Reminiscent of the internet boom of the late nineties, fast-growing industries such as blockchain often bring about a heightened level of enterprise, creativity and innovation, resulting in myriad startups and project launches all around the world. However, building any new venture from the ground up requires perseverance and endurance. This is especially true for a nascent industry such as blockchain, which has the potential to make a long-term impact on our social and economic systems. In this article, we will examine the lessons learned over the years with blockchain technology,…
Day: January 14, 2021
Is a new rally brewing as Bitcoin reclaims $38K and stablecoins ‘flooding’ exchanges?
The price of Bitcoin (BTC) has extended its recovery on Jan. 14, reclaiming the $38,000 level. What’s more, the weekly candle has now turned green for the fifth consecutive week despite the 28% crash earlier this week. BTC/USD Weekly candle chart (Bitstamp). Source: Tradingview Meanwhile, stablecoin deposits are flooding into cryptocurrency exchanges, according to data from CryptoQuant. This inflow may act as a short-term catalyst for Bitcoin as it suggests that sidelined capital is moving back into BTC. Stablecoins inflow on exchanges. Source: CryptoQuant Why are stablecoins indicative of strong…
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its own money to establish the mining facilities. The province, which has since legalized crypto mining, will be mining bitcoin (BTC) for profit, BOL News, a local media organization, reported. No details were given about the…
Crypto Markets Break down! | Bondly Potential Altcoin Gem?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin, Ethereum and Altcoin Market Analysis. Plus a look at Injective Protocol, API3 and Bondly. Timestamps 00:23 Bitcoin Market Analysis 06:05 Ethereum Market Analysis 10:16 Litecoin, XLM and XRP update 12:33 Injective protocol Update 15:16 API3 Price Update 17:03 Bondly Token Generation Event Don’t forget to share this video with friends and family! Socials: ********************************************* For 1 to 1 education on Charts and Technical Analysis and/or Blockchain and Crypto Fundamentals? Contact me at: Confidentincrypto@gmail.com Professionals can manage Cryptocurrency investments for you, so…
Polkadot (DOT) Surges 35%, Key Resistance Turned Support at $10.5
Polkadot’s DOT started a strong surge after it broke the $10.00 resistance against the US Dollar. It is up over 35% this week, and it outperformed bitcoin. DOT gained pace above the $9.50 and $10.00 resistance levels against the US dollar. The price traded to a new yearly high at $11.60 and settled well above the 100 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $9.35 on the 4-hours chart of the DOT/USD pair (data source from Kraken). The pair could…
CRYPTO NEWS: Latest BITCOIN News, UTOPIA News, ETHEREUM News, RIPPLE News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRYPTO NEWS: Latest BITCOIN News, UTOPIA News, ETHEREUM News, RIPPLE News ★ UTOPIA OFFICIAL WEBSITE ➤ ★ UTOPIA CRP BUY WEBSITE ➤ ★ UTOPIA LISTED ON ➤ ➤ AND ➤ Bitcoin Lost $ 900 Per Hour: Global Market Capitalization Lost $ 35 Billion Bitcoin suffered a notable crash, losing about $ 900 per hour. On December 8, 2020 at 6 a.m. UTC, BTC plummeted from $ 19,299 to $ 18,798 in just 3 hours, with a low of $ 18,680. BTC was…
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Why Dips Could Be Limited
Ethereum started a decent increase above $1,080, but it failed again near $1,150 against the US Dollar. ETH price is consolidating and it could make another attempt to clear $1,150. Ethereum is still struggling to clear the main $1,150 resistance zone. The price is now trading near the $1,100 zone and the 100 hourly simple moving average. There is a key ascending channel forming with support near $1,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could soon make another attempt to clear the $1,150 resistance…
Exodus of key staff from Aragon amid philosophical differences
It’s been a rough week for the Aragon governance platform where philosophical differences have brought about a long list of resignations. Aragon co-founder Jorge Izquierdo announced on Jan. 11 he would no longer be working as CEO of the for-profit Aragon One, a company dedicated to building tools and services related to Aragon. Aragon is an Ethereum-based platform involved with decentralized governance. The announcement took place just hours after news broke that Aragon had purchased Dvote Labs, the company behind blockchain voting protocol Vocdoni. Today I resigned as Aragon One’s…
5 stories that suggest crypto is moving into ludicrous territory
The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a bull run gets going, life in the crypto gets increasingly weird. Maybe that’s because retail is finally here, with social media interest in Bitcoin hitting an all-time high last week. The result is a hilarious combination of noobs trying to understand crypto amid crazy memes, influencers doling out terrible advice, and faded celebs shilling Bitcoin…