Bitcoin price is down around 4% and it broke the key $7,000 support against the US Dollar.The price is likely to continue lower towards $6,500 or $6,200 in the near term.There is a short term contracting triangle forming with resistance near $6,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair...Read More
The total crypto market cap is declining and it is now trading below the $185.0B support.Bitcoin price is down 3% and it recently broke the $7,000 support area.Binance coin (BNB) price dived more than 8% below $14.00 and $13.50.Litecoin (LTC) price is sliding and trading well below the $40.00 support area.BCH price finally traded below...Read More
Bitcoin price broke down below the psychological level of $7,000 late on Monday. The cryptocurrency updated the December low after blockchain researcher Chainalysis said that PlusToken scammers were selling coins to cash out. Bitcoin Dragging Down Crypto Market At the time of writing, the cryptocurrency fell 3.11% in the last 24 hours, touching the daily...Read More
Ethereum has just slumped to a nine month low, wiping out virtually all gains it has made this year. The move has been part of a market wide decline catalyzed by Bitcoin’s drop below $7k. Many are not convinced that ETH prices will recover at any time soon, and here is why.Ethereum Bears Gaining StrengthThere...Read More
Ripple price is down close to 6% and it broke the $0.2050 support area against the US dollar.The price is likely to continue lower below $0.2000 and $0.1980 in the near term.Earlier, there was a break below a couple of bearish continuation patterns with support near $0.2120 and $0.2050 on the hourly chart of the...Read More
A new week dawns upon the cryptocurrency industry, and there is some more drama to go around. Trevon James, best known for his BitConnect antics, is now aligning himself with Hex. The Hex project has been very controversial from day one. Hex and Trevon James are a Thing It offers users decent returns, but the...Read More
A dip below $7,000 has been on the cards for Bitcoin for some time now. What is surprising though is that the altcoins have been pummeled again with several high cap crypto asserts dropping as much as 8 percent overnight.Bitcoin Back Below $7kAfter almost three weeks of consolidation the big Bitcoin move finally arrived and,...Read More
Ethereum is down more than 6% and it broke the key $140 support area against the US Dollar.The price tested the final bearish target near the $132 and $130 levels.There is a short term contracting triangle forming with resistance near $133 on the hourly chart of ETH/USD (data feed via Kraken).The price could correct higher,...Read More
Companies such as R3 are leveraging blockchain technology in the finance industry. Its latest trial seemingly resulted in completing the largest open-account finance trial on the Corda platform. It has been a while since R3’s Corda platform generated any real headlines. R3 and Corda Complete a Major Trial Despite that aspect, a lot of development...Read More
Venture capital is the latest industry to get a taste of decentralized governance. Peter Yuan Pan announced the launch of MetaCartel Ventures, a decentralized autonomous organization that will invest in the Ethereum ecosystem. DAO as a Community of Investors In true crypto spirit, the MetaCartel community is difficult to trace. What began as a project...Read More
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers. Also read: US to Strictly Enforce Crypto Rules Similar to FATF Guidelines All...Read More
By Zeeshan Feroz, CEO, Coinbase UK Creating an open financial system takes its shape in many different ways, and in turn benefits people differently, too. That’s why this December we’re partnering with DustAid to enable our customers to donate crypto to three brilliant charities this Christmas. DustAid is an organisation that facilitates crypto donations to...Read More
