Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto

Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. OTC trading is popular with institutional investors who trade in large volumes of cryptocurrencies. This form of crypto trading happens between two parties, and it takes place away from the exchanges. OTC trades are often handled via brokers, who offer high-volume traders a trading desk to execute large trades with a faster settlement and…

Bitmain Continues to Downsize Amid Management Restructuring Reports

Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. Throughout December 2018, for example, like many companies in the crypto space, Bitmain appeared to be gearing up for a wave of layoffs. With employees taking to semi-anonymous, Chinese forums to describe their experiences, reports claimed that entire departments were completely shuttered, and about half of…

Ethereum Price Analysis: ETH Breaks Key Resistance As Sellers Lose Control

ETH price rallied recently and recovered sharply above $121 and $126 against the US Dollar. Yesterday’s highlighted important bearish trend line was breached at $121 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $130-132 resistance area and now it may correct a few points in the near term. Ethereum price jumped back above key pivot levels against the US Dollar and bitcoin. ETH/USD could continue to move higher towards $136 after a minor downside correction. Ethereum Price Analysis Yesterday, we saw a nasty decline…

India’s Biggest Conglomerates Explore Blockchain for B2B Payments

Despite a plethora of sometimes unclear regulations and restrictions, large businesses and banks in India are still embracing cryptocurrency — or at least some of the technology that underpins it — as a more reliable way to reconcile accounts, make payments, keep proper records, and manage internal funds. According to a report in the India Times, a number of Indian corporations are currently trialing blockchain technology as a means of record keeping. Top Firms in India Eye Blockchain for Payments Despite the traditionally hostile stance of the Reserve Bank of India on cryptocurrency…

2018 Sees ‘Record Transacting Volumes’ on Crypto Exchanges

Cryptocurrency exchanges have closed 2018 with “record transacting volumes,” according to a report by research firm Diar published Jan. 14. In its report, Diar notes that both the number of trades and the trade volume have increased on major crypto exchanges in 2018, compared to 2017 figures. The firm predicts that 2019 will see lower figures for spot markets than in 2017, despite the likely increase in the variety of traded cryptocurrencies. According to Diar’s data, the combined trade volume of the USD markets on major United States crypto exchange…

Gauging Community Expectations and Developer Readiness as Ethereum’s Constantinople Launch Date Approaches

The next attempt to implement the Ethereum (ETH) hard fork is expected to come in the interval from Jan. 14 to Jan. 18 — or according to Afri Schoedon, the release manager for the Parity Ethereum client, Jan. 16. At that point, the 7,080,000 block will be extracted, and the Constantinople upgrade will be activated. all-core-devs call: constantinople upgrade for ethereum mainnet activation suggested for 16th of january 2019, block number to be confirmed on black friday in a fortnight — Afri ?️ Jan 16 (@5chdn) November 9, 2018 To…

ETC Labs Introduces Dedicated Team to Focus on Core Ethereum Classic Projects

Ethereum Classic Labs incubator has launched a new Ethereum Classic (ETC) development team ETC Labs Core. The company has unveiled this in a blog post published Jan. 14. According to the announcement, the new team will be working on core ETC projects, supporting the coin’s blockchain and providing tools for decentralized application development, mining, and services. In the first quarter of 2019 the team will purportedly focus on reviewing Ethereum’s (ETH) Constantinople hard fork, which is set to happen around Jan. 16. This will be done prior to finalizing the…

Israel’s Top Cargo Shipping Firm Zim Opens Blockchain Platform to All Clients

Israel’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. Following a successful pilot of its blockchain-powered eB/Ls platform that lasted for over a year, the shipping firm has claimed that blockchain can not only replace the currently existing paper-based processes, but also improve the workflow conducted via email, fax, and other channels. According to TradeWinds’ report, two recent transactions on the platform were successfully conducted…

Crypto Asset Manager LedgerX Launches Bitcoin Volatility Index

LedgerX has launched its first Bitcoin (BTC) price volatility index. The launch of LedgerX Volatility Index (LXVX) was revealed to Cointelegraph by the company’s spokesperson on Jan. 14. LedgerX is a cryptocurrency asset manager regulated by the United States Commodity Futures Trading Commission (CFTC). The official press release shared with Cointelegraph explains how the index is formed: “The LXVX incorporates the level of fear and uncertainty in the bitcoin market, and thus can be thought of as the “bitcoin fear index,” in the same way the VIX is commonly referred…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 14

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After the two years of price-centric action in the cryptocurrency industry, 2019 might shift the focus towards the fundamentals. Until the community puts an emphasis on the foundational aspects of crypto, we believe that a sustained recovery is unlikely. The Winklevoss twins believe…