Archive | June 6, 2018

Coinbase Set to Clear US Regulatory Hurdles

Coinbase has announced they are getting legit with the US government and all of its regulatory agencies with the recent acquisition of Keystone Capital. Coinbase is Moving Towards Regulatory Legitimacy San Fransico based cryptocurrency exchange Coinbase posted on their blog today that they are on track to become a regulated broker-dealer pending approval by US federal… […]

CFTC Commissioner: Crypto Will ‘Proliferate To Every Economy’

Rostin Benham, a commissioner at the United States Commodity Futures Trading Commission (CFTC), stated that “cryptocurrencies will proliferate to every economy and every part of the planet”, calling crypto a “modern miracle”. He believed blockchain had the potential to address the world’s most pressing problems like poverty, corruption, food, and healthcare. He made these comments […]

Ripple Price Analysis: XRP/USD Poised To Break $0.70

Key Highlights Ripple price made a nice upside move from the $0.6500 pivot level against the US dollar. There is a crucial ascending channel forming with support near $0.6650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely in an uptrend and it could continue to move… […]

Giant Investment Firm Susquehanna Begins Offering Crypto Trading

Susquehanna International Group based just outside of Philadelphia, Pennsylvania is one of the largest investment firms in the world, and now is opening up cryptocurrency trading and investments to a small group of 500 clients. It is are looking to expand its cryptocurrency operations to many more clients if all goes well. The head of Susquehanna’s […]

Ethereum Parity Full Nodes Suffer from Another Critical Issue

On June 6 the company Parity Technologies, the firm that maintains the Ethereum Parity full node client, issued a mandatory update for individuals and businesses who use the Parity software. According to the latest security alert, the client versions, 1.10.6-stable and 1.11.1-beta, had a consensus issue with the public test network Ropsten that could possibly […]

Ethereum Price Analysis: ETH/USD Eyeing Upside Break

Key Highlights ETH price remained in a positive zone and dips near $590 were well supported against the US Dollar. There is a key bullish trend line in place with support at $602 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break the $614 resistance for a sustained… […]

Bitcoin (BTC) Price Watch: Bulls Defending Channel Support

Bitcoin Price Key Highlights Bitcoin price is still safely inside its ascending channel after another test of support. This signals that bulls continue to defend the bottom and that the uptrend could stay intact. Technical indicators, however, show mixed signals as the moving averages are bullish while oscillators suggest another drop. Bitcoin price has resumed… […]

Asian Cryptocurrency Trading Roundup: NEM and Aeternity Flying on Bithumb Listings

FOMO Moments Current performing altcoins are Nem, Aeternity, Ontology, Zilliqa and Siacoin. Indecision has kept markets sideways for another day and no real momentum can be measured in either direction at the moment. Total market cap has crept up marginally but has still not surpassed $350 billion. Bitcoin remains lulling around the $7,700 level, unable… […]

Bitcoin Cash Price Analysis: BCH/USD Gaining Upside Momentum

Key Points Bitcoin cash price is gaining pace and it broke the $1,150 resistance against the US Dollar. There is a connecting bullish trend line forming with support near $1,120 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to trade high as long as it is above… […]

CEOs Give Massive Thumbs Down to Google’s Crypto Ban

Many finance industry executives have voiced their opinions on the recent decision by Google, following Facebook’s similar move, to ban cryptocurrency advertising. In March 2018, Google issued a statement announcing that cryptocurrency-focused promotional content would no longer be allowed on all of its platforms. According to the statement, the ban covers adverts for ICOs, exchange […]