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CoinShares, Blockchain and MKS Partner Creating Gold Token

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...

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Cardano (ADA) Price Analysis: Primed For More Downsides

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...

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‘Crypto Twitter Sentiment’ Algo Claims 281% Returns After Reading Bitcoin Tweets

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...

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Cryptoindex.com’s CIX100 Index Get Listed on NASDAQ

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,...

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Bitcoin Price Analysis: BTC Signaling Bearish Continuation

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...

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Irland: Coinbase erhält Europäische E-Money-Lizenz

Die Bitcoin-Börse Coinbase hat von der irischen Zentralbank offiziell eine E-Money-Lizenz erhalten. Dadurch ebnen sich für die Plattform neue Wege auf dem europäischen Finanzmarkt. Die irische Zentralbank hat der Krypto-Börse Coinbase eine offizielle E-Money-Lizenz ausgestellt, wie Coinbase auf seinem Corporate Blog schreibt. Coinbase zählt auch in der Schweiz zu den...

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eToro Launches Sentiment-Based Portfolio for Crypto Investors

Photo: eToroeToro, the leading global investment platform, announces the launch of TheTIE-LongOnly CopyPortfolio, offering users access to a sentiment-based, AIgo-driven investment strategy from The TIE, a cryptocurrency data analytics platform trusted by some of the largest traditional quantitative hedge funds as well as crypto-specific funds.Guy Hirsch, US Managing Director of eToro, said:“In traditional markets, retail investors have historically lagged behind the ‘smart money’ when it...

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Google Officially Presents Its Pixel 4, Its Stock Rises

Photo: Google / TwitterTrue to form, Google delivered on many of its promises as the leaks and many expectations were met. The Pixel 4 (about it we’ve already reported) and its XL Variant offered the goods and a bit more than expected. Besides, Google seems to be going head-to-head with other technology giants with new devices. The Google pixel buds Generation 2 was totally out of this world. The buds are wireless, they enable differentiation of sounds like those on the street and co even...

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Coinbase and SFOX Make Y Combinator Top 100 List

It looks like no matter how hard crypto and blockchain try they can’t please everybody. The Y Combinator’s top 100 list of startups is out, and to our disappointment and dismay, only two cryptocurrency and blockchain businesses have made the cut.Y Combinator Only Chooses Two?The two businesses to earn spots on the list were Coinbase, the popular U.S.-based cryptocurrency exchange (which came in at number five), and SFOX, a crypto dealer for institutional and professional traders. Ah, those...

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Bitcoin Holds Steady While Altcoins Take Off: Weekly Crypto Market Update

This week, the market continued to stagnate, but we saw some promising signs in the altcoin arena. While most of the attention was directed toward Bitcoin and whether its price support will hold, many traders’ interest seems to have shifted to altcoins.Bitcoin’s dominance rate declined since peaking at 72%, and other cryptocurrencies finally managed to reclaim some ground.Despite the fact that during the past 3 months Bitcoin’s price has shuffled up, its current price point is still...

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