Cryptocurrency Analysis and News Portal
Highlights:Booming global panic could prompt Bitcoin traders to break long-term support trendline.A key technical indicator is confirming a breakdown towards $6,500, bitcoin’s reliable price floor during the 2018 crash and also the 2019’s bottom.Bitcoin is risking declines to as low as $6,500 as panicked sellers threaten to break a long-term
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A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced its emergency stimulus interest rate cut last week.In an announcement on March 10, Figure Technologies — which claims to be the industry’s first fintech to bring
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The Silicon Valley crypto startup cLabs, focused on mobile payments and the Celo blockchain project, is following another precedent from Facebook’s Libra playbook by launching an industry association through a separate Celo Foundation.Dozens of blockchain companies and investors – including Libra Association members Coinbase, Andreessen Horowitz, Bison Trails and Anchorage
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Decentralized finance project Paradigm Labs — backed by veteran crypto investors Polychain Capital, Dragonfly Capital, and Chapter One Ventures — is shutting down.In an announcement yesterday, March 10, CEO and co-founder Liam Kovatch said the closure was due to Paradigm’s “failure to carve a viable niche in the DEX
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YouTube has deleted videos and temporarily banned the accounts of two more cryptocurrency enthusiasts citing a breach in company policy.Earlier this week, cryptocurrency educator "Ivan on Tech" and crypto news reporter "The Moon" took to Twitter to express their anger over being censored for what they believed were overreactions by
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On March 10, major South Korean cryptocurrency exchange Bithumb announced it has partnered with crypto forensics firm Chainanylsis following the passing of new Korean crypto regulations.Bithumb will employ Chainalysis’s “Reactor” investigations tool to examine suspicious activity on its platform in a bid to comply with Korea’s recently amended Special
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On March 11, the co-founder of decentralized login service provider TorusLabs, Zhen Yu Yong (Zen), tweeted that he had been diagnosed with coronavirus COVID-2019.Zen urged people who may have been in contact with him during the ETHLondon hackathon held from Feb. 28 until March 1, or the Ethereum Community
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Ethereum-based synthetic asset issuance platform Synthetix is adding new features, which includes derivatives trading.In a March 10 blog post, Synthetix announced plans for trading in binary options in the third quarter of this year. Binary options are a type of derivative financial product where the buyer either receives a
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Google searches can reveal a lot about the perception of the masses when it comes to bitcoin. This post examines two popular
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Bitcoin is facing a crucial resistance near $8,200 against the US Dollar (as discussed yesterday). BTC price could trade in a range for a few sessions before the next move.Bitcoin is trading in a bearish zone below the $8,200 resistance area against the US Dollar.The bulls are putting up a
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