ConsenSys’s grants scheme continues a commitment to fund Ethereum innovation throughout 2019 and is now in its third round. Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding. ConsenSys recognizes “more unique ideas” Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of […]
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On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The […]
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Well-known startup accelerator Techstars says that it was “necessary” to halt a joint program with Steven Nerayoff’s firm Alchemist. Startup accelerator Techstars has cancelled its year-old partnership with the firm owned by early Ethereum advisor Steven Nerayoff. Techstars ditches the joint accelerator According to cryptocurrency news outlet The Block on Oct. 8, Nerayoff’s arrest on […]
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Bitcoin Price Continues to Fall as $7,120 Looks like Critical Support to Stave off Bear Market 2.0 This week isn’t looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6. This continued decline was anticipated in last week’s analysis, […]
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Majority of Bitcoin gains come in the “ten best days” each year, says Fundstrat Global Advisors co-founder Tom Lee. Fundstrat co-founder Thomas Lee tweeted a timely reminder against panic-selling on Sept. 28, reminding that the majority of Bitcoin (BTC) gains come in the ten best trading days of the year. In fact, excluding these ten […]
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Bitcoin price continues to implode as bulls loose hold of multiple price supports and crypto trading halts on the arrival of China’s Golden Week holiday. Last week was a tough week for Bitcoin (BTC) as sentiment shifted from bullish to bearish after the price fell from just under $10,000 to below $8,000 in a matter […]
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Investors are asking: “Why do I need to invest in a crypto hedge fund? How are they different from each other?” The explosive growth of crypto funds is a compelling story, especially when you consider that the concept has only been around for six years. Today, crypto funds have become the engine powering the thriving […]
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Facebook hires lobbyists as Zuckerberg dines with lawmakers to try to get Libra across the regulatory line. When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent […]
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Is the current fall the start of a new bear market or is this a bear trap? Let’s analyze the charts. The total cryptocurrency market capitalization had repeatedly taken support close to the $250 billion mark since mid-July of this year. However, the recent collapse in crypto markets led by Bitcoin (BTC) has broken the […]
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Bitcoin price has lost about 16% in the past few days but the overall macro trend remains bullish on multiple timeframes, technical analysis shows. Bitcoin price made a strong downside move yesterday, dropping nearly 16% from the daily open at $9,691 to a new local low at $8,164. In doing so, price broke strong support […]
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