Cryptocurrency Analysis and News Portal
The world’s largest semiconductor manufacturer and third-largest chip manufacturer, Taiwan Semiconductor Manufacturing Co., or TSMC, has announced plans to build a $12 factory in Arizona.The move comes after TSMC suffered significant disruptions across its supply chain amid the coronavirus outbreak in China.With Bitmain relying on TSMC for its next-generation chips
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Bitcoin is attempting to start a fresh increase above $9,000 against the US Dollar. BTC price could either rally above $9,000 or start another decline towards $8,400.Bitcoin is facing a major resistance near the $9,000 and $9,020 levels.The price is trading above the 100 hourly simple moving average, but struggling
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The past few days have undoubtedly been bullish for Bitcoin, with the cryptocurrency ripping over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours.This stunning rally has brought the cryptocurrency above some key resistance levels pointed out by traders. One trader
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A memorandum published by the United States Department of Homeland Security (DHS) has named “blockchain managers” among the nation’s “essential critical infrastructure” workers.On March 19, the DHS’ Cybersecurity and Infrastructure Security Agency (CISA) published a memo emphasizing the “special responsibility” of workers within a “critical infrastructure industry” to maintain
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Ethereum is consolidating above the $220 support area against the US Dollar. ETH price is likely start a major upward move above the $228 and $235 resistance levels.Ethereum is forming a nice bullish formation above the $220 support area against the US Dollar.The price is likely to start a major
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Bitcoin struggled to stay above $9,750 and declined towards the $9,500 support against the US Dollar. BTC price could decline heavily if it settles below the key $9,500 support.Bitcoin price struggled to continue higher and declined below $9,750 against the US Dollar.A strong support is forming on the downside near
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Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems
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Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.Related Reading: Ethereum Explodes 15% Higher to $250 in 1 Day: Are More Gains Imminent?Bitcoin’s Booming Open Interest May Set Stage for
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Wuhan reportedly has cured patients with coronavirus by injecting plasma from recovered individuals. The breakthrough could help minimize the outbreak in key areas like Hubei. President Xi Jinping said China is seeing progress in combating the outbreak. Wuhan is said to have treated individuals in critical condition affected by coronavirus by injecting blood
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Institutional Bitcoin (BTC) trading platform Bakkt has announced it has launched its custody feature for its entire client base following regulatory approval.Bakkt: custody is “critical link” in BTC adoptionIn a blog post on Nov. 11, Bakkt said it had received the go-ahead from the New York Department of Financial
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