Bitcoin Press Release: BOSAGORA, a next generation smart-contracting blockchain which showed impressive results in 2019, has now listed on the major South Korean exchange Bithumb. 8th March 2020, Seoul, South Korea – BOSAGORA’s native token BOA, which is governed by a democratic “Congress Network” of its users, saw a staggering 279% growth in Q4 of 2019. In 2020, the project has continued in the same vein, with BOA reaching an all time high in March. BOSAGORA’s ascendancy is especially well-timed as wider positivity in the Korean cryptocurrency market develops. On March 5th, legislators in the South Korean parliament passed legislation that provides a clear framework for cryptocurrency trading. The move is expected to bring greater certainty, security and growth to blockchain-related projects in the country, with BOSAGORA perfectly … [Read More...]
Metaverse DNA Partners with Tezos and TomoChain to Present TEK2Students, an Educational Workshop Series for IT Students in Vietnam
Bitcoin Press Release: Metaverse DNA has announced a partnership with other industry leaders to deliver TEK2Students, a workshop series that will introduce the fundamentals of blockchain technology to aspiring IT students in Vietnam. 27th February 2019, Hồ Chà Minh, Vietnam: The series will take place at the INTEK Institute of Applied Technology in Ho Chi Minh City, and will run until September 30th, 2020, with workshops held the first week of every month. Metaverse DNA will deliver a number of these workshops, giving students and other attendees an opportunity to familiarize themselves with the Metaverse ecosystem and Dualchain Network Architecture. Metaverse DNA is a next-generation digital finance ecosystem, bringing all of the most important features needed by enterprises, organizations and individuals together in one place. These features … [Read More...]
Crypto Market Turns Green with Bitcoin SV Taking the Spotlight
Bitcoin has made a decisive move, retaking the $8,000 resistance mark. Prices have continued to push to $8,200, as the world’s largest cryptocurrency continues to try and retake the $8,450 level that it experienced on January 8th. BTC did fall below $8,000 on January 9th but has seen sustained increases over the course of the day, today, and looks set to push further. Optimistic traders have suggested that a parabolic price movement could now be on the cards. The rest of the crypto market also returned profits against the dollar, with the controversial Bitcoin SV fork taking the plaudits thanks to a nearly 50% price gain on the day. Bitcoin SV has now overtaken Litecoin in market capitalization, although this could change as prices continue to … [Read More...]
Week ahead – It’s a trade deal!
What a start to 2020! It’s been a rather eventful first week of the year for financial markets and while next week may not be quite so action-packed, when it comes to the current climate, who knows what’s around the corner. As far as the coming week goes, politics will continue to dominate but there are some interesting central bank meetings, as well as a few interesting economic releases that will certainly draw attention. The signing of the US-China phase one trade deal will naturally be all over the front pages next week. Let’s face it, it’s about time. But it’s this week’s events in Iraq and Iran that people may be more interested in at this stage. Both sides may have shown a willingness to … [Read More...]
Bitcoin (BTC) Price Weekly Forecast: Risk Of Fresh Drop To $10,500
After a decent rise, bitcoin price topped near the $12,325 level against the US Dollar. The price is currently correcting lower below $11,500, with a bearish angle. There was a break below a crucial contracting triangle with support near $11,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently holding the $11,200 support, but it could extend its decline to $10,500. Bitcoin price is currently correcting gains from $12,325 against the US Dollar. BTC price could correct lower towards $10,500 before it could rise again in the near term. Bitcoin Price Weekly Analysis (BTC) In the past few days, there was a decent rise in bitcoin price above the $11,000 resistance against the US Dollar. The BTC/USD pair… [Read More...]
