Day: April 29, 2020

Maker Debt Crisis Post-Mortem Recommends New Safeguards

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MakerDao (MKR) has published a new report that attempts to put the events of ‘Black Thursday’ into context — and recommends safeguards to ensure it can never happen again. On March 12-13 a roughly 50% crash in the price of Ethereum (ETH) led to the under-collateralization of the debt positions underpinning Maker’s Dai (DAI) stablecoin. The document, which was authored by ‘MakerMan’, said the crash drove liquidations that “effectively swamped” the system’s liquidators. With the ETH network suffering from congestion, users were unable to participate in auctions, resulting in a…

Bitcoin Pre-Halving Price Rally Continues to $8K With New Higher High

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Bitcoin (BTC) price has secured another higher high at $7,863 as traders continue to press for a break of the resistance at $8,000.  With just 13 days left before mining reward halving investors are hopeful that the top-ranked cryptocurrency on CoinMarketCap can at least break above the 100-day and 200-day moving average (at $8,000) in order to tackle another key resistance level at $8,500.  Crypto market daily price chart. Source: Coin360 Recently, Cointelegraph contributor filbfilb explained that “breaking the confluence of resistance at $8K will be a tall order for…

BITCOIN FINAL MOMENT INCOMING! BTC UNEXPECTED MOVE IF THIS DOESN'T HAPPEN BEFORE SUNDAY!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🌌 Want more in-depth TA and charting hints? Check out T4!! 🚨GET YOUR LEDGER!! 🚀 Follow me on TWITTER: Disclaimer: The information I discuss in the videos on this channel are only the views of myself and are not to be taken as financial advice. The purpose of these videos are to promote discussion and interest in the crypto-space. Also, we like to make jokes! bitcoin, BTC, Bitcoin price, BTC price, bitcoin price prediction, BTC 2020, btc price prediction, Crypto, Bitcoin price…

Ethereum Highly Bullish And Primed To Surge Towards $220

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Ethereum is trading in a bullish zone above the $195 level against the US Dollar. ETH will most likely clear the $200 resistance for a run towards the $220 level. Ethereum is showing a lot of positive signs above the $195 support zone. The price is currently attempting an upside break above the $200 resistance area. There was a break above a major contracting triangle with resistance near $197 on the hourly chart of ETH/USD (data feed via Kraken). The pair could surge above the $200 barrier and test the…

Millionaire Arrested for Wife’s Murder in $10M Monero Ransom Kidnap Case

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When Norwegian millionaire Tom Hagen reported that his wife had been kidnapped in October 2018, included was a ransom note demanding $10 million worth of the cryptocurrency Monero. Now, after Hagen’s arrest by local authorities on April 28 on suspicion for the murder of Anne-Elisabeth Hagen, it seems as if the ransom demand could have simply been a way to cover up the crime. The case has gripped the nation and Reuters reported on April 29 that Police Lawyer Aase Kjustad Eriksson told a news conference that, after an 18…

Consensys Is Trying To Put Health Care On The Blockchain

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethan Pierse spoke to Dr. Alex Cahana, Chief Medical Officer at Consensys Health about their plans to put health care on the blockchain. ————– For more find us on: WEBSITE: www.blocktv.com FACEBOOK: TWITTER: @BLOCKTVnews TELEGRAM: t.me/BLOCKTV INSTAGRAM: LINKEDIN: CONTACT: Newsdesk@blocktv.com ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Breaking This Single Level Will Spark a Pre-Halving Rally

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Bitcoin is showing bullish signs above the $7,700 level against the US Dollar. BTC could start a strong pre-halving rally if it breaks the $8,000 resistance and the 100-day simple moving average. Bitcoin is following a positive path above the $7,500 pivot level against the US Dollar. The price is now facing a major hurdle near $8,000 and the 100-day simple moving average. There is a key bullish trend line forming with support at $7,200 on the daily chart of the BTC/USD pair (data feed from Kraken). The pair could…

Bitcoin SV Rivals VISA for Transactions Claims Bitcoin Association

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The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now rivals credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) receive “better returns” than on BTC. In its first annual report, the Bitcoin Association (BA) said the Bitcoin SV scaling test network had “consistently sustained 1,300 transactions per second for a prolonged period, in addition to handling a peak load of 6,400 transactions per second” “To put the transaction capacity in perspective, the VISA network, which has long been viewed as…

Stablecoins Are the “Gateway to Decentralization”

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Speaking to attendees at Virtual Blockchain Week from her home in Kansas, Alyze Sam, co-author of a major guide to stablecoins, suggested stablecoins could be the key for big companies like Facebook and JP Morgan accepting decentralized assets as payment.  Her midwestern charm matched her deep knowledge of stablecoins, and Sam sees these digital assets as having a place in the crypto world for the long haul.  “They don’t have that decentralization. They don’t fill that freedom that we all want to experience. But stablecoins offer the benefits of a…