Day: October 26, 2018

Cardano Neutral to Bullish above 7 Cents

TradingBTC

For now, the differences between IOHK and Cardano Foundation isn’t affecting price. But should it escalate and the other side of the story leaks from CF, then we might have a glance of what the team thinks of Charles Hoskinson, the Founder. As it is, ADA/USD is level and above 7 cents meaning our previous Cardano price analysis is valid. Latest Cardano News Charles Hoskinson is clear: Cardano is a community organization and a platform where investors have put their monies on and they expect results. Unfortunately, he feels that…

LTC/USD, EOS/USD, XLM/USD, ADA/USD, XMR/USD Price Analysis

TradingBTC

After implementation of their version of “Segwit”, Monero transaction fees are near zero. Because of that, Bittrex and Binance have responded by slashing withdrawal fees to a mere $0.01. This is bullish and coincidentally it happens at a time when Litecoin plans to execute core 0.17 promising to drive down network fees by a factor of 10. These developments spur adoption which in turn builds demand which is what traders need to see. Let’s have a look at these charts: EOS/USD EOS Price Analysis Despite lower lows and a ranging…

Thai SEC Warns Public About Investing in Nine Unregistered Tokens and ICOs

TradingBTC

The Thai Securities and Exchange Commission (SEC) has issued a warning about investing in nine digital tokens and Initial Coin Offerings (ICOs), which have not been accredited by the regulator, news outlet Bangkok Post reported Oct. 26. The SEC reportedly initiated an investigation into digital tokens and ICOs being promoted on social media platforms for investment, and found nine cases wherein promoted digital assets had not been authorized by the market regulator. Per the SEC, the alleged digital assets and ICOs have neither filed an application for the SEC’s approval,…

VeChain Signs MoU for Blockchain Development with Cyprus

TradingBTC

Singapore-based blockchain platform VeChain Foundation, U.S. blockchain startup CREAM, and the national investment partner of the Republic of Cyprus, Invest Cyprus, have signed a Memorandum of Understanding (MoU), per a press release published Oct. 26. The MoU is focused on establishing a framework in the field of blockchain technologies and related use cases. Per the MoU, the parties will work on a number of national level investment strategies, which involve blockchain-powered economies and promote blockchain technology, particularly in financial services. The agreement also aims to inform government policy making in…

Binance Introduces Blockchain-Based Donation Website at UN Conference

TradingBTC

The Blockchain Charity Foundation (BCF), a social project of the world’s largest crypto exchange Binance, has introduced its blockchain-powered donation platform, Binance Blog revealed Friday, Oct. 26. The donation project was announced Wednesday, Oct. 24, during the World Investment Forum organized by the U.N. Conference on Trade and Development (UNCTAD) in Geneva, Switzerland. At the forum, Binance CEO Changpeng Zhao — also known as CZ —  took part in the Blockchains for Sustainable Development session. He said that Binance will cover all operational fees on the new BCF blockchain charity…

BTC/USD Predictable amid Low Volume

TradingBTC

The Bitcoin-to-dollar exchange rate on Friday remained entrenched into the stable territory amid low volume. The BTC/USD is currently trading at 6406-fiat, just 0.42 percent above its intraday low. The pair continues to bounce between a $58 wide range, providing day traders plenty of profitable opportunities to enter and exit the market on every pullback action. At the same time, the quoted US Dollar index (DXY) recently posted yearly highs at 96.62-fiat but retraced back to the nearby support level at 96.08. The reverse correlation between BTC and DXY continues…

Net Neutrality Killer Ajit Pai Casts an Eye over Regulating Blockchain

TradingBTC

The man who killed net neutrality in the US is racing-up with innovations like blockchain to effectively regulate them. Ajit Pai, the chairman of the US Federal Communications Commission (FCC), said that his office would be looking into the emerging technologies for their potential impact on the telecom sector. Naming artificial intelligence, machine learning, and quantum computing alongside blockchain, the 45-year old telecom regulator added that their regulatory frameworks would evolve according to the growth of the firms in these “dynamic industries.” “We don’t have jurisdiction over these firms, but…

Chinese Edition of Book ‘Mastering Bitcoin’ Appears on State TV With ‘Sanitized Title’

TradingBTC

The notably edited title of Andreas Antonopoulos’ classic book “Mastering Bitcoin” was aired in an ad for the book on China’s state-run TV channel China Central Television (CCTV) Oct. 19. A renowned primer on the foundations of the crypto revolution, “Mastering Bitcoin” was first published in 2015, and re-released in a 2nd edition in 2017. In the Mandarin translation, the title has been altered to exclude any reference to the cryptocurrency Bitcoin (BTC), and reads approximately “Blockchain: the Road to the Digitization of Assets.” However, in a curious twist, the…

IBM and Maersk Struggle to Sign Partners to Shipping Blockchain

TradingBTC

It’s hard enough to get enterprises that compete with each other to work together as a team, but it’s especially tricky when one of those rivals owns the team. Shipping giant Maersk and tech provider IBM are wrestling with this problem with TradeLens, their distributed ledger technology (DLT) platform for supply chains. Some 10 months ago, the project was spun off from Maersk (the largest container shipping company on the planet) into a joint venture with IBM. But in that time the network has enticed only one other carrier onto…

IBM’s New Blockchain Problem: Maersk-Backed Shipping Effort Is Struggling

TradingBTC

It’s hard enough to get enterprises that compete with each other to work together as a team, but it’s especially tricky when one of those rivals owns the team. Shipping giant Maersk and tech provider IBM are wrestling with this problem with TradeLens, their distributed ledger technology (DLT) platform for supply chains. Some 10 months ago, the project was spun off from Maersk (the largest container shipping company on the planet) into a joint venture with IBM. But in that time the network has enticed only one other carrier onto…