By CCN: If you’re placing bets on where the bitcoin price is going next, the data is overwhelmingly in favor of a bull market. Crypto analyst Willy Woo attaches a whopping 95% or higher probability that the worst is over for BTC. Woo participated in an online debate hosted by derivatives trader Tuur Demeester, the topic of which was whether or not the bitcoin price has bottomed. Incidentally, the ...
Until recently, Bitmex, Deribit and a handful of established exchanges were the only places where traders could get their leverage fix. This has now changed with the emergence of dozens of exchanges offering leverage and plenty more on their way. Binance and Kucoin – two platforms famed for driving this year’s other exchange trend, the IEO – are believed to be mulling the introduction of margin tr...
In the cryptocurrency world, there has never been a lack of nefarious projects, theft, and hacking attempts. In Israel, it would appear as if a recent indictment is making a fair bit of attention. One citizen has been indicted for stealing nearly 1% of the entire Dash supply to date. A very interesting claim which warrants some explaining.
By CCN.com: Four members of Tesla’s board of directors are stepping down and won’t stand for re-election once their terms end. CEO Elon Musk remains, but the Tesla board will eventually drop from 11 to seven members by 2021. The electric car maker revealed the surprising news in an April 18 SEC filing. Tesla says the realignment was needed to streamline the board so it can “operate more nimbly and...
With most of the cryptocurrency markets heading in the red once again, it is rather interesting to keep an eye on the individual markets. Whereas some people expect big things from XRP, it would appear Ripple’s native asset isn’t making too much headway. In fact, the XRP price is going in the red as well, with a dip below 6,000 Satoshi looking all the more plausible.
By CCN.com: Sirin Labs, founders of the Finney blockchain phone are making 15 of their 60-person team redundant, as crypto winter bites back with sales of its flagship device “less than expected”. The market may be showing some positive signs as bitcoin, ethereum and others made strong gains in April, but the bear market continues to show its teeth, claiming the scalp of another start-up. Sirin La...
As was somewhat to be expected, there is a lot of bearish pressure across all of the different cryptocurrency markets. While this is not entirely surprising, it would appear the Litecoin price is facing a lot of negative pressure as of right now. Its price may very well drop below $75 in quick succession, but it seems unlikely any further decline will materialize.
By CCN.com: A war-torn country left to dust and drabbles is attempting to rise back with dignity. And it plans to use bitcoin as its stick. Afghanistan asserted at a recent Spring Meetings summit that it was looking to issue sovereign bonds to raise $5.8 billion for its infrastructure projects. Khalil Sediq, the governor of the Central Bank of Afghanistan, told Asia Times that it would attempt to ...
With several large projects racing to overtake Ethereum as the leading smart contract blockchain NEO frequently pops up as a front runner. While many call the project the “Chinese Ethereum,” recent data shows that the ambitious project still has a long way to go before it can challenge the incumbent.