Bull Gone: Bitcoin Price Forming Doji to Signal Potential Trend Reversal

Advertisement TweetShare Bitcoin price on Tuesday reached a session high on Coinbase at $3,586 but remained in the fears of a potential reversal action overall. Bitcoin/Dollar 1D CHARTS | SOURCE: COINBASE, TRADINGVIEW.COM Ahead of the US session so far, bitcoin’s opening and closing positions today have remained very close to one another, as indicated by…

Binance Labs Launches 8 Blockchain Startups

Binance Labs Launches 8 Blockchain Startups

Advertisement TweetShare Ella Zhang, Head of Binance Labs Binance Labs recently announced the launch of eight projects which have been incubated over the course of the last few months. The San Francisco chapter of Binance Labs ended its ten-week Incubation Program which focused on providing guidance, mentorship, and resources to each project. Over 500 project teams applied…

Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading

Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading

Advertisement TweetShare Wanchain Wanchain and Loopring today announced that Loopring, a protocol atop which decentralized exchanges trading platforms can be built, is live on the Wanchain network. Decentralized trading platforms took a hit earlier this year when Zachary Coburn of EtherDelta was charged with offering unregistered securities. The exchange was by and large considered decentralized…

Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves

Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves

Advertisement TweetShare An investigative report by Bloomberg News has revealed that Tether makes a substantial amount of interest on its US Dollar reserves. The US Dollar reserves are kept in banks across several jurisdictions including Canada, the Bahamas and Puerto Rico. According to bank statements seen by Bloomberg, Tether earned at least $6.6 million in interest between…

Bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan

Bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan

Advertisement TweetShare Institutional investors are being scared off by the protracted crypto bear market. That’s the assessment of a team of JPMorgan Chase & Co. analysts, including global market strategist Nikolaos Panigirtzoglou. “Participation by financial institutions in Bitcoin trading appears to be fading,” the JPMorgan team wrote in a December 14 research note. “Key flow…

Blockchain Technology Tipped to Boost New Zealand’s IT Exports: Report

Blockchain Technology Tipped to Boost New Zealand’s IT Exports: Report

Advertisement TweetShare Earnings from New Zealand’s third-biggest export sector, information technology, could be boosted significantly by distributed ledger technology. According to a report released by New Zealand’s innovation agency, Callaghan Innovation, there is ample room for growth in the sector if the country embraces blockchain technology. Currently, the IT sector in New Zealand generates NZ$16…

Cryptocurrency News and Breaking Updates

As part of its 12 Days of Consecutive Announcement, major cryptocurrency exchange Coinbase has launched a new feature that allows investors to convert their cryptocurrencies into other digital assets, according to a company announcement on December 17, 2018.