Archive | blockchain

Bitcoin Cash Price Technical Analysis – BCH/USD To Make Next Move

Key Points Bitcoin cash price is trading above the $1,500 support and is preparing for the next move against the US Dollar. There is a short-term contracting triangle forming with resistance at $1,540 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is likely to break the triangle resistance at $1,540 and […]

Korona: Hungary’s Very Own Cryptocurrency

Europe’s newest digital currency, the Korona, which runs on the Lightning Network and is being touted as more stable, safer, and cheaper to use than its competitors, was launched in Budapest, Hungary on February 15th. Korona’s ICO is scheduled for March 26th, and the token will be immediately available for payments and transfers.  According to a […]

Future Skills: Indian PM Announces Education Platform for Blockchain Technology

The Prime Minister of India, Narendra Modi, announced today the formation of a platform aiming to provide education on various cutting-edge technologies. The initiative will be known as Future Skills. Future Skills Platform to Focus on Blockchain Technology The platform was announced today at the World Congress on Information Technology 2018 (WCIT). The event was attended […]

Omise and ETDA Sign MoU to Improve Thailand’s Digital ID Program

Omise, the popular blockchain-oriented company, recently signed a Memorandum of understanding with ETDA. This Thai government agency will collaborate with Omise on building a national eKYC portal. It is the first venture of its kind to become available in Thailand. Both entities will focus on exchanging information, experience, and technical information. This MoU was signed […]

UBIK Becomes Croatia’s Self-regulating Body for Blockchain and Cryptocurrency

Self-regulation in the blockchain and cryptocurrency industry is becoming the new norm. In Croatia, there is now a self-regulating body known as UBIK. This venture will also work toward regulating this nascent industry in the coming years. UBIK Aims to Legitimize Cryptocurrency Croatia is not a country most people associate with blockchain and cryptocurrency. To […]

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Short-term Support

Key Points Bitcoin cash price after a nice upside move found sellers near the $1,600 level against the US Dollar. There was a break below a short-term bullish trend line with support at $1,520 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is currently holding the $1,400 support, but it may […]

A Beginner’s Guide to Counterparty

While many cryptocurrencies exist as competitors to or as evolutions of the Bitcoin protocol, there are other initiatives that instead seek to cooperate and bolster the pioneer blockchain. Perhaps the oldest and most profound of these projects is Counterparty, an asset layer created directly on the Bitcoin blockchain. What is Counterparty? Counterparty (XCP) is a […]

What Is SophiaTX?

Finding the right use cases in the blockchain industry can prove to be a challenging venture. A lot of these efforts focus on financial solutions, even though distributed ledgers can make a big impact in virtually all other areas. SophiaTX aims to bridge the gap between blockchain and other business models. This new platform offers […]

Bitcoin Price Weekly Analysis – BTC/USD Eyeing Further Gains

Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to rise and the next major resistances are […]

Bitcoin Cash Price Weekly Analysis – Can BCH/USD Continue Higher?

Key Points Bitcoin cash price gained heavily this past week and moved above $1,400 against the US Dollar. There is a crucial bullish trend line forming with support at $1,480 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair may decline a few points in the short term, but it […]