Bitmain Retains Only a ‘Minuscule Lead’ Over Competitor Microbt Amid Ongoing Power Tussle, Says Report

Bitcoin mining hardware maker Bitmain still has a “minuscule lead” over competitor Microbt despite the former’s ongoing power struggle and supply chain issues, according to Bitmex. дальше »

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Chainlink’s “LINK Marines” Hold Steady Despite Intense Selloff

Chainlink has been witnessing some intensely bullish price action over the past few weeks and even months, but the cryptocurrency faced a brutal selloff yesterday that caused its price to slide as low as $15. дальше »

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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability

Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »

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DeFi-Yield-Hunting Token YFI Explodes to $11K From $32 in One Month

A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old. дальше »

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Bitcoin Is Up 45% Since the Halving: Is There More Upside on Its Way?

Bitcoin has performed extremely well over recent months, despite the dismal macroeconomic outlook. As of this article’s writing, BTC trades for $12,400, up around 4% in the past 24 hours. This is the highest the cryptocurrency has traded at this year. дальше »

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According To This Analyst, There’s a 30% Chance That Bitcoin Reaches $17,000 By Year-End

Bitcoin has been in a consolidation phase in recent weeks. Despite the long-term outlook for bitcoin remaining overwhelmingly bullish, it seems that the short-term progress is being hampered by the stubborn resistance at the $12-13K region. дальше »

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Despite Surge Past $12k, a Fund Manager Thinks Bitcoin Is “Still a Dying Asset”

Many Bitcoin skeptics have been turned into bulls as the asset continues to press higher despite a harrowing macroeconomic backdrop and other risks. There remain many critics of the leading cryptocurrency, though. дальше »

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Tezos Needs to “Take Out” This Key Level to Avoid a Sharp Downturn

Tezos has seen some strong price action in recent weeks, with the cryptocurrency pushing as high as $4.40 earlier today before hitting some heavy resistance that slowed its ascent. Despite this strength, the crypto may be in a precarious position due to its inability to take out its weekly pivot against its Bitcoin trading pair. […] дальше »

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Bitcoin is Poised to Push Towards $14,000 After Posting Bullish Weekly Close

Bitcoin has continued consolidating within the upper-$11,000 region overnight This extended period of sideways trading has come about despite it facing multiple recent rejections at $12,000 Its inability to break above this level has so far not led it to see any notable near-term downside, with $11,700 becoming a strong level of support This support level was previously a crucial resistance that it was struggling to close above Yesterday marked the first daily – and […] дальше »

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China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown

Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability. дальше »

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Bitcoin hash rate hits a new ATH as the coin approaches $12k

Bitcoin has been trying to breach the resistance at $12k for quite some time, now, but despite great interest and a strong bull run that led the coin to a higher $11,000s, the resistance remains quite strong. дальше »

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This Textbook Chart Pattern Predicts Bitcoin Will Hit $13,000 Imminently

Bitcoin has stalled despite posting a weekly close above the pivotal $11,800 level that analysts eyed. BTC remains in a textbook bullish chart pattern. That pattern is an ascending triangle, which has been a pattern of importance throughout Bitcoin’s history. дальше »

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Compound (COMP) Could Rally 25%+ as Analysts Eye Technical Strength

Compound’s price has been caught within an intense consolidation phase throughout the past week, with COMP oscillating primarily between $190 and $220. The cryptocurrency has been struggling to garner any clear momentum, with the crypto’s intense upswing seen earlier this month starting to show some signs of faltering. дальше »

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Why Bitcoin May See an Explosive Rally Despite Recent $12k Rejection

Bitcoin and the entire cryptocurrency market have been seeing some rather mixed price action in recent weeks. Although the benchmark digital asset currently remains caught within a prolonged consolidation phase within the upper-$11,000 region, it has been facing multiple rejections at $12,000 that have hampered its near-term outlook. дальше »

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Gold Bull Peter Schiff Still Thinks Bitcoin Is a “Fad” on Its Way to Zero

Gold bull Peter Schiff has not been convinced by the rally in Bitcoin’s price, despite the positive macroeconomic trends underpinning it. The long-time crypto skeptic doubled down on his sentiment in a number of tweets. дальше »

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These 4 Factors Show Why It’s Hard to Be Bearish on Bitcoin Right Now

There remain some Bitcoin bears despite the ongoing push higher. One trader said that due to BTC’s failed attempts to break past $12,000, the cryptocurrency could move towards the $8,000s or $9,000s. дальше »

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Whales are Accumulating Bitcoin Despite Its Stalling Momentum

Bitcoin’s multi-week consolidation phase comes close on the heels of the strong uptrend that the cryptocurrency was able to post late last month. Despite its macro outlook remaining incredibly strong, it appears that Bitcoin’s short-term outlook is being impeded by the heavy resistance at $12,000. дальше »

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Ethereum's circulating supply - A 'silly gotcha' debate?

