Bitcoin consolidates in a rectangle on the hourly chart. The No.1 coin awaits a fresh catalyst amid Easter lull. Path of resistance still appears to the downside. Bitcoin (BTC/USD), the most dominant digital asset, has failed another attempt to sustain above the 6900 levels so far this Easter Sunday. The price turned south, thereafter, no…
This week’s headlines from Japan included GMO Coin unveiling Basic Attention Token (BAT) lending, Nitori using blockchain for furniture logistics, blockchain solution outfit, Ginco, receiving funding from DBJ Capital, Japan’s stay at home order impacting crypto businesses, and a representative from the Japan Restoration Association questioning crypto taxes. Check out some of this week’s crypto…
/ 11 Apr 2020 Anyone watching the news over the last few weeks would be forgiven for thinking we’re right in the middle of some kind of apocalyptic nightmare. Every single news channel … / 10 Apr 2020 A new credit line worth several hundred billion euros (potential) has been approved last night, along with…
With Bitcoin’s halving arriving next month on May 11, 2020, the expectation across the world of crypto has long been that the valuation of the first-ever cryptocurrency would skyrocket, but last month’s catastrophic selloff has some questioning the theory. However, according to historical data, Bitcoin price is currently on pace with where the crypto asset…
After Google and Apple made a declaration about teaming up together to help the health officials slow down the spread of the COVID-19, there have been a lot of opinions coming up about the partnership. Muneeb Ali, the CEO and CO-Founder of – Blockstack PBC recently took over twitter to talk about his views on…
The economic impact from the COVID-19 outbreak is even hitting crypto scammers, forensics firm Chainalysis found. Research out Friday shows profit made through cryptocurrency scams has dropped considerably since the start of the year. On a seven-day moving average, revenue earned by scammers plummeted from $800,000 worth of crypto in the middle of January to…
Ethereum and the aggregated cryptocurrency market saw a sharp overnight decline that came about after Bitcoin lost the support that had been established at $7,000. This plunge has caused ETH to underperform BTC and many other altcoins, with its bulls currently attempting to establish support. Presently, Ethereum is pushing up against a massive buy wall…
Although Bitcoin has stalled dramatically since February’s $10,500 peak, data shows that large cryptocurrency investors have been unfazed. So unfazed, in fact, that they’ve begun to accumulate more and more BTC, stacking coins in seeming preparation for a bull run. Data shared by crypto analytics provider Glassnode on Apr. 9 indicates that the number of…
/ 10 Apr 2020 A new credit line worth several hundred billion euros (potential) has been approved last night, along with new pledges for a more relaxed attitude toward fiscal injections in the EU … / 10 Apr 2020 Several Bank of America executives discussed the future of digital payments, confirming the bank’s partnership with…
After March’s 50% crash, there are many reasons to be bearish on Bitcoin. As seen by the recent decrease in the crypto market’s liquidity and some traders publicly throwing in the towel, the crash forced many to abandon the space. But, according to a prominent macro investor, a trend is transpiring that “could not be…
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