February 7, 2020

Tron’s DeFi will compete with Ethereum in Chinese, Indian markets

The competitive drive between Ethereum, EOS, and Tron over decentralized applications or DApps continued to escalate in 2020. Justin Sun’s Tron was able to surpass EOS DApps for the first time last month, however, it continued to lag behind Ethereum’s dominance. In terms of popularity as well, Ethereum‘s DeFi sector grabbed all the attention as...
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$10,000 Bitcoin Looks Imminent Based on This One Crucial Chart

Bitcoin‘s price discovery stalled on Friday but the trajectory remains up following a notable “golden cross” formation. | Image: REUTERS/Dado Ruvic/Illustration/File Photo Bitcoin’s price is eyeing an imminent return to $10,000. A key technical formation suggests a prolonged bull market is possible. Bitcoin-gold correlation continues to strengthen. After rallying to five-month highs on Friday, bitcoin’s...
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Bitcoin premium rates on BTC contracts double for February, March

The derivatives market has been one of the largest benefactors of the recent bullish rally. Bitcoin’s price is up by more than 35 percent since 2020 dawned and December’s bearish doubts have been cast out over the last 36 days. According to Arcane Research’s recent report, retail and institutional investors agreed on Bitcoin’s Futures valuation...
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Ethereum’s Bears are Getting “Overpowered” as ETH Pushes Against Key Level

Ethereum has been one of the best performing major altcoins over the past several weeks, with the cryptocurrency surging past its previous resistance at $200 as its slow upwards grind begins turning into a parabolic rally. This momentum has allowed ETH to significantly outperform both Bitcoin and the aggregated crypto markets, leading many analysts to...
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Wikipedia Founder is Not a Fan of Bitcoin SV; Calls Out Craig Wright

It’s no secret that Craig Wright as a singular entity has created a significant amount of division within the crypto industry, with his notorious Bitcoin Cash hardfork – called Bitcoin SV (BSV) – and incessant claims that he is Satoshi Nakamoto leading him to be the target of a significant amount of hate from crypto...
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Post-Halving Mining Costs to Help Propel Bitcoin to $15,000

Bitcoin’s firm 2020 uptrend has led many analysts to question what types of fundamental and technical events could help bolster its mid-term price action and propel the cryptocurrency higher, and naturally its upcoming mining rewards halving is one such event that is widely looked upon as being bullish. It is important to note that the...
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Bitcoin outperformed by small-cap assets, but market sentiment still ‘greedy’

January’s bullish sentiment has managed to permeate February as well with the market’s major crypto-assets registering a positive 1st week. Bitcoin registered another hike of 5.13 percent and the world’s largest crypto-asset breached its key resistance at $9700 on 5 February. However, the altcoins managed to rally better than BTC over the same time period....
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Dogecoin Price Prediction and Analysis in February 2020

Today, we will be analyzing some of the historical prices and market opinions of the DOGE crypto to come up with a Dogecoin price prediction for February 2020. Dogecoin Overview Dogecoin is a Litecoin fork which hit the crypto markets in 2013. DOGE was initially developed as a joke, but it soon gathered a cult...
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Bitcoin Touching $10K As Altcoins Surge Double-Digits, 2017 Again? The Crypto Weekly Market Update

The cryptocurrency market shows no signs of slowing down so far in 2020. After charting one of the most impressive performances in January, Bitcoin continues its rally in the first week of February as well. In the past seven days, the cryptocurrency increased by about 5.5%, claiming essential resistance levels on the way up. Currently...
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BlockchainUa is coming!

BlockchainUA is the main blockchain event in Ukraine. Three years in a row, the strongest community in the field of blockchain and decentralized technologies is gathering to share experiences and ideas for the development of the industry. International level experts will arrive from different parts of the world to perform on March 20 in Kiev...
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Australia Readies National Blockchain Roadmap In A Strive To Push Adoption

The Australian government is taking significant steps in adopting blockchain in its daily operations. Earlier today, the country released its “National Blockchain Roadmap” to improve the nation’s productivity in different sectors. Australia Published Blockchain Roadmap Less than a year ago, the federal executive Government of Australia (the Morrison Government), announced that it will develop a...
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Digital Gold, Scarcity, and Bitcoin Halvings

By Mike Co What gives money value? Today, the value of a dollar is not directly tied to the value of any other asset. Not so long ago, money was directly pegged to gold. Until 1971, one ounce of gold was redeemable at a fixed value of thirty five dollars in the U.S. Yet for...
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Goldman Sachs and Citigroup Execute Equity Swap On Blockchain Similar To Ethereum

Two of the largest multinational investment banks in the world, Goldman Sachs and Citigroup, recently conducted a successful transaction utilizing the blockchain technology. Both giants made the first of its kind equity swap, but 13 more are waiting to be fulfilled, as well. Equity Swap On Blockchain As reported by Forbes, Citigroup and Goldman Sachs...
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Chainlink Price Analysis: LINK Surges 13% And Flashes Bullish Against Bitcoin

