Malaysia’s Stock Exchange Eyes Blockchain for Bond Market Digitization
Known as Project Harbour, the initiative will use distributed ledger technology as a register for a bond marketplace. Source
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Singapore’s Central Bank Eyes Commercial Role for Its Blockchain Payments Tech
A blockchain project from the Monetary Authority of Singapore (MAS) and state investor Temasek has completed its final development phase and is now being considered as the basis for commercial payments ventures. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides
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Ethereum May See Its Most Important Breakout Since 2018: All Eyes on $240
Out of the top-five cryptocurrencies, Ethereum has been the most bullish one over recent weeks. The cryptocurrency has pushed closer and closer to local highs as Bitcoin and XRP have stalled.Analysts say that with this recent price action, ETH is likely preparing to see a massive breakout. One trader, in
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Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
Kazakhstan is becoming an important destination for Bitcoin (BTC) miners seeking cheap electricity in the post-halving market driven by thinner margins. According to recent reports, the oil-rich Central Asian country expects the total amount of money invested in local crypto mining operations to double by the end of 2020 and
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As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout
Bitcoin is looking to leap key resistance alongside a strong rally in gold. The top cryptocurrency by market value is trading around $9,300 at press time, according to CryptoX’s Bitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and 22 highs. A sustained move past $9,330 would
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Bitcoin Enters “Buy Zone” As It Eyes $10,000 and Beyond
Bitcoin remains stagnant without providing any clear signs of where it is headed next. Over the past month, its price seems to have leveled off as continues consolidating within a $1,000 trading range.The ongoing stagnation phase forced the Bollinger bands to squeeze on BTC’s 1-day chart. Squeezes are indicative or
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Ethereum Network Hits Massive Milestone as Analyst Eyes 200% Rally
Since the all-time highs that were seen at the start of 2018, the price of Ethereum has collapsed dramatically. From the $1,430 highs, the asset is now down approximately 85%, trading at $240 as of the time of this article’s writing.Despite the utter collapse in the market, the underlying network
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Why All Eyes Should Be on the $9,000 Bitcoin Price Level This Week
Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled with a small pullback. Has Bitcoin topped out? Is there too much selling pressure around $10K? Let's take a look at what's happening with the largest cryptocurrency by
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Polymath Eyes June Testnet Launch for New Blockchain Designed for Security Tokens
Polymath is closing in on the launch of the first test network for its new blockchain – one designed to bring new safeguards for financial institutions working with security tokens.With the Aldebaran testnet, the security token issuer is implementing a relatively new type of protocol scheme known as nominated proof-of-stake
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Bitcoin Eyes First 9-Week Bull Run as Options Open Interest Hits $1B
Bitcoin (BTC) is just days from sealing the longest weekly bull run in its history, as markets continue to push for $10,000 support.Data from Cryptox Markets, CoinMarketCap and TradingView confirmed that as of May 8, BTC/USD was on course for its eighth consecutive green candle on weekly timeframes.Bitcoin 10-month weekly
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