英国金融衍生品经纪商CMC Markets宣布上架BCH







CMC Markets,英国一家伦敦证交所上市的金融衍生品经纪商,周二透露已经在其加密货币交易市场上线BCH、LTC和XRP。
推荐阅读:英国政府提议禁止加密货币衍生品

CMC Markets响应需求

LSE_CMC_010-300x200CMC Markets在全球大约有60,000名客户,现新增三个加密货币对美元的交易对。该公司刚推出这项服务的时候仅支持BTC和ETH交易。7月该公司把交易服务范围从专业人士扩大至散户。

“3月我们成功推出加密货币交易服务,接着7月把服务范围扩大至散户,我们的客户表示希望能够增加新的币种(不仅限于比特币和以太坊)” CMC Markets的商业总监戴维·法恩伯格(David Fineberg)解释道,“我们很高兴可以为他们提供机会,持仓比特币现金、莱特币和瑞波币,这三种竞争币将会继续催生出更多的投机活动。”

在进行差价合约交易之前做好研究

LSE_CMC_006-300x200外汇市场、点差合约和差价合约经纪商最近几年一直迫切想要添加基于加密货币的工具,加密货币的波动性吸引着日交易员转向加密货币交易。但是,出于对监管的担忧,部分更有实力的玩家没有立刻入场。只是这周据透露,英国政府正在考虑禁止加密货币衍生品。

继竞争对手Admiral Markets、Gain Capital的City Index、Plus500和IG 集团涉足该行业并开展了业务之后,CMC Markets也谨慎加入了加密货币的差价合约的竞争,

“点差交易和差价合约为交易者提供了一个交易加密货币的方式,用户可以在不持有该资产的情况下针对市场行情建仓。通过与发展成熟的供应商交易,存取资金会很容易,避免了通过交易所直接购买加密货币所带来的风险。”法恩伯格说道,“但是,像我们提供的所有金融工具一样,我们始终建议客户在交易之前充分了解风险并进行深入研究。”

发文时比特币现金(BCH)的价格是:¥ 2982.48

差价合约交易是一种投资BCH的好方法吗?欢迎在下面留言评论。


图片来源:Shutterstock、CMC Markets。


欢迎使用我们的BCH区块浏览器验证和追踪BCH交易,这是全球最好的BCH浏览器。还有Satoshi Pulse,Bitcoin.com开发的一项免费应用,可用于查看和追踪市场行情。

原文链接:https://news.bitcoin.com/cmc-markets-adds-bitcoin-cash-to-cryptocurrency-offering/
作者:Avi Mizrahi
翻译:Bitcoin.com







Bitcoin History Part 1: In the Beginning

With today marking the tenth anniversary of the Bitcoin whitepaper, the web is predictably thick with op-eds, retrospectives and thought pieces. While Oct. 31, 2008 is hailed as a pivotal moment in monetary history, at the time, few noticed the publication of the Bitcoin whitepaper to a cryptography mailing list. Like all revolutions, this one would take time to germinate.

Also read: Coinbase Raises $300 Million, Reaching $8 Billion Valuation

From Tiny Acorns Mighty Oaks Grow

It’s hard to place a finger on the moment when Bitcoin transitioned from an idea into a movement. Was it when Satoshi Nakamoto mined the genesis block on Jan. 3, 2009? Or when he sent the first transaction to Hal Finney a few days later? Or did it occur imperceptibly over the course of that year, as the conversation moved from the mailing list, where it had begun, to Sourceforge, where the first Bitcoin forum was established?

That’s one for the armchair pundits to ponder. What is beyond dispute is that by Nov. 22 2009, when Satoshi welcomed members to the new Bitcoin forum, hosted at bitcointalk.org, his idea had taken root and there was now a small band of believers helping to till the soil. “Hello Satoshi, all forum members and Bitcoin users!,” read the first reply to Satoshi’s maiden Bitcointalk post. “Thank you for developing Bitcoin. A P2P anonymous digital currency / eCurrency is long overdue. I’m very impressed and this project has great potential.”

