Key Highlights: Bitcoin Cash price held steady for the past few days, trading in the $1,050-1,150 range throughout most of the week. BCH/USD is heading for an upside break, now on a bullish trend line testing a major resistance of $1,125. A major support level has been established at $1,080. BCH/USD Heading For Upside Break…
By now, most people are aware that Codius is coming back. This in itself is big news, but the relaunch of the smart contract platform is making waves for two other reasons. First, people are talking about it because the product will not be launched through Ripple, but rather by Coil. Second, there is speculation…
Bitcoin day traders appear to be on the rise. The Financial Times reports that there is as much Bitcoin (BTC) owned by short-term speculators as there is by HODLers, or long-term investors, now. Bitcoin Day Traders Catching Up Blockchain research company Chainalysis discovered the Bitcoin data. This data shows that the amount of BTC held…
Ripple (XRP) started the week off making headlines, and it appears to be ending the week in the same way. On Monday, we saw positive Ripple news hit the market. First, the company donated $50M to Universities across the globe. Second, XRP was listed on the SBI Holdings crypto exchange. Today, we have seen both positive…
Bitcoin price hovered around the $7,550-$7,650 territory on Friday morning. Volatility has declined since the beginning of the week, as BTC/USD has been largely trading in this range for the past seven days. BTC/USD also struggled to move past the $7,700 price point earlier today. BTC/USD Holds Support At $7,550 For most of Friday morning,…
The latest trend in crypto is not one to be happy about. Litecoin Cash (LCC) can now be added to the list of smaller coins that are experiencing 51% attacks. Several days ago, Litecoin Cash was hit with a 51% attack. When a cryptocurrency is taken over by a 51% attack, it means that the…
VeChain Thor – The VeChain Foundation announced an hour ago that the VeChain Thor public test net is now available on Github. The #VeChainThor Public Testnet is now available. Please visit our Github https://t.co/wooHV864YO to see the available source code. — VeChain Foundation (@vechainofficial) June 8, 2018 VeChain announced its rebranding and project’s new direction…
I recently attended the Blockchain Economy World Tour in Sydney where Dr W.Scott Stornetta presented his ‘aha’ moment in developing digital timestamping, one of the core components of bitcoin. It is important to acknowledge that one of the core elements that make up blockchain actually came from a hybrid solution for digital time stamping of documents…
The price of Ripple (XRP) has ranged widely over the past month, having declined 40% before recovering slightly. The market cap now stands at US$66.3 billion, with US$235.7 million in trading volume over the past 24 hours. The XRP ledger has processed US$808.6 million in transactions over the same period. Having launched in 2012, Ripple…
In times of uncertainty, traders and investors have traditionally flocked to ‘safe haven’ assets that act as an anchor against stormy markets. These tend to be traditional conservative choices—gold, land, corn, etc—that are insulated from wider market turmoil. The latest incident to demonstrate this is ‘Italexit’—the possibility of Italy leaving the Euro, which as would be…
