Fortune Releases First-Ever Crypto-Focused ’40 Under 40′ Annual Rankings

For the first time, Fortune has created a crypto-focused version of its prestigious “40 under 40” honor roll for the most impressive young disruptors in the finance and technology industry, published July 23. Dubbed “The Ledger 40 under 40,” the list is dedicated to innovators at the helm of the “financial revolution” ushered in by cryptocurrencies, blockchain, and other distributed ledger technologies. Last week, five crypto industry representatives had already clinched four spots on Fortune’s existing “40 under 40” — all of whom reappear in the inaugural Ledger list. These…

Everledger’s Leanne Kemp on How to Enable Marketplaces with Fair Pricing

This interview has been edited and condensed. Leanne Kemp is the founder of blockchain platform Everledger, which tracks high-class assets like diamonds in order to reduce fraud and promote more viable marketplaces. Cointelegraph spoke to Kemp about how the service’s role as a global digital registry can help ensure ethical trade across a variety of assets. In the interview, Kemp explains how she considers Everledger’s role to be an anchor between the crypto space and the “real world,” providing a provenance platform to develop sustainable practices across the diamond industry.…

Who Are the Brightest Minds in Crypto Featured Among Fortune’s ‘40 Under 40’

The world of finance is driven by some of the greatest minds out there, but every year we see new faces pop up on the list of the industry’s most influential. This month, Fortune released their list of ‘40 under 40,’ a compendium of the most influential figures in the global business space. The usual suspects featured in this awe-inspiring group include Instagram’s co-founder and CEO Kevin Systrom, Facebook CEO Mark Zuckerberg and AirBNB co-founder Brian Chesky, to name but a few. The list also features prominent leaders of some…

Bitcoin Price Watch: BTC/USD Hits $8,500, Eyes Correction

Key Points Bitcoin price extended gains and traded close to the $8,500 target against the US Dollar. There is a short-term ascending channel in place with support at $8,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains in an uptrend, but it could correct a few points towards $8,200 in the near term. Bitcoin price climbed further towards $8,500 against the US Dollar. BTC/USD remains supported on dips near the $8,300 and $8,200 levels. Bitcoin Price Analysis This week, we discussed about Bitcoin…

Cardano Price Analysis: ADA/USD Primed for Gains above $0.1800

Key Highlights ADA price moved into a bullish zone above the $0.1600 and $0.1700 levels against the US Dollar (tethered). There is a tiny connecting bearish trend line with resistance at $0.1780 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported above the $0.1700 and the 100 hourly simple moving average. Cardano price is placed in a bullish zone against the US Dollar and Bitcoin. ADA/USD has to move past $0.1800 to gain traction in the near term. Cardano Price Analysis There…

Ripple Price Analysis: XRP/USD Sighting Break Above $0.4700

Key Highlights Ripple price is slowly recovering and is currently trading above $0.4500 against the US dollar. There is a major bearish trend line in place with resistance at $0.4680 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.4680 and $0.4700 resistance levels to make a nice upward move. Ripple price is facing tough barriers against the US Dollar and Bitcoin. XRP/USD may perhaps break the $0.4700 resistance to move into a bullish zone. Ripple Price Resistance There were…

Japanese Crypto Exchanges Push for Limit on Margin Trading Borrowing

A self-regulatory organization formed by cryptocurrency exchanges in Japan is proposing a limit on how much investors can borrow when margin trading. According to a report from Jiji Press on Tuesday, the Japan Virtual Currency Exchange Association (JVCEA) has suggested domestic trading platforms enforce a restriction that investors can only borrow up to four times their deposit. The JVCEA said the proposed plan aims to protect domestic investors because there are currently no market rules governing the upper limit of how much cryptocurrency investors can borrow in margin trading. According to…

Ethereum Price Analysis: Can ETH/USD Hold Gains Above $466?

Key Highlights ETH price started a fresh upside move and traded above the $465 and $470 resistances against the US Dollar. There was a break above a major declining channel with resistance at $461 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently placed nicely in an uptrend with a key support near the $466 level. Ethereum price is on the move above $465 against the US Dollar. ETH/USD is likely to break the $485 high for more gains in the near term. Ethereum Price…

XRP’s Drop in Line with Other Crypto ‘Underscores XRP’s Independence from Ripple’

Ripple has released the second quarter 2018 report for its digital asset XRP today, July 24. According to the report, Ripple’s sales of XRP tokens were a “drop in the bucket” compared to the total XRP market. Per the report, Ripple sold $75.53 million in Q2 in total. Of this amount, the company sold $56.66 million via programmatic sales, which amounted to 0.125 percent of Ripple’s $45.35 billion in sales during the whole second quarter. Direct sales amounted to $16.87 million, carried out via Ripple’s subsidiary XRP II, LLC, a…

Tron (TRX) Price Watch: Small Reversal Pattern Sighted!

Tron Price Key Highlights Tron price could have another shot at a rally as it broke above the neckline of a short-term double bottom. Price is hitting resistance around 0.0400 and may be due for a pullback before resuming the climb. Applying the Fibonacci retracement tool shows the nearby support levels where more buyers might be waiting. Tron price confirmed a short-term double bottom but might need to make a pullback to gather more bullish momentum. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA to confirm…