Bitcoin History Part 1: In the Beginning

It All Could Have Been so Different

When writing history, it’s easy to assign inevitability to events; to assume that things happened a certain way because that’s just how they were destined to occur. The truth is that Bitcoin, like all seismic movements, was not preordained to play out as it did. Were it not for the tenacity of those ultra-early adopters, who kept Satoshi’s brainchild alive through its weakest hours, coupled with serendipity and reinforcement by geopolitical events, Bitcoin may have never gotten off the ground. Its survival and present-day robustness can be attributed to the power of Satoshi’s idea coupled with the efforts of the hobbyists who worked late into the night to patch critical bugs and nurse Bitcoin until the nascent network was strong enough to survive.

Bitcoin History Part 1: In the Beginning

In Bitcoin History, starting today, news.Bitcoin.com will chronicle a series of mini-episodes from the cryptocurrency’s early years, with a focus on the events that began life, like so much of Bitcoin’s history, on the forum Satoshi started. While Bitcointalk wasn’t the sole repository of seminal ideas, it formed a hub, in the pre-Medium and early Twitter days, where key contributors convened to share ideas. Back then, as today, there was plenty of arguing, but less tribalism and virtue signalling. With no land to fight over, the first task for Bitcoin’s maiden users was to build a world by which the ideas contained within the whitepaper could be realized.

“One immediate problem with any new currency,” mused Hal Finney, on Jan. 11, 2009, “is how to value it. Even ignoring the practical problem that virtually no one will accept it at first, there is still a difficulty in coming up with a reasonable argument in favor of a particular non-zero value for the coins.” He concluded:

As an amusing thought experiment, imagine that Bitcoin is successful and becomes the dominant payment system in use throughout the world … the possibility of generating coins today with a few cents of compute time may be quite a good bet, with a payoff of something like 100 million to 1! Even if the odds of Bitcoin succeeding to this degree are slim, are they really 100 million to one against? Something to think about…

Do you think Bitcoin was destined to survive, or did luck and perseverance play a part in its early days? Let us know in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

Nasdaq and Microsoft Working Together on Blockchain Delivery, Payment, and Settlements

The Microsoft Azure blockchain will be deployed on the Nasdaq Financial Framework (NFF) to build a ledger agnostic blockchain capability that supports a multi-ledger strategy. The stock exchange will employ Microsoft’s ledger to manage the delivery, payment, and settlement of transactions.

Nasdaq Financial Framework to Build Ledger Agnostic Blockchain With Microsoft Azure

Nasdaq was the first operator within the financial industry to open an electronic stock exchange, back in 1971. Highly invested in cutting-edge technology, the company also wants to be a pioneer in blockchain through its commercial technology arm, Market Technology, which powers the infrastructure of over 100 exchanges, clearinghouses, and central securities depositories across 50 countries.

Nasdaq’s enterprise offering Nasdaq Financial Framework (NFF) powers a vast portfolio of business applications for customers and is designed to take advantage of the benefits of emerging technologies to enable key strategic advantages for customers. The announced integration with Microsoft Azure Blockchain aims to build a ledger agnostic blockchain capability that supports a multi-ledger strategy, said Nasdaq market technology’s Head of Product Management Magnus Haglind.

“Our [capital markets] industry is evolving faster than ever with the advent and advancement of cloud, blockchain, machine intelligence and others. Key players in the industry are looking to these technologies to explore how they can become more effective and efficient, but also gain competitive advantage.”

Tom Fay, Senior Vice President of Enterprise Architecture at Nasdaq, sees the potential of multiple blockchains with different payment mechanisms.

“With multiple blockchains in use by various industry participants, we believe that the combination of NFF and Microsoft’s blockchain technology can remove some of the project complexities that exist in this realm. Additionally, as more industries move towards capital markets technology and structures, we see the potential for blockchain to provide value in secure, frictionless and instantaneous matching of buyers and sellers.”

