Day: January 17, 2019

Crypto Exec Wary Of Ethereum Futures, As Bitcoin ETF Talk Mounts

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Launch of Ethereum Futures Still ‘Up In The Air’ In mid-December, as CBOE’s and CME’s Bitcoin (BTC) futures offering turned one-year-old, rumors began to mount regarding a similar vehicle for Ethereum (ETH). As reported by Ethereum World News, the U.S. Commodities Futures Trading Commission, the financial regulator that holds jurisdiction over certain crypto instruments, began to look into Ether. In a public release, the somewhat crypto-friendly body wrote: The RFI [Request For Information] also seeks to understand similarities and distinctions between Ether and bitcoin, as well as Ether-specific opportunities, challenges, and risks. As…

Ripple Price Analysis: XRP Could Target Fresh Weekly Lows

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Ripple price is struggling to gain momentum above the $0.3300 and $0.3320 resistances against the US dollar. There is a key bullish trend line formed with support at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break to the downside if sellers push the price below $0.3200 and $0.3150. Ripple price is slowly moving into a bearish zone against the US Dollar and Bitcoin. XRP/USD could accelerate losses if buyers continue to struggle above $0.3300 in the near term. Ripple Price Analysis…

BAT Outperforms Bitcoin, XRP On New Brave Browser “Rewards” Feature

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Brave Browser Announces BAT “Rewards” Feature On Tuesday, Brave Browser, a crypto-friendly internet application headed by the founder of Mozilla Firefox, Brendan Eich, made a surprising announcement, seemingly aiming to start of 2019 with a proverbial bang. Via a company release, conveyed through its in-house blog, the Brave and Basic Attention Token (BAT) team, which consists of Eich, coupled with an array of fintech, Silicon Valley, and crypto veterans, revealed that it would be previewing “opt-in ads in [the] desktop browser developer channel.” While this feature sounds nebulous, there’s more…

BAT Outperforms Bitcoin, XRP On New Brave Browser “Rewards” Feature

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Brave Browser Announces BAT “Rewards” Feature On Tuesday, Brave Browser, a crypto-friendly internet application headed by the founder of Mozilla Firefox, Brendan Eich, made a surprising announcement, seemingly aiming to start of 2019 with a proverbial bang. Via a company release, conveyed through its in-house blog, the Brave and Basic Attention Token (BAT) team, which consists of Eich, coupled with an array of fintech, Silicon Valley, and crypto veterans, revealed that it would be previewing “opt-in ads in [the] desktop browser developer channel.” While this feature sounds nebulous, there’s more…

Ethereum Price Analysis: ETH Buyers Not Out of Woods Yet

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ETH price is currently struggling to settle above the $124-125 resistance area against the US Dollar. There is a new connecting bearish trend line formed with resistance at $127 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to find a strong buying interest near the $120 and $118 support levels. Ethereum price struggled to break key resistances against the US Dollar and bitcoin. ETH/USD remains supported on dips, but a break above $127 is needed for more gains. Ethereum Price Analysis After an increase…

South Africa Cracks Down On Crypto, May Track Bitcoin (BTC) Transactions

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South Africa May De-anonymize Bitcoin Per an article from Business Insider’s South Africa-based branch, the Reserve Bank (Sarb) will be releasing a “policy paper” regarding Bitcoin (BTC) and the broader crypto ecosystem in the coming months. Sarb will purportedly be advising on how crypto wallet providers and related startups, like exchanges, e-commerce platforms, etc.,  should register with local regulators. The Reserve Bank claims that its up-and-coming registration system should aid in the crusade to protect investors and consumers from the shortcomings of the budding crypto ecosystem. Reports claim that the…

Blockchain Tech Firm Blockstream Launches Beta Version of Satellite API for Data Broadcast

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Blockchain technology company Blockstream is launching the beta version of its Blockstream Satellite API, designed to help developers broadcast data via the company’s satellite network. The launch was revealed in the official announcement published Jan. 16. The move follows the company’s satellite service expansion back in December, when it started broadcasting Bitcoin’s (BTC) blockchain on a global scale. Blockstream’s Bitcoin space initiative reportedly aims to free the cryptocurrency’s network from depending on land-based Internet connection and thus increase its robustness. Blockstream’s latest “data agnostic” product allows to use its satellites…

Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to Congress

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A bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the United States Congress. Data confirming this was published on the Congress’ official website on Jan. 14. The bill, titled “To provide a safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services,” was submitted by U.S. congressman Tom Emmer and co-sponsored by congressman Darren Soto. Emmer has already shown interest in cryptocurrencies and blockchain technology in the past, and has been featured in the list…

IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry

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Major tech firm IBM has partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. IBM announced the initiative in a press release published Jan. 16. MineHub is a company that uses technologies including blockchain to develop cost-saving applications for the metals and mining industry. The newly announced mining supply chain platform will be built on the cloud-based IBM Blockchain Platform powered by the Linux Foundation’s Hyperledger Fabric. The solution targets the inefficiencies of the global mining and metal…

Crypto Markets Experience Moderate Growth, Bitcoin Holds Above $3,600

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Wednesday, Jan. 16 — Cryptocurrency markets are mostly green today, according to Coin360 data. Most of the top 20 coins by market capitalization are up over the last 24 hours, with Bitcoin (BTC) holding firmly above the $3,600 mark. Market visualization from Coin360 Bitcoin has stayed above the $3,600 threshold during the day, while its highest price point over the last 24 hours was $3,707. At press time, the leading cryptocurrency is trading at around $3,644, having gained 0.65 percent on the day. Bitcoin 7-day price chart. Source: Cointelegraph Price…