Day: October 30, 2018

Regium Solves Data Usage Royalties With Easy-To-Build Blockchain DApps

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The Cayman Islands-based Regium, an upcoming EOS protocol for digital asset management, just announced its continuous compensation and recursive incentive distribution models for decentralized apps developers and digital asset owners. The announced models are expected to help owners gain enhanced data security and control, guarantee usage-based compensation, and allow for data owners to monetize their data to enterprises. Through this move, Regium wants developers and owners to take full control of proprietary data. Dominik Pantelides, the CEO of Regium, says: “Regium will give data owners the tools to create their…

Coincheck Reopens New Signups, Deposits and Withdrawals of ‘Some’ Cryptocurrencies

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Monex Group, the Japanese internet broker that purchased hacked cryptocurrency exchange Coincheck, announced it had reopened new account signups and limited trading in a statement Tuesday, Oct. 30. The latest phase of a step-by-step reboot of Coincheck, Monex added users could also begin depositing and purchasing certain cryptocurrencies. “…Here we announce that Coincheck has resumed ‘new account openings’ and ‘customers’ depositing and purchasing some cryptocurrencies’ services today,” the statement reads. Monex purchased Coincheck for around $33.5 million in April, outlining plans to relaunch the exchange in full compliance with local…

Crypto Price Tracking App CoinTicker Installs Backdoors to Control Host Computer: Report

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Cybersecurity publications were sounding the alarm over cryptocurrency malware again Monday, Oct. 29 after a Malwarebytes forum user reported a price monitoring app for macOS was a trojan. Confirmed in a blog post by the cybersecurity software developer, community member 1vladimir reported suspicious behavior by an app called CoinTicker over the weekend. The app purports to let users track cryptocurrency prices from within the Mac toolbar, which update automatically. “Although this functionality seems to be legitimate, the app is actually up to no good in the background, unbeknownst to the…

JP Morgan’s Ethereum-Based Quorum Blockchain Will Tokenise Gold Bars

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US banking giant JPMorgan Chase Bank’s blockchain, Quorum, will be used to “tokenize” gold bars. Quorum is the enterprise version of the Ethereum blockchain, developed by JPMorgan Chase, will ensure users operate smart contracts while using pre-programmed rules to automate them. The ethereum-based blockchain will afford sustainable miners the opportunity of earning a premium on the global market. In a report on popular news website Financial Review, the development was described as “an indication of new trading opportunities the disruptive technology will create over the coming decade.” When the blockchain…

Ethereum Price Analysis: ETH/USD Sellers In Control Below $200

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Key Highlights ETH price declined sharply and broke the important $197 support against the US Dollar. There was a break below a crucial contracting triangle with support at $199 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $190 and it is currently correcting higher in the near term. Ethereum price declined sharply against the US Dollar and bitcoin. ETH/USD moved into a bearish zone below the $200 and $197 support levels. Ethereum Price Analysis After trading in a range for a few…

Ripple Price Analysis: XRP/USD’s Downside Thrust and Reversal

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Key Highlights Ripple price declined sharply, but the $0.4340 support acted as a solid support against the US dollar. There is a connecting bearish trend line formed with resistance at $0.4485 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could find sellers near the $0.4485 and $0.4500 levels, but dips remain supported. Ripple price declined recently against the US Dollar and Bitcoin. However, XRP/USD found a strong buying interest near $0.4340 and recovered nicely. Ripple Price Analysis There was yet another rejection noted near…

Bitcoin Cash Price Analysis: BCH/USD Turns Bearish Below $420

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Key Points Bitcoin cash price declined sharply and broke the $434-435 support area against the US Dollar. There is a major bearish trend line in place with resistance at $435 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair was rejected near the trend line, igniting a sharp decline towards $400. Bitcoin cash price turned south and broke the $430 and $420 support against the US Dollar. BCH/USD could recover but it is likely to face sellers near $420-425. Bitcoin Cash Price Analysis After consolidating…

EOS Price Watch: Sharp Triangle Breakout

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EOS Price Key Highlights EOS made a strong downside break from its symmetrical triangle consolidation pattern to signal that a downtrend is underway. Technical indicators are also reflecting the presence of selling pressure that could take price much lower. EOS could fall by the same height as the triangle pattern, which spans 4.200 to 6.600. EOS made a downside break from its symmetrical triangle consolidation to signal that a downtrend is about to happen. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA to confirm that the…

Bitcoin (BTC) Price Watch: Bullish Channel Still Intact

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Bitcoin Price Key Highlights Bitcoin price broke down from its short-term consolidation and is down to the longer-term channel support. A bounce could still allow the uptrend to resume and take price to the resistance at $7,000. A break below current levels could lead to a pickup in selling pressure and prolonged declines once more. Bitcoin price tumbled below its short-term consolidation to test the bottom of its ascending channel on the 4-hour chart. Technical Indicators Signals The moving averages are oscillating to reflect earlier range-bound conditions and have yet…

Thomson Reuters Partners With Startup for Next Level Derivatives Exchange

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Thomson Reuters (TR) provides trusted data and information to professionals across the legal, tax and accounting, and news and media industries. Operating in more than 100 countries, TR lists its shares on both the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSE). The company has now expanded its scope and entered into the realm of blockchain technology and artificial intelligence (A.I.). Last month, the peer-to-peer (P2P) blockchain startup Level01 announced its partnership with TR in order to create a “derivatives” exchange that would change how parties interact with…