The Bitcoin and crypto money markets have thrust in a downward pattern for quite some time, but with only half a month until Christmas, Bitcoin bulls are anticipated, could we be expecting another Santa Claus rally?The Bitcoin price forecast is approximately a part of the highs of its year so far, with most (but not all) altcoins struggling to stay closely related to Bitcoin and recording worse results.Currently, Bitcoin and crypto enthusiasts anticipate unexpected price growth, specialized...
Read More »Deutsche Bank Gives Reason behind Stock Market’s 10-Year Bull Run, Bear Market Is Imminent
Over the last ten years or so, the American stock market has been performing quite impressively, with continuous rises in its general bull run. Since 2009, companies – notwithstanding price drops over smaller periods – have been doing better with time, on average. German multinational investment and financial services firm Deutsche Bank AG has now revealed the driving factor behind this decade-long bull run.According to a tweet from market analyst Holger Zschaepitz with German media company...
Read More »Blockchain Accelerator Tribe Backed by Singaporean Government Raises $16M for Startups
Tribe Accelerator, that is a blockchain accelerator backed by the Singaporean government, has raised 25 million Singaporean dollars which is roughly about $16 million for startups that are presented on its platform. Sources indicate that the accelerator revealed this in a press release yesterday and that about $28 million in total has been raised so far for startups that employ blockchain technology to revolve issues that the world currently faces. The accelerator further revealed that the...
Read More »Binance Acquires Decentralized Blockchain Startup DappReview for Undisclosed Amount
“By working with Binance X [the company’s developer network] and Launchpad, DappReview will bring in more talented Dapp developers and assist promising Dapp projects on fund-raising. A lot more exciting synergies with Trust Wallet, Binance Research, etc. DappReview will partner with the public chains and protocols in the Dapp space through Binance’s ecosystem.”Niu further added that by Q1 2020, DappReview is planning to release a new set of analytical tools and products. Besides, this...
Read More »Bitcoin Price Suffered 31% November Slump But a Hostile China Boosts Outlook
The bitcoin price dropped by 31% since October 26, in just over a month. Yet, Blockchain Capital partner Spencer Bogart sees strengthening fundamentals pushing BTC up in the medium-term. The cryptocurrency market showed signs of stagnation throughout November following China’s crackdown on small exchanges and the sell-off of bitcoin on spot exchanges like Huobi and Binance.Bitcoin is nearing a critical juncture as its recent sell-off shows few signs of slowing. Blockchain Capital's Spencer...
Read More »Waves DEX Foregoes Total Decentralization and Is Migrating to a Hybrid Model
In what seems like migration for the future, sources have indicated that Waves, a popular decentralized cryptocurrency exchange, has shut down its operations on its decentralized platform and is migrating to a new hybrid-based system that is intended to combine the best of both worlds. The exchange indicated this yesterday in a press release stating that it is shutting down operations on the old website and is shifting to the new Waves.Exchange site where the development of its hybrid model...
Read More »Apple to Bring Mini LED Technology to iPad and MacBook by Late 2020
Apple Inc. has gained a strong foothold in the smartphone and computing industry through its high-quality products. Whether it be iPhone, iPad or the Mac, Apple has always put special attention to its display technology and invested billions of dollars over the course of the last few decades.Recently, popular Apple analyst Ming-Chi Kuo stated that the Cupertino-based tech giant will switch to mini-LED technology in the next one year. As reported by 9to5mac, Kuo predicts that Apple will bring...
Read More »Tron (TRX) Price Analysis: Risk Of Fresh Decrease Below $0.0150
Tron price is struggling to clear a couple of important resistances near $0.0160 against the US Dollar.TRX price is currently trading above the $0.0152 and $0.0150 support levels.There is a key bearish trend line forming with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could start a fresh decline if it fails to surpass $0.0160 and $0.0614.TRON price is currently consolidating below key resistances against the US Dollar and bitcoin. TRX price must break the...
Read More »Ethereum Price Analysis: ETH Approaching Next Key Break
Ethereum price is facing a few important resistances near $152 and $158 against the US Dollar.ETH price is currently trading below $150, but also holding the $148 support area.There is a major breakout pattern forming with support near $148 on the 4-hours chart (data feed from Coinbase).The price could either rally above $152 or it might start a fresh decline towards $138.Ethereum price is likely setting up for the next key break against the US Dollar. ETH/USD must climb above $150, $152 and...
Read More »Wash Trading Menace: 93% Of All LTC Traded In A Day According to CoinMarketCap
According to the popular cryptocurrency monitoring resource, CoinMarketCap, 93% of all Litecoin in circulation changed hands yesterday, December 2nd. As pointed out by one of the prominent analysts in the field, the issue with wash trading is getting out of hand and it’s undoubtedly something to be considered.Wash Trading Volumes On CoinMarketCapMati Greenspan, one of the more prominent and popular cryptocurrency analysts in the field, pointed out yesterday that the issue with displaying wash...
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