The CFTC has pushed for a default ruling after failing to locate the alleged director of a $147 million crypto Ponzi scheme. The United States Commodity Futures Trading Commission (CFTC) has requested that the alleged founder of the crypto $147 million Ponzi scheme Control-Finance be declared a default. On April 3, the CFTC filed for […]
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Lackluster price growth has not impacted overall bullish short-term potential, says Vays, who is eyeing gains this month. Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week. Cryptocurrency market daily overview. Source: Coin360 Vays: I’ll buy BTC at $6,400 Data from Coin360 […]
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The recent price trend of Bitcoin indicates an Elliot Wave pattern forming, which traders say could result in a major correction. The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining […]
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EU agency Eurofound laid out several benefits of blockchain in its recent report on digitization. The European Union, or EU, mentioned blockchain technology as part of social services digitization efforts to keep Europe up to speed with the changing times. “As in the case of the services sector, the use of blockchain technology is in […]
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Blockchain-based digital identity is becoming mainstream with banks, financial organizations rise to the adoption challenge. Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is expected to have reached about $37 Million by the end […]
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Bitcoin has seen strong gains since the coronavirus triggered sell-off occurred in mid-March but the drop may bring unexpected changes to the mining industry. This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way […]
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Binance, the world’s largest crypto exchange, has announced 100 new hires despite the ongoing economic downturn. While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the […]
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AAX exchange CEO Thor Chan thinks crypto markets will do well, despite recent and current uncertainty. As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok. “During a period of intense panic, many investors fled the markets in search of […]
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Bitcoin price could see a rally to $8,000 following the breakout to $7,000, but a potential selloff in stocks could put BTC at risk of revisiting new lows. The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the […]
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The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does […]
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