Lesson: Trend lines

Trend lines are lines drawn at an angle above or below the price. They are used to give indications as to the immediate trend and indicate when a trend has changed. They can also be used as support and resistance and provide opportunities to open and close positions. Drawing trend linesThe chart below shows an example of a trend line in a downtrend...
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The Elliott Wave Principle in Trading

The foreign currency exchange market, more commonly known as forex, is the most active, liquid and dynamic trading platform in the world. The rising trend of globalization is directly related to the growing interest in forex; one of the main reasons behind this trend is that many national economies are being transformed by the forces of trade, and ...
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Microsoft is using Bitcoin's blockchain for its new decentralized ID tool

  Microsoft has taken its first major step into the world of decentralization by building an identity tool upon the Bitcoin blockchain… According to Coindesk , Ion, an open source project of Microsofts, has been under construction for around a year and focuses on network communication and validation. The project will look to enhance decentrali...
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228 Hits

Samsung, JP Morgan—Microsoft are Ethereum (ETH) Primers, Next $250?

Ethereum (ETH) up 21.7 percent The platform is way ahead of competitors and could replace Bitcoin as a store of value Mike Novogratz, an experience institutional investor, is positive on Ethereum (ETH) saying that the platform is "way ahead." His comments mirrored our previous assertion and reflected on the level of on-chain development gauged from...
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VeChain Partners Chinese-Based Hospital With 2.1MM Emergency Cases on Digital Carbon Ecosystem

VeChain partners Renji Hospital to ensure an eco-friendly environment. Digital Carbon Ecosystem is the first of its kind in medical sector for addressing Climate change Here comes another great news for VeChain. The world is going digital, and VeChain blockchain is among the eminent technologies used in different industries to better the world. On ...
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190 Hits

BREAKTHROUGH: Bitcoin and Other Cryptocurrencies Now Accepted by Whole Foods, Nordstrom and More

Cryptocurrencies have long been struggling with mainstream adoption for a long time, but it seems like major retailers are warming up to the nascent payment option. Whole Foods, Crate and Barrel, and a bunch of other physical stores are now accepting digital currencies, Fortune reports . Making crypto usable Cryptocurrency payments at physical stor...
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263 Hits

Amazon Launches Managed Blockchain Service, Nestlé and AT&T Already on Board

Photo: Debbie Ding / Flickr
Amazon is making its entry into the blockchain space, via a new tool available through its AWS (Amazon Web Service) to "create and manage scalable blockchain networks" via open-blockchain networks like Ethereum.   Amazon 's cloud computing arm, Amazon Web Services (AWS), launched its Managed Blockchain service for wider use among enterprise cl...
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2909 Hits

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies. The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed "great poten...
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212 Hits

Microsoft Partners With JP Morgan Chase To Improve Quorum’s Blockchain Technology

Microsoft has recently signed a new partnership with JP Morgan Chan in order to enhance the blockchain platform Quorum. This blockchain network has been developed by JP Morgan in order to perform transactions among different customers. The information was recently released by Microsoft in a statement . Microsoft and JP Morgan Chase Work Together Ba...
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Blockchain Technology Pros & Cons

We constantly read about blockchain technology either as a savior, or as a curse. There are a wealth of pros and cons to consider when it comes to the blockchain , as with any new technologies. This isn't a bad thing. It's beneficial to highlight drawbacks to that innovation can take over. Yes, blockchain does boast some bad factors, thankfully tho...
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Ethereum Could Become A New Standard As Amazon Gets Into Blockchain

Ethereum's blockchain could soon become a standard as Amazon Web Service (AWS) gets into blockchain. Amazon will be releasing a new tool that enables users to create and manage scalable blockchain networks via public-blockchains, like Ethereum , and private and permissioned blockchains, like Hyperledger Fabric . You can now create & manage scal...
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189 Hits

Institutional Investors Will Flood the Crypto Market within Next 5 Years: Fidelity Research

