Startup aims to garner donations in yet-to-launch cryptocurrency for global charities
Aug 11, 2016 10:07 am UTC| Digital Currency
Cross-Stratum Mutual Community Asia (CSMC), a UK-based techno-finance startup, has announced its plans to release a new cryptocurrency the Cross-Stratum Coin (CSC). The company statement said that the cryptocurrency...
FxWirePro: ETC/EUR recovers from the low of 1.4230, good to sell on rallies
Aug 11, 2016 09:42 am UTC| Digital Currency
ETC/EUR has broken major support 1.5400 and declined till 1.42300 levels (KRAKEN). It is currently trading around 1.69970 at the time of writing. Ichimoku analysis of hourly chart shows: Tenkan-Sen level:...
IRS not to provide additional guidance on tax treatment of virtual currency transactions
Aug 11, 2016 08:56 am UTC| Digital Currency
According to latest reports, the Internal Revenue Service (IRS) has no plans to provide updates on how existing general tax principles apply to transactions using virtual currency. Tax Revolution reported that the IRS...
FxWirePro: BTC/EUR faces strong resistance at 560, good to buy on dips
Aug 11, 2016 07:05 am UTC| Digital Currency
BTC/EUR is seen facing a strong support around 560. The pair has declined slightly after making a high of 540 levels (CEXIO) yesterday. It is currently trading around 534.64 at the time of writing. Ichimoku analysis of...
FxWirePro: BTC/USD struggles to close above 600, good to buy on dips
Aug 11, 2016 07:03 am UTC| Digital Currency
BTC/USD has declined after jumping till $603 yesterday. It is currently trading at $593 (Bitstamp). Long-term trend: bullish Ichimoku analysis (Daily chart): Tenkan-Sen level: $539 Kijun-Sen level:...
Capgemini lays out 9-step approach for evaluating blockchain platforms
Aug 11, 2016 06:35 am UTC| Digital Currency
In a paper, Capgemini has described how blockchain technology is bringing about a paradigm shift in the financial institutions. Titled Blockchain: A Fundamental Shift for Financial Services Institution, the report has...
Bitcoin investment firm Pantera's partner and CTO call it quits
Aug 11, 2016 05:36 am UTC| Digital Currency
Pantera Capital, leading blockchain investment firm and one of the largest institutional owners of bitcoins, has announced the departure of its partner and chief technology officer Steven Waterhouse. According to his...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects