Day: October 4, 2018

Enterprise Ethereum Alliance Announces Strategic Partnership With Hyperledger

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The Enterprise Ethereum Alliance (EEA), a consortium made up of more than 300 organizations united to develop enterprise solutions based on the Ethereum blockchain, announced yesterday a strategic alliance with the Hyperledeger group, an initiative promoted by The Linux Foundation created to advance cross-industry blockchain technologies. According to a press release published on the official blog of the Enterprise Ethereum Alliance (EEA) , the two teams joined forces to “accelerate adoption of blockchain technologies for business. They comment that having similar objectives, the idea is to work together instead of…

BCH Tops Performance despite Losses

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Even with lower lows in the last day, Bitcoin Cash is a top performer in the last week. Despite losses, BCH could benefit from strong volumes backing recent revivals. Further supporting price is the increase in adoption and expected coin listing from the regulated Gemini. Latest Bitcoin Cash News Bitcoin Cash Talk forum is for discussing matters related to Bitcoin Cash only. Though controversial—because it clones the original BitcoinTalk forum, the publishers of the site say the forum is “for all discussion related to Bitcoin as a peer-to-peer electronic cash…

Monero Breaks below Main Support Trend line

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It’s back to red with altcoins losing on average five percent in the last day. Litecoin and Stellar Lumens are top losers shedding five percent. Factoring in candlestick arrangement, it is likely bears will drive prices towards previous support lines in coming days. Because of this, we recommend selling Monero at spot prices in sync with Sep 5 bears with stops at $120. Let’s have a look at these charts: EOS Price Analysis Aside from Huobi collusion accusation which we highlighted earlier, there is nothing market moving per say. In…

Crypto Exchange Poloniex Removes Margin and Lending Products for US Users

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U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3. Poloniex is a cryptocurrency trading platform founded in 2014 and designed as a digital-currency-to-digital-currency exchange. In 2018, Poloniex was acquired by Dublin-based payments technology firm Circle for $400 million. Currently, Poloniex is ranked 38th by the adjusted trading value, according to CoinMarketCap. According to the statement, the exchange will remove its margine and lending products for U.S.-based customers by the end…

Bank of America Thinks Blockchain Could be a $7 Billion Market

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Bank of America research analysts have predicted that blockchain technology could represent a multi-billion dollar industry down the road, and be of particular benefit for leading companies like Amazon and Microsoft. BoA: Many Can Benefit From Blockchain The analysts predicted the total addressable blockchain market would eventually hit $7 billion, but there was not a particular timeline for the market growth since the technology is not yet widely used. CNBC reported that the market estimate was predicated on the assumption that 2% of servers would one day be used to run…