Crypto news

BTCU blockchain enables smart contracts to facilitate decentralized applications and all crypto transactions across a peer-to-peer network.Headed by Nikolai Udianskyi, the software developers team of Coinsbit crypto exchange will work on introducing a new Bitcoin fork, identified as “Bitcoin Ultimatum (BTCU)”.The crypto developers team assumes a critical mission of building the BTCU consensus network and developing new innovative technologies, that aim to fix the major challenges facing the...

Bitcoin’s hash rate just hit another new all-time high of 136 EH/s, an indication that miners are not backing out despite the recent selling pressure which led to a slump in the price of BTC last week.Miners Are Bullish On BitcoinData on Blockchain.com suggests that Bitcoin’s hash rate has been increasing steadily since the start of 2019. And now the network is processing as much as 136 quintillion hashes per second, which is about 25 quintillion increase since the last ATH in December last...

Place/Date: - March 2nd, 2020 at 4:33 pm UTC · 1 min read Source: Bithumb Futures Photo: Bithumb FuturesBithumb Futures, a global digital asset derivatives trading platform, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch. Backed by leading industry players, Bithumb Futures has recently completed an initial round of fundraising and is positioned as a strong entrant to the expanding crypto derivatives...

Stellar lumen price declined heavily and it broke the key $0.0630 support area against the US Dollar.XLM price is currently testing the $0.0550 support and it could recover in the short term.There is a major bearish trend line forming with resistance near $0.0595 on the 4-hours chart (data feed via Kraken).The pair must climb above $0.0595 and $0.0600 to start a strong recovery in the near term.Stellar lumen price is now trading in a bearish zone against the US Dollar and bitcoin. XLM price...

Chainlink saw a lot of buying pressure over the past five days following a nice recovery from the critical support level.The LINK/USD pair is attempting to break out from a symmetrical triangle with a bullish head-and-shoulder pattern.A new bullish swing may start at 0.00045BTC level if buyers show strong commitment.LINK/USD: Chainlink Looking For Break Confirmation To Start New Bullish RallyKey Resistance Levels: $4.4, $4.8Key Support Levels: $3.8, $3.3LINK/USD. Source: TradingViewFollowing...

As major biotech companies try to create a proper coronavirus vaccine, the following stocks just might be strong enough to hedge against the current financial plunge.The coronavirus epidemic isn’t letting down as many people hope it would. Instead, the number of confirmed cases as well as the mortality rate, are on a steady rise. The number of countries affected by the virus is also increasing steadily with many more countries confirming new cases of infection. The situation is worrisome to...

Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.Blockchain technology and cryptocurrency at large have been huge game-changers for the global economy over the past ten years. Social media companies have not been ignoring this, and many have adopted tokenization to move forward their main agenda, gain popularity, increase their customer base, and also monetize their...

HASHWallet focuses on a secure device that allows users to authenticate or sign any transaction without any risk of fraud or impersonation, at any time, from anywhere and in a simple way.Recently, the National Cybersecurity Institute (INCIBE) has awarded the prizes to the three winning start-ups of the ideas and entrepreneurship contest Ciberemprende. Within the framework of the ‘Tech Spirit’ event in Barcelona, ​​the Demo Day was celebrated, the final day of the incubation program that took...

On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.The Chinese economic outlook is turning from bad to worse over the rising number of infected coronavirus cases, the Chinese stocks fell drastically. Last month, the Chinese government asked all companies and manufacturing units to shut down their...

According to Ripple CTO David Schwarz, stablecoins are a major trend among institutions and even the Central Banks this year. It is expected that stablecoins will soon launch on the XRP ledger.Ripple‘s network RippleNet has been known as a secure way to bundle worldwide payment transactions in one place and connect users’ development activities. With its intelligent node identification, the network is significantly faster than comparable payment networks. Besides, charges are calculated...