Bitcoin is Reversing, 2 Catalysts Will Drive it Higher in 2018

Throughout 2018, Bitcoin has continued to record lower highs, testing major resistance levels at $10,000, $8,000 and $7,000. According to Fundstrat’s Tom Lee, the stability of Bitcoin at $6,000 regardless of its lower highs is optimistic. In early 2018, Fundstrat emphasized in a report that the $6,000 level will likely be held by Bitcoin in …

Arrests Making Headlines Across the Globe

Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses at the click of a mouse, and their obfuscation behind the multiple strings of numbers and letters of wallet addresses can create a dizzying — if not …

Fidelity Expressing Further Interest in the Cryptocurrency and Blockchain Industry

Fidelity Investments is a 72-year company with more than $7 trillion in investor’s funds under management, and despite their well-established position within the traditional retail markets, they are incredibly open to nascent technologies, like cryptocurrency and blockchain. Fidelity’s openness to blossoming new technologies is setting themselves into a unique niche. In certain ways, it is …

CFTC Shows Force Against Crypto Scammers, but Maintains ‘Do No Harm’ Approach

This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what it means — and how the watchdog has been supporting its …

Japanese Tech Firm GMO Releases ‘Free’ Zcash Mining Software

Japanese tech firm GMO is expanding its nascent cryptocurrency mining operation beyond bitcoin through the release of a software client designed to mine zcash and other Equihash-based cryptocurrencies using general-purpose GPU chips. Japanese Firm Releases Zcash Mining Software Dubbed Cryptoknocker, the software has specifically been developed for mining rigs composed of Nvidia graphics cards (GeForce …

JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28. Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development …

Can Verge Hit $1? – Should You Buy Verge XVG? – Verge XVG CryptoCurrency 2018 Predictions

Could VERGE XVG be heading towards $1? Should you buy VERGE XVG? Let’s talk about XVG cryptocurrency! Make Money Mining Bitcoin Here: https://hashflare.io/r/774D78A6 Follow Our Instagram: https://goo.gl/AuKUDn Follow Our Twitter: https://goo.gl/TZf4YS All ICO reviews are paid reviews. All opinions are our own. Do your own research before clicking any links in the description and investing …

Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.S. dollar or established commodities like gold. Volatility is one of the main reasons why several institutional investors and individuals have thought twice about …

Mongolia Issues First Digital Currency License to Local Telecom Operator

Mongolia has taken a significant step forward toward bolstering its fintech sector, with the East Asian country’s central bank authorizing a local telecom operator to issue a digital currency under the country’s recently-passed national payment system bill. As first reported by state-owned news agency Montsame, the Bank of Mongolia on Friday issued its first-ever digital …