Nasdaq’s NFF customers – mostly exchanges, clearinghouses, and central securities depositories – will also be able to use other NFF applications that incorporate distributed ledger technologies without the need for ledger-specific skills or knowledge. As Microsoft Azure helps Nasdaq remove major complexities in blockchain, more market participants are likely to join the movement.

Microsoft’s Azure blockchain is a backbone of the R3 consortium’s blockchain network. The Ethereum-based platform has partnered with a number of companies, including BitPay, Emercoin, LibraTax, and Manifold. The Blockchain-as-a-Service offering has partnered with BankChain, the Indian blockchain initiative for the banking sector. Azure also added Easy NXT in order to allow developers deploy their own NXT nodes.

 

Image from Shutterstock

Open API Cryptocurrency Exchanges Launches IPFS Protocol to Facilitate Security Token Trading

A developer of decentralized ERC-20 token exchange powered by P2P hypermedia protocol from Protocol labs launches private IT-backed security token.

To remove the challenges linked to traditional IPO investing, the security trading platform BaseCore leverages its very own security token: BaseCore token; a stable coin backed by the underlying portfolios of private IT companies. Two major components make up the BaseCore token. An investment element, based on reportedly high-yield assets in the portfolio secured by non-public IT startup assets. A stabilizing component, attained by settling on a “base” redemption price determined by the value of the underlying assets.  This established buyback value is honored by BaseCore for all of its token holders. No matter the volatility of the crypto markets, the company assures that this base price guarantees the foundational value of the token.

The backbone of BaseCore is Excalibur, a fully decentralized cryptocurrency exchange and the project’s token trading exchange protocol.

Security token trading exchange powered by Protocol Labs’s IPFS P2P system

Most cryptocurrency exchanges are not fully decentralized, not to mention that many encounter security flaws. TokenStore, for example, has UX (user experience) problems that make navigation challenging for the end user. In an attempt to combat such issues, Excalibur Protocol merges intuitive design with basic UX concepts into an easy-to-use single-page application that uses the IPFS hypermedia protocol from Protocol Labs to attain complete decentralization.

By implementing IPFS, users can access the Excalibur interface regardless of server performance. With every new release of the protocol, a unique hash is created to prevent source code spoofing and unexpected DDOS attacks commonly present on centralized exchanges. In terms of development, the team at BaseCore is currently focused on adding new tools for dealing with security asset statistics and portfolios. At the moment, Excalibur is in closed alpha testing. Users may gain access by requesting an invitation.

Making investing in crypto more secure with security tokens

Unlike other asset classes, cryptocurrencies are the most volatile because regulations are in flux across the globe. Even though the blockchain industry has tremendous potential, limited regulatory oversight enables hype and speculation, triggering constant market manipulation. According to SEC ( US Securities and Exchange Commission) officials, the ICO market on a global level is unregulated and many investors still cannot tell the difference between a good investment and a scam.

The rising trend of a new form of crypto funding, STOs (security token offerings), are entering the market to help create stability when investing in cryptocurrency assets. As opposed to ICOs where companies need to be Blockchain-based, or IPOs where investors need to be qualified to participate, an STO taps into a different market where micro-investors get ownership rights in the company in the form of passive income such as dividends.

So far this year, 23 startups reached unicorn status according to Crunchbase data. However, many investors are deprived of the opportunity to invest in an IPO. A new blockchain-based project enters the scene with a security token and trading platform linked to real-world assets. The BaseCore token targets investors who want access to private IT companies and startups and make a profit from capitalization and growth rates of these companies.

Future updates on the exchange platform will include a detailed dashboard for assessing balance, the expansion of additional analytical tools (based on the votes of the users), the ability to use a hash to perform private exchanges, automatic order execution, the ability to perform deposits in cash and create an inner stable coin, and a desktop and mobile app.  

