This weekend sees over 200,000 people enjoying the sun at Glastonbury contemporary arts festival in the UK. But has Bitcoin been in the party spirit this week?… Or has something rained on our parade? Bitcoin Price Has Had A Wild Ride So Bitcoin price looks like ending the week with a gain of around $1,500. But there will be many who are disappointed with this outcome, as mid-week it looked like it could be so much more. After last weekend’s Read more …
All eyes have been on bitcoin recently as markets move into a consolidation phase following a flash crash last Thursday. What may have gone unnoticed is the issuance of more USDT as Tether market capitalization continues to crank higher. $100 Million USDT Added Since Friday Tether’s market capitalization has been slowly increasing. Since Friday a further $100 million has been added to it taking the total now to $3.6 billion. The movements have not gone unnoticed by some industry observers. Read more …
All eyes have been on Bitcoin since its peak on Thursday. Many have been expecting a wider correction which so far has failed to materialize. As BTC consolidates today, some of its siblings have started taking off and Litecoin is leading the pack during weekend trading. Litecoin Surges 15% on Sunday Weekend trading has been pretty weak for most of the altcoins. Very few of them have made more than a couple of percent back from their double digit dumps Read more …
The long-awaited Bitcoin price correction has failed to materialize yet again as the king of crypto has held on to gains over the weekend. Consolidation around $12000 appears to be forming and the uptrend is still clearly very strong. Bitcoin Price Back Above $12000 Over the past 24 hours BTC has been slowly grinding higher adding almost 5% on the day. From around $11,500 yesterday Bitcoin price has ticked up over the $12000 barrier to settle at around 00 during Read more …
After a nasty upward move, bitcoin price corrected below $12,000 against the US Dollar. The price towards the $10,400 support and recently started a fresh increase above $11,500. There is a major contracting triangle forming with resistance near $12,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break to the upside above the $12,400, $12,500 and $12,800 resistance levels. Bitcoin price is showing a lot of positive signs above $11,600 against Read more …
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies and global policymakers to ensure the industry’s best interests are understood and valued at an international level. Also read: G20 Policymakers to Discuss Regulations Proposed by Crypto Industry V20’s Commitment The Read more …
ETH price completed a downside correction near the key $275 support area against the US Dollar. Bitcoin price is back above the $12,000 level and is signaling a strong bullish momentum. There is a key ascending channel in place with support near $310 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher and it could even surpass the main $340 resistance area. Ethereum price is slowly moving back in a positive zone Read more …
A week or two back, I got an unsolicited message on Twitter, Crypto Twitter if you will. When the private message opened, I was greeted by a note from GRAY®, a Singapore-based company focused on luxury-centric hardware. To my surprise, their chief executive, Kevin Wu, was offering to send me one of their latest products — The Corazon Titanium, their play on cryptocurrency hardware that took heavy inspiration from the Trezor Model T, one of the top security solutions for Read more …
Based on a recent report, Clearway Energy Group, a clean energy development company situated in the U.S plans to launch a pilot program for the trade of renewable energy credits on a blockchain. ETHEREUM Based Energy Trading Platform In order to create a system for trading renewable energy certificates, the energy firm forged a partnership with Power Ledger, an ETHEREUM based energy trading company. During an interview, a representative of Power Ledger revealed that the solution will first be examined Read more …
On Thursday, bitcoin price continued its downward trend, falling by almost $1,000 over a 20-minute period, according to Coinbase Pro, which shows that the world’s largest cryptocurrency by market capitalization fell from $11,700 at 16:05 UTC to $10,800 in 17:44 UTC. Although the price stabilized for a while, according to Coinbase, it fell to $10,346. However, on Friday Asia session Bitcoin has shown growth, now trading at around $11,300 (03:40 UTC). The latest recession coincided with huge losses in the Read more …
Despite Bitcoin being in a firm uptrend over the past few months, the aggregated crypto markets have largely experienced lackluster price action, but Ethereum (ETH) may be one of the few exceptions as it has been closely tracking BTC as of late. Because ETH has been closely tracking BTC, it has experienced large volatility over the past week, setting fresh year-to-date highs before quickly plummeting lower. Now, analysts believe Ethereum is ready to continue its upwards ascent, which may mean Read more …
To most in the Bitcoin (BTC) and crypto community, mainstream media is viewed with intense skepticism. Case in point, the leading cryptocurrency has been declared dead over 360 times according to 99Bitcoins. Most of these attacks come from mainstream outlets, from CNBC and Forbes to the New York Post and Bloomberg. For instance, one Bloomberg op-ed headline published in January 2018 reads: “Sorry, Bitcoin Fans. Digital Currency Is Still a Dream.” Related Reading: FUD Storm: Mainstream Media Back Bashing Bitcoin Read more …