Cryptocurrency anarchists want to drag the cash to the Internet by saving the user’s ability to transact anonymously. The anarchists use cryptography for such purpose. Contrary to that, the governments and banks want all the payments to be traceable. This is what happens when people use bank cards, deposits, personal accounts, etc.From what we’ve seen in the mainstream financial media in recent months, global players like the European Central Bank, the People’s Bank of China, want to invent...
Read More »Ethereum Price Analysis: Here Is Why ETH Is Still Struggling
Ethereum price is facing a strong resistance near the $135 and $140 levels against the US Dollar.ETH price is under pressure and it might struggle to stay above the $125 support.There is a major bearish trend line forming with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses unless it surpasses $134, $135 and $140.Ethereum price is facing a couple of key hurdles against the US Dollar. ETH/USD is trading above $125, below which...
Read More »New YouTube Crypto Ban? The Giant Started Removing Cryptocurrency-Related Videos With No Warning
YouTube, the Google-owned social media mogul, claimed to be restricting and even deleting cryptocurrency-related videos and channels. Several crypto influencers had reported over the past few hours on the removal of videos and even complete channels.Such is the case with veteran crypto investor and influencer Chris Dunn, operating one of the most popular channels in the industry with over 200,000 subscribers.Dunn claims that the video platform had suddenly removed some of his videos, citing...
Read More »Istanbul Blockchain Week’s Flagship Event ‘IstanBlock’ Releases Limited Early Bird Tickets
Place/Date: Istanbul, Turkey - December 23rd, 2019 at 10:06 pm UTC · 3 min read Contact: Istanbul Blockchain Week, Source: IstanBlock 2020 Turkey’s most exclusive blockchain event – IstanBlock 2020 – launches its early bird ticket sale today, amid huge excitement across the region for the first speaker announcement, expected in the coming weeks.IstanBlock 2020 takes place April 9-10 and will be the flagship event of Istanbul Blockchain Week, running April 6-10.Excitement for the exclusive...
Read More »Alexander Vinnik May Face Trial in France
Alexander Vinnik – a man accused of bitcoin fraud – will be extradited to France, according to the justice minister of Greece.Vinnik Will Face French LawmakersKonstantinos Tsiaras has recently signed an order requiring that the alleged Russian cryptocurrency scammer be sent to the country though at press time, no extradition date has been set.Vinnik has been accused of laundering billions of dollars in cryptocurrency funds. He was arrested in 2017 while on vacation in Greece per the request...
Read More »3Commas – 2019 Retrospective
Place/Date: Vancouver, Canada - December 23rd, 2019 at 9:29 pm UTC · 3 min read Contact: [email protected], Source: 3Commas As 2019 draws to a close, it’s time to reflect on our team’s tremendous efforts, growth, and significant launches throughout the year.What many consider to be the best crypto-asset management platform in the world, 3commas was born out of the passionate efforts of a handful of crypto evangelists and experienced computer security experts who sought to overcome the...
Read More »New Report Discusses Some of the Issues Associated with Bitcoin Mining
At the time of writing, bitcoin is on something of a rebound. The currency has recently spiked back into the $7,100 range despite falling to $6,800 as early as last week, but one source says we should have “seen this coming.”Bitcoin Is Moving on UpAccording to new data regarding mining operations, the price of extracting a new bitcoin costs roughly $6,300. Thus, it’s unlikely that bitcoin will ever fall below that level. Just a few days ago, bitcoin came dangerously close to that point, but...
Read More »Ethereum Price Analysis: At $130, ETH Loses Steam Against Bitcoin, What’s Next?
Ethereum slipped by a further 5% this week, bringing the price for the cryptocurrency down to the $130 level.ETH created a fresh 3-month low against BTC today after dropping beneath the 0.0175 BTC support.The cryptocurrency has now lost a steep 30% this past month.Key Support & Resistance LevelsETH/USDSupport: $128, $120, $118.Resistance: $133.50, $145, $152.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0179 BTC, 0.0184 BTC, 0.019 BTC.ETH/USD: ETH Struggles To Break...
Read More »U.S. Stocks May Reverse Course by 50% in 2020
Joseph Davis who is the Vanguard Group Chief Investment Strategist and also its Chief Economist has said that stocks in the U.S. may reverse course by 50% in 2020. The strategist also asserted that the stocks also face the risk of being sold off in large moves by investors. Speaking to the sources, he said that:“Financial markets run the risk of getting ahead of themselves.”He pointed out that a 50% odds correction is more likely to occur than a 30% one. A correction in terms of percentage...
Read More »China’s Digital Currency Is at the Final Stage of Development
It seems China was really serious when talking about its digital currency. Even though China was trying to forbid cryptocurrency mining and trading, for the last three months it is in the process of creating its own.Head of the People’s Bank of China’s (PBoC) Digital Currency Research Institute, Mu Changchun, stated that the country’s digital yuan is finally ready for trials. The central bank digital currency (CBDC) will, as per the announcement, not come as a volatile asset like Bitcoin or...
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