Bitcoin Price Watch: BTC/USD Facing Crucial Resistances

Key Points Bitcoin price started an upside move after trading as low as $6,202 against the US Dollar. There was a break above a key bearish trend line with resistance at $6,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move higher, but it is facing many hurdles near… Read More »

Enough ‘Feeble Warnings’, Regulate ‘Wild West’ Crypto Market: UK Lawmakers

Advertisement British lawmakers called for the regulation of the domestic cryptocurrency market which they claimed to be the “Wild West”, whilst insisting rules could help the UK become a “global centre for crypto-assets”. In a report published by the British Parliament’s Treasury Committee on Wednesday, lawmakers claimed investors are “afforded very little protection” from a number of risks… Read More »

Lynked.World Announces Strategic Partnerships With Four Major Organizations in India

Lynked.World, the blockchain-based technology that allows users to irrefutably verify their personal, educational, and professional backgrounds, has just announced that four elite organizations in India will join dozens of other government and educational intuitions in that country who have adopted the platform. Metal Scrap Trade Corporation Limited (MTSC) and its e-RAKAM portal, along with Coal India Limited (CIL),… Read More »

Cryptocurrency & Blockchain Are Hot Topics on Today’s Podcasts

Podcasts are becoming a popular tool for those looking for a soft introduction to cryptocurrency and blockchain tech.  Podcasting was once a relatively obscure idea. Currently, it’s one of the most common means of imparting news media and listening to commentary. It is estimated that at least 500,000 podcasts are active across the world right now, with content available… Read More »

Chinese Investment Group to Raise Funds for Japanese Stable Coin

Grandshores Technology Group, a Hong Kong-based public blockchain investment company, is planning to raise $12.7 million through a digital token fund in an effort to finance a yen-backed cryptocurrency project. More Stable Coins Into The Crypto Pot Grandshores Technology was initially a contracting company that pivoted to the blockchain industry after being acquired by SHIS, a corporation owned… Read More »

Singapore Central Bank Flags Website Promoting Bitcoin Scam

Advertisement The Monetary Authority of Singapore (MAS), the country’s central bank, has issued a statement warning people about a website soliciting bitcoin investments that is using comments falsely attributed to Tharman Shanmugaratnam, the MAS chairman and Deputy Prime Minister. The statements attributed to Tharman on the website are misleading and false, MAS noted, except for his statement that… Read More »

Major Crypto Exchanges Under the Regulatory Fire for Price Manipulation

Advertisement Everyone who is a friend to cryptos is speaking about the market maturity and efforts being made to control price manipulation, might not be pleased to hear this. A recent integrity initiative run by the Attorney General Of New York State for Virtual market found that three of the cryptocurrency exchanges that help power CME Group Inc.’s… Read More »

Not Guilty: Accused Silk Road Lieutenant Gary Davis Pleads Innocence

Advertisement Gary Davis, charged with assisting Ross Ulbricht in running a drug trade worth more than $200 million on the Silk Road drug marketplace, has pleaded not guilty in a New York court to charges of conspiracy to distribute narcotics, computer hacking, and money laundering, according to The Times. Davis, who was extradited from Ireland stand trial in the U.S.,… Read More »

Stripe Co-Founder Excited by ‘Payments Use Cases of Crypto’

Despite having given up on Bitcoin as a payment method, the co-founder of the popular online payment processor remains “excited” about the payments use cases of cryptocurrencies.   “Long-Term Potential” Stripe, the online payment processor for internet businesses, ended its support for Bitcoin BTC 00 in January 2018. Nevertheless, the president and co-founder of the company John Collison maintains that… Read More »

Ethereum Price Analysis: ETH/USD Consolidating Above $200

Key Highlights ETH price recovered nicely and moved above the $210 level against the US Dollar. There is a key bearish trend line in place with resistance at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $216 and $220 resistance levels to move further higher in the near term. Ethereum… Read More »