Pakistan President Dr. Arif Alvi expressed his concerns in a meeting of the Taskforce on Emerging Technologies here at the Aiwan-e-Sadr. As per his statement, the emerging technologies of Blockchain, Internet-of-Things(IoT’s), Artificial Technology, etc. will disrupt the economy. The quotes says “Beware of Blockchain”. He further urged that the country should prepare itself for digitization...Read More
Cryptocurrency data aggregator CoinGecko’s Trust Score feature is a very effective one. Although, The feature was launched in May 2019, it has helped CoinGecko to combat fake trading volume. Poloniex is 5th most trustworthy exchange as per the List. As it is said, in traditional markets, exchanges with high volume equate to high liquidity. However,...Read More
There are a number of varying metrics that Bitcoin analysts use to predict future price movements of the asset. One rarely used oscillator takes BTC energy value into account and it is flashing bullish at the moment. Bitcoin Energy Value? Okay, so this metric may not be as popular as other recently used ones such...Read More
Bitcoin price is extending losses below the $6,800 support area against the US Dollar.A crucial support is waiting on the downside near $6,500 and $6,200.There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).The bears are in control, but the...Read More
ZenLedger announced today in a press release that the blockchain tax service and analytics startup received $3.4 million in funding. The Seattle-based company provides tax software for cryptocurrency investors and accountants and assists with tax filing and financial analysis. According to the release, ZenLedger software “takes in transaction information from hundreds of exchanges, wallets, and...Read More
Ripple price is diving below $0.1900 and it recently traded to a new 2-year low against the US dollar.It broke a significant support, opening the doors for further losses below $0.1800.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Kraken).BTC and...Read More
It has been a while since an update on the PlusToken scam was provided. According to Chainalysis, this may be the reason why the Bitcoin price is dropping hard. It is evident that PlusToken has caused a lot of damage. PlusToken is on the Radar of Chainalysis Not only did investors in this project lose...Read More
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar.The price is now trading near key support levels such as $120 and $122.There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).The price could start...Read More
It has been a very prominent year for the blockchain gaming industry. So much even that AMD is now ready to jump on this bandwagon. Earlier this week, it became clear that the blockchain gaming industry welcomed some new powerful partners. AMD Shifts its Attention to Blockchain Gaming AMD has joined the Blockchain Game Alliance...Read More
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China...Read More
One of the lead investigators at CipherBlade, Richard Sanders, alleges that the cryptocurrency exchange HitBTC is the “largest-scale criminally fraudulent entity” in the industry. According to Sanders, HitBTC is a “wolf in sheep’s clothing.” Though the firm portrays itself as “the most advanced” exchange in the market with high levels of security and liquidity, this...Read More
With Bitcoin collapsing by 5% in the past days, moving from $7,150 to $6,750 as of the time of writing this, traders have once again flipped decidedly bearish on cryptocurrencies.Related Reading: Could Post Crypto Bubble Bitcoin Follow Dot Com Crash NASDAQ Chart?They fear that this latest move under the key support of $7,000 will precede...Read More
