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Ethereum Price Analysis: ETH/USD Struggling Near 100 SMA

Key Highlights ETH price moved above the $448 resistance and tested the $470 zone against the US Dollar. There was a break above yesterday’s highlighted important bearish trend line with resistance at $448 on the hourly chart of ETH/USD (data…

Cryptocurrencies Should Be Considered Securities

The Bank for International Settlements’ (BIS) economic adviser and head of research Hyun Song Shin has said that cryptocurrencies should be treated the same as stocks and bonds, Business Times reported June 25. Speaking at the annual general…

Cryptocurrencies Should Be Considered Securities

The Bank for International Settlements’ (BIS) economic adviser and head of research Hyun Song Shin has said that cryptocurrencies should be treated the same as stocks and bonds, Business Times reported June 25. Speaking at the annual general…
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Cryptocurrency is Helping Fuel Lithuania’s Economy, Bankers Fear Financial Disruption

Cryptocurrency is helping to fuel Lithuania’s economy, but European central bankers have argued that it will aid illegal activity while disrupting traditional finance. Open Arms Approach The cryptocurrency market has had a tough first…

World’s Fourth Largest Crypto Exchange Huobi Appoints CEO for New US Platform

Huobi, the world’s fourth largest crypto exchange by daily trade volumes, has appointed a CEO for its newly created “strategic partner” trading platform in the U.S., according to a press release shared with Cointelegraph June 25. Frank…
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Leading Chinese Bitcoin Miner Manufacturer Files for IPO in Hong Kong

Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25. The application confirms a…
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10 Best AI-Based Cryptocurrency Projects in 2018

AI-powered projects represent one of the most exciting sectors in the cryptocurrency space — but with so many to choose from, it’s hard to find the ones most worthy of your attention. Fear not! We’re here to separate the wheat from the…

Ethereum Price Analysis: Can ETH/USD Recover Further

Key Highlights ETH price declined further and broke the $440 level before recovering against the US Dollar. There is a significant bearish trend line formed with resistance at $460 on the hourly chart of ETH/USD (data feed via Kraken). …
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Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate?

As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency. Bahamian…

Cardano (ADA) Price Watch: Several Upside Barriers

Cardano Price Key Highlights Cardano price continues to trend lower as it moves inside a descending channel on the 4-hour time frame. Price is also trading below a short-term descending trend line to reflect a steeper slide. If this trend line…