FxWirePro: BTC skyrockets the pace on the brink of derivatives market developments
Dec 07, 2017 07:47 am UTC| Digital Currency Research & Analysis Insights & Views
Lets just know as to how the Bitcoin price (or any other cryptocurrencies) seems to have exceeded the expectations briefly for the first time in this week before we proceed further with why it has shown such a movement;...

FxWirePro: BTC/USD tests 14000, trend extension targets 14300
Dec 07, 2017 07:09 am UTC| Digital Currency
BTC/USD has skyrocketed to 14199 levels so far in the day following a $2000 jump on December 06. It is currently trading at 13955 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan...
UK FCA selects four blockchain firms for third phase of regulatory sandbox
Dec 07, 2017 06:29 am UTC| Digital Currency
The UK Financial Conduct Authority (FCA) has announced the names of the firms that have been selected to begin testing in the third cohort of its sandbox. Four blockchain-based companies have made it to the list this...
NTT Data, MUFG announce blockchain PoC to digitize international trade
Dec 07, 2017 05:34 am UTC| Digital Currency
The Bank of Tokyo-Mitsubishi UFJ, the banking arm of MUFG, and NTT DATA have announced a blockchain Proof-of-Concept (PoC) aimed at strengthening trade ties between Singapore and Japan. The initiative aims to make...
Bitcoin startup BitPay announces $30M Series B funding
Dec 07, 2017 04:38 am UTC| Digital Currency
Leading bitcoin payments processor BitPay has announced that it is raising $30M in a strategic Series B funding round led by Aquiline Technology Growth (ATG), a fund managed by Aquiline Capital Partners. The latest...
ASX to switch to DLT-based system for trade settlement
Dec 07, 2017 03:59 am UTC| Digital Currency
The Australian Securities Exchange (ASX) has announced plans to replace Clearing House Electronic Subregister System (CHESS) using distributed ledger technology (DLT) developed by Digital Asset. ASX uses CHESS to record...
Bitcoin’s spurt catches the eye of Reserve Bank of India again
Dec 07, 2017 03:06 am UTC| Digital Currency
The Reserve Bank of India (RBI) has issued a warning on the risks of digital currencies such as bitcoin, marking the second time the central bank has cautioned cryptocurrency users this year alone. The cautionary note...