A new ecosystem is bringing together professional traders, cryptocurrency holders and first-time investors in the crypto market – with the platform offering “tailor-made products” for each of them. Tradelize says it has divided its software into specific layers, enabling users with varying levels of experience to find the service that...
Crypto Facilities, a UK-based cryptocurrency trading platform, has launched the “first regulated” futures contracts for Ethereum (ETH), the world’s second largest digital currency by market capitalization, according to a press-release May 11. Crypto Facilities, which is regulated by the Financial Conduct Authority (FCA) in the UK, started trading Ethereum derivatives...
Canada’s central bank, Toronto Stock Exchange operator TMX Group, and non-profit organization Payments Canada, completed tests showing blockchain can be used for instantaneous securities settlements, Reuters reports today, May 11. The three companies concluded that blockchain, the technology originally developed for cryptocurrencies such as Bitcoin (BTC), is usable for automating...
Facebook is reportedly “exploring” the creation of its own cryptocurrency, news media outlet Cheddar reported May 11. According to Cheddar’s anonymous sources, people “familiar with Facebook’s plans,” the social media giant is “very serious” about plans to launch an in-app virtual coin. The unconfirmed information comes the same week the platform...
The Chinese government announced it will publish a monthly “independent analysis” of cryptocurrencies and blockchain projects at a Beijing conference May 11. According to two press releases accompanying the announcement, the Chinese Ministry of Industry and Information Technology’s department China Electronic Information Industry Development (CCID) will analyze 28 cryptocurrencies, including...
What is a crypto wallet? A crypto wallet is a piece of software that enables you to send and receive cryptocurrencies, such as Bitcoin. They can be used to store multiple tokens and coins at once – however, most wallets will only support a limited number of cryptocurrencies. Wallets are used to...
Play2Live, a streaming platform for gamers and eSports fans, announced that it is developing its own blockchain infrastructure called Level Up Chain, as the startup team reported to Cointelegraph. Founded in 2017, Play2Live aims to merge blockchain technology with streaming services. The company plans to launch the Level Up...
Lady Monika Bacardi of the Bacardi rum empire has made an investment valued at $100 mln in a blockchain-powered social entertainment platform, according to an announcement from the company shared with Cointelegraph today, May 11. Lady Bacardi is quoted by the company as saying that the platform, dubbed TaTaTu, “reinforces...
September 12, 2017 will go down in infamy when talking about the relationships between traditional fiat financial institutions and their views on cryptocurrency. It was the day that JP Morgan CEO, Jamie Dimon, called Bitcoin a ‘fraud’. A lot has happened in the financial and crypto space in the eight...
Key PointsBitcoin cash price failed to move above the $1,650 resistance and declined sharply against the US Dollar.There is a key bearish trend line forming with resistance at $1,640 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair has to stay above the $1,500 and...