Ethereum has been enjoying one of its most active days in the market, with the crypto-asset's price spiking on the charts after some time. Despite an active spot and derivatives market, however, the cThe post Ethereum's circulating supply - A 'silly gotcha' debate? appeared first on AMBCrypto. дальше »

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Analyst Who Predicted Bitcoin’s 2018 Bottom Expects a Move to $14k

Bitcoin is stagnating in the high-$11,000s once again despite Ethereum breaking higher. BTC trades at $11,800 as of this article’s writing, meaning the asset remains below the critical $12,000 level. дальше »

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Why Traders Expect XRP to See an Explosive Rally Despite Stalling Uptrend

XRP has been seeing mixed price action in recent weeks. The cryptocurrency was able to post some massive gains just a couple of weeks ago, but its momentum has since stalled after it faced a firm rejection at $0. дальше »

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Yam Finance Proposes Migration Plan After Rebase Failure Fiasco

Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol. Despite the initial hype that greeted its launch as the latest decentralized finance (DeFi) sensation, the project soon ran into trouble. дальше »

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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […] дальше »

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USPS Patents A Blockchain-Based Mail-In Voting System Despite President Trump’s Critics

The United States Postal Service (USPS) might have a blockchain-based plan for the U.S mail-in voting suggestion. According to a patent made public by the U.S Patent and Trademark Office on August 13, the USPS had filled an intellectual property application for a blockchain ecosystem dubbed ‘Secure Voting System’ back in February. Interestingly, this development […] дальше »

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Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March

The merculet token gained 160% from $0. 00068 to $0. 0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets. Bitcoin. com. Despite the price surge, merculet had trading volumes of just $112,000. дальше »

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Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties 

Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13, 2020. дальше »

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Institutional Investors Gobbling Up More Bitcoin Than Being Mined This Month

Even since Bitcoin entered August, the price has taken to test the $12,000 level after successfully breaching the key levels, $10,000 and $10,500 last month. But so far, the digital asset hasn’t been able to sustain above $12k despite breaking above it twice, resulting in a crash afterward. We are now back to trading around […] дальше »

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Ripple Moves from ‘Writing Cheques to Writing Code’ While Still Finding Use Cases for its Tech

Despite soaring 50% at the end of July, the price of XRP continues to trade under $0.30 and down 93% from its all-time high. This has been despite Ripple unveiling that it is buying XRP in the secondary market at market prices and may further continue to do so in the future, trying to quell […] дальше »

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High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’

Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. дальше »

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Why Analysts Expect XRP Drop as the Cryptocurrency Slides Lower

XRP is preparing to plunge lower as the cryptocurrency forms a bearish price pattern. The cryptocurrency is actually down 1% in the past 24 hours, despite Bitcoin rallying a handful of percent. XRP’s underperformance of the leading digital asset may add pressure to its move to the downside. дальше »

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CoinList Exchange Struggles, but NEAR Disaster Averted

Despite selling out in less than three hours, CoinList’s second attempt at hosting NEAR’s final tokensale saw the platform struggle as investors rushed to participate. дальше »

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XRP‘s “False Move” Could Lead it to $0.25 Despite Macro Strength

XRP has been struggling to maintain the upwards momentum that it incurred just over a week ago. The cryptocurrency met insurmountable resistance within the lower-$0. 30 region that slowed its ascent, subsequently causing it to break back into the upper-$0. дальше »

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Raoul Pal On Why Bitcoin Is Set To Be The Best Performing Major Asset In The World Over The Next 24 Months

Macro investor Raoul Pal said despite the recent price rally, Bitcoin still has a long way to go and that could eventually put it at the million-dollar mark in the next 5 years. In a recent tweet, Pal examined Bitcoin’s long-term chart, which has recently broken out of consolidation. дальше »

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Bitcoin Could Be On The Cusp Of A Roaring Rally, According To Goldbug Dan Tapiero

Dan Tapiero, the co-founder of Gold Bullion International and founder of DTAP Capital has predicted that bitcoin will see up to 10X returns in the coming years. Tapiero’s optimism comes despite the BTC price recently rejecting the $12K level for the second time in a span of two weeks. Why A Significant Price Surge May […] дальше »

