Tag Archives: News

Bitcoin cash price is currently recovering and trading above $210 against the US Dollar.The price is struggling to gain momentum above the $222 and $226 resistance levels.There is a major bearish trend line forming with resistance near $222 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a nice upward move above the $221 and $222 resistance levels.Bitcoin cash price is showing positive signs above the $210 level against the US Dollar. BCH/USD is likely...

Bitcoin is continuing its price falls, and many analysts find themselves disagreeing over whether the currency will bottom out soon.Bitcoin: When Will the Drops Cease?Over the past two weeks, the world’s leading cryptocurrency has lost more than $2,000 in value. During the early portion of November, bitcoin was trading for well over $9,000 following positive blockchain comments from Chinese president Xi Jinping and Bakkt’s sudden surge in business.However, from there, the currency has...

It’s happened again, folks. Another person is now facing prison time for taking part in an alleged initial coin offering (ICO) scam that has seemingly cheated people out of their hard-earned funds.Why the ICO Is Not a Trusted Funding MediumMaksim Zaslavskiy – who hails from Sheepshead Bay in New York – has been sentenced to a year-and-a-half in federal prison by a Brooklyn-situated court for lying to investors that took part in his token sale. This is being reported as the first...

Well, bitcoin is struggling heavily as of late. The currency has dropped by more than $2,500 in the past couple of weeks, and it’s now trapped in the $7,000 range.Bitcoin: Still the “Go-To” Financial ToolAnd yet, many analysts say that investors are not likely to give up the currency altogether and will still flock to bitcoin and other forms of crypto in droves. Mike McGlone, a senior commodity strategist at Bloomberg, even goes so far as to say that bitcoin is no longer an object for pure...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBitstop is propelling the Bitcoin terminalsThe BTC will become successful only if it is used in real life — BakktOn W1, the Bitcoin keeps developing an impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth balancing the price. Perhaps the new ascending impulse coming soon will not be as large, however, before that we will see the renewal of the minimum. The...

Ethereum (ETH), the largest altcoin by market capitalization, rose 4.5% at the time of publication, trading at $ 151.00. The total cryptocurrency market limit was $ 205.5 billion, due to losses that previously sent it below $ 190 billion.Ethereum value has been very missing recently in spite of strong establishments and a developing decentralized ecosystem. The second-biggest crypto resource on the planet is so miserably attached to its more seasoned siblings that it might take some time...

While major economies across the globe are pushing for blockchain adoption, Asia’s third-largest economy India is having similar plans. As per the latest report from India Times, the government of India is working on a national blockchain strategy.On Wednesday, November 27, the publication reported that India’s Ministry of Electronics and Information Technology (MeitY) is considering the application of blockchain technology across multiple sectors like banking, governance, finance,...

Multinational banking and investment institution JP Morgan has expressed extreme confidence in the possibility that stocks in the Asian market will perform quite impressively as 2019 ends and 2020 begins. The company believes Asian equities are going to blossom, specifying that India and South Korea are fully set to take the lead.Speaking to CNBC on Monday, JP Morgan’s head of Asia ex-Japan equity research James Sullivan, said the JP Morgan camp is “bullish on Asian equities”, suggesting...

Now it what may be a breakthrough for the Ethereum blockchain a blockchain advisory and product development firm Akomba Labs has offered a solution that allows the creation of blocks on the Ethereum blockchain twice as fast as before. Sources indicate that Akomba Labs in collaboration with BloXroute ran “BloXroute’s” Blockchain Distribution Network” on a Singaporean-based Ethereum node between November 11th and November 27th. The results showed that the blockchain propagation time dropped...

Popular stock-trading startup Robinhood has decided that it is no longer interested in becoming a federally insured bank. Months ago, the company applied for a bank charter with the Office of the Comptroller of the Currency (OCC), in an effort to become a fully-fledged bank but has now decided to shelve said plans.According to the statement, the company has taken this step to shift its attention away from banking to its own core business directed at improving the efficiency of the financial...