Bitcoin Price Analysis: BTC/USD Capped By 1-hour SMA50 – Confluence DetectorBTC/USD is changing hands at $8,820 as bullish attempts stop short of the local resistance created by the sloping 1-hour SMA50. The bulls forced this barrier during early Asian hours, but failed to hold the ground and retreated to the previous range. BTC has stayed […]

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Bitcoin (BTC) poked its head above the $9,000 level briefly during morning trading in New York but fell to below $8,700 on selling. As of 20:35 UTC (4:35 p.m. ET), bitcoin was trading at $8,846, a loss of 1% over 24 hours.  The largest cryptocurrency by market cap is currently trading below its 10-day and […]

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Three European companies are jointly developing a blockchain-based “Covid-19 health passport.” The passport will help governments to monitor the population’s state of immunity in real-time. The passport will be updated with coronavirus test results. If you have the coronavirus, that result will be timestamped (to ensure it can’t be falsified) and updated in real-time. It will run on […]

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Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by 30% since its halving event, and only accounts for about 2% of the SHA-256 hashrate. Elmandjra now thinks it’s only a question of time before somebody takes advantage of the network:“Surprised we […]

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As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks.One of the biggest gainers is Theta Token (THETA), which has gained 1,000% since the crash on Black Thursday (March 12). The second token of […]

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BTC dominance – a metric that weighs the entire Bitcoin market cap against other crypto assets – has been falling in recent weeks, giving many small-cap altcoins a chance in the limelight. The short-lived altcoin season could come to an abrupt end, however, according to a highly reliable indicator.BTC Dominance To Grow, Putting Sudden End To […]

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In a recent Cointelegraph interview, Charles Hoskinson elaborated on the crypto-native chip that IOHK is working at its blockchain lab at the University of Wyoming that may lead to many groundbreaking use cases, including a cash-like experience for cryptocurrency.Crypto-native MicrochipIt all began when IOHK, the company charged with the development of Cardano (ADA), began exploring […]

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Yesterday, the payments firm Mastercard announced it is joining the ID2020 Alliance to explore digital identity solutions.  The ID2020 Alliance was founded by Accenture, Microsoft, Gavi, Rockefeller Foundation and IDEO. Partners include NGOs, private companies and UN agencies.  The ongoing pandemic has led to the emergence of digital-only solutions that require users to prove who they are. […]

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Chainlink has been the superstar standout altcoin of the crypto market for the last two years running. And while the 11th ranked crypto asset has outperformed nearly everything else in the space, its momentum may soon come to a screeching halt as an accurate sell signal has triggered on the altcoin’s daily price charts.Remembering Chainlink’s Rise […]

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A few days ago (May 14), the top-rated Coinbase exchange announced its listing of the Omise Go (OMG) altcoin, a popular midcap coin originally launched in 2017, on its Pro and standard trading platforms.https://t.co/Bxmt9ufhu5$OMG has gone parabolic yet again today, with the #CoinbasePro effect continue to bring greater positive returns to the 39th ranked market […]

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