Blockchain Technology Aims to Disrupt Telecom Industry

Blockchain technology is breaking away from the conventional fintech sector and switching to industries like telecom and auto. The world is at the feet of Blockchain. The IoT (Internet of Things), AI (artificial intelligence), VR (virtual reality) and Big Data have some connection to the crypto realm. As far as the telecommunication industry is concerned, there’s no secret that the system is centralized, defective and obstinate because billing and distributing content can’t happen without extremely high transactional fees and fickle Read more …

Asian Market Update – Tuesday: Ethereum on the rise as bitcoin consolidates; Asian stocks up on US tax reform

The Big Question: Are we about to witness another huge run in ethereum? Prices of ethereum and litecoin continued on a solid upswing Tuesday morning in Asia, while bitcoin pointed slightly lower. Ethereum saw the biggest gain among the three main coins at midday, adding more than 6 percent to a fresh all-time high of $834. Ethereum has been gaining for four straight days starting Saturday, adding about 20 percent to the price since then. Litecoin tracked closely ethereum’s solid Read more …

Ethereum Price Technical Analysis – ETH/USD Burst Above $800

Key Highlights ETH price made a nice upside move and broke the $800 resistance against the US Dollar. There was a break above yesterday’s pointed contracting triangle with resistance at $725 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is heading higher and it might continue to move higher towards the $850 and $900 levels. Ethereum price is surging higher against the US Dollar and Bitcoin. ETH/USD might rocket higher and move toward $850-900 in the Read more …

ZABERCOIN TOKEN SALE ADVISORY BOARD GROWS FROM STRENGTH TO STRENGTH!

David Drake – new advisor at Zabercoin! It is with great excitement and pride to announce that David Drake the well-known blockchain, finance and asset management giant has joined the Zabercoin team in an advisory capacity! Zabercoin is delighted to publicise that as advisor David will ensure that Zabercoin achieves its goal of becoming the preferred real estate utility token by providing a competitive advantage to the investor in the global blockchain cryptocurrency market environment! The Zabercoin management team is Read more …

The White Elephant in the Room – EOS Investors Shell Out $700m for Purposeless Token

One of the main snippets of advice given to inexperienced crypto traders is to try and look for altcoins that have a purpose or technology that can be applied in real-world situations. Many of them do just that including Ethereum, NEO, Substratum, OmiseGO, Power Ledger, Factom, Iota and TenX to name a few. Then there are those that are just currencies such as Bitcoin and Litecoin which can also be outstanding investment opportunities as we have seen in recent months. Read more …

THERE IS A 75% CHANCE OF LTC PRICES TESTING $420

Is there a chance of LTC prices testing $420? Well, it depends on how you look at it. Technically, LTC is reversing  from our expected area of support as shown by the Fibonacci retracement levels drawn from last week’s high low. IOTA is also replicating the same set up following that close above the middle BB on December 18. The question now is: Will this continue? What will happen if say IOTA find resistance at $5.56? Do you think this Read more …

Comparative Analysis of Community Governance in Digital Currencies

Since there are no central authorities when it comes to cryptocurrency projects, decision making sometimes becomes very challenging. Most of the time the direction of the network is left in the hands of a few people, such as the project’s core development team. Bitcoin is the classic example of a network that’s so decentralized as to make governance difficult. Even worse, numerous power-centers within the community are at odds with each other; miners may seek one form of scaling for Read more …

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Past $2200

Key Points Bitcoin cash price gained heavy momentum and was able to move above $2000 against the US Dollar. Yesterday’s highlighted key bullish trend line with current support at $1850 is intact on the hourly chart of BCH/USD (data feed from Kraken). The pair might correct a few points, but it remains supported above the $1900 level. Bitcoin cash price made a nice upside move above $2000 against the US Dollar. BCH/USD may continue to gain pace and remains a Read more …

Thomson Reuters Adds Bitcoin Cash to Eikon Platform

Finance Over 300,000 financial professionals working in asset management, hedge funds or other institutions now have access to bitcoin cash data directly via their Thomson Reuters Eikon platform. Also Read: Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore Toronto-headquartered multinational mass media and information firm, Thomson Reuters Corporation (NYSE: TRI), has added bitcoin cash (BCH) to its Bloomberg Terminal challenger platform, Eikon. BCH has thus become only the third cryptocurrency to list on Read more …

Digital Currency Dash Surges Past $1,000 Barrier to New High of $1,250

This past weekend, Dash became the first digital currency without the word “Bitcoin” in its name to breach the $1,000 barrier. Dash began the year at $11.26, while its price at press time has now reached $1206, a 107-fold increase in just less than a year. In fact, even Ethereum’s tremendous surge is less than Dash’s gains, with Ethereum having seen 99-fold growth in 2017. Governance and budget Governance has become a hot topic in the digital currency world following Read more …

Ordinary Leather Wallets Being Supplanted by Digital Wallets this Christmas

This holiday season, shopping patterns show signs that cryptocurrencies are becoming part of the mainstream economy. Sales of leather wallets, a popular gift during the festive season, are declining. Shoppers are more interested in digital wallets to store their growing stash of cryptocurrencies and tokens. Cyber defense If your wish list includes a popular RFID-blocking wallet in genuine cowhide leather, maybe you should go digital, instead. Digital wallets provide a new level of security and financial management capabilities. All your Read more …

Bitcoin Price Technical Analysis for 12/19/2017 – Larger Pullback Underway?

Bitcoin Price Key Highlights Bitcoin price is still in correction mode, failing to make new highs after bouncing off the trend line support. This signals that buying momentum remains weak and that a deeper pullback might be needed to draw more bulls in. Still, if another wave higher happens, the Fib extension tool shows the next upside targets. Bitcoin price might need a larger pullback before attempting to set new record highs past the $20,000 handle. Technical Indicators Signals The Read more …