Month: June 2018

Etherem Price Watch | ETH/USD Returns Above $600, On Bullish Trend

boss

Key Highlights: Ethereum returned above the $600 price level on Tuesday following yesterday’s slight pullback off its weekly high. ETH/USD is now on another bullish trend, looking to test a major resistance level at $610. A major support level was established at $585 prior to the current bull run. ETH/USD Breaks Above $600 Once Again On Tuesday morning, Ethereum price broke above the $600 pivot level once again following yesterday’s decline. This is the digital currency’s biggest upward movement after it hit a weekly high of $620 this past weekend.…

A Crucial Month for Cryptocurrency

boss

A crucial month for cryptocurrency: John McAfee has predicted a 100% Bitcoin price (BTC) growth. Is it turning into reality? John McAfee, the founder of McAfee Software, has recently made a bold claim that Bitcoin price could trade at around the $15,000 mark in June. John McAfee’s claim was based on market environment and trader’s sentiment instead of technical or fundamentals factors. His price bet was quite awkward at that time because it coincided with Donald Trump’s public refusal to meet with North Korea’s president, and great political meetings in the…

Bitcoin Cash Price Watch | BCH/USD Holds Steady Around $1,100

boss

Key Highlights: Bitcoin Cash broke past the $1,100 price level during the weekend, reaching as high as $1,200. Currently, BCH/USD is holding steady around this price, establishing a support at $1,080. A bearish trend line is forming around a resistance point of $1,120 to test its support level. BCH/USD Holding Steady Around $1,100 After surging to as high as $1,200 this past weekend, Bitcoin Cash declined slightly earlier this morning. BCH/USD has now stabilized around the critical $1,100 price level, with a major support level established around $1,080. At the…

Bitcoin Price Watch I BTC/USD Erases Recent Gains, Crosses $7,500

boss

On Monday morning, Bitcoin erased its gains over the past weekend, dropping from a weekly high of $7,740 back down to the $7,500 level. However, Bitcoin price has been slowly creeping up, and another run toward $8,000 is possible as the week progresses. BTC/USD Crosses $7,500, Holds New Support Currently, Bitcoin price is on a minor bearish run that’s looking to test a support at $7,450. BTC/USD has just crossed the $7,500 mark, which was seen as a critical resistance level for the past week. The current downward movement may…

John McAfee Tweets | John McAfee Wants to Be the US President in 2020

boss

Yes, that’s right —president. John McAfee tweets his presidential intentions to “best serve the crypto community by providing the ultimate campaign platform for us.” McAfee hopes to give the cryptocurrency community a stronger voice and box on which to stand. His presidential bid came June 3rd, with a look towards the 2020 US presidential election. In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I…

GitHub has been Acquired by Microsoft

boss

Microsoft, the global software giant, just announced that it will be acquiring GitHub. Microsoft to acquire @GitHub, the world’s leading software development platform. https://t.co/hAEN6bJcsg pic.twitter.com/O5I0vT1zQA — Microsoft (@Microsoft) June 4, 2018 GitHub is the google docs for developers, which allows them to collaborate and share work with each other easily. The company’s main principles are centered around open-sourced licensing, which lets developers access, use, and tweak code written by others with the ultimate goal of wanting to improve it. >> Coins Lose Big in May Why Microsoft? Microsoft has been extremely…

Public or Private? Blockchain Distinctions Are Falling Out of Fashion

boss

“Convergence” may mean different things to different people in blockchain, but it’s a word that’s appearing more and more in public rhetoric of late. For some, it simply means that innovations developed on a public blockchain powered by a cryptocurrency can be leveraged on a private blockchain used by enterprises, and vice versa. But to others, the rise of the term shows that the lines between these categories, once starkly drawn, are starting to fade. As companies start to recognize the merits of public chains; as new technology enables different types of…

Cryptocurrency Market Jumps $10 Billion as EOS Surges 16%, Bitcoin at $7,650

boss

The cryptocurrency market has increased by around $10 billion over the past 24 hours, as major cryptocurrencies including Bitcoin, Ripple, EOS, Stellar, and Tron surged in the range of 2 to 16 percent. EOS was the strongest performer today, recording a gain of 16.24 percent subsequent to its mainnet launch. No Major Movement Over the Past 7 Days Although it seems as if the market has recovered by large margins and bitcoin has rebounded from its previous dip, BTC has remained in the same region over the past seven days.…

EOS Price Pumps after Mainnet Release, But Is This Rally Organic?

boss

The EOS price rallied 16 percent on Saturday following the release of the blockchain project’s open-source mainnet software, but there’s more to this pump than first meets the eye. EOS Price Makes Market-Leading 16 Percent Rally Today’s EOS price surge came as part of a wider market rally, but the token nevertheless managed to outpace every other cryptocurrency ranked in the top 100. EOS spent most of the day trading just over the $12.00 mark but began to surge at approximately 6:15 UTC on Saturday morning. Within hours, the EOS…

Mount Everest Crypto Stunt | Crypto in May Shocked the Community

boss

Mount Everest Crypto Stunt: Most crypto enthusiasts are aware that May was a busy month. There was stuff happening in the space almost every week. Companies announced new partnerships and rolled out new projects. Governments around the globe met to discuss crypto regulation. And some cryptocurrencies plunged on the market for what seemed like the entire month.  Amid the overload of crypto news, there was a devastating exception. Last week, four crypto enthusiasts and three Sherpa’s summited Mount Everest, the highest mountain above sea level. The decision to summit Everest…