Tag Archives: News

Ethereum price started an upward move and climbed above the $175 resistance against the US Dollar.ETH price is currently consolidating above the $180 level and it could continue to rise.There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart (data feed from Coinbase).The price could climb higher significantly and it may perhaps break the $185 and $190 resistances.Ethereum price is gaining bullish momentum above $175 against the US Dollar. ETH price...

The Catalonian government has decided to go in the direction of decentralized systems to implement their identity solutions. The so-called Self-Sovereign Identities (SSIs) will run off its own fully independent decentralized ledger system.The project which has been called “IdentiCAT” will not be controlled by the government. Catalonians both home and abroad will have access to their Data and be able to choose who they share they share what with. Catalan President Quim Torra said in a press...

Bitcoin mining equipment manufacturer Bitmain has launched two new ASIC machines for miners to enjoy. With roughly 18 million of 21 million BTC units already extracted, the world of bitcoin mining is getting rather tough and competitive, and the introduction of new equipment is likely to add strain to an already up-and-down industry. Bitmain Is Making Its Mark Once AgainIn addition to Bitmain’s machines, a new air-cooled mining container released by Northern Bitcoin based in Frankfurt,...

Dutch millionaire John de Mol, who created the hit reality television program “Big Brother,” is suing Facebook over phony bitcoin ads. He’s now asking the court to issue a ruling on the case.De Mol Wants the Courts to InterveneFacebook has been at the center of controversy for several years, starting with its alleged ties to Cambridge Analytica which were discovered in 2018. Facebook had purportedly been selling users’ private data to third parties for advertising purposes. Mark Zuckerberg...

Jack Dorsey, the controversial CEO of Twitter, needs to make up his mind once and for all about bitcoin. Last year, the social media mogul said that the currency would be the only form of money available to people in about ten years. Now, he’s saying bitcoin doesn’t work as money. Which one is it, buddy? Is bitcoin going to work as a currency or won’t it? Hey Dorsey… Which One Is It?Dorsey seems to be all over the map in many ways. For one thing, Twitter is still getting a lot of flack for...

Ripple price is forming a support base near the $0.2475 level against the US dollar.The price is currently struggling to surpass the key $0.2650 and $0.2660 resistance levels.There was a break above a major bearish trend line with resistance near $0.2615 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could start a solid upward move if it manages to break the $0.2650 and $0.2660 resistances.Ripple price is consolidating in broad range below $0.2650 against the US...

Off Chain Labs, a startup focused on enterprise, is launching Arbitrum, a new Ethereum scaling solution, to the public. The company is also garnering funds from Coinbase Ventures. Off Chain Labs Looks to Improve EthereumMany likely see Coinbase only as a cryptocurrency exchange, but it has grown into so much more. Coinbase Pro, for example, is a platform designed for institutional investors, while Coinbase Ventures looks to invest in new blockchain and digital currency-based startups. While...

A bitcoin scavenger hunt is coming to university campuses this fall. Known as Satoshi’s Treasure, college students will have the chance to search for a $1 million BTC prize. Satoshi’s Treasure Is Here for Players to EnjoySatoshi’s Treasure is operated, as one source puts it, by a “mysterious company based on a tropical island.” Thus, it’s important to note right away that there’s likely to be some risk involved with the venture. Not much is known about the company beforehand, so students...

Analysts are predicting that bitcoin could reach $20,000 by the time the holiday season rolls around. A Big Bitcoin Boom Is ComingJust think. By Christmas, everybody’s favorite cryptocurrency could be worth a whopping $20,000. This wouldn’t be the first time. The currency nearly struck this mark by the end of 2017, and what’s interesting is that by this time that year (September), bitcoin was trading for about $5,000 per unit. At press time, it’s more than double this amount. Naturally, this...

Bitcoin price makes a retreat on Sunday's trading. | Source: ShutterstockThe bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar.Bitcoin price dropped by more than six percent since weekly high at over $10,900 (source: coinmarketcap.com)Previously, when the bitcoin price initially made its way to $10,900, a level that has been considered to be a heavy line of resistance since early August, some technical...