Analysts Expect Further Upside for Ethereum; Set Near-Term Target at $230
After losing its foothold within the lower-$170 region, Ethereum’s recently incurred upwards momentum appears to have faltered, as ETH has now dropped below the $170 level as Bitcoin revisits its key near-term support level at $8,000. Analysts are now expressing mixed
Energy Commodities Trading Software Launches on Hyperledger Fabric
A new software based on the Hyperledger Fabric blockchain was launched for commodities trading for the gas industry. EnHelix Marketplace was unveiled at the Gastech energy conference in Singapore, company executives told CoinDesk. The software streamlines commodities trading with applications supporting every
Markets Looking Grim, Bitcoin Lingers Above $8,000 Mark
Sunday, Sept. 27 — All of the top-20 cryptocurrencies by market cap continue to struggle following the sudden nosedive on Tuesday, Sept. 24. Bitcoin (BTC) has not been able to recover from Tuesday’s painful correction, which saw double-digit losses across the
DigitalBliz LTD CEO shares an Opinion on Cointelegraph :The Original Sins of Cryptocurrencies
The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial commodity intended for use by everyone.
Facebook in Talks for Sandberg to Testify to House Next Month By Joe Light and Elizabeth Dexheimer
Facebook Inc. is negotiating with a key congressional committee for Chief Operating Officer Sheryl Sandberg to testify as soon as next month, people familiar with the talks said, amid questions about the social media giant’s market power and its plans for a digital
ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
Dutch bank ING’s chief economist has said “fully-fledged” digital currencies will be developed by central banks in just two to three years. Mark Cliffemight, speaking in an ING video published Friday, argued that the Facebook-led Libra cryptocurrency project is putting pressure on monetary
Bitcoin’s Monster Drop Has Indicators Warning of More Pain Ahead
Many crypto investors are still struggling to explain the sudden plunge in digital assets this week. A look at technical indicators doesn’t paint a pretty picture going forward. While Bitcoin is holding above the $8,000 level, a breach below would test
Daimler Automaker Completes First Finance Trade on the Marco Polo Blockchain
A popular car manufacturer, Daimler has carried out its first transaction ever on top of the Marco Polo blockchain network. The company, which owns the Mercedez-Benz brand, used the blockchain platform to process data between them and Dürr, a company focused on creating car
Libra Crypto Is ‘Undoubtedly’ a Wakeup Call for Central Banks, Says ECB Exec
Facebook’s Libra could potentially solve some of the problems in the international payments market, but it might create a number of others that will require creative thinking by the regulators, says an European central banker. In comments to the German federal parliament Bundestag on
Bitcoin Drifts Lower as Cryptos Stabilize After Tuesday Plunge
Bitcoin struggled as the U.S. trading day began, extending its decline in the wake of Tuesday’s broad plunge across cryptocurrencies even as several alternative coins staged a modest recovery. The most traded digital asset fell 2.2% to $8,395 as of 6:42