Cryptocurrency Analysis and News Portal
The Dow Jones fell 220 points on Monday. Apple’s stock split sparked a 4.5% surge in its shares, but it is no longer the most heavily weighted stock in the Dow. Can the Dow keep rallying without APPL leading the way? The Dow Jones fell to start the week, as Apple’s (NASDAQ:AAPL) stock
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Bitcoin (BTC) price dropped by as much as 10% this week and while this might be scary for day traders, the 3-day chart shows the downside move hardly made a dent on the current market structure.This holds especially true when considering that the $12,500 level hasn't been touched in over
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When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily. On today’s edition of The Breakdown’s Long Reads Sunday, our selections have to do with one of the hottest topics in central banking: yield curve control. “What Is Yield Curve Control?”The first piece is from
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Chainlink has seen a swift rebound today after posting some intense weakness yesterday. This has allowed it to
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Blockchain startup The Graph has launched a new incentivised testnet called Mission Control — where indexers will operate
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Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch.Reserve Bank of Zimbabwe Suspends Mobile Money ServiceOwned by banks, Zimswitch
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Even taking Bitcoin’s Monday pump from $9,000 to $9,400 into account, the cryptocurrency is still in a macro consolidation.Some traders have joked that considering the length of BTC’s consolidation already, it could go on for months longer. One trader, in fact, postulated that it may be until late-Q3 or Q4
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Canaan Creative’s stock dipped below $2, its lowest price since the firm went public in November. Experts say demand for new mining equipment may have weakened after the Bitcoin network’s halving event in May. Meanwhile, the U.S. Air Force is using a blockchain startup to monitor its supply chain logistics, and an
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After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.Despite this strong drop, analysts assert that bulls still remain in
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The COVID-19 crisis has shown even a greater need for reliable and open data that is verified by the blockchain and smart contracts and Belgium’s Blockchain
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