Ethereum Price Analysis: ETH/USD Recovering Higher

Ethereum Price Analysis: ETH/USD Recovering Higher Key Highlights ETH price is moving higher and is recovering above the $500 level against the US Dollar. There was a break above a major bearish trend line with resistance at $482 on the hourly chart of ETH/USD (data feed via Kraken). The pair may dip a few points,…

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Bank of Canada: Blockchain Not More Effective Than Central Bank System ‘at This Time’

Bank of Canada: Blockchain Not More Effective Than Central Bank System ‘at This Time’ A Bank of Canada (BoC) official questioned the effectiveness and security of using blockchain tech for banking at a conference in South Korea today, June 14, according to local reports. As part of a presentation at the 2018 G20 Global Financial Stability Conference in Seoul, James…

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AlphaPoint Raises $15 Million In First Major Funding Round

AlphaPoint Raises $15 Million In First Major Funding Round Crypto services company AlphaPoint successfully raised $15 million in its first major round of venture capital funding, the firm announced Thursday. AlphaPoint raised the funds through Mike Novogratz’s Galaxy Digital, the self-described cryptocurrency merchant bank. Chief executive Salil Donde said Galaxy Digital managing director Greg Wasserman is…

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The EOS Blockchain Is Now Officially Live

The EOS Blockchain Is Now Officially Live The EOS blockchain is now live. At press time, the blockchain has received more than the 150 million votes needed to determine the individuals or entities that will maintain the distributed network, the world’s fifth largest by total value, thus ending a weeks-long process that had been among the most…

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Ireland Aims to Become Blockchain Hub with New Initiative

Ireland Aims to Become Blockchain Hub with New Initiative The Irish government is seeking to promote the research and development of blockchain technology in the country, the Irish Times reported on June 11. The initiative is being led by IDA Ireland, a state agency charged with attracting foreign direct investment to the country. Dubbed Blockchain Ireland, the…

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Bethereum, a Decentralized, Blockchain-Powered Social Betting Platform Prepares to Bring Transparent and Fair Betting to the United States

Bethereum, a Decentralized, Blockchain-Powered Social Betting Platform Prepares to Bring Transparent and Fair Betting to the United States   Hong Kong — June 2018 – Bethereum, the company introducing a blockchain-based solution to social betting, is  promoting a safe and transparent online platform that incorporates powerful gamification elements for a truly rewarding and empowering online betting…

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Steve Bannon May be Eyeing a Move into the ICO Space

Steve Bannon May be Eyeing a Move into the ICO Space Not content with disrupting U.S. politics, Steve Bannon now wants to disrupt the financial system with a move into the crypto space, according to a new interview. In a Bloomberg article published Thursday, Bannon – who was previously chief strategist for President Donald Trump and executive chairman of…

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