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Ethereum is up close to 15% and it broke many hurdles against the US Dollar. ETH price settled above the $170 level and it is facing a key resistance near the $175 level. Ethereum rallied more than 10% and broke many resistances near $165 and $170. The bulls pushed the price towards the next key hurdle near $174-$175. There was a break above a crucial bearish trend line with resistance near $158 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently consolidating gains near $170…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Beneath the Surface: Stories of Our People. By Turner Mining Group Turner Mining Group is a people company that moves dirt. Every team member who … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Bitcoin is currently trading in a broad range above the $6,500 support against the US Dollar. BTC is facing a major resistance near $7,500 and the 100-day simple moving average. Bitcoin is still in a larger downtrend below the $7,500 resistance against the US Dollar. The price is currently consolidating above the $6,500 support area. There is a major bearish trend line forming with resistance near $7,580 on the daily chart of the BTC/USD pair (data feed from Kraken). The bulls are likely to face a strong resistance near $7,500…
The United States Commodity Futures Trade Commission (CFTC) has filed a complaint against Florida resident Alan Friedland for fraudulently raising $1.6 million through a cryptocurrency tied to a forex trading scheme. The April 16 filing accuses Friedland and his companies Fintech Investment Group, Inc and Compcoin LLC of illegally soliciting investments and publishing “untrue and materially misleading” press materials for its digital asset Compcoin from 2016 until 2018. ‘Proprietary trading algorithm’ The defendant claimed that Compcoin would allow customers to access Fintech’s proprietary trading algorithm ART and would deliver high…
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Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction in 2009, with strong custodial, exchange, and futures infrastructure. Yet, one cryptocurrency analyst known as cryptocomicon recently laid out a series of compelling reasons why one should not invest in Bitcon. The three that stood out most were limited privacy, centralized mining, and the lack of scalability. Despite each of these being valid points to consider, they can also be seen as advantages…
Network technology company Jinwowo and the China Mobile Blockchain Association Committee held a “cloud signing” ceremony on April 13 to partner on the development of the first “blockchain and e-commerce ecology” laboratory in Chongqing China, according to a Yuzhong news report. Blockchain solved the trust issue Jinwowo will develop a blockchain called ‘gold chain’ to help e-commerce enterprises solve trust issues and supplier responsibilities Issues. The aim is to make the e-commerce industry more trustworthy. The report quoted Jinwowo’s project manager as saying: “The laboratory will accelerate the application of…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ispolink – это первая в мире платформа подбора персонала, использующая блокчейн и технологию искусственного… ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Crypto trader Scott Melker says that while stocks and Bitcoin (BTC) have appeared to move in tandem since Black Thursday: “They are not correlated assets”. In a Twitter thread for his 84,000 followers, “The Wolf Of All Streets” outlined his theory about why Bitcoin will tread its own path during the financial crisis. Melker looked at the price of BTC since its creation in 2009 and compared it to assets in legacy markets like stocks. According to Melker, the cryptocurrency has only been moderately correlated with traditional markets for a…