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Ethereum Price and Technical Market Analysis January 23rd, 2020 (bitcoinnews.com) 01/23/2020 - 3:02pm
The loss of buyer strength at local highs increases the probability of a local reversal and the test of $138-145. Buyers’ marginal positions are steadily decreasing and have a strong prospect of continuation to decline. Correction of the fall wave from 19 January by 38.2% emphasizes the weakness of buyers and increases the probability of a sharp...
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Sport Fan Tokens Exchange Launching in February (bitcoinnews.com) 01/23/2020 - 12:25pm
Chiliz exchange launching in February will focus solely on sport fan tokens Chiliz has announced that they will launch a sport fan tokens exchange in February. Essentially, sport fan tokens are cryptocurrency tokens for particular players and teams. These tokens can become collectible items among fans, especially since if a team or player becomes...
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Bitcoin Price and Technical Market Analysis January 22nd, 2020 (bitcoinnews.com) 01/23/2020 - 3:22am
Yesterday, sellers failed to break the mark $8600. Buyers are also not trying to organize a counter-attack, continuing the price movement in 3% consolidation. The situation with the price stop near the upper trend line of the falling channel is more favorable to sellers. The situation on Bitcoin market on 22 January remains stable. The price...
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Ethereum Scalable Harberger Tax Contracts Deployed to Raise Funds for Endangered Animals (bitcoinnews.com) 01/22/2020 - 2:31pm
Scalable Harberger tax contracts deployed on the Ethereum blockchain for the first time to save endangered wildlife A platform called Wildcards has successfully deployed scalable Harberger tax contracts on the Ethereum blockchain for the first time in an effort to save endangered animals. Specifically, users of the Wildcards platform can buy non-...
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Trending Bitcoin News and Market Sentiment January 22nd, 2020: 6 Central Banks Conduct Joint CBDC Research, Internetless Bitcoin Connections in Venezuela (bitcoinnews.com) 01/22/2020 - 10:19am
A temporary slip in Bitcoin price was all that stood in the way of a daily high so far at USD 8,797 The BIS have joined with the central banks of the EU, Canada, Japan, Sweden, Switzerland and the United Kingdom to conduct more research on central bank digital currencies (CBDCs) A Venezuelan group is working on a mesh network to allow users to...
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India Central Bank: Digital Currencies Not Completely Banned (bitcoinnews.com) 01/22/2020 - 6:52am
The central bank of India offers clarity on the regulations of cryptocurrency in India, saying that Bitcoin and other cryptocurrencies are not banned altogether but their dealings in banks and other financial institutions are. The Reserve Bank of India has, after much ambiguity, provided clarity on the status of crypto regulations in India, in...
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Ethereum Price and Technical Market Analysis January 21st, 2020 (bitcoinnews.com) 01/22/2020 - 2:51am
Buyers are able to keep the price mark $160, which globally separates sellers from the price mark $145. Weekly timeframe so far hints at continuation of consolidation in the range $160-168 by the end of the week. An alternative scenario of the test of $181-190 is possible in condition of fixing above $168. The new Ethereum trading week began with...
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Bitcoin Price and Technical Market Analysis January 21st, 2020 (bitcoinnews.com) 01/22/2020 - 1:49am
Consolidation in Bitcoin market continues in the narrow 0.5% range. Sellers have a slight advantage and are more likely to continue their fall with a local target $8200 and a global $7550-7800. If buyers manage to keep $8600, Bitcoin price will again test the range $9050-9350. Today trading on Bitcoin market was extremely passive in terms of both...
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Canadian Government Funds Development of Blockchain to Track, Analyze Steel Industry (bitcoinnews.com) 01/21/2020 - 2:11pm
Mavennet to build blockchain-powered platform which will analyze and monitor the Canadian steel industry The Canadian government has given six months of funding to Mavennet, equivalent to USD 130,000, in order to build a blockchain-based supply chain platform to track and analyze the multi-billion dollar Canadian steel industry . Apparently, over...
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Crypto Themes in the World Economic Forum (bitcoinnews.com) 01/21/2020 - 7:08am
Crypto events are expected at this year’s World Economic Forum in Davos, indicating an increased focus on crypto among the world community This year’s World Economic Forum (WEF) event in its hometown of Davos, Switzerland will see more crypto participation for a greater global impact. While the WEF has traditionally been a place for governments...
