Circle attracts $110M in Series E round, announces dollar-pegged cryptocurrency ‘USD Coin’
May 16, 2018 11:20 am UTC| Digital Currency
Blockchain-based payments startup Circle made two major announcements a $110 million Series E round and tokenized US dollar coins USD Coin. The funding round was led by Bitmain and drew support from existing investors...

FxWirePro: ETH/USD upside capped by 10-DMA, good to go short on break below 200-DMA
May 16, 2018 10:32 am UTC| Digital Currency
ETH/USD failed to break above 10-DMA and is trading tad lower at 696 levels at the time of writing (Coinbase). On the upside, a decisive break above 719 (10-DMA) would see the pair testing 775 (trend line joining...
Cryptocurrencies’ price stability drives hedge funds surge in volumes in April
May 16, 2018 08:11 am UTC| Research & Analysis Insights & Views Digital Currency
Just beginning of this week, we posted about the constructive stance of GS on hedge funds, go through below weblink for more...

FxWirePro: BTC/USD breaches 50-DMA support, good to go short on rallies
May 16, 2018 07:26 am UTC| Digital Currency
BTC/USD has broken below 50-DMA support and is currently trading at 8244 levels at the time of writing (Bitstamp). On the top side, the pair now faces resistance at 8536 (2h 50-SMA) and a break above would target 8784...
eToro to launch cryptocurrency offering in US
May 16, 2018 05:58 am UTC| Digital Currency
Investment platform giant eToro is going to launch a cryptocurrency offering in the U.S. Initially, U.S.-based users would be able to invest in 10 cryptocurrencies Bitcoin, Ethereum, Litecoin, XRP, Dash, Bitcoin Cash,...
San Francisco-based firm customizes crypto-products to lure institutional clients
May 16, 2018 05:21 am UTC| Digital Currency Fintech Insights & Views
San Francisco-based Coinbase has recently proclaimed the unveiling of a wide range of products designed exclusively intended to entice institutional organizations to the briskly evolving cryptocurrency and blockchain...
Cryptocurrency market plunge points to a fading fad: ECB’s Yves Mersch
May 16, 2018 03:35 am UTC| Digital Currency
The plunge in the cryptocurrency market seen at the beginning of 2018 points to a fading fad, an executive board member of the European Central Bank (ECB) said recently. Speaking at the International Center for Monetary...