Month: October 2018

Bitcoin (BTC) seems to have built a base around a key moving average in the last four months, although, so far, it has not been able to produce a definitive bullish breakout. Throughout 2018, the leading cryptocurrency has set lower price highs, indicating the path of least resistance is to the downside. Despite the bearish setup, the 21-month exponential moving average (EMA) has served as a strong floor since June. More importantly, the failure to beat the EMA support for Read more …

For small indie game developers, the advent of Apple’s App Store and Google Play has proven to be both a blessing and a curse. While one-man bands were able to upstage some of the world’s largest game publishers initially – Flappy Bird, anyone? – established studios have started to catch up, with competition in the marketplace rife and high commission fees eating into already tight profit margins. However, a decentralized “crypto arcade playground” is hoping to help smaller creators survive Read more …

It goes without saying that the crypto industry is built on and by its users, but a majority of the world’s population have yet to interact with blockchain technology, and subsequently, cryptocurrencies. However, one of the largest social media giants on the globe intends to amend this problem, recently launching a series of protocols, platforms, and systems that will undoubtedly bring this up and coming technology to the mainstream. LINE Goes All Out On Crypto, Worldwide Adoption Incoming As reported Read more …

Regulation In recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has issued a warning regarding purported cryptocurrency company, Alliance Capitals. Also Read: North Dakota Issues Orders Against Bitconnect, Magma, Pension Rewards Industry Leaders Warn U.S. Lawmakers Read more …

With the release of Bitcoin’s whitepaper approaching its 10 year anniversary on October 31, artists from around the world are celebrating by hosting an art exhibition in France. Open to the public on September 28, the Bitcoin Art (r)evolution exhibit runs until 8 October 5 in Paris, a city known for being the “City of Art” as it is home to some of the world’s most renown museums and galleries. The event organizer and French artist, Pascal Boyart, is eager to Read more …

Opera, provider of a popular web browser, is partnering with with blockchain advisory and financial services firm Ledger Capital to further explore blockchain technology. According to a press release, the strategic partnership sees the two entities seeking new “applications and use cases” for blockchain, as well as “growth opportunities” for the tech within Opera products. Opera is not new to the blockchain space and is notably developing a cryptocurrency wallet that is built into its Android browser. It opened the beta-stage product to the public Read more …

China’s Bitcoin ‘tycoon’ and serial investor Li Xiaolai will take a hands-off approach to future blockchain projects, he announced on social media Sunday, September 30. In an approach that appeared to take many by surprise, Li, well known as one of China’s rumored biggest Bitcoin bagholders and investors, appeared dissatisfied with fraudulent actors in the blockchain industry that were claiming he was part of their undertakings. “From this day on, Li Xiaolai personally will not invest in any projects (whether Read more …

On Sept. 17, Europa Press reported on the contract the autonomous community of Aragon, one of the 17 Spanish autonomous communities, signed with Alastria — a blockchain ecosystem of more than 274 entities, including companies and institutions which create blockchain-based tools in line with Spanish and European Union legal frameworks. This blockchain is aimed to improve the transparency and efficiency of the administration, which in turn will attract business and investments. A week later, federal officials decided to keep up Read more …

The Reserve Bank of India has denied the creation of a new internal unit dedicated to cryptocurrency, blockchain and artificial intelligence (AI) research. In late August, India’s most-popular financial daily, the Economic Times, reported that the Reserve Bank of India (RBI) had formed a new unit for researching and even regulating disruptive technologies like blockchain. The unit had been operational for a month at the time, the report claimed after citing two anonymous sources purportedly aware of developments at the Read more …

Key Points Bitcoin price is placed well above the $6,440 support level against the US Dollar. There is a crucial bullish trend line formed with support at $6,540 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break the $6,625 and $6,665 resistance levels to trade further higher. Bitcoin price is trading above key supports against the US Dollar. BTC/USD needs to clear the $6,665 resistance to revisit $6,800 and $6,850. Bitcoin Read more …