June 11, 2020

ETH Looks For Support at $225 Following a 7% Plunge. Ethereum Price Analysis

Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230. The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far. Against Bitcoin, Ethereum struggles at the 0.025 BTC level. Key Support & Resistance Levels ETH/USD: Support:...
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China Freezes Thousands of Bank Accounts Tied to OTC Crypto Trading

China will always remain a controversial country when it comes to handling cryptocurrencies. This is primarily due to all of the illicit activities taking place within its borders.  In a new crackdown against illegal crypto money streams, the Chinese government has taken a different approach. China Targets Crypto Bank Accounts Rather than collecting data for...
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President Trump’s Head of OCC Is Bullish on Bitcoin and Blockchain

Brian Brooks, the former chief legal officer of Coinbase, was recently appointed to serve as the interim head at the Office of the Comptroller of the Currency (OCC) in the Trump administration. Brooks has shown openness to exploit the merits of blockchain and cryptocurrency at his new position, according to a recent interview. Trump’s Head...
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Maker (MKR) is now available on Coinbase

Starting today, Coinbase supports Maker (MKR) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR. MKR will be available in all Coinbase-supported regions, with the exception of New York State. Maker (MKR) Maker is an ERC20 token that describes itself as “a utility...
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Dow Jones And Bitcoin Price Tumble 5% Amid COVID-19 Fears

Global stock markets are tumbling today as fears of a second coronavirus (COVID-19) wave grow stronger. Reports have it that there’s a rising trend of new cases in the US and across the world, and this has evidently taken its toll on the economy as well. Equities Tumble Amid Fears of Coronavirus Reignition The World...
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Microsoft Launches a Beta of Its Identity System On a Second-Layer Bitcoin Solution

The American multinational technology company Microsoft Corp. has launched a beta version of its open-source, decentralized identifiers (DIDs) network on Bitcoin’s mainnet. Called ION, it’s designed to bring back the control of personal information from centralized entities to individuals. Microsoft’s DID Employs Bitcoin’s Network The tech giant explained its decentralized identifiers as a technical component...
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Bytecoin Price Prediction 202-: Will BCN Price Surge or Crash?

Bytecoin is known for its own qualities. And in fact, while bitcoin might be well known and popular, its network is not the fastest nor the most secure! Bytecoin fixes these shortcomings. Among the cryptocurrencies with tangible business propositions, market traction and ready products, Bytecoin takes top priority.  This Bytecoin price prediction will take you...
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ProfitFarmers Review 2020 – A Fully Automated Crypto Trading Tool

In this review, we’ll take a closer look at one of the newest and most interesting automated crypto trading tools called ProfitFarmers. Becoming a crypto trader can truly be lucrative but, spotting valuable trades can be difficult if you don’t know how to use the market indicators properly. This is one of the biggest reasons...
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Overstock’s Share Price Surges As Crypto Subsidiary tZERO Records Its Best Month

The popular blockchain company for capital markets, tZERO, has recorded its strongest month in May 2020 as its alternative trading system (ATS) transacted over 400,000 digital securities. Interestingly, the stock price of the parent company Overstock has increased with over 9% since the announcement from tZERO. tZERO Continues Growing Overstock announced last month that it...
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A Second Ethereum Transaction With $2.6 Million Fee From The Same Address Just Took Place

Yesterday, an unusual transaction grabbed the community’s attention as someone paid 10,668 ETH (over $2.6 million) in fees, while the value it transmitted was only 0.55 ETH. Today, another transaction originating from the same wallet carried 350 ETH, and the fee was again – 10,668 ETH. The mining group that mined the block has urged...
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Bitcoin Price Analysis: Another Failed Attempt At $10K, But Will BTC Finally Break-Up Today?

Quick recap: since May 7, 2020, which was a few days before the recent halving event, Bitcoin had been trying to breach the $10,000 benchmark level for several times. All of those ended up as failed attempts. The most serious attempt took place during the first day of June, as Bitcoin surged to the 2020...
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Bitcoin (BTC) $ 97,663.17 1.25%
Ethereum (ETH) $ 3,398.79 2.17%
Tether (USDT) $ 1.00 0.03%
Solana (SOL) $ 254.11 0.71%
BNB (BNB) $ 651.14 2.95%
XRP (XRP) $ 1.47 1.27%
Dogecoin (DOGE) $ 0.431452 5.21%
USDC (USDC) $ 1.00 0.02%
Cardano (ADA) $ 1.07 7.30%
Lido Staked Ether (STETH) $ 3,398.52 2.17%