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E-Trade Financial Launches CME Bitcoin Futures Trading – CoinDesk

CoinDeskE-Trade Financial Launches CME Bitcoin Futures TradingCoinDeskAccording to its website, the online stock brokerage firm – which launched the trading of CBOE bitcoin futures last month – opened up trading of bitcoin futures from CME Group for cu…


CoinDesk

E-Trade Financial Launches CME Bitcoin Futures Trading
CoinDesk
According to its website, the online stock brokerage firm – which launched the trading of CBOE bitcoin futures last month – opened up trading of bitcoin futures from CME Group for customers as of Tuesday evening. The intraday initial margin requirement ...
E-Trade begins CME bitcoin trading as of Tuesday eveningCNBC
Bitcoin Futures Fail To Live Up To The HypeForbes
Speculators raised net short bitcoin positions in Dec 26 week: CFTCReuters
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
all 49 news articles »

Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides

Key Highlights Ethereum classic price is moving nicely above the $30-31 support area against the US Dollar. There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to rise toward the $35.00 level as long as it is … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides

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Key Highlights

  • Ethereum classic price is moving nicely above the $30-31 support area against the US Dollar.
  • There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  • The pair might continue to rise toward the $35.00 level as long as it is above $30.00.

Ethereum classic price is moving higher against the US Dollar and Bitcoin. ETC/USD is stable above $30.00 and is eyeing more upsides toward $35.00.

Ethereum Classic Price Support

There was a steady rise in ETC price above the $26.00 pivot against the US Dollar. The price gained momentum and was able to move above the $30.00 and $34.00 resistance levels. A high was formed at $34.96 from where a downside correction wave was initiated. ETC has moved below the 23.6% Fib retracement level of the last wave from the $25.90 low to $34.96 high.

However, there are many supports on the downside above the $30.00 handle. There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD pair. The pair recently tested the 50% Fib retracement level of the last wave from the $25.90 low to $34.96 high. It is currently holding the $31.40 support and is showing a lot of positive signs. It seems like the pair is likely to hold the $31.40-50 support area. On the upside, an initial resistance is around the $33.00 level.

Ethereum Classic Price Technical Analysis ETC USD

Above the mentioned $33.00 level, the price could move above the $34.00 level toward the recent high of $34.96 in the near term. A break above the $35.00 level won’t be easy considering the current market moves.

Hourly MACD – The MACD for ETC/USD is currently in the bearish zone with no major negative sign.

Hourly RSI – The RSI for ETC/USD is holding the 50 level very well and is showing positive signs.

Major Support Level – $31.40

Major Resistance Level – $34.00

 

Charts courtesy – Trading View, Kraken

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European Central Bank Latest Institution to Use “Blockchain Not Bitcoin” Narrative

The European Central Bank (ECB) has stated that blockchain technology has the potential to improve existing infrastructures of banks and financial institutions, hinting the possibility of creating a central bank-backed bitcoin inspired digital currency. ECB executive board member Benoît Cœuré noted: “In that respect, I would make a clear distinction between wholesale and retail applications. … Continue reading European Central Bank Latest Institution to Use “Blockchain Not Bitcoin” Narrative

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The European Central Bank (ECB) has stated that blockchain technology has the potential to improve existing infrastructures of banks and financial institutions, hinting the possibility of creating a central bank-backed bitcoin inspired digital currency.

ECB executive board member Benoît Cœuré noted:

“In that respect, I would make a clear distinction between wholesale and retail applications. Starting with wholesale markets, we see that distributed ledger technology (DLT) has a lot of potential for market infrastructures. All major central banks are looking into it.

The question will arise as to whether central banks could at some point provide central bank money to financial market infrastructures in a digital form. We are still in the early stages of that discussion, but it is a relevant one”

Blockchain Not Bitcoin

The blockchain-not-bitcoin narrative has been pursued by major banks and financial institutions since early 2015, as consortia and companies like R3CEV and Hyperledger raised many billions of dollars to integrate permissioned ledgers or centralized blockchain networks onto existing bank infrastructures.

Fast forward two years, by 2018, none of the blockchain consortia, multi-billion dollar banks, and central banks have demonstrated any commercial success and utilized blockchain technology on a large scale.

Over the past few months, analysts have started to question the viability of permissioned ledger implementation and whether blockchain technology can be extracted from public blockchain networks like bitcoin and be used as its own as a settlement network.

Last year, highly respected bitcoin and security expert Andreas Antonopoulos explained at the Blockchain Africa Conference held in South Africa that the blockchain is one of many technologies that is used to support cryptocurrencies like bitcoin and Ethereum.

