With Chinese President Xi Jinping recently showcasing support for blockchain, local media is seemingly changing its sentiment toward crypto. Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.” This latest endorsement […]
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A slow losing streak continues to impact markets as Bitcoin shows little sign of bullish potential, still failing to overcome $9,000 resistance. Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin trends downwards at $8.6K Data from […]
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Lisk CEO Max Kordek says there’s no free lunch with blockchain. Blockshow Asia 2019 hosted some big names today for a panel on blockchain scalability. All the speakers agreed: people have to choose between scalability and decentralization. The panel included Max Kordek, CEO at Lisk; Matthew Tran, founder of Etherscan; Saranya Sriram, technical lead at […]
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eToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins. EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now […]
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The venture capital mogul highlighted the role of payment processors in helping boost Bitcoin price, which could reach millions of dollars. Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast. Speaking during a Q&A session at the Malta AI & Blockchain Summit last week, […]
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Huobi Chain on schedule for Q2 2020 mainnet launch, encouraging regulators to participate in the innovation of financial services. Cryptocurrency exchange Huobi has open-sourced the development of its Huobi Chain blockchain, the company has confirmed. In a press release shared with Cointelegraph on Nov. 12, Huobi said that Huobi Chain, which it unveiled in June, […]
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The Abra crypto investment app is reportedly adding 60 new cryptocurrencies to its platform, effectively trebling the number of supported tokens. California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest. According to CoinDesk on Nov. 12, the increasingly widespread payment gateway is planning to […]
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The latest dip below $9,000 has traders turning bearish once again, but a closer look at some key on-chain metrics paints a bullish picture for BTC price. Bitcoin price (BTC) has taken a bearish course, leading some analysts to call for a drop to $8,300 and a few even suggest $7,100 is where the digital […]
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Bitcoin bears take back control as the short-lived weekend pump fails to crack heavy resistance and BTC falls to $8,700 and likely falling lower in the coming days. Bitcoin price (BTC) fell almost 5% on Monday morning, finding lows of $8,593, completely reversing the weekend recovery back above the $9,000 handle and below the lows […]
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While the latest drop in Bitcoin price below $9,000 should not be a cause for concern when zoomed out, certain key levels must hold to renew bullish sentiment. On Nov. 8, Bitcoin corrected from $9,200 to $8,650, causing the market sentiment to shift from greed to fear once more. The correction came after one of […]
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