, , , , ,

Bitcoin Cash Price Analysis: BCH/USD Remains Buy on Dips

Key Points Bitcoin cash price climbed higher recently and broke the $550 resistance against the US Dollar. There is a major bullish trend line formed with support at $522 on the hourly chart of the BCH/USD pair (data feed from Kraken). The…
, , , , , ,

Altcoins Price Analysis: LTC/USD Top Performer as XLM Inch Higher

The altcoin market is back to green with LTC/USD adding six percent in the last 24 hours. At the same time, Stellar trade volumes are quite high as the market remain expectant of a probable listing at CoinBase after BAT expected support. All…
, , ,

Expert Says EOS isn’t a Blockchain — Just a Distributed Database

TwitterFacebookLinkedIn Blockchain testing and research company Whiteblock Inc. has released a damning verdict on EOS, describing it as a “distributed homogeneous database” masquerading as a blockchain. In a report titled “EOS: An Architectural,…
, , ,

HSBC India Completes Joint Blockchain-Enabled Transaction With India Holding Giant RIL

The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction, Indian business newspaper The Hindu Business…
, , , ,

Bitcoin Price Weekly Analysis: BTC/USD Rebound Faces Significant Hurdle

Key Points Bitcoin price recovered recently and tested the $6,375 resistance area against the US Dollar. There is a significant bearish trend line in place with resistance at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…
, , , ,

Ethereum Price Weekly Analysis: ETH/USD Sellers Defend Key Resistance

Key Highlights ETH price recovered a few points, but it faced a strong resistance near $202 against the US Dollar. There is an important bearish trend line in place with resistance at $200 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
, , , ,

Bitcoin Cash Price Weekly Analysis: BCH/USD Could Extend Gains Above $500

Key Points Bitcoin cash price rallied recently and broke the $450 and $460 resistances against the US Dollar. There was a break above a major bearish trend line with resistance at $430 on the 4-hours chart of the BCH/USD pair (data feed from…
, , , , , , , , , ,

Azerbaijan Wants to Adopt Blockchain on Ministry of Justice Databases

Azerbaijan is joining the list of governments adopting distributed ledger technology to promote efficiencies. Osman Gunduz, Chair of the Azerbaijani Internet Forum (AMF), announced the country will start using blockchain on the information…
, , ,

Lack of Diversity in Ethereum Smart Contracts Pose Risks to Whole Ecosystem, Report Says

A lack of diversity of Ethereum (ETH) smart contracts poses a threat to Ethereum blockchain ecosystem, according to research by a group of analysts from Northeastern University and the University of Maryland released on Oct. 31. The paper,…
, , , , , , , , , , , , , ,

Brazil Tax Authority Orders Crypto Exchanges to Provide Monthly Reports

Brazil’s tax regulator, the Department of Federal Revenue, is requiring local cryptocurrency exchanges to report their operations on a monthly basis in order to verify tax compliance and improve the country’s fight against money…