“Blockchain is the technology behind bitcoin. Which is incorrect. The blockchain is one of the four foundational technologies behind bitcoin and it can’t stand alone. But that hasn’t stopped people from trying to sell it. The blockchain is bitcoin with a haircut and a suit you parade in front of your board,” said Antonopoulos.

He added that bitcoin is based on four major fundamental technologies in Schnorr signatures, advanced elliptic curve applications, ring signatures, and blockchain technology. The blockchain operates simply as a database to record the settlement of transactions. Hence, merely taking out blockchain technology from bitcoin and using it as a settlement network is no different than using a centralized database to process transactions.

Exposed

Recently, American Banker reported that BankThink does not believe in the blockchain hype and that there are good applications of blockchain technology.

“Each purported use case — from payments to legal documents, from escrow to voting systems — amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, 10 years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?,” wrote True Link Financial co-founder and CEO Kai Stinchcombe.

Evidently, the potential of public blockchain networks like bitcoin and Ethereum are truly massive, given that bitcoin has been operating as a robust settlement network and digital currency, while Ethereum has been operating as a decentralized computer, supporting decentralized applications.

But, because of security issues and centralization problems, permissioned ledgers of centralized blockchains are limited in what they can achieve and applications they can target.

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IOTA PRICES STALL AT $4.2

There is a minor recovery for most alt coins prices and as IOTA prices stall at $4.2, a bear pin bar is clear in NEM and DASH. It will be interesting for NEM especially now that sell pressure is expected anywhere at around $1.1. Unlike NEM, LTC set up is a little bit complex but … Continue reading IOTA PRICES STALL AT $4.2

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There is a minor recovery for most alt coins prices and as IOTA prices stall at $4.2, a bear pin bar is clear in NEM and DASH.

It will be interesting for NEM especially now that sell pressure is expected anywhere at around $1.1.

Unlike NEM, LTC set up is a little bit complex but one thing is certain, if buyers push prices past $290, then bears would no longer be in charge.

Let’s have a look at other charts

DOJI AT RESISTANCE…WILL NEM SELLERS CONFIRM THIS?

nem bear pin bar at $1.1
XEMUSD 4HR Chart for January 3, 2018

So, there we go guys. That is the sell pressure I’m talking about and odds of bears confirming this doji candlestick is high.

Remember since the beginning of the year, I have been laying emphasis on the importance of the wedge and the upper limit especially now that there is a slight over-extension of NEM prices in the weekly chart.

I’m looking forward for a little bit of depreciation say back towards $0.84 but if this week’s candlestick closes as a bear, then more price erosion is likely in the coming days or weeks.

For now, let’s see if bears will confirm my assertion and correct.

DASH PIN BAR AT 78.6% FIBONACCI RETRACEMENT LEVEL

DASH bear pin bar at resistance
DASHUSD 4HR Chart for January 3, 2018

Let’s go back to the very beginning and refer to Monday’s analysis where we highlighted the general DASH trend in the weekly chart.

It is clearly bearish and therefore sellers should be looking for better entries in the 4HR chart to short. To facilitate such, a Fibonacci retracement tool is a got to tool for fine tuning entries. We shall therefore draw one anchoring on last week’s high lows.

Even though a stochastic sell signal is yet to print, there is a bear pin bar turning from around $1200 which is last week’s highs.

I recommend sellers to stay on the wings for now. However, should there be confirmation, then sellers can jump in right after the close of that bear candlestick.

IOTA PRICES STALL AT $4.2

IOTA prices stall at $4.2
IOTUSD 4HR Chart for January 3, 2018

Notice how IOTA prices are stalling at around $4.2?

Even though IOTA buyers should atleast aim for $5.5 and perhaps continue with the over-all, long term buy trend, there is an obvious IOTA over-valuation in the weekly chart. Regardless of what happens, we cannot water down the potential of further trickle down especially if this week’s candlestick ends up bearish.

On top of this 3-bar reversal pattern at resistance, a stochastic sell signal is likely to print. However, this is dependent on if bearish soldiers continue to print in the coming sessions.

Anyhow, I recommend buying in there short term with immediate targets at $5.5.

MONERO CLOSE ABOVE MINOR RESISTANCE TREND LINE IN THE 4HR CHART….MORE UPSIDE IN VIEW?

Monero buyers im at $400
XMRUSD 4HR Chart for January 3, 2018

From yesterday’s chart, Monero prices went according to our plan.

There was that slice and close past the minor resistance trend line. This also meant a short term buy strategy atleast until a clear stochastic sell signal prints.

Of course that would be ideal. But in case prices surge and reverse at higher-and better prices then the better for sellers. Remember, the weekly chart is bearish and we therefore take shorts only.

CLOSE ABOVE $290 INVALIDATES LTC BEAR FORECAST

close above $290 important for LTC bulls
LTCUSD 4HR Chart for January 3, 2018

Trading LTC in the short term is simple. Besides the recovery, there is a 3-bar morning star reversal pattern in the daily chart.

