Blockstream Releases Upgrade of Its Bitcoin Lightning Network Implementation
Mar02

Blockstream Releases Upgrade of Its Bitcoin Lightning Network Implementation

Blockchain development company Blockstream has released a new version of its Bitcoin (BTC) scalability software, c-lightning, a post on the company’s blog reveals on March 1. C-lightning is an implementation of the off-chain Bitcoin scalability solution, the Lightning Network (LN), that is written in the C programming language. Per the announcement, this latest version, c-lightning 0.7, is the first major release in 8 months and...

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Crypto Market Wrap: BNB Flippening as Binance Coin Jumps Tron, Stellar Next
Mar02

Crypto Market Wrap: BNB Flippening as Binance Coin Jumps Tron, Stellar Next

Crypto markets are still stagnant on Saturday; Zero movement on the majors, Binance Coin still rolling, Litecoin waking up. Market Wrap As we begin the weekend crypto markets are looking a little more buoyant but movement is still thin on the ground. A couple of the altcoins are making good progress which has kept total market capitalization above $130 billion for the time being. Bitcoin, which has been pretty inactive all week, yet...

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February Crypto Roundup: Maker, Binance Coin and EOS on Fire While Tron and XRP Lost Out
Mar02

February Crypto Roundup: Maker, Binance Coin and EOS on Fire While Tron and XRP Lost Out

February has been a rare month of gains for crypto markets. It is only the third month markets have ended higher since the bear market began. Total market capitalization has been up trending during February following losses the previous month. Starting out at $113 billion crypto markets climbed 14% and ended the month at $129 billion. They reached a two month high of $144 billion on the 24th but this could not be sustained. Bitcoin’s...

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Analyst: Bitcoin Faces Serious Demand Problem Despite BTC Holding Above $3,800 Support Level
Mar01

Analyst: Bitcoin Faces Serious Demand Problem Despite BTC Holding Above $3,800 Support Level

After trading sideways since experiencing some volatility over this past weekend, Bitcoin (BTC) has now established a fresh trading range between approximately $3,800 and $3,900, finding relative levels of support at the former price and resistance at the latter price. Now, analysts believe that the lack of significant buying pressure at these relatively low prices signals that further downside may be imminent. Bitcoin Stable Above...

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Crypto Market Wrap: Binance Coin Defies Markets With 10% Surge
Mar01

Crypto Market Wrap: Binance Coin Defies Markets With 10% Surge

Crypto markets are still consolidating this Friday; No movement on the majors but Binance Coin is bullish. Market Wrap The lethargy continues on crypto markets as we end another week. Nothing has moved since Sunday’s big dump and total market cap has remained at $130 billion. The consolidation continues for another day. Bitcoin hit an intraday high of $3,900 but instantly bounced back off of it signaling major resistance there. BTC...

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Bitcoin Price Watch: BTC Confined In Tiny Ranges Below Key Resistance
Mar01

Bitcoin Price Watch: BTC Confined In Tiny Ranges Below Key Resistance

Bitcoin price spiked above the key $3,860 resistance level, but it failed to gain pace against the US Dollar. The price is trading in a range below the $3,860 and $3,900 resistance levels. There is a short-term ascending channel in place with support at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dip towards the $3,740 support level before a fresh rebound towards $3,860. Bitcoin price is...

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Ethereum Price Analysis: ETH Recovery Facing Significant Resistance
Feb28

Ethereum Price Analysis: ETH Recovery Facing Significant Resistance

ETH price traded lower and broke the recent swing low to form near low near $126 against the US Dollar. The price bounced back sharply above the $130 resistance after trading to a new weekly low. There is a significant bearish trend line in place with resistance at $137 on the hourly chart of ETH/USD (data feed via Kraken). The pair is still facing many strong hurdles near the $137, $138 and $141 resistance levels. Ethereum price...

