Markets are slowly climbing this Monday; XRP doing well at the expense of Ethereum. Monday morning in crypto land has seen markets remain stable and even climb a bit following Saturday’s predicted dump. However, no major momentum can be seen yet as total capitalization hovers just over $224 billion. Bitcoin is trading at $6,650 which is up just one percent on the day. After falling to a weekly low of $6,380 BTC starts this week just slightly lower than its Read more …
Key Points Bitcoin cash price remained in a positive zone and is currently above the $500 support against the US Dollar. There is a key bearish trend line in place with resistance at $540 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair needs to trade above the $550 resistance and the 100 hourly simple moving average to gain traction. Bitcoin cash price is currently consolidating above $500 against the US Dollar. BCH/USD must surpass Read more …
Bitcoin Price Key Highlights Bitcoin price has recently broken out of its symmetrical triangle pattern but has since pulled back for a retest. Price continues to hover around the broken resistance, though, and might still have a chance at falling back in consolidation. If the area of interest continues to keep losses in check, bitcoin price could resume a climb that’s the same height as the triangle. Bitcoin price recently closed past the top of its triangle formation but this Read more …
The Japan Virtual Currency Exchange Association says it will tighten investor protection stipulations after a wave of hacks on digital currency exchanges. Citing informed sources, the Japan Times reported the Japan Virtual Currency Exchange Association (JVCEA) has agreed to revise certain self-imposed rules to keep investors safe in the wake of hacks. The JVCEA is set to place a cap on the number of cryptocurrencies managed, which will reportedly equal between 10-20% of customer deposits. The decision largely comes after Read more …
Bittmint – Blockchain News Magazine (press release)Altcoin Ripple leading coalition seeking gov't oversight encouraging crypto and blockchainBittmint – Blockchain News Magazine (press release)As reported by Bloomberg, Ripple is leading a crypto start-up in D.C to support blockchain innovation, the start-up privately holds financial, software, data, and media company headquartered in Midtown Manhattan, New York City. Accordingly, the …Why Ripple (XRP) is good for crypto market even if you don't like them for ideological reasonsCaptainAltcoinRipple Leads Crypto Coalition Seeking Gov't Oversight Read more …
Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. There’s a moment during almost every presentation I give on blockchain technology’s potential to address trust barriers in supply chains where an audience member asks, “But are we not still trusting the thing/person inputting the data?” I typically reply with: Read more …
CryptoGlobeKraken Launches New Altcoin Markets: Quantum (QTUM) and Cardano (ADA)CryptoGlobeIn an announcement on their blog, Kraken reports that they will launch trading for QTUM and ADA on their exchange. Trading will launch today (September 28, 2018) at 1:00 PM UTC. Both QTUM and ADA will have trading pairs with: USD, EUR, CAD, XBT, …Kraken to list two new assets – Cardano (ADA) and Quantum (QTUM) | Kraken BlogKraken Blogall 54 news articles » Source
Regulation The securities department of the US state of North Dakota has issued orders against three companies promoting initial coin offerings in the state. They are Bitconnect, Magma Foundation, and Pension Rewards. The investigations are part of Operation Cryptosweep which involves over 40 US and Canadian securities regulators. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals North Dakota’s Cease and Desist Orders North Dakota Securities Commissioner Karen Tyler issued cease and desist orders Wednesday against three companies Read more …
Fundamental developments as formation of SAIV, objectives of Coil to turn XRP from a facilitator to a medium of exchange and increase coin listings at various exchanges is bullish. Aside from this, Nigel Green’s comments cement our bullish stand. This is further solidified by candlestick formations of the last two weeks and the increasing capital flow to XRP. Investment in XRP rose to $311 from $239 million in the last week. Latest Ripple News The FX market is a huge Read more …
Berners-Lee gave us the web nearly 30 years ago, but it didn’t quite work out the way he expected. As blockchain proponents work to provide decentralization and remove the technology giant’s monopolies on our data, Berners-Lee also has a solution. Solid, and his new company to drive the success of Solid – Inrupt. It’s no secret that Berners-Lee is “devastated” by today’s internet. Though he recognizes the internet has brought a “better and more connected world,” but for all the Read more …
Overly, altcoin bulls are in control and even though prices are consolidating inside key candlesticks, week ending Sep 23 bulls influence our analysis—and sentiment. Most notably is Monero which is consolidating and rejecting lower lows below $100 and EOS which despite Huobi collusion accusation is stable but a long way from $7. Litecoin, Cardano and Stellar Lumens prices are stable and might edge higher this week confirming our bullish stance. EOS Price Analysis Rarely is there a perfect consensus algorithm. Read more …
StellarX, a Stellar-based zero-fee decentralized crypto exchange has left its beta phase and was fully launched Friday, September 28. The launch was announced in a blog post by Interstellar, the company behind the platform. The exchange, originally announced in July this year, is based on Stellar’s (XLM) universal marketplace. Stellar is an open-source protocol for cryptocurrency to fiat transfers. Its own cryptocurrency XLM is currently the 6th largest, with a market cap of $4.8 billion, according to CoinMarketCap. According to Read more …