Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls…

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Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level

Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level

Ethereum has seen some sizeable gains over the past several days and weeks, although this uptrend may be short lived due to a top formation that it just posted on its daily chart right below a key resistance level. This comes shortly after the cryptocurrency broke below its macro adoption curve, and the confluence of…

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Blockchain Analytics Firm CipherTrace to Support Traceability for Binance Chain, BNB

Blockchain Analytics Firm CipherTrace to Support Traceability for Binance Chain, BNB

Menlo Park, California-based CipherTrace, a leading blockchain and Big Data analytics firm, announced on November 5 that it has added support for Binance Chain, a public blockchain network developed by Binance, the world’s largest digital asset exchange. As noted on Binance’s official website: “Binance Chain is the underlying blockchain layer for Binance DEX. Now, with…

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Stellar (XLM) Surges 14% Following SDF’s Massive 55 Billion Lumens Token Burn

Stellar (XLM) Surges 14% Following SDF’s Massive 55 Billion Lumens Token Burn

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the ongoing development of the open-source Stellar protocol, has burned 55 billion of its XLM tokens, which accounts for half of the digital currency’s circulating supply. In #Mexico City for the #meridian conference on #Stellar, blockchain technology & Mobil Money. Looking forward…

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Accounting and Consulting Firm Armanino Launches Blockchain-based Software Tool

Accounting and Consulting Firm Armanino Launches Blockchain-based Software Tool

California-based Armanino, an accounting and business consulting company, has introduced a new blockchain-powered software tool. Launched on Wednesday, the company’s distributed ledger technology (DLT)-based tool can reportedly perform firm-originated financial audits within seconds. Dubbed the TrustExplorer 2.0, Armanino’s new product is among several others that have been designed to streamline routine accounting processes. Armanino’s TrustExplorer…

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Fundament Group Partners Tezos Foundation to Create Digital Securities Infrastructure

Fundament Group Partners Tezos Foundation to Create Digital Securities Infrastructure

Berlin-based Fundament Group, a blockchain firm that aims to democratize access to financial investments by offering regulated real estate crypto tokens, announced on October 31 that it has teamed up with the Tezos Foundation in order to launch a “groundbreaking” legal-tech platform for tokenizing compliant financial products on the Tezos blockchain network. Fundament has reportedly…

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Overstock’s STO Platform tZERO and Tezos Foundation to Tokenize £500 million in Real Estate

Overstock’s STO Platform tZERO and Tezos Foundation to Tokenize £500 million in Real Estate

Utah-based Overstock, a large online retailer for brand names at clearance prices, revealed that its security token platform tZERO has teamed up with the Tezos Foundation in order to launch an initiative that aims to tokenize £500 million (appr. $643 million) in various real estate projects. In collaboration with @TezosFoundation and Megalodon, tZERO is excited…

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