Bitcoin is on Shaky Ground as Analysts Target Move to Lower Lows
Bitcoin’s price action has been flashing warning signs to investors throughout the past few days, with buyers and
Read MoreBitcoin’s price action has been flashing warning signs to investors throughout the past few days, with buyers and
Read MoreAccording to Asia Kyungjae, at least 44 employees of an unnamed South Korean Blockchain company recently tested positive for COVID-19. The employees have since been quarantined.The report states that the company is based in the southern Gwanak District of Seoul; a well-known hub for large tech companies. Some are concerned
Read MoreEthereum is still holding the key $240 support zone against the US Dollar. ETH price is also facing an uphill task near the $248 and $250 resistance levels.Ethereum is consolidating in a range above the $240 support and the 100 hourly simple moving average.The price must gain strength above the
Read More[sociallocker id="55298"] Over the past few months, India’s cryptocurrency market has continued to be in a constant state of flux. From crypto bans imposed by the country’s central bank to a historic ruling by its Supreme Court to lift that ban, for most onlookers it appears that India’s crypto market
Read MoreThe scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms announced they were backing off. Meanwhile, Tron CEO Justin Sun, who has recently acquired
Read MoreThe S&P 500 Index on Monday recovered from its worst week since the 2008 financial crisis, lifted by hopes that the central bank would introduce stimulus programs to offset the economical slowdown caused by the growing Coronavirus pandemic. But the intraday recovery alone cannot guarantee a full-fledged bull run, according
Read MoreMeanwhile, Luke Dashjr, veteran bitcoin coder, argued on Twitter that there are other aspects of mining centralization that still need to be addressed. For example, the fact that only a handful of companies produce mining hardware, the computers made specifically for producing bitcoin, is also a grave threat to decentralization. Source
Read MoreBitcoin (BTC) and cryptocurrencies are causing some confusion for regulators globally. Designed usually as peer-to-peer payment platforms, cryptocurrencies seek to improve trust, security and privacy by significantly reducing or eliminating third parties. However, by connecting users directly, cryptocurrencies make regulatory oversight far more complex. The regulatory control that most governments
Read MoreThe cryptocurrency market continues to carry over the bearish trend from the past year, while showing some signs of recovery, now and then. The recent price trends haven’t helped much in building the investors’ confidence, which is a need of the hour at this time. However, these conditions prevailing conditions
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