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Coinbase has retracted reports of obtaining SEC approval for a trio of acquisitions in its quest to become a broker-dealer. The company also said it only discussed aspects of the deal with SEC officials and didn’t require the Commission’s go-ahead. This is the second time in as many days where a significant piece of news … Continue reading Coinbase Retracts SEC Approval Claims →

Litecoin price surged higher and broke the $90.00 resistance against the US Dollar. LTC/USD is correcting lower, but it remains supported for more gains. Key Talking Points Litecoin price rocketed higher and broke a key barrier near $90.00 (Data feed of Kraken) against the US Dollar. There is a short-term bullish trend line forming with … Continue reading Litecoin Price Analysis: LTC/USD Sets Eyes on $100 →

Ethereum finally made an upside break above the double bottom reversal pattern previously highlighted. The chart pattern spans $400 to $500 so the resulting climb could be of the same height, possibly taking Ethereum to $600 next. However, the 100 SMA is still below the longer-term 200 SMA to suggest that the path of least … Continue reading Ethereum (ETH) Price Analysis: Reversal Pattern Confirmation →

Bitcoin busted through the neckline of its inverse head and shoulders chart pattern to confirm that a reversal is about to happen. Price is closing in on the next area of interest visible on the 4-hour chart, so bulls might be keen on booking profits soon. The reversal chart pattern spans $5,800 to $6,800 so … Continue reading Bitcoin (BTC) Price Analysis: Finally a Bullish Break! →

Changpang Zhao, the well-known CEO and founder of Binance, has just released Binance’s “Q4 Recap” article, which covers a variety of insider insights on the progress of the platform over the past 3 months. Binance CEO Confirms $32 Million Coin Burn  On Sunday, Binance’s CEO announced that the Binance team was preparing for the coin … Continue reading Binance CEO Confirms BNB Coin Burn In The Exchange’s Fourth Quarterly Update →

The Canadian province of Québec has been given permission to charge cryptocurrency miners higher electricity rates than those charged to residential customers. Canada has never been one to shy away from their interest in cryptocurrencies. They are also using blockchain technology to streamline certain air travel procedures and have given the go-ahead for a blockchain exchange-traded fund (ETF). … Continue reading Québec Charging Cryptocurrency Miners Double for Electricity →

A blockchain-backed trade finance platform is getting ready to be launched by the Hong Kong Monetary Authority and partners. The system currently stands as one of the largest examples of a government-backed effort to tackle issues in the worldwide trade finance industry. Those who work in the trade finance sector often sift through lots of … Continue reading Blockchain Trade Finance Platform Set to Launch In Hong Kong →

A Bitcoin miner project operating under the Kodak brand has collapsed. The company behind the scheme has said that it has been stopped from proceeding any further by the SEC.  Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the CES technology show held in Las Vegas. … Continue reading Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC →

After a prolonged crypto winter, the dog days of the altcoin summer are finally here — which means you might want to watch these five cryptocurrencies carefully. NAGA Coin (NGC) First on the list of cryptos to look out for this summer is NAGA COIN (NGC). NAGA COIN is the token which powers the expansive … Continue reading 5 Altcoins to Look Out For this Summer →

Multinational financial services corporation American Express has shown increased interest towards blockchain-based technology. Following in the footsteps of major competitors like Mastercard, the company has filed a patent for a proof-of-payment system based on blockchain technology.   American Express — commonly referred to as Amex — filed a patent on July 12 called “Systems and Methods for … Continue reading American Express Files Patent for Blockchain-Based Proof-of-Payment System →