A lot of action is taking place in the crypto world. PayPal will soon allow users to buy and sell crypto, the launch of ETH 2.0 is approaching, and JP Morgan has launched a blockchain unit by the name of Onyx. The continuing surge of DeFi and the sheer amount of crypto/blockchain projects being developed means it's never a dull day. Of course,...
After yesterday reaching levels not seen since early 2018, Bitcoin took a breather over the past 24 hours, falling more than 3%, with 8 other top 10 cryptos also registering declines. However,...
The biggest platform for building websites is entering the blockchain space. WordPress, the dominant platform for building websites, has entered blockchain. WordPress, which handles 37% of all sites present worldwide, announces the WordProof plugin, which records data on the Ethereum blockchain (alongside EOS and Telos) which will help developers deal with copyright issues. This plugin will allow customers to timestamp content on the...
Reading Time: 2 minutes Bitcoin is closing in on $14,000, the previous high from 2019 The cryptocurrency has risen 34% this month alone Bitcoin is in a fundamentally and technically great place to continue the uptrend...
Audius, a platform for music enthusiasts built on the blockchain, distributed 50 million AUDIO tokens worth millions of dollars to its listeners and artists. Talking of mainstream adoption, Audius is a leading crypto-powered competitor to various platforms like SPOTIFY, GAANA, WYNK MUSIC, etc. It rewards content creators and listeners with its governance token, granting them rights to vote on how their protocol evolves....
We already talked about Bitcoin decoupling from the stock market in our last article. It seems that this correlation is getting broken even further today as the stock market plunged while Bitcoin continues climbing higher hitting a high of $13,750 on several exchanges....
In our last article, we laid out two potential scenarios where the price of Ether would adjust...
Will Paypal’s grand plan for entering cryptocurrency push BTC price to $20,000 or will the second wave of COVID-19 pull the price down to $8,000? PayPal has finally decided to arrive in the crypto currency ecosystem and plans to add options to buy and sell Bitcoin in the United States by as early as the first quarter of 2021....
Bitcoin had a major breakout above $12,000 on October 20 followed by a breakout of $13,000 reaching a peak of $13,350 just 24 hours ago. The current price of Bitcoin is $12,854 after a mild pullback from the 2020-high. After the massive bull rally, the price of BTC has established a daily bull flag which is seeking continuation to the upside within the...
Bitcoin prices consolidated during this past weekend and confirmed a previous level of support of USD 12,680 discussed in our...
Chainlink is currently trading at $12.87 after a massive breakout above a crucial pattern formed on the daily chart. The ascending wedge was established by the end of September and the upper boundary of the pattern acted as a strong resistance level for close to a month before the final breakout today. LINK is now trading above the 50-SMA and the 100-SMA and...
The last few days have seen a lot of talk going on in the cryptocurrency space. While the DeFi surge continues to happen, the big news was that PayPal was going to allow its users to buy, sell, and hold various cryptocurrencies in their PayPal account. Needless to say, such a move by one of the biggest payments processors in...
A century ago, Henry Ford, the great entrepreneur, envisioned the development of an “Energy Currency” to substitute for gold. Ford’s goal was to end wars which he reasoned were centered around the control of money. Ford’s vision for an energy currency was that, unlike gold, it could not be controlled. Every country could issue currency backed by the natural wealth of its energy...
Ether continues its uptrend thanks to the recent PayPal announcement, breaking the psychological level of...
Ever since 2019, Bitcoin is on a steady uptrend, with much optimism and buoyancy. After recovering from a big crash due to the COVID-19, Bitcoin is back at an all-time high price since mid-2019....
Fundamentally, the past few weeks have not been so good for cryptocurrencies. The whole crypto ecosystem has been facing a lot of Fear, Uncertainty, and Doubt (FUD) due to the few events listed below: Exchange hacks After the $2 billion Mt. Gox episode a few years ago, many cryptocurrency exchanges had already learned their lesson, particularly with tightening their security measures or revamping...
Today, we heard about PayPal supporting the buying and selling of cryptocurrencies in its platform. PayPal customers will also be able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021, the company said in a statement. The first services offered will be introduced to U.S. customers in early 2021 allowing them to pay using BTC,...
Bitcoin is currently trading at $12,750 after huge news from PayPal supporting payments through cryptocurrencies starting in early 2021. Bitcoin was already in a significant bull rally, however, PayPal announced that customers will be able to use cryptos to access more than 26 million merchants around the world was...
Reading Time: 2 minutes Bitcoin crossed a major barrier yesterday, finally overcoming $12,000 The cryptocurrency has mirrored gold’s performance in breaking its bear market downtrend Bitcoin dominance also rose, suggesting a reversal and the end of alt season...
Ether is still a much-undervalued cryptocurrency, especially before the launch of ETH2.0. The year 2020 was a good year for the coin that brings "Smart Contracts", a much-needed element in today’s world....
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