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Crypto Market Wrap: A Quick Recovery From $3 Billion Intraday Dip
Feb28

Crypto Market Wrap: A Quick Recovery From $3 Billion Intraday Dip

Crypto markets bounce back from a minor dump; EOS and Binance Coin making slow progress, the rest still stagnant. Market Wrap Things are still stable as we end another week in crypto land. Last weekend’s epic $17 billion big dump has not accelerated losses and total market capitalization has remained range bound at the $130 billion level for the best part of this week. Bitcoin almost tested $3,900 in an intraday high but could not...

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Analyst: Bitcoin Traders Should Look Towards BTC’s Fundamental Developments for Guidance on Future Price Action
Feb28

Analyst: Bitcoin Traders Should Look Towards BTC’s Fundamental Developments for Guidance on Future Price Action

Following Bitcoin’s relatively large levels of volatility over this past weekend, the cryptocurrency has been experiencing a bout of choppy trading but has been able to find some levels of stability above $3,800. BTC’s recent price action also seems to validate $4,200 as its next strong level of resistance. Although $3,800 has proved to be a level of support so far, one analyst believes that Bitcoin may drop towards $3,500 in the near...

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Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA
Feb27

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA

Bitcoin price is slowly recovering and it is currently trading above the $3,750 support against the US Dollar. There was a break above a short term contracting triangle with resistance at $3,795 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to struggle near the $3,860 resistance and the 100 hourly simple moving average. Buyers could gain traction only if there is a close above $3,900 and the 100...

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New York Startup Raises $6.5 Million to Store Crypto For Institutions: Clear Rise in Demand
Feb27

New York Startup Raises $6.5 Million to Store Crypto For Institutions: Clear Rise in Demand

A New York-headquartered cryptography pioneer has raised $6.5 million in order to create a new institutional standard for crypto asset security. In an industry first, the firm has unveiled an Institutional Digital Asset Wallet Service aimed at the bigger financial players that need more security and autonomy over their crypto assets. Ahead of The Curv on Crypto Curv, which also has research and development offices in Tel Aviv, has...

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Bitcoin SV (BSV) Surges 20%, Has Satoshi Found His Vision?
Feb26

Bitcoin SV (BSV) Surges 20%, Has Satoshi Found His Vision?

As crypto markets settle down from their epic dump over the weekend things are starting to move once again. Bitcoin itself has done very little but the spawn of its sibling, Bitcoin Cash, is doing very well at the moment. Bitcoin SV is on a roll surging 20% and poised to re-enter the top ten. Satoshi’s Vision Still Alive and Kicking Over the past 24 hours Bitcoin SV has surged from just over $61 to around $74 before pulling back a...

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Bitcoin Price Watch: BTC Recovery Won’t Be Easy Above $3,900
Feb26

Bitcoin Price Watch: BTC Recovery Won’t Be Easy Above $3,900

Bitcoin price declined heavily and later found support near the $3,630 level against the US Dollar. The price recovered recently and traded above the $3,700 and $3,750 resistance levels. There is a short term ascending channel in place with resistance at $3,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to face a strong resistance near the $3,880 and $3,900 levels in the near term. Bitcoin...

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Ethereum Price Analysis: ETH Remains Sell Until It Breaks 100 SMA
Feb26

Ethereum Price Analysis: ETH Remains Sell Until It Breaks 100 SMA

ETH price corrected a few points after a sharp decline below the $142 support area against the US Dollar. The price corrected above $138, but the previous supports at $141 and $142 prevented gains. There is a short term breakout pattern in place with resistance at $140 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $142 resistance and the 100 hourly simple moving average to move into a positive zone....

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Crypto Market Wrap: Analysts Warned About Correction in 2019’s Biggest Daily Dump
Feb25

Crypto Market Wrap: Analysts Warned About Correction in 2019’s Biggest Daily Dump

Crypto markets crash in 2019’s largest one day dump; Ethereum, EOS and BCH hammered, Tron and Binance Coin in less pain. Market Wrap How things can change in a single day. Crypto markets have shown their true colors once again in a violent dump of $17 billion in just a few hours. In what has been the largest single day plunge of 2019 market capitalization has been smashed back below $130 billion. Yesterday’s high for the year has...

