Day: July 6, 2020

China Stocks Boom Bullish for Bitcoin? 5 Things to Watch This Week

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Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance? Cointelegraph Markets takes a look at the main things traders should focus on in Bitcoin for the coming five days.  Stocks recover led by China  Stock market futures showed a mixed but overall stronger mood going into Monday. Data, notably last week’s better-than-expected United States employment figures, helped to buoy the mood. Stocks continue to rise, with Chinese stocks booming, despite the rapidly increasing spread of coronavirus. China’s FTSE A50…

Cardano Gains Momentum as Ethereum 2.0 Release Continues to Stall

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Ethereum co-founder, Vitalik Buterin, recently appeared on the Hashing It Out podcast to discuss the latest developments with Ethereum. Hosts Corey Petty and Dean Eigenmann quizzed Buterin on his regrets over Ethereum’s initial launch, and how ETH2.0 will gear towards addressing those concerns. With that, Buterin acknowledged that, when designing Ethereum, many mistakes were made. With the benefit of hindsight, he admits that the Ethereum architecture isn’t as efficient as it could be. One example he gave related to the use of hexary trees, instead of binary trees, to store…

Bitcoin Is June THE Month You've Been Waiting For? June 2020 Price Prediction & News Analysis

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Ethereum Smashes Crucial Hurdle And It Could Rally To $250

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Ethereum formed a strong support base above the $224 level against the US Dollar. ETH is up over 3% and it broke the key $230 and $232 resistance levels. Ethereum is gaining bullish momentum above the $230 pivot and the 100 hourly simple moving average. The price is up more than 3% and it even tested the $235 resistance level. There was a break above a major bearish trend line with resistance near $230 on the hourly chart of ETH/USD (data feed via Kraken). The pair is showing positive signs…

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Tron (TRX) Price Jumps 5% And Showing Early Signs of A Fresh Rally

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Tron price formed a strong support base above $0.0150 against the US Dollar. TRX is currently up over 5% and it seems like the bulls are aiming a larger rally in the near term. Tron price is gaining traction and it is trading nicely above $0.0168 against the US dollar. The price traded to a new weekly high at $0.0177 and it is showing positive signs. There was a break above a connecting bearish trend line with resistance near $0.0168 on the 4-hours chart of the TRX/USD pair (data source…

Customer Service Is Key, According to OKEx’s CEO

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OKEx CEO Jay Hao recently noted customer service as a pivotal aspect of business, as part of an interview with Cointelegraph’s Jeffrey Albus.  “I think definitely customer service is crucially important,” Hao said. “After all, the customer is king.” The crypto space is still young The crypto industry arguably began with the inception of Bitcoin more than 10 years ago. As part of a young sector, many crypto and blockchain companies are still finding their sea legs in their products, services and offerings, while others look to perfect their operations.…

Singapore’s Blockchain Landscape Has Grown More than 50% Since Last Year

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A collection of organizations teamed up to produce a “map” of what the blockchain landscape looks like in Singapore, and it’s a lot bigger in 2020 than it would’ve been in 2019. Supported by a Singaporean governmental agency called the Infocomm Media Development Authority (IMDA), this map is mostly a collection of company logos organized by specific business sector. The categories here range from corporate services to smart cities to protocol and infrastructure and beyond. A notable addition for 2020 is decentralized finance (DeFi), a sector that seems to be…

Bitcoin 10K: Ausbruch Echt oder Fake?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Der Bitcoin-Preis bricht die 10K-Marke. In dieser Ausgabe beschäftigen wir uns damit, ob der Ausbruch nachhaltig sein kann und warum auch ein Rückfall unter die 10K aus Sicht eines Traders nicht unbedingt ein Fake bedeuten muss. ►► ► Endlich erfolgreich traden: Mein seit über 10 Jahren konstant, erfolgreiches Trading-System erlernen und selbst anwenden. Mit Geldrückgabe-Garantie und 0% Finanzierung. ►► ►Nachhaltig erfolgreich im Kryptomarkt: Der Cryptodschungel verspricht hohe Renditen in kurzer Zeit. Doch die meisten Trader sind von der Volatilität überfordert und von…

Bitcoin at Potentially Significant Turning Point: $9,000 Holds The Key

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Bitcoin declined sharply after it faced a strong rejection near $9,200 against the US Dollar. BTC is still holding the $9,000 support, below which there is a risk of a sustained decline. Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low. The price is now facing a major resistance near $9,100 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $9,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could…