Crypto EcoBlog
Ethereum price is sliding heavily and recently tumbled below $140 against the US Dollar.ETH price is showing a lot of bearish signs below $138 and $135.There is a crucial bearish trend line forming with resistance near $138 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses below the $130 support level in the near term.Ethereum price is down and out below $135 against the US Dollar. ETH/USD is likely to continue lower as long as it is below the...
Read More »Canadian Police Asked to Exhume the Body of Quadriga CX’s Gerald Cotten
Lawyers representing customers of the now doomed Canadian crypto exchange Quadriga CX are asking police officials to exhume (dig up) the body of the company’s deceased head executive Gerald Cotten.The Drama Surrounding Cotten Lives OnCotten made headlines in late 2018 when it was announced that he had passed away due to complications from Crohn’s disease while performing charitable work in India. What was so important about his passing was that Cotten was the only person working at Quadriga...
Read More »Mark Cuban: BTC’s Biggest Issue Is That People Don’t Use It
Mark Cuban has never been a fan of bitcoin. He’s not afraid to hide his feelings, nor is he afraid to speak his mind when it comes to the popular – yet somewhat controversial – digital currency.Mark Cuban: People Aren’t Using BTCIn a recent interview, Cuban again took a stab at the number one cryptocurrency in the world by market cap. He says that at the end of the day, it only has one real problem – people aren’t using it.Right now, bitcoin is mostly used for speculation. A means of growing...
Read More »60 Million People in the U.S. Are Freelancing: Is It the Future of Labour Market?
In the modern world with an incredibly high level of technological development more and more people use tech benefits in building their careers. Instead of daily commuting to and from work, they choose to freelance. Some are quite skeptical about such a way of earning money and believe that freelancing is more about something you do when you can not get a real job. However, they are wrong, and we are going to prove it.Freelancing is a fast and affordable way to start earning an income from...
Read More »Erik Finman Provides Crypto to a School in Africa… Through Outer Space
In the past, Live Bitcoin News has reported on Erik Finman, a 20-year-old high school dropout who became a serious bitcoin connoisseur. Now, he’s using his knowledge and power in the crypto industry to send digital currency to the residents of Ghana through space as a means of providing citizens with appropriate financial means.Finman Sees the Power of CryptoThe “crypto space drop,” as it has come to be known, occurred in early November. Finman beamed the cryptocurrency into a string of...
Read More »R3 Announces Succesful Completion of the Largest Blockchain Trade Finance Trial on Corda
New York-based enterprise blockchain technology company R3 has just successfully completed its largest finance trial test, according to a recent announcement. The move was a trial of the Marco Polo Platform for Open Account Trade Finance by R3 and was hosted on the company’s Corda blockchain.According to the announcement, the test had participation from more than 70 organizations across over 25 countries and five continents. It also had more than 340 participants and big names from several...
Read More »Scared Investors Need to Know Where the U.S. Stock Market Is Headed in 2020
Top investment strategist Jeff Saut has a crystal ball to predict the future as regards where the U.S. markets are headed. Sources indicate that in spite of the new highs that stocks have been reached in the past few years, many investors are still overly cautious. They are afraid that the “ball will drop” and that markets will reverse course in a new global financial crisis reaching levels that occurred only just a decade ago when the United States Sub-Prime Mortgage markets went bust.Jeff...
Read More »Ethereum 2.0 Could Be Launched on July 30, 2020
While there really isn’t anything too definite about a release date for the new Ethereum 2.0 upgrade, there’s a strong enough suggestion by an insider. Ethereum Foundation core researcher and Ethereum 2.0 contributor Justin Drake started a GitHub discussion on Saturday about when Ethereum 2.0 should be launched.On the official Ethereum repository, Drake began the thread by saying:“(For discussion.) July 30, 2020, is Ethereum’s fifth anniversary, a natural candidate schelling point for...
Read More »Will the Payments Sector Unite or Divide over Cryptocurrency Adoption?
Traditional payment companies seem to be taking vastly different approaches to cryptocurrencies. Earlier this year, it seemed like PayPal was about to blaze a trail in the space by working with Facebook on Libra, although it later pulled out. Elsewhere, more forward-thinking firms like Revolut and Skrill have embraced crypto, while Monzo has issued a firm “no,” and Stripe has backed away.So, what exactly is going on in this tumultuous relationship between payment firms and cryptocurrencies,...
Read More »Is There a Possibility that Bitcoin Would Crash to $1000?
Since Bitcoin is picking up footing in the prevailing press, numerous doubters and business analysts have guaranteed that the crypto space takes after the Dot-com blast and downturn in the early years.Bitcoin is exchanging simply above $7,000, 70% lower than its ATH while reliably recording BTC strength at 70%. As indicated by an exhaustive investigation, the long term Bitcoin could drop to $1,000 which shows comparative examples for the NASDAQ dot-com bubble. A bounce-back can give a...
Read More »