Monthly Archives: May 2018

China Takes Another Step Forward in Promoting Blockchain Innovation

The China Center for Information Industry Development (CCID) of the Ministry of Industry and Information Technology in Beijing announced its first monthly Global Public Chain Assessment Index at a recent conference. The platform is designed to offer detailed reviews of global blockchain projects by renowned experts in academia, industry and government bodies. Previously, the CCID had established the Blockchain Research Institute and the China Ecological Blockchain Alliance, which are assigned to strengthen industry, policy research and blockchain technology. The organizations also provide software research and testing to […]

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Cryptocurrency Ecosystem Allows Newcomers To Copy Trades By Professionals

sponsored A company is bringing together professional traders, casual crypto holders and first-time investors in a new ecosystem. A new ecosystem is bringing together professional traders, cryptocurrency holders and first-time investors in the crypto market – with the platform offering “tailor-made products” for each of them. Tradelize says it has divided its software into specific layers, enabling users with varying levels of experience to find the service that fits their particular needs. For professional traders who know their way around exchanges, Tradelize.terminal provides “sophisticated digital tools” that […]

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UK-Based Crypto Trading Platform Launches “First Regulated” Ethereum Futures

A London-based crypto trading firm has launched the “first regulated” ETH futures that will allow investors to take a long or short position on the cryptocurrency. Crypto Facilities, a UK-based cryptocurrency trading platform, has launched the “first regulated” futures contracts for Ethereum (ETH), the world’s second largest digital currency by market capitalization, according to a press-release May 11. Crypto Facilities, which is regulated by the Financial Conduct Authority (FCA) in the UK, started trading Ethereum derivatives contracts Friday at 4 p.m. UK time. The products will enable […]

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Sentiment Analysis Is the Best Trading Tool You’re Not Using

Every good trader knows their TA from their FA, and can appreciate the effect that fundamental and technical analysis have on market movements. But what about SA? Sentiment analysis, which involves making decisions based on the emotions of other traders, is arguably just as important, especially in the cryptocurrency market, where a herd mentality prevails. Also read: South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud Other People’s Feelings Matter “Don’t trade on your emotions” is one of the first rules a trader learns, because making yourself […]

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Bitcoin Price Analysis: Bears Take Bulls to Task with New Low

In a surprisingly aggressive move, bitcoin dropped $800 dollars in a few short hours. The move seemed to cripple many of the most bullish markets leaving some altcoins seeing 30–40% drops before finding any local bottoms. Last night’s move marked the first new low since the trading range (TR) formed 3 weeks ago: Figure 1: BTC-USD, 2-HR Candles, Potential Distribution Trading Range Until last night’s drop, the current trading range had many hallmarks of a reaccumulation trading range (a continuation pattern) that gave many bulls confidence in […]

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Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

Canada’s Central Bank and Toronto Stock Exchange operator have reported positive results from piloting a blockchain-powered securities settlement platform. Canada’s central bank, Toronto Stock Exchange operator TMX Group, and non-profit organization Payments Canada, completed tests showing blockchain can be used for instantaneous securities settlements, Reuters reports today, May 11. The three companies concluded that blockchain, the technology originally developed for cryptocurrencies such as Bitcoin (BTC), is usable for automating securities settlements in real time. Both cash and assets can effectively be “tokenized” for instant exchange. Gerry Gaetz, […]

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Bitcoin Moons to $36,000 by End of 2019 According to Fundstrat

Fundstrat Global, a favorite research firm in the cryptosphere with Wall Street-street cred, is once again providing eye-popping bitcoin (BTC) predictions. This time analysis depends largely on what’s known as the mining economy. Hash power and hardware advancement all combine to show a possible $36,000 BTC price by the end of next year, they claim. Also read: JP Morgan Chase Eats Humble Pie, Applies for Blockchain Patent Fundstrat Continues Moon Price Predictions Fundstrat’s head of data research, Sam Doctor, explained, “The release of the next generation of […]

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How Japan Is Creating a Template for Cryptocurrency Regulation

Some countries in Asia are feeling the pain of inadequate cryptocurrency regulation, while others, like India, China and South Korea, have taken an uncertain or hostile stance to cryptocurrency. In contrast, Japan is building a clear framework for how virtual currency exchanges, and soon initial coin offerings (ICOs), should operate there. In doing so, Japan is becoming a hotspot for virtual currency exchanges that can afford to comply with its strict rules, while also creating a regulatory template for the rest of Asia to follow.   Japan has […]

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Facebook ‘Exploring’ Making Its Own Cryptocurrency, Media Report

Facebook is “very serious” about letting users make in-app payments with a bespoke crypto token, mainstream media reports. Facebook is reportedly “exploring” the creation of its own cryptocurrency, news media outlet Cheddar reported May 11. According to Cheddar’s anonymous sources, people “familiar with Facebook’s plans,” the social media giant is “very serious” about plans to launch an in-app virtual coin. The unconfirmed information comes the same week the platform announced that David Marcus, head of its Messenger app, would transfer to heading a dedicated blockchain research group. […]

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Bitcoin.com Store Adds More Hot New Items and Amazon Gift Cards

Last month we re-opened our Bitcoin.com Store after some construction and a bit of hiatus. After a month of operation we’ve added even more to the store with hardware wallets, new t-shirts, Cryptomatic watches, and now we’re even selling Amazon gift cards. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research Crypto-Infused Products for Both Veterans and Noobs If you are tired of hodling your cryptocurrencies and want to spend bitcoin cash on some cool swag, then the Bitcoin.com Store is the place for you. Over […]

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