CryptoCurrency News: Delays Be Damned: Tezos Blockchain Tech Enters Beta Testing

A nearly year-long wait appears to be over for investors in the embattled block chain project Tezos.

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CryptoCurrency News: Payments Giant Qiwi Unveils Crypto Investment Bank

Russian epayment giant Qiwi is launching a crypto investment bank to advise ICO investors and help companies tokenize their assets.

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[FOREX TIP] USDCHF Weekly Forex Forecast – 2nd to 6th July 2018

USDJPY Weekly Forex Forecast – 2nd to 6th July 2018

Technical Outlook: The USDCHF currency pair posted a reversal back near the resistance area of 1.00 – 0.9979 region. The declines off this level saw the currency pair falling back to the lower support region of 0.9894. With the 4-hour Stochastics currently near the oversold level, there is a possibility that USDCHF could post a modest rebound. However, price action is expected to remain within this range in the near term. A breakout below 0.9894 could trigger declines down to 0.9821.

Fundamental Outlook: Data from Switzerland remains broadly quiet with only the manufacturing PMI, retail sales and the unemployment rate reports coming out this week. None of the reports are expected to make any big impact in the currency markets. On the other hand, data from the U.S. will see the release of the key economic indicators which includes the ISM’s manufacturing PMI as well as the monthly payrolls report which could influence the currency pair for the week ahead.

Previous USDCHF Weekly Forex Forecast

USDCHF Weekly Forex Forecast – 2nd to 6th July 2018

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[FOREX TIP] USDJPY Weekly Forex Forecast – 2nd to 6th July 2018

USDJPY Weekly Forex Forecast – 2nd to 6th July 2018

Technical Outlook: The USDJPY currency pair was seen rallying back to the resistance level area of 110.91 – 110.66 region. Despite the rebound, we expect to see price action being muted at this level. There is a high likelihood that price action could fall back to the support level at 109.97 in the near term. Further declines could push USDJPY down to the lower support at 109.14 region. To the upside, an unlikely breakout above 110.91 could trigger further gains toward 111.00.

Fundamental Outlook: The week ahead will mark the start of the third quarter of the year. Data from Japan will see the release of the quarterly Tankan manufacturing and non-manufacturing surveys. Data from the second quarter showed that activity across both the sectors had fallen somewhat. The data for the quarter ahead is expected to show somewhat subdued levels especially with the heightened uncertainty surrounding the global trade wars.

 Previous USDJPY Weekly Forex Forecast

USDJPY Weekly Forex Forecast – 2nd to 6th July 2018

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[FOREX TIP] EURUSD Weekly Forex Forecast – 2nd to 6th July 2018

EURUSD Weekly Forex Forecast – 2nd to 6th July 2018

Technical Outlook: The EURUSD currency pair was seen posting a rebound off the lows near 1.1540 last week. Price action managed to break past the minor falling trend line as a result which signals an upside correction in price. With the next main resistance level sen at 1.1848 – 1.1825, the EURUSD currency pair is expected to likely extend the gains to the upside. To the downside, the declines are likely to be limited by the falling trend line which could act as a dynamic support level.

Fundamental Outlook: Economic data from the Eurozone is packed for the week ahead with the new trading month coming up with the monthly manufacturing and services PMI. Flash estimates showed that activity remained broadly subdued from the month before. The forward looking indicators are expected to show that the economic activity in the Eurozone remained more or less advancing at the same pace. This could potentially dent the sentiment in the markets about a rebound in the Eurozone economy following a slowdown in the first quarter.

Previous EURUSD Weekly Forex Forecast

EURUSD Weekly Forex Forecast – 2nd to 6th July 2018

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CryptoCurrency News: VeChain Arrives: What to Know About the $1.5 Billion Blockchain for Business

After amassing more than $1 billion in investment, the VeChain blockchain is officially operational, marking the latest milestone for the project.

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CryptoCurrency News: Below $0.50: XRP Prices Fall to New 2018 Lows

XRP and other well-known crypto assets are sitting on dangerous grounds as they print new price lows not seen since 2017.

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CryptoCurrency News: Tron's Election Is Underway, But Who's In Control of the $2 Billion Code?

Tron is in the process of electing "super representatives," but who's behind the wheel until the votes are in?

