Bitcoin (BTC) could fall at least 75% from here. The chances of that happening are higher than they have been before. The parabolic run up that we saw since December, 2018 seems to have come to an end. Bitcoin (BTC) is known for declining in the same manner that it shoots up in. We do not have to go very far in history […]
The cryptocurrency is trading briskly here after president Emmerson Mnangagwa’s government banned the use of foreign currencies for settlement of local transactions. It comes as Zimbabwe re-introduced the Zimbabwe dollar unit it abandoned in 2009 and banned settlement of local transactions using the United States dollar, British pound, South African rand and other foreign currencies. The government has been trying to curb re-dollarization of […]
Bitcoin (BTC)’s parabolic advance seems to have come to a halt all of a sudden after a strong rally past our $12,500 target. However, on closer observation, we can analyze why this might have happened and what it entails. Before we delve into that, let us first take a look at the monthly chart for EUR/USD. We can see right away that […]
Bitcoin is looking to move higher as Deutsche Bank highlights systemic weakness. Binance will release futures trading and Tezos signs key deal. Bitcoin is testing the $12,000 level once again and may attempt to break through the recent highs around $13,500. The recent pullback was met with the usual bearish hysteria but as we can see in the charts, it […]
What began as a somewhat light-hearted debate between two opposing bitcoin mindsets has devolved into a fiasco. New York University Professor and bitcoin critic Nouriel Roubini has threatened a lawsuit towards BitMEX and its CEO Arthur Hayes over what he calls unfair treatment in the aftermath of their ‘Tangle in Taipei’ debate. Roubini Threatens Lawsuit Roubini claims to be unfairly represented in a video of […]
This year, the Bitcoin price has been on a tear. After a mixed 2018, the price of the cryptocurrency ended last year at $3,829. However since then, it’s nearly tripled in value and is currently changing hands at around $11,300. Following this explosive rally, some analysts are starting to wonder if the Bitcoin price could return to its all-time high […]
Many have highlighted the cybersecurity implications of Facebook’s forthcoming Libra cryptocurrency, but Congressional lawmakers in the US have an even greater fear: could the grand initiative undermine the security of the global financial ecosystem itself? That’s what’s keeping members of the US House of Representatives Committee on Financial Services up at night. On Tuesday, Chairperson Maxine Waters sent a letter to Facebook […]
Nestlé will break new ground in supply chain transparency through a collaboration with OpenSC – an innovative blockchain platform that allows consumers to track their food right back to the farm. Through this collaboration, Nestlé becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way. This is part of Nestlé’s […]
According to the publication, a new welcome landing page is included in the Brave extension for Chrome. The page highlights three wallets, and these are Ethereum wallet, Ledger and Trezor hardware wallets. Pictures on Github disclose that clients can pick any of these wallets to set up. Moreover, in Ethereum, another wallet can be made, or an old one can be […]
Internet of Business says It is the distributed ledger system that enables cryptocurrencies, but blockchain technology offers use new cases across multiple vertical industries. Within the Internet of Things (IoT), blockchain’s applications go beyond security and authentication to asset tracking and the exchange of smart contracts, which give devices a way of handshaking and exchanging information according to mutually agreed […]