Chainlink surged 13.48% to reach $3.26 as buyers remain trapped in a channel. If buying volume continues to increase, the bullish scenario might last for a while. Against Bitcoin, Link signals long-term bullish move after witnessing a bull flag breakout. LINK/USD: Chainlink Awaiting Next Move Following 13.48% Surge Key Resistance Levels: $3.75, $4.55 Key Support...
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Binance Allows Traders To Short Binance Coin (BNB) With 50X Leverage

The world’s leading cryptocurrency exchange has just announced its intentions to launch the BNB/USDT perpetual contract. This will essentially enable users to short BNB. Up until now, they only had the option to trade BNB on the regular spot exchange. Short BNB With 50X Leverage In what seems to be a very interesting move, Binance...
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Proof of Stake Vs. Proof of Work

Proof of Stake (PoS) and Proof of Work(PoW) are the two common types of consensus mechanism, which is a vital aspect of blockchain technology. Consensus mechanisms are critical to the operation of distributed ledgers- the fundamental element of the blockchain technology, allowing it to operate without a central authority. The primary role of the consensus...
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Crypto Price Analysis & Overview February 7th: Bitcoin, Ethereum, Ripple, Tron, and Chainlink.

Bitcoin Bitcoin saw a 5% price rise over the past 7 days of trading as the cryptocurrency rebounds from support at $9,145 to meet resistance at around $9,815. With the 30-day 21% bullish surge, Bitcoin can be expected to break $10,000 pretty soon. Other cryptocurrencies are outpacing Bitcoin. However, this does not mean it cannot...
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Switzerland’s FINMA introduces regulations acknowledging increasing crypto-money laundering cases

Switzerland’s Financial Market Supervisory Authority [FINMA] on 7 February announced a new, streamlined ordinance, one amending current ordinances and circulars, while abolishing three circulars. It is aimed at passing new rules that would impact the regulation of crypto-transactions in the country. The new Financial Services Act FinSA and Financial Institutions Act FinIA were implemented on...
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Fidelity’s VC Arm Invested $13 Million In His Blockchain-Based Startup: Clear’s Co-Founder Explains Why

Singapore-based blockchain startup Clear just raised $13 million in a Series A round of venture funding. Multinational financial services giant Fidelity facilitated the fundraise. Specifically, its investment arm, Eight Roads (formerly Fidelity Ventures), led the round. It makes sense that Clear went with Fidelity to help it raise venture capital. “Eight Roads is the investment...
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Binance Coin Price Analysis: BNB Soars 17% In A Week To Reach November 2019 Highs

Binance Coin saw a sharp increase of 9.8% over the past 24 hours as the coin rises to $21.50. Against Bitcoin, BNB has also increased to create a fresh 2 month high at 0.00219 BTC. Binance Coin has now climbed back into the top 10 ranked projects as it sits in the 9th position with...
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Ripple Co-founder’s XRP sales revealed; latest January sale included 9M XRP

Ripple‘s Co-founder Jed McCaleb bowed out of Ripple in 2013, following which he signed a contract with the company to establish how much of his assets McCaleb can sell. McCaleb claimed to own 9 billion XRP at the start of the Ripple ledger and according to Whale Alert, McCaleb has sold over a billion XRP...
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260% Surge In DeFi-Locked Value In A Year: $1 Billion Already In

According to a popular Decentralized Finance (DeFi) monitoring resource, the value that’s already locked in the space totals over $1 billion. Interestingly enough, almost 60% of the market is currently overtaken by the Maker project. The majority of the money is also locked in lending solutions. Value Locked In DeFi Upwards Of $1 Billion According...
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Crypto Tracker Bot Review

Crypto Tracker Bot is an iOS and Android app that provides real-time push notifications for cryptocurrencies that list on the most influential crypto exchanges. Thus, you are able to stay ahead of price and market information and take necessary actions and decisions before everyone else does. How it works The push notifications are sent to...
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CryptFolio Portfolio Tracking

CryptFolio is a powerful web-based platform for managing and tracking more than 2,400 currencies, cryptocurrencies and Ethereum tokens. The application is a single platform to track and manage all of your cryptocurrency assets – including your exchange wallets, cryptocurrency addresses, and mining pool accounts. Using CryptFolio, you are able to track your portfolio, prices, and...
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Australia releases national roadmap to prepare for ‘blockchain-empowered future’

The Australian government has released its national blockchain roadmap, one that aims to revolutionize the country’s blockchain industry. The roadmap talks about the opportunities that blockchain technology could unleash across sectors from supply chains and logistics to agriculture, with finance and banking being priority sectors.  The national blockchain roadmap read, “Blockchain technology is predicted to...
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The Top Gold-Backed Cryptocurrencies

When you are looking to invest in Cryptocurrencies, there are some things to keep in mind.  Some coins are backed by actual gold, which has had value since the beginning of time. You should take into consideration what the coins mean, what, if anything, they are backed by and what they stand for.  There are...
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