TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Crypto Technicals: BTG/USD upside pauses shy of 61.8% Fib, extends consolidation above 1H 110-EMA
BTG/USD chart - Trading View Exchange - Binance Support: 19.15 (21-EMA); Resistance: 25.74 (61.8% Fib) Technical Analysis: Bias Bullish BTG/USD retraces from above 25 hit on May 12th, bias still bullish. The pair has …
· Investing
- US House of Representatives launches fintech and AI task forces
The US House of Representatives has announced the launch of two task forces – one focused on financial technology (fintech) and the other on artificial intelligence (AI).
· Technology
- Crypto Technicals: ETH/USD struggles at channel top, spinning top and bearish divergence suggest consolidation
ETH/USD chart - Trading View Exchange - Coinbase Support: 182 (5-DMA); Resistance: 208 (Channel top) Technical Analysis: Bias Bullish ETH/USD has paused upside at channel top resistance. Technical bias for the pair re…
· Investing
- GE Aviation, Microsoft develop supply chain blockchain for aircraft parts
GE Aviation, a subsidiary of General Electric, has developed a supply chain blockchain using Microsoft Azure, CoinDesk reported.
· Technology
- Crypto Technicals: BTC/USD correction from 10-month highs finds support at 1H 55-EMA, break below to see dip till 6600
BTC/USD chart - Trading View Exchange - Coinbase Support: 5950 (21-EMA); Resistance: 7777 (June 2018 high) Technical Analysis: Bias Bullish BTC/USD corrects lower from 10-month highs at 7581 hit on May 12th trade. The…
· Investing
- Crypto exchange Binance seeks to resume deposits and withdrawals on May 14
Cryptocurrency exchange Binance is aiming to resume deposits and withdrawals on Tuesday, May 14, founder and CEO Changpeng Zhao said in an online post.
· Business
- Crypto payments startup UTRUST obtains Swiss regulatory approval
UTRUST, a Switzerland-based cryptocurrency payment solution, has announced that it has been approved to join the Financial Services Standards Association (VQF).
· Business
- US Senators ask Mark Zuckerberg to share details on crypto project
The buzz around Facebook’s secret cryptocurrency projects seems to have reached the U.S. authorities.
· Business
- HTC to release low-cost blockchain smartphone capable of running a full bitcoin node
Taiwanese smartphone maker HTC has unveiled a new lost-cost version of its blockchain smartphone at the Magical Crypto Conference in New York on Saturday, CoinDesk reported.
· Business
- Crypto wallet Curv secures $50M insurance coverage from Munich Re
Digital asset wallet firm Curv has announced that it has entered into an insurance partnership with reinsurance giant Munich Re.
· Business
- Digital Currency and Blockchain Weekly Round-Up – May 10th, 2019
World Economic Forum teams up with over 100 organisations on blockchain-based supply chain initiative The World Economic Forum, a Switzerland-based non-profit organization that aims to improve the state of the world, …
· Technology
- Crypto Technicals: XMR/USD bounces off 55-EMA support, 'Golden Cross' keeps scope for upside
XMR/USD chart - Trading View Exchange - Binance Support: 64.10 (55-EMA); Resistance: 73 (Upper BB) Technical Analysis: Bias Neutral - XMR/USD edges higher on the day, trades 3.58% higher at 68.53 at 11:00 GMT - The pa…
· Investing
- Binance to revamp security measures following hack, collaborates with other exchanges and blockchain analytics firms
In an update to the recent security breach, Binance founder and CEO Changpeng Zhao said that the exchange is going to significantly revamp some of its security measures, procedures, and practices.
· Business
- Crypto Technicals: LTC/USD surge pauses at 78 (trendline), break above to accentuate gains
LTC/USD chart - Trading View Exchange - Coinbase Support: 70.68 (55-EMA); Resistance: 78 (Trendline) LTC/USD saw a flash surge in the Asian session today, hit 77.94 before paring gains. The pair paused gains shy of st…
· Investing
- FinCEN issues new guidance on convertible virtual currencies
The Financial Crimes Enforcement Network (FinCEN) has issued guidance on cryptocurrencies in order to provide regulatory certainty for businesses and individuals.
· Regulation
- Crypto exchange Poloniex resumes operations in Washington State with new license
Circle-owned cryptocurrency exchange Poloniex has reopened its trading platform for residents of the U.S. state of Washington.
· Business
- Crypto Technicals: ETH/USD holds cloud support, poised for test of 195 mark
ETH/USD chart - Trading View Exchange - Coinbase Support: 170.31 (5-DMA); Resistance: 180 (Trendline) Technical Analysis: Bias Bullish - ETH/USD extends gains, poised for test of 195 mark - The pair has found strong s…
· Investing
- Blockchain travel startup Travala.com teams up with Litecoin Foundation
Blockchain-based hotel booking platform Travala.com has entered into a partnership with Litecoin Foundation to accelerate the use of cryptocurrency payments.
· Business
- Dubai Future Foundation forms Future Council for Blockchain with government and international entities
The Dubai Future Foundation (DFF) has formed the “Dubai Future Council for Blockchain” in order to foster blockchain implementation in various sectors.
