Overstock’s blockchain subsidiary tZERO and BOX Digital to launch security token exchange
May 23, 2018 11:13 am UTC| Digital Currency
Online retail giant Overstocks blockchain subsidiary tZERO has announced a joint venture with BOX Digital to launch a regulated security token exchange. The companies entered into a letter of intent last week to set up...

FxWirePro: ETH/USD breaches 200-DMA support, break below 50-DMA targets 600
May 23, 2018 10:27 am UTC| Digital Currency
ETH/USD is trading lower on Wednesday as it broke below 200-DMA. It is currently trading at 620 levels at the time of writing (Coinbase). On the upside, the pair faces resistance at 655 (100-DMA) and a break above would...
Huobi.Pro launches cryptocurrency index ‘HUOBI 10’
May 23, 2018 09:49 am UTC| Digital Currency
Cryptocurrency exchange platform Huobi.Pro today launched Huobi 10 Index a composite price index that will track 10 popular coins that are traded against USDT (USD Tether) on its platform. According to the official...
CFTC and SEC chiefs uphold inexplicable universe of digital assets and ICOs
May 23, 2018 08:46 am UTC| Research & Analysis Digital Currency Fintech Insights & Views
The North American Securities Administrators Association (NASAA) announced: Operation Cryptosweep a coordinated enforcement action targeting fraudulent initial coin offerings (ICOs), Commodity Futures Trading Commission...

FxWirePro: BTC/USD breaks below 8000, bias bearish, stay short
May 23, 2018 07:28 am UTC| Digital Currency
BTC/USD has broken the trend line support joining 6427.16 and 7929.53 and is currently trading at 7935 levels at the time of writing (Bitstamp). On the top side, resistance is seen at 8060 (trend line joining 6427.16...
Top ten cryptocurrencies likely to go through the roof soon: John McAfee
May 23, 2018 06:01 am UTC| Digital Currency
IT and cybersecurity expert John McAfee believes that the cryptocurrency market will soon turn bullish with the influx of institutional investors. Recent surveys and announcements from banking giants also suggest that...
Energy Demand of Cryptocurrency is Becoming a Growing Concern
May 22, 2018 13:58 pm UTC| Digital Currency
There are several disadvantages that cryptocurrency has. Its volatile. Regulation around it is in its infancy stage. But perhaps the biggest setback it brings is the amount of energy it consumes in order to achieve...