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Tag Archives: Eyes

IBM Patent Eyes Blockchain for Drone Fleet Security

Computing giant and prolific blockchain researcher IBM has applied to patent a system that would use distributed ledger technology (DLT) to address privacy and security concerns associated with the increasing usage of drones in both commercial and recreational applications. According to documents made public on Thursday by the US Patent and Trademark Office (USPTO), IBM first applied for the patent, ...

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Cardano Price Analysis: ADA/USD Eyes Upside Break above $0.075

Key Highlights ADA price is trading nicely above the $0.0650 support area against the US Dollar (tethered). There is a key bullish trend line in place with support at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move higher above the $0.0740 and $0.0750 resistance levels in the near term. ...

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Morgan Stanley Eyes Bitcoin Swap Contracts Tied to Futures Prices

Morgan Stanley is joining Wall Street’s race toward an institutional-friendly bitcoin derivative. According to anonymous sources reporting to Bloomberg, the financial institution is devising price return swaps tied to bitcoin. These derivatives would allow investors to indirectly invest in the market’s flagship currency, allotting them the option to buy into long or short positions through the contracts. Taking their prices ...

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Bitcoin Price Watch: BTC/USD Sets Eyes On $6,080

Key Points Bitcoin price declined slightly and settled below the $6,300 level against the US Dollar. There was a break below a short term triangle pattern with support at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading below the 100 hourly SMA and it could decline towards $6,080 or $6,000. ...

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Bitcoin Dominance Eyes 60% as Ethereum Price Flounders

The recent fallout in altcoin prices, particularly ethereum, has boosted bitcoin’s dominance of the crypto market, now commanding nearly 60% of market share. As of today, bitcoin holds 56.72% of the market compared to ethereum’s 12.62%, according to CoinMarketCap. The orange line presents bitcoin’s crypto market share while the dark blue line shows Ethereum’s. Source: coinmarketcap.com Bitcoin’s price woes of the ...

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Ethereum Price Analysis: ETH/USD Sets Eyes On $210-215

Key Highlights ETH price is slowly recovering and is likely forming a support near $185 against the US Dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $193 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to slowly move higher towards the $208 and $210 resistance levels in the near term. ...

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Coinbase Eyes ETF With Help From BlackRock, Business Insider Report

In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF). As reported by Business Insider, the cryptocurrency exchange provider has been liaising with BlackRock, a U.S. investment management company with some $6 trillion in assets under its purview. Individuals close with the matter said that Coinbase has sought ...

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Ethereum Classic Price Analysis: ETC/USD Eyes Test of $10

Key Highlights Ethereum classic price failed to settle above $14.00 and declined sharply against the US dollar. There was a break below an important bullish trend line with support at $14.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair declined towards the $11.00 level and it remains at a risk of more losses towards ...

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Russia’s Pension Fund Eyes Blockchain to Prevent Labor Abuse

Russia’s FIU pension fund will use blockchain technology to integrate all of its information into a distributed registry and will prepare proposals to integrate all systems into a single platform, according to Izvestia. The fund believes it will cut costs for servicing and storing significant amounts of data. The technology will also provide more transparency to labor relations agreements and ...

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