Litecoin (LTC) Daily Price Forecast – July 5.

LTC/USD Medium-term Trend: Bullish Resistance Levels: $85, $86, $87 Support Levels:$83, $82, $81 Yesterday, July 4, price of Litecoin was in a bullish trend. I suggested the use of trend line as a means of determining the support levels of price in a bullish market to initiate long trades. Trend lines can also be used […] origin »

Bitcoin Market Update.

At the time of writing, the price of Bitcoin (BTC) was sitting at around the $6,510 mark and had jumped approximately 14% after finding support at the six-monthly low level of $5,790. While we did expect a bounce from this support zone, buyers should beware the bull trap. In our view, this is not the […] origin »

Nebulas Rank Yellow Paper is Now Public.

The recent opening of Nebulas Rank key code has made this project one of the leaders in the sphere of value measurement for blockchain. The recently published yellow paper proves that Nebulas can go beyond itself: the new set of rank algorithms effectively resists manipulations, can work with smart contracts and extends to multi-dimensional vector. origin »

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European Parliament Considers Balanced Crypto Report.

Major governments will have to come to terms with digital currencies, according to a report to the European Parliament. Although virtual currencies are not likely to replace traditional money anytime soon, the briefing paper argues that they are also not a mere bubble or fad; crypto is here to stay, and should be regulated on […] The post European Parliament Considers Balanced Crypto Report appeared first on Crypto Briefing. origin »

Kim Dotcom Loses Extradition Appeal, Will Take Case to Supreme Court.

Megaupload founder Kim Dotcom has suffered a major setback in his long-running battle with United States authorities over defunct file-sharing site Megaupload. In a decision handed down this morning, New Zealand’s Court of Appeal ruled that he and three former colleagues – Matthias Ortmann, Bram van der Kolk and Finn Batato – are eligible for […] origin »

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Bitcoin Reaching $100k is ‘Quite Likely,’ Claims ADVFN CEO.

ADVFN CEO Clem Chambers believes the price of Bitcoin will revisit its all-time high before hitting $100,000. What Goes Down Must Come Up While chart watchers wonder whether Bitcoin’s latest movement is the start of a bull run or simply a guppy rally, various individuals in the financial world continue to make long-term predictions. origin »

Huobi Opens Australian Exchange.

Huobi, the fourth largest cryptocurrency exchange in the world, launched its Australian platform, today, July 5th. This newest branch of the Huobi network will be accepting Australian Dollar transactions in exchange for 10 different coins, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. origin »

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Vertex ICO (VTEX Token): Initial Coin Offering Aftermarket?.

More than ever before, blockchain has genuinely shown its potential through the countless ICOs that aim to change people’s lives in one way or another. However, not every ICO out there is legit, and for sure there are plenty of scams looking to rip off countless investors through face initial coin offerings. Nevertheless, the same […] origin »

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Japan’s Module Platform Offers Users the Chance to Earn Cryptocurrency with Their Gadgets.

The company has already collected more than $2 million through a private sale of its coins. This is not surprising, as this platform has the potential to turn the cryptocurrency market on its head in several different ways: secure mining, storage of a large amount of data using gadgets around the world, and financing of blockchain through the creation and development of decentralized applications (DApps). origin »

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South Korea legitimizes Blackheine business with major new classification standards.

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps) origin »

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IRS Launches International Crypto Tax Enforcement Coalition.

The US Internal Revenue Service has launched an international joint task force focusing on cryptocurrencies in order to investigate crypto-related tax evasion and money laundering. Announced on Monday, the Joint Chiefs of Global Tax Enforcement (J5) will see tax enforcement agencies form the US, UK, Australia, Canada, and the Netherlands in join forces in order […] The post IRS Launches International Crypto Tax Enforcement Coalition appeared first on CryptoSlate. origin »

How developing countries are using Cryptocurrency for greater prosperity.

If you thought cryptocurrency is a bubble ready to burst, controlled and confined in the hands of the powerful and affluent, then think again. Despite many large corporations, private and public, recognising the potential cryptocurrency creates and thereby ardently incorporating blockchain technology, small countries with less economical might are, refreshingly, dipping their toes into the […] The post How developing countries are using Cryptocurrency for greater prosperity appeared first on ZyCrypto. origin »

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