Archive for May, 2020

Analysts Strike at Goldman Sachs Over BTC Bashing

May 31, 2020 | By | Reply | 48 Readers More
Analysts Strike at Goldman Sachs Over BTC Bashing

Recently, it was reported that Goldman Sachs held a client call having to do with assets such as bitcoin and gold. The call – rather than praising both assets for their resilience and their ability to hedge wealth during times of economic strife – was used to hit these assets, particularly bitcoin, which members in […]

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Bitcoin’s up channel indicates retracement of price

May 31, 2020 | By | Reply | 47 Readers More
Bitcoin’s up channel indicates retracement of price

On a higher time frame [daily] Bitcoin’s price has formed a bearish pattern and indicated a price retracement to $8,000 and perhaps lower. It is the same on a lower, one-hour time frame. The formation of an up-channel indicated a bearish outlook for the price. The targets range from a 2% decline to 7.51%. Bitcoin’s […]

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Conquering Decentralized Finance: Enter the Custodians

May 31, 2020 | By | Reply | 53 Readers More
Conquering Decentralized Finance: Enter the Custodians

The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to […]

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Why Traders Think Ethereum’s Strength Could Help Bitcoin Rocket Past $10,000

May 31, 2020 | By | Reply | 48 Readers More
Why Traders Think Ethereum’s Strength Could Help Bitcoin Rocket Past $10,000

Ethereum has flashed signs of immense strength in recent times, as the cryptocurrency was able to rally to highs of $245 while Bitcoin and most other altcoins only saw tempered gains. Although this uptrend has flashed some signs of stalling as it struggles to gain a foothold within the $240 region, analysts are noting that […]

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What Are Leveraged Tokens And Should You Trade Them?

May 31, 2020 | By | Reply | 54 Readers More
What Are Leveraged Tokens And Should You Trade Them?

Source: Adobe/SFIO CRACHO The digital asset markets are continuously evolving and innovating to accommodate different types of traders. One of the latest innovations in the crypto trading space is leveraged tokens. In this article, you will be introduced to leverage tokens, how they work, and we discuss their benefits and drawbacks. Leveraged tokens 101 A […]

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JPMorgan Chase Will Pay $2.5 Million For Secretly Charging Extra Fees In Crypto Purchases

May 31, 2020 | By | Reply | 54 Readers More
JPMorgan Chase Will Pay $2.5 Million For Secretly Charging Extra Fees In Crypto Purchases

After fighting a legal case for two years, America’s largest bank, JPMorgan Chase will pay $2.5 million to settle a class-action lawsuit over extra fees on cryptocurrency purchases.  In 2018, the plaintiffs – Brady Tucker, Ryan Hilton, and Stanton Smith – filed the lawsuit against JPMorgan in a Manhattan federal court, accusing the bank of […]

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Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv

May 31, 2020 | By | Reply | 53 Readers More
Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv

In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would be removed. Youtube’s censorship has caused a number of […]

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XRZ/USD Focused On Breaking Range Resistance As $3.0 Draws Nigh

May 31, 2020 | By | Reply | 54 Readers More
XRZ/USD Focused On Breaking Range Resistance As $3.0 Draws Nigh

Tezos targets the range resistance at $3.00 after bouncing upwards from $2.50. Tezos could follow Bitcoin’s surge to $10,000 in order to bring down resistances at $3.00 and $3.50. Tezos is among the best-performing cryptocurrencies in the market on Friday. However, it still trails Cardano (ADA) with its over 17% growth in the last 24 […]

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Ethereum Price Analysis: After 15% Weekly Gains, Can ETH Break $250 First Time Since February?

May 31, 2020 | By | Reply | 48 Readers More
Ethereum Price Analysis: After 15% Weekly Gains, Can ETH Break $250 First Time Since February?

Ethereum completes a daily 10% price increase, and a 7-day 15% gains, recording a current high of $245. ETH hit resistance at a bearish .786 Fib Retracement before dropping by 2.5% today down to the $235 price region. Against Bitcoin, Ethereum exploded to 0.025 BTC, which is a new 30-day high. Key Support & Resistance […]

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Trump vs. Twitter Fight Reignites Social Media Decentralization Vision

May 31, 2020 | By | Reply | 49 Readers More
Trump vs. Twitter Fight Reignites Social Media Decentralization Vision

Donald Trump met Twitter CEO Jack Dorsey in April, 2019. “Lots of subjects discussed regarding their platform, and the world of social media in general. Look forward to keeping an open dialogue!” Trump tweeted back then. Source: Twitter/@realDonaldTrump Blockchain has been hailed as the silver bullet for social media, which has long suffered from censorship, […]

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