According to the post by Block.one, company representatives attended the government buildings to discuss the future of Voice. Per the announcement:“In December of 2019, we sat down with the U.S. Securities and Exchange Commission in Washington D.C. to discuss our vision and plans for Voice: what it is, what we are trying to achieve, and how the tokens will work.”The company states that it has no right to publish all the related information. However, they will take all the necessary steps...
Read More »Twitter’s Bitcoin Emoji Excites Crypto Community
Twitter’s Bitcoin emoji has been introduced. This has generated lots of excitement within the crypto space. Twitter’s cryptocurrency community has been on fire as the Bitcoin symbol has been trending. However, it could have been rather expectable. Twitter’s CEO Jack Dorsey has been known to be a Bitcoin fan for many years now. His recent tweet has got a lot of positive feedbacks.#bitcoin cc:@unicode— jack ??? (@jack) February 2, 2020The Bitcoin symbol was approved as a Unicode symbol in 2017....
Read More »Bitcoin Price Analysis: Huge Price Move Coming Up? Yes, According To These Indicators
Before the weekend, we saw Bitcoin trading safely and easily on its way to $10,000. However, on our recent analysis two days ago, we had pointed out on some indicators that might put some bearish pressure on the cryptocurrency.Since then, we saw a correction of almost $300 down to a current daily low of $9130 (Bitstamp rate). On the bigger time-frame, in case this correction doesn’t go lower, it seems very healthy for the short-term since this level is a little above the 38.2% Fibonacci...
Read More »China Coronavirus Fears May Be Inspiring BTC Purchases
China is going crazy when it comes to bitcoin… bitcoin and gold.China BTC Action Is Booming for Sad ReasonsBoth assets make sense considering they are likely considered “safe havens” in that country and abroad. Both are known for retaining one’s wealth, especially in times of economic strife or some other global catastrophe.Right now, the catastrophe that China is facing is the new coronavirus that’s spreading through its provinces. Thus far, more than 200 people have died from the disease,...
Read More »Elon Musk and Tesla Are Seriously Outperforming Bitcoin
Nobody can deny that bitcoin is doing quite well as of late, but in many ways, it still suffers at the hands of traditional stocks, one being that of Tesla owned by South African entrepreneur Elon Musk.Musk Has Power of BTCTesla stock is up by more than 30 percent, and BTC is hurting at the hands of this stock and others like it. Bitcoin was only bullish during the later period of October 2019 during the past six months, and even then, the spikes did not last. All other months were devoted to...
Read More »Bitcoin Is Doing Well, but Will the Bears Soon Take Over?
Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...
Read More »Ethereum Price Analysis: ETH Finally Breaks Above The Critical EMA-200 And Aims For $200
TL;DREthereum had increased by 6% over the past three days to reach the $185 resistance, before stalling.Against Bitcoin, ETH rebounded from the 0.0185 BTC to return to the 100-days EMA.Ethereum is now trading above the 200-days EMA as it sets sights to $200.Key Support & Resistance LevelsETH/USDSupport: $172, $165, $158.Resistance: $185, $194, $200.ETH/BTC:Resistance: 0.02 BTC, 0.0204 BTC, 0.021 BTC.Support: 0.0185 BTC, 0.0182 BTC, 0.0179 BTC.ETH/USD – ETH Breaks 200-days EMASince our...
Read More »100 Days To Go: Excitement Among The Crypto Community For The Coming-Up Bitcoin Halving Event
One of the most awaited events in the cryptocurrency space, the Bitcoin Halving, is estimated to take place about 100 days from today.On this day, the reward that miners get from adding blocks to the network will be slashed in half: from 12.5 BTC per block, as of today and the recent four years, to 6.25 BTC per block. It will also reduce Bitcoin’s pre-set inflation rate from the current 3.68% to about 1.8%.Even though the date of the Bitcoin Halving could range depending on the network’s hash...
Read More »After Sinking 97%, This Altcoin Just Woke Up with a 23% Surge
NEM (XEM) gains 23% in overnight surge. The Altcoin was previously down 97% since the market peak of January 2018. XEM coin now up 71% since December, but can we bank on this being a new alt-season? The 29th ranked cryptocurrency NEM (XEM) clawed back almost one-quarter of its value leading into Saturday morning. The altcoin had previously lost 97.7% of its value in a two-year decline that stretches back to January 2018. This past December, the XEM coin sunk to its...
Read More »Colgate-Palmolive (CL) Stock Keeps On with Bullish Trend, Q4 Earnings Surpass Estimates
Colgate-Palmolive Company said its net sales for the fourth quarter of the fiscal year 2019 stood at $4.02 billion, marking a 5.5% increase from the same period a year earlier. In the same time, organic sales rose by 5%.Earnings per share for the period hopped 7.2% to $0.75, while net income was standing at $643 million. Colgate-Palmolive’s Gross Profit Margin was 60.1% in the fourth quarter of 2019 versus 59.1% in the fourth quarter of 2018.CEO Noel Wallace said:“Colgate’s leadership of the...
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