Will the Chinese New Year crypto effect take hold again this year? Chinese New Year is on February 16th this year and the crypto market is holding its breath until the date passes. Why? In the past, Chinese New Year has caused crypto prices to plummet. Asian countries (China in particular), account for a huge…
This morning, BTC price fell just below the $6,000 mark, but it rebounded soon after and even rose to a daily high of $7,418.89. Currently, it is trading at about $6,996.27 as of 1PM EST. As mentioned yesterday, a major support level was established at $7,000, and today’s movement shows that BTC was able to…
No one had expected the ruthless drop in cryptocurrency prices one month ago when the total market capitalization was moving above $850 billion; crypto lost almost a trillion dollars since. The cryptocurrency crash furthered since the start of this week; digital currencies plummeted at a double-digital rate in Monday trading and pessimistic market sentiments hammered…
Stellar and Cardano are performing well despite a huge decline in cryptocurrency prices in the last two weeks. The market looks quite soft since the start of this week; the total market capitalization of cryptocurrencies continues to move in the narrow range of $550 to $570 billion in the last three days. The soft movement in…
The likelihood of crashing to zero isn’t out of context for bitcoin and other digital currencies because they don’t have any underlying value as purely speculative investments. The increasing interest from technology and financial companies in blockchain technologies had lifted cryptocurrency prices last year. Anonymous transactions had also added to the popularity of digital…
AdHive vs. Sapien. Both are social-construct ICOs, each with their own focus. Why should you be paying attention to them? AdHive AdHive’s ICO is set to begin on February 21, 2018. AdHive is going to be the first AI-controlled influencer marketing platform that uses blockchain. AdHive is about native advertising, advertising that blends seamlessly with…
The Faceter ICO presale broke records yesterday when it managed to raise over $10 million in just 20 seconds. This is unprecedented movement for a pre-ICO, especially considering many ICO startups don’t take off at all. Faceter is going to be the first decentralized surveillance system for consumers. State-of-the-art surveillance equipment is too expensive for the…
There are also large numbers of people who lack an established identity in the form of bank records or credit history, and it is especially difficult for these people to access financial services. Technology can help to both provide services to these people and to enable them to build up an established identity for the…
February 5, 2018 — daily Cardano price analysis. Key Highlights: Cardano (ADA) price recovered recently, but it failed to stay above $0.4500 There is a new major declining trend forming with resistance at $0.3380 on the hourly chart A major support level is established near the $0.3033 level Cardano Price Resistance The ADA price against the U.S.…
Global energy giant Enel has sharply announced that it has “no interest whatsoever” in supplying energy to cryptocurrency mining operations, say Reuters. The decision comes after a brief period of research in which the Italian company was in talks to supply Swiss mining firm Envion AG with power from renewable sources. According to a Bloomberg…
