TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- FxWirePro: BTC/USD likely to test 10-DMA resistance, break above 6500 to see minor bullishness
(Refer BTC/USD chart on Trading View) BTC/USD closed at 6193 levels on Tuesday after hitting a low of 5880 levels, forming a hammer pattern. The pair is currently trading at 6367 levels at the time of writing with its…
· Investing
- Ethereum is the most popular cryptocurrency with phishers: Kaspersky
Kaspersky Lab has estimated that cybercriminals pocketed more than $2.3 million from cryptocurrency scams from April to Jun 2018. In its ‘Spam and Phishing in Q2 2018’ report, the company said that malefactors activel…
· Insights & Views
- Jamaica Stock Exchange seeks to enable cryptocurrency trading
The Jamaica Stock Exchange (JSE) is seeking to enable cryptocurrency trading for investors. To achieve this, the JSE has selected Canadian fintech company Blockstation and signed a Memorandum of Understanding (MOU) to…
· Business
- Crypto wallet Edge adds support for Tether, Digibyte, Vertcoin, and Bitcoin Gold
Cryptocurrency wallet Edge has announced that it has added support for ERC20 Tether, Digibyte, Vertcoin, and Bitcoin Gold with the release of its latest version. In June, Edge announced that it became the first multi-…
· Business
- Cryptocurrency exchange Huobi launches institutional trading
Huobi Group, a blockchain asset financial solutions provider, has announced the launch of Institutional Trading. With this, the company is offering professional account benefits to a limited group of users. For the fi…
· Business
- Goldman Sachs, Nyca Partners lead $32M Series B investment round in blockchain firm Axoni
Blockchain startup Axoni has raised $32 million in a Series B financing round led by Goldman Sachs and Nyca Partners. The round also saw participation from Andreessen Horowitz, Citi, Coatue Management, Digital Currenc…
· Business
- Saudi Arabia declares bitcoin trading illegal
Saudi Arabia has officially declared that trading in digital currencies such as bitcoin is illegal in the country. A standing committee comprising of Saudi Arabian regulators this stated that “the unauthorized virtual…
· Regulation
- Crypto Currency Brief: Major crypto pairs plunge to multi-month lows on generic pessimism, Jamaica Stock Exchange announces crypto asset trading in 2018 – Tuesday, August 14th, 2018
BTC/USD: Bitcoin achieved new lows during late European session Tuesday, falling to 1-1/2 month low and breaching the $6,000 mark amid renewed sell-off for reasons quite unknown. Last week, the United States SEC had a…
· Investing
- Vietnamese firms and individuals stop importing cryptocurrency mining equipment
The HCM City Customs Department has said that domestic businesses and individuals have stopped importing bitcoin mining equipment since the beginning of July, Viet Nam News reported. Last month, reports suggested that…
· Regulation
- Blockchain supply chain startup Sweetbridge joins Accord Project
Blockchain supply chain startup Sweetbridge has joined the Accord Project, an initiative for smart legal contracts. Launched in July 2017, the Accord Project provides a standard specification and framework for the imp…
· Technology
- identitii becomes second blockchain company to launch IPO on ASX
identitii, an Australian digital-ID management startup, has become the second blockchain company to launch initial public offering (IPO) on the Australian Stock Exchange (ASX), StockHead reported. The company is seeki…
· Business
- FxWirePro: ETH/USD hits fresh 2018 low with breach of 300 support, bias remains bearish
(Refer ETH/USD chart on Trading View) ETH/USD broke below 300 levels for the first time in 2018 as it hit a low of 250 levels. The pair is down by over 82 percent so far this year. It is currently trading at 260 level…
· Investing
- Centrale Bank van Curaçao en Sint Maarten, Bitt sign MOU to explore central bank digital currency
Barbados-based blockchain startup Bitt has signed a Memorandum of Understanding (MOU) with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to explore the possibility of issuing central bank-issued digital currenc…
· Technology
