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Japan’s Embrace of Bitcoin Masks Lack of Fintech Investment

Japan’s Financial Services Agency allows Bitcoin to be used to pay for goods and services in the country as part of an effort to foster a growing Fintech industry despite a glaring lack of any significant investment. The Japanese Financial Services Agency announced earlier in the year that they would begin allowing payment for goods…

Ethereum Price Technical Analysis – Can ETH/USD Bounce Back?

Key Highlights ETH price declined below the $295 support against the US Dollar before finding support. Yesterday’s highlighted connecting bearish trend line with resistance at $301 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The price might struggle to gain momentum and likely to correct lower towards $300 once again. Ethereum…

Bitcoin Cash Price Technical Analysis – BCH/USD Back To Square One

Key Points Bitcoin cash price declined sharply from $390 and traded towards $300 against the US Dollar. A major bullish trend line with support at $310 prevented declines on the hourly chart of BCH/USD (data feed from Kraken). The price is now back in the bearish zone below the $350 resistance level. Bitcoin cash price…

Markets Update: Bitcoin’s Pre-Fork Price Rollercoaster Begins

Bitcoin markets tumbled during the early hours of October 18 dropping roughly 6-7 percent to a low of $5,101 per token. Bullish optimism seemed to be stepping off to the sideline today as the decentralized currency struggled to capture the $5,640 zone again. Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough Bitcoin…

Lykke Vanuatu brings Binary.com tokens to Lykke Vanuatu Exchange

Lykke Vanuatu, a fintech company building a global marketplace on the Blockchain, and Binary.com, the premier platform for binary options trading, today announced an agreement to list tokens from the forthcoming Binary.com IPO on the Blockchain on the Lykke Vanuatu Exchange. Following the Blockchain IPO event, which is planned for late 2017, investors will be…

Bitcoin Won’t Replace Cash, Says Bank of Canada Deputy

Bitcoin and other cryptocurrencies are changing the world finance as we know it, says a top Bank of Canada official. However, they are unlikely to replace fiat money anytime soon. Meet Carolyn Wilkins Speaking at a finance meeting in Washington on Wednesday, BOC Senior Deputy Governor Carolyn Wilkins had positive things to say about digital…