Day: February 27, 2019

London Stock Exchange Leads $20 Million Investment in Finance Tokenization Startup

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The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of the world’s reportedly first crypto-denominated, blockchain-settled bond. According to Reuters, LSEG paid an undisclosed amount for a minority equity stake in Nivaura.  The startup provides blockchain solutions that automate the issuance, clearing and settlement of financial instruments, including bond issuance and tokenized securities. Alongside LSEG, Banco Santander’s venture capital arm, Santander InnoVentures, was reportedly among the investors in Nivaura.…

New York Startup Raises $6.5 Million to Store Crypto For Institutions: Clear Rise in Demand

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A New York-headquartered cryptography pioneer has raised $6.5 million in order to create a new institutional standard for crypto asset security. In an industry first, the firm has unveiled an Institutional Digital Asset Wallet Service aimed at the bigger financial players that need more security and autonomy over their crypto assets. Ahead of The Curv on Crypto Curv, which also has research and development offices in Tel Aviv, has recognized that the slow uptake of cryptocurrencies by institutions could well be a result of the operational complexity and single point of…

Litecoin Foundation Partners With Glory Kickboxing to Make LTC League’s Official Crypto

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The Litecoin Foundation is partnering with premier kickboxing league Glory to become the official cryptocurrency for its online merchandise platform and international events. The news was announced in an official press release from Litecoin on Feb. 26. Glory — which has signed top kickboxing heavyweights including “Dutch Lumberjack” Peter Aerts and Remy Bonjasky, aka “The Flying Gentleman” — will integrate Litecoin (LTC) into its online merchandise store, gloryshop.com. The league will also allow fans in the United States and Europe to use the cryptocurrency to purchase various Litecoin-exclusive, event-related privileges.…

As Samsung Reveals S10 Partners One Crypto Goes to The Moon With 67% Spike

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There has been a lot of hype and anticipation over Samsung’s latest flagship smartphone, the Galaxy S10. The inclusion of crypto functionality and a hard wallet is a massive boost for the industry as it could potentially expose crypto to millions of new users. This week the South Korean tech giant revealed its partners for the S10 sending one alternative cryptocurrency to spike substantially. S10 Wallet to Support 4 Crypto Assets The announcements were made at the Mobile World Congress in Barcelona this week when a company representative took the…

This Crypto Spiked 60% Withinin Minutes of Featuring on HTC’s Blockchain Smartphone

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Following a high-profile strategic partnership with HTC, the largest mobile phone manufacturer based in Taiwan, the price of a virtual reality-focused crypto asset Decentraland (MANA) surged by 60 percent. Within minutes, the price of Decentraland spiked from $0.0363 to $0.0581 by nearly two-fold against the U.S. dollar. We’re excited to announce our new partnership with HTC! We’ll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC’s blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBC — Decentraland…

This Crypto Spiked 60% Withinin Minutes of Featuring on HTC’s Blockchain Smartphone

boss

Following a high-profile strategic partnership with HTC, the largest mobile phone manufacturer based in Taiwan, the price of a virtual reality-focused crypto asset Decentraland (MANA) surged by 60 percent. Within minutes, the price of Decentraland spiked from $0.0363 to $0.0581 by nearly two-fold against the U.S. dollar. We’re excited to announce our new partnership with HTC! We’ll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC’s blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBC — Decentraland…

JPM Coin Could Become Commercial and Be Used for Retail Payments, Says Jamie Dimon

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Photo: Fortune Live Media / Flickr Last year, J.P. Morgan Chase Chairman and CEO Jamie Dimon openly dubbed Bitcoin a “fraud”. Though a little bit later he publicly admitted that he regretted about having done it, he explained the public that he had no desire to deepen in this issue. Nevertheless, just one year has passed and J.P. Morgan announced the launch of its own cryptocurrency dubbed JPM Coin, the world’s first crypto ever created by a banking institution. The main idea behind the coin’s creation is to offer the bank’s…

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA

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Bitcoin price is slowly recovering and it is currently trading above the $3,750 support against the US Dollar. There was a break above a short term contracting triangle with resistance at $3,795 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to struggle near the $3,860 resistance and the 100 hourly simple moving average. Buyers could gain traction only if there is a close above $3,900 and the 100 hourly SMA in the near term. Bitcoin price formed a decent support and recovered…

Crypto Market Struggle Continues: Litecoin (LTC), BCH, TRX, ADA Price Analysis

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The total crypto market cap is slowly correcting higher towards the $128.0B resistance level. Litecoin (LTC) price is currently consolidating above the $45 support level. Bitcoin cash price is slowly moving lower (down more than 2%) towards the $130 support level. Tron (TRX) is at a risk of a sharp decline below the $0.0242 and $0.0240 support levels. Cardano (ADA) price could decline further towards the $0.0400 support level in the near term. The crypto market is showing signs of an upside correction, with moves in bitcoin (BTC) and Ethereum…

Ripple Price Analysis: XRP Turned Bearish Again, Could Retest $0.3000

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Ripple price failed to break the $0.3380 and $0.3400 resistance levels against the US dollar. The price traded lower and broke the $0.3220 and $0.3200 support levels to move into a bearish zone. There is a short term breakout pattern formed with resistance at $0.3155 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline further if there is a downside break below the $0.3100 support. Ripple price rally after the Coinbase Pro listing failed to gain pace against the US Dollar and bitcoin.…