Bahrain Invites Indian Firms to Facilitate Fintech Development in Region

Bahrain has invited Indian companies to its fintech sandbox in a bid to facilitate the development of blockchain technology in the region, The Economic Times reported on March 3. Bahrain has reportedly proposed a range of opportunities to Indian companies as their key market in the fields of blockchain, digital assets, open banking, and remittances in an effort to boost fintech growth in the country. Bahrain Economic Development Board (EDB) Senior Manager Dalal Buhejji reportedly said that some Indian companies applied for the Bahraini fintech sandbox last December, while EDB…

Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year

The moving average convergence divergence (MACD) has become the latest charting indicator to signal bitcoin may soon see a trend reversal that could put an end to its months-long price decline. As reported, the money flow index (MFI), an indicator used to identify buy and sell pressure, created a divergence Sunday widely considered to be an early sign of a bearish-to-bullish trend change, while last week, bitcoin saw a bearish crossover of its 50- and 100-week moving averages, a first since 2015. As such, the MACD became the latest in…

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Tron, Bitcoin SV: Price Analysis, March 4

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The market tends to cycle between periods of low and high volatility. After a week of small-price-range action, the range expanded on Monday and the crypto markets decided to move southwards. What has caused this sudden fall? There are no specific fundamental reasons…

Ripple Ranked One of Top Employers in San Francisco Bay Area

Payment startup Ripple (XRP) has been ranked as one of the best employers in the technology industry in the San Francisco Bay Area, according to a recent survey by research firm Good Place to Work (GPTW). On the list of the best small to medium companies to work in the Bay Area prepared by GPTW, Ripple was ranked as the 17th top employer. 91 percent of employees reportedly said that Ripple is a great place to work at, with 95 percent of the surveyed claiming that they are proud to…

Bitcoin Ransomware Hackers Laundered Money via WEX Exchange

Big Four consulting and auditing company PwC has linked Iranian nationals behind Bitcoin (BTC) ransomware scheme SamSam to the crypto exchange WEX in a recent report published in February.    The report is based on information that was previously disclosed by the United States Department of Justice (DoJ). As per the DOJ, two Iranians — Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri — were responsible for creating SamSam. SamSam is a ransomware demanding Bitcoin that reportedly damaged multiple U.S. companies, government agencies, universities, and hospitals. Within 34 months the hackers…

TradingView Adds Support for Huobi’s HB10 Crypto Index

The HB10 cryptocurrency-based index from major crypto exchange Huobi has been listed on TradingView, a major financial data and analysis platform for traders and investors. The news was announced in a Huobi press release published on Mar. 4. HB10, which represents a fund that comprises the nine leading digital currencies in terms of trading volume, was launched last year through the Huobi Pro platform. HB10 reportedly aims to “help users attain exposure to the digital assets market with a relatively small capital outlay and also provide users with greater diversification…

Israeli-Led Blockchain App Company to Make Extensive Layoffs While Restructuring

Gibraltar-registered Israeli blockchain application platform First Digital Assets (FDA) will fire most its employees in a major restructuring process, the company confirmed to Israeli English-language news resource Globes on March 4. FDA, which operates multiple spin-off companies in the blockchain space, will merge all but one of them into their parent company. Its research arm, One Alpha, will reportedly close entirely. The latest company in the blockchain industry to perform a drastic cost-cutting exercise, FDA said tough market conditions lay at the heart of its decision. “The cryptocurrencies market experienced…

Weekly MACD Histogram Most Bullish It’s Been Since Bitcoin Price Was Over $13K

The moving average convergence divergence (MACD) is a lagging indicator many analysts use to track longer-term trend changes in assets across a variety of markets. In Bitcoin, the histogram of this key indicator had been bearish throughout most of 2018 and into 2019, and only recently just rose into bullish territory during last week’s rally where Bitcoin price topped out at $4,200. Although the rally has run out of steam and since retraced, bullish momentum may not be gone completely, as the weekly MACD histogram has now reached its highest…

Opportunity for Litecoin (LTC), Kroger Bans Visa Citing High Fees

Litecoin (LTC) trading above $35, bullish Can Kroger accept cheap LTC after banning Visa credit cards due to high fees Participation levels low days after prices rocketed from $20. If by any chance Kroger accepts Litecoin after banning credit card fees due to high fees, Litecoin (LTC) will surge. The coin is up to fifth and 4.6 percent from last week’s close as bulls cement their position shaking off sellers. Litecoin Price Analysis Fundamentals From inception, Litecoin founders were very specific. With all the pomp of a censorship resistance and…

Ridesharing App Lyft Partners With Blockchain Startup to Tokenize Healthcare Transport

Ridesharing app Lyft has partnered with blockchain startup Solve.Care to tokenize healthcare-related transport arrangements. The development was announced in a press release from Solve.Care on March 4. Estonia-based Solve.Care is a decentralized, blockchain-powered platform that focuses on enhancing healthcare administration and access to healthcare services for users and insurers. The partnership with Lyft will allow Solve.Care users to schedule Lyft rides to doctors’ clinics, hospitals, and pharmacies, with automated payments using native utility token SOLVE via their Solve.Care digital wallets. Payment for rides can be shared with family, employers, insurers…