Bitcoin’s birth and price surges have been marked by inflationary moves by the U.S. central bank, and 2020 should thus follow, PlanB argues. Bitcoin (BTC) price bull markets coincide with one specific macroeconomic trend — and the next may now be around the corner. In a Twitter debate on April 18, PlanB, the vocal analyst […]
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PlusToken is not behind the recent Bitcoin price crash, but as scam activity peaks amid the pandemic they may still affect the market. Bolstered by the new coronavirus pandemic, scams continue to be rampant in the cryptocurrency world. From malware to fake investment programs and even fake donations to health organizations, scammers are known for […]
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As Bitcoin consolidates in a tight $6,900 to $7,100 range three technical factors suggest BTC is vulnerable to a sharp correction. The Bitcoin price (BTC) has been consolidating in the $6,900 to $7,100 range throughout the past 36 hours, right below a heavy resistance level at $7,200. Typically, a large price movement occurs when BTC […]
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Cryptocurrency enthusiasts have found plenty of entertainment online as many countries enforce lockdowns to curb the spread of COVID-19. Nationwide lockdowns have become commonplace in a number of countries across the world as the global community tries to curb the spread of the novel coronavirus. For weeks on end, people have had to hunker down […]
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The premium on Grayscale Bitcoin Trust shares has dropped despite the recent recovery in the Bitcoin price. Is this a bearish sign? Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7.49 per share, a 15.81% premium of Bitcoin. GBTC is the first publicly quoted security “solely invested in and deriving value from” Bitcoin and […]
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After a 24-hour ban imposed by YouTube, two crypto-related channels were restored by the platform. Two new crypto-related channels were recently blocked by YouTube. Some creators are alleging that this is part of an ongoing campaign by the video platform against creators who publish cryptocurrency-related content. In less than 24 hours, however, the bans were […]
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Devs working on enterprise smart contract platform, Baseline, proposed blockchain-based solutions to coronavirus contact tracing. Developers working on Baseline, an enterprise smart contract and tokenization platform developed by Microsoft, Ernst & Young, and ConsenSys, are working to solve several flaws identified with Apple and Google’s proposal for coronavirus tracking initiatives. Google and Apple propose a […]
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Ethereum co-founder Charles Hoskinson believes Vitalik-centric approach hinders the development of the platform. Cointelegraph recently sat down for an interview with Ethereum (ETH) co-founder and Cardano (ADA) founder Charles Hoskinson. During the interview, he discussed his criticism of the development of the Ethereum platform. “His first project” Hoskinson believes that one of the main reasons […]
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Most major cryptocurrencies appear ready to start new uptrends after recently bouncing off strong support levels. Binance chief executive officer Changpeng Zhao said that trading activity across major crypto exchanges had increased between 3 to 5 times. This is a bullish sign as it “means there are a lot more people coming into the industry.” […]
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As the U.S. considers lifting coronavirus prevention measures, two more industry players weigh the event’s impact on Bitcoin’s price. Industry players said Bitcoin’s (BTC) price could be impacted once U.S. governing bodies lift COVID-19 prevention measures, such as stay-at-home orders and business closures. “When the world economies begin to recover and come back online […]
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