Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt

$39,600 is the favored short-term target, whether or not Bitcoin price action ultimately returns to downward momentum. 1163 Total views 20 Total shares Bitcoin (BTC) staged new retests of $38,000 resistance on Jan. 26 as optimism increased over a potential recovery to $40,000 and higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNext stop a $40,000 retest?Data…

The Chinese government and its federal authorities are getting increasingly involved in the blockchain space to push forward innovation throughout the country. In the latest, the government released an official notice stating that they have put together a technical committee of 15 organizations to devise national standards for blockchain and distributed ledger technology.This comes only three…

One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit is moving millions of dollars worth of stolen Ether (ETH) to an unknown wallet.As Whale Alert — a service dedicated to tracking major cryptocurrency transactions — has flagged today, Dec. 3, a 10,000 ETH (~$1.5 million) transaction occurred at 7:52…

For many people involved in the international crypto space, the idea of throwing valuable Ether tokens at comically named blockchain projects in anticipation of unworldly profits now seems a laughable and distant memory. There is little doubt that what we experienced with the 2017-2018 Initial Coin Offering (ICO) mania was a once-in-a-generation phenomenon, the somber aftermath…

Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network. 521 Total views 1 Total shares Two-factor authentication (2FA) is a tried and tested online security measure, and the technology is now being used as an additional transaction signing measure on MultiversX’s blockchain protocol.MultiversX CEO Beniamin Mincu unpacked…

Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.

Bitcoin (BTC) represents an investment in technology and innovation, making it a must-have in any portfolio, suggested the CEO of Morgan Creek Capital, Mark Yusko, in an interview with Max Keiser on the Keiser Report, published on Jan. 30.  Morgan Creek CEO: Bitcoin exposure boosts portfoliosKeiser began by noting that portfolios with even 1% exposure to…

“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. 319 Total views 24 Total shares A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits…

Breaking $19,000 will be "very hard" for bears, say analysts at Whalemap, with this still allowing Bitcoin to dive below the $20,000 highs from 2017. 3864 Total views 3 Total shares Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent.BTC/USD 1-hour candle chart…