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Tag Archives: #ven

Bitcoin Price Watch: BTC/USD’s Bullish Scenario

Key Points Bitcoin price moved higher and broke the $8,300 resistance level against the US Dollar. There is a significant ascending channel formed with support at $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate gains above $8,650 if it continues to follow the ascending channel. Bitcoin price is trading ...

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Pacific Island to Establish its Own Government and Cryptocurrency With 300 Households

The government of French Polynesia, an overseas collectivity of France in the South Pacific, is supporting a pilot program aiming to develop an off-shore housing that uses its own currency and operates outside of government regulations. The project is funded by a company called Blue Frontiers, which is planning to launch an initial coin offering dedicated to its cryptocurrency Varyon. ...

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Amber Baldet, Former JPMorgan Exec Says Banks Will Start Trading Crypto Soon

The former head of JPMorgan’s blockchain operation has said that banks will start to trade cryptocurrency sooner than people think. Banks Are Slowly Changing Their Positions Amber Baldet, a former JPMorgan executive, was speaking during CNBC’s ‘Power Lunch‘ today where she said that banks trading digital currencies was ‘coming sooner than people think.’ She added: “But even where the will ...

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JPMorgan Appoints Young Talent as Head of Crypto-Assets Strategy

Just nine months after their CEO branded the leading crypto asset a ‘fraud,’ JPMorgan Chase appear to be starting to take digital currency more seriously. They announced today that they have appointed a head of crypto-assets strategy. Is JP Morgan Warming up to Crypto? Taking the newly created role at the U.S. multi-national bank is 29-year-old Oliver Harris. Harris was ...

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Luckchemy’s Smart Contracts Audit Establishes Platform’s Enhanced Fairness & Accountability

The Luckchemy platform, a blockchain based iGaming platform, recently conducted its smart contracts audit and the resulting findings have been highly encouraging for the investors. Since Luckchemy is a platform designed to serve as a complete ecosystem for players, operators and product developers, the team is always eager for its betterment. In this regard, the Luckchemy platform’s smart contracts were ...

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Bitcoin Price Watch: BTC/USD Struggling Near $8,500

Key Points Bitcoin price found support above $8,000 and recovered nicely against the US Dollar. There is a breakout pattern forming with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the $8,500 resistance the 100 hourly simple moving average to gain momentum. Bitcoin price is struggling to ...

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Financial Pundit: Crypto Is Here to Stay, Financial Advisers Need to Learn About It

Lex Sokolin of Autonomous Research has stated that he feels it’s time that financial advisers started doing their jobs properly and learned about cryptocurrency. He claimed that since investors will buy into digital currencies either way, it’s irresponsible for many so-called advisers to remain clueless about the ever-expanding financial innovation. Sokolin: Cryptocurrency is “Really Here to Stay” Sokolin’s comments were ...

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Bitcoin Price Watch: BTC/USD Made Sharp U-Turn

Key Points Bitcoin price failed to capitalize above $8,800 level and declined sharply against the US Dollar. BTC/USD broke this week’s ascending channel with support at $8,500 on the hourly chart (data feed from Kraken). The pair settled below a key support at $8,400 and the 100 hourly simple moving average. Bitcoin price made a sharp U-turn from $8,800 against ...

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Ripple Price Analysis: Can XRP/USD Make It?

Key Highlights Ripple price is currently holding gains above the $0.7200 support level against the US dollar. There is a crucial ascending channel in place with support at $0.7300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may rise in the near term if buyers succeed in breaking the $0.7500 and $0.7580 resistance levels. ...

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