Financial Industry News
Coronavirus cases have started spiking in India. Doctors fear the disease will sweep the country. Lack of protective equipment and hunger pose more challenges. As India completes the first week of a 21-day lockdown to contain the spread of the novel coronavirus, a few teething challenges are coming to the fore. First, it has become […]
Continue ReadingAn icy mountain in Norway’s Svalbard – an all but inhabitable, Arctic archipelago covered in glaciers and inhabited by polar bears – is an unlikely safe haven for cryptocurrency code, let alone a pillar of modern-day civilization. But it’s here, 250 meters underground in a forsaken coal mine, that GitHub has chosen to store reams […]
Continue ReadingOnline purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions. With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. […]
Continue ReadingInstitutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC). Despite being far more complex, such instruments allow traders to generate gains independent of what happens over the next weeks or even months, […]
Continue ReadingLindsay Lohan teased a new single, saying “I’m Back!” alongside a mysterious video compilation of her career. Reaction online was mixed, with some expressing excitement and others drawing a groan from the announcement. The Lohan-less decade between her last release of “Bossy” in 2008 and this new teaser signals that a new scourge is coming […]
Continue ReadingBitcoin corrected lower from the $6,600 resistance area against the US Dollar. BTC price is currently holding the key $6,250 support and it could start a fresh increase in the near term. Bitcoin started a short term downside correction from the $6,636 high against the US Dollar. The price is currently holding the key $6,250 […]
Continue ReadingThe Australian National University (ANU)’s law school will roll out two new courses in its Masters program next year exploring the impact of blockchain on the legal field. The courses are being developed with the assistance of Ripple’s Blockchain Research Initiative (UBRI) — a program that seeks to collaborate with universities to examine emerging trends […]
Continue ReadingA new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term. Double jump.tokyo, the game developer behind My Crypto Heroes, commissioned a research team at So & Sato Law Offices to carry out a comprehensive report on digital assets in Japan. […]
Continue ReadingRipple is still struggling to surpass the $0.1780 resistance area against the US Dollar. XRP price is currently holding the 100 hourly SMA and it could rise again. Ripple price is still facing a strong hurdle near $0.1750 and $0.1780 against the US dollar. There key supports forming near the $0.1720 and the 100 hourly […]
Continue ReadingEthereum is still struggling to clear the main $135 resistance area against the US Dollar. ETH price must break the $135 hurdle to start a strong rally in the coming sessions. Ethereum is currently consolidating below the main $135 resistance against the US Dollar. The price is likely to find a decent support near the […]
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