 

十年前的今天,比特币的白皮书改变了我们看待货币的方式



2008年10月31日下午2:10(东部夏季时间)比特币创始人中本聪使用Vistomail邮件地址发布了比特币协议的白皮书。从中本聪首次向世界公布点对点电子现金这个理念到现在,已经10年时间。
推荐阅读:中本聪那灿烂的白皮书满九岁了

比特币白皮书:纯创新的八页纸

想了解比特币网络靠POW系统驱动背后的创新,比特币白皮书是必读材料。即使过去十年出现大量类似的协议和白皮书,但是没有一个像中本聪的白皮书或比特币网络本身一样。中本聪的白皮书描述了一个基于加密证明而不是信任的系统,不需要拥有中心化的第三方。

“点对点的电子现金可以实现交易双方直接在线支付,而不用通过金融机构。”他在加密的邮件列表里说道。

避开拜占庭将军问题

但是,与比特币出现之前大量关于网络货币的理论型论文不同,比特币的白皮书抓住了整个网络的精髓,在2009年1月3日才正式发布。随后我们看到了一场伟大的数字资产实验上演,多年来这项技术已经拥有了价值并获得了主流的关注。

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我们已经看到了中本聪共识的力量,它创造了一个计算系统,在过去10年里,抵御了所有“拜占庭将军的攻击”。“该网络通过随机散列(hashing)对全部交易加上时间戳(timestamps),将它们合并入一个不断延伸的基于随机散列的工作量证明(proof-of-work)的链条作为交易记录,除非重新完成全部的工作量证明,形成的交易记录将不可更改。”中本聪在白皮书中这么写到。

他还保证:

只要诚实的节点所控制的计算能力的总和,大于有合作关系的(cooperating)攻击者的计算能力的总和,该系统就是安全的。

此后,白皮书改变了很多人的生活。这是第一次,基于互联网的而贸易不需要依赖于金融机构就能处理电子支付。很多比特币人会告诉你这是一条漫长的路,因为这一路上有很多市场惨遭失败以及出现了一些有趣的进展。但是即使是在10年后,他们还是会向你保证,我们仍处于革命的开端,而点燃这场革命的正是这项我们所有人都热爱的技术。

p2ppaper-480x420
2008年10月31日10年前与中本聪首次相遇。

网络的诞生

尽管多年来有很多金融巨鳄例如股神巴菲特,还有数不尽的经济学家发出过警告,但比特币仍存活了下来并且发展的很好。BTC.com的营销部副总裁Alejandro de la Torres对这项技术持有的观点与传统银行家例如杰米·戴蒙(Jamie Dimon)的不同。他认为中本聪协议是社区迄今为止最具有革命性的计算共识模型。

“比特币工作量证明的算法已经被证明是最成功的共识模型,我相信这是去中心化共识系统向前发展的最佳途径。它为矿工提供了强有力的经济激励,同时自动调整难度,保持长期的挖矿奖励。”他最近在接受news.Bitcoin.com的采访时说道。

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10年后,这份白皮书已经向我们证明,这个协议是可靠的,同时这个系统会随着时间一天天过去变得越来越强大。白皮书发布7天后,中本聪表示,“我们无法通过密码学找到解决政治问题的途径,但是我们可以在军备竞赛中获取重大战役的胜利,同时夺得自由的疆域。”

Bitcoin.com在这里保存着中本聪白皮书的原版供大家分享。

发文时比特币现金(BCH)的价格是:¥ 2982.48

你怎么看比特币白皮书?你第一次读到中本聪白皮书的时候是什么感觉?欢迎在下面留言评论。


图片来源:Shutterstock、Jamie Redman和Pixabay。


需要换算你持有的比特币?可点击使用我们的工具

原文链接:https://news.bitcoin.com/ten-years-ago-today-the-white-paper-changed-the-way-we-look-at-money/
作者:Jamie Redman
翻译:Bitcoin.com



Ethereum Classic Price Analysis: ETC/USD Remains In Downtrend

Key Highlights

  • Ethereum classic price extended losses and traded towards the $8.75 level against the US dollar.
  • This week’s followed important bearish trend line is intact with resistance at $9.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  • The pair may recover a few points, but it is likely to face sellers near $9.20 and $9.25.

