Bitcoin just completed a daily surge of more than $400, marking $8580 as its current daily high. Yes, maybe when you’re reading these lines, the king of the cryptocurrencies had continued its way even higher.Three days ago, on our recent price analysis, we had stated clearly that the short-term looks bullish for Bitcoin.The consolidation above the $8000 was exactly what Bitcoin needed to regain forces for the move we just saw over the past hours.Following the parabolic rise of NASDAQ, the...
Read More »Ethereum Price Analysis: ETH Overcome Hurdles, More Upsides Possible
Ethereum price is gaining bullish momentum above the $145 resistance against the US Dollar.ETH price could continue to rise and it might break the $152 and $155 resistance levels.There is a key bullish trend line forming with support near $143 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but buyers are likely to protect $145 and $143.Ethereum price is showing a lot of bullish signs against the US Dollar. ETH/USD could continue to rise if it clears the $152...
Read More »South Korea Is Looking to “Institutionalize” Digital Currency
South Korea is pushing legislation that would bring cryptocurrency and blockchain technology into more mainstream territory.South Korea Is Looking to ChangeAt one time, it can be argued that cryptocurrency was very mainstream in the region of South Korea. The country – pre-2018 – accounted for roughly one quarter of the world’s total cryptocurrency transactions, so to say that the nation was a digital hotspot would be something of an understatement.However, as more crime occurred throughout...
Read More »The Cryptocurrency Community of All MENA and Eurasia Region are Gathering in Blockchain Economy2020 in Istanbul!
Place/Date: Istanbul, Turkey - January 13th, 2020 at 8:02 pm UTC · 3 min read Contact: Blockchain Economy, Source: Blockchain Economy2020 There are only a few days left for the second of the most comprehensive Blockchain and cryptocurrency conference of MENA and the Eurasia regions, which will take place in Istanbul for two days on February 20-21, 2020. The main speakers and their general titles are explained on the web address of the event, during which the participants will have the...
Read More »ETH’s Virgil Griffith is Officially Charged, Awaiting Trial
Virgil Griffith – the Ethereum research scientist who gave a seminar in North Korea despite lacking permission from the United States government – has been formally indicted and is awaiting trial.Griffith Is Set to Face ChargesGriffith has been charged with assisting a nuclear state and an enemy of the U.S. in learning about how to utilize blockchain and cryptocurrency against American authorities. He is also facing charges for violating the International Emergency Economic Powers...
Read More »Bitcoin Continues to Grow As Protests Erupt in Iran
At the time of writing, bitcoin (BTC) – the number one cryptocurrency by market cap – is trading above $8,100, suggesting that its latest bull run still has some steam behind it.Bitcoin Is Still Hitting the TopYesterday, there was concern that perhaps things had either come to an end or were slowing down given that the currency was meandering between $7,900 and $8,000. This occurred for roughly two days, which made several analysts think that bitcoin had reached its peak considerably earlier...
Read More »Adam Back: $10 Million Bitcoin Prediction Is ‘Closer Than It Sounds’
Bitcoin’s $10 million dollar price prediction hits Twitter. Is bitcoin a reserve currency? Some analysts believe U.S. dollar inflation will push bitcoin higher. According to Blockstream founder and cypherpunk, Adam Back, Hal Finney’s $10 million price point for bitcoin isn’t so far fetched, though, the reasons behind these levels may not be as apparent as you may think. When it comes to price predictions, crypto analysts often tout the most hyperbolic and...
Read More »Owner of Fortune Magazine Plans More Fintech Acquisitions in Addition to Lightnet
The owner of popular Fortune magazine, Chatchaval Jiaravanon, plans to do a lot more in the fintech sector, through acquisitions. Jiaravanon, who also has a fintech startup called Lightnet, believes that acquisitions will pretty much change the game. In a recent interview as reported by Bloomberg, Jiaravanon said:“Acquisitions will be the quickest way for growth in a fast-changing environment.”Chatchaval’s father, Sumet Jiaravanon, is the executive chairman of Charoen Pokphand Group,...
Read More »ETH Struggles At $147 But Bears Might Be Plotting A Comeback: Ethereum Price Analysis
Ethereum is moving sideways at the $143 level as it attempts to overcome resistance at $147.Against BTC, ETH is struggling to overcome resistance at 0.0179 BTC but remains supported at 0.0175 BTC.Ethereum still remains within a neutral condition until the bulls can bring the market above the December highs at $152.Key Support & Resistance LevelsETH/USDSupport: $133.50, $128, $120.Resistance: $145, $152, $158.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0175 BTC,...
Read More »Crypto Investor Declares Alt Season as Litecoin, Ethereum and EOS Come Alive
A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret that most alternative coins or altcoins are dependent on bitcoin. Wherever BTC goes, almost every other crypto token follows. That’s especially true for large market cap coins such as Ethereum, Litecoin and EOS. A score of one...
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