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CryptoCurrency News: Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

CoinText.io,a blockchain startup developing a way of conducting offline bitcoin cash transactions, closed a $600,000 seed funding round.

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CryptoCurrency News: Huobi Partners With JD Cloud to Explore Blockchain Tech Applications

JD Cloud has signed a partnership contract with Huobi to conduct research in several fields related to cloud computing and blockchain technology.

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CryptoCurrency News: Tether Code 'Flaw' Was Actually an Exchange Integration Error

A suspected vulnerability in Tether's code for its USDT stablecoin has been confirmed as an exchange integration issue, not a protocol bug.

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CryptoCurrency News: Polish Bitcoin Association Challenges Banks Over Crypto Account Refusals

An industry group in Poland is attempting to challenge banks that have allegedly denied services for firms working with cryptocurrencies.

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CryptoCurrency News: Major Banks, Regulators Trial 'Know Your Customer' App on R3's Corda

Around 40 participants have trialed a "self-sovereign" know-your-customer application that gives customers more control over their data.

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CryptoCurrency News: Keeping Ethereum's Promise: CryptoKitties Is Embracing Open-Source

By moving to open-source more of the CryptoKitties codebase, the ethereum-based startup is making its project more of a true decentralized app.

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CryptoCurrency News: Alibaba Seeks to Eliminate Middlemen in Blockchain Payments Patent

A new patent filing reveals Chinese e-commerce giant has been exploring the use of blockchain technology to speed up international payments.

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CryptoCurrency News: Bitcoin Price Risks Further Drop After Close Below $6K

Bitcoin could drop to fresh 2018 lows below $5,755, having closed below the key support of $6,000 yesterday.

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CryptoCurrency News: Mobiles Next? Kaspersky Warns on Rapid Spread of Malicious Crypto Miners

Kaspersky Lab says crypto-mining malware is quickly replacing ransomware, warning that mobiles could be the next big target.

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CryptoCurrency News: Reinsurance Giants Tap Blockchain for Data Transparency Boost

A group of reinsurance giants in China are jointly developing a blockchain system aimed to reduce data disparities in the industry.

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CryptoCurrency News: Regulator Survey Prompts Concerns Over Public Knowledge of Crypto

Hodling but ignorant? An Ontario regulator is concerned the public still lacks knowledge about crypto and its regulation – even if they own assets.

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CryptoCurrency News: Neo's Next Act? $700 Million Crypto Ontology Is About to Go Live

The project, closely tied to Neo, has big plans for enterprise applications and digital identity.

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CryptoCurrency News: Zcash Governance Panel Shoots Down Research on ASIC Resistance

Members of the zcash community have voted not to prioritize ASIC resistance.

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CryptoCurrency News: France Wants to Extradite Alleged Bitcoin Money Launderer

France, joined United States and Russia, is seeking the extradition of the alleged bitcoin money launder Alexander Vinnik.

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CryptoCurrency News: Registered Broker Templum Plans Security Identifiers for Tokenized Assets

Regulated token trader Templum Markets is partnering with CUSIP Global Services (CGS) to bring securities identification numbers to tokenized assets.

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CryptoCurrency News: Bank of England Warns Finance Firms Over Crypto Risks

A Bank of England official has warned banks and other financial firms about exposure to cryptocurrency-related assets in a letter.

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CryptoCurrency News: Industrial Giant GE Eyes Blockchain in Fight Against 3D-Printing Fakes

General Electric wants to use a blockchain to verify 3D-printed parts in its supply chain, according to a recently published patent filing.

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CryptoCurrency News: Messaging Giant Line to Launch Crypto Exchange in July

Line, the company behind a popular chat app in Japan, announced Thursday that will open a cryptocurrency exchange in July. 

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CryptoCurrency News: Bittrex CEO to Advise Cuban-Backed Crypto Gaming Platform Unikrn

Bittrex CEO Bill Shihara will help guide the crypto eSports betting platform as it works to improve the security and adoption of its crypto token.

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CryptoCurrency News: Blockchain Can Legally Authenticate Evidence, Chinese Judge Rules

A court in China's Hangzhou city has ruled that evidence authenticated with blockchain technology can be presented in legal disputes.

