Cryptocurrency Analysis and News Portal
Traders look towards altcoins and equities as volatility dips in a quiet July bitcoin market. Bitcoin (BTC) trading around $9,185 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours.Bitcoin’s 24-hour range: $9,153-$9,279BTC below 10-day and 50-day moving average, a bearish signal for market technicians.Bitcoin trading on
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Minutes ago, the Twitter account of Tesla CEO Elon Musk sent out a suspicious message involving Bitcoin. The message read: “I’m feeling generous because of COVID-19. I’ll double any BTC payment sent to my BTC address for the next hour…” Attached was a Segwit Bitcoin address. The message garnered thousands of likes and
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With Bitcoin trading sideways for so long and volatility dropping to such uncharacteristic lows, crypto analysts are watching the Bollinger Bands closely. Even the tools creator has since spoken out about the current price action in BTCUSD. In the past, when he speaks, a major move often follows. Is it once
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NASCAR driver Darrell “Bubba” Wallace will be sporting a bitcoin logo on his car and uniform during upcoming races. Twitter and Cash App founder, Jack Dorsey, tweeted a few pictures that revealed the new sponsorship, as he displayed the bitcoin symbol and Cash App logo design layout on the
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The price of Chainlink’s LINK token has increased 480% since the beginning of 2020/ These three key metrics may explain its rise.LINK price 2020. Source: Nomics.Is it another pump?Chainlink has been in the news a lot over the past several months with a number of partnerships and integrations. However, whenever
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PBoC confirmed it will be testing a mobile application for storing and exchanging the digital yuan, after screenshots circulated on social media. Internal tests will be done in Shenzhen, Suzhou, Xiong’An, and ChengduThe People’s Bank of China (PBoC) said it is intending to add the Tencent-backed food delivery giant Meituan
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Blackjack pro Steve Wynn predicts that the XRP design and increased adoption will push the coin’s price to $10,000, though some analysts make bearish comments.Steve Wynn, a real estate businessman and a successful gambler, has revealed that the XRP design supports a $10,000 value. The legendary Blackjack pro let out
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Grayscale Investments has just released its quarterly report which shows that institutional demand for Bitcoin and other digital assets is still on the rise despite the lack of action from Bitcoin price (BTC). The report shows that Grayscale had yet another record quarter for its digital asset products with $905.8
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Quick take:Traditional markets have reacted positively to news of a possible COVID19 vaccine by Moderna.The optimism should spread to Bitcoin as BTC is highly correlated to the S&P 500.Since mid-June BTC has suffered from a lack of volatility.The inventor of Bollinger Bands, John Bollinger, has suggested a move by BTC
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China will trial its digital yuan with a mega food retailer, U.S. bills are seriously threatening online privacy and an a16z alum is launching a venture firm focused on distributed tech. Here’s the story: Trial PlanChina wants to trial its digital yuan with online food seller Meituan-Dianping as well as another two Tencent-backed companies. The
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