FxWirePro:LTC/USD upside capped by trend line resistance, good to sell on rallies
Jul 06, 2018 11:51 am UTC| Digital Currency
LTCUSD has recovered almost more than 20% from low of $72.50. The pair hits high of $89.85 and is curretly trading around $86.13. Intraday trend is still bearish as long as trend line resistance $93 (trend line...
FxWirePro: ETH/EUR fails at channel top, slips below 5-DMA, good to short upticks
Jul 06, 2018 11:21 am UTC| Digital Currency Technicals
ETH/EUR upside rejected at 21-EMA, pair extends lower after failure to break out of slopping channel. Price has failed multiple tests at channel top resistance and any further upside only on break above. 21-EMA...
FxWirePro: ETH/USD extends choppy trade below 21-EMA, further bullishness only above 500
Jul 06, 2018 10:50 am UTC| Digital Currency Technicals
ETH/USD remains largely flat on Friday with its upside capped by 21-EMA. It is currently trading at 459 levels at the time of writing (Coinbase). On the upside, a break above 477 (21-EMA) would see the pair testing...
Swiss stock exchange SIX announces digital asset trading, settlement and custody service
Jul 06, 2018 09:44 am UTC| Digital Currency Fintech
SIX Swiss Exchange has announced its plans to launch a full end-to-end and fully integrated trading, settlement and custody infrastructure for digital assets. Dubbed SIX Digital Exchange or SDX, the new platform will...
South Korea to introduce classification system for domestic blockchain industry
Jul 06, 2018 09:16 am UTC| Digital Currency Technology
The South Korean government is going to announce this month a classification system for the domestic blockchain industry, CoinTelegraph reported referring to a report from local news outlet The BChain. The National...
FxWirePro: A Detailed Analysis of NEM with technical
Jul 06, 2018 08:55 am UTC| Digital Currency
NEM is a peer-to-peer cryptocurrency and block chain platform offers a fundamentally streamlined method of maintaining secure ledger of transactions compared to traditional database. NEM uses new Consensus mechanism...
Australia attracts IBM and Huobi for blockchain and cryptocurrency exchange setup
Jul 06, 2018 08:18 am UTC| Fintech Digital Currency Research & Analysis Commentary Insights & Views
There has been a five-fold rapid surge in the number of FinTech startups in Australia over the past 5 years and the sub-sectors encompassed have become more diverse, as per the reports of KPMG. Investment in the Australian...