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CryptoCurrency News: Bithumb Claims to Have Retrieved $14 Million in Hacked Cryptos

The Korean exchange says it has clawed back some of the millions lost in a theft of cryptocurrencies including bitcoin, XRP and bitcoin cash.

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CryptoCurrency News: Bitcoin Price Defends $6K as Traders Go Long

Bitcoin's technical charts continue to call a drop below $6,000, yet investor activity indicates a corrective rally could be on the cards.

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CryptoCurrency News: Crypto Venture Firm to Invest 200K Ether in US Startups

A China-based venture firm focused on the crypto industry aims to invest 200,000 ethereum in U.S. startups

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CryptoCurrency News: A Plan to Send Millions in Bitcoin to Venezuela Is Moving Ahead

Developer Jonathan Wheeler plans to airdrop bitcoin across Venezuela, in an ambitious attempt at quelling the country's ongoing economic crisis.

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CryptoCurrency News: Bank Regulator Proposes Chinese Crypto License In Research Paper

A research paper from China's banking regulator suggests the country should let ICOs operate legally under a financial regulatory framework.

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CryptoCurrency News: Dan Larimer: EOS Arbitrator 'Damage to Community' Worse Than Thefts

The CTO of Block.One wants to curtail the controversial EOS arbitrator's role – if not eliminate it entirely.

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CryptoCurrency News: Chat App Kik Launches 'Crypto-Economy' With Kin Token Integration

Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.

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CryptoCurrency News: Pornhub Adds Tron, ZenCash as Crypto Payment Options

Pornhub, the largest pornography site in the Internet world, announced today that it will accept TRON(TRX) and ZenCash soon as payment methods.

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CryptoCurrency News: Risk Flight? Bitcoin 'Dominance Rate' Hits 9-Week High

Bitcoin's percentage of the crypto market is up – a sign that investors are likely switching their money from alternative cryptocurrencies.

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CryptoCurrency News: Malta Passes Trio of Bills as Part of 'Blockchain Island' Plan

Malta's parliament has passed three bills on crypto assets and blockchain, in a big step toward its plan to become a "Blockchain Island."

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CryptoCurrency News: Zeroing In: Zcash Sets 2-Year Course for Better Crypto Privacy

Nearly two years after launch, Zcash is entering what could be a crucial period, one that could expand the core features of its technology.

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CryptoCurrency News: Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer

Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.

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CryptoCurrency News: Bitcoin Price Risks Another Fall Below $6K, Charts Say

After yesterday's drop, bitcoin could fall below the $6,000 mark, but will likely fare better other cryptocurrencies.

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CryptoCurrency News: Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts

Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.

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CryptoCurrency News: Huobi Pro Exchange to Suspend Crypto Trading in Japan

Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country.

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CryptoCurrency News: The EOS Arbitrator Problem: A Crypto Governance Breakdown Explained

Dispute settlement in EOS is being handled by a group called ECAF, but its role – and how it should communicate – still needs to be figured out.

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CryptoCurrency News: US State Seeks to Confiscate $24 Million in Dark Web Bitcoin

The crackdown of vendors on darkweb marketplaces lets the U.S. government seize 4,000 bitcoins and now it wants to confiscate all of them.

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CryptoCurrency News: Hong Kong Seeks to Widen DLT Use in Trade Finance

Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

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CryptoCurrency News: Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying

Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.

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CryptoCurrency News: Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking

Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.

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CryptoCurrency News: Overwinter Is Here: Zcash Claims 'Successful' First Hard Fork

Zcash has successfully activated its Overwinter hard fork, setting the privacy-focused cryptocurrency up for its major Sapling upgrade in the autumn.

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CryptoCurrency News: PBoC Filings Reveal Big Picture for Planned Digital Currency

The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

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CryptoCurrency News: Privacy Is Vital to Crypto – And the Global Economy

Privacy is needed to enhance the "moneyness" of cryptocurrency. As it is, our entire global system of money has also seen its fungibility deteriorate.

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CryptoCurrency News: 2 APAC Nations Have Ruled Out Central Bank Digital Currencies

The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

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CryptoCurrency News: Bitcoin Price Building Relief Rally, But Resistance Hurdles Await

Currently trading sideways, bitcoin still looks set for a corrective rally as long as prices remain above $6,000.

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