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Bitcoin Price and Technical Market Analysis January 20th, 2020 (bitcoinnews.com) 01/21/2020 - 3:22am
Bitcoin price trading week began with calm consolidation in the price zone $8580-8660. The daily candle closes not in favor of sellers, which indicates continuation of consolidation. If buyers do not keep $8600, the next seller target is at the mark $8030. The new trading week in Bitcoin market began without much intrigue and sharp movements...
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Indian Minister Believes Blockchain Can Transform Government Schools (bitcoinnews.com) 01/21/2020 - 1:10am
An Indian minister wants the National Informatics Centre (NIC) to leverage blockchain for improving government schools. Ravi Shankar Prasad, India’s Union Minister for Communications and IT, challenged the National Informatics Centre (NIC) to implement blockchain technology to develop a solution aimed at bringing progress in government schools. As...
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Trending Bitcoin News and Market Sentiment January 20th, 2020: Bitcoin Priced Exactly as Stock-to-Flow Model Predicts, Argo Mining Posts 10-Fold 2019 Revenues (bitcoinnews.com) 01/20/2020 - 7:44am
Bitcoin manages to stay up, with a daily high so far of USD 8,759 Digitalik shows that Bitcoin is rigidly following price estimations of the Stock-to-Flow model London-based Argo Mining records 1,000% rise in Bitcoin mining revenue in 2019 Bitcoin took a beating on late Sunday in the Americas as traders contrived to take even more profit from the...
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Bitcoin Price and Technical Market Analysis January 19th, 2020 (bitcoinnews.com) 01/19/2020 - 6:59pm
During the week, buyers managed to test the upper trend line of the falling channel and the price range $9050-9350. Due to the presence of aggressive sellers in the market, consolidation on the daily timeframe may continue. If buyers do not keep $7635, then the price movement within the black channel will continue with the target $5550. The...
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Libra Development Continues Despite Regulatory Pressure (bitcoinnews.com) 01/19/2020 - 4:31pm
Libra Association establishes a technical steering committee, showing that Libra development continues The Libra Association, which is the governing body of the Libra cryptocurrency, has established a technical steering committee comprised of experts in the FinTech and blockchain industry. Notably, this is the first sign of life from Libra in a...
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Ethereum Price and Technical Market Analysis January 19th, 2020 (bitcoinnews.com) 01/19/2020 - 12:16pm
Fixing above $138-145, going beyond the black wedge and the test of $181-190, are the main achievements of buyers in Ethereum market. For a new attack attempt of $181-190, buyers will need to keep $154. If buyers can fix above $190 the next stop is at $225. The Ethereum trading week continued the trend of buyers, which they started on 18 December...
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Trending Bitcoin News and Market Sentiment January 19th, 2020: Bitcoin ATH Difficulty, India Close to Crypto Decision (bitcoinnews.com) 01/19/2020 - 8:28am
After breaking USD 9,000 resistance, Bitcoin fell and is steadying above USD 8,600 on Sunday Bitcoin achieves an all-time high network hash power rate India’s Supreme Court is hearing the case of crypto vs the Reserve Bank of India After breaking past USD 9,000 on Sunday with Bitcoin bulls raging across the resistance level, Bitcoin suddenly fell...
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Bitcoin Accounts for Over 80% of All PoW Mining Rewards (bitcoinnews.com) 01/18/2020 - 11:46pm
New data shows that Bitcoin’s share of total crypto mining rewards has risen 250% in 2.5 years According to new data, the dominance of Bitcoin in the mining world has been steadily increasing, rising 250% since the middle of 2017. Now Bitcoin’s share of total crypto mining rewards is over 80%. Bitcoin miners are paid > 15 million dollars/day as...
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Bitcoin Price and Technical Market Analysis January 18th, 2020 (bitcoinnews.com) 01/18/2020 - 6:39pm
Bitcoin price got to the local wedge with the critical points $9200 and $8650. For the test of $7850, sellers need to fix below $8650. The wave of growth (c) is still unfinished and at the mark $9200 will become clear scenario of developments in Bitcoin market. Yesterday’s trading on Bitcoin market ended with the update of the local high and...
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Study: Bitcoin the New Gold (bitcoinnews.com) 01/18/2020 - 4:17pm
Bitcoin is being seen as an asset which can now, similar to gold, prove to be a stable investment in times of financial crises Bitcoin’s perception as a safe haven asset is now increasing more than ever according to a paper by the Department of Economics of the University of Pretoria. It is being considered as the ‘new gold’. This means that...
