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Day: December 14, 2017

cryptocurrency December 14, 2017

ETH/USD Ethereum fell later in the day on Thursday, reaching down towards the $670 level. I think that the market looks likely to try and find support near the $650 level, and if it cannot find it there, we will see support at the $600 level. Be patient, and add to a position very slowly. […]

cryptocurrency December 14, 2017

In a normal week, there is a ton of Ethereum news to sort through. We have to parse everything from shady ICOs to scaling roadmaps to new regulations. This week, however, was anything but normal. Only one story mattered: The launch of a Bitcoin futures contract. The Chicago Board Options Exchange (CBOE) was the first […]

cryptocurrency December 14, 2017

Key Highlights ETH price made a nice upside move and traded above the $720 resistance against the US Dollar. There are two important bullish trend lines forming with support at $685 on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $735 level would open the doors for […]

cryptocurrency December 14, 2017

Danish authorities are researching cryptocurrencies as a way to improve humanitarian efforts. On December 12, 2017, a report titled Hack the Future of Development Aid was released by the Danish Ministry of Foreign Affairs with help from the Sustainia think tank and Danish blockchain and e-commerce firm, Coinify. The report highlighted some of the benefits […]

cryptocurrency December 14, 2017

The consumer goods giant Unilever will take part in a trial involving blockchain-based tracking of products across supply chains. The pilot aims to quantify the sustainability of agricultural practices and reward farmers when appropriate. An upcoming pilot project will test a blockchain-based shared data system intended to connect a range of parties, including up to […]

cryptocurrency December 14, 2017

December 14, 2017 4:24 PM Given the differing viewpoints of Turkish officials, to an onlooker it may be hard to tell whether authorities support or oppose implementing cryptocurrencies. While the meteoric rise of cryptocurrencies continues, Turkey’s Deputy Prime Minister Mehmet Simsek, formerly a strategist at Merrill Lynch in London, joins the ranks of naysayers, reportedly […]

cryptocurrency December 14, 2017

There are many Ethereum wallets to choose from, and the list can be overwhelming for people just starting out with Ethereum. While there are many wallets to choose from, you need to make sure you choose a wallet that’s compatible with Ethereum and other tokens based on it, known as the ERC20 Token Standard. The […]

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