Bitcoin’s pre-programmed scarcity is one of its most impressive qualities. It’s the world’s first truly scarce digital object. The implications of that are considerable, to say the least. To put thins in perspective, given the current population of the world, there is 1 Bitcoin for every 333 people out there. Digital Scarcity One of the...Read More
While Bitcoin continues to remain indecisive, BSV rallied 15.22% to stay above $300 Bitcoin SV signals bullish with triangle breakout across its trading pair. Key Support Levels: $423, $458 Key Resistance Levels: $288, $236 BSV/USD: Following Latest Triangle Break, Bitcoin SV Is Poised For A Huge Gain BSV/USD. Source: TradingView In early January, Bitcoin SV...Read More
The Bitcoin Halving will take place in May, and its impact raises several valid questions. One of them concerns miners since the block reward will be cut in half, and the hash rate continues accelerating. New research by a popular provider of institutional trading tools indicates that Bitcoin’s price has to increase with up to...Read More
Coin staking is becoming very popular among cryptocurrency investors. One of the reasons for that is because it allows holders to earn passively. Amid stacking pools and wallets, more and more exchanges are jumping on the staking bandwagon as well. The increased interest was recently exemplified in a recent Binance Research report, showing that the...Read More
CoinCodex Review QUICK NAVIGATION : What is CoinCodex? CoinCodex is the largest cryptocurrency market coverage with real-time coin prices and charts. It also manages the cryptocurrency market capitalization featuring more than 5600 coins on over 200 exchanges. Moreover, it helps to keep information about the upcoming tokens via their ICO calendar. Coincodex is founded in...Read More
The cryptocurrency market shows no signs of slowing down so far in 2020. After charting one of the most impressive performances in January, Bitcoin continues its rally in the first week of February as well. In the past seven days, the cryptocurrency increased by about 5.5%, claiming essential resistance levels on the way up. Currently...Read More
The Australian government is taking significant steps in adopting blockchain in its daily operations. Earlier today, the country released its “National Blockchain Roadmap” to improve the nation’s productivity in different sectors. Australia Published Blockchain Roadmap Less than a year ago, the federal executive Government of Australia (the Morrison Government), announced that it will develop a...Read More
Two of the largest multinational investment banks in the world, Goldman Sachs and Citigroup, recently conducted a successful transaction utilizing the blockchain technology. Both giants made the first of its kind equity swap, but 13 more are waiting to be fulfilled, as well. Equity Swap On Blockchain As reported by Forbes, Citigroup and Goldman Sachs...Read More
Chainlink surged 13.48% to reach $3.26 as buyers remain trapped in a channel. If buying volume continues to increase, the bullish scenario might last for a while. Against Bitcoin, Link signals long-term bullish move after witnessing a bull flag breakout. LINK/USD: Chainlink Awaiting Next Move Following 13.48% Surge Key Resistance Levels: $3.75, $4.55 Key Support...Read More
The world’s leading cryptocurrency exchange has just announced its intentions to launch the BNB/USDT perpetual contract. This will essentially enable users to short BNB. Up until now, they only had the option to trade BNB on the regular spot exchange. Short BNB With 50X Leverage In what seems to be a very interesting move, Binance...Read More
Bitcoin Bitcoin saw a 5% price rise over the past 7 days of trading as the cryptocurrency rebounds from support at $9,145 to meet resistance at around $9,815. With the 30-day 21% bullish surge, Bitcoin can be expected to break $10,000 pretty soon. Other cryptocurrencies are outpacing Bitcoin. However, this does not mean it cannot...Read More
Singapore-based blockchain startup Clear just raised $13 million in a Series A round of venture funding. Multinational financial services giant Fidelity facilitated the fundraise. Specifically, its investment arm, Eight Roads (formerly Fidelity Ventures), led the round. It makes sense that Clear went with Fidelity to help it raise venture capital. “Eight Roads is the investment...Read More
Binance Coin saw a sharp increase of 9.8% over the past 24 hours as the coin rises to $21.50. Against Bitcoin, BNB has also increased to create a fresh 2 month high at 0.00219 BTC. Binance Coin has now climbed back into the top 10 ranked projects as it sits in the 9th position with...Read More
According to a popular Decentralized Finance (DeFi) monitoring resource, the value that’s already locked in the space totals over $1 billion. Interestingly enough, almost 60% of the market is currently overtaken by the Maker project. The majority of the money is also locked in lending solutions. Value Locked In DeFi Upwards Of $1 Billion According...Read More
SEC Commissioner Hester Peirce has publicly announced her proposal for a safe harbor for cryptocurrency token sales within the United States. Often referred to as “Crypto Mom”, Hester Peirce was first appointed to the U.S. Securities and Exchange Commission in early 2018 and has been a strong advocate for crypto ever since. And while this...Read More
