Bakkt Makes Initial Hiring Push for Bitcoin Futures Exchange

Ahead of its hotly anticipated launch, bitcoin futures exchange Bakkt has launched a hiring campaign. Eight new job posting were published Tuesday on the company’s website. Bakkt is looking for several experienced software developers, including mobile and blockchain developers; an institutional sales manager with experience in North America or Asia; and three higher-level positions including a director of finance, director of security engineering and director for blockchain engineering. An institutional-grade regulated exchange for crypto derivatives founded by the Intercontinental Exchange (the New York Stock Exchange’s parent company), Bakkt was expected…

Bitcoin Price Analysis: BTC Lift Off, Cross-Hairs at $4,500

Bitcoin Price recover, bulls bounce back Market leaders set positives in Blockchain and crypto There is a jump in market participation level. Volumes swell in the 4HR time frame After Jan 20 drops, BTC is finding support at around $3,500—the lower limit of our support zone. As a result, there is a likelihood that Bitcoin prices will rally in coming days. Bitcoin Price Analysis Fundamentals Jerry Yang has been a longtime fan of blockchain and cryptocurrencies. So, his recent comment at the Nikkei Innovation Asia Forum held in Singapore is…

XRP “Hostile Takeover” Rumor Quashed

Ripple price strong supports from around 30 cents Valor Foundation plans of hard forking the Ripple Ledger XRP demand grows in lower time frames, volumes rise Even though Jan 20 sellers did wipe out strides, XRP did find support at around 30 cents. With all-around bullish fundamentals, it is likely that bulls will rally and break above 40 cents in the near term. Ripple Price Analysis Fundamentals If the XRP Hostile takeover rumor is even remotely close to the truth, then XRP bag holders should be ready for a blood…

Who Scales It Best? Inside Blockchains’ Ongoing Transactions-Per-Second Race

Open-source project Qtum representatives claim that their enterprise blockchain dubbed ‘QtumX’ can accommodate “more than 10,000” transactions per second (TPS), according to a press release recently shared with Cointelegraph. With yet another player being added to the scalability race, it makes sense to look back and see how the main blockchains and cryptocurrencies stand in regard to TPS — and whether their numbers are actually authentic. Transaction speed: How important is it? Scalability is one of cryptocurrencies’ main issues, especially when it comes to the older coins. In fact, one…

Oracle Partnership Rumor Pumping TRX?

Tron Price, surge 5.2 percent Oracle—Tron Partnership rumor yet to be confirmed Transaction volumes low, likely to build up ahead of 4 cents retest Days after NiTron, TRX is making good progress and is solid above 2.5 cents as traders search for buying opportunities in lower time frames. Add this to a probable partnership with Oracle, the path of least resistance seems to be up. Tron Price Analysis Fundamentals News has it that Oracle is the latest software company to “partner” with Tron. As a smart contracting and dApp platform…

London Stock Exchange’s Trading Tech to Power New Crypto Exchange

The London Stock Exchange (LSE) is providing the trade-matching technology for an upcoming cryptocurrency exchange in Hong Kong. The LSE Group announced Tuesday that its Millennium Exchange matching engine has been chosen to power AAX, a new exchange platform being launched by Hong Kong-based fintech firm ATOM Group. AAX is scheduled to be launched in the first half of this year and will be the first crypto exchange to use the matching engine product, according to the LSE. According to a separate statement from the ATOM Group on Tuesday, the LSE…

Bitcoin Sees Longest Stretch of Price Consolidation Since October

Bitcoin (BTC) is witnessing the longest stretch of range-bound price activity in three months. The leading cryptocurrency by market capitalization has been largely restricted to trading between $3,700 and $3,500 since Jan. 11 – the longest stretch at such a narrow range since the end of October. Back then, the market had gone quiet, with prices staying within the $6,500–$6,350 range in the 12 days leading up to Oct. 28. On the following day, BTC dropped to $6,208. After another period of sideways movement, bitcoin fell well below the crucial…

Coinbase Adds Cross-Border Wire Transfers for Whales in Europe and Asia

Crypto exchange Coinbase is launching cross-border wire transfers for institutional clients in Asia, the U.K. and Europe. Coinbase said in an announcement Tuesday that, for clients in countries where fiat payments rails aren’t yet available, the firm will now support inbound and outbound SWIFT transfers from non-US bank accounts. It added: “This new feature will allow Coinbase customers in many countries throughout Asia and EMEA to access Coinbase’s deep pool of crypto liquidity for the first time.” Simultaneously, the firm said it will offer new OTC trading desks for U.S.…

Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin price remained in a bearish zone below the $3,580 and $3,600 resistance levels against the US Dollar. There is a major bearish trend line in place with resistance near $3,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading inside an expanding triangle with resistance near the $3,580 level. Bitcoin price started consolidating losses above the $3,480 support against the US Dollar. BTC is likely to face a strong selling interest near the $3,580 and $3,600 levels. Bitcoin Price Analysis Yesterday,…

Ripple Price Analysis: XRP’s Recovery Could Face Major Hurdles

Ripple price traded towards the $0.3100 level recently and later started a correction against the US dollar. There was a break above a connecting bearish trend line with resistance at $0.3180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently following an ascending channel with support at $0.3160 on the same chart. Ripple price is slowly recovering against the US Dollar and Bitcoin. However, XRP/USD is likely to face a lot of hurdles on the upside near the $0.3220 and $0.3250 levels. Ripple…