Bitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility. Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to […]
Continue ReadingA blockchain game adopts a play-to-earn model that lets users receive fiat for virtual property transactions. As the world discovers more ways to implement blockchain technology, the billion-dollar gaming industry is leveraging the technology to bring transparency, trust and ownership of digital assets to players. A new vision for blockchain games is emerging — one […]
Continue ReadingA global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking. The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and economic policy, announced the launch of its Digital Monetary Institute […]
Continue ReadingThe price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed. Since May 20 Bitcoin (BTC) price has dropped nearly 10%, shifting traders’ focus from taking out the $10K resistance to now holding above the all-important $8,800 support. The short-term bearish trend took hold after the […]
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Wright has denied moving 50 Bitcoin from one of the ‘Satoshi’ accounts he claimed in court as his own, leaving him in a legal quandary. Bitcoin’s SV’s billionaire benefactor Calvin Ayre revealed Satoshi claimant Craig Wright has denied moving 50 BTC from a long-dormant address thought by some to belong to the Bitcoin founder. On […]
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Bitcoin volatility and volumes are cooling off post-halving while a break in either direction could open the door to new market cycles. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been hovering below the psychological barrier of $10,000. The halving didn’t give the market what they expected as the majority was […]
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As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500. Bitcoin (BTC) is starting the second week of its fourth halving cycle clinging to $9,500, but what factors are weighing on the largest cryptocurrency this week? Fundamentals adapt to halving The start of a new week has […]
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Bitcoin price is holding below $10,000 after the halving as the bullish and bearish scenarios are starting to take shape. The halving is over, which means that the hype and FOMO around the halving are slowly fainting away. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, rallied towards $10,000 pre-halving, but also […]
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Public blockchains came under the attack of Salesforce exec, and EY and VeChain stepped up to explain how businesses are using them. The question of whether enterprises should use public or private blockchains for business has become extremely relevant today. A recent report from Fortune Business Insights predicted that the blockchain market will reach $21 […]
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The price of Bitcoin risks a continued downtrend as five metrics indicate higher chances of a short-term long squeeze. Bitcoin (BTC) sellers are pinning their hopes on continuing to see sub-$10,000 prices in the aftermath of the halving based on five key futures market metrics. The five measures are open interest, funding, long and shorts […]
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