Bitcoin and other Cryptocurrencies

Realty Shares launched a new exchange-traded fund in January that invests in companies developing the technologies behind blockchain.

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A recent report claims it might be.

BTC tends to reverse course every time the relative strength index (RSI) drops to or below 30.00, according to historical data.... As of writing, the relative strength index is close to that mark, at 32.00.

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The Japanese government has reportedly decided to set up a security agency to fight crypto currency theft. The Tokyo based anti-cyber crime center has selected 500 analysts and investigators from Japanese security and intelligence services, Japan's Kyodo news agency reported. Cybercrime has become widespread in Japan, where more than 3 million attempts to steal digital information were recorded.

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A hotel group in the Russian city of Kaliningrad has announced that it will accept payments from football fans who stay in their hotels during this year's World Cup football games in cryptocurrency. The western Russian city is hosting four matches to be played on June 16, 22, 25 and 28. Natonal teams of Spain, Belgium, Serbia, England, Switzerland, Croatia, Morocco and Nigeria are playing in Ka

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A Wall Street analyst has reportedly predicted a massive selling of cryptocurrencies to U.S. dollars in the lead up to the mid-April tax filing deadline in the United States. Thomas Lee, head of research at Fundstrat Global Advisors, estimates that U.S. households likely owe $25 billion in capital gains taxes for their cryptocurrency holdings. This is in addition to crypto exchanges.

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Bitcoin: Retail trader data shows 72.0% of traders are net-long with the ratio of traders long to short at 2.57 to 1. The number of traders net-long is 5.3% lower than yesterday and 4.0% lower from last week, while the number of traders net-short is 4.9% higher than yesterday and 7.4% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.

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Bitcoin staged a remarkable rally on Thursday and the upward trend continued into Friday. The up-move came after the top cryptocurrency witnessed a sharp slide at the start of the week that extended into the next day. The Bitcoin price reached near $6,600 before finding support and bouncing back strongly. A collection of the main stories from this week, thus far.

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Major cryptocurrencies like Bitcoin, Ethereum, Ripple and EOS have been on fire lately. Over the last seven days, Bitcoin is up 21.80%, Ethereum is up 39.36%, Ripple is up 40.89% and EOS 51.84%.

Some cryptocurrency experts aren’t surprised by the renewed interest in cryptocurrencies. Matthew Spoke, CEO of AION and Founding Board Member of the Enterprise Ethereum Alliance is one of them. “The fundamentals have not changed,” says Spoke. “A large portion of the crypto market value is reflective of the real innovations happening around the world. Although investor confidence will sometimes falter, long term growth across the market will continue if you zoom out far enough. I’m very bullish for 2018.”

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India's private sector banking giant ICICI has announced that more than 250 corporates have joined its blockchain trade finance initiative. This is the highest number of participants on any blockchain platform for domestic and international trade finance in the country, ICICI claimed. Leading Indian corporates, including "S&P BSE 100 Index" companies, are now undertaking domestic and internatio

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An Indian startup company that was planning to launch a crypto exchange has filed a complaint challenging the central bank's ban on the country's commercial banks providing services to investors in digital currencies. Ahmedabad-based Kali Digital Ecosystems Pvt. Ltd. filed a writ petition in the High Court of the Indian capital Delhi against the Reserve Bank of India (RBI), the Ministry of Finance

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