This past week, Ethereum price struggled on many occasions to clear the $172 resistance against the US Dollar. However, the recent sharp rise in bitcoin price above the $7,000 level triggered an upside break. The ETH/USD pair broke the $172 and $178 resistance levels to move into a positive zone. The upward move was strong since the price even surged above the $190 level and settled well above the 100 simple moving average (4-hours). The bulls pushed the price above the $200 level and a new monthly high was formed near the $206 level. Continue reading Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher
With so many cryptocurrency projects creating decentralized exchanges (DEXs) of their own, it’s reasonable to be skeptical about yet another. Today, cryptocurrency project Decred released an official proposal for its own Decentralized Exchange (DEX). Continue reading No More Trading Or Listing Fees? Decred Releases New DEX Proposal
Malaysian government officials have come out to say they are still undecided on whether or not they will legalize cryptocurrency. The matter is still under consideration, which is frustrating those looking to seize the moment to help the Malaysian cryptocurrency industry grow. Continue reading Malaysian Government Still Deciding Whether or Not to Legalize Cryptocurrency
The Europe-based company LockTrip wants to put the accommodation industry on the blockchain by creating “the first functional blockchain-based travel service.” The team says it already offers 100,000 hotels and more than 1,500 vacation rentals all over the world, with an average discount of almost 20 percent when compared to other booking sites — and with plans to add an additional 300,000 hotels and 900 airlines to its marketplace by end of January 2019. Continue reading Blockchain Travel Service to Offer Hotels 20 Percent Cheaper Than on Booking.com or AirBnb
An ICO (Initial Coin Offering) is a boon for every startup aiming to raise funds. It is similar to an IPO (Initial Public Offering) or crowdfunding in which new projects sell their underlying crypto tokens in exchange for cryptocurrencies. Most ICOs operate on blockchain technology. Continue reading The ICO gold rush — the future of fundraising for blockchain companies or just another cryptocurrency scam?