Archive | August 8, 2018

Yale Research: Minimum 6% Bitcoin for Investment Portfolios

Yale University has published a study recommending investment portfolios be made up of at least 6% Bitcoin. The research paper, published by economics professor Aleh Tsyvinski and entitled ‘Risks and Returns of Cryptocurrencies’, acknowledges that not everybody may be a huge believer in Bitcoin. For those less crypto-enthusiastic, he recommends holding just 4%. Even the biggest […]

15,000 Twitter Crypto Scam Giveaway Bots: Duo Security

This week, researchers uncovered empirical data confirming what most in the crypto Twittersphere already know – the space if flooded with scam bots: 15,000 of them to be exact, according to Duo Security. Also read: Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup Researchers Find 15K Twitter Crypto Scam Giveaway […]

Ripple Price Analysis: XRP/USD Correcting Higher Towards $0.3650

Key Highlights Ripple price fell further and traded below the $0.3300 level before starting a recovery against the US dollar. There was a break above a short-term bearish trend line with resistance at $0.3350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps correct further higher towards the… […]

Bettergram — A Crypto-Focused Telegram Alternative

“Bettergram… isn’t it named Telegram?” Was the first thought that popped into my mind as I saw a tweet bringing attention to a newfangled messaging application. But don’t get me wrong, Bettergram is so much more than just a medium of communication aimed at crypto enthusiasts, or at least in my eyes it is. Telegram… […]

Ethereum Price Analysis: ETH/USD Could Correct To $375-380

Key Highlights ETH price declined heavily and broke the $375 and $360 support levels against the US Dollar. There is a short-term declining channel formed with resistance near the $362 level on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher in the short term towards the $370, $375 and… […]

South Korea Blockchain Association Presses for Regulation Efforts

The South Korean Blockchain Enterprise Promotion Association (BEPA) is demanding for the government to speed up blockchain and cryptocurrency adoption and regulation efforts. Time for urgency A report from a local news outlet, Korea Joongang Daily, has said that the association filed this demand to curb the government’s focus on “negative short-term side effects” and instead […]

Bitcoin (BTC) Price Watch: Can More Bears Join In?

Bitcoin Price Key Highlights Bitcoin price is still heading lower as it trades below a descending trend line on the 1-hour chart. Price looks prime for a pullback as it hovers above the $6,100 area, and bears might be waiting at the trend line. Applying the Fibonacci retracement tool also shows where sellers might jump… […]

Bitcoin (BTC) Price Watch: Can More Bears Join In? – newsBTC

newsBTCBitcoin (BTC) Price Watch: Can More Bears Join In?newsBTCBitcoin price is trending steadily lower below a descending trend line and might be ready to make a correction soon. Technical Indicators Signals. The 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is to the …Bitcoin Loses $7,000 Support […]

Bitcoin Cash Price Analysis: BCH/USD Remains Sell on Rallies

Key Points Bitcoin cash price fell significantly and broke the $600 support against the US Dollar. There is a new contracting triangle forming with resistance near $608 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to resume its downside move once the current correction is complete near… […]

“Time Traveler” Millionaire Investor Plans Australia’s First Crypto Bank

An Australian crypto enthusiast has set plans in motion to open his own crypto bank. Fred Schebesta has decided on a radical scheme in order to circumnavigate restrictive regulations by Australian banks towards anything cryptocurrency-related by opening his own bank and doing what he needs to get a share in an established bank. The West […]

Crowd Genie to revolutionize the lending business

August 9, Singapore: Crowd Genie Financial Services Pte. Ltd., a company providing innovative lending products and services, licensed by the Monetary Authority of Singapore, has undertaken a strategic initiative aimed at design and delivery of a modern lending and asset exchange platform that is powered by the blockchain technology. The platform will elevate the lending/borrowing […]