Ethereum classic price declined further against the US Dollar and Bitcoin. ETC/USD remains in a downtrend as long as the price is below $9.30.

Ethereum Classic Price Analysis

There were additional losses noted below the $9.00 support in ETC price against the US dollar. The ETC/USD pair declined towards the $8.75 level and settled below the 100 hourly simple moving average. The price traded as low as $8.74 and later started an upside correction. It moved above the 23.6% Fib retracement level of the last slide from the $9.60 high to $8.74 low.

However, the price struggled to move above the $9.00 resistance. The 100 hourly simple moving average is positioned near $9.15 to act as a resistance. Besides, the 50% Fib retracement level of the last slide from the $9.60 high to $8.74 low is also near $9.15. More importantly, this week’s followed important bearish trend line is intact with resistance at $9.25 on the hourly chart of the ETC/USD pair. Therefore, if the pair continues to move higher, it is likely to face sellers near $9.20 and $9.25. Only a close above the trend line and the $9.30 level could push the price back towards the $10.00 resistance.

Ethereum Classic Price Analysis ETC Chart

The chart suggests that ETC price is following a downtrend from the $10.00 swing high. If it fails to recover above the $9.30 level, there could be renewed selling pressure. The main supports on the downside are $8.75 and $8.60.

Hourly MACD – The MACD for ETC/USD is about to move back in the bearish zone.

Hourly RSI – The RSI for ETC/USD just moved below the 50 level.

Major Support Level – $8.75

Major Resistance Level – $9.25

Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift Cards

The Bitcoin.com Store has now partnered with the company Egifter. Thanks to the collaboration, Bitcoin.com Store patrons can purchase an assortment of over 300 top-branded gift cards to stores and restaurants worldwide with bitcoin cash.

Also read: Coinbase Raises $300 Million, Reaching $8 Billion Valuation

Over 300 Gift Cards for Food, Entertainment, and Top Retail Brands

Last April we re-launched the Bitcoin.com Store, revamping the entire site with the hottest bitcoin merchandise, gear, art, and hardware devices. Ever since, the shop has relentlessly added new items to the store’s vast supply of cryptocurrency-focused products. Now, on Oct. 31, in parallel with the tenth anniversary of Satoshi’s whitepaper, the Bitcoin.com Store has partnered with the gift card service Egifter in order to offer customers a wide variety of gift cards.

Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift Cards

The alliance between Bitcoin.com and Egifter will provide the shop’s visitors with the ability to purchase hundreds of gift cards with bitcoin cash. Essentially, the Egifter Marketplace has been tethered to the Bitcoin.com Store user interface and patrons can simply click the ‘gift cards’ section at the top of the screen. From there, the customer can choose from the assortment of cards and fund them with a specified amount of money. For instance, a customer could choose to purchase a Best Buy gift card in increments of between $5-$2,000. Gift cards available at the shop include popular places like Applebees, American Eagle, Dunkin Donuts, HBO Now, Macy’s, Nike, Nordstrom, Uber, Panera Bread, Domino’s and many more brands.

Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift Cards
There’s a wide variety of gift cards to choose from at the Bitcoin.com Store.

After choosing a card and a desired amount of funds, the customer can simply choose another gift card to purchase or checkout. At the checkout section, the Bitcoin.com Store uses Bitpay as a payment processor so the item needs to be purchased with a Bitpay Payment Protocol compatible wallet. Following the purchase, the customer will get a virtual gift card that can be redeemed for food, entertainment and hundreds of retail brands.

Spreading Bitcoin Cash Adoption One Step at a Time

Blake Moore, Bitcoin.com’s ecommerce manager, explained that the partnership with Egifter gives bitcoin cash proponents a new method to spend their coins by adding more merchant accessibility. “Well over 300 cards from the world’s top brands are now available to our valued users which adds a great deal of accessibility,” Moore emphasized.

Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift Cards
The Bitcoin.com Store also has a large assortment of Bitcoin swag that can be purchased alongside the newly added gift cards.

Gift cards are available for purchase today and customers can choose from a range of categories such as food and restaurants, music, movies, entertainment, electronics, sports, travel, and more groups of well-known products and services. Bitcoin.com Store patrons will still be able to purchase hardware wallets, BCH swag, t-shirts, and more gear alongside the awesome redeemable gift cards.

Bitcoin.com is a one-stop destination for all things Bitcoin. Providing our visitors with the ability to spend their BCH on gift cards accepted worldwide is just another example of the many steps our site is taking towards spreading bitcoin cash adoption.

What do you think about the Bitcoin.com Store collaboration with Egifter? Let us know what you think about this subject in the comments section below.


Images via Shutterstock, Bitcoin.com Store, Egifter, and Pixabay.


Why not keep track of the price with one of Bitcoin.com’s widget services.

Crypto Robo-Advisors Are Fueling the Rise of Long-Term Investors

News

Crypto Robo-Advisors Are Fueling the Rise of Long-Term Investors


Cryptocurrency robo-advisors like New Wave Capital continue to grow despite bear markets in 2018. Some think their popularity could rope in more outsiders to invest in digital currencies for the long-term.   


2018 has been a rough year for crypto prices. The ripple effects have been felt across exchanges and other major institutions within the industry.

However, cryptocurrency robo-advisors like New Wave Capital seem to be weathering the storm.

The investment firm recently noted how more customers have signed up to invest even amid a downturn.

The idea behind robo-advisors like New Wave Capital, which launched in July, is to appeal to regular people who are looking to invest in virtual currencies. The company assesses a person’s investment risk tolerance via an algorithm and then distributes the money people are willing to invest across various cryptocurrencies in a tailored fashion.

A Growing Crypto Robo-Advisory Industry

A few other companies, like Automata and Empirica have built platforms based on algorithms to enter into the robo-advising world.

Automata touts itself as “the first robo advisor specifically tailored to protect your capital” by tailoring an investment strategy after listening to a person’s needs.

Keplertek: How Robotics and AI on the Blockchain Will Change the Future Forever

On the other hand, Empirica advertises their platform as a “white label solution” for cryptocurrency portfolio managers and firms who want to help customers by gauging risk to cultivate an appropriate investment portfolio.

There are other entities, like Grayscale’s Digital Large Cap Fund, that let people become exposed to a swath of digital currencies.

However, the focus of the growing number of robo-advisory firms is not institutional investors. Rather, it’s regular people who may think investing in virtual currency is exceedingly risky or complicated.

Increasing Comfort by Automating Finances

The general idea of robo-advisors began to gain a more attention after the 2008 financial crisis when people lost faith in traditional financial advisors. Some were also fed up with growing fund management and advisory fee structures for human advisors.

Others think the robo-advisory trend will continue to pick up steam inside of the cryptocurrency world because more people are interested in automating their finances.

Charles Schwab

A survey carried out by Charles Schwab earlier in the fall revealed how 25% of more than 1,000 respondents were eager to automate their day-to-day finances.

More than half (56%) wanted controlling their finances to be “as simple as booking a hotel room.”

Even though the general sentiment was that people still wanted interaction with a person when it came to advisory services, half said robo-advisors would make the biggest impact across the financial landscape.

When asked about how the market downturns in 2018 have affected investing, New Wave Capital CEO Eric Campbell explained how customers who

[…]sign up during a downturn have more of a long-term approach to investing.

Chief Product Officer Albert Cheng noted that New Wave’s robo-advisory service had a focus on driving “long-term thinking:”

If people are holding their portfolios for a long time, I think it’s prudent to have exposure to multiple coins. True paradigm shifts take a long time.

Would you be comfortable with using a crypto robo-advisory service to invest? Let us know in the comments!


Images courtesy of Bitcoinist archives, Shutterstock.

