of this article’s writing, the leading cryptocurrency trades for $9,450, a few basis points below the local high of $9,480.

The cryptocurrency is still waiting to surmount the crucial $9,500 level. Yet, analysts say that there’s a rapidly forming Bitcoin bull case...

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https://ecoindiscuss.com/these-five-technical-signs-show-bitcoin-is-on-the-verge-of-testing-10500/