These US Insurance Giants Will Pay Each Other on a Blockchain

By CCN: USAA and State Farm have reportedly closed a deal that will see them using the blockchain to pay each other. So when two people get in an accident, and they’re represented by either of the companies, the company that has to pay will eventually be using a blockchain solution to settle the inter-company payment. Billions Per Year Settled On Blockchain The claims amount to billions of dollars a year, which is a lucrative volume that blockchains can settle in minutes. The advent of stablecoins and clearer regulations have…

eToro Custodial Service Sees 13% Surge in Bitcoin Holdings in Two Weeks

The amount of bitcoin deposited with UK-based asset brokerage company eToro is rising dramatically. The firm’s chief market analyst, Mati Greenspan, said on Wednesday that they witnessed a 13 percent surge in bitcoin holdings at their proprietary custodianship. The deposits jumped particularly between May 4 and May 18, the period which saw bitcoin price appreciating more than 50 percent against the US dollar. “eToro clients, indeed, participated in the recent Bitcoin surge,” stated Greenspan. “During the recent rally (May 4th – 18th) overall client holdings rose by about 13%.” The…

The Promise of Online Affiliate Marketing

When Amazon.com first launched in the mid-1990s as the world's largest online bookstore, no one could have imagined how it would grow into the behemoth retailer of practically everything under the sun. Yet that's how online e-commerce has evolved in the past 2 decades. E-commerce sales on Amazon.com this year are ready to touch a mind-boggling $ 1.2 TRILLION, making it one of the largest – and fastest growing – business sectors the world has ever seen. Millions of online sellers are building their own amazing selling machines on the…

Ten Tips for Investing in Cryptocurrency

Cryptocurrency is the newest trend in the money market that contains the elements of computer science and mathematical theory. Its primary function is to secure communication as it converts legitimate information into an unbreakable code. You can track your purchases and transfers with cryptocurrency. Following are the top ten tips for investors to invest in cryptocurrency. It's Just Like Investing in Commodities: Investing in cryptocurrency is just like investing in any other commodity. It has two faces – it can be used as an asset or as an investment, which…

Vinny Lingham Says Bitcoin May Blow Through $10K, Test $12K Soon

By CCN: The bitcoin price is trading higher headed into the weekend and is currently hovering at $8,572, up 2.7%. After the recent spike beyond $9,000 and dramatic fall back to Earth, the market clearly is doing its best to go higher. Just ask Vinny Lingham, who is at the helm of blockchain-fueled ID startup Civic and a general partner at Multicoin Capital. Lingham, who has only recently turned bullish on the bitcoin price, tweeted: “This BTC action looks aggressive. Makes me think that we may blow through 10k and test…