Don’t Wait on Bitcoin ETF, Could Take Days to Years

Since early 2018, the approval of a Bitcoin exchange-traded fund (ETF) has become the catalyst of the next bull run of crypto to the mind of many investors in the market. A Bitcoin ETF could certainly increase the liquidity of the dominant cryptocurrency in the U.S. market as it would allow both institutional and retail investors to securely and efficiently invest in the asset class without running in conflict with local regulations. However, according to pro-crypto U.S. Securities and Exchange Commissioner (SEC) Hester Peirce, the approval of a Bitcoin ETF…

Institute Announces Australia’s First Fully Accredited Blockchain Courses

Australia’s first and fully accredited blockchain course is here. Developed by Australian institute Blockchain Collective and titled the ‘Advanced Diploma of Applied Blockchain,’ the course comes with eight modules, including six core modules and two electives, Australia’s Finder reports. The educational institute stated that the course would be delivered through registered training bodies, intensive learning retreats and online classes. The course is Australia’s first blockchain course to be fully accredited by the Australian Skills Quality Authority (ASQA), making it the first formal and nationally recognized blockchain course in Australia. Nathan…

Bitcoin Still on Defensive But Price Rally Possible Over $3.9K

Bitcoin (BTC) remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900. The world’s largest cryptocurrency by market capitalization fell to $3,629 at 05:00 UTC on Bitstamp – its lowest level since Nov. 27. At press time, the price stood at $3,770, representing a 1.5 percent drop on a 24-hour basis. Despite the quick recovery, the odds appear to be stacked in favor of a drop to recent lows below $3,500. To start with, BTC…

Bitcoin Price Watch: BTC/USD Bounce From Lows Could Fade Soon

Key Points Bitcoin price declined and broke the last swing low at $3,730 against the US Dollar. There are two crucial bearish trend lines in place with resistance at $3,850 and $3,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could face a solid resistance and it could decline back towards $3,730. Bitcoin price jumped back after trading towards $3,620 against the US Dollar. However, upsides remain capped near the $3,900 and buyers are likely to struggle. Bitcoin Price Analysis Recently, there was an…

Ripple Price Analysis: XRP/USD Recovery Remains Capped Near $0.3500

Key Highlights Ripple price declined sharply and traded towards the $0.3250 level against the US dollar. This week’s followed key bearish trend line is still active with resistance at $0.3420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to face a lot of hurdles near the $0.3420, $0.3465 and $0.3500 levels. Ripple price traded to new weekly lows against the US Dollar and Bitcoin. XRP/USD is likely to struggle to break the $0.3465 and $0.3500 resistance levels. Ripple Price Analysis There were…

South Indian Government’s ‘Innovation Society’ to Promote Blockchain Development

It seems not every government official in India has an eye toward draconian or restrictive blockchain regulation, as we’ve seen this year from some in the country’s government. In the southern state of Andhra Pradesh, where they have the APIS – Andhra Pradesh Innovation Society, blockchain is being actively promoted at various levels of government. In particular, native major tech firm and blockchain development company Tech Mahindra’s Eleven01 gets a lot of love in the region. They’ve now entered a partnership with APIS to promote blockchain in using all means…

Bitcoin Cash Price Analysis: BCH/USD Primed To Test $100

Key Points Bitcoin cash price is under a lot of pressure after it broke the $150 support against the US Dollar. There is a major declining channel formed with resistance near $135 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near $125 and it may slide further towards the $100 level in the near term. Bitcoin cash price registered heavy losses from the $200 swing high against the US Dollar. BCH/USD could continue to move down towards the $100 level. Bitcoin…

Ethereum Classic Price Analysis: ETC/USD Remains Sell Near $4.40

Key Highlights Ethereum classic price declined further and even broke $4.00 against the US dollar. There is a key bearish trend line formed with resistance at $4.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to find sellers near $4.10, $4.20 and $4.40 if there is an upside correction. Ethereum classic price extended losses against the US Dollar and Bitcoin. ETC/USD remains sell on rallies if there is a recovery towards the $4.40 level. Ethereum Classic Price Analysis In the last analysis,…

How we think about data at Coinbase – The Coinbase Blog

Our data team assists millions of customers with billions of dollars in crypto assets. Here is how our team is organized. While building our data team at Coinbase, I have found the following question to be the most insightful: How would you describe yourself as a histogram? In 2012, Harvard Business Review described Data Scientist as the sexiest job of 21st century. However, the term data scientist has evolved a lot over the past few years, to the extent that everyone seems to have a different definition of the role.…

Buy and Sell ZEC on Coinbase – The Coinbase Blog

Starting today, Coinbase supports Zcash (ZEC) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store ZEC. ZEC will be available for customers in most jurisdictions, but will not initially be available for residents of the United Kingdom or the state of New York. Additional jurisdictions may be added at a later date. Zcash is a cryptocurrency that uses recent advances in cryptography to allow users to protect the privacy of transactions at their discretion. The distinction between Zcash’s “transparent”…