One of the most heavily commented meetings in the cryptocurrency community finally took place. According to a recent report, Tron CEO Justin Sun had dinner with the legendary American investor – Warren Buffett, where they discussed digital assets and blockchain technology. Justin Sun Meets Warren Buffett In the summer of 2019, one of the hottest...Read More
With 4.08% growth under 24-hours, Tezos remains the 12th largest cryptocurrency by market cap. Tezos is stuck under 24000SAT level as buyers appeared weak against Bitcoin. Notwithstanding, XTZ is technically bullish across trading pairs. Key Resistance Levels: $2.3, $2.5 Key Support Levels: $2.05, $1.90 General Overview Since our previous price analysis, XTZ surged to reach...Read More
The Iowa Caucuses this year were an absolute catastrophe. The New York Times called it “a systemwide disaster.” The Politico hailed “The Death of Iowa” (as the first-in-the-nation nominating event). CNN said, “The Iowa caucuses just died forever.” Their credibility is undoubtedly in question. But it wasn’t the people of Iowa who failed. A buggy...Read More
Binance completed its latest Initial Exchange Offering (IEO) recently, and it brought faith back to those who invest. Even though there have been talks that IEOs are virtually dead because of the low returns that the last few of them brought, WazirX’s sale seems to have turned things around once again. WazirX Soars Over 600%...Read More
Japan is seemingly following the footsteps of China to ensure that they are not left out in the race for government-backed cryptocurrencies. The country’s lawmakers will reportedly release drafted proposals tomorrow (Friday) for the creation of their own central bank digital currency (CBDC). Countering China’s Digital Yaun Japan initially became interested in issuing a digital...Read More
Ethereum increased by 7.8% today, bringing the price for the cryptocurrency to $212. It managed to break above an ascending price channel against Bitcoin to reach 0.0218 BTC. The latest surge has increased the market cap to almost reach $23 billion. Key Support & Resistance Levels ETH/USDSupport: $200, $193.50, $185.Resistance: $212, $225.30, $235.15.ETH/BTC:Support: 0.021 BTC,...Read More
The U.S. Federal Reserve is experimenting with blockchain technology to establish potential use cases for a central bank digital currency (CBDC). Fed’s Governor Lael Brainard said this in a recent speech, but she also noted that risks still exist, and they have to be addressed before launching a digital currency. The U.S. Contemplating A CBDC...Read More
Two days ago, our latest edition of Bitcoin price analysis had the promising title – “The calm before the storm.” Yesterday we saw what a Bitcoin storm looks like: After recording a daily low at $9142 (Bitstamp), the coin had massively broken out from our mentioned Bull-Flag (at ~$9200), and from there, we witnessed the...Read More
Bitcoin has marked yet another particularly turbulent day of trading, charting increases of up to 7% in the past 24 hours. This caused the cryptocurrency to spike to a new high for 2020, lining up the question if $10,000 is the next target. Bitcoin Price Skyrockets 7% On The Day If one thing is certain...Read More
The owner of Bakkt, the Intercontinental Exchange (ICE), has agreed to acquire a leading provider of loyalty solutions for both consumers and merchants. Following the completion of the transaction, Bakkt intends to integrate it to its platform, thus expanding the services that it will provide to its clients. ICE To Acquire Bridge2 Solutions According to...Read More
Tron dropped to 15th on the market cap spot but now showing strength with 5.68% gains The key breakout level for Tron lies at $0.022 resistance against the US Dollar TRX buyers show interest after remaining indecisive for about six days Major Resistance Levels: $0.022, $0.030 Major Support Levels: $0.018, $0.016 General Sentiment For the...Read More
Samsung Venture Investment Corp (Samsung) and Salesforce Ventures, recently participated in a Series C funding round for a blockchain company called Digital Asset Holding. This is its second funding round in two months, each raising $35 million. Samsung And Salesforce Invest In Digital Asset Digital Asset, the creators of the smart contract modeling language, DAML,...Read More
Most of the altcoins are trading in the green over the past 24 hours. Bitcoin, on the other hand, remains somewhat stagnant at around $9,200. Consequently, BTC’s dominance dropped to 64.5%, which is the lowest it has been since July 2019. Altcoins Compared To Bitcoin. Source: coin360.com The sentiment within the community is shifting quickly,...Read More
XRP witnessed a 10.7% surge in price over the past 24 hours as it breaks above the 200-days EMA to reach $0.277. XRP climbed above the 100-days EM, finding resistance at 3000 SAT against Bitcoin. The latest price hike could be attributed to BitMEX adding the XRP/USD perpetual contract to their platform. Key Support &...Read More
As of yesterday, February 4th, 2020, a multi-billion-dollar turn of events has just taken place in the international headlines. According to a recent post by the Wall Street Journal, Intercontinental Exchange Inc. (ICE), the owner of the New York Stock Exchange (NYSE) and Bitcoin futures trading platform Bakkt, has approached eBay with a purchase offer,...Read More
