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Coinbase To Be Valued At $8 Billion After $500M Investment, Crypto Community Bullish

Once again, for the umpteenth week in a row, Coinbase, the crypto industry’s golden child and star player, hit headlines all across the web, as reports surfaced that the prominent, world-renowned startup is set to be valued at a staggering…
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Ethereum Price Analysis: ETH/USD Breakdown Could Reach $203-207

Key Highlights ETH price failed to gain momentum above $232 and declined recently against the US Dollar. This week’s followed important bullish trend line was breached with support at $225 on the hourly chart of ETH/USD (data feed via Kraken). The…
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Bitcoin (BTC) Price Watch: Line in the Sand for Buyers?

Bitcoin Price Key Highlights Bitcoin price is back down to the bottom of its short-term ascending channel. This coincides with the support of a long-term triangle consolidation pattern, so there may be plenty of buy orders here. But if price…
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Charles Schwab Exec Joins Coinbase Board

Chris Dodds, who serves on the board of directors of the Charles Schwab Corporation, has joined cryptocurrency exchange Coinbase‘s board of directors, according to an announcement published October 2. The Charles Schwab Corporation is a brokerage,…
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Huobi is Getting Ready to Launch and Transfer Operations to Its Public Blockchain

Blockchain technology has been around for a while now. Even so, the technology is still considered to be in its infancy. Over the years, the industry has gone through dramatical changes. Most of them came after the introduction of cryptocurrencies.…
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Italian Banking Association Completes First Test of Blockchain-Based Interbank System

The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology…
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Ripple Swell Day One Roundup: xRapid Launch and RippleNet Use Cases

The first day of the Ripple’s two-day blockchain conference saw some significant updates. As predicted, the San Francisco event turned out to be the launchpad of Ripple’s cross-border payment system, xRapid. CEO Brad Garlinghouse…
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Blockchain Adoption Levels Highest in the Semiconductor Industry: Accenture

A study conducted by global professional services firm Accenture indicates that with regards to the adoption of blockchain technology, the semiconductor sector is currently enjoying the highest levels of bullish sentiment compared to other…
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Ripple Price Analysis: XRP/USD Bullish Above $0.5520

Key Highlights Ripple price is holding the $0.5500 and $0.5520 support levels against the US dollar. There is a major breakout pattern formed with resistance at $0.5820 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
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ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’

Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1. On September 28, WSJ released an article dubbed…