Bitcoin recovers as Google and Facebook change stance towards cryptocurrencies
Jul 23, 2018 09:59 am UTC| Digital Currency
Social networking giant Facebook has whitelisted cryptocurrency exchange Coinbase after it lifted its ban on crypto ads recently, FxStreet reported. Coinbase CEO Brian Armstrong last week said in a...
Chinese city of Nanjing announces $1.5B blockchain investment fund
Jul 23, 2018 09:17 am UTC| Digital Currency
Nanjing, the capital of Chinas Jiangsu province, in collaboration with Zhongguancun Blockchain Industry Alliance, has announced a 10 billion yuan ($1.48 billion) blockchain investment fund to foster blockchain ecosystem in...
Jul 23, 2018 09:13 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
Gary Gensler, who served as the 11th chairman of the Commodity Futures Trading Commission under President Barack Obama from 2009 to January 3, 2014, and served as Co-head of finance at Goldman Sachs, is now playing a role...
Jul 23, 2018 07:46 am UTC| Research & Analysis Digital Currency Insights & Views
Ever since Bitcoin prices are bottomed out at $5,755 levels, bullish sentiments have been intensified. Technically, BTCUSD bulls likely to break-out stiff resistance, for now, more upswings on cards as the current prices...
FxWirePro: BTC/USD trades higher, good to go long on break above cloud
Jul 23, 2018 07:18 am UTC| Digital Currency Technicals
BTC/USD is trading higher on Monday as it broke above the trend line joining 9948.98 and 7599.98. It is currently trading at 7665 levels at the time of writing (Bitstamp). On the topside, the pair is hovering around...
China’s Xiongan New Area signs MoU with ConsenSys for blockchain implementation
Jul 23, 2018 06:50 am UTC| Digital Currency
Xiongan New Area, Chinese president Xi Jinpings ambitious plan to build a dream city, has signed a memorandum of understanding (MoU) with the U.S.-based blockchain startup ConsenSys to implement blockchain technology into...
Asian fund management company to launch crypto custody service
Jul 23, 2018 06:00 am UTC| Digital Currency Fintech
Fusang Investment Office, an Asian fund management firm focused on family businesses, is seeking to launch a crypto-custody service in Hong Kong, South China Morning Post reported. Chief Executive Officer Henry Chong...
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