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BitcoinNews.com Ethereum Market Analysis 18th March 2019

BitcoinNews.com Ethereum Market Analysis 18th March 2019

It is already the fourth week that buyers have decided their relationship around the price zone of $135–140. This week, buyers are trying to fix themselves above this zone but these attempts look uncertain. The fact is that after 13 March, when sellers could not update the local minimum, they began their growth attempt. However, if we compare the size …

How a Village in China Leads a Crypto-Cultured Lifestyle

Yuedong, a village located in China’s Wenzhou region, stands out from the other villages by its engrossment with cryptocurrencies and blockchain technology. This has made Yuedong a huge tourist attraction with a growing number of crypto enthusiasts making the trip to witness the unique attitude of the locals. Locally regarded as the “blockchain industrial village”, an estimated 60% of the locals have …

South Korea Recruiting Blockchain Evaluators

The South Korean government’s Ministry of Information and Communication has announced the setting up of a blockchain evaluation team. citing a document released on 17 March. According to an official document, the ministry is accepting applications for 30 positions for its Blockchain National Participation Evaluation Team. The objective of the exercise is to share knowledge of its findings in its exploration …

BitcoinNews.com Bitcoin Market Analysis 17th March 2019

BitcoinNews.com Bitcoin Market Analysis 17th March 2019

Buyers are approaching the liquid zone, in which sellers with great desire begin to sell. When the price touched the trend line, the volumes increased and the pins appeared. Also, this price zone coincides with the upper trend line of the triangle, where the price is traded from November 2018. One more week ended where the buyers decided to check …

SEC Announces Second Forum on Crypto and Blockchain

SEC Announces Second Forum on Crypto and Blockchain

The United States’ Securities and Exchange Commission is set to launch its second public forum on cryptocurrency and blockchain on 31 May. The forum held in conjunction with the SEC’s Strategic Hub for Innovation and Financial Technology (FinHub) has caused the industry to speculate if major changes in regulation are being considered by the regulatory body. Until now the SEC …

Bank Of Mexico Further Complicates Its Crypto Rules

Bank Of Mexico Further Complicates Its Crypto Rules

Mexico’s Central Bank has published new crypto related rules which has left many industry players confused as to the ramifications of the new provisions. The new rules which were published by the central bank in the federations official gazette before the weekend stated that the Bank of Mexico (Banxico) “stipulated that they wouldn’t authorize any cryptocurrency to be offered by …

FIO Study: 60% of Crypto Users Still Uncomfortable Making Payments

A recently published independent study claims that 60 percent of crypto users are “still scared to make a Bitcoin payment.” The study was conducted by the Foundation for Interwallet Operability (FIO) self-described as a “decentralized, open-source blockchain protocol that makes it easier and less risky to move blockchain tokens & coins from one address to another.” The FIO asserts that …

Thirsty California Seeks Blockchain-Based Water Solutions

California, a state known for the divisive nature of water politics courtesy of the omnipresent danger of a drought, is now looking to implement a blockchain solution to alleviate the crisis to some extent. California’s research organization, Pacific Institute has opened a nonprofit called The Freshwater Trust in collaboration with IBM and SweetSense to create a water management project employing …

Coinbase Moves with Cold Storage Trading via Custody Service, OTC Desk

US cryptocurrency exchange giant Coinbase has just announced that it plans to combine its custody service with its newly launched over-the-counter (OTC) desk in order to facilitate cold storage trading. The move is partly a response to requests by Coinbase customers who have been pushing for cold storage trading since the recent launch of the OTC desk, mainly in order …

Nasdaq Announces “World’s First” Full-Stack Crypto Platform

The world’s second largest stock exchange has announced the upcoming release of what it is calling the “world’s first full-stack cryptocurrency ecosystem”. Crypto startup Bcause LLC, using Nasdaq’s market surveillance tech, is planning to launch its spot cryptocurrency market in the next months, with a derivatives exchange application currently pending approval with the US Commodity Futures Trading Commission (CFTC). Until …

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