Australian Government to Help Fund Trade Mission to CoinDesk Consensus

Australia’s government has committed AU$100,000 (US$71,139) funding for a blockchain industry trade mission to CoinDesk’s Consensus event in May. Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham jointly announced Monday that the federal government funding is aimed to help Australia become “a global leader” in the “burgeoning” blockchain industry. The grant will go to assist local companies joining the Australian Trade and Investment Commission’s (Austrade’s) mission to Consensus 2019 in New York Read more …

Ethereum (ETH) Price Prediction: Slow and Steady Uptrend

Ethereum price rallied above the $140.00 resistance this past week and traded to $147.50. ETH/USD corrected lower, but it remains well bid above the $140.00 support. Ethereum price corrected lower and tested the $140.00 support (previous resistance). A short term bullish trend line is formed with support at $142.00 on the 30-minute chart. ETH price is placed above the $140.00 support and it could bounce back above $144.50. Trade Ethereum with the Cryptohopper Platform Ethereum Price Analysis Finally, there was Read more …

Ripple (XRP) Price Prediction: After a Breakout, Price Rally Soon?

Ripple price rallied above the $0.3200 resistance and tested the $0.3300 zone. XRP/USD corrected lower, but buyers remain in control above the $0.3200 and $0.3210 supports. Ripple price traded as high as $0.3297 and later corrected towards the $0.3200 support. A major breakout pattern is formed with support at $0.3225 on the 30-minute chart. XRP price is likely to rally above the $0.3260 and $0.3280 levels as long as it is above $0.3200. Trade XRP with the 3Commas Platform. Ripple Read more …

Midas Protocol Integrates with Kyber Network and IDEX to Create Universal Wallet

Bitcoin Press Release: Midas Protocol, a universal wallet is bringing accessibility and security for all its users in the blockchain sphere. March 18th, 2019, Singapore – At the heart of Midas ecosystem, Midas Protocol is a universal wallet created for everyone, from new users to experts. It aims to be the most innovative wallet for all essential crypto needs, from safekeeping, intelligent trading and portfolio management. Over the past years, growing a strong ecosystem has increasingly been targeted by many Read more …

Bitcoin Rages Bullish in Technical Indicators For the First Time Since 2017

In recent months, the substantial increase in the daily volume of bitcoin and the rest of the cryptocurrency market has led analysts to suggest that the overall trading activity in the market is rising. While some stated that the minimal impact on the bitcoin price despite the large movements of alternative cryptocurrencies show a small inflow of capital into the crypto market, the general sentiment regarding the asset class has improved. Join CCN for $9.99 per month and get an Read more …

Australian Government Unveils National Blockchain Strategy and Roadmap, Invests $71,200

A recent report made it known that the Australian government has unveiled a national blockchain strategy and roadmap. The federal government has also committed AU$100,000 (~$71,200) in funding for the support of the blockchain industry in the country. Joint Announcement of Roadmap from Two Ministers This report is a joint announcement from two ministers, Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment. According to the two ministers, the new national blockchain strategy and Read more …

XRP Price Resumes Bearish Trend as XRP/BTC Continues to Drop

There is a lot of interesting market momentum to keep an eye on in the cryptocurrency world. While the top markets are still all over the place, there is still some bearish pressure to contend with as well. The XRP price is still in the red, and most traders seemingly expect it to drop further to $0.31. Not s good start of the week, but the current trend may not allow that lower level to be hit. What is Happening Read more …

Crypto Heralds Something Greater Than Facebook

Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the Gemini crypto exchange, say that while Facebook’s secretive crypto project is positive for the industry, ultimately crypto will usher in something greater than the social networking era. The twins made their remarks during an interview with British broadsheet The Telegraph on March 17. The Winklevoss twins have a famously antagonistic history with Facebook founder Mark Zuckerberg, having sued him for allegedly stealing the idea for the social network from Read more …

China’s Resurgent Stock Market is Seeing Profits Flow Into Bitcoin

China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No.2 Entry Fiat Currency Statistics gathered by monitoring resource Coinlib showing capital inflow into bitcoin and other cryptocurrencies puts the Chinese yuan (CNY) in the top entry currencies. For the 24 hours to press time, CNY inflows into bitcoin topped the equivalent of $165 million, with Ether, the largest altcoin, seeing just under $75 million during the same Read more …

QASH Review: Introduction to QASH

Quoine Liquid, the platform developed by Mike Kayamori and Mario Gomez in 2014, became widely known in 2017 when it became the first cryptocurrency company to be officially licensed by the FSA, Japan’s Financial Services Agency. In this review, we will be focusing on QASH (pronounced “cash”), the native currency of the platform above. QASH is the primary weapon with which Quoine Liquid aims to solve the liquidity problems that currently seem to be plaguing the crypto industry. How does Read more …

Citi Scraps Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency

In light of the splash JPMorgan made recently with its plan for a bank-backed cryptocurrency, it’s worth remembering another big institution first tested a token to connect global payments – back in 2015. Codenamed “Citicoin,” the project out of Citigroup’s innovation lab in Dublin was never formally announced by the bank, even as a proof of concept. The idea was to streamline global payment processes. As such, there are obvious parallels with the much-vaunted JPM Coin. However, having taken stock Read more …

Kin Price Gains Over 20% yet Value Stays at 1 Satoshi

As the weekend transitions into a new week, things will undoubtedly get very interesting for a lot of cryptocurrencies. While the top markets still try to find their ground, it seems some of the lower-cap alternative ones are moving up. If the Kin price is an example of what awaits throughout the day, there could be a lot of surprising momentum in the coming hours. Kin Price Momentum Surprises Traders It is not entirely uncommon to see small cap altcoins Read more …