Bitcoin (BTC) hasn’t done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s.Despite this, sentiment has been rather bearish, with a confluence of prominent technical analysts recently remarking...Read More
Hundreds of organizations are looking to use blockchain technology. Even the United Nations may be added to this list in the very near future. Even for the UN, embracing new technologies is crucial in 2019 and beyond. The United Nations and Blockchain Technology According to United Nations secretary-general Antonio Guterres, it is merely a matter...Read More
At the turn of the month, analysts were quick to check Bitcoin’s charts, checking if any of their indicators signaled that bears remained in control of the cryptocurrency market. Unfortunately for bulls, indicators did.Per previous reports from NewsBTC, November’s monthly candle close resulted in the Moving Average Convergence Divergence (MACD) — which is a “trend-following...Read More
Real-world use cases for blockchain technology are not easy to come by. The Football Association, together with AlphaWallet, aims to change that narrative. Both institutions will experiment with blockchain technology to sell football tickets. Blockchain Tokenization for Sport Event Tickets More specifically, tickets for next year’s European soccer championship. It is believed that up to...Read More
Since Bitcoin (BTC) started to collapse in July following the multi-month rally from $3,100 to $14,000, investors have been wondering if the cryptocurrency remains in a bull market. According to a prominent on-chain analyst and cryptocurrency fund manager, yes, Bitcoin remains in the midst of a bull market.Related Reading: Prominent Gold Bull Thinks the Next Recession...Read More
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover, after the Cloud Token arrests in China, police in...Read More