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Trending Bitcoin News and Market Sentiment January 18th, 2020: Binance in Japan, Mondays Best Time for Bitcoin (bitcoinnews.com) 01/18/2020 - 11:39am
Despite not breaching USD 9,000, Bitcoin is well above a higher daily low of USD 8,752 Binance expands into Japan days after investing in South Korean stablecoin Cointelegraph research shows Mondays and Fridays are the best times to buy Bitcoin Bitcoin did not manage to mount higher peaks today so far, with the moment it touched USD 9,000 now over...
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Ethereum Price and Technical Market Analysis January 17th, 2020 (bitcoinnews.com) 01/18/2020 - 6:40am
Sellers managed to stop Ethereum price growth in the range $160-166. Marginal positions of buyers and sellers significantly revived their growth. The local target of buyers is at the price range $181-190. The two-day stop of growth in Ethereum market is slowly coming to an end. Today, buyers decided to try to continue their business. After...
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Decentralized Governance Key to Transforming Africa’s Economy (bitcoinnews.com) 01/17/2020 - 11:17pm
Feleman Limited talks about decentralized governance and its ability to achieve a transformed economy in Africa and other parts of the world. Akin Sawyerr , founder and CEO of Feleman Limited, an Africa-based business consulting firm in the US, said in an interview at the Digital Money Forum that decentralized finance and governance can transform...
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Virtual Currency Tax Fairness Act 2020 Would Exempt Gains Under $200 (bitcoinnews.com) 01/17/2020 - 3:31pm
If the Virtual Currency Tax Fairness Act of 2020 passes, it would simplify crypto tax burdens in the United States, as gains under USD 200 would be exempt United States Congressional representatives Suzan DelBene and David Schweikart have introduced the Virtual Currency Tax Fairness Act of 2020 , which would exempt crypto gains under USD 200. If...
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Trending Bitcoin News and Market Sentiment: Ex-CFTC Chair in Digital Dollar Project, Russia Preps Digital Economy (bitcoinnews.com) 01/17/2020 - 8:16am
A new daily, weekly and yearly high welcomes Bitcoin at USD 9,009 Former CFTC heavyweight Giancarlo and Gorfine have teamed up with Accenture to launch the Digital Dollar Foundation that examines a digital US dollar Russia’s overnight change in government signals new era of digital economy priorities Bitcoin trading in Asia on Friday was decidedly...
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Bitcoin Price and Technical Market Analysis January 16th, 2020 (bitcoinnews.com) 01/16/2020 - 6:58pm
Bitcoin price has stopped in a narrow 2% consolidation. Local critical point of buyers moved to $8450. The main scenario of the growth continuation and test of $9200 is still valid. Passively and uncertainly sellers still start their counterattack on Bitcoin market today. After unsuccessful closing of the daily candle, both in appearance and...
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Trending Bitcoin News and Market Sentiment: Malaysia Ties IEO to Exchanges, Carbon Neutral BitFury in Kazakhstan (bitcoinnews.com) 01/16/2020 - 12:40pm
Some pullback is keeping Bitcoin a bit lower but healthy at above USD 8,650 Malaysia insists that IEO offerings must take place on licensed exchanges Bitfury to make mining operations in Kazakhstan carbon neutral with UNDP collaboration Bitcoin markets are still yet to find firm footing, although another consecutive day of higher highs and higher...
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Swiss Real Estate Worth $134 Million Tokenized, Sold via Blockchain (bitcoinnews.com) 01/16/2020 - 9:38am
The tokenization and sale of a USD 134 million property in Switzerland could be the beginning of a blockchain-powered real estate market Brickmark has announced that it has successfully tokenized a USD 134 million property in Zurich, Switzerland with blockchain technology. Specifically, this property is located in Zurich’s high-demand retail...
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Bitcoin Price and Technical Market Analysis January 15th, 2020 (bitcoinnews.com) 01/16/2020 - 12:26am
Sellers managed to stop Bitcoin price growth in a narrow consolidation. The critical point for breaking the trend of buyers is in the price zone $8470-8530. The final target remains at $9200. Today’s trading in Bitcoin market ends with a modest price movement in the range of 4%. And buyers tried to break out of the six-month falling channel. After...
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FTX Launches Industry’s First Gold Futures Market (bitcoinnews.com) 01/15/2020 - 6:59pm
FTX users can now trade gold futures via the gold-backed stablecoin PAX Gold For the first time, a major crypto derivatives exchange, specifically FTX in this case, has launched gold futures . Unlike other gold futures exchanges, the FTX gold futures use a blockchain token called PAX Gold, which represents actual gold stored in a vault. PAX Gold...
