TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- New research highlights two factors that can predict cryptocurrency returns
A new study, published by the National Bureau of Economic Research, has stated that the cryptocurrency returns can be predicted by factors which are specific to crypto markets.
· Insights & Views
- Microsoft targets permissioned networks with new Ethereum product on Azure
Microsoft this week announced the release of Ethereum Proof-of-Authority (PoA) on Azure, its cloud platform. In an online post dated August 7, Cody Born, Software Engineer, Azure Global, said that the existing Proof-o…
· Technology
- FxWirePro: BTC/USD upside capped by 5-DMA, likely to re-test 6000
(Refer BTC/USD chart on Trading View) BTC/USD failed to hold cloud support and plunged to 6121 levels on Wednesday before closing at 6283 levels. The pair is currently trading just shy of cloud bottom at 6346 levels a…
· Investing
- $1.8B injected into blockchain projects via VC funding so far in 2018 – Study
Venture capital and M&A activities in blockchain projects have hit new all-time highs, despite the negative sentiment and token bear market, Outlier Ventures found in a new research. Research analyst Joel John said th…
· Insights & Views
- Interest to apply for ICO and digital asset exchange licenses surges in Thailand
The number of projects interested in applying for licenses to conduct initial coin offerings (ICOs) and to operate digital asset exchanges has surged after the digital asset licensing went into effect in Thailand, the…
· Regulation
- Blockchain music platform Audius secures $5.5M from Lightspeed, Pantera, and others
Audius, a decentralized music sharing protocol, has raised $5.5 million in a Series A funding round from a number of prominent investors. The funding round saw participation from General Catalyst, Lightspeed, Pantera …
· Business
- Havven to launch stablecoin nUSD on EOS blockchain
Havven, a blockchain startup headquartered in Sydney, has announced its plans to launch its stablecoin, nUSD, on the EOSIO blockchain. nUSD was launched in June 2018 and has been live on Ethereum. The company said the…
· Technology
- FxWirePro: ETH/USD breaks below 400, bias bearish, stay short
(Refer ETH/USD chart on Trading View) ETH/USD has broken below the 400 mark and is currently trading at 367 levels at the time of writing (Coinbase). The pair is down by over 11 percent so far this week. On the topsid…
· Investing
- Crypto Currency Brief: Bitcoin suffers on SEC’s ETF postponement decision; Altcoins follow suit; Ripple plunges to 2018 low – Wednesday, August 8th, 2018
BTC/USD: Bitcoin prices fell to near 1-month low during European session Wednesday, following the announcement by the United States Securities and Exchange Commission (SEC) that it will delay the decision on whether t…
· Investing
- Japan’s FSA mulls stricter crypto regulations to curb speculative investments – Report
Japan’s Financial Services Agency (FSA) is planning to impose stricter regulations on cryptocurrencies, The Japan Times said in a new report. The regulator is considering stricter rules in order to curb the use of cry…
· Regulation
- Opera to open up desktop browsers to crypto wallets with Ethereum support
Opera, a web browser for Windows, macOS, and Linux operating systems, is going to launch its desktop web browser with a built-in crypto wallet with Ethereum support. Last month, the company rolled out a new version o…
· Technology
- South Korea’s Shinhan Bank partners with KT to develop blockchain solution
Shinhan Bank, South Korea’s second largest commercial bank by total assets, has entered into a partnership with telecom giant KT in order to jointly build a blockchain-based service, The Korea Times reported. The bank…
· Technology
- Global financial regulators team up to launch global fintech sandbox
The UK Financial Conduct Authority (FCA), together with 11 global financial regulators and related organisations, has announced the formation of the Global Financial Innovation Network (GFIN). The initiative builds on…
· Regulation
- Applied DNA, Everledger to develop blockchain solution for high-end product markets
Applied DNA Sciences, a U.S.-based company providing molecular technologies, has signed a Memorandum of Understanding (MOU) with blockchain startup Everledger to build CertainT Blockchain platform. The companies will …
· Technology
- FxWirePro: BTC/USD finds support near cloud bottom, bias bearish, stay short
(Refer BTC/USD chart on Trading View) BTC/USD crashed to near 6400 levels as the U.S. Securities and Exchange Commission (SEC) postponed its decision on the VanEck-SolidX bitcoin exchange-traded fund (ETF). The pair i…
· Investing
- Coinbase announces immediate crypto trading and higher default limits; launches Ethereum Classic on Coinbase Pro
