Here’s Why Analysts Expect Ethereum To Surge Towards $200
Jan24

Here’s Why Analysts Expect Ethereum To Surge Towards $200

Over the past week, Bitcoin, Ethereum (ETH), and other leading digital assets have finally begun to stall. The price of these assets have tanked across the board, losing over 10% since the highs put in last week. Despite this, analysts are certain that the outlook for some cryptocurrencies remains bullish. Specifically, one trader recently noted that ETH is poised to burst higher, at least from a medium-term perspective. Ethereum’s...

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$20,000: This Pattern Suggests Bitcoin Could Rally 135% in Coming Months
Jan24

$20,000: This Pattern Suggests Bitcoin Could Rally 135% in Coming Months

Bitcoin has been stuck within a consolidation phase for the past several days, which was first seen when the crypto was ranging around $8,600. This was followed by a range expansion when BTC dipped to lows of $8,200 overnight before bouncing back to the mid-$8,000 region earlier today. This bout of sideways trading may not last long, however, as the cryptocurrency could be on the cusp of a major upwards movement that leads it to break...

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Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France
Jan24

Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France

Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France after the Greek judiciary turned down a plea against his extradition. Also read: Russian Opposition Leader Navalny Raises $700,000 in...

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Sally Ho’s Technical Analysis 25 January 2020 BTC ETH
Jan24

Sally Ho’s Technical Analysis 25 January 2020 BTC ETH

Bitcoin (BTC/USD) rallied early in today’s Asian session as the pair escalated higher to the 8500.00 figure after trading as low as the 8216.71 area during yesterday’s European session.  Yesterday’s intraday low was right around the 8219.84 area that represents the 38.2% retracement of the move from 10950.57 to 6531.91.  After testing the 8590.11 area on Thursday, the pair steadily declined to the 8278.00 area after Stops were elected...

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Is Tron’s DApp Market Dependent on Gambling?
Jan24

Is Tron’s DApp Market Dependent on Gambling?

Tron’s protocol predominantly runs gambling DApps, showing a possible lack of interest in other network use cases at present. Tron has made a name for itself in the crypto asset space and DApp world, although a huge portion of the protocol’s transactions rely on the gambling industry. A hefty 17 of the top 25 most-used Tron DApps fall in the gambling category on DappRadar’s list of most popular Tron protocol-based DApps. Top 25 lists...

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Critical Resistance: Bitcoin’s Response to This Level Could Determine Its Fate
Jan24

Critical Resistance: Bitcoin’s Response to This Level Could Determine Its Fate

Bitcoin (BTC) experienced a sharp selloff yesterday evening that led its price to dip as low as $8,200 before it found a significant amount of buying pressure that sparked a sharp movement up to highs of $8,500. BTC now appears to be trading just beneath a critical resistance level that is halting it from climber higher, and a break above this level could spark a massive upwards movement. It is important to note that the...

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How Bitcoin Has Boosted These Industries Over The Years
Jan24

How Bitcoin Has Boosted These Industries Over The Years

Bitcoin is helping more industries than you may think Global companies see benefit with bitcoin How long untill Bitcoin becomes a must for large industries Cryptocurrency is an ever-growing industry which has spread throughout almost every industry. At the time of writing, there are more than 1,000 cryptocurrencies listed on exchanges and because of the decentralised nature of said currencies, they have many uses. Some of those...

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ConsenSys to Build Global Trade Platform for Agribusiness Giants
Jan24

ConsenSys to Build Global Trade Platform for Agribusiness Giants

Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected ConsenSys as a technology partner. Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected major Ethereum-focused firm ConsenSys as a technology partner. Within the partnership, ConsenSys will build an Ethereum-based blockchain platform to digitize the post-trade finance industry and bring...

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Amun AG Unveils New Bitcoin Tracking Feature
Jan24

Amun AG Unveils New Bitcoin Tracking Feature

A new kind of bitcoin exchange-traded product (ETP) is available for enthusiasts and hardcore traders to enjoy. Switzerland-based venture Amun AG has unveiled its new 21Shares Short Bitcoin ETP set to be traded on the Swiss SIX Stock Exchange. Amun Has Set Its Sights on Predicting Bitcoin’s Next Move The Short Bitcoin ETP is a tracker that claims to monitor the “opposite performance” of bitcoin. In other words, wherever bitcoin is...

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Iran Thinks It Can Outwit Trump. The Key? Bitcoin
Jan24

Iran Thinks It Can Outwit Trump. The Key? Bitcoin

As tensions mount between the United States Trump administration and the Iran regime, the rogue state has been working on a strategy to outwit the US President and get around his economic sanctions and political pressure – and it all relies heavily on Bitcoin and cryptocurrencies. Is Iran Using Bitcoin to Outwit President Donald Trump? While World War III may have thus far been averted, the tensions between the United States and Iran...

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Altcoin Dominance Has Room To Rise Before The Next Decline In Ethereum (ETH) 
Jan24

Altcoin Dominance Has Room To Rise Before The Next Decline In Ethereum (ETH) 

Ethereum (ETH) is down a lot more than Bitcoin (BTC) for the day and risks further downside. However, now that the mainstream media is all bearish on cryptocurrencies near term, as contrarians, it is time that we look at the opposite side of things. The daily chart for Altcoin dominance (Others.D) shows that it is trading within a bearish pennant that has previously led to significant further downside. Now, there is no denying that...

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Effect of CME Futures Options on BTC Price Depends on Halving
Jan24

Effect of CME Futures Options on BTC Price Depends on Halving

CME’s recent launch of BTC options on futures is already generating significant volume, but will it have any effect on Bitcoin’s price? CME Group launched new Bitcoin options on Jan. 14, which was revealed by the company’s global head of equity products Tim McCourt. The introduction of crypto options by a derivatives heavyweight in CME will further uplift the institutional infrastructure supporting the asset class. Over the long term,...

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Research Firm and Environmental Watch Dog Test World’s First Air Quality Ledger
Jan24

Research Firm and Environmental Watch Dog Test World’s First Air Quality Ledger

Citing inadequate weather data collection, an international partnership is testing an air quality ledger and trying to stem a global crisis. Citing the inadequate weather data collection, an international partnership is testing the world’s first air quality ledger and trying to stem a global crisis. Air quality as public health crisis PlanetWatch announced earlier today the battle-testing of air quality monitors linked to research...

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Huge Wave Of Bitcoin Adoption In South America
Jan24

Huge Wave Of Bitcoin Adoption In South America

Bitcoin Adoption is on the rise in South America Shows a great way how a Crypto Exchange can work South American countries have recently seen a huge wave of Bitcoin adoption and increased access to cryptocurrencies through a new partnership between a major South American banking firm and the Bitex cryptocurrency exchange. According to Coindesk: “A leading bank technology provider in Latin America is partnering with cryptocurrency...

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UK’s Lancashire Cricket Club Now Uses Blockchain Platform to Sell Tickets
Jan24

UK’s Lancashire Cricket Club Now Uses Blockchain Platform to Sell Tickets

The UK’s legendary Lancashire Cricket Club will sell tickets for all domestic and international fixtures at Emirates Old Trafford in 2020 through a blockchain-based platform. The United Kingdom’s legendary Lancashire Cricket Club will sell tickets for all domestic and international fixtures at Emirates Old Trafford in 2020 through a blockchain-based platform. In a news release on Jan. 24, the club revealed that it will use a...

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