Finance News

Story: Cryptocurrency Have Significant Opportunity In Areas Of International Remittance

By Steven Anderson

1 / 11

Bitcoin has retraced recovery to more than the $10,000 price trend; however, the outlook continues to be bearish and the lower-highs patterns are intact on the chart.

2 / 11

The recovery achieved by the token over the past 24 hours is struck in the price ranges exhibiting key resistance levels and there is a lack of volume.

3 / 11

If BTC would clear the key resistance around the $10,200 area on the high volumes, the $11,120 price level will come in to play.

4 / 11

However, BTC is facing a very tough time to cross past the $11,120 price range.

5 / 11

Anne Boden, from her 30 years of experience working with the famed financial institutions in the world stated, "[Blockchain] is easily the most revolutionary money change on the…

6 / 11

Boden, being a banking doyen has her own thoughts about how banks should change and evolve due to different factors.

7 / 11

Boden opines that customers have changed a lot.  They are buying everything in a different manner.  They are doing things differently.  Technology has changed a lot.

8 / 11

Frank Zhou, CEO of Zeux, stated, "App-banks, or digital banks, are making things more convenient for everyday customers to manage their banking.”

9 / 11

There are different requirements in the early adopter space.  Many are interested in cryptocurrency, ranging from investing, trading and using it for their payments.

10 / 11

Several app-based and digital banks are providing a very convenient method of managing money and they are mostly based on their conventional payment infrastructure.

11 / 11

Dmitry Lazarichev, stated, "Decentralised digital currencies have the potential to revolutionize many aspects of the payments industry due to their transparency, mobility, and…

The Currency Analytics

Want the full story?