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Research: UAE Can Save $3 Billion by Implementing Blockchain (bitcoinnews.com) 01/15/2020 - 3:23pm
A new study finds that the UAE can save USD 3 billion by implementing blockchain-based solutions. The United Arab Emirates (UAE) can save over USD 3 billion by deploying blockchain technology, revealed a whitepaper by the Center for the Fourth Industrial Revolution UAE, C4IR UAE, Dubai Future Foundation and the World Economic Forum. The paper...
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Ethereum Price and Technical Market Analysis January 15th, 2020 (bitcoinnews.com) 01/15/2020 - 12:42pm
Buyers managed to break through the critical price zone $138-145. If buyers fix above $168, then the next target is $181. Yesterday’s growth corrected the previous wave of fall by 61.8%. Yesterday’s trading day on Ethereum market ended with the price growth of almost 15%. Despite the weak upward trend of Ethereum price, which began on 18 December...
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LinkedIn Reports Blockchain is Most In-Demand Hard Skill in 2020 (bitcoinnews.com) 01/15/2020 - 6:36am
Jobs company LinkedIn says blockchain will be the most sought after job in 2020 Although in 2019 blockchain did not get a mention in the list, it topped the 2018 list of most emerging jobs Employment-oriented service provider LinkedIn has said in a report that blockchain tops the list of most in-demand skills in 2020. While in previous years,...
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Bitcoin Price and Technical Market Analysis January 14th, 2020 (bitcoinnews.com) 01/15/2020 - 3:38am
Today, Bitcoin price grew by 8%. Buyers have tested the upper trend line of the falling channel. The maximum target of Bitcoin price growth continuation is $9200. Today buyers positively spent time in Bitcoin market, approaching the upper trend line of the black channel. Also they have tested the price mark $8730. After a 6-day consolidation,...
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Olive Oil Manufacturer Using Blockchain for Traceability, Authenticity (bitcoinnews.com) 01/14/2020 - 11:13am
One of the biggest olive oil producers in the world is using blockchain technology to trace its food supply chain CHO, which is one of the biggest olive oil producers in the southern Mediterranean, is using blockchain technology to ensure the traceability and authenticity of its Terra Delyssa extra virgin range. Specifically, CHO is using the IBM...
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Trending Bitcoin News and Market Sentiment January 14th, 2020: New CME Options Live, Overstock Bull, (bitcoinnews.com) 01/14/2020 - 6:54am
Bitcoin climbs as a fresh attack on USD 8,400 resistance takes price to a daily high of USD 8,580 CME launches fresh Bitcoin options to compete for institutional investor interest Overstock CEO says the time is ripe for crypto investments Asian traders pushed Bitcoin price up today in a renewed attempt to test and break new resistance levels as a...
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Singapore Association Successfully Runs On-Premise DLT-Based Voting (bitcoinnews.com) 01/13/2020 - 6:51pm
A Singapore crypto association has executed a first on-premise blockchain voting Blockchain-based voting is rapidly transcending the traditional voting system. As reported by Finews Asia, the Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS) became the first such association to successfully implement on-premise Ethereum-...
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PR: Fetch.ai to Launch Blockchain for Complex Machine Learning after Securing $6 Million in Funds (bitcoinnews.com) 01/13/2020 - 4:56pm
Bitcoin Press Release: Following it’s successful mainnet launch last month, Fetch.AI boasts an AI-powered blockchain for complex machine learning , opening new possibilities for multiple markets. 13 January 2020, Cambridge – Time is often labeled as our most valuable resource and savings help us to become time rich. This mentality is regularly...
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Bitcoin Price and Technical Market Analysis January 13th, 2020 (bitcoinnews.com) 01/13/2020 - 4:49pm
Consolidation above the price range $7550-7800 continues. Locally, buyers are weakening, passing initiative to test $7800. Bitcoin price fall is possible if buyers do not keep the mark $7000. The new Bitcoin trading week has continued consolidation, which began on 8 January, after the test of $8442. Within 6 days, buyers and sellers are trading...
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Bitcasino Raises Over $100K for #teamtrees Movement (bitcoinnews.com) 01/13/2020 - 2:31pm
With global warming finally becoming something the majority of people are taking seriously, Bitcasino set the example straight for the crypto community by donating 101,010 trees (a binary number a nod to Bitcasino’s tech roots) to the #teamtrees movement that went viral last year, with a goal to plant 20 million trees by the beginning of 2020...
