Roundup – 12/05/2019 – Bitcoin Breaks $7000 – Strong Bullish Signal & more

Bitcoin Breaks $7000 – Strong Bullish Signal

Bitcoin has reached the price above the psychological line of $7000. This is a strong bullish sign for Bitcoin and a good indicator that the rally could continue. Of course, altcoins have followed Bitcoin’s price and performed with partly even stronger gains. If Bitcoin holds this price level now, the bull market could continue. We will come up with a technical analysis of the market this week.

Malta Will Launch Commercial Register On Blockchain

The blockchain island of Malta wants to connect its commercial register to a blockchain. The public register will be accessible online. Through a blockchain, the Maltesian administration wants to improve the verification, control and protection features of its registry. Other countries such as France and Switzerland are currently testing pilot projects with a blockchain powered commercial register as well.

Ripple Announced New Partnership With Malaysian Xendpay

Ripple’s list of partners is constantly growing. The most recent partnership was scored with Xendpay. The payment service concentrates on facilitating transactions to Malaysia, a country that already worked with Ripple in the past. Xendpay has the same goal as Ripple. Both services want to offer their clients cost-efficient and fast transactions.