Month: June 2019

Based on a recent report, David Solomon, the Chief Executive Officer at Goldman Sachs has revealed that the firm plans to create its own digital currency like JP Morgan Chase, and the company is making enquiries on asset tokenisation and stablecoins like that. He said: “Assume that all major financial institutions around the world are looking at the potential of tokenisation, stablecoins and frictionless payments,” He further revealed that he believes that the direction of stablecoins and asset tokenisation is Read more …

Ethereum and the aggregated crypto markets surged yesterday just prior to Bitcoin incurring a sudden influx of selling pressure that sent the markets reeling down. Despite this, ETH is still in a clear uptrend, and improving fundamental conditions could help it surge higher. Additionally, Ethereum’s transaction volume is surging as of late, which may be one improving fundamental aspect of the cryptocurrency that could help incubate a possible “52-day bull market” that one analyst is anticipating. Ethereum Drops Below $300, Read more …

Ever since Bitcoin (BTC) began to rally in April, altcoins fell out of favor with most in the crypto community. No longer were people looking for the next winner, they were instead trying to determine where the leading crypto asset would top out. And top Bitcoin did earlier this week. After rallying by 20% in a single day — a daily gain not seen since early-April — BTC collapsed by over $3,000 in the following 36 hours, showing an uncharacteristic Read more …

Bitcoin and the aggregated crypto markets have been facing tremendous volatility over the past several days and weeks, with BTC oscillating between the $10,000 and $12,000 region, making relatively large moves between each of these two price regions. Now, the prominent analyst who predicted Bitcoin’s recent bull run is warning investors that Bitcoin may be forming a dangerous chart pattern that historically results in price breakdowns across different markets, and that a surge is needed to invalidate this possibility. Bitcoin Read more …

By many measures, the recent Bitcoin (BTC) bull run has just started. Despite being early on in this market cycle though, crypto investors have already begun to look ahead, speculating as to where certain digital assets will top out. Related Reading: Economist Flips From Bitcoin Skeptic to Savant, Acknowledges Crypto’s Staying Power Due to Bitcoin’s hegemony, most have focused their sights on the leading cryptocurrency, because as some see it, where BTC tops is where altcoins will. And according to Read more …

Mikhail Mironov of SMC Capital says weekend trading volumes for bitcoin and cryptocurrencies, in general, is indicative of growing retail trading especially from Asia. Chinese Retail Interest in Bitcoin on the Rise In an exclusive chat with Bitcoinist, SMC Capital partner, Mik Mironov, explains why he believes weekend cryptocurrency trading has exploded over the last month. First off, he points to a rise in Chinese retail interest in bitcoin as one of the leading catalysts for the recent boom. Mironov, Read more …

Overhead descending resistance forming on Bitcoin could develop a descending channel taking price levels down to $9,000 over the coming week. This would allow for sideways consolidation to take place around $9,000, which is a key historical psychological support/resistance level allowing volume to rush back into the Altcoin market. Bitcoin 4-Hour Chart On the Bitcoin 4hour chart we can begin to see a descending channel forming. This is not yet confirmed as there’s only 2 out of 3 needed points Read more …

Last week the pseudonymous developer who created the Crescent Cash wallet, Pokkst, announced the launch of a new tipping service called Tipbitcoin.cash. The tool gives anyone the ability to tip their favorite streamer on Twitch using bitcoin cash. Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque Meet the Bitcoin Cash Tipping App for Twitch — Tipbitcoin.cash Twitch, the live streaming video platform operated by Twitch Interactive, is an extremely popular website that has 2.2 million Read more …

Binance Coin (BNB) down 12.1 percent Libra coin may be available at Binance upon launch in 2020 The exit of US clients will shave Binance’s trading volumes. To counter that, they may end up listing Facebook’s Libra upon roll out.  Talks are in a preliminary stage. Meanwhile, BNB is down 12.1 percent from last week’s close. Binance Coin Price Analysis Fundamentals It may be the largest exchange by trading volumes, but that title is under threat. With the SEC firm Read more …

Bitcoin (BTC) down 6.8 percent Systemically stable, BTC prices will continue to fluctuate thanks to Nakamoto trade-off Price fluctuation is synonymous with Bitcoin. Drastic rise and falls of the tail end of this week differentiated the world’s most valuable asset from fiat. All the same, it is gradually morphing into a store of value and a settlement layer making it invaluable.  Even so, prices are susceptible and could slide to $9,500 or lower in days ahead. Bitcoin Price Analysis Fundamentals Read more …

According to a recent report, the total number of transactions carried out on the Ethereum (ETH) network has exceeded 1 million. This, therefore, makes it the first time the Ethereum network will be recording such since the last 1million+ transaction was recorded in May 2018. 1,004,170 Transactions Recorded A data compiled by Etherscan, a top Ethereum block explorer revealed that 1,004,170 transactions were registered on the Ethereum network on 28th of June 2019. The last time the network cross this Read more …

In a move that is expected to successfully merge Artificial Intelligence with blockchain technology for the benefit of the healthcare industry, blockchain-based healthcare platform — Solve.Care, has partnered with Cyber-Physical Chain (CPChain) a builder of IoT infrastructure. Bringing IoT Capabilities to Healthcare Their partnership will bring IoT capabilities to healthcare. As a result, data from wearable and non-wearable medical devices with administrative, medical, and other system data will be processed and transferred using blockchain. Solve.Care hopes to improved healthcare result for Read more …