Crypto news

A local news report in South Korea has recently confirmed that the Korean government is planning to move trade finance completely on a blockchain network in the next two years by 2021.The announcement was made by the South Korean Trade Finance Minister Hong Nam-ki who introduced the developmental plan for digital trade on Monday, October 14. According to Nam-Ki, the South Korean government will apply the next-generation technologies like Big data, AI and blockchain. The government has plans...

Digital asset manager CoinShares decided to start working with gold meaning putting this asset on the Bitcoin blockchain.Together with Blockchain that is a wallet solutions provider and MKS (Switzerland) SA that acts as a precious metal trader this British company said on Tuesday they are making a gold-backed network that will be used for token trading and will represent digitized physical gold. The whole project took more than two years to be finalized.As per CoinShares, the network launched...

ADA price is back in a bearish zone below the key $0.0400 support area against the US Dollar.The price is likely to extend its decline towards the $0.0375 or $0.0360 support.There was a break below a major bullish trend line with support near $0.0408 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but the previous support near $0.0408 might prevent gains.Cardano price is currently declining against the US Dollar and bitcoin. ADA price remains at a risk of...

Brokerage firm eToro has brought a new tool to the market that’s supposed to help investors crack the code of investing in cryptocurrencies such as bitcoin – crypto Twitter. In a recent blog, eToro announced that it is partnering with cryptocurrency information service provider TIE, which uses algorithms based on crowd-driven sentiment to develop trading strategies. Twitter can help you make money in bitcoin and crypto The brokerage firm points out that TheTIE-LongOnly CopyPortfolio will...

Bitcoin’s price action of late got the community rather bearish. A lot of popular analysts are suggesting that the price might plunge down to $6,000. As we’ve seen plenty of times in the past, however, Bitcoin often does the exact opposite so it’s quite interesting to see where the price will take from here. Bitcoin’s Price Recent Action And Bearish Sentiment Bitcoin’s price is moving in a range for the past few days. This comes after the fake breakout we saw back on October 11th when the...

In a new search report, famous Apple analyst Ming-Chi Kuo of TF Securities predicted exactly which new specifics the “iPhone SE 2” will have.Precisely, he noted the smartphone will have the A13 processor, same as in iPhone 11 and of which he has spoken about before. Also, Kuo said the phone will be available in versions with 64GB and 128GB capacities, including 3GB of application RAM.He said that there could be three finishes, including Space Gray, Silver, and Red. There will be no more 3D...

The future seems brighter for the NASDAQ platform with the listing of Cryptoindex’s CIX100 index. Cryptoindex is one of the performing indexes for investors in the cryptocurrency ecosystem.This news is encouraging for the crypto market at large. Openings with such scale, particularly those of neuro-based projects, confirm that classical exchange networks are more than ready for innovation and reflect a massive acceptance that’s looming. Initially, the CIX100 Index was listed on TradingView,...

Bitcoin price is currently declining and it recently failed to surpass the $8,660 resistance against the US Dollar.The price is now trading well below the key $8,400 and $8,300 support levels.There is a declining channel forming with resistance near $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline as long as there is no upside break above $8,300 and $8,400.Bitcoin price is signaling more downsides below $8,200 against the US...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 729. Heute geht’s um folgende Themen: Ripple investiert in größte Bitcoin-Börse Mexikos, Englischer Zentralbank-Chef verteidigt Facebook Libra & Libra Association unterzeichnet Charta in Genf. 1.) Ripple investiert in größte Bitcoin-Börse Mexikoshttps://www.btc-echo.de/ripple-investiert-in-groesste-bitcoin-boerse-mexikos/ 2.) Englischer Zentralbank-Chef verteidigt Facebook...

Niederländische Zentralbank deutet auf wirtschaftlichen Neuanfang auf Basis des Goldstandards hin. Eine Bank, die Gold auf Lager hat, ist erstmal nichts Neues. Obwohl staatliche Währungen schon lange nicht mehr an Gold gebunden werden, sammeln Zentralbanken aus verschiedenen Ländern weiterhin Gold an. Der Grund, den die niederländische Zentralbank auf ihrer Website angibt, ist...