A fresh breakout by Bitcoin Monday may yet prove temporary as a Cointelegraph Market analyst warns of major downside potential. Bitcoin (BTC) finally retook $7,000 on April 6 after days of posturing culminated in a sudden surge as the new week began. Cryptocurrency market daily overview. Source: Coin360 BTC price exits $6K… again Data from […]
Continue Reading
Experts believe that Binance’s acquisition of CoinMarketCap is a sign that the crypto industry is dealing with the ongoing market collapse well. Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. […]
Continue ReadingMarubeni unveiled blockchain steel pipe tracing tests, multiple exchanges added leverage trading, and more headlined news from Japan this past week. This week’s headlines from Japan included Bitbank adding smartphone compatibility for identity verification, Fobi Japan announcing leverage trading, Coincheck announcing order limits, Rakuten Wallet announcing margin trading, and product trading company Marubeni testing blockchain […]
Continue Reading
Decentralized finance, commonly referred to as DeFi, has changed dramatically in a short time span, and more changes are to come this year. Newcomers to decentralized finance, or DeFi, would be hard-pressed to believe how much the industry has grown, changed and matured in just over a year. At the end of 2018, Maker returned […]
Continue Reading
China, tax moves and liquidity squeeze may have served to present a lethal combination, suggests Gabor Gurbacs, as Bitcoin circles $7,000. Bitcoin (BTC) price’s decline has come as a result of geopolitical and financial factors, a senior investment executive has suggested. In a tweet on Nov. 25, Gabor Gurbacs, digital asset director at investment management […]
Continue Reading
Bitcoin struggles against resistance at the 0.5 Fibonacci level after a brisk bounce off its 50-day moving average as support. Is a drop to $8,000 next? Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been […]
Continue Reading
Several major cryptocurrencies are showing signs of a possible trend reversal. If the bounce sustains, many could become optimal buying opportunities. The global economy is on weak footing. This has led to rate cuts by several central banks across the world and many are planning to implement additional measures to support their respective economies. This […]
Continue Reading
Before humanity’s era of cryptocurrencies begins, let’s take a look at the challenges facing the technology that stands behind them all. The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial […]
Continue Reading
Bitcoin is poised to benefit from the economic havoc and political implications of a possible no-deal Brexit, analysts argue. With Britain reeling from a parliamentary showdown aimed at thwarting the government’s threat to pull the country out of Europe in a no-deal Brexit, Bitcoin (BTC) is relatively stable as compared with the British pound sterling. […]
Continue Reading
Bitcoin has broken the $13,000 price mark, with some of the top-20 cryptocurrencies showing double-digit gains on the day. Wednesday, June 26 — Bitcoin (BTC) has broken the $13,000 price mark, and many of the top-20 cryptocurrencies showing double-digit gains on the day, according to Coin360. Market visualization courtesy of Coin360 BTC broke the $12,000 […]
Continue Reading