Category Archives: Bitcoin

Bitcoin And Crypto Market Cap Testing Support: BCH, XLM, EOS, TRX Analysis

The total crypto market cap declined recently, but stayed above the $280.0B support area. Bitcoin price is down more than 8% and it recently tested the $10,800-11,000 support area. BCH price is trading above the $400 support area and is facing hurdles near $425 and $430. EOS price is struggling to settle above the key … Continue reading Bitcoin And Crypto Market Cap Testing Support: BCH, XLM, EOS, TRX Analysis

Altseason Calls Escalate Following Major Bitcoin Volatility

The calls for a Bitcoin correction have been getting stronger. Talk of altseason has also started to intensify as many expect the daddy of crypto to take a breather sooner or later. Altcoins have generally been battered during this recent digital gold rush but that could all change if BTC pulls back. Bitoin Bounces From … Continue reading Altseason Calls Escalate Following Major Bitcoin Volatility

Bitcoin up 250% From Bottom, Same Again to $40,000 BTC

A big bullish weekend is usually followed by a red Monday for bitcoin and crypto markets but this has yet to materialize. BTC has continued to climb and is now back at its 2019 and fifteen month high again. Further gains are likely and if Bitcoin can repeat is previous six month’s performance big things … Continue reading Bitcoin up 250% From Bottom, Same Again to $40,000 BTC

SWIFT Gives Blockchain Platforms Access to ‘Instant’ GPI Payments Following R3 Trial

Global interbank messaging giant SWIFT has revealed it will allow blockchain firms to make use of its Global Payments Innovation (GPI) platform for near real-time payments. In a report published late last week, SWIFT said that, following a successful proof-of-concept with R3’s Corda platform, it would “soon be enabling gpi payments on DLT [distributed ledger technology]-based trade platforms.” Saying … Continue reading SWIFT Gives Blockchain Platforms Access to ‘Instant’ GPI Payments Following R3 Trial

US House of Representatives to Hold Hearing on Facebook’s Libra in July

The United States House Financial Services Committee will be holding a hearing on the social media giant Facebook’s proposed virtual currency Libra on July 17, according to a press releaseon June 24. The announcement comes by way of committee chairwoman Rep. Maxine Waters, who previously had called on Facebook to cease work on Libra until Congress and regulators had a chance to scrutinize the proposal: “Given the company’s … Continue reading US House of Representatives to Hold Hearing on Facebook’s Libra in July

Bitcoin Hits $9,800: These Indicators Suggest Crypto May Surge Even Faster

Just weeks ago, certain analysts were calling that Bitcoin (BTC) was topping. These crypto investors used terms like “strong correction” and “bearish retracement” to describe Awhat they expected to come to fruition. While they were partially right, in that BTC fell to $7,450 from $9,100 in a week’s time, what followed was shocking, catching traders … Continue reading Bitcoin Hits $9,800: These Indicators Suggest Crypto May Surge Even Faster

Meet Alternateth: A ‘Friendly Fork’ of the Ethereum Blockchain

One ethereum community member is about to begin what one might call a “friendly fork” of the ethereum blockchain. Called “Alternateth,” James Hancock, project team lead at ethereum startup ETHSignals, told CoinDesk in interview that he hopes the network will act as “a sister chain” to ethereum validating ideas and proof-of-concepts before adoption on the … Continue reading Meet Alternateth: A ‘Friendly Fork’ of the Ethereum Blockchain

Crypto Market Could Rally Further: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap gained momentum and climbed towards the $288.0B level. Bitcoin price surged more than 5% and it recently traded towards the $9,750 level. EOS price is likely to gain momentum once it settles above the key $7.000 resistance level. Binance Coin (BNB) is up more than 4% and it recently broke … Continue reading Crypto Market Could Rally Further: Bitcoin Cash, BNB, EOS, TRX Price Analysis

Rep. Waters: US Can’t Let Facebook’s Crypto ‘Compete With the Dollar’

The chair of the U.S. House Financial Services Committee is doubling down on her calls for Facebook to pause development on its new blockchain, Libra. Two days after calling for a hearing, Rep. Maxine Waters (D-Calif.) appeared on CNBC Thursday afternoon calling for a “moratorium” on Libra development. “It’s very important for them to stop right … Continue reading Rep. Waters: US Can’t Let Facebook’s Crypto ‘Compete With the Dollar’

Italy’s Banking Sector Will Boost Reconciliations With Blockchain

The Italian Banking Association (ABI) will deploy blockchain technology to run reconciliations beginning March 2020, Finextra reported. The first use of the blockchain among Italy’s banks will integrate distributed ledger technology in interbank processes to accelerate settlements. The move is part of the Spunta Project, a program managed by ABI Lab, the association’s research and innovation arm, … Continue reading Italy’s Banking Sector Will Boost Reconciliations With Blockchain