Home » Author Archives: admin (page 20)

Author Archives: admin

Investors Turn Bullish as Cryptocurrency Market adds $12 Billion 24 Hours$12 Billion Added to Cryptocurrency Market in 24 Hours, Investors Bullish

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Over the past 24 hours, the cryptocurrency market added $12 billion, as major cryptocurrencies including Bitcoin, Ethereum, Ripple, and Bitcoin Cash experienced a short-term corrective rally. Breathing Room, But Not Entirely Optimistic The Bitcoin price rebounded from $6,300 to $6,700, breaking a descending trendline since May 3, when BTC ...

Read More »

Ethereum Price Analysis: ETH/USD Broke Key Resistance

Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $500 level and the 100 hourly simple moving average. Ethereum ...

Read More »

Blockchain Will Transform Cost Base of Financial Services Industry

The CEO of Swiss financial services provider UBS Group Sergio Ermotti said that blockchain will be essential for the financial services industry in an interview with CNBC June 18. Ermotti said that the underlying technology of cryptocurrencies will allow “[the] freeing up of resources to become more efficient,” adding that “[it] is a great way to allow us to… reduce ...

Read More »

Bitcoin Cash Price Analysis: BCH/USD May Overtake $900

Key Points Bitcoin cash price bounced back sharply from the $825 support area against the US Dollar. Yesterday’s highlighted key bearish trend line with resistance at $840 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading just below the $900-910 resistance, and it may soon break it. Bitcoin cash price ...

Read More »

Active Blockchain Projects in Use? Logistics is Overtaking Finance

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Many predicted that finance would be among the first innovators in blockchain. Harvard Business Review concluded that education about blockchain is no longer lacking in finance as it is in industries like manufacturing, predicting we’ll see finance projects finished first. Part of that statement is true. Manufacturing has indeed ...

Read More »

Former Legislator in Bitcoin Extortion Case Declared Proclaimed Offender

An Indian court declared former Member of the Legislative Assembly (MLA) Nalin Kotadiya a proclaimed offender in connection with a Bitcoin (BTC) extortion case amounting to $1.3 million, Business Standard reported June 18. Judge PG Tamakuwala declared Kotadiya a proclaimed offender or “absconder” under Section 82 of the Code of Criminal Procedure with reference to an application filed by the ...

Read More »

Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

Bitcoin Price Key Highlights Bitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure. Price has yet to bust through several upside hurdles to confirm that buyers are in control. Technical indicators are mostly suggesting that the drop could still resume. Bitcoin price made a short-term upside break but still faces several upside hurdles before ...

Read More »

Binance Supports Malta Stock Exchange’s Stratup Accelerator Program

The Malta Stock Exchange (MSE) has announced that digital currency exchange Binance is backing its newly launched program to support fintech and crypto startups, Finance Magnates reported June 18. According to a tweet by the MSE’s official Twitter account, it will accept up to twelve fintech companies to utilize the facilities proposed within the newly established program: The @MaltaStockExch is ...

Read More »

Brussels Airport Unveils Blockchain App for Tracking Cargo Movement

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Brussels Airport has launched an application based on blockchain technology meant to assist in tracking cargo movement from ground handlers to freight forwarders. The application will work in conjunction with BRUcloud, the open data management platform of Brussels Airport that is hosted on the cloud. BRUcloud, which is based ...

Read More »