U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities. United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities. An Oct. 30 report from Proactive Investors revealed that the firm […]
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Ethereum-based decentralized stablecoin DAI is now spendable where Visa cards are accepted and Tether sees more use by e-commerce organizations. Ethereum-based decentralized stablecoin DAI is now spendable where VISA cards are accepted and leading stablecoin Tether (USDT) is seeing increasing use by e-commerce organizations. DAI now usable in E.U. stores According to a press release […]
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After last week’s volatility, traders could be anticipating that the crypto market will consolidate the gains before starting next move up. The seesaw price action over the past week has lightened up the crypto space once again. While the aggressive bulls view the sharp upside move as a bottoming signal, the bears consider the rise […]
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Updated Bitcoin stock-to-flow model with deviation bands shows a few interesting patterns surrounding previous BTC halvings. Since Bitcoin’s (BTC) creation in 2009, the digital asset has undergone a halving event every four years, cutting the number of coins constantly entering the ecosystem in half, making it a deflationary asset. Based on its hard-coded scarcity, and […]
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After a weekend of upward momentum during which markets hit as high as $10,500, Bitcoin retraced some of its progress but managed to retain most of its gains. Bitcoin (BTC) held above $9,000 on Oct. 28 as a weekend of bullish madness continued to captivate markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price mulls […]
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Even Bitcoin is getting an endorsement in an official app in China as local media claims platforms are removing anti-blockchain content. China is rapidly adopting a pro-blockchain stance following news it would bring in a so-called “crypto law” in January next year. China: Blockchain must be legitimate In a sign of China’s abrupt official about-turn […]
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Will Bitcoin Soar to $16k in the next 4 days? Bitcoin price (BTC) has been a popular topic this week. After the monstrous run from $7,400 to over $10,500 on Oct. 25, it certainly looks as if last week’s article indicating the early stages of a bullish reversal came to fruition. Weekly crypto market performance. […]
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The reversal in the price of Bitcoin and other cryptocurrencies in the past week points to a likely bottom formation and a change in sentiment to buy the dips. Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible […]
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China is reportedly looking into the application of blockchain to cross-border financing, with particular attention devoted to risk management applications. China is looking into the application of blockchain and Artificial Intelligence (AI) to cross-border financing, Reuters reports on Oct. 27. Blockchain in risk management Lu Lei, the deputy head of the Chinese regulator State Administration […]
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Ether flipped bullish, gaining 24% as Bitcoin rallied 42% on Oct. 25. The altcoin now aims for $200. On Oct. 25 Bitcoin (BTC) unexpectedly gained 42%, one of the largest daily gains witnessed since 2011. A number of altcoins benefitted from this startling upside move and Ether (ETH) rallied 24.23% alongside Bitcon. Daily crypto market […]
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