FxWirePro: ETH/USD hovers around 10-DMA, break above targets 780
May 15, 2018 09:12 am UTC| Digital Currency
ETH/USD is struggling to break above 10-DMA and is currently trading in a close range around 730 levels at the time of writing (Coinbase). On the upside, a decisive break above 730 (10-DMA) would see the pair soaring to...
A glimpse at institutional investors’ perception on crypto avenues
May 15, 2018 07:43 am UTC| Digital Currency Fintech Insights & Views
Amid endless speculation about a crypto-bubble, there has been lingering indecisiveness about regulatory framework on cryptocurrency space, a lack of trusted custodians and concerns about security are key factors that...
FxWirePro: BTC/USD consolidates inside Ichimoku cloud, break above targets 9660
May 15, 2018 07:25 am UTC| Digital Currency
BTC/USD is consolidating in a narrow range inside Ichimoku cloud with its upside capped by 100-DMA. It is currently trading at 8735 levels at the time of writing (Bitstamp). On the top side, the pair faces resistance at...
Reserve Bank of Zimbabwe bans banking services to cryptocurrency exchanges
May 15, 2018 06:45 am UTC| Digital Currency
The Reserve Bank of Zimbabwe (RBZ) has issued an order prohibiting all domestic financial institutions to immediately cease trading or transacting in cryptocurrencies, News Day reported. In a recent circular, RBZ...
First Nasdaq-powered cryptocurrency exchange DX to go live in June 2018
May 15, 2018 06:04 am UTC| Digital Currency
[Update: The article has been edited to include a statement from CEO Daniel Skowronski from the official release.] The first cryptocurrency exchange powered by Nasdaq is going to launch next month, Finance Magnates...
FxWirePro: BCH forms shooting star to signal weakness ahead of imminent hard fork
May 15, 2018 05:39 am UTC| Digital Currency Fintech Technicals
BCHUSD (Bitcoin coin cash) forms shooting stars quite frequently at 1466.9, 1478 and now at 1458 levels, both leading oscillators evidence faded strength and lagging indicators signal uptrend reversal (refer daily chart). ...
Blockchain startup Ripple to grow businesses on XRP ledger with Xpring initiative
May 15, 2018 05:16 am UTC| Digital Currency
Blockchain startup Ripple has announced a new initiative to support projects and companies in the blockchain and digital assets space. Dubbed Xpring (pronounced spring), the initiative will invest in, incubate, acquire...
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