China May Use Crypto to Incentivize its Army: Pump Incoming? China is looking to revamp its military rewards system through blockchain technology. China may use blockchain to organize and incentivize its military Could China’s embrace of blockchain cause another pump? The people’s republic softens its stance on crypto. China’s latest blockchain initiative could see its […]
Capitulating Miners Before the Halving Is Bullish for Bitcoin – ccn.com
Capitulating Miners Before the Halving Is Bullish for Bitcoin Bitcoin’s mining difficulty suddenly dropped. The move down indicates that inefficient miners are going out of business. The capitulation of weak miners is long-term bullish for the dominant cryptocurrency. Bitcoin’s slow descent from the 2019 high of $13,880 to its current level of $8,130 is starting […]
Top Economist Says That the Way to Kill Bitcoin Is to Keep Price Under $1,000 – ccn.com
Top Economist Says That the Way to Kill Bitcoin Is to Keep Price Under $1,000 A widely-followed economist says suppressing bitcoin price can kill the cryptocurrency. Research supports this assessment as retail traders still dominate the market share. The strong correlation between bitcoin and Google searches point to the vulnerability of retail traders to price […]
Crypto Exchanges Are Dying, But They Won’t Fade Away – Forbes
Crypto Exchanges Are Dying, But They Won’t Fade Away When I last looked there were 350 cryptocurrency exchanges and there were probably a lot more after I last counted them. During the crypto bubble they were popping up everywhere. Now they are dying away. Hardly a week goes by without another exchange pulling the plug. […]
Ethereum Alternative Now Challenges Bond Market Benchmark LIBOR – Forbes
Ethereum Alternative Now Challenges Bond Market Benchmark LIBOR In what could be a death rattle for the once-hegemonic London interbank offered rate (Libor), a competing index backed by two American companies today announced it would be using the ethereum blockchain. Libor is a benchmark interest rate controlled by global banks including Barclays, Deutsche Bank, Royal […]
Ripple price analysis: XRP/USD $0.26 and $0.28 hurdles must come down – fxstreet.com
Ripple price analysis: XRP/USD $0.26 and $0.28 hurdles must come down Ripple joins the rest of the crypto market to push for a reversal from the losses accrued since Monday. The support at $0.24 came out strongly but trading above $0.26 and $0.28 is key for gains above $0.30. The last couple of days have […]
Litecoin price analysis: LTC/USD consolidates in a flag formation, getting primed for a breakout – fxstreet.com
Litecoin price analysis: LTC/USD consolidates in a flag formation, getting primed for a breakout The MACD indicates increasing bearish market momentum. The RSI indicator is trending around 44.25. LTC/USD had a bullish start this Wednesday, following two straight bearish days going up from $55.10 to $56. The price is currently sandwiched between the lower Bollinger […]
US scammer behind bars for conducting fraudulent initial coin offering (ICO)
US scammer behind bars for conducting fraudulent initial coin offering (ICO) The initial coin offerings were endorsed as being backed by diamonds and real estate. The ICO scam managed to attract more than 1,000 investors. Maksim Zaslavskiy, a computer programmer from Brooklyn, was recently sentenced to a year and a half behind bars. According to […]
Bitcoin price prediction: BTC/USD lags beneath $8,128 prominent resistance – Confluence Detector fxstreet.com
Bitcoin price prediction: BTC/USD lags beneath $8,128 prominent resistance – Confluence Detector Bitcoin bulls must fight to break the resistance at $8,128 to avert declines beneath $8,000. Between the prominent resistance at $8,128 and $8,548 exists several medium-strong hurdles. Bitcoin is once again losing its bullish mojo witnessed during the Asian trading session on Wednesday. […]
Crypto Today: The crypto market is trading over thin ice – fxstreet.com
Crypto Today: The crypto market is trading over thin ice Here’s what you need to know on Tuesday Markets: – BTC/USD stays flat during the day, dropping a paltry 0.01%. The king trades at $8,119 while multiple reports of a possible price change direction are being published. – ETH/USD is up 0.59% and is currently trading at […]