The weekly chart on the other signals a sell. Now, this is the thing, if prices surge past $290 today or even tomorrow then we cancel our sell projection. Simple as that!

All charts courtesy of Trading View

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WELL, global healthcare blockchain platform, launches Crowdsale

According to World Bank and World Health Organization, half of the world lacks access to essential health services and 100 million people are pushed into extreme poverty because of health expenses. It is often difficult to get access to healthcare while traveling abroad. It is always a difficult and tedious process to get an accurate patient … Continue reading WELL, global healthcare blockchain platform, launches Crowdsale

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According to World Bank and World Health Organization, half of the world lacks access to essential health services and 100 million people are pushed into extreme poverty because of health expenses. It is often difficult to get access to healthcare while traveling abroad. It is always a difficult and tedious process to get an accurate patient history. Medical research takes a painfully long time to make it through the approval process and into actual practice in hospitals. The healthcare system as a whole is out of date in many regards. WELL, a HIPAA compliant virtual-care platform, came up with a solution built using blockchain technology.

You can join the project and take part in the Crowdsale.

Los Angeles, California, January 3, 2018WELL, a healthcare blockchain platform, announced today the launch of their highly-anticipated token sale and Whitelist.

WELL is building the global, decentralized, blockchain-based marketplace for healthcare. WELL is globalizing healthcare and eliminating country borders to directly connect healthcare specialists and patients worldwide. With a working product already in place and a number of great partnerships already formed, WELL is preparing to grow and develop their business.

WELL is already working profitable business. By 2017 it had the largest therapist network in California. To date, WELL has conducted 22,916 consults- this is mixture of Post Acute, Wellness Visits, Clinics and Pilots.

Now the project is creating a token of on-demand healthcare that solves the current problems of cross-border payments, data accessibility and payment risk, all while allowing the areas with the world’s highest quality of healthcare to serve the patients globally.

“WELL is a HIPAA compliant virtual care platform, encompassing telemedicine, biometric devices and telemonitoring to engage and manage patients and at-risk populations. WELL has built-in secure messaging and their own private clinical network composed of over 1,600 providers covering 49 states in the U.S. and some of the world. We’re planning to spend funds raised during the crowdsale for the development of our own blockchain and distribution of WELL platform all over the world,” said Ildar Fazulyanov, founder of WELL.

WELL co-founder, Alex Prokhorov adds: “By lowering the barrier of contacting a physician, WELL both saves substantial healthcare costs as well as encourages patients to visit the local emergency department when appropriate. By modern standards, the blockchain is more private and liquid, costs less to administer and also provides a real-time, lifesaving flow of medical data.”

The token sale for WELL will open to the public at 5:00 P.M. (PST) on Thursday, February 25th, 2018 and will complete when either the hard cap of $28,000,000 has been reached or at 5:00 P.M. (PST) on Tuesday, May 15th, 2018.

The soft cap of the project’s crowdsale is $3,000,000 and has been already raised.

WELL tokens are valued at $0.10 USD. Participants can purchase their tokens using 90 types of cryptocurrency, such as ETH, BTC, BTH, LTC, and fiat.

Before the Crowdsale, potential investors can subscribe to join the Whitelist and receive a 40% bonus in WELL tokens. The Whitelist for WELL will open to the public at Wednesday, January 3rd, 2018 and will close on Thursday, February 25th, 2018.

 

About WELL

Ildar Fazulyanov started WELL in April 2015, driven by his inability to access timely healthcare. After breaking his leg in a snowboarding accident, he had surgery, and after discharge, required physical therapy and rehabilitation, like many patients do. This incident inspired him to create WELL.

WELL was incorporated in Delaware as Well, Inc. C Corporation on June 4, 2015.

WELL works with the following companies: Medicare; myMatrixx®; Optum; Century Pacific Medical, Inc. WELL also works with Medi-Cal, Veteran Affairs, Tricare, Medicare Advantage, several HMO/PPO plans, Self-Pay/Private Pay, dozens of hospitals as well as Assisted Living Facilities, Hospices and over two hundred home healthcare agencies.

Importantly, today WELL clinicians speak many languages including: English, Spanish, Chinese, Tagalog, Korean, Armenian, Vietnamese, Farsi, Japanese, Russian, Hebrew and others.

Find out more about WELL by watching the video.

Also for more information you can read the company’s white paper.

To find out more about the token sale and how to participate, visit our Medium blog.

For media inquiries, please contact: [email protected].

 

Links:

BitcoinTalk announcement link

Twitter

Facebook

Linkedin

Telegram group

Youtube intro video link

Youtube channel link

Instagram

Reddit

Steemit

Contact Email Address

 

 

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