Cryptocurrency hedge funds to entice universities’ investments
Jun 07, 2018 10:05 am UTC| Digital Currency Research & Analysis Insights & Views Commentary
The universities across the US are keen on investing their money into Cryptocurrency Avenue for their endowment funds (especially hedge funds). Likewise, their students, one-third of whom are huge fans of cryptocurrencies...

FxWirePro: ETH/USD holds cloud support, bias neutral
Jun 07, 2018 08:49 am UTC| Digital Currency
ETH/USD remains rangebound on Thursday and is trying to hold above 600 levels (Coinbase). On the upside, the pair faces resistance at 627 (55-EMA) and a break above would target 657 (50-DMA). Further strength would...

FxWirePro: BTC/USD hovers around 7700, decisive break above 20-DMA to see minor bullishness
Jun 07, 2018 07:58 am UTC| Digital Currency
BTC/USD continues to consolidate in a narrow range and is trying to hold above 20-DMA. It is currently trading at 7703 levels at the time of writing (Bitstamp). On the top side, a decisive break above 7657 (20-DMA)...
Jun 07, 2018 07:11 am UTC| Digital Currency Research & Analysis Insights & Views
A New York based asset manager, VanEck, has announced joint venturing with SolidX to list a physically-backed bitcoin ETF (exchange traded fund). The proposed ETF would be indemnified against loss or theft or any damages...
Pros and Cons: What Fidelity Investments’ cryptocurrency offering would entail?
Jun 07, 2018 05:14 am UTC| Digital Currency Fintech
Financial services giant Fidelity Investments is planning to enter the cryptocurrency ecosystem, according to a report from Business Insider. Internal job postings from the company have revealed that Fidelity is on a...

FxWirePro: ETH/USD rangebound, break above 55-EMA targets 666
Jun 06, 2018 11:41 am UTC| Digital Currency
ETH/USD is extremely rangebound on Wednesday with its upside capped by 100-DMA. It is currently trading at 605 levels (Coinbase). On the upside, a consistent break above 612 (100-DMA) would see the pair testing 628...
Cryptocurrency exchange Huobi to develop own public blockchain
Jun 06, 2018 11:08 am UTC| Digital Currency
Leading cryptocurrency exchange Huobi is seeking to build its first public and decentralised blockchain, according to South China Morning Post. Huobi will fund the blockchain, dubbed Huobi Chain, with 30 million Huobi...