Day: April 30, 2020

Crucial Bearish Sign That Haunted Bitcoin Since $5ks Was Just Invalidated

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A reoccurring theme in many Bitcoin analyses over the past few weeks has been mentions of a “rising wedge.” For those unaware, a rising wedge is a common chart pattern marked by a strong uptrend. Although this uptrend may seem bullish from a top-down perspective, rising wedges are textbook reversal patterns. Per Investopedia, this form of technical analysis wedge is often seen amid bear markets, and often result in the asset falling, especially if volume across the period analyzed consistently trends lower. Ever since Bitcoin started to form an uptrend…

Chinese Internet Giant Tencent Launches Blockchain Accelerator

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Tencent, the operator of Chinese social media app WeChat, is launching a blockchain accelerator.  Announced on the company’s website on April 29, the “Tencent Industrial Accelerator” is open to both early-stage and mature blockchain startups, with a total of 30 places available.  To qualify, projects must have at least one financing round behind them.  Applications are being accepted until June 6. What does the accelerator offer? Tencent’s blockchain accelerator will focus on a variety of recruitment areas including industrial blockchain solutions and blockchain applications for data sharing, supply chain financing…

Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving

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With bitcoin’s price jumping to a two-month high above $9,000, even mining equipment thought obsolete is becoming profitable again, at least for a short time. According to the miner profitability index, tracked by mining pools PoolIn and F2Pool, older mining rigs, such as Bitmain’s AntMiner S9 or Canaan’s Avalon A851, can now generate a 10% to 20% gross margin at an average electricity cost of $0.05 per kilowatt-hour (kWh). For those that have adopted miner efficiency improvement methods, such as merging two S9s into one or lowering voltage to boost…

Bitcoin HALVING, Bull RUN, Global Economy. What Can History Tell Us? The SIGNS Are ALL AROUND US!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ►A TREMENDOUS article by Mark Helfman takes a look back at what the BItcoin and cryptocurrency market can tell us coupled with the fact of how the track has been laid for the next JAW-DROPPING bull run but when? With the economic downturn has this parabolic event been vastly delayed OR are these prices coining up to w MOON SHOT that will DWARF the Run of late 2017? Institutions, Price History, Halving Data and current events evaluated for todays report. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►SCAM…

Bitcoin Options Trading Volumes Surge as Price Moves Above $9.4K

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Bitcoin jumped to two-month highs early on Thursday and now looks set to register its biggest monthly gain in nearly a year. The top cryptocurrency by market value rose to $9,469 at 06:05 UTC, the highest level since Feb. 25, having rallied from $7,700 to $8,900 on Wednesday, according to CoinDesk’s Bitcoin Price Index. At press time, the cryptocurrency had dropped back to around $8,750, still up more than 36 percent on a month-to-date basis. That is the biggest monthly gain since May 2019 when the cryptocurrency had rallied by…

Bitcoin Price Rockets to Two-Month High Above $9,400

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Bitcoin jumped to two-month highs early on Thursday and now looks set to register its biggest monthly gain in nearly a year. The top cryptocurrency by market value rose to $9,469 at 06:05 UTC, the highest level since Feb. 25, having rallied from $7,700 to $8,900 on Wednesday, according to CoinDesk’s Bitcoin Price Index. At press time, the cryptocurrency had dropped back to around $8,750, still up more than 36 percent on a month-to-date basis. That is the biggest monthly gain since May 2019, when the cryptocurrency had rallied by…

Bitcoin Doubles Gold’s YTD Rate of Return in 1 Day as Gains Top 27%

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Bitcoin (BTC) hitting almost $9,500 on April 30 was a boon for cryptocurrency investors — but gold bugs were left holding the buck. As BTC/USD climbed to eight-week highs on Wednesday, the pair’s already handsome year-to-date returns began outshining its last major competitor — gold. Schiff blames speculators as BTC launches As Cointelegraph reported while prices aimed for $9,000, gold was still the best bet year to date. Now, however, Bitcoin has obliterated the precious metal’s rate of return. Topping out at $9,440 on Thursday, BTC doubled gold’s 13.1% rate…

Bitcoin Price Jumps 16%, BTC Trading Above $9,200, Fed Throwing ‘Helicopter Money’ Out

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Bitcoin price surged 16% and crossed $9,200 by now. Market factors include the beginning of the removal of quarantine in the EU and the most powerful emission of the Central Bank of the EU and the Fed. Bitcoin‘s price jumped Wednesday representing the biggest rise in the last six weeks. And the price is still growing. That was actually a lot better than most of the U.S. stocks as well even though Federal Reserve (Fed) did promise that it will keep pumping new money into markets. Immediately after the promise…

Mining Bitcoin Gratis 2020 👉 Live Withdraw Dogecoin ke wallet

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Alibaba Patents Blockchain System That Spots Music Copycats

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Alibaba has patented a blockchain-based means of vetting the originality of songs. Granted by the U.S. Patent and Trademark Office on April 21, the process as described by the Chinese e-commerce giant addresses one of the recording industry’s major issues – protecting the copyright of music tracks – by hosting and vetting that content on a blockchain. One validation node and multiple music library nodes comprise the blockchain. The validation node performs “originality analysis” on a music track to evaluate how similar its tune, tempo and other factors such as…