Day: March 13, 2019

Fetch.AI Solves ‘Blockchain Trilemma’ with Novel Approach to Reaching Consensus

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About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startupsand has written over 1500 articles on Blockchain technology andstartups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat Ad honorem – Honorary Ph.d –…

Coinbase.com Users Can Now Send Crypto Directly to Firm’s Wallet App

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Coinbase has launched a new feature allowing user to directly transfer cryptocurrency holdings on Coinbase.com to accounts in the firm’s Wallet app. The San Francisco-based cryptocurrency exchange announced the news in a blog post on Tuesday, saying that users will be able to link their accounts once the app gets updated in the “next few days.” “Once your Coinbase account is linked, you can easily transfer crypto to your Wallet app with just a couple of clicks, anytime you need it,” the exchange said. Coinbase explained that with the Coinbase.com…

Coinbase.com Users Can Now Send Crypto Directly to Firm’s Wallet App

boss

Coinbase has launched a new feature allowing user to directly transfer cryptocurrency holdings on Coinbase.com to accounts in the firm’s Wallet app. The San Francisco-based cryptocurrency exchange announced the news in a blog post on Tuesday, saying that users will be able to link their accounts once the app gets updated in the “next few days.” “Once your Coinbase account is linked, you can easily transfer crypto to your Wallet app with just a couple of clicks, anytime you need it,” the exchange said. Coinbase explained that with the Coinbase.com…

Bitcoin Could Plunge 50% with November-Like Dump amid Low Volatility: Analysts

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Bitcoin has struggled to cleanly break out of the $4,000 resistance level and remain above it for more than three months, staying in a tight range between $3,300 to $4,000. If the dominant cryptocurrency fails to test $4,000 again and slips, traders foresee the Bitcoin price declining to the $3,300 to $3,500 range. “$4,400-$4,500 area is where I intend to hedge if we go up. If break down, keep an eye for absorption below $3,330 (HTF liquidity pool). The $2,500-$2,850 area is where I start buying spot if no absorption…

New Blockchain ETF Co-Operator Elwood Plans Fresh Crypto Investment Options

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United Kingdom-based asset management company Elwood Asset Management is looking to increase its cryptocurrency offerings after co-launching a blockchain exchange-traded fund (ETF), Bloomberg reported on March 12. Elwood, which is owned by billionaire Brevan Howard creator Alan Howard, partnered with Invesco to bring a blockchain ETF to market this week. Now, the company told reporters that it is already eyeing what else it could offer institutional investors eager to gain exposure to the cryptocurrency arena. “The only way for institutions to get meaningful exposure to digital assets has been to…

Digital Currency Wallet Abra Adds Direct Support for ETH Instead of as Asset Derivative

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Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12. Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed crypto and fiat currencies — over 30 crypto assets and 50 fiat currencies. These include Abra’s recently-listed BIT10 Index token, which tracks the ten largest cryptocurrencies by market capitalization. As the Abra blog post outlines, up until…

Bitcoin (BTC) Price Watch: Case For Larger Rally Above 100 SMA

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Bitcoin price stayed above the $3,800 support area and recovered recently against the US Dollar. The price is trading above the $3,840 level and facing a strong resistance near the 100 hourly SMA. There is a key bearish trend line in place with resistance at $3,865 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally sharply if there is a close above $3,880 and the 100 hourly SMA. Bitcoin price rebounded nicely from the $3,800 support against the US Dollar. BTC is currently…

Crypto Market at Major Crossroads: Litecoin (LTC), BCH, TRX, ADA Price Analysis

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The total crypto market cap rebounded recently and revisited the $129.0B resistance area. Litecoin (LTC) price gained nearly 5% and it seems like it could test $58 or $60. Bitcoin cash price is trading sideways below the $130 resistance level. Tron (TRX) corrected above the $0.0220 level, but it could face a strong hurdle near $0.0230. Cardano (ADA) price is gaining momentum and it may trade towards the $0.0500 resistance level. The crypto market cap is approaching a crucial resistance area and it could surge higher. Bitcoin (BTC), Ethereum (ETH),…

4 Crypto Assets Break Above Key Moving Average, Leaving Bitcoin Behind

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Several well-known cryptocurrencies are trading above their 200-day moving averages, a development typically considered a sign of a healthy market. A moving average (MA) is simply an ongoing calculation of the closing prices of an asset over a specified period of time, but is also a tool traders use to gauge the asset’s trend direction as well as support and resistance levels. While a moving average of any length can be used, the 200-day moving average is a standard in financial analysis. Put simply, if an asset trading above the 200-day…

Ethereum (ETH) Price Analysis: SEC Chairman’s Stance Isn’t Helping Buyers

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ETH price remained below the key $133 and $134 resistance levels against the US Dollar. SEC’s Chairman reaffirmed that Ethereum (ETH) is not a security, but it failed to boost the market. This week’s important bearish trend line is in place with resistance at $133 on the hourly chart of ETH/USD (data feed via Kraken). The pair needs to surpass the trend line and the $134 resistance for a solid upward move. Ethereum price remained below major resistance levels against the US Dollar and bitcoin. ETH failed to gain traction…