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Bitcoin Could Hit $11,000 in June 2020; Here’s Why

Bitcoin is correcting lower after testing $10,000 as its local top.But a confluence of technical and fundamental catalysts could flip the cryptocurrency’s direction towards $11,000.They include a Symmetrical Triangle formation, the Sino-U.S. geopolitical conflict, and the Federal Reserve’s unlimited fiscal support.Bitcoin is correcting lower in the final week of May

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Bitcoin Risks Falling to $8K Ahead of June Due to These Technical Factors

Bitcoin price fell 9.9 percent last week to log its most significant decline since the second week of March 2020.The cryptocurrency rebounded higher in Europe and Asia session Monday after testing interim support near $8,750.The jump accompanied thin volume, raising the possibilities of a negative breakout ahead of June.Bitcoin was

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Polymath Eyes June Testnet Launch for New Blockchain Designed for Security Tokens

Polymath is closing in on the launch of the first test network for its new blockchain – one designed to bring new safeguards for financial institutions working with security tokens.With the Aldebaran testnet, the security token issuer is implementing a relatively new type of protocol scheme known as nominated proof-of-stake

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