Cryptocurrency Analysis and News Portal
Bitcoin (BTC) mining will not face a state crackdown in China, authorities have confirmed in new official documents. As noted by Blockstream CSO Samson Mow and others on Nov. 6, mining no longer features on a list of industries Beijing considers undesirable. “Bullish for Bitcoin”The change came via a new
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Bitcoin price is holding a couple of important supports near the $9,200 level against the US Dollar.The price is likely to accelerate gains if there is a clear break above the $9,400 and $9,500 levels.There is a major breakout pattern forming with resistance near $9,375 on the hourly chart of
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The total crypto market cap is holding a key support near the $240.0B and $238.0B levels.Stellar (XLM) price surged in the past few days and settled above the $0.0800 resistance.Bitcoin cash price is up more than 2% and it is approaching the $300 resistance area.Tron (TRX) price is currently correcting
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Tradewind Markets has launched a new system on its platform to track the provenance of its physical gold and other precious metals.On Nov. 5, Coindesk reported that Tradewind Markets, a blockchain-based digital trading platform launched its latest solution Origins. The digital tool provides supply chain provenance to buyers and
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Just recently the web portal Bitcoinbch.com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide
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Ripple price is holding a couple of important supports near $0.2980 and $0.2960 against the US dollar.The price is facing a couple of hurdles near the $0.3020 and $0.3040 levels.There is a key breakout pattern forming with resistance near $0.3010 on the hourly chart of the XRP/USD pair (data source
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The core development team of blockchain platform Æternity announced the release of the software of its latest hard fork, namely Lima.Æternity announced in a press release published on Nov. 5 that the introduction of Lima improves the network’s virtual machines, governance and naming system. The purpose of the update
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Ethereum price is trading nicely above the $185 and $186 support levels against the US Dollar.Bitcoin is holding the $9,200 support, but it is facing hurdles near the $9,400 level.Yesterday’s highlighted key bullish trend line is active with support near $186 on the hourly chart of ETH/USD (data feed via
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Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks.Joining the XRP ecosystemOn Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that will enable the company to bring a “wealth of resources and partners to
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Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage.On Nov. 5, the Arweave project reported that it had attracted world-leading funds in a $5 million investment round led by Andreessen Horowitz’s a16z Crypto, with the participation
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