Crypto exchange Coinbase has announced immediate trading and higher default limits for Coinbase accounts. According to the announcement, the company will now allow users to trade cryptocurrency immediately after a pur…
· Business
- Tencent, Softbank back bitcoin mining giant Bitmain’s pre-IPO funding round - Report
Bitcoin mining giant Bitmain Technologies has closed a pre- Initial Public Offering (IPO) funding round, which brings its valuation to $15 billion, CoinTelegraph reported referring to a report from QQ News. The latest…
· Business
- Crypto tax solution startup Libra raises $15M in Series B funding
Blockchain startup Libra has raised $15 million in a series B round, bringing its total funding to $24.8 million. The funding was led by the company’s previous lead investor, a prominent, multi-billion dollar European…
· Business
- FBG Capital, Kenetic and others back Singaporean blockchain startup Rate
Singaporean blockchain startup Rate has raised $15 million in its initial coin offering (ICO) drive that ran from April 16 to May 22, TechInAsia reported. The token sale was open to both public and private investors a…
· Business
- FxWirePro: ETH/USD rangebound above 400, break below to see further bearishness
(Refer ETH/USD chart on Trading View) ETH/USD continues to consolidate in a narrow range above key support at 400 levels. The pair is currently trading at 408 levels at the time of writing (Coinbase). On the upside, r…
· Investing
- 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 smartphone app. In a report dated August 6th, CNN stated that the ap…
· Technology
- Swiss bank Maerki Baumann announces support for crypto assets
Maerki Baumann, a private bank headquartered in Zurich, has decided to accept cryptocurrency assets, according to International Investment.
· Business
- Government of Telangana to establish first Blockchain District in India
The government of Indian state of Telangana signed memorandum of understandings (MOUs) with Tech Mahindra, Nucleus Vision, and Eleven01 Foundation to launch India’s first Blockchain District in the state, according to…
· Technology
- FxWirePro: BTC/USD holds 50-DMA support, good to go short on break below
(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…
· Investing
- CoinJar announces first cryptocurrency index fund for wholesale investors in Australia
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…
· Business
- Blockchain startup tZERO to announce results of Security Token Offering on August 9
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…
· Business
- Bitmain to open blockchain data center and crypto mining facility in Texas
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…
· Business
- Coinbase hires Amazon Web Services general manager to lead engineering team
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…
· People
- Coinsource surpasses 200th bitcoin ATM installation with 17 new machines in Florida
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…
· Business
- Digital Currency and Blockchain Weekly Round-up – August 3rd, 2018
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…
· Technology
- FxWirePro: ETH/USD briefly breaks below 400, close below confirms further downside
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…
· Investing
- Bitcoin to replace fiat? UBS says bitcoin price needs to hit $213k
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 …
· Insights & Views
- Neufund, BitBay collaborate to enable security token trading with fiat currencies
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…
· Technology
- FxWirePro: BTC/USD trades lower following breach of 90-EMA support, good to go short on rallies
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…
· Investing
- German stock exchange Boerse Stuttgart goes big on crypto – announces BISON, ICO platform, custody service and more
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…
· Business
- South Korea’s Financial Supervisory Service recommends integrated blockchain system for stock trading
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…
· Technology
- Digital Currency Group, ZhenFund and others back Logos Network’s $3M seed round
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…
· Business
- UniCredit completes first blockchain-based international transaction via we.trade
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…
· Technology
- FxWirePro: ETH/USD eyes key support at 400, bias bearish
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 …
· Investing
- New York-based blockchain startup adds Nobel Laureate Oliver Hart and former Microsoft chief economist Dr. Preston McAfee as Senior Advisors
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…
· People