(Refer BTC/USD chart on Trading View) BTC/USD plunged to 6835 levels on Monday before closing just above 50-DMA at 6936 levels (Bitstamp). The pair is currently trading at 7033 levels at the time of writing. On the to…
Australian bitcoin startup CoinJar has announced the country’s first index-style cryptocurrency fund for wholesale investors. In an online post dated August 2, CoinJar introduced the CoinJar Digital Currency Fund, whi…
American online retail giant Overstock.com's blockchain subsidiary tZERO has closed its Security Token Offering (STO) on August 6, 2018. tZERO commenced the token sale late last year, seeking to raise $250 million. It…
Bitcoin mining giant Bitmain Technologies has announced its expansion to Texas with its new blockchain data center and cryptocurrency mining facility. The new blockchain data center will be located in the city of Rock…
Crypto exchange Coinbase has announced the appointment of Tim Wagner as the new Vice President of Engineering. Wagner will bring his extensive experience with leading great technical organizations to Coinbase. He is j…
Leading bitcoin ATM operator Coinsource has surpassed the 200 machine milestone with the addition of 17 new machines in Florida. With five machines already installed in Jacksonville, Coinsource said it is expanding it…
US Treasury department proposes regulatory sandbox to foster fintech innovation The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landsc…
ETH/USD briefly broke below 400 levels on Friday and hit 395 levels. The pair is currently trading at 409 levels on the daily chart with a butterfly doji formation at the time of writing. On the upside, the pair faces…
Bitcoin, a digital currency which was created as an alternative to the traditional financial system when the major economies sank into financial crisis in 2008, has had a long journey. The cryptocurrency particularly …
Neufund, a blockchain-based equity fundraising platform, is teaming up with European cryptocurrency exchange BitBay to allow investors to buy and sell equity tokens with fiat currencies. The announcement follows Neufu…
BTC/USD is trading lower on Friday as it broke below 90-EMA. The pair is currently trying to hold 55-EMA support and trading at 7324 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 7470…
Boerse Stuttgart, the second largest stock exchange in Germany, has announced its plans to offer central services along the value chain for digital assets under one roof. The company on Thursday announced an end-to-en…
South Korea’s Financial Supervisory Service (FSS) is encouraging domestic companies and regulatory authorities to collaborate on developing an integrated blockchain platform for stock trading, Korea Joongang Daily rep…
Decentralized payments platform Logos Network has announced that it has raised $3 million in a seed funding round through its Logos US Fund. The funding round saw participation from ZhenFund, Digital Currency Group, I…
Italian financial services giant UniCredit has successfully completed its first international transaction via blockchain-based trading platform we.trade. UniCredit is one of the founding members of we.trade – an initi…
The pair failed to hold above the trend line joining 360 and 404.22 and is currently trading at 413 levels (Coinbase). The pair’s upside is capped by 437 (5-DMA) and a break above would target 450 (trend line joining …
Prysm Group, a blockchain economics and governance design firm led by PhD-level economists, has appointed two renowned economists to its recently launched Board of Senior Advisors. Harvard Professor Oliver Hart and Dr…
Cryptocurrency exchange Coinbase has enabled deposits and withdrawals in the British pound (GBP), the company announced on Thursday. Coinbase U.K. chief executive Zeeshan Feroz made the announcement in an online post.…
IHS Markit, a leading provider of critical information, analytics and solutions, has estimated that global blockchain business value to increase from $2.5 billion in 2017 to $2.0 trillion in 2030. Blockchain business …
Japanese financial services giant SBI Holdings is making efforts to create a cryptocurrency derivatives trading platform for institutional investors, a recent report from Nikkei Asian Review has revealed. SBI Crypto I…
BTC/USD is consolidating in a narrow range on Thursday after it found support at 90-EMA (Bitstamp). The pair is currently trading at 7644 levels at the time of writing. On the topside, the pair faces immediate resista…
The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landscape to better support nonbank financial institutions, embrace financial technolo…
In an article published earlier this week, Bloomberg said that blockchain-based projects may be suffering a slowdown. The article referred to a recent report from Forrester Research that estimated that in 90 percent o…
The government of Australian state of Queensland has announced a grant to a cryptocurrency startup TravelbyBit. TravelbyBit, a digital currency payments platform for the travel and tourism industry, is one of 70 compa…
Blockchain startup Everex has entered into a partnership with Myanmar’s Shwe Urban & Rural Development Bank to facilitate blockchain-powered digital remittance services between Myanmar and Thailand. Back in 2016, the …
Medici Land Governance (MLG), a blockchain-based property rights subsidiary of e-commerce giant Overstock.com, has signed a Memorandum of Understanding (MOU) with the government of Zambia to develop a program for syst…
ETH/USD plunged to 412 levels as it breached trend line support joining 360 and 404.22. The pair is down nearly 12 percent so far this week and is currently trading at 420 levels at the time of writing (Coinbase). On …
EY has revealed the details of its collaboration with the City of Vienna that seeks to leverage blockchain technology to simplify and automate administrative processes. The company said that it has been working with t…
Investment banking giant Morgan Stanley has hired former Credit Suisse crypto expert Andrew Peel as its head of digital asset markets, Finance Magnates reported referring to Peel’s LinkedIn profile. Peel, who has been…
The National Football League Players Association (NFLPA) has acquired a minority stake in SportsCastr, a live-streaming platform that allows anyone to become a color commentator. The minority stake has been acquired t…
BTC/USD briefly fell below 7500 levels on Wednesday as it broke below 10-DMA support (Bitstamp). The pair is over 10 percent down since it hit near 8300 levels and is currently trading at 7537 levels. According to Reu…
Blockchain startup Ripple has announced Bill Clinton, the 42nd President of the United States, as the keynote speaker for Swell, a conference bringing together world’s leaders in policy, payments and technology. To be…
Financial services company Northern Trust has reportedly begun opening its fund administration services to cryptocurrency hedge funds, while integrating blockchain technology to its private equity business. Speaking w…
eMusic, an Israeli digital music store, is seeking to raise $70 million to build a blockchain-based music distribution and royalty management platform, Reuters reported. The company aims to leverage Ethereum blockchai…
Binance, the second largest cryptocurrency exchange in terms of 24-hour trading volume, has acquired Trust Wallet, a secure and intuitive mobile wallet. Founded in 2017, Trust Wallet is an open source, decentralized a…
ETH/USD is trading deep in the red on Tuesday as it broke below the trend line joining 404.22 and 441. It is currently trading at 434 levels at the time of writing (Coinbase). On the upside, the pair faces stiff trend…
Thomson Reuters, the leading mass media and information firm, has partnered with cryptocurrency market data aggregator CryptoCompare to supply cryptocurrency data for 50 coins into its financial desktop platform Eikon…
Cryptocurrency marketplace DCEX has announced that registrations are now open for the first digital currency exchange that will utilize XRP as its exclusive base currency. Powered by AlphaPoint blockchain technology, …
The Agricultural Bank of China (ABC), one of the “Big Four” banks in the People’s Republic of China, has used blockchain technology for the issuance of a loan worth 2 million yuan (approximately $300,000), CoinDesk re…
Litecoin creator Charlie Lee on Sunday announced that he is joining the team behind the HTC’s upcoming blockchain smartphone “Exodus” as an advisor, while confirming that the new phone will support LTC and Lightning N…
