Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong…

Summary: Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support. At the moment, the bitcoin market is working on testing a third level, but is currently feeling out the strength of the supply and demand. We have yet to see a strong test of the overhanging liquidity zone in the $5,700 to $6,000 range so, it seems logical to see a test of that region before any meaningful, macro pullback takes place.…

SBI Delists BCH Amid Major Crypto Exchanges Delisting BSV

This article has been updated to specify that SBI Holdings has made an announcement about the delisting of BCH, and not mentioned listing BSV. Japanese financial services giant SBI Holdings will delist bitcoin cash (BCH) from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16. SBI Virtual Currencies has now officially announced its plans to delist bitcoin cash — a cryptocurrency created from a hard fork of bitcoin (BTC). Bitcoin cash is the first hard fork of the major cryptocurrency, created in August 2017. In turn,…

Gemini Exchange Announces Full Adoption of the SegWit Protocol

Per an official announcement, the cryptocurrency exchange Gemini Trust has confirmed full integration of Segregated Witness (SegWit) addresses to its wallet infrastructure. Gemini hopes its users will benefit from improved processing times and lower bitcoin withdrawal fees. “We believe SegWit will become the standard, and in doing so, will create extensive benefits for all participants on the Bitcoin network,” Brian KimJohnson, a Gemini software engineer, stated in the post. The SegWit protocol update was activated in 2017 and, in short, it separates transaction data and digital signature information. As a…

International Bitcoiners Pitch In on Notre-Dame Restoration Effort

The Bitcoin community has been contributing to a crowdfunding campaign to restore the famous Notre-Dame de Paris, which suffered a catastrophic fire on April 15, 2019. During an ongoing renovation effort, the nearly 900-year-old cathedral experienced a colossal blaze due to what is currently believed to be a construction accident. The fire caused significant damage to the church, causing, amongst other damage, the building’s spire to collapse and the roof to burn away. However, the stone foundations are solid, most of the art was already moved off site for the…

Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. A number of provincial governments are offering lower rates to attract bitcoin miners and Labrador’s government is considering energy incentives to attract what it says are “outstanding requests for service” from bitcoin and other “data centre” processors, according to a report from the National Post. The province of Quebec experimented with energy incentives but was so overwhelmed by the…

Will Cardano (ADA) Rally Above 9.5 Cents? Fireworks After Goguen

Cardano (ADA) retesting middle BB Charles Hoskinson confirms that Goguen is independent of Shelly Goguen is Cardano’s development phase which tags along smart contracting. It will be independent, and despite delays in Shelly, developers can deploy it as Cardano edge closer to launch. Whether that will help lift prices, we don’t know, but so far Cardano (ADA) may drop to 6 cents. Cardano Price Analysis Fundamentals Charles Hoskinson, the leader of Cardano’s technical/quality team and the person behind the architecture of the smart contracting platform, is indeed a visionary. He…

Ripple (XRP) Conquering Asia, But Why the Divergence With Price?

Ripple (XRP) support at 30 cents Standard Charter expanding to Asia Adoption means day-to-day settlement using XRP and CoinBase is experimenting with Litecoin, BTC, and ETH after partnering with Visa. With time they may add Ripple (XRP) but at the moment Standard Charter, a partner with Ripple, is extending their services to Asia to meet increasing demand. Ripple Price Analysis Fundamentals Fact is, for the space to flourish, there must be an avenue allowing not only investment but expenditure of digital assets. Ripple (XRP) may the third most liquid meaning…

UK Blockchain Startup Raises $3.9M With Equity Tokens Via LSE’s Turquoise Test Platform

This article has been corrected to reflect that the money raised was in collaboration with the Turquoise platform in a test environment, and not on the LSE’s Turquoise platform itself. United Kingdom-based blockchain startup 2030.io has raised $3.9 million in collaboration with a platform owned by the London Stock Exchange (LSE), according to a press release shared with Cointelegraph on April 15. Known as Twenty Thirty or 20|30, the startup has reportedly secured 3 million British pounds (GBP) by selling tokenized shares and settling them in a test environment on…

EToro Blockchain Division Launches Crypto Exchange for Pro Traders, Issues 8 Stablecoins

The blockchain division of global social trading platform eToro has launched a cryptocurrency exchange for pro traders, a press release shared with Cointelegraph on Tuesday, April 16, states. EToroX claims to be a secure a secure and fully regulated trading venue. As for now, the platform offers 37 trading pairs, with the ability to convert six cryptocurrencies to fiat, such as the dollar, euro and Swiss franc. The exchange currently allows users to trade bitcoin (BTC), ethereum (ETH), ripple (XRP), dash (DASH), bitcoin cash (BCH) and litecoin (LTC). According to…

Arca Funds Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain

Arca Funds, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12. The company has filed with the United States Securities and Exchange Commission (SEC) to issue its Arca UST Coins — digitized shares that will be authenticated and then recorded in a form of ERC-20 compatible tokens on ethereum (ETH) blockchain. Arca elaborated that authentication of a transaction before it is recorded will allow the blockchain to store only valid and authorized transactions, and once…