Archive | June 18, 2018

Kyle Samani: Crypto Custodianship Will Release “Big Wave of Capital”

Kyle Samani, hedge fund manager at Multicoin Capital, says the final barrier stopping institutional investment was proper cryptocurrency custodianship, and over the next year investors will recognize that this barrier has finally been broken down, leading to a huge release of capital into the cryptocurrency markets. Properly licensed and regulated cryptocurrency custodianship is essential for […]

PR: Bankera’s BNK Token to be Listed on HitBTC

Bitcoin Press Release: Blockchain-based digital bank project Bankera has announced that BNK tokens will be listed on the popular cryptocurrency exchange, HitBTC, starting on Monday, June 4th. The trading itself is expected to commence near 5 p.m. UTC. 6th of June 2018, Tortola – This event was long-awaited after Bankera, has completed a record-breaking token […]

Central bankers claim bitcoin could break the internet — the crypto world thinks they’re missing the point – Business Insider

Business InsiderCentral bankers claim bitcoin could break the internet — the crypto world thinks they’re missing the pointBusiness InsiderThe BIS, which is often dubbed the central bank of central banks, released a chapter from its upcoming annual report on Sunday dismissing bitcoin as “a poor substitute for the solid institutional backing of money.” “Trust can […]

Exec Branch Employees Must Disclose Crypto Holdings, Says US Ethics Office

The United States Office of Government Ethics (OGE) released new guidelines on 18 June 2018 which requires Executive Branch employees to report their cryptocurrency holdings. These guidelines are being issued since cryptocurrency activity has experienced a major surge recently, and employees have been questioning ethics officials concerning their obligations to report cryptocurrency use. The OGE […]

Ripple Price Analysis: XRP/USD Poised to Extend Gains

Key Highlights Ripple price formed a major low near the $0.5100 level and bounced back against the US dollar. Yesterday’s important bearish trend line was broken with resistance near $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair tested the $0.5500 resistance zone and is currently correcting lower. Ripple… […]

Cryptocurrency Market Update: Ontology (ONT) Price Profits from New Partnership

FOMO Moments Current performing altcoins are Ontology, Tron, Ethereum Classic, and Icon. The bears were caught napping and a small, but possibly short-lived, bounce occurred in the crypto markets a few hours ago. In what appears to be a single whale transaction, Bitcoin shot up $300 in a matter of minutes at 23.30 UTC. The… […]

Ethereum Price Analysis: ETH/USD Broke Key Resistance

Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $500 level and the 100… […]

Bitcoin Cash Price Analysis: BCH/USD May Overtake $900

Key Points Bitcoin cash price bounced back sharply from the $825 support area against the US Dollar. Yesterday’s highlighted key bearish trend line with resistance at $840 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading just below the $900-910 resistance, and it may soon… […]

Cardano (ADA) Price Watch: Ready to Reverse from the Drop?

Cardano Price Key Highlights Cardano is still in its descending channel but might be gaining traction off the bounce. Applying the Fib tool shows the next potential resistance levels that could keep gains in check. Technical signals are looking mixed, with oscillators suggesting further gains in the cards. Cardano appears to be gaining some traction… […]

One Mathematician’s Mission to Boost Bitcoin’s Privacy (And Soon) – Coindesk

CoindeskOne Mathematician’s Mission to Boost Bitcoin’s Privacy (And Soon)CoindeskTo this end, Poelstra has been tinkering away, formulating mathematical equations and writing code, to hide bitcoin’s “trails.” Trails being the traces of personal information – who you are, what you buy, for how much – that can be gleaned when …

Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

Bitcoin Price Key Highlights Bitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure. Price has yet to bust through several upside hurdles to confirm that buyers are in control. Technical indicators are mostly suggesting that the drop could still resume. Bitcoin price made a short-term upside break but still… […]