Ethereum Price Technical Analysis: Big Leg Down

Ethereum Price Technical Analysis: Big Leg Down   Ethereum price failed to hold the short-term bullish bias against the US Dollar and Bitcoin, and now ETH/USD remains at risk of more losses towards $275. Key Highlights The ETH price short-term bearish bias got traction as it moved below the $335 support against the US Dollar.…

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Bitcoin Price Technical Analysis: Quick Retreat

Bitcoin Price Technical Analysis: Quick Retreat   Bitcoin price seems to be making a quick correction from its current climb and could find support at the ascending channel. Bitcoin Price Key Highlights Bitcoin price recently bounced off resistance near the $2800 mark and may be pulling back from a short-term climb. Price is moving inside…

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China’s FinTech Firm Brings Blockchain to Chicken Farming

China’s FinTech Firm Brings Blockchain to Chicken Farming   One day you may be able to check where your chicken was bred, raised, processed and examined. That’s because China’s ZhongAn Technology announced this week a blockchain-based system that aims to track the whole process of the chicken farming, according to Chinese media outlets Leiphone and Jiemian. Formed last November as a…

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Blockchain Association of Canada Launches Sidechain Project

Blockchain Association of Canada Launches Sidechain Project   In efforts to support the Bitcoin scaling agreement, the Blockchain Association of Canada has launched a sidechain project: Liquid Networks. The project is based in Ottawa and founded by Samson Mow of Blockstream and Joseph Weinberg of Paycase The Liquid Network, a sidechain network, aims to optimize transactions with agility and swiftness.…

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Hackers Infecting Windows Computers With Mining Malware

Hackers Infecting Windows Computers With Mining Malware   Reports have surfaced detailing a malware trojan that uses an NSA hacking tool to infect Windows computers with a cryptocurrency mining bug. The virus identifies available resources on a victim’s PC that can be used to initiate the mining of XMR (Monero). Bleeping Computer has reported that…

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Major Transaction Backlog Causes Ethereum Trading Halt

Major Transaction Backlog Causes Ethereum Trading Halt   The past 24-40 hours have been anything but fun for Ethereum users. The network suffers from a major transaction backlog. This congestion is partially caused by yesterday’s Status ICO, although it is unclear if other factors are at play as well. Unfortunately, two exchanges have been forced…

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GDAX Suffers Downtime, ETH Deposits and Withdrawals Temporarily Unavailable

GDAX Suffers Downtime, ETH Deposits and Withdrawals Temporarily Unavailable Cryptocurrency exchange platform GDAX has been experiencing downtime with the most recent one starting on June 19, causing halt to ETH deposits and withdrawals. Scheduled maintenance or security issue? GDAX houses transactions for thousands of cryptocurrency investors per day. Despite the various media recognitions, the exchange platform…

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4 Reasons Why Banks Should Provide Bitcoin Wallets

4 Reasons Why Banks Should Provide Bitcoin Wallets SURGE IN PRICE RESULTS IN INVESTOR INTEREST Shahrokhi, senior product manager in the financial industry, and previously the co-founder and CEO of Virtual Next, has a few suggestions as to why banks should adopt cryptocurrency wallets. With the current surge in cryptocurrencies’ value, they are quickly becoming a new global…

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Bitcoin Price Rises, Ethereum Price Diverges

Bitcoin Price Rises, Ethereum Price Diverges   The Bitcoin bulls are back this time pushing the price over $200 to a high of $2783. Unfortunately for Ethereum, the price diverged and actually dropped 3% at the time of writing. Ethereum has been following Bitcoin’s price patterns for the past week, but it looks like a correction…

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