Mark Carney of BoE jumps back on the bandwagon of digital currencies but keeps risks at bay
May 29, 2018 11:19 am UTC| Digital Currency Research & Analysis Central Banks Insights & Views Commentary
Mark Carney, the governor of the United Kingdoms central bank (Bank of England) made his remarks on a recent panel in Stockholm on the future of central banking where he stated that he is constructive and liberal to the...

FxWirePro: TRON/USD recovers slightly as MainNet to be launched on May 31st, good to buy on dips
May 29, 2018 11:16 am UTC| Digital Currency
Tron is continuing its minor weakness and has declined more than 45% from the high of $0.1023 made on Apr 30th 2018. Overall the pair jumped almost 350% from the low of 0.02280 made on Apr 1st 2018 low. Market expects...
Indian telecom regulator TRAI proposes blockchain use to curb spam calls and SMS
May 29, 2018 11:08 am UTC| Digital Currency
The Telecom Regulatory Authority of India (TRAI) seeks to leverage blockchain technology to curb spam calls and SMSes, The Economic Times reported. The regulator has published new draft norms that outline using...

FxWirePro: ETH/USD holds 1w 55-EMA support, break below targets 460
May 29, 2018 10:32 am UTC| Digital Currency
ETH/USD is holding well above 500 levels on Tuesday as it found support at 1w 55-EMA. It is currently trading at 523 levels at the time of writing (Coinbase). On the upside, the pair faces resistance at 542 (1h 50-SMA)...
South Korea’s National Assembly proposes lifting ICO ban
May 29, 2018 10:03 am UTC| Digital Currency
The South Korean National Assembly has officially proposed lifting the ban on domestic initial coin offerings (ICOs), Business Korea reported. In September 2017, the Financial Services Commission (FSC), a central...
Chinese police cracks down $47M pyramid scheme disguised as blockchain project
May 29, 2018 09:22 am UTC| Digital Currency
Chinese police authorities have busted a pyramid scheme that disguised itself as a blockchain project, China Money Network reported citing local news sources. A gang of over 10 suspects has been arrested by the police...

FxWirePro: BTC/USD drops to near 7000, good to go short on break below trend line support at 6970
May 29, 2018 07:34 am UTC| Digital Currency
BTC/USD is continuing its downtrend on Tuesday and has dropped to 7026 levels so far in the day. It is currently trading at 7117 levels at the time of writing (Bitstamp). On the top side, resistance is seen at 7257 (1h...