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Tezos Is Close to Reversing Its Bearish Trend.

The Tezos price has recently broken down from a long-term ascending support line and validated it as resistance afterwards. The price is expected to continue decreasing until it reaches the closest support area and possibly reverses its trend afterwards. origin »

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Italy Allows Short Selling Again After Banning it in March.

CONSOB, the Italian markets and securities regulator, banned short selling on March 17. Now that the coronavirus pandemic has calmed down in the country, the ban has officially been lifted. Although it may be hard to believe that a country could outright ban short selling, it has been the norm in Europe for the past […] The post Italy Allows Short Selling Again After Banning it in March appeared first on BeInCrypto. origin »

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Fund Manager: Bitcoin’s Perfect Storm Is Here Because of “Reckless” Fed.

Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that it is (somewhat ironically) central banks and governments that will start the next bull market to all-time highs for both gold and Bitcoin. […] origin »

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South Korea to Decide On the Future of $380M Blockchain Fund.

The blockchain development fund is earmarked for technology projects that could transition the country to a data economy over the next five years. South Korea’s Ministry of Science, ICT and Planning this month will make a decision on the launch of a multimillion-dollar fund aimed at blockchain development. origin »

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45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving.

On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are not profitable right now at today’s […] The post 45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving appeared first on Bitcoin News. origin »

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Ethereum Reddit Donut Tokens Moon.

Ethetrader’s donut tokens have reached all time high, jumping by 6x from $0.0004 to now $0.0024 as pictured above. Those are real dollars for just commenting on r/ethtrader with the... The post Ethereum Reddit Donut Tokens Moon appeared first on Trustnodes. origin »

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The Correction for These Two Altcoins Is Nearing Its End.

Both 0x (ZRX) and ICON (ICX) have been correcting after rapid upward movements. However, while ICX seems to be close to reversing its trend, ZRX might fall further before doing so. 0x (ZRX) Beginning on May 7, 0x initiated a strong upward movement and had increased by 130 percent after two days. origin »

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Andreessen Horowitz Sees Consistent Trends in Bitcoin Epochs.

In a newly issued analysis, VC firm Andreessen Horowitz has identified clear trends in the history of cryptocurrency, finding order in what often feels like a chaotic industry. Bitcoin’s Price-Interest-Innovation... The post Andreessen Horowitz Sees Consistent Trends in Bitcoin Epochs appeared first on Crypto Briefing. origin »

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