The Japan Exchange Group or JPX established a group involving a number of corporations under its umbrella to test the Proof of Concept market infrastructure of Blockchain. The Tokyo and Osaka Stock Exchanges will work with Japan Securities Clearance Corporation to check the prototype mutually. JPX already announced last February it teamed up with the Japanese Division…

Bitcoin markets are currently going crazy as an ongoing bull run is pushing BTC/USD rates to new highs, prices that hadn’t been reached since 2013’s bubble. Major Signals Back to back sell order kept smashing selling pressure and broke through resistance, pushing the price to levels even higher than $800. The market’s sentiment is…

Is the market price of Bitcoin still upbeat? The People’s Republic of China (PROC) is intensifying its efforts to hold back capital outflows following the decline of the Chinese Yuan to a low of over eight years. Capital outflow refers to capital that comes out from an economy. This is often caused by socio-economic and political issues…

BTC/USD markets seem to be going through a period lead by volatility, as the recent break through resistance at $790 levels would lead one to expect. Yet, the recent patterns indicate that the outlook isn’t particularly grim as new highs are being reached after the breakthrough. All this amid growing resistance. Major Signals Resistance above…

Multinational Technology Giant International Business Machines (IBM) based in New York City (USA) partnered with Indian Business Corporation Mahindra Group to expand Blockchain-based network applications. The two companies are developing a model or trial product that can monitor supply chain transactions through Blockchain. IBM and Mahindra IBM maintains operations in 170 countries and is one of…

In spite of the break through resistance, selling pressure hasn’t managed to push BTC/USD rates much lower than $790 levels. Volatility was to be expected but as surprising as it might sound, the price hasn’t dropped below $787 after the spike the pushed bitcoin’s price above $790. Major Signals Selling pressure in BTC/USD markets keeps…

Bitstamp, a notable Bitcoin exchange based in Luxembourg, will stop its operations in Washington State on December 20 citing stringent regulations imposed by the State Government. A user of Reddit, social news aggregation and discussion website, posted the letter online. The communication was addressed to users. It stated that users had until December 20 to…

During the last couple of weeks, the IRS has become more aggressive when it comes down to imposing regulation on digital currency exchanges. Not long ago, they asked Coinbase to submit user information for their investigations, thus sparking numerous controversies on the digital currency market. According to recent reports, in what can be described as the…

While trading volumes aren’t remarkably higher than normal, BTC/USD price rates surged above $790 and it doesn’t seem like there’s major resistance for a further price rise above this level. So far, Buying pressure has even managed to keep the price close this level. Major Signals Selling pressure seems to have been “on hold” ever…

Bitstamp, a regulated Bitcoin Exchange in Luxembourg (Europe), has jumpstarted a web-based investment campaign and opened this to eligible investors. Funds obtained will be utilized to step up development of additional products in a controlled and conforming environment. The new investment round for the standardized venue started at the Bnktothefuture.com investment platform last December 6…