- South Korea to raise investment in big data, blockchain and sharing economy to over 1 trillion won in 2019
The South Korean government has announced its big investment plans for blockchain and other cutting-edge technologies in 2019. On August 13, the government unveiled its ‘growth through innovation’ investment plan for …
· Technology
- FxWirePro: BTC/USD struggles at 6000 support, bias bearish, good to sell on rallies
(Refer BTC/USD chart on Trading View) BTC/USD has hit a low of 5880 after it got rejected at 10-DMA resistance. The drop comes amid wider weakness in the cryptocurrency market. According to CoinMarketCap, the total ma…
· Investing
- Tron acquires blockchain.org domain name
On the heels of BitTorrent acquisition, blockchain startup Tron has now announced that it has successfully acquired BlockChain.Org domain name. According to Tron.Live, Tron founder Justin Sun said “blockchain.org will…
· Business
- Crypto Currency Brief: Bitcoin on minor recovery path, Vietnam bans import of cryptocurrency mining equipment, LTC/USD at $60 mark – Monday, August 13th, 2018
BTC/USD: Bitcoin scaled higher during late European session Monday, although market experts believe that the bearish trend is not over yet. Last week, the United States SEC had announced the postponement of a Bitcoin …
· Investing
- China seeks to improve blockchain literacy of government officials
In a move to encourage blockchain literacy across public offices, China's Communist Party has published an explainer for officials and members, CoinDesk reported referring to a report from the Daily. The book, entitle…
· Technology
- FxWirePro: ETH/USD rangebound, break below 300 to see further downside
(Refer ETH/USD chart on Trading View) ETH/USD is trading in an extremely close range on Monday as its upside remains capped by 5-DMA. It fell to 305 levels on August 11 and is currently trading at 319 levels at the ti…
· Investing
- India mulls allowing crypto tokens for financial transactions
The government of India is considering allowing crypto tokens for facilitating financial transactions in the country, while maintaining its ban on cryptocurrencies, DNA India reported. Sources familiar with the matter…
· Regulation
- Golden Gate Ventures announces $10M cryptocurrency fund LuneX Ventures
Southeast Asian early-stage VC firm Golden Gate Ventures has announced a $10 million fund focused on blockchain and cryptocurrency investments. The firm is spinning out LuneX Ventures, which it describes as Southeast …
· Business
- FxWirePro: BTC/USD bounces off 6000 support, break above 10-DMA to see minor bullishness
(Refer BTC/USD chart on Trading View) BTC/USD is consolidating in a close range after it found support around 6000 levels over the weekend. The pair is struggling to break above 6500 and is currently trading at 6418 l…
· Investing
- Volkswagen is testing three potential blockchain applications
German automaker Volkswagen has announced that it is testing blockchain systems.
· Technology
- Facebook's David Marcus leaves Coinbase Board to avoid conflict of interest
David Marcus has resigned from the board of cryptocurrency exchange Coinbase, CoinDesk reported. Marcus has been serving as vice president at Facebook since 2014. He joined Coinbase’s board in late 2017 saying that th…
· People
- South Korea’s Jeju Island seeks to become blockchain hub
The South Korean island of Jeju is seeking to become a hub for the blockchain industry, according to Korea Joongang Daily. During a meeting last week, Governor Won Hee-ryong requested the central government to designa…
· Regulation
- FinCEN to launch cryptocurrency-focused exchange program
FinCEN, a bureau of the United States Department of the Treasury, is going to launch an exchange program focused on cryptocurrencies to help facilitate engagement with the industry. Speaking at the 2018 Chicago-Kent B…
· Regulation
- Digital Currency and Blockchain Weekly Round-up – August 10th, 2018
West Virginia taps blockchain technology for mid-term elections West Virginian military personnel located overseas would be able to cast their ballots in the midterm federal election, thanks to a blockchain-based smar…
· Technology
