Ethereum : Price Analysis, March 02

Ethereum : Price Analysis, March 02

ETH/USD Ethereum is underperforming. For the past five days, it has been struggling to break out of the 20-day EMA. In our previous analysis, we had asked traders to raise their stops to breakeven on half position and hold the rest with a stop at $780. If the ETH/USD pair breaks and sustains below the trendline of the ascending […]

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Bitcoin : Price Analysis, March 02

Bitcoin : Price Analysis, March 02

Bitcoin trading volume is languishing at about half of the average seen during its December peak. While a few believe that this is a sign of an approaching bear market in Bitcoin, we don’t agree with that point of view. During the frenzy, as seen in December of last year, it is natural to have a surge in […]

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Trade Recommendation: NXT/Monero

Trade Recommendation: NXT/Monero

The NXT/Monero (NXT/XMR) pair launched its bull run on December 7, 2017 when it breached resistance of 0.002. The momentum of the breakout was so strong that it went as high as 0.00588 on December 24. As the market grew by 194% in less than three weeks, it prompted breakout players to take profits. Unfortunately […]

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South Korean ‘Big Five’ Bank Completes Ripple Remittance Trial

South Korean ‘Big Five’ Bank Completes Ripple Remittance Trial

Woori Bank, one of South Korea’s biggest banks, has reportedly completed a successful overseas remittance trial enabled by the blockchain technology developed by Ripple. South Korean ‘big five’ bank Woori has completed the second phase of an overseas remittance trial using San Francisco-based enterprise blockchain startup Ripple, a move that sees the commercialization of blockchain […]

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