Category Archives: Blockchain

Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort

The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. He also says that he thinks the project ambitious. This may force Facebook … Continue reading Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort

Four Figure Frenzy as Bulls Bounce Bitcoin Back By 20%

The long awaited correction target of thirty percent has been hit but yet again, Bitcoin has shown monumental resilience bouncing back by over $1,800 in a matter of hours. A buying frenzy at four figures resulted in a return to $11k as the correction seemingly came and went in one quick flash. Bitcoin Bounces Back … Continue reading Four Figure Frenzy as Bulls Bounce Bitcoin Back By 20%

Analyst: Tether Print Hints Strong Bitcoin (BTC) Recovery Back After $4,000 Fall

That’s right ladies and gentlemen, Bitcoin (BTC) has fallen to $9,800. This marks a 30% decline from the asset’s year-to-date high of $13,800 — a key technical resistance and support on Bitcoin’s long-term chart. As analyst Teddy Cleps points out, this foray under $10,000, the first of its kind in about ten days, puts BTC under an … Continue reading Analyst: Tether Print Hints Strong Bitcoin (BTC) Recovery Back After $4,000 Fall

Cardano Founder Responds To Critics, ADA On The Chopping Board

Cardano (ADA) crumbling, down 18.7 percent Facebook gives nothing in return says, Charles Hoskinson Charles Hoskinson, the co-founder of Cardano, is often brazen. After forcing changes in the Cardano Foundation, he now says Facebook enslaves and gives nothing in return. Presently, ADA is down 18.7 percent week-to-date. Cardano Price Analysis Fundamentals Online commentators believe that Facebook is … Continue reading Cardano Founder Responds To Critics, ADA On The Chopping Board

IBM-Maersk Shipping Blockchain Gains Steam With 15 Carriers Now on Board

IBM has recruited two more major shipping carriers to join the blockchain platform it co-owns with container giant Maersk.  Announced Tuesday, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) – the world’s fifth and sixth largest carriers respectively – are the latest ocean carriers to join the TradeLens blockchain. They follow top-five carriers CMA CGM and … Continue reading IBM-Maersk Shipping Blockchain Gains Steam With 15 Carriers Now on Board

Bitcoin Price Drops Under $10,000 as Downtrend Continues

Monday, July 1 — Bitcoin (BTC) lost its grip on the $11,000 price mark earlier today to sink below $10,000 at press time. The leading cryptocurrency has pulled other top-20 coins down, with none of them reporting gains, according to data from Coin360. As Cointelegraph reported earlier, market analysts were expecting a 40% correction from the recent highs of … Continue reading Bitcoin Price Drops Under $10,000 as Downtrend Continues

Blockchain Retains Nominal Role in Cleveland Tech Hub

Tower City Center, which was purported to become a blockchain hub in Ohio, is now slated to become an entrepreneurial center. According to a report by cleveland.com on July 1, the Tower City shopping mall had been struggling financially, and was thought to be receiving an overhaul as a Cleveland-based blockchain center at some point. However, Blockchain Cleveland member Bernie Moreno … Continue reading Blockchain Retains Nominal Role in Cleveland Tech Hub

BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

After issuing comments and reports heavily critical of cryptocurrencies over the last few years, Agustin Carstens, chief of the Bank for International Settlements (BIS), has acknowledged that central banks will likely soon need to issue their own digital currencies. Speaking to the Financial Times on Sunday, Carstens said that BIS – which acts like a central bank for central … Continue reading BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

Bitcoin Forming Double Bottom: Can Bulls Gain Momentum?

There was another rejection near the $12,200 resistance in bitcoin price against the US Dollar. The price revisited the main $10,500 support area and it is currently correcting higher. There is a key connecting bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The … Continue reading Bitcoin Forming Double Bottom: Can Bulls Gain Momentum?

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