EOS touched $2.74 after bouncing back with a 10% gain over the last 12-hours Against Bitcoin, EOS price was rejected sharply after attempting to break-through the 3800 SAT resistance. If EOS fails to find a rebound level at $2.6, the bears may resume pressure inside the hourly descending channel. EOS bulls continue to weaken at resistance as buying volume decreases across its trading pairs EOS/USD: EOS Consolidating Around $2.64 Key Resistance Levels: $2.74, $2.8, $2.9 Key Support Levels:...
Read More »Breaking: Tone Vays’s Popular Crypto Trading Channel Was Banned By YouTube
YouTube continues to restrict, and outright ban accounts, producing cryptocurrency-related content. In its latest strike, the popular video content sharing platform closed the account of one of the most popular Bitcoin analysts and vocal members of the community, Tone Vays. Crypto Analyst Tone Vays Banned on YouTube The largest video content sharing platform, YouTube, continues its clampdown on cryptocurrency-related materials. This time, one of the most popular analysts and well-known...
Read More »Opinion: We Need A Blockchain COVID-19 Tracker So We Don’t Have To Trust Google and Apple
Google and Apple are working together to create a COVID-19 tracking app. While they emphasize the technology would be opt-in only and protect users’ privacy, we’ll just have to trust them on that. But can we really trust Silicon Valley tech giants, or even the U.S. government to respect our privacy? Both marketers and the police state would likely find the information gathered by this app very lucrative. Like so much oil underneath a field in Texas, all that data would be sitting on servers...
Read More »Algorand Launches A VC Studio For Decentralized Applications, Partners With Leading Investment Companies
The popular blockchain company Algorand announced a partnership today with Eterna Capital and Borderless Capital. The three entities launched a platform for projects looking to build decentralized applications on the Algorand blockchain network called Eterna Borderless Venture Studio (EBVS). Venture Studio On Blockchain In a press release shared with CryptoPotato, Algorand announced its newest partnership. It involves the investment company focused on blockchain technology Eterna Capital and...
Read More »Fairspin Casino Announces Another Record-Breaking Win Proofed via Blockchain
Fairspin, a blockchain casino that offers games from gaming top providers, has announced the gaming stats of the last month, and it is revealed that the new record win took place in March.On March 7, the lucky winner got 2,5 BTC ($22,000 at the time of the withdrawal) during only one day. The win came from a $1,900 deposit. The biggest one-time win took place in the Hip Hop Panda game (PG Soft provider) when the player got $6,000 from a $180 betThis win is backed by a relevant transaction on...
Read More »Litecoin Price Analysis: LTC Shoots Above $40 As Bitcoin Price Takes A Leap Forward
Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD: Litecoin Bounces Back After Testing Support Key Resistance Levels: $43.7, $47 Key Support Levels: $37.9, 34.5, $32.4 LTC/USD. Source: TradingViewLitecoin...
Read More »Adoption: $12M Wheat Shipment Deal From North American To Indonesia With Blockchain
Blockchain technology proved its worth recently in a wheat shipment deal from North America to Indonesia worth $12 million. The U.S.-based Cargill Incorporated and the Singaporean international trading company, Agrocorp, completed the trade using the dltledgers blockchain platform. $12 Million Deal On DLT Cargill Incorporated is an American privately held global corporation, whereas Agrocorp is a large International trade firm serving markets with globally sourced commodities. Both entities...
Read More »Bitcoin Price Analysis: The Storm Is Here – Bitcoin Just Surged $550 In 90 Minutes To Over $7K, What’s Next?
That was a crazy day for the price of Bitcoin. Some would say it’s an ordinary day, but as we wrote here in yesterday’s price analysis, after sideways action in a tight range, the primary cryptocurrency had exploded. After trading for the last few days between $6800 – $7000, it first started with a deep below the critical $6600 support, whereas the daily low was around $6472 (Bitstamp), which is the next-mentioned support level we had stated here yesterday. But it was only a quick glitch...
Read More »EOS Price Analysis: Testing Significant Breakdown Support
EOS price is back in a negative zone below the $2.500 support against the US Dollar.There is a cluster of supports on the downside near the $2.300 level.There is a major declining channel forming with resistance near $2.500 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break below the $2.300 support zone could spark more downsides in the near term.EOS price is slowly moving back into a downtrend against the US Dollar, similar to bitcoin. However, if the price...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Defend This Key Support?
Litecoin price is down more than 10% from the $45.00 resistance against the US Dollar.LTC price broke the key $40.00 support level to move into a bearish zone.There is a major bearish trend line forming with resistance near $41.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must stay above the $38.00 or $37.00 support to start a fresh upward move.Litecoin price is showing a few bearish signs below $42.00 against the US Dollar, similar to bitcoin. LTC price...
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