Tuesday, September 18Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Drug Discovery Platform Verseon Launches Blockchain-Based Securities Exchange

Drug Discovery Platform Verseon Launches Blockchain-Based Securities Exchange

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Please share if you find this article interesting. Drug Discovery Platform Verseon Launches Blockchain-Based Securities Exchange U.S. pharmaceutical company Verseon has become the latest medical organization to experiment in blockchain technology, it confirmed in a press release Tuesday, September 18. Verseon’s main product is its proprietary physics-based drug discovery platform. The company was established in 2002 and it now trades on the London Stock Exchange, boasting a market cap of £211 million ($277 million). Part of a growing trend among major pharmaceutical players to leverage blockchain’s data and security benefits, the company’s subsidiary BlockRules will facilitate what it describes as technology which “supports the sale, launch, and trading of securities on a public
Bitcoin Price Watch: BTC/USD Buyers Losing Control Below $6,400

Bitcoin Price Watch: BTC/USD Buyers Losing Control Below $6,400

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch: BTC/USD Buyers Losing Control Below $6,400 Key PointsBitcoin price declined recently and broke the $6,450 and $6,400 support levels against the US Dollar.There was a break below a major bullish trend line with support at $6,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair may perhaps continue to move down towards the $6,120 support area in the near term.Bitcoin price decline extended below the $6,400 support against the US Dollar. BTC/USD may correct higher, but it could face sellers near $6,340 and $6,380.Bitcoin Price AnalysisRecently, there was a downside reaction from the $6,630 swing high in bitcoin price against the US Dollar. The BTC/USD pair started a fresh decline and move...
Ethereum Price Analysis: ETH/USD Could Decline to $180

Ethereum Price Analysis: ETH/USD Could Decline to $180

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Analysis: ETH/USD Could Decline to $180 Key HighlightsETH price is under a lot of pressure after it broke the $210 support against the US Dollar.There was a break below a major contracting triangle with support at $210 on the hourly chart of ETH/USD (data feed via Kraken).The pair is under a lot of pressure and it could continue to decline towards the $180 level.Ethereum price declined recently against the US Dollar and bitcoin. ETH/USD may perhaps continue to decline towards the $180 level in the near term.Ethereum Price DeclineAfter failing near the $225 level, ETH price started a downside move against the US Dollar. The ETH/USD pair declined ad traded below the $210 and $200 support levels. There was also a clos...
Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Bearish Wedge Breakout Bitcoin Price Key HighlightsBitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards.Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure.Technical indicators are showing that there is still some bullish momentum left.Bitcoin price made a downside break from its rising wedge pattern but might be due for a pullback before heading further down.Technical Indicators SignalsThe 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is still to the upside. In other words, there still might be a chance for the uptrend to resume.However, the ga...
Ukrainian Parliament Proposes Tax Bill for Digital Currencies

Ukrainian Parliament Proposes Tax Bill for Digital Currencies

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Please share if you find this article interesting. Ukrainian Parliament Proposes Tax Bill for Digital Currencies The Verkhovna Rada, the parliament of Ukraine, has proposed a bill that, once passed into law, would tax operations with crypto assets, according to a draft law published September 14. The tax bill, which was initiated by 23 government officials, suggests a five percent tax on individuals and legal entities operating with virtual currency assets, such as cryptocurrencies and tokens. Starting Jan. 1, 2024 crypto-related profits by businesses would be taxed at 18 percent, which is a basic rate for corporate and personal income tax in Ukraine, according to Trading Economics. The new bill aims to withdraw large volumes of operations from the grey market so as to increase s...
Ripple Could Launch xRapid Solution ‘In the Next Month or So,’ Says Exec

