Bitcoin Price Analysis, 30 April 2018: Support Above $9000

Bitcoin Price Analysis, 30 April 2018

Bitcoin markets experienced some downward pressure through the day’s course, and yet USD 9,000 price levels were not breached. Trading volumes are now also on the rise as markets attempt to counter the downward pressure put on prices by sellers. The Day’s Signals The day’s course showed support for prices above USD 9,000. Selling pressure […]

Sony to Combat Piracy with Blockchain

Sony to Combat Piracy with Blockchain

Sony the Japanese technology company, made an application on Thursday for a patent for a blockchain system to store digital rights data.  Digital rights management (DRM) systems, restrict access to copyright-protected content to those who have the permissions, this is often via a paid service or purchased copy. Customer identification could be stored on the […]

Japanese Crypto Enquiries Tripled in 2017

Japanese Crypto Enquiries Tripled in 2017

Figures released after the second cryptocurrency exchange group this year hosted by Japan’s FSA on 27 April show a tripling of cryptocurrency enquiries since the same time last year. The first such meeting which took place last month revealed that there were 3.5 million now trading in cryptocurrency in Japan. These new figures confirm the […]

Canada Ranks With The Best As Blockchain Nation

Canada Ranks With The Best As Blockchain Nation

Canada is fast becoming a world leader in embracing cryptocurrency and blockchain technology behind the US and the UK. Due to provincial research and development, low energy costs, high-speed internet and internal regulation, Canada, home of Ethereum, has become an established global leader in blockchain innovation. Ethereum blockchain technology is now used around the world with […]

Bitcoin like a Regular Currency, Says St Louis Federal Reserve

'Bitcoin Is Like A Regular Currency' Says St. Louis Federal Reserve

In a blog entry posted 25 April, the Federal Reserve Bank of St. Louis likened Bitcoin to fiat currencies in a validation of one of the core premises of the currency. The post, titled Three Ways Bitcoin Is Like Regular Currency, is based on research previously conducted by the reserve bank. While the study found that […]

Finance Journo Martin Lewis Targets Facebook for Fake Bitcoin Ads

Finance Journo Martin Lewis Targets Facebook for Fake Bitcoin Ads

British financial journalist and TV personality Martin Lewis has announced that he will sue social media giant Facebook over a series of cryptocurrency ads featuring his image and his name. Lewis, who is taking his case the UK High Court on Monday, claims that at least 50 ads have been released on Facebook endorsing financial […]

National Regulations Main Factor When Choosing Crypto Exchange Says Morgan Stanley

National Regulations Main Factor When Choosing Crypto Exchange Says Morgan Stanley

A Team of Morgan Stanley researchers, led by analyst Sheena Shah, after conducting a study of cryptocurrency exchange distribution, have concluded that local crypto businesses regulations are one of the main factors that exchanges take into account when selecting where to register. In terms of popularity Malta, with its well defined regulatory framework, has become […]

Australian Stock Exchange To Roll Out Plans For Blockchain

Australian Stock Exchange To Roll Out Plans For Blockchain

The Australian Securities Exchange (ASX) have outlined plans to replace its current clearing and settlement system with a DLT model within the next two years. The current system, the “Clearing House Electronic Subregister System”(CHESS) which has been used by ASX since the 1990’s, will be replaced with blockchain technology possibly in 2020. The idea of […]

US Crypto Lawyer David Silver Calls for Clarity, Not Rules

US Crypto Lawyer David Silver Calls for Clarity, Not Rules

David C. Silver, the prolific financial securities lawyer from law firm Silver Miller and self-confessed “believer” in blockchain technology has told Cointelegraph that he wants to see more clarity, rather than more regulation, in the cryptocurrency space. Silver, often labeled a “Better Call Saul” lawyer due to his apparent readiness to take on numerous cases […]

Blockchain The Way To a Cashless Economy Says Ex Fed Vice President

Blockchain The Way To a Cashless Economy Says Ex Fed Vice President

Former US Federal Reserve executive Rod Garratt says that a cashless economy in the US could be possible with the further development of blockchain Rod Garratt is currently Professor of Economics, University of California Santa Barbera Cryptocurrencies and Global Monetary Policy, and was a research advisor for the Bank of England, and a Vice President […]