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...
Read More »HODL Is the Best Cryptocurrency Investment Strategy, Says Anthony Pompliano
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...
Read More »Google’s New Pixel 4 Gears up to Be King of Androids
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...
Read More »Warren Buffett Wants to Raise His Bank of America Stake over 10%
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...
Read More »eToro Unveils New Crypto Portfolio Based on the Algorithm of Twitter Mentions
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...
Read More »Fortnite Chapter 2 Faced Performance Issues Several Hours after Launch
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...
Read More »Qtum To Undergo First POS Hard Fork: Upgrades Smart Contract Functionalities
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....
Read More »South Korean Government Is Determined to Move Its Trade Finance on Blockchain by 2021
A local news report in South Korea has recently confirmed that the Korean government is planning to move trade finance completely on a blockchain network in the next two years by 2021.The announcement was made by the South Korean Trade Finance Minister Hong Nam-ki who introduced the developmental plan for digital trade on Monday, October 14. According to Nam-Ki, the South Korean government will apply the next-generation technologies like Big data, AI and blockchain. The government has plans...
Read More »CoinShares, Blockchain and MKS Partner Creating Gold Token
Digital asset manager CoinShares decided to start working with gold meaning putting this asset on the Bitcoin blockchain.Together with Blockchain that is a wallet solutions provider and MKS (Switzerland) SA that acts as a precious metal trader this British company said on Tuesday they are making a gold-backed network that will be used for token trading and will represent digitized physical gold. The whole project took more than two years to be finalized.As per CoinShares, the network launched...
Read More »Cardano (ADA) Price Analysis: Primed For More Downsides
ADA price is back in a bearish zone below the key $0.0400 support area against the US Dollar.The price is likely to extend its decline towards the $0.0375 or $0.0360 support.There was a break below a major bullish trend line with support near $0.0408 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but the previous support near $0.0408 might prevent gains.Cardano price is currently declining against the US Dollar and bitcoin. ADA price remains at a risk of...
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