Tag Archives: News

Chinese national college exams have reportedly included questions about cryptocurrencies in one of the test papers. About ten thousand applicants have to answer a question concerning Bitcoin mining in July this year.“Why Bitcoin Miners Would Cluster In The Province Of Sichuan?”As announced, the question looks for an analysis of the economic geography in Sichuan province and how it reflects on the Bitcoin mining industry in the region. This year’s national college tests’ edition, known as...

EOS price is trading above a couple of key supports near $2.700 against the US Dollar.The price is likely to start a strong increase if it clears the 55 simple moving average (4-hours) and $2.800.There is a major contracting triangle forming with resistance near $2.775 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline heavily if it breaks the main $2.650 support zone in the near term.EOS price is showing positive signs above $2.650 against the US...

Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...

If you live in Australia or New Zealand, you can buy a Coke with bitcoin thanks to the work of a cryptocurrency company known as Centrapay.Centrapay Opens the Door to BTC PaymentsRemember what a big deal it was when bitcoin was used to purchase pizza roughly ten years ago? While the transaction itself is not that important, the idea behind it is. This is because bitcoin was originally designed to be a method of payment, alongside most of the world’s cryptocurrencies. However, it has...

Market analyst Alessio Rastani is bullish about both the U.S. stock market and bitcoin.Alessio Rastani: You Probably Shouldn’t Buy for a BitWhen it comes to stocks, however, he’s a little more unsure and believes that the currency is entering a “risky zone.” He doesn’t believe that the monster-sized crash that arrived in March was a correction, as so many other analysts have claimed. In his eyes, the crash came on too quickly and was too large to amount to a simple correction of sorts. He...

Bitcoin has undoubtedly suffered this year thanks to the economic onslaught caused by the coronavirus, but according to one analyst and investor, the cryptocurrency is about to make a monster-sized comeback, and could reach as high as $75,000 in the coming weeks.Bitcoin Could Hit the $75K MarkAccording to Timothy Peterson – financial analyst and Cane Island alternative – the world’s number one digital currency is mimicking the behavior it exhibited seven years ago in the year 2013. According...

ADA price traded to a new monthly high at $0.0903 before correcting lower against the US Dollar.The price is currently trading below the $0.0850 level and the 55 simple moving average (4-hours).There is a key declining channel or a bullish flag forming with resistance near $0.0850 on the 4-hours chart (data feed via Kraken).The price could dive sharply towards the $0.0750 support or $0.0720 before a fresh increase.Cardano price is trading nicely in an uptrend against the US Dollar and...

Bitcoin price started a downside correction from the $10,420 swing high against the US Dollar.It tested the $9,280 region and currently trading nicely above key supports.There is a key bullish trend line forming with support near $9,540 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above the $9,280 swing low.Bitcoin price is trading in a nice uptrend above $9,540 and $9,300 against the US Dollar. BTC could...

The mystery surrounding Satoshi Nakamoto, the pseudonymous creator of the world’s number one digital currency by market cap (bitcoin), has just gotten a whole lot weirder.What Did Nakamoto Do Before BTC?The latest prediction surrounding Nakamoto’s identity suggests that the infamous bitcoin developer potentially had ties to some very shady individuals. Escobar Inc. – a company associated with Pablo Escobar, a Latin American drug lord – is claiming that Nakamoto may have done some work for the...

According to some analysts, bitcoin will potentially hit a price of $300,000 in the coming years even without institutional assistance.Institutional Players: Their Job Is OverratedUp to this point, it was long figured that institutional players were necessary to bring a level of legitimacy to bitcoin. This would ultimately be one of the main touches in making the currency mainstream and placing it alongside gold as a store of value.One of the reasons that many of these investors have been...