Bank of Japan Governor sees surge in bitcoin price as ‘abnormal’
Dec 22, 2017 07:02 am UTC| Digital Currency
The Bank of Japan Governor Haruhiko Kuroda on Thursday said that the recent splurge in bitcoin price is abnormal, Xinhuanet reported. Bitcoin price has skyrocketed to fresh new highs in the past couple of weeks, nearing...
Coinbase co-founders Fred Ehrsam, Brian Armstrong invest in decentralized derivatives exchange dYdX
Dec 22, 2017 06:30 am UTC| Digital Currency
Decentralized derivatives exchange dYdX has announced that it has raised an equity seed round led by Chris Dixon at Andreessen Horowitz and Olaf Carlson-Wee at Polychain Capital. The funding round also saw participation...
Beverage company Long Island Iced Tea rebrands as 'Long Blockchain Corp.’, stock surges 200 pct
Dec 22, 2017 05:39 am UTC| Digital Currency
In a move to tap into the ongoing blockchain wave, beverage company Long Island Iced Tea Corp. has announced that it is rebranding as Long Blockchain Corp. The company said that it has reserved the web domain...
Samsung SDS trials blockchain for shipping industry
Dec 22, 2017 04:52 am UTC| Digital Currency
A consortium led by Samsung SDS has successfully concluded a blockchain trial on storage in marine transport, The Korea Herald reported. The consortium, which counts 38 entities from private and public sectors, has...
Blockchain technology to bring digital identification to stateless Rohingya people
Dec 22, 2017 04:08 am UTC| Digital Currency
Blockchain technology, which underpins digital currencies such as bitcoin, will be used to solve the problem of identification faced by Rohingya people, the worlds biggest stateless minority. According to Reuters, a...

FxWirePro: ETH/USD hovers around 113% fib, decisive break above to see further upside
Dec 21, 2017 11:35 am UTC| Digital Currency
ETH/USD has restored its strength to 800 levels after it dipped to 710 levels on December 20. It is currently trading at 806 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

FxWirePro: BTC/USD bounces off 20-DMA support, break above 10-DMA to see further upside
Dec 21, 2017 08:45 am UTC| Digital Currency
BTC/USD found support at 20-DMA on Wednesday which halted its downtrend. It is currently trading at 16800 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 17504.52 Kijun Sen:...