Day: August 18, 2019

Bitcoin Fights to Hold at $10,150 as US Stock Market Sees Minor Uptrend

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Sunday, Aug. 18. — Most of the top 20 cryptocurrencies are suffering moderate losses on the day, as Bitcoin (BTC) struggles to stay over the $10,150 mark again. Market visualization courtesy of Coin360 Bitcoin price is currently down by 1.79% on the day, trading at around $10,166 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 10.4%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin in terms of its market capitalization, which currently stands…

US Court Finds Craig Wright Untrustworthy; Kleiman’s Case to Continue

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Self-proclaimed Bitcoin inventor, Craig Wright, just hit the rock with his recent case with David Kleiman’s estate. The ongoing drama between Wright and his late business partner, David Kleiman, seems to have taken another turn after the presiding judge found Wright’s testimonies wanting. The case, which was filed about a year ago, is based on an allegation that the yet-to-be-confirmed Bitcoin inventor stole Bitcoin(BTC)trade worth over a million of dollars that he allegedly owes to his late partner. Amidst fighting for his claim to the Bitcoin throne, Wright was caught…

Bitcoin (BTC) Price Weekly Forecast: Decline Far From Over

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There was a strong drop in bitcoin price below the $10,500 support against the US Dollar. The price is currently correcting losses, but it remains below key hurdles near $10,500. There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to resume its decline below the $10,000 and $9,800 support levels. Bitcoin price is trading in a downtrend below $10,500 and $10,800 against the US Dollar. BTC price remains at a risk of…

Ethereum Price Weekly Forecast: ETH Could Climb Above $200

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ETH price declined heavily below the key $200 and $190 support levels against the US Dollar. The price is currently consolidating losses after trading as low as $174. There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could start a strong upward move once it breaks the $195 and $200 resistance levels. Ethereum price is currently consolidating losses against the US Dollar and bitcoin. ETH price could either climb above $195 and $200 or it…

Japan to Solarize Its Burgeoning Digital Economy, Expert Take

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Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of electric energy, which is currently produced with coal and fossil fuels that have adverse environmental effects. A global shift toward green energy will require the removal of the technological/infrastructural, financial and regulatory/tax-policy barriers. In this series, we evaluate the tax, digital technology and solar policies (including a space solar power satellite) of the top carbon dioxide-emitting countries. In 2009, Japan — the Land of the…