Day: August 29, 2018

Ripple (XRP) Price Watch: Rejected at Range Resistance

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Ripple Price Key Highlights Ripple has been on a tear but is currently hitting a roadblock at the top of its 1-hour range. If the ceiling keeps holding, price could slide back to the bottom or the mid-range area of interest. Technical indicators are giving mixed signals on whether the range resistance would hold or not. Ripple is currently testing the top of its range visible on the 1-hour time frame, still deciding whether to make a bounce or break. Technical Indicators Signals The 100 SMA just crossed above the…

Canadian based Coinsquare announces European expansion

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Coinsquare, Canada’s cryptocurrency trading platform for Bitcoin, Ethereum, and other cryptocurrencies, have announced a planned expansion into Europe for Q4 2018. With the expansion, this move signals continued interest in cryptocurrencies and with Canadian cryptocurrency industry, as well as signalling growth with Coinsquare itself. The outcome is that Customers throughout Europe will have access to Coinsquare’s entire suite of coins, with are: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, XRP, Dogecoin, and Dash. The coins will be accessible Coinsquare’s via trading platform. The last two years have seen a big rise with the total…

Bitcoin Cash Price Analysis: BCH/USD’s Dips Supported Near $550

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Key Points Bitcoin cash price extended gains and moved above the $560 and $570 levels against the US Dollar. There are two bullish trend lines formed with support at $555 and $535 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently correcting lower from the $575 high and it could test the $550 support. Bitcoin cash price is back in a positive zone above $550 against the US Dollar. BCH/USD is likely to extend gains once it completes the current correction. Bitcoin Cash…

Bitcoin (BTC) Price Watch: More Buyers Waiting to Join

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Bitcoin Price Key Highlights Bitcoin price is still on a tear, making its way up to the top of an ascending channel on the 1-hour chart. Price could be due for a pullback to the channel bottom from here in order to gain more bullish momentum. The Fib levels on the latest swing low and high show the areas where buyers might be waiting. Bitcoin price could be due for a quick pullback from its ongoing climb as buyers wait to hop in at better prices. Technical Indicators Signals The…

Some Crypto Mining Apps Remain in Google Play Store Despite Recent Ban

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According to a report by the Next Web published on August 28, several cryptocurrency mining apps remain in the Google Play Store despite the ban. On July 27, Google banned crypto-mining apps from its Play Store. An update to Google’s developer policy read that “we don’t allow apps that mine cryptocurrency on devices.” The company gave mining app developers a 30-day grace period to revise their products in order to comply with the new terms. The deferral period has passed, but some apps that enable on-device mining are still available…

XRP Gains After Brad Garlinghouse Q3 Upbeat Expectations

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Even as XRP proponents insist that the coin is fully decentralized and a utility, XRP is technically in a down trend aside recent recovery. Fundamentally, we expect a recovery in sync with Brad Garlinghouse comments that institutional money will be funneled to XRP this quarter and our optimism seems to be high now that prices are actually expanding with XRP printing a five percent gain in the last week and in the past 24 hours. News Highlights In recent weeks, eToro, the Tel Aviv based social trading platform has been…

Tech Mahindra teams up with Microsoft to curb spam calls and SMS

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Tech Mahindra and Microsoft have partnered to develop blockchain-based technology to curb pesky calls and SMS as recommended by Telecom Regulatory Authority of India (TRAI). “Tech Mahindra…announced today its collaboration with Microsoft to create a Distributed Ledger Technology (DLT)-based solution to build a robust ecosystem in line with the regulations issued by TRAI,” a joint statement by the two companies said. Based on blockchain technology and built on Microsoft Azure, the solution aims at mitigating the issue of unsolicited commercial communication (UCC) in the country, it said. According to TRAI’s…

The Associated Press Partners With Blockchain-Based Journalism Firm

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The Associated Press (AP) news agency has inked a content licensing partnership with blockchain-based startup Civil, according to an official announcement Tuesday, August 28. AP is reportedly interested in exploring ways to secure intellectual property rights, support ethical journalism, and track content usage with blockchain technology. As part of the project, AP will deliver its content, including national and international news to Civil, so that news agencies can access it on the platform. Any newsroom wishing to access AP content will be licensed directly by AP. As part of the…

42% of Top 50 Universities Offer at Least One Crypto-Related Class

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A recent study by the U.S. crypto exchange Coinbase has shown that 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies or blockchain. The results of the study were published on Coinbase’s official blog Tuesday, August 28. The research was jointly conducted by Coinbase and survey company Qriously. Together they interviewed 675 U.S. college students and reviewed courses at 50 international universities. Of the 172 classes reviewed in the study, 15 percent were offered by economics, finance, law and business departments, while 4 percent…

18% of Students, Twice the U.S. Average, Own Cryptocurrency: Survey

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A majority of U.S. students want to take up a course on cryptocurrency and blockchain technology and twice the country’s average own cryptocurrency. Students Twice as Likely to Own Cryptocurrency as Average Person According to a recent nationwide survey of 675 students conducted by digital currency exchange Coinbase in partnership with Qriously, 18 percent of students said they own cryptoassets, while a quarter of them said that they would definitely take a cryptocurrency or blockchain-centric course. David Yermack, the finance department chair at New York University Stern School of Business, said that…