FxWirePro: ETH/USD rangebound, break below 200-DMA targets 620
May 17, 2018 10:53 am UTC| Digital Currency
ETH/USD continues to trade in a narrow range on Thursday as it tries to hold above 200-DMA. It is currently hovering around 700 levels at the time of writing (Coinbase). On the upside, the pair faces resistance at 715...
Banco Santander uses blockchain for investor voting at Annual General Meeting
May 17, 2018 10:15 am UTC| Digital Currency
Spanish banking giant Banco Santander has announced it used blockchain technology for investor voting at its annual general meeting (AGM). The pilot was run in collaboration with fintech company Broadridge, as well as...
Veridium taps IBM Blockchain to help companies offset environmental footprints
May 17, 2018 09:10 am UTC| Digital Currency
An environmental startup is seeking to tap IBM Blockchain to simplify offsetting environmental footprints for companies. Veridium Labs is teaming up IBM to leverage its blockchain technology and expertise to transform...
James Bullard of Federal Reserve keen on “Stable Money Than Volatile Crypto” at consensus conference
May 17, 2018 08:35 am UTC| Digital Currency Fintech Insights & Views Central Banks
At this years consensus conference in New York City, James Bullard, St. Louis Federal Reserve President, was lately questioned. The chief candidate to form the US monetary policy was in attendance is victory enough;...
FxWirePro: BTC/USD hovers around 50-DMA with bearish bias, stay short
May 17, 2018 07:25 am UTC| Digital Currency
BTC/USD is trading in a narrow range on Thursday and hovering around 50-DMA at 8326 levels at the time of writing (Bitstamp). On the top side, the pair faces strong resistance at 8691 (10-DMA) and a break above would...
Thai regulations now levy capital gain tax on ‘Cryptocurrency Trading’
May 17, 2018 07:25 am UTC| Digital Currency Insights & Views Governance
The regulatory frameworks in Thailand seem stringent, however, it would be convenient when people abide by the fundamental guidelines. While the ban on Bitcoin and altcoins trading is unlikely under any circumstances. That...
Japanese banking giant plans large-scale trial of own cryptocurrency ‘MUFG Coin’: Report
May 17, 2018 06:53 am UTC| Digital Currency
The banking arm of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is planning to test its own cryptocurrency as early as 2019, CoinTelegraph reported referring to a report from local news outlet NHK. The...
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