Altcoins Dragging Crypto Market Cap Higher: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is slowly climbing higher and it recently broke the $260.0B resistance. Bitcoin price is currently trading in a range near the $10,200 level. EOS price is trading near $4.100 and it could start another upward move. Binance Coin (BNB) is up more than 6% and it recently surpassed the $21.50 resistance. BCH price gained more than 5% and it recently broke the $320 resistance area. Tron (TRX) price rallied 10% and broke the main $0.0165 resistance level. The crypto market cap gained after a strong…

CFTC Appoints Former Coinbase Exec as Director of Market Oversight

Coinbase’s vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission (CFTC). The U.S. CFTC Chairman Heath P. Tarbert announced on Sept. 17 that DeWitt will take responsibility for the CFTC’s oversight over derivatives platforms and swap data repositories, as well as other new platform-traded products. From asset management to market oversight Prior to joining the CFTC, DeWitt served as vice president and general counsel for business lines and markets at U.S.-based cryptocurrency exchange and wallet…

Crypto Market And Bitcoin Holding Support: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is holding the main $250.0B support area, with positive signs. Bitcoin price could recover as long as it is above the $10,000 support area. Litecoin (LTC) price is eyeing an upside break above the $73.00 and $75.00 resistances. Bitcoin cash price is currently consolidating above the key $300 support area. EOS price is trading in a range above the $4.000 support, with bullish signs. Stellar (XLM) price is likely to make another attempt to surpass the $0.0600 resistance. The crypto market cap is showing positive…

BIS Economist Proposes DLT-Based Financial Market Monitoring

An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT). In a recently released working paper, economist Raphael Auer made the case for so-called embedded supervision, which would automatically monitor tokenized markets. This would purportedly eliminate the need for the collection, verification and delivery of companies’ related data. New forms of transparency and data credibility Per the report, DLT and smart contracts can facilitate the development of financial markets through new forms of transparency and data credibility, and…

Crypto Market & Bitcoin Sighting Upsides: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently holding the $250.0B support area. Bitcoin price is struggling to gain momentum above the $10,400 and $10,500 resistances. EOS price is up more than 2% and it recently broke the key $4.000 resistance area. BCH price is back above the $300 pivot level and it could climb towards the $320 level. Tron (TRX) price is consolidating losses below the $0.0165 resistance area. Cardano (ADA) price is eyeing an upward move towards the $0.0500 resistance level. Bitcoin and the crypto market cap are likely…

Crypto Mining Supply Fails to Meet Market Demand in Q2: TokenInsight

The supply of crypto mining machines failed to meet market demand in Q2 2019 despite the surge of mining hardware prices, new research says. Popular suppliers ran out of stock in Q2 Bitcoin (BTC) miner market saw significant inflation during Q2 2019, with the majority of miners from various suppliers experiencing shortages, according to Q2 2019 cryptocurrency mining industry report by crypto analytics firm TokenInsight. In the report, released on Sept. 13, the San Francisco-based crypto data supplier wrote that the mining equipment market still performed quite well in Q2…

Market Continues to Trade Sideways as Bitcoin Price Dips Below $10,300

Tuesday, Sept. 10 — Cryptocurrency markets continue to largely trade sideways with Huobi (HT) token being the only top-20 coin that is showing above-average gains. Market visualization. Source: Coin360 Bitcoin (BTC) saw an intraday high of around $10,390, while slowly trading downwards up to its current trading price of $10,204 according to data from Coin360. The world’s No.1 crypto is showing a small loss of 0.5% on the day. In a Twitter debate with Primitive Fund co-founder Dovey Wan on Sept. 9, Blockstream CEO Adam Back had said altcoins’ previous supremacy was…

Market Mostly Trades Sideways as Bitcoin Price Holds Above $10,300

Monday, Sept. 9 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Market visualization. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part of the day and seems to be holding above the $10,300 price mark. The coin saw a low of $10,080 earlier before moving to an intraday high of around $10,400, and is currently trading at $10,354, showing a small loss of 0.41% on the day. In a crypto price analysis for Cointelegraph earlier today,…

Blockchain in Healthcare Market to Surpass $1.6 Billion by 2025

The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights. In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to a number of factors such as the implementation of government initiatives and increasing investment in the field. Growth factors for blockchain in healthcare Examination of medical outcomes, interoperability of health data and cost component reductions will further impact blockchain adoption,…