Month: March 2019

Not Out Of The Woods? Bitcoin (BTC) Needs To Pass $4,400 To Confirm Breakout

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Bitcoin Still To Meet Key Resistances While Bitcoin (BTC) has seemingly broken clean past $4,000, as it failed to pullback under that level during Friday night’s brief sell-off, analysts are sure that the cryptocurrency still has key resistances to meet, surpass, and hold above. In a recent TradingView post, Magic Poop Cannon, a popular analyst, remarked that while BTC broke clean past a long-standing “powerful” resistance, which depressed Bitcoin heavily at $10,000, $8,500, and $6,500 and the 150-day moving average simultaneously, this surge was done on relatively light volume. This…

Bitcoin (BTC) UTXO Growth Signals Renewed Crypto Optimism

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Bitcoin Accumulation Season Filb Filb, once again, has unveiled a reason why crypto investors shouldn’t be all too gloomy. The analyst recently wrote that the number of UTXOs (Unspent Transaction Outputs) on the Bitcoin blockchain is nearing the all-time high it established at the peak of 2017’s BTC run, indicating that “accumulation is real.” The prominent trader claims that this uptick in UTXOs, which signals that a growing number of Bitcoin receivers are “HODLing” their coins, was a result of December’s capitulation event, which brought BTC from $6,000 to $3,000.…

This John McAfee-Pumped Cryptocurrency Has Major Red Flags

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By CCN.com: Another day, another John McAfee tweet pumping a cryptocurrency project that has alarming red flags. The latest dubious crypto token is called Apollo, an “all-in-one” cryptocurrency with supposedly-private transactions. Crypto Developers Call Out McAfee-Linked Apollo However, according to crypto development firm Jelurida, Apollo’s so-called privacy features promoted are not so private after all. https://t.co/X1s6hJVGOW — Ardorgate (@Ardorgate) March 28, 2019 Imagine if some company back in the days when you made your antivirus software would have copied/cloned your work, renamed to Mcfluffy, claiming to do tons of stuff…

The Implications of Fusing 5G and Blockchain

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Analysts have been anticipating the implications of the Internet of Things (IoT) for several years. However, there have been two main impediments to its success: capacity and security. But now, the introduction of a new technology could change that. This year, major carriers like AT&T and Verizon will be introducing 5G, the latest generation of cellular mobile communications. The 5G platform brings a high data rate, reduced latency, energy savings, cost reduction, higher system capacity and massive device connectivity, according to analysts. The combination of 5G and blockchain technology has…

Supercharge Your BCH Workflow With Bitcoin.com’s SLP and Badger SDKs

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Last summer, Bitcoin.com launched a developer suite so Bitcoin Cash (BCH) programmers could have access to a slew of resources, tools, and software development kits (SDK). At the time, the web portal contained three key tools for blockchain programmers: the Bitbox SDK, REST, and the GUI platform. Now, Developer.Bitcoin.com hosts two more SDKs so developers can build applications with Badger Wallet and the Simple Ledger Protocol (SLP). Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Build Killer Apps With Bitcoin.com’s Developer Platform Bitcoin.com believes that…

The “Conservative” Case For A Bitcoin (BTC) Rally To $50,000

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While the value of Bitcoin remains down in the dumps, so to speak, its believers still have stars in their eyes. Many crypto investors are adamant that their holdings will eventually retest their all-time highs, prior to another jaw-dropping rally. And while countless cynics have begged to differ, these hopes were validated recently with an extremely optimistic, yet potentially rational tweet from Ryan Selkis, the chief executive of Messari. “Great Wealth Transfer” To Spark Bitcoin Rally? It isn’t a secret that crypto’s audience is primarily millennial and younger. It makes…

The “Conservative” Case For A Bitcoin (BTC) Rally To $50,000

boss

While the value of Bitcoin remains down in the dumps, so to speak, its believers still have stars in their eyes. Many crypto investors are adamant that their holdings will eventually retest their all-time highs, prior to another jaw-dropping rally. And while countless cynics have begged to differ, these hopes were validated recently with an extremely optimistic, yet potentially rational tweet from Ryan Selkis, the chief executive of Messari. “Great Wealth Transfer” To Spark Bitcoin Rally? It isn’t a secret that crypto’s audience is primarily millennial and younger. It makes…

All Eyes On $4,200 As Bitcoin BTC Continues Bullish Assault

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Bitcoin Continues Higher, But It Isn’t A Bull Run Yet For once in a blue moon, Bitcoin (BTC) has somehow managed to rally for a number of weeks without a drastic sell-off. And some believe this move to the upside is set to continue. While some argue that the cryptocurrency is home free, as it has surmounted the ever-important $4,000 level, which many see as a key psychological barrier, all eyes are currently on $4,200. Industry pundits remark that what happens there will dictate crypto assets’ price action for the…

Facebook’s Cryptocurrency Won’t Let You Buy Your Privacy Back

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Facebook is moving into cryptocurrency, aiming to create some type of stablecoin that will make it possible for users within its gargantuan network to transfer value to each other. Why Facebook doesn’t simply use an existing cryptocurrency is, of course, a mystery. Facebook’s Not Going Full Crypto Facebook should have just added general support for cryptocurrency rather than building its own proprietary token. | Source: REUTERS / Dado Ruvic Perhaps it fears to open the minds of users too much: from cryptocurrency they might graduate to better social media platforms,…

Facebook’s Cryptocurrency Won’t Let You Buy Your Privacy Back

boss

Facebook is moving into cryptocurrency, aiming to create some type of stablecoin that will make it possible for users within its gargantuan network to transfer value to each other. Why Facebook doesn’t simply use an existing cryptocurrency is, of course, a mystery. Facebook’s Not Going Full Crypto Facebook should have just added general support for cryptocurrency rather than building its own proprietary token. | Source: REUTERS / Dado Ruvic Perhaps it fears to open the minds of users too much: from cryptocurrency they might graduate to better social media platforms,…