Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar.The price is currently testing the key $10,800 resistance area and it might correct a few points.There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high.Bitcoin OI Hits a HighBy definition, open interest is a measure total number of outstanding derivative contracts, such as futures that have...Read More
Amanda B. Johnson, Chairperson of the Dash Investment Foundation (DIF), is in the news after it announced on its YouTube channel that it would be ready to make its first funding proposal for investment-related activities. Johnson also spoke about strategy, funding policies and the Foundation’s plans for transparency. According to Johnson, the DIF is prepared...Read More
Whale Alert is a live tracker for major cryptocurrencies that alerts the public if any large transaction have been made. It’s mostly used as an alert of a potential market action or a whale entering / exiting a position. ? ? ? ? ? ? ? ? ? ? 94,504 #BTC (1,018,147,922 USD) transferred from...Read More
The total crypto market cap is climbing higher and it may soon break the $265.0B resistance.Bitcoin price is now trading nicely above the $10,600 level, with a positive angle.EOS price is currently consolidating near the $3.300 level.Binance Coin (BNB) is gaining momentum and is currently trading above the $22.25 level.BCH price may soon make another...Read More
This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To keep the conversation going in person, register for Invest: Asia 2019 coming up in Singapore on Sept. 11-12. Since the cryptocurrency boom and...Read More
U.S.-based crypto exchange Poloniex took to Twitter today to announce the upgrade of its XRP wallets, which will result in withdrawals and deposits being suspended for several hours. What will change? On Sept. 5, the crypto exchange took to Twitter to explain that it will upgrade its XRP wallets to further enhance the user experience....Read More
A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. Someone could have sent 94K BTC for $35 Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion). According...Read More
Ripple price extended its decline and traded towards the $0.2520 level against the US dollar.The price is currently correcting higher, but it is facing resistance near the $0.2570-$0.2580 area.There is a key bearish trend line forming with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains at...Read More
After testing $180 two days ago, ETH / USD bottomed out at $171 on Bitstamp. Right when the price hit that level, decent buy volume pumped the Ethereum price to $175. Due to lack of volume, the market since then has been trading sideways, just like most other cryptocurrencies today. Let’s go over any Ethereum...Read More
ETH price extended its decline and tested the $170 support area against the US Dollar.The price is currently correcting higher, but it is struggling to break the $175 resistance area.There was a break above a major declining channel with resistance near $173 on the hourly chart of ETH/USD (data feed via Kraken).The bulls need to...Read More
For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed. As shown by Chain Link’s research paper, mixing services powered by decentralized oracles can overcome this barrier, September 4,...Read More
Venture capitalist Fred Wilson once believed that Ethereum would surpass the market capitalization of Bitcoin. Yet, persistent scaling problems are causing former advocates to revise their opinions. Investors seem to agree, with ETH trading at historic lows against BTC. “Hard to build on” Fred Wilson, co-founder and managing partner at Union Square Ventures, used to...Read More
Since PlusToken’s wallet team was confirmed to be on the run, global blockchain market has been paying close attention to the $2.9 billion in assets involved. PlusToken’s running funds involve a huge amount of money, and frequent capital changes and possible crushing will become the trigger for panic in market. According to PeckShield Platform, some...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
It would appear the notorious ZCash project has hit a fair few hurdles in recent days. Not only is there a trademark dispute regarding the ZCash name, but it seems the price of this altcoin is collapsing as well. Finding a solution to either of these problems may be further away than most people realize....Read More
The University of Gibraltar and Huobi University, a blockchain technology education institution in China, an affiliate of the Huobi Group, the global digital asset exchange provider, have announced the signing of a Memorandum of Understanding (MOU) to explore the development of blockchain education and research initiatives. Albert Isola MP, Gibraltar’s Minister for Commerce, formally exchanged...Read More
New Jersey state house and capitol complex in Trenton Blockchain application research is set to premier in New Jersey. This was after Governor Phil Murphy assented to the S2297 bill. The law’s mandate is to create a commission that will explore blockchain options for the state. This news was published at New Jersey’s website in...Read More
After keeping their thoughts on crypto quiet for years, a key executive at Apple is now explaining that the company is interested in the nascent technology, but further added that users shouldn’t expect anything crypto-related to come to Apple products anytime soon.Despite their down-the-road interest, Apple is lagging significantly behind some of its main competitors,...Read More
Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites. The findings Cryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code support in their wallet, ZenGo learned of the prevalence of scam...Read More
LATOKEN will hold VI Blockchain Economic Forum on the 20th September in London. The top-10 cryptocurrency exchange will host the blockchain industries premier VC/blockchain funds and startups to discuss future capital market, fundraising and strategy. Over 30 VC/crypto funds with total assets under management over $3 billion have confirmed their participation. Among them: Karim-Patrick Khiar,...Read More
September 6, 2019 15 Views Gemini, the New York registered bitcoin exchange company, today announced the launch of Gemini Clearing, a fully-electronic clearing and settlement solution for over-the-counter (OTC) crypto trades. Gemini Clearing allows trades that are negotiated off-exchange or OTC to settle between Gemini accounts. Such trades can be arranged bilaterally between two parties...Read More
Major cryptocurrency exchange Binance plans to launch a token airdrop as part of the company’s acquisition of JEX, a crypto-asset trading platform. In a Sept. 5 announcement, Binance again revealed the acquisition of JEX, which will now operate under the name Binance JEX as an independent team within the Binance ecosystem. Following the acquisition, Binance...Read More
Christine Lagarde, head of International Monetary Fund, recently commented that Cryptocurrency regulations are inevitable and somewhat a necessary demand in the international market. Cryptocurrency has a shaking impact on the traditional financial world and soon will be accepted globally by the banks too. Well, that is surely good news for XRP since this currency is...Read More
Binance, one of the planet’s largest cryptocurrency exchanges has just launched a fundraiser to help those impacted by the destruction wrought by Hurricane Dorian. The last couple of days have seen Caribbean islands and now the south east coast of the US battered by winds, leaving hundreds of thousands of individuals in need of aid.Binance...Read More
September 6, 2019 31 Views Hydrogen, a provider of financial and blockchain APIs, announced that its platform has achieved ‘Powered by Oracle Cloud’ status, and is now available in the Oracle Cloud Marketplace. The Hydrogen platform enables organizations of all sizes to create decentralized banking, investing, savings, insurance, and wellness applications. The Oracle Cloud Marketplace...Read More
In an industry where innovation is status quo, crypto exchanges have taken the lead in terms of delivering new tokens and creating newer gateways into the crypto ecosystem. One such leading establishment, Gemini announced the launch of Gemini Clearing™, which allows trades that are negotiated off-exchange or OTC to settle between Gemini accounts. Gemini co-founder...Read More
Cardano has again hit rock bottom after rising to $0.052 in the last week. The coin may gain some good momentum over the weekend to cross $0.050 again. Cardano is also celebrating its second anniversary this month and hence keeping a close watch on it. This may prove to be a good move to record...Read More
Bitcoin has found some stability within the mid-$10,000 region over the past couple of days after incurring significant volatility earlier this week. This stability marks a bout of consolidation that comes shortly after BTC’s massive surge from the lower-$9,000 region to highs of roughly $10,800, which is where it faced some levels of resistance.Although the...Read More
If Andreessen Horowitz has any say in the matter, crypto regulation could be just around the corner. As unsavory as it may sound, Washington tends to be more swayed by powerful interest groups than the will of the general public. And if any sector of the American economy needs a lobbyist to represent its interests,...Read More
