Crypto news

According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead.Correlation: ETH Price And New Ethereum AddressesThe popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number of new addresses on Ethereum’s blockchain and their correlation to ETH’s price.We were playing around with our API and...

Ethereum’s search decline is slightly worse than Bitcoin’s. Roughly 96% of search interest originating from the United States has disappeared. A glance at ETH’s developer count reveals a silver lining for Ethereum. Nearly two years on from Ethereum’s all-time high, Google search interest for the No.1 altcoin has plunged 96%. Ethereum Popularity Nosedives Along with the ETH Price Search interest for the most well-known alternative to Bitcoin peaked during January 2018’s bull-run. The price...

Sports footwear and apparel company Nike announced it has been given a patent to tokenize its shoes on the Ethereum blockchain.In a document posted on the U.S. Patent and Trademark Office on December 10, Nike stated that its plan to generate unique IDs and create ERC 721 tokens for some shoes, dubbed CryptoKicks.When buying shoes, people will be able to “unlock” these tokens and then link them with unique owner IDs to confirm ownership. The token will not be used only as a representative of a...

Based on the recently revealed information, we all can make a conclusion about the passion of the second-largest bank by assets the Chinese Construction Bank (CCB) to blockchain. Sources indicate that CCB has introduced a refactoring platform that is to run totally on its own blockchain. The platform is aimed at corporate clients in the business of factoring and its goal is to improve operations and reduce risks and costs at the same time.Factoring is a fund-raising model where invoices from...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Judging by the charts of the main crypto instruments, the bears are still at the wheel. However, it should be noticed, that the angle of the decline is becoming less and less steep every day, which means a certain weakening of the trend. The picture on the charts may be hinting that the long but...

Pre-orders for Apple’s new Mac Pro desktop computer officially began yesterday. The Mac Pro which was initially announced at the Apple Worldwide Developers Conference (WWDC) in June is priced at $5,999 for the desktop unit alone. Unlike many desktop computers especially with Windows, the Mac Pro’s 6k Pro Display XDR monitor is sold separately for an interesting $4,999, pushing the price of both units up to $11,000. However, this price seemingly only gets you the bare minimum and if you want...

Mark Cuban attacks bitcoin and says that the cryptocurrency has zero chance to become a reliable currency. Cuban made his billions by investing early in the internet. It would seem that the billionaire has the wrong idea on the security and value of the top cryptocurrency. Mark Cuban caught the attention of the cryptocurrency community after he criticized bitcoin in a Forbes article. The self-made billionaire said the number one cryptocurrency has “no chance” of becoming a reliable...

Tezos surged by another 20% this week, allowing it to rise to the $1.56 level.The cryptocurrency now faces very strong resistance at the 0.0002 BTC level.Tezos is now the 11th largest cryptocurrency with a market cap upwards of $1 billion.Key Support & Resistance LevelsXTZ/USDSupport:  $1.23, $1.17, $1.12, $1.00.Resistance: $1.34, $1.40, $1.47.XTZ/BTC:Support: 0.0001685 BTC, 0.000158 BTC, 0.000138 BTC, and 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195 BTC level (November 2019 highs),...

General Motors has introduced the new versions of its best-selling models the Chevrolet Tahoe and the Suburban SUVs. Sources indicate that the new versions of the popular models are larger than previous ones with a whole lot of technology and new features that combine both safety and comfort. Industry pundits have indicated that the profits made from the sales of these two models will propel the automaker to complete the self-driving cars and electric vehicles which include the 20 planned to...

WeBank, China’s first digital bank in the sphere of helping small businesses access funding needed for operations, will now provide the technical infrastructure required for the deployment of China’s national blockchain network.According to a report from state-owned Financial News media platform, WeBank will be in charge of the creation and delivery of FISCO BCOS (Be Credible, Open & Secure) open-source consortium chain, for the Blockchain-based Service Network (BSN). The BSN Development...