Ripple Could Launch xRapid Solution ‘In the Next Month or So,’ Says Exec

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Please share if you find this article interesting. Ripple Could Launch xRapid Solution ‘In the Next Month or So,’ Says Exec Ripple could launch a commercial version of its payment platform xRapid "in the next month or so," CNBC reported September 17. Head of regulatory relations for Asia-Pacific and the Middle East at Ripple Sagar Sarbhai told CNBC that Ripple has been making strides toward the launch of its product xRapid. The xRapid product is a real-time settlement platform designed to speed up international payments. Built for commercial use and backed by XRP tokens, xRapid addresses the issue of minimizing liquidity costs and making cross-border payment transactions faster. xRapid claims to significantly reduce the capital requirements for liquidity. Sarbhai said in an inter
Ethereum Price Analysis: ETH Reservation Demand Is Low Further Fueling Sell Pressure

Ethereum Price Analysis: ETH Reservation Demand Is Low Further Fueling Sell Pressure

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Analysis: ETH Reservation Demand Is Low Further Fueling Sell Pressure This time last week, it was all about doom and gloom for Ethereum after a high-volume candlestick drove prices below $200 for the first time this year. Needless to say, ETH prices have since recovered. Though we need to see movements above $300, it’s safe to say that aggressive traders can ramp on longs on every dip in lower time frame with the only deterrence being Sep 5 bear candlestick. This bar continues to overshadow and would likely damp buyers’ efforts in days to come.Latest Ethereum NewsTrading at around $205, ETH is a valuable and a sought-after digital asset. Unlike traditional assets, ETH exists in the inter-web and hot wallets are the

Major Content Delivery Network Introduces Decentralized Content Gateway

BITCOIN
Please share if you find this article interesting. Major Content Delivery Network Introduces Decentralized Content Gateway Major U.S.-based content delivery network (CDN) CloudFlare has introduced a new decentralized content gateway via its InterPlanetary File System (IPFS), the firm announced in a blog post September 17. The announcement was made during Cloudflare Crypto Week, a week devoted to the adoption of new cryptography-powered technologies. Cloudflare’s IPFS Gateway is the first product to be released as a part of Cloudfare’s Distributed Web Gateway project that plans to “encompass all of [its] efforts” to deploy distributed ledger technology (DLT). Cloudflare’s IPFS Gateway service is a method of content access from the IPFS that does not require users to install and ru
Crypto Markets Drop Sharply, Ethereum Loses Week’s Earlier Gains

Crypto Markets Drop Sharply, Ethereum Loses Week’s Earlier Gains

BITCOIN
Please share if you find this article interesting. Crypto Markets Drop Sharply, Ethereum Loses Week’s Earlier Gains Crypto markets have seen a sharp decline today, September 18, with Bitcoin (BTC) down $200 and market cap dropping as low as $192 billion within a few hours. As of press time, 93 out of 100 top cryptocurrencies by market capitalization are in the red, while losses among the top 20 coins reach over 10 percent, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC) is down around 3.5 percent over the past 24 hours, having failed to hold the $6,500 support, with its price dropping by almost $200 within five hours. At press time, the major cryptocurrency is trading at $6,283. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum
Monero, EOS, Stellar Lumens, Tron, Litecoin Price Analysis: Altcoins Finds a Ceiling, Drops 7% in the Last Day

Monero, EOS, Stellar Lumens, Tron, Litecoin Price Analysis: Altcoins Finds a Ceiling, Drops 7% in the Last Day

PRICE ANALYSIS
Please share if you find this article interesting. Monero, EOS, Stellar Lumens, Tron, Litecoin Price Analysis: Altcoins Finds a Ceiling, Drops 7% in the Last Day As expected, altcoins prices are slowing down after periods of sustained bullish attempts in the second half of last week. As it this, there sellers are running reign in most coins under our preview.  Needless to say, week ending Sep 9 and Sep 5 bearish engulfing pattern is a definite price damp for buyers. All in all, should prices move above $9 in EOS, $70 in Litecoin, 25 cents in Stellar Lumens and $150 in Monero, then we shall have a trend continuation pattern. In that case, our immediate bull targets might be hit.Let’s have a look at these charts:EOS Price AnalysisLatest EOS NewsThat the blockchain development is st