Hyperledger Gains Microsoft and Ethereum Foundation Among Raft of New Members

Microsoft, Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the ongoing Synchronize Europe conference in London on June 18. Part of a monthly update on new members of Hyperledger, Behlendorf said June’s rollout included the Ethereum Foundation as a non-profit member, while supply chain standards body GS1 is also now on board. Hosted by the Linux Foundation, Hyperledger already counts IBM, JPMorgan Chase, Deutsche Boerse…

Crypto Market Primed For More Gains: Bitcoin Cash, BNB, Litecoin, TRX Analysis

The total crypto market cap climbed further higher above the $280.0B resistance area. Binance coin (BNB) price is up more than 5% and it is approaching the $35.00 resistance area. Litecoin (LTC) price is consolidating above the $130.00 support area. Bitcoin cash price is holding the $420 support and it could climb higher in the near term. Tron (TRX) price is slowly moving higher towards the $0.0350 and $0.0380 resistance levels. The crypto market cap is gaining bullish momentum, with strong gains in bitcoin (BTC). Ethereum (ETH), BNB, litecoin, ripple,…

Bitcoin (BTC) Price Smashes Resistance: Primed For More Gains

Bitcoin price broke to the upside and cleared the $7,950 and $8,000 barriers against the US Dollar. The price even broke the $8,200 resistance area and it is currently correcting lower. There is another major breakout pattern forming with resistance near $8,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading with a positive bias above the $8,100 and $8,000 support levels. Bitcoin price started a strong rise after it broke the $8,000 barrier against the US Dollar. BTC is back in…

Germany Gains Blockchain Real Estate Fund From Investment Manager Peakside

European investment manager Peakside Capital Advisors has launched a real estate fund for the German market using blockchain technology, the company confirmed in a press release on June 12. The fund, which focuses on assets between €15 and €75 million ($17-$85 million), is a product of a partnership with German funds-as-a-service technology platform Brickblock. Bricklock operates ScalingFunds, an investment management platform that runs on blockchain. The startup tokenized its first property in March this year, as reported by Cointelegraph Deutsche. In today’s press release, Stefan Aumann, founding partner of Peakside,…

Bitcoin Struggles for Price Gains As Litecoin Hits 13-Month high

View Bitcoin’s price consolidation in a tight range continues for the eighth day, as litecoin rallies to its highest level since May 2018. BTC’s 4-hour chart shows $8,053 is the level to beat for the bulls. A high-volume break higher could be followed by a rise to $8,500. LTC looks set to extend its recent rally as per the 3-day chart. LTC already rallied more than 100 percent in the last six weeks, so a pullback to $120 could be seen before further gains. Bitcoin (BTC) is lacking a clear…

Bullish Bitcoin Price on Course for Further Gains after 110% YTD Spike

By CCN Markets: Since achieving a new 2019 high at above $9,000 at most major crypto exchanges, the bitcoin price has dropped to around $7,900 by more than 12 percent against the U.S. dollar. After a 12 percent pullback, the bitcoin price is still up nearly $2,000 in the past 30 days (source: coinmarketcap.com) While many technical analysts have warned against the strong possibility of a pullback occurring in the near-term, which remains probable considering the 110 percent year-to-date gain of the dominant crypto asset, one trader says bitcoin is…

Bitcoin (BTC) Price Showing Signs of Recovery, $8,200 Could Prevent Gains

Bitcoin price started a slow and steady recovery above $7,600 against the US Dollar. The price is currently above $7,700, but the bulls could struggle near $8,000 or $8,140. There is a crucial bearish trend line forming with resistance near $8,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but it might struggle to clear the $8,080 and $8,140 resistances. Bitcoin price is slowly gaining pace above the $7,700 level against the US Dollar. BTC might continue higher, but the bulls…

Bitcoin (BTC) Price Consolidating Gains: Downside Thrust Before Higher

Bitcoin price started a decent upward move above the $8,500 level against the US Dollar. The price is trading with a positive tone above $8,600 and the 100 hourly simple moving average. There is a key bullish trend line forming with support at $8,640 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently consolidating and it could soon climb above the $8,800 resistance. Bitcoin price is currently trading in a range above $8,600 against the US Dollar. BTC could start a sharp upward…

Ethereum (ETH) Price Holding Gains: Key Resistances Nearby

ETH price recovered nicely after declining towards the $240 support area against the US Dollar. The price traded above the $270 level, but it seems to be struggling near $278 and $280. There is a short term breakout pattern forming with resistance near $270 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains well supported on dips as long as there is no close below the $250 support area. Ethereum price jumped back after correcting sharply versus the US Dollar, similar to bitcoin. ETH must gain…

Bitcoin Price Approaches $8,600 as Top Cryptos See Slight Gains

Saturday, June 1 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin (BTC) approaches the $8,600 mark. Market visualization courtesy of Coin360 Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 6%. Bitcoin 7-day price chart. Source: CoinMarketCap Recently released research from United States-based blockchain intelligence firm Chainalysis indicates that only 1.3% of economic transactions for bitcoin came from merchants in…