The Mechanics of Market Manipulation

The Mechanics of Market Manipulation 1  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

The action began at 3am UTC, with a sell order roughly 6 percent below the market price and hundreds of times larger than the norm on the exchange at that time. As that order fulfilled available bids, the ask price moved lower, dragging the market price down until it reached $6,276, at which point the selling stopped. A chronological calculation shows the sellers sold about 2,905.7 units of bitcoin, in aggregate at about $2.5 million below what they would have realized at a bitcoin market price of $7,700. At the…

IBM Files A Blockchain Patent For Fighting Package Theft By Drone

IBM Files A Blockchain Patent For Fighting Package Theft By Drone 4  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

IBM has filed for a patent of a system that uses blockchain technology to prevent drone-enabled package theft. According to a filing published by the United States Patent and Trademark Office (USPTO) on Nov. 12, IBM will track drone altitude using an Internet of Things (IoT) altimeter, while continuously uploading that data to a blockchain secure platform. Drones might be a thief’s perfect tool It might become ordinary for drones to be used for stealing packages in the future. The idea is that packages will be outfitted with an altitude…

Correction: Coinbase and Tagomi Deny Acquisition

Correction: Coinbase and Tagomi Deny Acquisition 8  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

“Tagomi and Coinbase were in talks last week – well Coinbase acquired Tagomi this morning for $150 million,” a source who claimed knowledge of the deal told CoinDesk. Both companies denied any acquisition subsequent to the story’s publication. A source at Tagomi told CoinDesk that the two companies have had negotiations about doing business, not acquisitions. Source link