Asset managers should understand and embrace blockchain technology: Report
Jul 19, 2016 05:51 am UTC| Digital Currency
A joint report from JPMorgan Chase and consultancy firm Oliver Wyman has urged asset managers to take the initiative to understand and embrace blockchain technology. Blockchain can help asset managers tackle many of the...
Central bank digital currencies could raise GDP, says Bank of England
Jul 19, 2016 04:36 am UTC| Digital Currency
In a new research paper, the Bank of England has stated that central bank issued digital currencies could raise gross domestic product (GDP). Penned by John Barrdear and Michael Kumhof, the working paper titled The...
LTC/USD continues choppy trade, bullishness above 90 EMA
Jul 18, 2016 12:28 pm UTC| Digital Currency
LTC/USD traded in the red on Monday, falling to 4.06 levels so far in the day. It is currently trading at 4.07 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen level:...
ETH/USD partially recovers losses, bullishness only above 90 EMA
Jul 18, 2016 12:19 pm UTC| Digital Currency
ETH/USD slightly recovered losses on Monday, hitting 11.61 levels so far in the day. It is currently trading at 11.48 levels (Kraken) at the time of writing. Ichimoku analysis (Daily chart): Tenkan-Sen level:...
Cryptocurrency exchange Gemini partners with Echo Fox
Jul 18, 2016 11:38 am UTC| Digital Currency
New York-based digital currency exchange Gemini Trust Co. has announced a new partnership and sponsorship deal with professional eSports organization Echo Fox. The deal will bring together the cryptocurrency market and...
FxWirePro: BTC/USD faces strong resistance at $685, break above targets $705
Jul 18, 2016 11:13 am UTC| Digital Currency
BTC/USD has slightly retreated after making a high of $684. It is currently trading at $679.00 at press time (Bitstamp). Long term trend: Bullish Short term Trend- Bullish Ichimoku analysis (Daily...
Indian anti-narcotics agency detects bitcoin and darknet use for drug trafficking
Jul 18, 2016 10:12 am UTC| Digital Currency
According to latest reports, Indian anti-narcotics agencies have found that drug trafficking in the country is being increasingly carried out through the dark Web or darknet and the unregulated cryptocurrency...
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