Day: April 6, 2019

Bitcoin (BTC) Price Approaching Next Key Break, RVN and LRC Up 10%

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Bitcoin price is likely preparing for the next key break above the $5,100 resistance against the US Dollar. Ravencoin (RVN) and loopring (LRC) gained more than 10% today. There is a key bullish trend line in place with support at $4,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair seems to trading in a contracting range below the $5,100 resistance area. Bitcoin (BTC) is trading in a tight range and seems to be preparing for the next key break. Ethereum, ripple, bitcoin cash and…

Fertility Database Relies on Blockchain for Data Security

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There is perhaps no more personal journey than that of a couple struggling to conceive a child. It’s fraught with plenty of stress, not only because of the emotions involved, but also because it involves trusting others with personal and private information. One company is trying to put families’ minds at ease through the use of blockchain. Typically, couples who want to conceive a child using donated eggs, sperm, embryos and gestational surrogacy work with an agency that searches through dozens of databases to find a match. It can take a great…

Blockchain Mortgage Tech Startup Acre Software Raises $6.5 Mln From UK Financial Advisor

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United Kingdom startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers, a press release published on April 4 states. Per the release, nearly three-quarters of UK mortgages are facilitated by advisers, and the company aims to help them retain their position by matching the speed of an end-user service. Acre reportedly uses blockchain to store all the data about mortgage advice immutably. The investment reportedly comes from UK financial adviser Sesame Bankhall Group (SBG), which, according to the release,…

Bitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. On April 1, the bitcoin price initiated a large 19 percent rally from $4,200 to $5,000, peaking at $5,300 the next day across several major crypto exchanges. The bitcoin price…

Cryptocurrency Adoption Grows Beyond ‘Bitcoin City’ in Slovenia and Croatia

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The number of stores that accept cryptocurrencies is rising in Slovenia and Croatia. Starting with merchants in one of the largest shopping and entertainment complexes in Europe, Elipay has now integrated with 300 stores in Slovenia and begun expanding into Croatia following approval by the country’s central bank. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request 300 Locations in Slovenia Including Bitcoin City Cryptocurrency adoption has been rapidly growing in Slovenia. Elipay by startup Eligma is a crypto payment mobile app for iOS and Android devices. Many…

CME Group Bitcoin Futures Reported Record Trading Volume on April 4

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Leading United States derivative market CME Group pointed out that its Bitcoin (BTC) futures reported a record trading volume on April 4, according to their tweet. Per the tweet, the volume of its Bitcoin futures hit an all-time-high of over 22,500 contracts on April 4, which is equivalent to about 112,700 BTC. The previous record has been hit on February 19 and was reportedly over 18,300 contracts, equivalent to 64,300 BTC. CME Bitcoin Futures Cumulative Volume on April 4, 2019. Courtesy of CME Group The CME Bitcoin Futures, according to…

Bitcoin Hovers Over $5,000 as Top Cryptos See Losses

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Saturday, April 6 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) hovers near the $5,000 mark. Market visualization courtesy of Coin360 Bitcoin’s price has seen a gain of half a percent on the day, trading at around $5,004 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 18% higher than $4,095, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH) is holding onto its…

OKCoin is Attracting Institutional Customers With ‘Premier’ Crypto Service

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. OKCoin is consistently one of the top exchanges by adjusted volume. The exchange announced late yesterday its Premier program, which is aimed at institutional and high-volume clients. They’re targeting traders…

Bitcoin Is Back in a Bullish Trend

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Fundstrat Global Advisors co-founder Thomas Lee said that Bitcoin (BTC) is back in a bullish trend during an interview with Bloomberg published on April 5. During the interview, Lee pointed out that Bitcoin’s critics declared the cryptocurrency dead because it lost 90% of its value. However, it has now broken over its 200-day-moving-average, which is why he thinks sentiment has to change and that BTC is currently in a bull market. Lee noted that a tailwind for Bitcoin formed this year because the dollar wasn’t strengthening and China’s equity multiplier has…

Bitcoin Price Repeating the 2017 Bull Run Scenario: Kain Warwick

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The ongoing bitcoin price action could transform into a bull run as seen in December 2017, according to Kain Warwick. The chief executive at Blueshyft, an Australia-based payment processing service, noted an increase in their daily volumes a day after the bitcoin rally began. He confirmed that the activity was as high as it was during the last bitcoin bull run – the same in which the asset’s price had jumped $5,500 to $20,000 in just a month, adding that retail buyers were coming back into the market. Yesterday @Blueshyft…