Microsoft Partners with NASDAQ To Implement Blockchain-Based Trading System

Microsoft recently partnered with Nasdaq to integrate the Microsoft Azure Blockchain into Nasdaq’s Financial Framework, a  technology software that provides end-to-end infrastructure for financial providers. According to Microsoft Azure’s blog post published on October 30, 2018, the blockchain system will make it easier for traders, exchanges, and clearing houses on Nasdaq’s Financial Framework to interact and work together.

Blockchain: A Competitive Advantage for Nasdaq

Magnus Haglind, the Senior Vice President and Head of Product Management for Nasdaq’s market technology business noted that the capital markets industry is currently evolving significantly faster than ever, due to the advancement of emerging technology. Haglind recognizes that, as a critical player in the market, understanding how to leverage emerging technologies like blockchain not only improve existing processes but can also be a significant competitive advantage for the company.

According to Microsoft Azure’s blog, the Azure blockchain will help ensure that Nasdaq’s different technologies in their monolithic infrastructure system can work together to improve the overall customer experience. For example, blockchain technology can help create an interoperable communication system between the core Nasdaq Financial Framework Infrastructure, the middleware and customer technologies.

Delivery Payment And Settlement of Transactions

While blockchain technology can improve many existing processes in Nasdaq’s system, Nasdaq sees an immediate opportunity for blockchain technology to handle the delivery payment and settlement of transactions, especially if these transactions are on multiple blockchains, each with a different approach to payment.

“With multiple blockchains in use by various industry participants, we believe that the combination of Nasdaq’s Financial Framework and Microsoft’s blockchain technology can remove some of the project complexities that exist in this realm,” said Tom Fay, the Senior Vice President of Enterprise Architecture at Nasdaq.

Bloomberg reported that the Nasdaq Financial Framework would also offer consumers a multi-ledger strategy. Consumers have the choice to use different blockchains under a standard interface. A multi-ledger strategy and a secure and interoperable system create a very sophisticated blockchain ecosystem, which can ensure that transactions and contracts are executed in a safer, more secure and scalable way.

Nasdaq remains hopeful and confident that this approach will boost the use of blockchain technology globally, and help their customers select the best option for their situation.

Ripple Price Analysis: XRP/USD Could Recover Above $0.4500

Key Highlights

  • Ripple price corrected higher recently and tested the $0.4500 resistance area against the US dollar.
  • There was a break above a key bearish trend line with resistance at $0.4400 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair may correct lower before it could make another attempt to surpass $0.4500-0.4520.

Ripple price recovered nicely against the US Dollar and Bitcoin. XRP/USD is likely to clear the $0.4500 resistance to test the next hurdle near the $0.4600 level.

Ripple Price Analysis

Yesterday, there was another downside reaction from the $0.4460 level in ripple price against the US Dollar. The XRP/USD pair dipped and traded towards the $0.4340 support area where buyers emerged. There was a strong buying interest near $0.4340, which resulted in a sharp upward move. The price bounce back and broke the $0.4400 and $0.4460 resistance levels.

Moreover, there was a break above a key bearish trend line with resistance at $0.4400 on the hourly chart of the XRP/USD pair. The pair even moved above the $0.4500 resistance and the 100 hourly simple moving average. However, the price failed to stay above the $0.4500 level and formed a high at $0.4577. Later, there was a downside correction and the price moved below $0.4500. It also cleared the 23.6% Fib retracement level of the last wave from the $0.4233 low to $0.4577 high. It seems like the price may correct further in the short term towards the $0.4450 or $0.4400 supports.

Ripple Price Analysis XRP Chart

Looking at the chart, ripple price is showing positive signs above $0.4400. However, buyers need to clear the $0.4500 and $0.4520 resistance levels to push the price towards the $0.4600 resistance. On the downside, a break below the $0.4400 level could take the price back towards the $0.4340 support.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD could move back in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is well above the 50 level.

Major Support Level – $0.4400

Major Resistance Level – $0.4500