April 20, 2019

Bibox Announces Bibox Orbit, Offers Opportunity to Buy into Four Blockchain Projects

April 20, 2019 boss

The well-known digital asset exchange Bibox has embarked on a mission to expand the blockchain ecosystem. As a part of its initiative, the Estonia based company has announced the launch of Bibox Orbit, set to go live on April 22, 10:00 (GMT +8). Bibox Orbit is a token launch platform that is designed to enable the community to get involved in high quality decentralized projects, encouraging their development and deployment. The Bibox Orbit program has already short-listed 4 projects which exhibit a huge potential. The projects, handpicked from hundreds of…

Binance Chain Could Send Ethereum Price Back to Double-Digits: Analyst

April 20, 2019 boss

Crypto exchange Binance has launched its custom blockchain solution Binance Chain on April 18. But the move might threaten to burn a hole in Ethereum’s pocket. Telegram-based market analysis and trading log, the Gem Club, said Thursday that new cryptocurrency projects had no benefit while choosing the Ethereum blockchain over Binance Chain. The analyst noted the new custom chain could replace Ethereum when it comes to listing projects and issuing their tokens. “BNB is going to have a devastating effect on ETH and send it back to double digits,” wrote the…

Dear Bitcoin Traders, Golden Cross is Not Always a Bullish Signal

April 20, 2019 boss

The entire bitcoin trading community is holding its breath for a crucial bullish signal known as the Golden Cross. It started on April 2 when the bitcoin price – at last – broke above a stringent resistance area and surged 23 percent in a day. This upside swing changed the market’s entire dynamics. Almost all the technical indicators that were screaming bearish turned bullish overnight. Buying sentiment returned. Selling sentiment decreased. But most importantly, bitcoin managed to sustain its gains even though it did not extend it. Profit extension is…

Thailand Is Opening Up to Crypto, One Step Closer to ICO and STO

April 20, 2019 boss

Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it will take appropriate legal action against companies that attempt to distribute STOs created in Thailand to overseas markets. Tipsuda Thavaramara, the deputy secretary of the Thai SEC, reportedly said: “The regulator will have to consider…

Bitcoin Stirs Imminent Crypto Bull Stampede with 44% Gains in 2019

April 20, 2019 boss

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: Year-to-date, the bitcoin price has increased by 44 percent against the U.S. dollar from $3,700 to $5,320, becoming one of the best-performing assets in the global market alongside…

Chinese Publicly Listed Construction Company Turned Mining Firm Lost Over $23 Million

April 20, 2019 boss

Chinese publicly listed construction company turned to cryptocurrency mining firm, Huatie HengAn, has reportedly been sold after its value decreased by over 90%. The development was reported by English-language local crypto-focused media 8btc on April 19. The firm has been reportedly sold for around 12 million yuan ($1.8 million), after its value decreased from 170 million Chinese yuan ($25.3 million) in under a year. Per the report, Huatie HengAn started as a subsidiary of the publicly listed parent company Huatie and claims to be mainly engaged in providing cloud computing…

Fundstrat: Bitcoin (BTC) To Stage “Pretty Big Recovery” Starting In 2019

April 20, 2019 boss

Why Bitcoin Could Head Higher, According To Tom Lee Bitcoin (BTC) surged past $5,000 mere weeks ago, and Tom Lee, the head of research at Fundstrat Global Advisors, wants back in on the crypto space. The notable industry analyst, known for the price predictions he made in 2017 and early-2018, claimed in a recent CoinTelegraph segment that BTC is likely to stage a “pretty big recovery” in the coming eights months, and here’s why the permabull thinks so. First, he looked to an indicator that has firm has established, the…

Bitcoin Price Watch: BTC Primed For Lift-off To $5,500

April 20, 2019 boss

Bitcoin price remained well supported above the $5,200 and $5,160 levels against the US Dollar. The price is slowly grinding higher and it may well climb above the $5,350 level. There is a major ascending channel in place with support at $5,210 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is trading nicely in an uptrend and it could continue to climb towards $5,400 and $5,500. Bitcoin price remained well supported on the downside above $5,200 against the US Dollar. BTC is trading nicely…

Analyst’s Forecast: Bitcoin (BTC) Could Rally To $5,800, Then Collapse By $1,000

April 20, 2019 boss

Bitcoin May Break Past $5,350 In The Coming Week, Rally Further Over the past seven days, Bitcoin (BTC) has expressed an uncharacteristic lack of price action. In fact, since April 16th, BTC has ranged between $5,170 and $5,325, as buying and selling orders have dwindled to month-to-date lows. However, one analyst, Murad Mahmudov of Adaptive Capital, is predicting that over the coming week or two, the cryptocurrency markets will finally begin to show signs of action after some further stagnation. In a recent Trading View post, the prominent analyst, who…

Analyst’s Forecast: Bitcoin (BTC) Could Rally To $5,800, Then Collapse By $1,000

April 20, 2019 boss