Financial Industry News
Ethereum is struggling to break the $205 and $210 resistance levels against the US Dollar. ETH price is currently declining and it remains at a risk of a larger decline below $200. Ethereum is facing a strong resistance near the $204 and $205 levels. The price might continue towards the $192 support if it fails […]
Continue ReadingRMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology. The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone & Chalk to offer a graduate certificate in cyber security and graduate certificate in blockchain-enabled business. The programs […]
Continue ReadingAfter trading below $9,000 for over a day, Bitcoin finally pushed past that level just minutes ago. BTC has not seen a massive rally from the weekly lows of $8,600, but $9,000 is a key technical and psychological resistance, analysts say, making the reclamation of the level that much more notable. Bitcoin price chart from […]
Continue ReadingThailand is teaming up with a blockchain firm to encourage peer-to-peer trading of renewable energy. Announced on Monday, Thai Digital Energy Development (TDED) – a public-private joint venture – has inked a deal with blockchain energy startup Power Ledger to develop a blockchain-based digital energy business. The deal, also in collaboration with energy suppliers in […]
Continue ReadingBitcoin whales have started accumulating more tokens after the cryptocurrency’s price dipped below $9,500, according to data aggregator Santiment. Historical data shows that affluent crypto holders are trading bitcoin short-term to extract maximum profits. It suggests an interim price recovery could be underway but warns about a broader downtrend ahead. Ever since Bitcoin broke bearish […]
Continue ReadingIndia’s largest cryptocurrency exchange, CoinDCX, has secured a $2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures. The investment aims to reinforce the exchange’s efforts to drive cryptocurrency adoption in the country after a major legal victory in March. CoinDCX’s #TryCrypto campaign seeks to bring the total number of crypto users […]
Continue ReadingBitcoin and Gold ditched their safe-haven narratives to move alongside the risky U.S. equities amid a global healthcare crisis. While Bitcoin crashed to below $4,000 in an overnight dump on March 12, Gold logged its worst week in eight years. Both hedging assets suffered because of significant market manipulations in their market, according to researchers […]
Continue ReadingBitcoin is currently correcting higher from $8,645 against the US Dollar. BTC price needs to clear the $9,100 resistance area to start a strong upward move and avoid a major downtrend. Bitcoin is facing a couple of key hurdles near the $9,000 and $9,100 levels. The price must settle above the 100 hourly simple moving […]
Continue ReadingCoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in March, in which CoinCDX secured $3 million from Bain Capital, Polychain and HDR Group, the operator […]
Continue ReadingThe events seen within the crypto market on March 12th – a day now known as “Black Thursday” – were extreme and have sparked a lasting shift in dynamics amongst Bitcoin investors. One of the most prominent changes brought about by this recent meltdown can be seen while looking at the balance of BTC on […]
Continue Reading