Crypto news

Following very calm and steady trading days, where Bitcoin couldn’t overcome the significant 200-days moving average line (marked light green on the attached daily chart), the recent hours saw Bitcoin breaking down below $8000 for the first time in the past ten days.Many see the market bearish as long as Bitcoin is trading below the mentioned MA-200 (currently around $8800). After several failures trying to break back above the moving average line, Bitcoin price had gone away from the area,...

It is announced that the decentralized finance (Defi) platform Kava is set to sell its tokens on the Binance Initial Exchange Offering (IEO) platform popularly referred to as Binance Launchpad. The event will start on the 23rd of October, 2019. The sales will involve a lottery and an airdrop. The IEO will feature the KAVA token at $0.46 and will also include 6.52% of the total tokens available. The event will also include an airdrop of $150,000 with a total of 326,087 tokens for the event....

As we reported earlier, the long-awaited issuance of Gram tokens from Telegram on its Telegram Open Network (TON), was hit with a surprising roadblock when the United States Securities and Exchange Commission (SEC) deemed it unlawful and filed an emergency action as well as a restraining order against it.Even though the company is not based anywhere in the U.S., the SEC claims that Telegram not only failed to register properly but also was not entirely forthcoming with its investors, most of...

Ethereum saw a small decline of around 3.26% over the past 24 hours and it currently trades at $178. ETH has seen a further 10% drop over the past month. The cryptocurrency recently met resistance at the 100-days EMA and failed to break above it which caused ETH to roll over and fall.Ethereum remains the second-largest cryptocurrency with a market cap of $19.32 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency continued to fall after meeting...

Now, anyone who is big on cryptocurrencies already knows that Anthony Pompliano is one of the biggest names in the crypto space and whatever he says is law. A such, he recently took to twitter to talk about HODL or keeping digital assets for a long period until such assets appreciate as the best investment strategy. The fact that he is the co-founder of Morgan Creek which is one of the premier Blockchain Venture capital partners in the world gives him credence as one of the “go-to” people...

Google in its recently held event, unveiled products including Pixel 4, Pixel Buds and Pixelbook Go as well, on Tuesday. The long-awaited Pixel 4, after several months of unconfirmed leaks and several speculations, seems to have met general expectations and turned a few heads.Google revealed the Pixel 4 and a larger version – the Pixel XL – with more than a few interesting features. Firstly, access to Google Assistant which is present on other Android smartphones is a lot...

Warren Buffett is causing yet another market buzz with his next line of action, and this time, his investor-compass is pointing again at the Bank of America. The seasoned investor wants to up his stake in the bank past 10%, and this planned move is already raising eyebrows.Berkshire Hathaway, Buffett’s company, made it clear in a Fed filing that its intentions do not include any merger, selling of Bank of America assets or the introduction of a new business strategy, rather all it is after is...

Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...

Photo: FortniteOn October 15, Epic Games rolled out Fortnite Chapter 2, a new improved part of the famous game. The updated version includes new maps, swimming mechanics, new chest designs, environmental explosions, boats to traverse water, new kinds of weapons, fishing and pogo emotes, etc. Initially, the community reacted positively to the development, however, later, it turned out that many Fortnite Chapter 2 players face performance issues.One user wrote about FPS and lag issues:Seems...

Qtum brings forward a proof-of-stake blockchain and it’s poised to go through its very first hard fork. The upgrade is scheduled for tomorrow, October 17th, and it is intended to introduce a lot of improvements, especially to the functionalities of the network’s smart contracts.Qtum’s First Hard ForkTomorrow, October 17th will see the first hard fork of proof-of-chain blockchain Qtum. As soon as the network upgrades, this will enable third-party gas payments which marks a major milestone....