The cryptocurrency market is known for its volatility. The latest price movements have proven once again that things can go from north to south in a matter of hours. Thoughts of a possible new altcoin season have been circling around for a quite some time. However, all prices plunged significantly a few days ago and recovery seems optimistic at best.Crypto VolatilityBitcoin has lost over $2,000 over the last few days, marking a decrease of 21%. The crash didn’t affect only the largest...
Read More »Bitcoin Cash Analysis: BCH Crashes To $200, Likely To Decline Further
Bitcoin cash price declined heavily and broke the key $285 and $270 support levels against the US Dollar.The price tested the $200 support area and it is currently consolidating losses.There was a break below a crucial bullish trend line with support near $310 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could correct higher, but the $230 and $240 levels are likely to prevent gains.Bitcoin cash price is trading in a larger downtrend below $250 against the US...
Read More »Uber Merging All Its Services in One Major Overhaul
Uber is the company known as the one who first has spread on so many ways. There is a ride-hailing business, then scooter sharing and then there is a food delivery – and even though there are Asian companies copying its model, Uber is the only US company that offers these three services (for now).On Thursday they held the launching event in San Francisco where they presented more than 25 changes to its platform among which are combining its ride-hailing app and food-delivery app Uber Eats,...
Read More »Bitcoin Gloom to Worsen after Key Indicator Flags Red, Warns Analyst
In the past seven days, the bitcoin price (BTC) plunged from $10,100 to $7,736 in a steep overnight pullback that liquidated close to $800 million worth of long contracts on cryptocurrency margin trading platforms.The bitcoin price (BTC) dropped by more than $2,300 in the past seven days amid deep cryptocurrency market sell-off (source: Yahoo Finance)Holger Zschaepitz, a market analyst at Welt, said the week became worse for bitcoin as the 200-day moving average of BTC dropped for the first...
Read More »Liège : Workshop sur Bitcoin et les cryptomonnaies
« Pour ce rendez-vous du mois de septembre, nous ferons un workshop, c’est-à-dire un atelier collaboratif. Certains viendront avec leurs ordinateurs portables et d’autres avec leurs questions ou les deux en même temps. En bref, de la pratique ? L’objectif sera de répondre aux questions de chacun. Par exemple :– comment créer un portefeuille Bitcoin ?– comment faire une transaction ?– comment...
Read More »Crypto Advocate Ron Paul to Headline 2019 Litecoin Summit
Former U.S. Congressman and three-time presidential candidate Ron Paul will be headlining the Litecoin Summit. Paul will be sharing the stage in the luxurious Cosmopolitan hotel on the Las Vegas strip this October with Litecoin creator Charlie Lee and Morgan Creek Digital partner Anthony Pompliano.The LTC Foundation announced the surprise keynote speaker on Twitter Thursday:Cryptocurrency and PoliticsIn a CNBC Squawk Box interview this July, Ron Paul gave his enthusiastic endorsement to...
Read More »Venezuela’s State-Run Oil Company Has a Secret Bitcoin Stockpile
A recent Bloomberg report suggests that the central bank of Venezuela is looking to add both bitcoin and Ethereum to its international basket of currency reserves.The call for digital solutions was trumpeted by state-owned enterprise Petróleos de Venezuela S.A (PDVSA) which is apparently sitting on its own secret stockpile of bitcoin. The energy behemoth manages the country's vast oil and natural gas reserves.Four anonymous officials have confirmed PDVSA's request to store and use...
Read More »Venezuela: What Do We Do with All This BTC and ETH?
Well, well… The truth has come out. Despite Venezuela pushing for Petro adoption and allegedly threatening cryptocurrency miners, the country seems to have its own private stash of both bitcoin and Ethereum – and it has no idea what to do with it. Venezuela and Crypto: A Strange MixVenezuela has had a strange relationship with cryptocurrency. The country initially began pushing for widespread use of the Petro beginning in February 2018. The currency is allegedly backed by the country’s many...
Read More »Binance Staking Platform Launched for 8 Cryptocurrencies
Binance, one of the world’s leading cryptocurrency exchanges, on Thursday announced the launch its staking platform that will enable its users to earn cryptocurrencies for only depositing their funds on the platform.As per the announcement, the new platform is a value-added service that provides its users with a way of “earning staking rewards without the need to set up any nodes or worry about minimum staking amounts, time lengths, or any other technical requirements.”For a start, the...
Read More »Libra Is an Important Crypto Project, Coinbase CEO Says
A rather inspiring presentation from the head of Facebook’s Libra David Marcus seems to have inspired someone else as well and neither more nor less – Coinbase CEO himself. Yes, you’ve heard it right, Brian Armstrong came out as a real supporter of this, still developing stablecoin.The thing is that Libra is often represented as a project that carries labels such as “alienating”, “controversial” or even “poisonous”. Even though it still hasn’t come out at the light of the day, it has already...
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