Key Highlights: On Wednesday, Bitcoin Cash broke below yesterday’s support of $1,125, now approaching the $1,110 territory. Earlier in the day, BCH/USD reached a high of $1,160 before a major cryptocurrency selloff occurred. BCH/USD managed to recover from the latest selloff, now forming a bullish trend line after holding support at $1,090. Bitcoin Cash Fails…
Planet Earth has overcome many challenges in its lifetime. Now it faces a new one: Bitcoin’s energy footprint. The challenge comes courtesy of a new peer-reviewed study, released on Wednesday, June 6, 2018. Bitcoin’s Energy Footprint – What You Need to Know Six months ago, Grist, an environmental magazine, wrote about Bitcoin’s energy footprint. Fast…
IOTA is a distributed ledger protocol, and it is one that is constantly exploring new ventures. Over the last little while, we have seen IOTA enter into partnerships with NGOs, and provide details on the Qubic. The company’s latest venture was launched this week. It is called the IOTA Lab, and it was developed in partnership…
Crypto bears and crypto bulls – we know ’em, we love ’em, well, some of them at least. Shots have been fired in both directions, and the battle lines have been drawn. Who will come out on top? This is crypto bears vs. crypto bulls. Crypto Bears and Crypto Bulls First, what is a crypto…
Bitcoin Price Watch: On Wednesday morning, Bitcoin went on a steady bullish run which took BTC/USD to as high as $7,700. However, BTC/USD is currently on the decline due to a major selloff, testing a major level at $7,500. This downward movement may be crucial in determining whether Bitcoin price will see further pullbacks and…
Bitcoin Cash (BCH) price continues to trade in the range of $1,000 to $1,150 since the start of this week albeit strong support from market analysts. The fourth largest coin hasn’t been responding to analyst’s remarks – who expected significant growth in its price mainly due to its powerful blockchain network. Source Image: coinmarketcap.com CNBC’s Fast…
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