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Bitcoin Cash Price Analysis: Can BCH/USD Hold Gains?

Key Points Bitcoin cash price recovered nicely and moved above the $710 resistance against the US Dollar. There is a key bullish trend line formed with support near $712 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must stay above the $700-710 support zone to remain in a positive zone in the near term. ...

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Litecoin, EOS, Stellar, Tron, IOTA Technical Analysis

There is a crypto recovery that comes even in the face of allegations. We have seen how Tone Vays is tearing down Litecoin-TokenPay partnership while Justo is laying down his claims that EOS is actually undercutting Ethereum. Either way, both coins are in the green and setting the pace for further gains in IOTA, Stellar Lumens and Tron-which has their ...

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Bitcoin (BTC) Technical Analysis

Like most coins, there is some upward pressure for Bitcoin and what a time to capitalize on. In the past week or so, we have seen the influence of $6,000 our main support line and 2018 lows. Because of these developments, odds of further gains are high and this opens the door for Bitcoin buyers to search for loading opportunities ...

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The Unbanked Population: Crypto’s Calling Card?

Financial services might be something you take for granted. Depositing, borrowing and withdrawing capital is as easy as going to your local bank branch, but there are billions of individuals worldwide with no access to something as simple as a bank account. 77% Of Filipino Adults Do Not Have Access To Financial Services CNN’s Philippines branch recently reported that a ...

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Between Oracles and Smart Contracts: JUR to Take Dispute Management Onto the Blockchain

In the past twenty years, technology has advanced to the point that it is now a ubiquitous part of our lives. The internet provides global connections that comprise everything from social media to e-commerce. Smartphones, affordable computers, and a continual, reliable internet connection have had a transformative effect on the way we interact with the world around us. For instance, ...

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Crypto Becomes Proper Alternative to Cash in Struggling Economies

The use of crypto donations by a Venezuelan citizen has shown cryptocurrencies are better than some fiat currencies even though they have been dismissed as too volatile. These donations also highlight the changing perception of crypto away from its murky past on the dark net. Crypto Helps Citizens Affected by Hyper-Inflation The NANO community has donated almost $5,000 worth to ...

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Bank of England Slammed for Falling Behind Regulating Crypto

The Bank of England (BoE) has been criticized in a UK Treasury Committee during a hearing on Digital Currencies on July 4. Three senior government and banking officials denied the claim, arguing that a taskforce is underway to provide clear guidance over what crypto regulations need to be imposed. MP: “Facebook Leading the Way” In the hearing, Labour MP Wes ...

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Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price is preparing for the next ...

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Billionaire Investor Says Crypto Will Revive Hedge Funds

Billionaire Steven Cohen has backed a hedge fund targeted at crypto assets and blockchain-based companies by investing in it. This supports claims made by an employee at Morgan Stanley that cryptocurrency trading will be a ‘shot of adrenaline’ for hedge funds. Move Towards Crypto Hedge Funds Cohen Private Ventures made an investment into crypto hedge and venture capital fund Autonomous ...

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Crypto Week In Review: Bancor Hack, Coinbase Add Tokens, Price Drop

Despite seeing bearish price action, with the market moving down by 10%, the past week was still rife with news about cryptocurrency exchanges. This Week’s News Headlines Hedge Fund Investor Takes Step Into An Unfamiliar Space Steven Cohen, a well-known hedge fund manager, recently made an investment into Autonomous Partners, a new hedge fund that is focused on the acquisition ...

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