Tether has fired back at the authors of a study who claimed that the 2017 bull market was triggered by Bitfinex. The Tether team claims that the authors do not know how the cryptocurrency market functions. Tether assures that it never conducted activities with the purpose of manipulating the cryptocurrency market. Tether issued an official response to a research paper that claimed that a single market whale on Bitfinex manipulated the price of bitcoin in 2017. A Lone Bitcoin Whale On Nov....
Read More »Microsoft Will Work with Ethereum to Develop New Digital Assets
Software giant Microsoft is developing a new way to ensure newly created cryptocurrency tokens are easy to audit and much harder to fabricate.Microsoft Brings Azure to the TableKnown as Azure Blockchain Tokens, the platform has been utilized by several video game companies to create tokens that players can earn through gameplay. Now, Microsoft is taking the system to new heights and spreading its services to companies like General Electric, which is now among the first major conglomerates...
Read More »Billionaire Mike Novogratz: ‘The Crypto Revolution Is Real’
The crypto market may not be growing as quickly as many had hoped, and there have been some unexpected twists and turns. Nonetheless, the blockchain space is more mature today than it was two years ago, with some of the froth having been removed and a leaner and meaner ecosystem taking shape. In 2017, the last time the bitcoin bulls were in control, it was a different world. Billionaire Mike Novogratz concedes to having gotten swept up in it, saying at the Reuters Global Investment Outlook...
Read More »Bitcoin Price Analysis: BTC At Short-Term Risk, Facing The Critical 200-days MA Line
For the past ten days, Bitcoin is trading inside a tight range, which is very unlikely for the primary cryptocurrency.We can almost say that the past week was boring for the heavy crypto traders. However, this stability could come up to an end very shortly.Looking on the following 4-hour chart, we can see that Bitcoin is forming a symmetrical triangle with a Bullish bias, from the fact that it can turn into a bull flag very quickly (in the case of a breakup).Despite the above said, since...
Read More »Bitcoin Price & Technical Analysis: BTC Returned to Flat
Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBrexit helps the BTC – Easy CryptoChina does not consider mining unwanted activity anymoreOn W1, the Bitcoin is trying to secure above the resistance line it has overcome. This might mean that the market players are waiting for yet another impulse of growth to the local resistance at $11321.00. However, growth to the main peak at $13857,20 in neither excluded.On the MACD, the histogram is still in the...
Read More »EOS Price Analysis: Dips Remain Well Supported Near $3.40
EOS price is trading nicely above the $3.320 and $3.400 support levels against the US Dollar.The price is currently correcting lower and it might test the $3.400 support area.There is a key bullish trend line forming with support near $3.440 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to find support on the downside and it might resume uptrend above $3.600.EOS price is gaining traction above $3.400 against the US Dollar, and remains well bid vs...
Read More »Litecoin (LTC) Price Analysis: Primed For More Gains Above $65
Litecoin price is trading in a positive zone above the $60.00 support area against the US Dollar.LTC price is currently trading below the key $64.20 and $65.00 resistance levels.There is a key bullish trend line forming with support near $61.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported near $60.00 and it could rise above the $65.00 resistance.Litecoin price is moving nicely in a bullish zone against the US Dollar and bitcoin. LTC price...
Read More »Binapex Offers Users Full Security and High Speed of Transactions
Photo: BinapexIn a wide row of crypto exchanges, Binapex can be really noted for its safety and speeds of transactions. It is located in Seychelles and is built to provide its users with a reliable platform with which they can track and trade cryptocurrencies like Ethereum, Bitcoin and lots more.Binapex.com stands out from the row of other platforms as it introduces convenience, simplicity, and tight security to the crypto-space through its fiat currency, token, and cryptocurrency exchange...
Read More »Joseph Lubin: Facebook Shouldn’t Be Controlling Libra
Someone should tell Joseph Lubin, the co-creator of Ethereum, that he needs to make up his mind about Libra.Lubin: Libra Is a Good SystemSeriously, in a new interview with CNBC, Lubin states that he likes Libra, but that Facebook isn’t the company who should be behind the wheel. This completely differs from an interview he gave in late October in which he describes the cryptocurrency as a “weapon of mass societal manipulation.”In his latest discussion, Lubin explained:I’m a big fan of...
Read More »Josh Riddett: BTC Will Reach $1.2 Million Following UK’s Exit from EU
Josh Riddett, CEO of Easy Crypto Hunter, thinks that Brexit could bear a lot of positive results for bitcoin and eventually push the cryptocurrency past the $1 million point.Riddett: BTC Will Spike Heavily in 20 YearsIn a recent interview, Riddett commented that bitcoin and other forms of crypto will likely serve as the predominant methods of payment within the next five to ten years and says that Brexit could ultimately cause bitcoin to hit one million pounds (about $1.2 million in USD).It...
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