A large part of the economy will always remain dependent on gamers. Whether it was parents throwing down $200 for a Nintendo Entertainment System back in the 1980s or millions enticed by freemium models, people around the world are drawn in by addictively fun games. Blockchain-based games like The Sandbox (TSB) are fulfilling these needs for a new generation of users, and Ethereum has been quick to capitalize on its success. The first presale of TSB was in Dec. 2019, which sold more than 3000 pieces of LAND – virtual…
Day: February 18, 2020
Here’s Why Bitcoin Bulls Need To Be Very Careful Here: A Big Pullback Is Still Possible
Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the chart, but the bulls need be very careful unless the price breaches $10K. There was a break above a key declining channel with resistance near $9,730 on the hourly chart of the BTC/USD pair (data…
Here’s Why Bitcoin Bulls Need To Be Very Careful Here: A Big Pullback Is Still Possible
Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the chart, but the bulls need be very careful unless the price breaches $10K. There was a break above a key declining channel with resistance near $9,730 on the hourly chart of the BTC/USD pair (data…
Crypto Custodian Copper Raised $8 Million for Expansion
Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of the asset, owns the asset. While users typically had to store their own BTC private keys when the cryptocurrency was launched, now there are more solutions like cypherpunk storage and crypto banks like Coinbase. At present, crypto custody solutions range from: Self-custody Third-party custody Inter-exchange custody Copper and Binance are…
Ripple (XRP) Rally Remains Attractive To The Bears If Price Surges To $0.31
Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area. Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar. The price is back above the $0.2800 area, but it lacks bullish momentum. Yesterday’s two connecting bearish trend lines were breached with resistance near $0.2865 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could recover towards the $0.3000, $0.3050 and…
Ethereum Smashes Key Resistance: Technicals Indicate Fresh Rally To $288
Ethereum remained well bid above the $240 support area against the US Dollar. ETH price started a fresh increase and it could soon revisit the $288-$289 resistance zone. Ethereum is recovering losses and it recently climbed above the $265 resistance against the US Dollar. The price is gaining pace and it could rise further above $270 and $275. Yesterday’s highlighted key bearish trend line was breached with resistance near $262 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is slowly recovering and it could test the…
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which the Keiser Report host declared a new $400,000 target for bitcoin. The two discussed the freedom-forged properties of the permissionless money, the global economy, and the coronavirus connection. Also Read: 50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires…
Dow Futures Plummet as Coronavirus Forces Shock Apple Announcement
Apple surprised stock market investors on Monday as it lowered its revenue guidance amid the coronavirus crisis. Dow futures fell after the note was released, as investors brace for more downgrades from other U.S. companies with exposure to China. A new report from the Chinese CDC claims several worrying facts about the epidemic. Dow futures dropped more than 100 points on Monday. The downturn happened after Apple noted that it would not be able to hit its revenue guidance due to the impact of the coronavirus. The move lower came…
If Mookie Betts Can’t Save the Dodgers, No One Can
Although it looked unlikely early on, the LA Dodgers have won the off-season with their trade for Mookie Betts and David Price. Last season, the Dodgers won a franchise-best 106 games. Have these moves made them even better? Can Mookie Betts lead the Dodgers to their first World Series victory in over 30 years? By trading for Mookie Betts and David Price, the LA Dodgers won the MLB offseason. Things didn’t look so great early on, though. Dodgers Saved Their Off-Season With Last-Minute Heroics The early offseason for the Dodgers…
Persona 5 Switch Port Is Something Atlus Should Just Shut Up and Do
Atlus, creators of the Persona series, has been asked for a Switch port of their latest Persona game numerous times. Despite this, Atlus’ communications manager says that fans’ voices must continue to be heard if the port is going to happen. Apparently, Atlus just doesn’t know what’s good for them as a company anymore. Recently it came out that Atlus, creators of Persona 5, knows how much fans want a Switch port. IGN spoke to Ari Advincula, Atlus’ communications manager, and asked her if fans should give up on the…