Bitcoin Price Intraday Analysis: BTC/USD Reverses from $7,000

Advertisement Bitcoin on Friday recovered more than 3 percent from its intraday low near $6,800. The BTC/USD began the day continuing to its steady upside recovery and reached as above as 7020-fiat during the early Asian trading session. The bounce back could have been more effective had it managed to break above 7000-fiat for a […]

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Ethereum Developers Move to Alter Blockchain’s Economics In Next Upgrade

A proposal that, if enacted, would change how much new cryptocurrency is released on the world’s second-largest blockchain was finalized Friday, with developers agreeing to include the code for such a change as part of ethereum’s upcoming October upgrade, Constantinople. Speaking on a video call, a group of 14 developers agreed to support code that […]

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South Korea Creates Gyeongbuk Coin for Gyeongsangbuk-do Loyalty Scheme

China may be doing all it can to suppress cryptocurrencies, but South Korea is going the opposite way. Specifically, in its Gyeongsangbuk-do Province. But what’s going on? Well, according to sources, officials are partnering with blockchain startup Orbs to create a province-specific coin called the Gyeongbuk coin. But why? South Korea’s Gyeongbuk Coin The province is […]

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Bitcoin Price at $7,000: Market Recovers After Minor Drop, WaltonChain Surges 30%

Advertisement In the past 24 hours, the Bitcoin price has recovered from $6,800 to $7,000, as buy pressure in the higher region of $6,000 prevented a further fall to mid-$6,000. As bitcoin price rebounded and averted a large drop to $6,500, most tokens and small market cap cryptocurrencies recovered, pushing the valuation of the cryptocurrency […]

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Mass Adoption of Crypto Far from Being Achieved, Best Chance in Turkey

Advertisement Based on a survey conducted by Statistca on 15,000 individuals, Turkey has the highest percentage of population that has invested in the crypto market. According to the data released by Statistica shown below, 18 percent of the country’s investors have purchased cryptocurrencies like Bitcoin and Ethereum in the past few years. Motive of Residents […]

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Monero Headed to $18k, Ripple Price Primed for 97% Crash: Research

Advertisement Anonymity-centric cryptocurrency monero may be the best buy in crypto right now, and bitcoin’s not far behind. The ripple price (XRP), on the other hand, could be primed for a historic crash. Bitcoin, Monero Have Bright Futures That’s according to a new report from initial coin offering advisory and research firm Satis Group, which […]

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Bitcoin Price Intraday Analysis: BTCUSD Drops towards Strong Support

Advertisement Bitcoin on Friday lost almost 3% of its value against the USD in a bearish correction attempt post the latest rally. The BTC/USD today continued to its downward trend from the previous high around 7132-fiat. The Asian session kept the price under strict watch, so the pair remained stable. But traders started losing patience […]

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Venezuelan Banks Must Accept Petro—Maduro Introduces New Economic Reforms

Two days ago, Venezuela’s President, Nicolás Maduro, ordered the nation’s banks to adopt the Petro digital currency, so now Venezuelan banks must accept Petro. In a bid to reform the nation and alleviate the current Venezuelan economic crisis, Maduro is trying to get the Petro coin recognized as Venezuela’s second currency and now banks within the […]

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Bitmain’s BTC.com is Launching an Ethereum Mining Pool

Bitmain Adds Ethereum Mining Pool: The world’s largest Bitcoin mining pool is cheating on Bitcoin. Bitmain’s BTC.com is expanding to add an Ethereum mining pool which will initially support both Ethereum and Ethereum classic.  Users will now be able to switch their hashing power from one pool to another, in light of what’s happening in the market. Bitmain […]

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Bitcoin Price Falls Below $6,900, Traders See $6,500 as the Next Support

Advertisement Some major cryptocurrencies and tokens have fallen by 5 to 15 percent in the past 24 hours as the Bitcoin price failed to remain above the $7,000 mark. Within 12 hours, the price of Bitcoin fell from $7,100 to $6,900, briefly falling below the $6,900 mark. While Bitcoin has stabilized in the low $6,900 […]

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Ethereum’s Next Upgrade Could Be the $29 Billion Blockchain’s Biggest Test Yet

Hard forks are never easy. By definition, such system-wide upgrades require every software user to upgrade to new rules near-simultaneously, meaning there’s coordination difficulties that need to be overcome to ensure the code continues to operate as designed. Still, in a upcoming October upgrade named Constantinople, ethereum is faced with a unique challenge — how […]

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Litecoin Creator Charlie Lee Recommends Buying Bitcoin in Bear Market

Advertisement The cryptocurrency market has now been in a bear cycle for more than two-thirds of the past year, and, as August prepares to roll in September, predictions from past months that the bitcoin price would test its all-time high in 2018 appear less and less likely. However, even after this prolonged decline, Litecoin creator […]

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Bitcoin Price Intraday Analysis: BTC/USD Locked Inside Ascending Channel

Advertisement Bitcoin price today remained in a bias-conflict, neither rising nor falling much. The BTC/USD started Wednesday just shy of 7010-fiat and managed to go as north as 7137-fiat by the end of Asian, and the beginning of European session. The lackluster volume didn’t offer many opportunities for the day traders, but it established that […]

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Origin Is Rolling Out a Decentralized Messaging App Built on Ethereum

Origin Protocol, a blockchain project building a decentralized marketplace, has rolled out a peer-to-peer messaging application built on top of ethereum. The project wrote in a blog post on Wednesday that the open-sourced messaging function is now up and running on its marketplace demo, creating an encrypted communication channel between buyers and sellers. The technology […]

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Bitcoin Price Climbs to $7,100 as Crypto Market Hits $232 Billion, EOS Surges 15%

Advertisement Over the past 24 hours, Bitcoin has rebounded from $7,000 to $7,100, remaining on top of a key resistance level which traders were concerned about. Despite the relatively strong performance of Bitcoin, tokens understandably have not performed well against both Bitcoin and US dollar on August 29, considering the massive gains they recorded earlier […]

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Moscow’s Government to Use Ethereum to Promote Transparency In Commerce

Moscow’s government is planning to use ethereum as part of a system for allotting trading spots during weekend farmers markets. The system will record applications submitted by farmers, who compete for a limited number of commercial plots. Some 15,000 trading spots are up for grabs, with the market season stretching between April 20 and November […]

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