EOS, BAT, Stellar Lumens Price Analysis: 23 October

EOS, BAT, Stellar Lumens Price Analysis: 23 October

Interestingly, at the time of writing, the bullish sentiment for the market’s altcoins seemed to be nearing an end after the Bitcoin bulls too, entered a cooldown period. This indicated that post a brief price surge, a south-bound trend was visible in EOS and Stellar Lumens (XLM). Despite this, the XLM market continued to be […]

October 24, 2020 | By | Reply | 2 Readers More
Charles Hoskinson calls for a different kind of apoliticism than Brian Armstrong

Charles Hoskinson calls for a different kind of apoliticism than Brian Armstrong

“My first thought was he must have been hacked”, said Hoskinson, reflecting on opening an email he received from David Barrett, the CEO of Expensify, urging him to vote for Joe Biden: Source: Twitter. Hoskinson later discovered that he was not the only recipient of the email at IOHK, but was rather a part of […]

October 23, 2020 | By | Reply | 7 Readers More
Governments Can’t Cancel Pandemic Debt By Printing More Money

Governments Can’t Cancel Pandemic Debt By Printing More Money

Source: Adobe/University of Auckland Ananish Chaudhuri is the Professor of Behavioural and Experimental Economics at the University of Auckland. ___ With the government borrowing heavily to fund its pandemic response and recovery, it has been suggested it could simply cancel its debt by printing more money. That sounds like an attractive idea, but it is […]

October 23, 2020 | By | Reply | 9 Readers More
Bullish: Huge H&S Pattern Developing in Bitcoin With $20K Target At ATH

Bullish: Huge H&S Pattern Developing in Bitcoin With $20K Target At ATH

After quite a volatile rally to $13,000, bitcoin price action has tempered down a bit. But, the case for future gains remains strong, according to a technical setup that popular Youtube and Twitter-based BTC analyst Carl Martin shared today. This will surely get the hopium levels of bulls soaring. According to him, the top cryptocurrency […]

October 23, 2020 | By | Reply | 10 Readers More
DeFi season could be over as Bitcoin and Ether pack bags for the moon

DeFi season could be over as Bitcoin and Ether pack bags for the moon

With Bitcoin price successfully punching through the $12,000 barrier after PayPal announced that it would be venturing into digital assets, October is delivering on the excitement that September failed to provide. And with on-chain and market data continuing bullish signs for Bitcoin (BTC), experts believe that a 2017-style rally may be on the way. Ether […]

October 23, 2020 | By | Reply | 11 Readers More
Social Volume Surrounding Bitcoin Suggests Its Uptrend is About to Slow

Social Volume Surrounding Bitcoin Suggests Its Uptrend is About to Slow

Bitcoin’s intense multi-day uptrend is slowing as the cryptocurrency reaches $13,000. A confluence of positive news regarding BTC’s adoption amongst corporations helped drive this recent push higher, but it remains unclear how long this uptrend will last. Bears have been ardently trying to stop the cryptocurrency from breaking above $13,000. Each time it reaches this […]

October 23, 2020 | By | Reply | 9 Readers More
Get Ready For Crypto Banking, DeFi & CBDC Surprises

Get Ready For Crypto Banking, DeFi & CBDC Surprises

Source: Adobe/ekostsov Banks will likely open crypto accounts next to fiat accounts, decentralized finance (DeFi) will claim its trillion-dollar company, while central bank digital currencies (CBDCs) will suprise many by entering our lives sooner than expected, Marc van der Chijs, entrepreneur, crypto-focused venture capitalist, and co-founder of VC firm First Block Capital (FBC), said in […]

October 23, 2020 | By | Reply | 12 Readers More
Bitcoin Breaks To New 2020 High on PayPal News: This Was The Weekly Crypto Market Update

Bitcoin Breaks To New 2020 High on PayPal News: This Was The Weekly Crypto Market Update

This week was particularly interesting in the cryptocurrency markets. Bitcoin’s price charted a new 2020 high, surging to as much as $13,217 on Binance. The entire market cap surged and gained almost $40 billion throughout the past seven days. The catalyst for this major move was PayPal. The world’s largest online payment processor announced that […]

October 23, 2020 | By | Reply | 13 Readers More
Crypto Price Analysis & Overview October 23rd: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash

Crypto Price Analysis & Overview October 23rd: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash

Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed […]

October 23, 2020 | By | Reply | 10 Readers More
PBoC proposes revised banking law to legalize digital yuan CBDC

PBoC proposes revised banking law to legalize digital yuan CBDC

People’s Bank of China (PBoC) published a notice today stating that the country’s central bank has provided various channels such as email, fax and letter to acquire public opinions, or feedback on a revised draft that under Article 19, under Section 3, the draft proposes to include:  Renminbi includes both a physical form and a […]

October 23, 2020 | By | Reply | 12 Readers More