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Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers | Bitcoin News

major indian company tcs launches cryptocurrency trading solution for banks’ customers | bitcoin news

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Leading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies. TCS is part of the Tata group, India’s largest multinational business group, and is listed on two stock exchanges in India.TCS Crypto Service SolutionIndia’s cryptocurrency industry just got a boost when Tata Consultancy Services (TCS) announced Wednesday the launch of its “Quartz Smart Solution for Crypto Services.” TCS is India’s leading IT services, consulting, and business solutions organization, part of the Tata group, India’s largest multinational business group. The company is listed on two Indian stock exchanges: the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange).Quartz Smart Solution for Crypto Services aims to help financial institutions offer cryptocurrency trading, the TCS announcement explains, adding that it “allows banks and investment firms to enable investments and portfolio diversification into cryptocurrencies and digital assets for their clients.” The company elaborated:The solution is designed to support multiple cryptocurrencies and stable coins, digital currencies linked to fiat currencies, trading venues and public blockchain networks.TCS further emphasized, “Importantly, it can help banks and investment firms offer their customers the ability …

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Crypto Exchange Kraken Adds New Banking Option for US Users

crypto exchange kraken adds new banking option for us users

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Cryptocurrency exchange Kraken has added a new bank to its funding options for U.S.-based customers.
DisclosureThe 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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Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos- CoinDesk

dogecoin volumes spike 1,900% in 2 days amid viral tiktok videos- coindesk

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Social media has thrown dogecoin traders a treat.
Trading volumes for the Shiba Inu meme-based cryptocurrency spiked nearly 2,000% in the last two days, according to data from Messari, as videos on TikTok encouraged users to invest. The whimsical asset’s price climbed 35% to $0.035 over the same period. 
Dogecoin is a “joke cryptocurrency,” according to one of its founders, Jackson Palmer. As such, impromptu social media-based frenzies may be a fitting use case. Daily volume for the cryptocurrency stayed well below $5 million for the past two months. 
“The recent rise of dogecoin, a meme coin, should serve as a reminder to everyone in the space that the most popular use case for crypto is still purely speculation,” said Anil Lulla, former analyst at Bloomberg and co-founder of cryptocurrency research firm Delphi Digital.
Global search interest in “how to buy dogecoin” also skyrocketed from a score of 25 to 100, the highest possible search popularity score, over the past few days, according to 12-month Google Trends data analyzed by CoinDesk. 
Some of the videos on TikTok, a newly popular social media platform, garnered more than 100,000 “likes,” while all videos with the “dogecoin” hashtag amassed several million.
For speculators and meme aficionados, dogecoin offers a …

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DeFi Driving Chainlink’s Link Token to Record Highs – CoinDesk

defi driving chainlink’s link token to record highs – coindesk

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Chainlink’s link token jumped to record highs on Monday, far surpassing bitcoin’s returns since the start of 2020. The ever-increasing use of Chainlink’s price oracles in decentralized finance (DeFi) is driving the cryptocurrency higher, according to analysts. 
The 12th largest cryptocurrency by market value clocked a lifetime high of $5.72 at 11:45 UTC (7:45 a.m. ET) and was last trading at $5.65, representing over 200% gains on a year-to-date basis.
Meanwhile, bitcoin is down more than 50% from its lifetime high of $20,000 reached in December 2017 and has gained only 29% so far this year, according to data source Coin Metrics. 
The link cryptocurrency has decoupled from bitcoin, the crypto market leader. Observers are associating link’s massive rally with Chainlink’s increased usage in the decentralized finance space. 
“We’re attributing this short-term price spike to Chainlink’s scaled usage in the DeFi space,” said Vance Spencer, co-founder of Framework Ventures, which is one of the largest private holders of link tokens. “The market cap for DeFi projects have quintupled in the last half year, and most of the ecosystem is now relying on (or planning to rely on) Chainlink for connecting on-chain DeFi smart contracts to off-chain data feeds like commodities and crypto …

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Is it Smart to Invest in Dogecoin? | Cryptocurrency | Investment U

is it smart to invest in dogecoin? | cryptocurrency | investment u

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Are you looking to invest in Dogecoin but don’t know where to start? If so, you have come to the right place. Cryptocurrency assets come with a lot of risk. However, it’s also growing in popularity amongst investors.
The crypto market is crowding up quickly. But, Dogecoin has turned a fun joke into an actual investment opportunity. Take a glance at its thriving community and you will understand why.

Why Should You Invest in Dogecoin?
Dogecoin investing is community-based and that’s exactly where its potential lies. For example, disaster struck just weeks after its original release in 2013. On December 25th, a hacker stole 21 million DOGE, which was worth $12,000.
The community stepped in immediately, and started a fundraiser to replace the stolen coins. By February of 2014, the community completely replaced the funds.
This type of generosity is constantly on display. It’s another reason why so many people want to learn how to invest in Dogecoin in the first place. It’s much friendlier than most crypto communities out there.
Yet, Dogecoin began as a joke. A man by the name of Jackson Palmer took the likeness of an internet meme and turned it into a digital currency.

