Northern Trust helps three hedge funds in cryptocurrency investments
Aug 01, 2018 05:26 am UTC| Digital Currency Fintech
Financial services company Northern Trust has reportedly begun opening its fund administration services to cryptocurrency hedge funds, while integrating blockchain technology to its private equity business. Speaking...
Israeli firm eMusic seeks $70M to bring blockchain to music distribution and royalty management
Aug 01, 2018 04:22 am UTC| Digital Currency
eMusic, an Israeli digital music store, is seeking to raise $70 million to build a blockchain-based music distribution and royalty management platform, Reuters reported. The company aims to leverage Ethereum blockchain...
Cryptocurrency exchange Binance acquires Trust Wallet
Aug 01, 2018 03:24 am UTC| Digital Currency
Binance, the second largest cryptocurrency exchange in terms of 24-hour trading volume, has acquired Trust Wallet, a secure and intuitive mobile wallet. Founded in 2017, Trust Wallet is an open source, decentralized and...

FxWirePro: ETH/USD rejected at 50-DMA resistance, eyes key support at 420
Jul 31, 2018 11:42 am UTC| Digital Currency Technicals
ETH/USD is trading deep in the red on Tuesday as it broke below the trend line joining 404.22 and 441. It is currently trading at 434 levels at the time of writing (Coinbase). On the upside, the pair faces stiff...
CryptoCompare to integrate data of 50 cryptocurrencies into Thomson Reuters Eikon
Jul 31, 2018 11:04 am UTC| Digital Currency
Thomson Reuters, the leading mass media and information firm, has partnered with cryptocurrency market data aggregator CryptoCompare to supply cryptocurrency data for 50 coins into its financial desktop platform...
DCEX to launch blockchain-based crypto-to-crypto marketplace with XRP as base currency
Jul 31, 2018 10:30 am UTC| Digital Currency
Cryptocurrency marketplace DCEX has announced that registrations are now open for the first digital currency exchange that will utilize XRP as its exclusive base currency. Powered by AlphaPoint blockchain technology,...

FxWirePro: BTC/USD rangebound below 200-DMA, break above to see further upside
Jul 31, 2018 07:30 am UTC| Digital Currency Technicals
BTC/USD fell to 7853 levels on Monday before closing at 8160 levels (Bitstamp). The pair is currently trading at 8125 levels as it tries to hold key support at 10-DMA. On the topside, resistance is seen at 8336...