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Ethereum Registers Extreme Price Hikes

Coinspeaker Ethereum Registers Extreme Price HikesOn August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.Ethereum Registers Extreme Price Hikes дальше »

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Tencent Reports Incredible Q2 Earnings Despite Trump’s Ban on Its WeChat App

Coinspeaker Tencent Reports Incredible Q2 Earnings Despite Trump’s Ban on Its WeChat AppTencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat. дальше »

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Venezuela Mulls Tax Payments in Its Controversial Petro Cryptocurrency

Officials in Venezuela are mulling the payment of citizen taxes using the Petro cryptocurrency despite criticisms of it not being backed by a public blockchain, as per local reports Tuesday. Taxes Paid in Crypto Coming to Venezuela The Bolivarian Council of Bolivarian Mayors and Mayors signed this Sunday the National Tax Harmonization Agreement in 305Read MoreRead More. дальше »

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Venezuela May Soon Be Collecting Taxes in Crypto

Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it. дальше »

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No Audits, No Problem: DeFi Stablecoin YAM Attracts Over $100 Million

The DeFi craze continues despite a slight dip across the cryptocurrency market. The YAM algorithmic stablecoin is the latest fad, quickly attracting millions of dollars from liquidity miners. Stablecoin Worth... дальше »

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A Crypto Trader Thinks Ethereum Could Plunge Towards $300 as Momentum Slows

After Bitcoin and Ethereum attempted to surge past $12,000 and $400, respectively, the momentum has tapered off. Over the past day, the leading cryptocurrencies have plunged lower despite a weakening U. дальше »

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History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »

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The Crypto Market Is Looking Like Q4 2016 All Over Again As “Early Main Bull Phase” Starts: Analyst

Despite an unprecedented global pandemic that has wreaked havoc on major economies of the world, the cryptocurrency markets have been heating up in recent months. According to widely-followed analyst Willy Woo, bitcoin is currently mirroring its performance in the fourth quarter of 2016 just before it raced to its current all-time high of $20,000. Woo […] дальше »

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Despite $500 “Bart” Pattern, Analysts Are Still Bullish on Bitcoin

Bitcoin surged past $12,000 on Monday morning, rallying as certain altcoins plunged. The move brought the cryptocurrency as high as $12,100. Just as fast as BTC rallied, though, it dropped. Just hours after $12,000 was tapped, Bitcoin plunged around $500 in the span of an hour, forming a “Bart” formation. дальше »

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China registers over 10,000 blockchain firms in 2020

Despite the ongoing pandemic, blockchain growth in China is booming and may outpace 2018...

The post China registers over 10,000 blockchain firms in 2020 appeared first on Coin Journal.

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Ethereum Transaction Fees Are Reaching Highs Not Seen Since 2015

Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi. дальше »

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Tron (TRX) Forms Textbook Bear Signal Despite Rally in the Altcoin Market

Tron (TRX) has been a sleeper cryptocurrency over the past few weeks. While it has rallied like many other digital assets like Bitcoin and Ethereum, TRX has not been focused on by many analysts. According to the Tom Demark Sequential, the popular altcoin is on the verge of reversing to the downside after a multi-day rally. дальше »

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Bitcoin Teases $12K Again With $15K In Play But Major Correction Looks Imminent

In the early hours of the day, it seemed that despite a quiet weekend, Bitcoin had staged a breakout. Unfortunately, the technical set up emerged stronger than the fundamental as Bitcoin crashed by nearly $500. дальше »

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Bitcoin’s Hash Rate Remains Flat Despite Major Price Rally

Bitcoin’s hash rate seems to be feeling the consequences of the drama at Bitmain.

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Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges

Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding. дальше »

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Ethereum Classic Prints Bearish On-Chain Signals Despite Bitcoin Breakout

Bitcoin is breaking higher, but the same cannot be said about Ethereum Classic (ETC). The popular altcoin has dropped in the past 24 hours, posting a loss of around 2%. This means the asset is underperforming BTC by 5%. дальше »

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Ethereum 2.0 Isn’t a Panacea for Sharding and Scalability, Who Might Be?

The launch of ETH 2. 0 seems to be one of the hottest stories since the launch of the original Ethereum blockchain. Despite the first-ever smart contract platform being so hotly anticipated, it was not even three years old before its scalability issues started to become evident. дальше »

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