Bitcoin (BTC) Price Weekly Prediction: Indicators Suggest Rally To $9,000
There was a strong buying interest for bitcoin near the $6,800 support area against the US Dollar. The price started a fresh increase and broke the $7,000 and $7,500 resistance levels. There was a break above a major contracting triangle with resistance near $7,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is eyeing a strong rise and it could trade above $8,500 and $8,800 in the near term. Bitcoin price is up more than 10% after a strong downside correction against the US Dollar. BTC is now eying further upsides and it could even test the $9,000 resistance area. Bitcoin Price Weekly Analysis (BTC) This past week, bitcoin price rallied significantly above the $7,000 resistance against the US Dollar… [Read More...]
About That Orange B… The History of Bitcoin’s Logos
Can a logo symbolize the ethos of a project? An industry? An entire movement? Bitcoin’s might have come close. [Read More...]
Bitcoin Surges past $7,000 and Looks for Further Gains
Some traders are claiming alt season is upon us, as Bitcoin prices rose 15% in the space of 24 hours, pushing through resistance at $6,800 and $7,000 to trade at prices not seen since last September. Other top cryptocurrencies saw similarly impressive gains over the period. Facebook, who are heavily involved in developing their own cryptocurrency, has reversed its previous decision banning all cryptocurrency advertising, and most analysts are now looking forward to further gains for the whole market. When Facebook announced that it would ban cryptocurrency advertising in January 2018. This coincided with one of the worst months for the digital asset, shedding nearly 40% of its value. At the same time as the Facebook crypto ad, several Asian countries suggested that they would heavily regulate cryptocurrency trading, … [Read More...]
Mastercard has approved the first crypto debit card in Europe
Tap n Go (TAP) has partnered with Transact Payments Limited (TPL) to provide the Tap Prepaid Mastercard® that will allow customers to convert Crypto Assets held with TAP for spending wherever Mastercard is accepted. The TAP accounts with multiple crypto and fiat wallets and will have access to real time crypto trading with numerous exchanges, … Continue reading Mastercard has approved the first crypto debit card in Europe The post Mastercard has approved the first crypto debit card in Europe appeared first on CoinSpectator Blog. [Read More...]
Bitcoin (BTC) Price Could Test $6,500 Before Strong Correction
There were heavy gains in bitcoin price above the $5,500 pivot and resistance level against the US Dollar. The price rallied above the $5,700 and $5,800 resistance before there was a minor downside correction. There is a key connecting bullish trend line in place with support at $5,610 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently in a strong uptrend and it could trade towards the main $6,500 resistance level. Bitcoin price gained significantly above the $5,600 level against the US Dollar. BTC is likely to break the $6,000 and $6,250 levels before it could start a substantial downside correction. Bitcoin Price Weekly Analysis (BTC) This past week, there was a significant upward move in bitcoin price above… [Read More...]
Bitcoin Price Analysis: Selling Pressure Leaves Macro Level Untested
Summary:The bullish market structure that we have established over the last couple of weeks remains intact, despite the strong round of selling that the bitcoin market saw a couple of days ago.The weekly 50 exponential moving average (EMA) is currently in the process of being tested but the market has been unable to close a weekly candle above it.The intraday levels have shown support following the round of selling.If the current levels do not hold, we can expect to see a test of the $4,700s as we haven’t tested its support following our strong breakout.Trading and investing in digital assets like bitcoin is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment… [Read More...]
Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?
Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.The Antminer S17 is the latest in the company’s line of fabless mining chips. According to the post, the chips, which are expected to go on sale from April 9, 2019, will provide an energy-efficient means of mining popular cryptocurrencies such as bitcoin and bitcoin cash.The miners will be fitted with the 2nd generation 7nm ASIC BM1397 mining chips which Bitmain claims would provide a 28.6 percent improvement in power efficiency.According to Yanxin, Bitmain’s product manager, the improved energy efficiency of the S17 miners will lead to "improved performance compared to the previous generation chip"… [Read More...]
