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Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

Crypto markets are on an upswing today, July 16, as data from Coin360 shows, with Bitcoin (BTC) reclaiming the $6,600 price point. Today’s notable market growth is likely bolstered by news that the $6.3 trillion asset management heavyweight BlackRock –– the world’s largest provider of exchange traded-funds (ETF) –– is beginning to assess potential involvement in Bitcoin, according to reports ...

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BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reports today, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other ...

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World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

The world’s fourth-largest stock exchange released plans to use so-called distributed ledger technology (DLT) in securities transactions July 10. The Shanghai Stock Exchange (SSE), which as of December 2017 had a market cap in excess of $5 tln, said in a report that “most people” consider that blockchain technology can “help improve the transparency of the securities industry.” “Part of ...

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Patent Application Eyes Bitcoin Blockchain for Artwork Provenance

A newly-published patent application seeks to use blockchain technology to establish and maintain a chain-of-ownership for artwork. The patent application, which was published by the U.S. Patent & Trademark Office (USPTO) on Thursday, lists the framework’s inventor as Howard H. Sheerin, a patent attorney in Scottsdale, AZ. According to Sheerin’s LinkedIn page, he now works in Silicon Valley, where he ...

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Cryptocurrency Exchange Binance Eyes Record Profits in 2018

Bear market? What bear market? That’s the attitude at Binance, the world’s largest cryptocurrency exchange, which expects to rake in between $500 million and $1 billion in net profit during 2018. Binance CEO Changpeng Zhao revealed this bullish target during an interview with Bloomberg, highlighting the whirlwind pace at which the exchange has grown since July 2017, when the then-China-based ...

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Western Union Patent Eyes Cryptocurrency for Secure Transfer System

A newly-published Western Union patent envisions a system that manages recurring transfer notifications and secure payments for a cryptocurrency network. According to filing documents published by the U.S. Patent and Trademark Office on Thursday, the Englewood, CO-based firm — the largest money transfer service in the world — has sought to devise a method to increase the security of electronic ...

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Ethereum Price Analysis: ETH/USD Eyes More Upsides

Key Highlights ETH price gained momentum and cleared the $455-458 resistance zone against the US Dollar. Yesterday’s highlighted important contracting triangle was breached with resistance at $454 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $458 resistance and is currently eyeing more gains. Ethereum price is trading with a positive ...

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Bitcoin Price Eyes Comeback as 250 Million New Tethers Enter Circulation

Cryptocurrency startup Tether issued $250 million in new tokens on Monday, sparking speculation that a bitcoin price rally could be inbound. Blockchain data indicates that Tether, the creator of cryptocurrency “stablecoin” USDT (colloquially called tether), issued 250 million new tokens this morning, June 25. USDT, which is pegged to USD at a 1-to-1 ratio, serves as a proxy for physical ...

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Bitcoin (BTC) Price Watch: Eyes on This Consolidation Pattern

Bitcoin Price Key Highlights Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart. Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern. Price is nearing the peak of the formation to signal that a breakout in either direction is due soon. Bitcoin price ...

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New Millennial Trading App White Shark Launches with High Demand Engaging Users as they Realize Profits Right Before their Eyes – Crypto Currency News

HomePress ReleaseNew Millennial Trading App White Shark Launches with High Demand Engaging Users as they Realize Profits Right Before their Eyes FinTech apps like White Shark that engage millennials have achieved multiple billion dollar valuations Newport Beach, CA June 14,  2018 — White Shark Fintech, Inc. (the “Company”) a revolutionary free artificial intelligence based trading platform that flourishes in volatility ...

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