Photo: Fidelity Investments / Twitter
The results of the survey conducted by Fidelity Investments indicate that opinions about cryptos are changing for the better, as nearly half of the respondents see digital currencies as 'innovative technology'. Fidelity Investments , multinational financial services corporation with $2.5 trillion in assets under management, has carried out research...
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250 Hits

Qtum Unveils Developer Suite In Partnership With Google Cloud

  Yesterday, on May 2 nd , the Qtum Chain Foundation ("Qtum") revealed a full suite of tools for blockchain development through its partnership with Google Cloud . According to a blog post made by Qtum , these tools are free to use and have been designed to " give developers and non-technical users alike, a simple and cost-effective way of lau...
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Ripple Signs Up One of World’s Largest Money Transfer Businesses to RippleNet

Photo: Ria Money Transfer
Ria Money Transfers, a subsidiary of Euronet Worldwide, has signed an agreement of partnership with RippleNet. What benefits it will bring to both of the companies and how it can influence XRP? Check out below. Ria money transfer, a subsidiary of Euronet Worldwide and one of the largest payment service providers, announced their future cooperation ...
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New Microsoft and J.P. Morgan Partnership Brings Enterprise-Variant of Ethereum to Azure

Microsoft and J.P. Morgan team up to make it easier, more affordable, and less time-consuming for enterprises to come up with blockchain-based solutions.
  A new strategic partnership between J.P. Morgan and software giant Microsoft Corp. will now enable customers of both companies to develop and scale blockchain networks in the cloud. The collaboration, announced May 2, 2019, is aimed at expediting the growth and adoption of enterprise blockchain. Microsoft Unveils Azure Blockchain Service At ...
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68% of Global Millionaires Already Invested or Plan to Invest in Crypto by 2022: Survey

  68% of global high-net-worth individuals have already invested or are planning to invest in crypto   by the end of 2022, according to a survey by Dubai -based financial consultancy firm deVere Group released on May 3. DeVere group has more than $10 billion in assets under advice, with more than 80,000 clients located in more than 100 co...
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Samsung is developing its own Ethereum based blockchain

According to rumors, electronics giant, Samsung is considering developing its own Blockchain, accompanied by its own token. The new token will be on the Ethereum blockchain and later converted into its own blockchain, while the new blockchain could possibly be a fork of Ethereum. CoinDesk Korea first reported that Samsung plans to launch its own bl...
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230 Hits

ICON RELEASES ROADMAP UPDATE

ICON recently revealed its updated roadmap development following 2019's first quarter. Here is a brief summary of what the ICON team has been working on: P-REP TESTNET Ahead of the P-Rep elections in the third quarter, ICON is allowing P-Rep candidates to prepare network operations, preemptively install ICON nodes and operate blockchain testnets. C...
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VeChain Partners with Shanghai Gas and ENN to Pilot Blockchain-Enabled Liquified Natural Gas Solution

Mr. Wang Zhehong (in the middle), Deputy General Manager of Shenergy (Group) Co., Ltd., Party Secretary and Chairman of Shanghai Gas (Group) Co., Ltd., Mr. Han Jishen (3rd left), Vice President of ENN Energy Holdings Limited, Mr. Li Zhen (3rd right), Chairman at Shenzhen Gas Co., Ltd, Kevin Feng, COO at VeChain and other representatives from Ganghua Gas, Chongqing Gas and Beijing Gas
China's commitment to being a world-leader in clean energy adoption and the reduction of carbon emissions has taken a large step forward today with the announcement of a liquified natural gas (LNG) management solution, enabled by the VeChainThor Blockchain. The blockchain solution is the result of a new joint initiative between VeChain and two of C...
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805 Hits

AWS Services Enable One-Click VeChainThor Blockchain Deployment for Enterprises

  VeChain, the world's leading enterprise friendly public blockchain platform, announced they are launching an integrated one-click solution into AWS Cloud allowing a host of enterprises to deploy quick, secure, and compliant blockchain applications. Official announcement from AWS in Chinese, click the link below: 唯链借助 AWS 平台,让企业一键部署区块链应用! 唯链基...
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2887 Hits