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Ethereum Price Weekly Analysis: ETH/USD’s Uphill Task

Key Highlights ETH price is trading in a positive zone above the $570 level against the US Dollar. There is a major bearish trend line in place with resistance near $650 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may perhaps move higher in the short term, but it could struggle to break the $650 resistance. ...

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New York State Thinks About Launching Cryptocurrency Task Force

The New York State Assembly in the United States is considering launching a digital currency task force to further exam cryptocurrencies and their role within New York state. The nine person task force would be tasked with delivering their findings by December 2019, if approved. The proposal study questions are the following: How many cryptocurrencies are currently traded and what ...

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New York State May Launch a Cryptocurrency Task Force

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. The state of New York is making progress toward establishing formal cryptocurrency rules that could ultimately bolster more widespread use of virtual currencies. In yet another signal that bitcoin is here to stay, the New York State Assembly proposed launching a digital currency task force to examine the ...

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NEO News | NEO and Ontology Announce a “Joint Task Force”

NEO and Ontology: After signing a Memorandum of Understanding (MoU) earlier on May 14, 2018, with the Ontology Foundation, the NEO Foundation announced on Thursday that the two would be co-funding a “Joint Task Force”. NEO and Ontology: The Task Force The task force will focus on developing “a sharing ecosystem of smart [contracts], building open standards for smart [contracts], and cross-chain technology ...

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Bitcoin Cash Price Analysis: BCH/USD Facing Uphill Task

Key Points Bitcoin cash price found support near the $1,220 level and recovered slightly against the US Dollar. There is a short-term bearish trend line forming with resistance at $1,340 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near $1,340 and $1,350 resistance levels. Bitcoin cash price ...

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Bitcoin Price Analysis: Bears Take Bulls to Task with New Low

In a surprisingly aggressive move, bitcoin dropped $800 dollars in a few short hours. The move seemed to cripple many of the most bullish markets leaving some altcoins seeing 30–40% drops before finding any local bottoms. Last night’s move marked the first new low since the trading range (TR) formed 3 weeks ago: Figure 1: BTC-USD, 2-HR Candles, Potential Distribution ...

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What to Make of British Cryptocurrency Task Force

Regulations have been a top priority for the burgeoning cryptocurrency markets around the world in 2018 and there has been a lot of work done on this front in the space of three months. Cryptocurrency markets floundered at the start of the year, after record highs for Bitcoin and other notable alt coins in December. This came to a head ...

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U.K. Fintech Sector Strategy Announces Crypto Asset Task Force

Today, March 22, 2018, at the government’s second International Fintech Conference, Exchequer Chancellor Philip Hammond announced the launch of a Fintech Sector Strategy that looks to keep the U.K. on the forefront of the industry. The primary component of this new strategy will be the introduction of a Crypto Assets Task Force composed of representatives from the Bank of England ...

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