“Here’s another US-based Blockchain ETF Company” - Talk of the FinTech universe
May 17, 2018 11:56 am UTC| Fintech Digital Currency Insights & Views
A couple of days ago, NASDAQ was already supporting existing crypto exchanges. It also proclaims a collaboration with cryptocurrency exchange Gemini, founded by one of the pioneer bitcoin investors Tyler and Cameron...
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...
Circle attracts $110M in Series E round, announces dollar-pegged cryptocurrency ‘USD Coin’
May 16, 2018 11:20 am UTC| Digital Currency
Blockchain-based payments startup Circle made two major announcements a $110 million Series E round and tokenized US dollar coins USD Coin. The funding round was led by Bitmain and drew support from existing investors...

FxWirePro: ETH/USD upside capped by 10-DMA, good to go short on break below 200-DMA
May 16, 2018 10:32 am UTC| Digital Currency
ETH/USD failed to break above 10-DMA and is trading tad lower at 696 levels at the time of writing (Coinbase). On the upside, a decisive break above 719 (10-DMA) would see the pair testing 775 (trend line joining...