• Ethereum is trading in its narrowest seven-day trading range since April this year
• Technical analysis suggests a move towards the $200.00 level is increasingly likely
• Sizeable bullish falling wedge pattern seen on the four-hour time frame

Ethereum is poised for a major technical breakout, as the second largest cryptocurrency trades in its narrowest seven-day trading range since April this year.

Ever wanted to ramble like Trump on Twitter while wearing the latest celebrity outfit and curing your child’s pneumonia? With SingularityNET’s new version of the Beta Marketplace, blockchain AI can help you with that.

If Andreessen Horowitz has any say in the matter, crypto regulation could be just around the corner.

As unsavory as it may sound, Washington tends to be more swayed by powerful interest groups than the will of the general public. And if any sector of the American economy needs a lobbyist to represent its interests, it is the blockchain and cryptocurrency space. 

Look up “hyperinflation” in the dictionary, and you’ll probably find a picture of Zimbabwe’s 100 trillion dollar bill. The country has become an unfortunate poster for economic mismanagement, but one project, Zimbocash, is seeking to heal Zimbabwe’s economic woes with a token on the TRON blockchain.

Bitcoin continues to set new records for dominance, as altcoins fall behind. On Thursday, BTC eked out a slight 0.37% price gain over the day before. But most altcoins continued the trend of two-to-three percent daily losses – which means that Bitcoin is now at 71% dominance.

Binance USD (BUSD) – a stablecoin from the world’s largest crypto exchange – has been approved by the New York State Department of Financial Services (NYDFS), which has historically taken a hard line against cryptocurrency companies.

The new stablecoin has been developed by the team behind Paxos and will be used within the Binance ecosystem to “unlock more financial services”, according to Binance CEO, Changpeng Zhao.

• The four-hour time frame shows a bearish head and shoulders pattern forming
• The daily time frame highlights negative MACD price divergence extending down to the 0.150000 level
• Basic Attention Token has broken below a long-time price channel on the daily time frame

Basic Attention Token is still showing few signs of recovery as the cryptocurrency languishes towards its lowest trading level since March this year.

Propy, a blockchain-based real estate platform, has announced a partnership with one of the leading escrow providers in Japan. In collaboration with Escrow Agent Japan, Propy will launch a blockchain-based real estate transaction platform to record sales with Japan’s Legal Affairs Bureau. This will remove the existing time lag for registration, fulfilling Propy’s promise of “24-hour, 365 days closing.”

Offchain Labs, a New Jersey-based project developing a scaling solution for permissionless blockchains, has announced the successful Alpha release of its Arbitrum code. The company claims that the new system is capable of supporting more than 500 transactions per second, making it many times faster than Ethereum.

The team behind NEO has released a suite of new tools ahead of the launch of NEO 3.0, which are expected to make it easier to build on the blockchain and encourage more developers to use the platform.