Apr 24, 2018 12:10 pm UTC| Research & Analysis Digital Currency
Although weve seen exponential capital appreciation in BTCUSD, the same has the terrible start to begin with 2018 which is the prominent appeal for the hedge fund companies that make money regardless of bullish and bearish...
FxWirePro: BTC/EUR on track to test 200-DMA at 7976, good to go long on dips
Apr 24, 2018 11:42 am UTC| Technicals Digital Currency
BTC/EUR has broken the following major resistances raising scope for further upside: 1) Symmetric Triangle 2) Daily cloud 3) 110-EMA Technical studies are bullish, RSI and stochs show bullish momentum. We...
Shenzhen government backs $80M blockchain investment fund
Apr 24, 2018 11:26 am UTC| Digital Currency
A new blockchain investment fund has been announced in China this time backed by the city government of Shenzhen, CoinDesk reported. Earlier this month, a government-backed $1.6 billion blockchain fund was launched in...
FxWirePro: BCH/USD extends cloud breakout, holds above 1500 mark, bias higher
Apr 24, 2018 10:05 am UTC| Technicals Digital Currency
BCH/USD extends breakout above daily cloud, breaks above 110-EMA. The pair now trades above 1500 mark, close above 110-EMA raises scope for further upside. BCH/USD extending upside from multi-week lows of 603.30,...
Central Bank of Iran prohibits banks from using bitcoin
Apr 24, 2018 09:59 am UTC| Digital Currency
The Central Bank of Iran has officially banned the use of cryptocurrencies such as bitcoin in all monetary and financial centers of the country. Citing its reasons behind the ban, the CBI said that various types of...
South Korea’s SK Telecom unveils blockchain business blueprint
Apr 24, 2018 09:09 am UTC| Digital Currency
South Korean telecommunications company SK Telecom has announced plans to use blockchain technology in subscriptions and payments, ZDNet reported. The company established a blockchain unit last year to explore new...
FxWirePro: ETH/USD looks for break above Ichimoku cloud, bias bullish, stay long
Apr 24, 2018 08:19 am UTC| Digital Currency
ETH/USD is continuing its uptrend on Tuesday and trading at 678 levels at the time of writing (Coinbase). On the upside, a consistent break above 681 (Cloud top) would target 700/736 (100-DMA). Further strength would...
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