Bitcoin (BTC) Price Still In Strong Uptrend, Buying Dips Favored
Bitcoin price traded to a new monthly high at $4,064 and later corrected lower against the US Dollar. The price declined sharply below $3,950, but dips remained supported above $3,900. There is a crucial bullish trend line formed with support at $3,920 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported on dips near the $3,920 level and the 100 simple moving average (4-hours). Bitcoin price is still in a strong uptrend despite recent bearish moves against the US Dollar. BTC/USD is likely to find a solid buying interest if it dips towards $3,940 or $3,920. Bitcoin Price Weekly Analysis (BTC) This past week, there was a decent upward move above $4,000 in bitcoin price against the… [Read More...]
Could Online Gaming Aid the Growth of Cryptocurrencies?
The growth of cryptocurrencies has been a source of many headlines in the last few years. Yet, research by Finder shows that only 8% of Americans have invested in these digital currencies. What is needed to help them to truly break into the mainstream? One suggestion is that online gaming could be the key. Could … Continue reading Could Online Gaming Aid the Growth of Cryptocurrencies? The post Could Online Gaming Aid the Growth of Cryptocurrencies? appeared first on CoinSpectator Blog. [Read More...]
Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto
There are many keywords in blockchain, but few spark as much emotion as “decentralization.” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology.To say that decentralization is an important element of cryptocurrency’s potential would be a gross understatement. However, I do believe that the crypto community is misguided in its belief that decentralization is an end-all be-all solution to the ills of centralization as we know it. Yes, decentralization can help eliminate some of the inherent problems of centralized infrastructure, but is decentralization necessarily our objective? In the… [Read More...]
Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure
The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.” It’s characterized by consolidating volume and consolidating price that yields lower highs and higher lows and has general upper/lower trendlines. This particular pennant is quite sizable as it is consolidating at the top of a 12% market rally that pushed the price to test the $4,000 range. A general price target for an upward breakout of a pennant is calculated by taking the length of… [Read More...]
Here’s How Cryptocurrencies Could Change the Gaming Landscape
Cryptocurrencies and the blockchain have started to change many aspects of our lives and entertainment in recent years. However, one area that appears to have been slower than others in adopting this approach is that of gaming. At first glance, there are a lot of areas of crossover between cryptos and gaming. Some people have … Continue reading Here’s How Cryptocurrencies Could Change the Gaming Landscape The post Here’s How Cryptocurrencies Could Change the Gaming Landscape appeared first on CoinSpectator Blog. [Read More...]
Haven, a New App From OB1, Lets Users Chat, Shop and Send Crypto Privately
Blockchain startup OB1, the developers of decentralized shopping platform OpenBazaar, have announced Haven, a privacy-focused app for socializing with friends and making purchases with cryptocurrencies.The project was announced by Brian Hoffman, founder and CEO of OB1, at the North American Bitcoin Conference in Miami. The developers claim that Haven will “enable users to shop, chat, and send cryptocurrencies privately from their mobile device.”The ability to chat with friends and family on social networks has been tainted with data breaches and reports of the networks tracking user activity and selling collected data to third parties.According to a company announcement, Haven will have a little bit of everything. It will "combine a multiple-cryptocurrency wallet, a social network and a truly peer-to-peer… [Read More...]
Bitcoin Price Weekly Analysis: BTC Approaching Significant Break
Key Points Bitcoin price failed to gain momentum above $3,900 and declined recently against the US Dollar. There is a major contracting triangle formed with support at $3,765 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is approaching the next significant break either above $3,850 or below $3,750. Bitcoin price is trading near important support levels against the US Dollar. BTC/USD may soon make the next move either above $4,000 or below $3,500. Bitcoin Price Analysis This past week, bitcoin price moved higher above the $3,800 resistance against the US Dollar. However, the BTC/USD pair struggled a lot to clear the $3,900 resistance level. To start with, a swing low was formed near $3,720 and later the price … [Read More...]
Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move
For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. In order for this pattern to be confirmed, we need to see a daily candle close above the neckline (horizontal blue line). A… [Read More...]