In a recent update, leading exchange Binance announced support for staking. However, the initiative received flack from the crypto community and has also been accused of going against the spirit of decentralization. Are Users in For Maximum Benefits? Binance CEO, Changpeng Zhao (CZ) recently via a tweet announced support for staking. Some of the coins which
The Credits blockchain platform announced on September 20 that it has signed a partnership agreement with JSC IVHIMPROM on the implementation of a pilot project for supply chain management and sales monitoring using blockchain technologies. The agreement signed between JSC IVHIMPROM and Credits involves the implementation of innovative blockchain technologies for reducing supply chain tracking
Bitcoin dives under $8,000 and refreshes the new support at $7,750. The slide under the 200-day MA did not have far-reaching effects as had been anticipated. The scenario we painted using daily XBT/USD has changed slightly following Bitcoin’s price slide under $8,000. The bears extended the action to a new support level at $7,750 (on
Mike Alfred, the Co-Founder, and CEO of Digital Assets Data, recently spoke with Jill Malandrino of Nasdaq Trade Talks to discuss the underlying trend of Bitcoin. As Bitcoin’s price made a dive past $8000 last night, it seems to be losing the ‘safe haven‘ narrative which appeared to drive the price this year. He noted,
Ron Paul, one of the most pro-active US politicians, former congressman and three times Presidential candidate will join the Litecoin [LTC] summit. The organizers have also listed famed sports personalities in UFC Fighter, Ben Askren and Nascar Driver – Landon Cassil. Litecoin [LTC] Directing Focus in America? The recent development made by the Litecoin Foundation
Bitcoin took a hit about 4 days ago when it first slumped below the $10k support level on Monday 23rd of September. Interestingly, it’s fall coincided with the launch of the bitcoin futures platform, Bakkt. This was the beginning of a new bearish movement in which bitcoin rapidly dropped to new monthly lows below $9.5k which
Binance has recently released a fully supported mobile version for Binance Futures trading. The news comes just a day after the leading exchange announced Koinal integration. Futures Trading Now At The Tap Of a Button Per a recent tweet by Binance CEO, CZ, a fully supported mobile version for Binance Futures Trading has been released.
On September 25, the price of Bitcoin – the world’s leading cryptocurrency by market capitalization – dropped from just under $10,000 to slightly above $8,000 in a matter of minutes, wiping out as much as 18% of the cryptocurrency’s value. Many crypto investors have been scorn after buying in during the height of the crypto
Per recent research by Binance research, search trends of Bitcoin have shifted from West to East and most recently to Africa. Rising Crypto Adoption in Africa and the Middle East Binance Research has noted significant changes in the heat ranking of “Bitcoin” #BTC in Google search by each Country/Region from Jan 2011 to the present
Bitcoin defends key support above $8,000; reversal from the 200-day MA is likely. A falling wedge pattern could elevate Bitcoin closer to $10,000. Bitcoin has shown resilience by bouncing off key support. In the short-term this a signal for a minor reversal to the upside. However, affinity to declines will remain high as long as
Recent findings reveal that futures contracts on CME have had a plunging effect on the price of bitcoin most of the times. According to a report from Arcane Research, bitcoin and cryptocurrency analysts found out that bitcoin drops about 2.27% in price on an average ahead of CME’s monthly settlements. Bitcoin Price is Manipulated Ahead
Bitcoin bulls run out air after failing to break $8,800 resistance level. There is an obvious bounce scenario at the channel support as long BTC stays above the 200 MA. The last two days have been mundane and nerve-racking for investors and the bull day trader. The diver of over $1,500 in less than a
The selling pressure by Bitcoin [BTC] bears seems to have slowed down for a moment. The price is holding on above the 200-Day Moving average around $8340. However, analysts still predict violent moves in Bitcoin on either side. The bearish candlestick recorded on 24th September recorded a drop of about $1200. Many see this as
Cryptocurrency wallets have been a critical component of the cryptocurrency and blockchain universe. These are basically software programs that help all stakeholders of the crypto universe to hold their crypto coins and token. Be it an exchange, institution or an individual investor, no one can function without a crypto wallet. What a crypto wallet basically
Coinbase announced the expansion of support for three cryptocurrencies in the state of New York. The exchange has often avoided adding support for cryptocurrencies in the state. This is because of the stringent laws in place at the state. A BitLicense is necessary for conducting operations in New York. The state’s financial authority, NYDFS, had imposed
Jared Tate, Founder of Digibyte had recently alleged that Binance Team asked for an exorbitant amount of funds to list Digibyte on Binance. Here is the entire story behind the whole debacle which ensued. DGB Community Members Accused Of Being Chinese Spies The Binance Digibyte controversy started with DigiByte refusing to pay Binance’s listing fee.
The European Central Bank (ECB), in their latest hearing of Benoît Cœuré organized by the committee on the Digital Agenda on the topic of Digital currencies majorly focused on Libra. The testimony of Cœuré, Member of the Executive Board of the ECB, contained useful information as to the importance of a payment system like Libra
The crypto market witnessed one of the steepest falls in recent years. The bloodbath has led leading cryptocurrency Bitcoin Cash(BCH) to slip to the 5th place on CoinMarketCap. It has been replaced by stablecoin Tether(USDT). Crypto Market Takes A Steep Downturn Bitcoin [BCH] Cash, Bitcoin SV, and EOS fell the most among the top ten cryptocurrencies.
Bitcoin is just at the beginning of a treacherous dive to $4,000 or lower according to Peter Schiff. Bitcoin recovery tested $8,800 but succumbed to more losses currently risking $8,200 support. Twice in a period of seven days, Bitcoin price tested $9,300. The initial drop ensued after a failed breakout attempt at $10,400. The second
Bitcoin Network Hash rate dropping by 40% day before yesterday is probably a reporting issue. As per data from leading data provider Coin.dance Bitcoin’s hashrate plummeted from over 98,000,000 TH/s to 57,700,000 TH/s. Is a Bullish Price Trend Ahead? The flash drop remained unexplained and the more astonishing part was that Bitcoin network’s record-breaking string