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Ethereum Price and Technical Market Analysis January 13th, 2020 (bitcoinnews.com) 01/13/2020 - 12:52pm
Despite Ethereum price grew by 8%, buyers were unable to fix above $145. Low volumes and buyers mood significantly reduce the probability of breaking the black wedge trend line. Sellers will be able to continue their growth with targets $121 and $107, while keeping the mark $145. The weekly price movement in Ethereum market ended with the growth...
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Trending Bitcoin News and Market Sentiment January 13th, 2020: Crypto Bushfire Fund Gathers, BTC Trading Volume Doubles (bitcoinnews.com) 01/13/2020 - 5:57am
Bitcoin has a higher daily low of USD 8,047 Binance’s Australia Bushfire fund gathers steam, collecting USD 1.021 million Arcane Research notes 126% in Bitcoin trading volume amid sentiment shift to bullish Bitcoin markets continued in more or less the same uncertain fashion as it had been yesterday. The bulls from the Americas did not show up for...
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Iranians Turning to Bitcoin as Safe Haven (bitcoinnews.com) 01/12/2020 - 6:59pm
Iranians considering Bitcoin as an alternative safe haven Iranian searches show 45 times increase in Bitcoin-related searches The Iranians are now increasingly turning to Bitcoin as a safe haven due to the current tense climate in the Middle East with the US announcing fresh waves of sanctions against the country. While the traditional safe havens...
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Bitcoin Price and Technical Market Analysis January 12th, 2020 (bitcoinnews.com) 01/12/2020 - 4:03pm
Buyers managed to fix themselves above $7550-7800 this week. Marginal positions of buyers sharply decreased this week. With the close of the weekly candle above $7800, buyers have a great chance to continue growing to $9050-9370. Bitcoin trading week ends with buyers fixing above the price range $7550-7800. The first two days of the new week began...
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Bitcoin Safe from Quantum Attacks in 2020 (bitcoinnews.com) 01/12/2020 - 12:47pm
Although Google may have achieved quantum supremacy, there is no threat of a quantum attack on Bitcoin in 2020 Google’s 54 qubit quantum processor called Sycamore appears to have achieved quantum supremacy in 2019, meaning that it could solve a non-useful task more efficiently than any classical supercomputer. This has led to some hysteria that...
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Trending Bitcoin News and Market Sentiment January 12th, 2020: Uptrend in Sight, Fundstrat Sees 100% Bitcoin Rise Before May (bitcoinnews.com) 01/12/2020 - 8:09am
Bitcoin holds mostly above USD 8,000 but briefly fell to USD 7,959 on Sunday Bottoming out is looking likely, but renewed pushes towards USD 8,400 must take place for uptrend switch Fundstrat believes Bitcoin can rise 100% in 2020 running up to the Bitcoin halving event in May Bitcoin is still in an unstable period now, unable to break new ground...
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Ethereum Price and Technical Market Analysis January 11th, 2020 (bitcoinnews.com) 01/11/2020 - 5:09pm
Buyers managed to keep Ethereum price above the price mark $138. On 10 January, buyers raised the price by 5% and covered the fall of the previous three candles. Buyers need to fix above the mark $145 to continue their growth. After buyers’ attempt to move beyond the important price range $138-145 up on 8 January, sellers became more active in...
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Bloomberg: Bitcoin to Soar in 2020 (bitcoinnews.com) 01/11/2020 - 12:47pm
Analysts believe that Bitcoin’s value will boom in 2020 owing to the fixed supply and increasing demand amid heightened ambiguity across the world Bloomberg’s analysts reported that Bitcoin which is gaining traction as a reliable store-of-value is likely to soar in 2020 owing to its fixed supply and ever-increasing adoption. However, the...
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Trending Bitcoin News and Market Sentiment January 11th, 2020: Difficulty Downturn Suggests Major Bottom, New CME Options Spark Abnormality (bitcoinnews.com) 01/11/2020 - 7:31am
Bulls seem likely to maintain hold over weekend with Bitcoin at a daily high of USD 8,247 A difficulty adjustment downwards last month could be the marker that a major bottom has been reached JPMorgan Chase says that next week’s new Bitcoin options offering from CME Group has been stirring unusual amounts of interests from investors Bitcoin looks...
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Blockchain, IoT to Manage Climate Change (bitcoinnews.com) 01/11/2020 - 12:46am
Blockchain technology and the internet of things (IoT) likely to be used as soon as this year to monitor and manage climate change The US blockchain lead at accounting firm KPMG, Arun Ghosh, believes that blockchain technology and IoT will be used to monitor and manage climate change in 2020. Essentially, the amount of IoT devices collecting air...
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