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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position: Figure 1: BTC-USD, Daily Candles, Range Support Test The blue …

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Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

Markets and Prices The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this …

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BTC Tests a Critical Support Area

Following the negative sentiment which started yesterday, we’ve seen Bitcoin continue down to re-test the critical support at $3600. As we mentioned, the sharp decline could be anticipated, by looking at the number of shorts vs longs. What led to a long-squeeze. It’s incredible how gains of two weeks were …

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NBCUniversal tests Comcast’s blockchain-powered data-sharing platform

Brief Dive Brief: Comcast Cable Advertising, a Comcast Corp. division, is ramping up Blockgraph, a platform designed to offer a secure and efficient way for TV and media companies to leverage and share user data, according to a news release. With the blockchain-enabled software, each TV or media company’s data …

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German Bank Tests Blockchain For Development In Africa

December 18, 2018 8:49 PM A new blockchain trial aims to solve transparency and infrastructural challenges related to international development. KfW Bankengruppe, Germany’s publicly owned development bank is testing an application of blockchain for public finance management in Burkina Faso. It’s all part of a program to improve economic development …

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German State Bank KfW Tests Blockchain App for Public Finance Management in Burkina Faso

Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 as the country’s third largest bank by total assets, had also previously signed an agreement with …

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State Farm Tests Blockchain Solution to Speed Up Auto Insurance Claims

U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10. State Farm is a large group of insurance and financial services firms that provides auto insurance in the U.S. The organization was ranked 38th …

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