While Bitcoin (BTC) and major altcoins tend to garner most of the attention from investors, there are several projects that aim to bring greater decentralization, transparency, accountability and financial inclusion to society and businesses. For the past few months, Cointelegraph has been identifying such projects extensively and several of the tokens recently highlighted have seen a massive surge in their performance. A good investor should keep track of how all the assets in their portfolio perform and during occasional reviews the underperformers should be removed and additional capital deployed toward the assets that continue to produce profits. In this new …

Bitcoin’s (BTC) fundamentals received a boost as the U.S. Senate passed the $1.9 trillion stimulus bill on March 7. If traders react to this bill in the same way as they had done to the first stimulus package in April 2020, then the crypto markets may witness a strong rally. The stimulus package also intensifies the focus on the devaluation of the U.S. dollar. These concerns could lead some investors to park their money in hard assets or Bitcoin instead of keeping them in fiat currencies, according to veteran trader Peter Brandt. In addition to investors, a growing number of …

The Purpose Bitcoin (BTC) exchange-traded fund debuted on the Toronto Stock Exchange on Feb. 18 and has quickly ramped up trading volumes of about $400 million worth of shares in two days. This is quite impressive, considering that the equity market in Canada is only a fraction of the size of the U.S. markets. This shows strong demand for Bitcoin and investor's preference to take the ETF route to establish fresh positions. Last week, Bitcoin reached another important milestone when it hit the critical $1 trillion market capitalization on Feb. 19, making it the sixth asset on the list of …

The Mediterranean Hospital of Cyprus, one of the country’s largest private health facilities, is storing its COVID-19 vaccination records on VeChain — offering another compelling use case for the supply chain logistics platform. As of Monday, 100 doctors and personnel had received their first dose of the COVID-19 vaccine, the hospital said in a news release. The vaccinated personnel also received a digital certificate on their E-HCert App, an electronic wallet for lab results based on the VeChain Thor blockchain. The digital certificates are “another step towards digital transformation of the healthcare industry via VeChainThor Blockchain,” the Mediterranean Hospital of …

During a bull market, negative news is quickly digested, and the collateral damage is often limited. Therefore, even as XRP price dumped aggressively due to the uncertainty regarding the outcome of the United States Securities and Exchange Commission's lawsuit, other altcoins have largely been unaffected. Moreover, as Bitcoin’s (BTC) strong rally takes a breather, several altcoins have broken out of their overhead resistance levels and are attempting to resume their uptrend. Let’s look at a few tokens that have risen sharply in the past few days and analyze their charts to ascertain whether the rally could extend further. ZIL/USD Zilliqa's …

Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source enough momentum to pull above $20,000 or will it witness a sharp correction in the short term. At the moment, analysts are divided on their expectations about the next move. While the near-term remains uncertain, on-chain analyst Willy Woo believes that the long-term picture is more bullish than ever. According to Woo, Bitcoin is going through a re-accumulation phase, which is …

IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries. The Armonk, New York-based tech giant announced Monday that it’s teaming up with German textile manufacturer Kaya&Kato to develop a blockchain network that tracks the origin of fabrics used in the fashion industry. The new application will allow Kaya&Kato’s suppliers and customers to identify where their fabrics are processed, as well as understand each step of the production and distribution processes. IBM said: “The network is designed to create transparency about the origin of garments, from the fiber …

The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response. VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the past seven days, the supply-chain management cryptocurrency is up over 23%. Only two other top-30 coins -- NEM (XEM) and Chainlink (LINK) -- have outperformed VET over the past seven days. At current values, VeChain has a market capitalization of $751 million. The cryptocurrency’s uptrend appears to have coincided with a meeting of high-ranking officials from China’s Hubei …

Investors are concerned about the stability of the cryptocurrency market after it was faced with a flurry of adverse news in the past few days. Fortunately, the markets have matured to the extent that negative news no longer provokes wild price swings like they once did in crypto’s early days. The current stability shows that institutional investors do not consider the recent KuCoin hack, CFTC and DOJ charges against BitMEX, or even President Donald Trump being diagnosed with coronavirus as serious enough events to crash the crypto markets. Therefore, there was no panic liquidation in Bitcoin (BTC) futures after the …

Award-winning British fantasy authors Dave Morris and Jamie Thomson will write a new fantasy trilogy “The Vulcan Verses”. The community project’s title is based on VeChain’s forthcoming Vulcan Forged non-fungible token-powered collectible card game and decentralized virtual world VulcanVerse. With more than 100 books to their names, the authors are considered among the most successful British gamebook authors, writing the Fabled Lands, Fighting Fantasy, and The Crystal Maze gamebooks. Gamebooks are interactive stories where the reader can choose the story’s direction through their own choices. Morris and Thomson have contributed to more than 70 books and 30 books respectively. One …

The VeChain Foundation has joined the China Animal Health And Food Safety Alliance as a council member. According to a Sept. 17 announcement, VeChain is “the sole public blockchain technology provider in the alliance” and will offer technical and infrastructure support. There are more than 130 companies in the alliance, including Chinese subsidiaries of Starbucks, McDonald’s, and Walmart. VeChain — a supply chain tracking project — has reportedly onboarded its first alliance member as a user of its ‘ToolChain’ product and said that more were expected to join. However the announcement did not reveal any details about which alliance member …

VeChain launched its blockchain-enabled sustainability solution aimed towards companies looking to digitize their sustainable practices. Part of its blockchain-as-a-service platform ToolChain, VeChain promises the solution can streamline sustainable practices during the supply chain and manufacturing process and also showcase these practices to third parties like regulators. VeChain said the tool provides immutable proof of a green supply chain and can cover different stages of manufacturing. It can also store information on recycling, processing, reusing and inspection, allowing brands to trace original sources of goods and raw materials. Since it’s on the blockchain, VeChain said all data would be trustworthy and …