- Crypto Currency Brief: Bitcoin downtrend continues, LTC/USD trades near 2018 low, XRP bill payments set to roll out – Friday, August 10th, 2018
BTC/USD: Seems like the downtrend is not over yet – Bitcoin prices, once again started to plummet during European session Friday, still hovering around day’s lows at the time of writing. Although no specific reason ca…
· Investing
- FxWirePro: ETH/USD upside capped by 5-DMA, decisive break below trend line support likely to test 300
(Refer ETH/USD chart on Trading View) ETH/USD is trading in a narrow range on Friday with its upside capped by 5-DMA (Coinbase). The pair is currently trading at 358 levels at the time of writing. On the topside, a br…
· Investing
- Decentralized encyclopedia Everipedia goes live on EOS blockchain
Decentralized encyclopedia project Everipedia went live on the EOS blockchain on Thursday. With the mainnet launch, Everipedia will now move to a blockchain with a new URL from the previous traditional Web hosting ser…
· Technology
- Rare Carat partners with Everledger for blockchain-based provenance tracking for diamonds
Rare Carat, a provider of unbiased diamond advice, has entered into a partnership with blockchain startup Everledger to launch a tool for consumers to assess diamonds for sale anywhere. The Rare Carat Report is a free…
· Technology
- FxWirePro: BTC/USD consolidates inside Ichimoku cloud, bias bearish
(Refer BTC/USD chart on Trading View) BTC/USD recovered from the lows of 6121 levels and closed at 6543 levels on Thursday. The pair’s upside remains capped by 5-DMA and it is now trading in the red at 6438 levels at …
· Investing
- Blockchain startup tZero raises $134M in security token offering
Overstock.com blockchain subsidiary tZERO has raised $134 million in its security token offering (STO), the company revealed in its Q2 2018 results. tZERO commenced the token sale late last year, seeking to raise $250…
· Business
- South Korea to train young talent on blockchain, AI, big data
The South Korean government is rolling out a program aimed at nurturing young talent in innovative technologies such as blockchain. The Korean Ministry of Science and ICT on Thursday said that the 2018 Innovative Grow…
· Technology
- World Bank, CBA tap Ethereum for first blockchain bond transaction
The International Bank for Reconstruction and Development (IBRD), or the World Bank, has selected Commonwealth Bank of Australia (CBA) to issue a bond using distributed ledger technology (DLT). The World Bank issues b…
· Technology
- Office of the Comptroller of the Currency to host fintech-focused innovation office hours
The Office of the Comptroller of the Currency (OCC) has announced it will host fintech-focused Innovation Office Hours in New York in September. To be held from September 25 to 27, the Innovative Office Hours aims to …
· Technology
- IBM, Maersk announce blockchain shipping solution TradeLens with over 90 participating organizations
IBM and Maersk today introduced a new blockchain-based shipping solution, TradeLens, as part of their ongoing partnership. Korea Joongang Daily had previously reported that IBM and Maersk were planning to release two …
· Technology
- Crypto Currency Brief: Bitcoin, Altcoins attempt minor recovery; Bittrex adds XRP/USD on trading platform; Charlie Lee launches Litecoin SMS Payments – Thursday, August 9th, 2018
BTC/USD: Bitcoin prices started to recover during European session Thursday after falling to near 1-month low yesterday, albeit failing to cross the $6,500 mark. The downfall was marked by an announcement by the Unite…
· Investing
- Crytpo asset exchange ShapeShift acquires Bitfract
Digital asset exchange ShapeShift has acquired Bitfract, an Austin-based software firm, as part of its efforts to expand its offerings. Bitfract is the creator of a tool that enables users to trade bitcoin into dozens…
· Business
- FxWirePro: ETH/USD hovers around 1w 90-EMA, bias bearish
(Refer ETH/USD chart on Trading View) ETH/USD dropped to 347 levels on Wednesday before closing at 355 levels (Coinbase). The pair is currently trading in a narrow range around 360 levels at the time of writing. On th…
· Investing