Bitcoin markets seem to be on a volatile state after a slight correction preceded quite a bit of sideways trading. Large orders easily move the price up and down as traders seem to be following market movements with little to no hesitation. Major Signals Buy walls are largely outweighed by sell walls, something that indicates…

Peter Osher, chief revenue officer of MoneyGram International does not see the Bitcoin Blockchain as having disrupted the global remittance industry. Traditional systems are still reliable because of regulatory and usability concerns confronting crypto-currencies. Meanwhile, the $US40 million worth of remittances the Digital Currency Group reported through its start-ups hardly matters considering that this is…

The BTC/USD market did eventually see a correction after the price rise. All it took  for the price to drop again was a few large back to back sell orders, although the price has since recovered. Major Signals A few substantial sell orders dropped the price down to $750 levels, following the price spike that…

Factom is a Blockchain Technology Company based in Austin, Texas (USA) with offices in London (United Kingdom), Sunnyvale, CA (USA), Shanghai (China) and Beijing (China). The company offers data management and record-keeping support services for businesses. Just recently, it was the recipient of a grant from the Bill and Melinda Gates Foundation. The funding is…

It’s been a surprisingly good couple of days for BTC/USD markets. Buying pressure kept pushing the price up through new highs with great momentum after the price spike. Major Signals Selling pressure seems to only be influencing the price when the high of $775 is reached, as major drops of the day only happened in…

Business students of 13 universities from different countries competed in a crypto-currency investment challenge sponsored by Kraken, a digital currency exchange (Bitcoin and Litecoin), and publicized by The Economist Magazine. Kraken operates in the United States, Canada, The European Union, and Japan. Dubbed as the Kraken Case Study Competition, the objective was to determine which Blockchain…

A Blockchain technology advocate, Gavin Wood (former ETHEREUM Chief Technology Officer) and founder of Parity Technologies teamed up with MELONPORT AG (Switzerland), which builds multi-chain software for asset management. This software supports Interoperability among various blockchains with verifications of identity attributes. Its initial application is for crypto-currency portfolios. MELON software is the first app for POLKADOT,…

Yesterday’s bull run not only broke resistance, but also ushered the price to levels above $750. The market seems to have embraced the price rise, as we’ve yet to see a drop below that level. Major Signals Market sentiment has changed dramatically since the time before the price rise leading to levels above $750. …

The financial watchdog of South Korea unleashed a digital currency team with the goal of introducing new rules governing exchanges during the early part of 2017. The Financial Services Commission (FSC) assembled members of the working group and scheduled inquiries within the next few months. Members of this task force include representatives from other government…

United States Multi-national retail conglomerate Wal-Mart is embracing new technologies which includes Blockchain to deal with food safety issues. There are more than 6, 000 Wal-Mart stores that serve roughly 260 million patrons. This is a tall order especially when it comes to monitoring food sources, but Blockchain technology can make things easier for the…