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What Caused The $17 Billion Crypto Flash Crash?
Feb25

What Caused The $17 Billion Crypto Flash Crash?

What goes up must come down. Many had predicted a market correction but few of them expected it to be so fast and so violent. In just over an hour $14 billion was unceremoniously dumped out of crypto markets as Bitcoin and its brethren plunged back below previous levels of resistance. 2019’s Largest Single Day Dump Crypto markets are still showing no signs of settling down and remain as turbulent and volatile as ever. The rout which...

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A $1 Million Bitcoin: Is It a Reckless Speculation or an Inevitable Reality?
Feb25

A $1 Million Bitcoin: Is It a Reckless Speculation or an Inevitable Reality?

Bitcoin is going to be worth a million dollar. The extremely bullish target is once again trending high inside the cryptocurrency space thanks to Jesse Lund. The IBM executive, who heads the firm’s blockchain & digital currencies wing, recently said in an interview that bitcoin would reach a seven-figure value. Media ran the story. People spread it. Responses came from both ends of the stick. Critics questioned the viability of a...

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Bitcoin Price Weekly Analysis: BTC’s Bullish Break Looks Real Towards $4,500
Feb24

Bitcoin Price Weekly Analysis: BTC’s Bullish Break Looks Real Towards $4,500

Bitcoin price extended gains and broke the $3,950 and $4,000 resistance levels against the US Dollar. The price traded to a new 2019 high above $4,100 and it could continue to rise in the near term. There was a break above a major triangle pattern with resistance near $3,950 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair traded above the $4,150 resistance and it could accelerate towards $4,250 and $4,400....

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New 2019 High: What Has Added Another $10 Billion to Crypto Markets?
Feb24

New 2019 High: What Has Added Another $10 Billion to Crypto Markets?

Crypto markets have pumped to a new 2019 high; Ontology, Ethereum and EOS are flying, Binance Coin slowing down. Market Wrap Contrary to predictions crypto markets have not pulled back and have actually gathered momentum and made further gains today. The big cap cryptos have broken key resistance levels and things are looking positive at the moment as total market capitalization reaches a new 2019 high at over $140 billion. Around 12...

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Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements
Feb23

Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements

Saturday, Feb. 23 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time. Bitcoin (BTC) is hovering under the $4,000 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down 0.26 percent on the day, trading at around $3,976 after a brief mid-day high of $4,005, according to CoinMarketCap data. Looking at its weekly chart, the current price is over 8 percent...

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Report: ‘The State of Stablecoins’ Maps the Growth of Fiat-Pegged Cryptocurrency
Feb23

Report: ‘The State of Stablecoins’ Maps the Growth of Fiat-Pegged Cryptocurrency

A new report published this week shines a light on the stablecoin ecosystem. Authored by George Samman and Andrew Masanto in conjunction with Amazix, the report traces the rise of digital currencies against a backdrop of high inflation in 16 countries. The report claims these conditions will create a need for fiat-pegged digital currencies that aren’t beholden to the volatility of local currency in inflation-hit nations. Making the...

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Ethereum (ETH) Long Positions Skyrocket as Constantinople Nears, But Analysts Expect Post-Fork Plummet
Feb23

Ethereum (ETH) Long Positions Skyrocket as Constantinople Nears, But Analysts Expect Post-Fork Plummet

Over the past month Ethereum (ETH) has seen some overwhelmingly positive price action, surging from lows of $104 to highs of over $150. Part of this price surge may be due to its upcoming Constantinople hard fork, which will offer the crypto multiple enhancements and will reduce its future inflation rates, which will likely be positive for the cryptocurrency in the long-term. Despite this, many analysts are now warning traders that...

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