Cryptocurrency Analysis and News Portal
Bitcoin Price Hovering Round $10K, But Could Rally Again August 19, 2019 by Ramiro Burgos Seriously, what’s the deal with the bitcoin price? At the moment it’s hovering sideways around the $10,000 USD mark even while indicators weaken. But as our weekly technical analysis shows, this could prompt another bullish
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The total crypto market cap lost $25.8 billion of its value during the last seven days and now stands at $271.5 billion. The top 10 currencies are all in red for the same time frame with Litecoin (LTC) and EOS (EOS) being the worst performers with 15.1 and 12.3 percent of loses
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Norfolk Constabulary (local police) in the U.K. has recently announced that a 19-year-old man was sent to twenty months in prison and was also required to pay back more than £400,000 by Norwich Crown Court for hacking services that he had provided in exchange for crypto payments.According to Norfolk Police,
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VeganNation, has closed on a $10 Million funding round from private investors and is ready for the global debut of the VeganNation platform on webapp, iOS, and Android. VeganNation is the first ecosystem of vegan activists working together to make a positive impact on the environment. The platform uses Blockchain
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China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay.Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS Group Research, said Beijing could profit from the appeal of
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The Takeaway: Telegram’s long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market. Telegram has yet to publicly or formally acknowledge the project,
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Another step forward for the crypto industry. Silvergate Bank is turning up the heat in its latest initial public offering (IPO) update, aimed at scaling the crypto sphere by providing funding to crypto firms – both startups and established companies.Struggling crypto companies or startups that are looking to expand their
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Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such
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On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet.Experimenting with LibraAccording to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The developers also noted that
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Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar.The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600.There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from
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