Cryptocurrency Trading Tips – LITECOIN (LTC) Trade Evaluation

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The Power of Daily Chart Consolidation  Cryptocurrencies get their explosiveness from periods of consolidation where it trades in a relatively tight price range. Litecoin was consolidating for around a month in a 10 dollar range. We got long once it broke out of the top part of the range, after it got even tighter right under the breakout spot. In this kind of trading environment for cryptos, they will often have great follow through after a range is broken. This is one of our favorite daily chart patterns in cryptocurrencies. To get the best entries, you need to align patterns on the daily with the intraday time frame. Be Patient for The Intraday Entry After confirming a breakout on the daily, it is essential to find a safe entry on a smaller time frame. We use 15 minute charts for trading cryptocurrencies intraday. Just because there is a breakout on a daily does not mean you want to be buying immediately upon the break of the resistance level. You need an intraday pattern to enter safely that will give you the best risk reward possible. In our LTC trade, we didn’t buy immediately on the range break. We waited for …

JPMorgan purchasing WePay, shifting fintech financial investment into high equipment

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JPMorgan Chase has made several financial investments in financial technology start-ups, however its plan to buy WePay will offer its 4 million small-business customers a much more direct way to adopt digital payments.The bank announced strategies to obtain the payment company on Tuesday in a deal that might be bigger than $220 million, according to The Wall Street Journal, which associated the total up to unnamed sources.The celebrations would not validate the amount of the offer. “With WePay, Chase is taking the work out of payments for both our organisation clients and the software suppliers who serve them,” stated Matt Kane, CEO of Chase Merchant Solutions, in a release. “We are powering payments for development, so companies can accept payments instantly, get paid much faster, and never lose a sale. And we’ll offer ISVs a payment facilitator-like experience without the overhead or increased scams risk.” Bloomberg News WePay serves primarily smaller companies and neighborhoods that sell items online on behalf of micromerchants. It has expanded considerably in the past year, adding support for Apple Pay and Android Pay for mobile checkout and presenting offline services to ward off competition from mobile point of sale suppliers such as Square.”We believe this …

Daily Mail: Putin requires national variation of Bitcoin to guarantee cryptocurrency can be taxed

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Popular on social media Russian president Vladimir Putin is launching his own version of Bitcoin to ensure his government receives tax from the profits of people using cyber currencies. The CryptoRuble will be launched in the coming weeks and will be the only cryptocurrency legal to use for Russian citizens. Read more here. 

Burnaby RCMP warn public not to succumb to popular Bitcoin scam

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Burnaby RCMP are worried about a recent boost in the number of rip-offs involving the transfer of money by means of Bitcoin.In one of more common scams including that cryptocurrency, Mounties state a fraudster will call a potential victim claiming to be utilized with the Canada Profits Firm. Read More

IBM and eight banks unleash we.trade platform for blockchain-powered commerce » Banking Technology

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IBM and eight banks unleash we.trade platform for blockchain-powered commerce IBM and friends rebrand the Digital Trade Chain platform to we.trade IBM and eight banks have unveiled we.trade – the new name for their Digital Trade Chain shared platform using distributed ledger technology (DLT) for domestic and cross-border commerce. Since January 2017, a group of seven banks (Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit), together with IBM, have been developing the Digital Trade Chain platform. Now with the recent addition of Banco Santander as a founding partner, the group have decided to rebrand the Digital Trade Chain platform to we.trade. The enlarged consortium will continue to develop the platform that can connect the parties involved in a trade transaction i.e. the buyer, buyer’s bank, seller, seller’s bank and transporter. According to the group, the platform will be accessible from any connected device and can be used for managing, tracking and securing domestic and international trade transactions. The commercialisation of the platform is expected in Q2 2018. From February 2018 test clients of the founding banks will be able to use the platform. Along with this expansion, the eight founding banks intend to establish a joint venture company …

Using Dynatrace AI based Monitoring to Ensure Blockchain Efficiency

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The surge of Bitcoin and cryptocurrency has actually been a showing ground for Blockchain transactions. Blockchain is a continuously growing list of records called blocks, which are linked and secured utilizing cryptography (1 ). Blockchains provide irreversible verifiable means of taping deals in between two parties. Severe actors in Financing, eCommerce and IT are enormously purchasing and developing out Blockchain frameworks. Blockchain by its very nature needs incredible processing power and network discussions with stars exchanging blocks. There has not been a great deal of research into the efficiency impact including Blockchain deal into ecommerce applications. Blockchain adoption raises numerous functional concerns: It is uncertain how poor performance will impact end users or applications relying on a Blockchain transaction.As Blockchain ends up being part of the fabric of cloud based, brand-new stack ecommerce/financial applications the onus on how Blockchain behaves and performs will not just fall on to those offering the core Blockchain processing, but any actor integrating it into their applications or exchanges.The explosion of complexity around cloud and container based techniques these Blockchain applications will be based on will require brand-new discipline and insight to ensure that they are effectively kept an eye on from an efficiency perspective.That …