Tag Archives: News

In direct competition to ICE‘s Bakkt platform, cryptocurrency exchange ErisX has launched its physically-settled Bitcoin futures contracts. In an official announcement on Monday, December 17, ErisX said that it will make its futures contracts available in the U.S. as of now.The product dubbed “Futures Digital Currency Products” will start trading today onwards from 8:00 a.m. Central Time (14:00 UTC). As per CoinDesk, ErisX’s Bitcoin futures will trade alongside its existing cryptocurrency...

ADA price is under a lot of pressure below the $0.0350 level against the US Dollar.The price is down more than 10% and it traded close to the $0.0300 support.There is a major bearish trend line forming with resistance near $0.0355 on the 4-hours chart (data feed via Kraken).The price could recover in the near term as long as it is above the $0.0300 support.Cardano price is in a strong downtrend against the US Dollar and bitcoin. ADA price could correct higher, but the $0.0330 and $0.0350...

In nowadays world, privacy is everything. Privacy is a worthy asset in the world where almost anyone who is internet-connected, can find each and every data possible. In crypto space, privacy seems to be even more. Every day more and more companies are becoming aware of how important it is to ensure privacy for their customers. Zk-SNARK is a technology of a so-called of zero-knowledge cryptography. TRON Foundation and its founder Justin Sun seem to be starting to get it. Reportedly, Sun...

Bitcoin price is declining steadily and it recently traded below the $7,000 support against the US Dollar.The price is now consolidating losses above the $6,540 support area.There is a major bearish trend line forming with resistance near $6,920 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could extend its decline below $6,500, but the $6,240 and $6,200 supports hold the key.Bitcoin price is showing signs of bearish continuation below $6,540 against the US...

An office representing the Fidelity Investments firm (based in the U.S.) has opened its doors to the Europeans. On December 16, the U.K. based entity started giving hedge funds, family offices, and fund managers across the EU a possibility to buy or sell digital assets.In an interview for FNL, Michael O’Reilly, COO at Fidelity Digital Assets, have said that the company won’t even have to pass through additional law procedures:“We’ll make sure that we’re compliant with any UK or any other...

Karuschain – a blockchain company that seeks to connect distributed ledger technology to the world of precious metals – has hired the “Bitcoin Man,” Herbert R. Sim, as its latest adviser and investor.Karuschain Mixes Blockchain with Precious MetalsIn a statement, the company’s CEO Richard Verkley announced:We are pleased to have ‘the Bitcoin Man’ himself coming in as a lead investor, and simultaneously as a key adviser. His years of experience in the blockchain and cryptocurrency industry...

It’s happened again, folks. Another massive cryptocurrency hack is in the books. This time, the subject of the attack is VeChain, an enterprise blockchain platform that’s reporting losses of nearly $7 million.VeChain Is In the PitsApproximately 1.1 billion VET tokens – the official cryptocurrency of VeChain – have been stolen, amounting to roughly $6.53 million USD. In a blog post, the company states that the hack came about due to “human error” and the “mismanagement of the private key by...

Oh, Nicolas Maduro… When are you going to take a hint and realize that the people of your country aren’t interested in your silly little Petro coin?The Petro Isn’t That PopularIn his never-ending quest to push a centralized, socialist form of cryptocurrency, Nicolas Maduro – president of Venezuela – has announced that he will invoke an airdrop in which one unit of Petro will be offered to every public worker living within his country’s borders.The airdrop is set to take place at around...

In what seems like a perfect match, Accenture has entered into a working relationship with a blockchain startup TradeIX to begin onboarding service for clients onto the Marco Polo Network. Sources have indicated that the relationship between the two entities began after Accenture made a yet-to-be-known investment in TradeIX. Accenture will provide specific use-case scenarios that go beyond their traditional banking services to provide unique solutions that involve trade finance for clients...

2019 has been a very interesting year for the stock market. While it has had its ups and downs as should be normally expected, it’s performed quite impressively regardless of certain issues. One of the most popular issues that have affected the stock market and the economy at large is the trade war between the U.S. and China that has been going on for a while now. Both countries have repeatedly slammed each other with tariffs that have had significant effects on both economies. However, both...