· Technology
- Nordea launches blockchain-based we.trade platform for SMEs
European financial services giant Nordea has announced that it is launching blockchain-based we.trade platform for its small and middle-sized business customers (SMEs).
· Technology
- Abra adds new features to simplify crypto buying, selling, spending and withdrawals
Global investment app Abra has announced new features that will make it easier for users to buy and sell crypto assets.
· Investing
- Crypto Technicals: 'Golden Cross' confirmed on BTG/USD, scope for gains till 61.8% Fib (25.74)
BTG/USD chart - Trading View Exchange - Binance Support: 19.82 (5-DMA); Resistance: 21.50 (Trendline) Technical Analysis: Bias Bullish - Bitcoin Gold pauses upside at 22 handle, retraces below trendline resistance at …
· Investing
- India likely to be the first country to test Facebook’s crypto token: Report
Facebook could make an official announcement on its super-secretive cryptocurrency project in the next quarter, sources familiar with the matter told Bloomberg.
· Business
- Government of Liechtenstein adopts Report and Motion on Blockchain Act
The government of Liechtenstein has adopted the Report and Motion on the “Blockchain Act” that aims to create a legal basis for the innovative technology.
· Regulation
- Crypto Technicals: LTC/USD extends sideways above 55-EMA (70.50), bias neutral
LTC/USD chart - Trading View Exchange - Coinbase Support: 70.50 (55-EMA); Resistance: 79 (Trendline) Technical Analysis: Bias Neutral - LTC/USD extends sideways grind, finds strong support at 55-EMA and daily cloud - …
· Investing
- Facebook to allow blockchain ads without prior approval
Facebook has announced that it has updated its policy to allow ads related to blockchain technology, industry news, education or events related to cryptocurrency without prior approval.
· Business
- Crypto Technicals: Bitcoin bulls in-charge, breaks above $6000 mark, next bull target 6500?
BTC/USD chart - Trading View Exchange - Coinbase Support: 5828 (5-DMA); Resistance: 6500 (trendline) Technical Analysis: Bias Bullish - BTC/USD has spiked past the 6000 mark on Coinbase, bias bullish - The pair has hi…
· Investing
- Galaxy Digital, Ripple and others mull establishing industry standards for crypto space
Some of the biggest crypto firms met in Chicago this week with the objective of keeping a check on con artists and criminals flocking to the crypto space, Bloomberg reported.
· Regulation
- Subsidiaries of energy majors Saudi Aramco and Equinor back blockchain startup Data Gumbo
Data Gumbo Corp., a U.S.-based blockchain startup, has raised $6 million in a Series A equity funding round co-led by Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventur…
· Business
- Samsung SDS includes blockchain technology in Digital Transformation Framework
Samsung SDS, the IT subsidiary of Samsung, is planning to include blockchain technology in its enterprise solution packages, CoinDesk reported.
· Technology
- Former Coinbase executive joins Bitstamp to lead New York office
Leading cryptocurrency exchange Bitstamp has announced that it has hired former Coinbase executive Hunter Merghart is joining the company as Head of U.S. Operations.
· People
- Three blockchain-based services to be tested in South Korea’s FSC’s regulatory sandbox
South Korea’s Financial Services Commission (FSC) has announced nine additional financial services that have been approved to be tested in the financial regulatory sandbox.
· Technology
- Austria’s Raiffeisen Bank International joins blockchain trade finance network Marco Polo
Austrian banking giant Raiffeisen Bank International (RBI) has joined Marco Polo, a trade finance network on R3’s Corda blockchain platform.
· Technology
- Singaporean crypto exchange Zebpay expands to Australia
Singapore-based cryptocurrency exchange Zebpay has expanded its international presence with the opening of a new office in Melbourne, Australia.
· Business
- Blockchain trade finance initiative Voltron completes trial with 50 banks and corporates
Voltron, a blockchain-based trade finance initiative, recently completed trials involving the simulation of multiple digital Letter of Credit transactions with more than 50 banks and corporates, Finextra reported.
· Technology
- Cryptocurrency-related scam enquiries jump 14000% since 2016, says French regulator AMF
The Autorité des Marchés Financiers (AMF), the French stock markets regulator, has seen more than 14,000% spike in enquiries related to cryptocurrency scams in 2018 as compared to 2016, Cointelegraph reported.
· Insights & Views
- Former Worldpay executive joins crypto startup BitPay as Chief Financial Officer
Crypto payments processor BitPay has announced the appointment of Glen Braganza as its Chief Financial Officer.
· People
- TRON partners with crypto lending startup Cred
Crypto lending startup Cred has partnered with leading blockchain-based platform TRON to allow TRX holders to earn up to 10% annual interest.
· Business
- Crypto exchange Binance loses 7000 BTC to hackers in hot wallet breach
Leading cryptocurrency exchange Binance suffered a major hack on Tuesday, May 07, in which it lost 7000 BTC, worth around $40 million, to hackers.
· Business
- Microsoft rolls out Azure Blockchain Development Kit for Ethereum Blockchain
Tech giant Microsoft has released the new Azure Blockchain Development Kit for the Ethereum blockchain.
· Technology