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What are Cryptocurrency Signals and their role in trading

what are cryptocurrency signals and their role in trading

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There’s more to trading cryptocurrency than the actual trading process – it takes an efficient trading strategy. Beginners, and even some professionals, rely on outside help to make profitable trades.This need for outside help is the reason behind crypto trade signals, which are designed to help people understand – and master – cryptocurrency trading. Here is more information about crypto signals and their role in trading.  What are Cryptocurrency Signals? It takes a degree of knowledge and a reliable strategy to make a profit from any kind of trading, including crypto trading. Not everyone has that knowledge, and not everyone can create those strategies.Even basic strategy, such as alternating between short-term traders and long-term investments, doesn’t apply to everyone. There’s still the matter of choosing the right coins to trade and which ones to avoid. This is where cryptocurrency trading signals come into play.  These signals are the result of plenty of analysis of the current market situation. Signals can help traders to make the right decision on a trade. Some traders can misunderstand the market when trying to come up with these predictions themselves. This is something best left in the hands of capable professionals.  Crypto signals …

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7 Takeaways For Being Profitable When Investing In Cryptocurrency

7 takeaways for being profitable when investing in cryptocurrency

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When it comes to cryptocurrency investing people have to take into account that this very volatile market is not for the weak-hearted. On the other hand, this market has matured a lot and has all the properties a regular market (like Forex) has, which is market cycles. Still, there is just one thing which makes the cryptocurrency market unique and that’s regulation or to clarify; the lack of regulation.
As a result, anyone can launch a new cryptocurrency and put it into the markets. This open character of the market could bring the lucky ones big profits, but there are also lots of investors suffering from big losses. If you are planning to join this game but haven’t started yet, you are on the right spot. In this article, 7 takeaways for being profitable when investing in the cryptocurrency markets without losing it all(this is what happens most!).
1. #DYOR:Do your own research
Before you start buying into coins, it’s very important to do your own research. There are several ways to do this but a good place to begin with is Coinmarketcap. This website gives in a glimpse a total overview of the current market and …

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Cardano at One-Year High on Shelley Upgrade – CoinDesk

cardano at one-year high on shelley upgrade – coindesk

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Cardano (ADA) continues to skyrocket.
The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second quarter, according to CoinDesk data. 
At press time, ADA is trading near $0.098, representing a 200% year-to-date gain. Its bitcoin-denominated price (ADA/USD) also clocked a one-year high of 1,120 satoshis (0.00001120 BTC) last week. 
Cardano-specific factors look to have fueled the big price rally, given that bitcoin, the top cryptocurrency and an anchor for crypto markets, has gained just 30% so far this year. 
According to Daniel Ferraro, marketing director at blockchain intelligence firm IntoTheBlock, ADA’s impressive rally is the result of the excitement surrounding the “Shelley” upgrade, which would make Cardano 50 to 100 times more decentralized than other prominent blockchain networks. Further, it will introduce an incentive scheme, or staking, designed to reach equilibrium around 1,000 stake pools.  
Staking refers to the process of holding coins in a cryptocurrency wallet to support the operations on a blockchain in return for newly minted coins. It is similar to earning interest on a fixed-income investment such as bonds. 
Read more: Compound’s ‘Yield Farmers’ Briefly Turned BAT Into DeFi’s Largest Coin
An incentivized …

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Bitcoin Investor Brock Pierce Announces 2020 Presidential Run, Promises Stimulus Check Overhaul

bitcoin investor brock pierce announces 2020 presidential run, promises stimulus check overhaul

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The U.S. is gearing up for the looming 2020 election amid a bleak economic backdrop blighted by the coronavirus pandemic. A crowded Democratic primary field has given way to former vice president Joe Biden, the presumptive nominee, who is set to take on Donald Trump for the White House in November.
Now, following outspoken rapper Kanye West’s announcement he’ll be making a bid to become the 46th U.S. president, controversial former child actor-turned-bitcoin and cryptocurrency advocate Brock Pierce has thrown his hat into the ring, promising to use technology to “enhance institutions and improve lives.”

Brock Pierce, chairman of the Bitcoin Foundation and co-founder of bitcoin and crypto-focused … [+] venture capital firm Blockchain Capital, has said he’ll be running for U.S. president in the 2020 election.

Getty Images for The Sime Awards

“Technology should be embraced, not feared,” Pierce said in a video announcing his independent presidential bid. “If our government was using 21st century technology, all of those stimulus and unemployment checks would have been received by the people in need much sooner.”

The IRS has sent out around 160 million stimulus checks to Americans, mostly by direct deposit and paper check, as part of the $2 trillion coronavirus stimulus package …

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