Monthly Archives: August 2020

Bitcoin was down a bit this week, stopping just above $11,000. That increase in volatility is only to be expected, say some experts, as we approach the end of some BTC futures and options contracts. Other contributors to increased volatility include Bitcoin’s long period of consolidation and a key resistance level.But what happens next? World…

Bitcoin (BTC) price dropped by as much as 10% this week and while this might be scary for day traders, the 3-day chart shows the downside move hardly made a dent on the current market structure.This holds especially true when considering that the $12,500 level hasn't been touched in over 13 months. Currently, analysts are…

The wild ride of 2020 continues. 1429 Total views 16 Total shares After what has been a crazy year in almost every sense of the word, businesses are left wondering how to proceed, Ripple Labs CEO Brad Garlinghouse said.  "The pandemic is throwing so many playbooks out the window," he posited in an Aug. 28 tweet.…

Cryptocurrency was built on the premise that a reimagined financial system could exist. It was brought to life by a community that supported these ideals and worked tirelessly to bring them to fruition.As the blockchain community grows, so does the recognition that cryptocurrency is important. According to Big Four audit firm Deloitte’s “2020 Global Blockchain…

This week’s headlines from Japan included one of country's leaders describing Bitcoin creator Satoshi Nakamoto's dream as meaningful, LayerX Labs collaborating with a Japanese university for blockchain research, the FINSUM blockchain conference hosts notable discussion on security tokens offerings, and the head of Monex Group saying Japan is falling behind the U.S. on STOs. Check out…

More donations can be expected. 1622 Total views 18 Total shares Binance Charity and Integro Foundation raised $1 million to donate personal protective equipment to frontline workers.A total of 500,000 KN-95 masks will be distributed to workers in the Brazilian Amazon, Argentina, Chile, Mexico, Venezuela, Peru, Ghana, Nigeria, South Africa, Bermuda, Barbados, St. Lucia, Haiti,…

Another story that helped pave Bitcoin's early road to adoption. Chris Maurice, CEO of Nigeria-based crypto exchange Yellow Card, made his first business venture into the crypto space back in 2015, selling Bitcoin (BTC) on eBay."We did that for about a week and we did over $40,000 in sales at a 100% markup," Maurice told Cointelegraph…

As the price of Bitcoin (BTC) showed weakness in the past week, the crucial support zone around $11,200, nevertheless, held. Several arguments were given for the volatility throughout the week with Powell’s speech at Jackson Hole and the expiration of futures and options occurring over the past few days.But more importantly, the crucial support level…