Syndax Pharmaceuticals is invovlved in the development of cancer therapies. Entinostat is one of their products. $SNDX has seen a dramatic increase in price. I’m keeping an eye on this one.
“To connect data owners and data consumers without middlmen being able to see or control the data via decentralized access control and data marketplaces” is listed as the mission of Ocean Protocol , OCEAN. Unlocking private data while preserving privacy is especially important when you are dealing with medical data.
As the world struggles with the Covid 19 outbreak we are seeing new opportunities for blockchain projects such as Ocean Protocol. The ability to quickly provide data while maintaining the privacy of the patient has never been more important.
Many expected the price of Bitcoin to dive after the Bitcoin Halving. The expected Bitcoin dump has not materialized leaving many to believe that the actual Bitcoin dump occurred well before the halving. Bitcoin price jumped to close to the $10,000 mark before minutes later falling again to $9700.
JP Morgan Chase is reportedly now accepting clients involved in cryptocurrency. Chase has been a vocal critic of both Bitcoin and cryptocurrency for years. Many suspected that they were quietly investing in Bitcoin while discrediting the currency in public statements. I remember when Chase actually penalized customers with fees when they used a Chase debit to purchase Bitcoin.
Coinbase has reportedly become a Chase customer. By embracing such a high profile cryptocurrency business, Chase seems to be sending a welcome message to future cryptocurrency investment.
The much anticipated halving of Bitcoin has occurred. As with the previous 2 halvings, this did not result in a price increase. In spite of this history many Bitcoin enthusiast expected to see a spike in price. During the previous halving, it took almost a year for the Bitcoin price to make a drastic move upwards.
As of now miners will be earning less and Bitcoin has a lower inflation than gold. What happens with the price remains to be seen.
I am using one of my favorite Hive dapps, Steempress, to make this post. Steempress is a wordpress plugin that allows you to post content on your WordPress blog and automatically send the post to the HIVE platform.
I also use PeakD to access my Hive account. PeakD makes it easy to access your HIVE wallet and view posts.
This list of apps shows the many options available to users of HIVE.
Many US companies are expected to spend an increasing amount of their yearly budgets on technology enabling the new work at home culture. As companies search for solutions to the new problems they encounter during the virus outbreak, we are likely to see many new investment opportunities.
Increased spending on services such as cloud storage and file sharing is expected during the next year. Both virtual desktop and conferencing software will also be in demand. We are seeing a build up of home based work at home environments that we have never seen before.
Watch for new companies that solve the many telework problems that almost every company is dealing with right now.