49,400 BTC is set for expiry in what could already be setting the scene for continued Bitcoin price pressure, data suggests. Bitcoin (BTC) has fallen 4% in the past 24 hours, but its losses may be down to an old culprit which has already sparked market volatility and selling pressure. According to data from online […]
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Bitcoin bulls continue to charge toward $7,000 but resistance at $6,970 and the possibility of a rising wedge breakdown are weighing on momentum. On Wednesday Bitcoin (BTC) price surged higher alongside traditional markets which were likely propelled by the Senate’s approval of the $2 trillion economic stimulus bill aimed at providing relief to businesses and […]
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Forte Labs, a known partner of Ripple’s ecosystem project Xpring, has joined new big game developers like Hi-Rez Studios and Netmarble. Amid the increasing adoption of blockchain technology in the gaming industry, some of the world’s biggest game developers like South Korean Netmarble are partnering with blockchain gaming startup Forte Labs to streamline blockchain-powered game […]
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Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context. The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies. Over the past few years, blockchain has replaced cryptocurrency as the “it” […]
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Bitcoin price is holding the $5,800-$5,900 support but plunging Dow and S&P 500 futures could lead Bitcoin price to revisit prices below $4,000. After failing to gain above the $6,400 resistance on March 22, Bitcoin (BTC) bulls spent the remainder of the day struggling to bring the digital asset back above $6,000. At the time […]
Continue ReadingAs Bitcoin price recovers from Black Thursday, is the worse behind us? Or is there more pain ahead as the global economy comes to grips with the coronavirus? Bitcoin (BTC) price has started to show strength in its recovery since the black Thursday selloff this past week, but is this something we can expect to […]
Continue ReadingIn an exclusive interview with CT, a senior member of the Japanese government discusses the urgent need to implement a digital yen. Even amid the financial turmoil caused by the coronavirus outbreak, countries are continuing to consider the adoption of a central bank digital currency (CBDC). In an exclusive interview with Cointelegraph Japan, Kozo Yamamoto, […]
Continue ReadingThe first MakerDAO debt auction is underway, and is expected to last anywhere between six and 72 hours. MakerDAO hopes to fill the multi-million dollar gap in the collateral backing its DAI stablecoin following last week’s Ethereum market volatility, as Cointelegraph reported. Today the organization successfully launched its first debt auction to that end. The […]
Continue ReadingFor a change, Bitcoin price held steady at $5.3K as equities markets dropped to 2017 levels over continued fears of the Coronavirus and its economic impact. Yesterday was another abysmal day for the S&P 500 and Dow as both markets dropped 5.18% and 6.30%, nearly erasing the entirety of the gains each market accrued since […]
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Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
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