Bitcoin’s ‘most interesting monthly candle’ emerges, but don’t celebrate yet
Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts.
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Uzbekistan Creates State Blockchain Development Fund
Uzbek president Shavkat Mirziyoyev has ordered the establishment of a state blockchain development fund called the "Digital Trust", according to a document published on official government website Sunday, September 2.The fund's aim is to integrate blockchain into various government projects including healthcare, education, and cultural areas. The organization will also be responsible for international investment…

Cryptocurrency Market Sees Red as Bitcoin Slumps Below $11,000
Tuesday, Aug. 13 — Bitcoin (BTC), Ether (ETH) and XRP continue to bleed amid a crypto market turning red. Market visualization. Source: Coin360Bitcoin is trading at $11,005 at press time, with a 3.83% loss on the day. Bitcoin broke $12,000 three days in a row, from Aug. 6 to Aug. 8., but never managed to hold…

BitBay Partners With German Firm to Enable Equity Token Trading with Fiat Currencies
Cryptocurrency exchange BitBay has partnered with a Berlin-based blockchain-powered equity fundraising platform Neufund, according to an August 2 press release. The partnership will reportedly enable investors to buy and sell equity tokens with fiat currencies. According to the press release, Neufund is aiming to become the first end-to-end primary issuance platform for security tokens, specializing…

BTC Trades Sideways, Other Top 20 Coins See More Notable Losses
Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday's levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579 at press time after testing a slight rebound…

Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery
Blockchain company Dispatch Labs is incurring considerable losses despite extensive investment and a recovering cryptocurrency market, technology-focused news outlet Cryptobriefing reported on June 14.Initially, Dispatch Labs received funding from its executive team, subsequently raising over $13 million in a series of private rounds from other investors such as China-based capital firm Fenbushi Capital during the…

El Salvador introduces fuel subsidy of $0.20 per liter to locals who pay in BTC
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per liter to consumers who pay using BTC. 66 Total views 13 Total shares Salvadoran president Nayib Bukele has announced that local consumers can enjoy a $0.20 per liter reduction in petrol prices when…

Bitcoin is now worth more than a 20 ounce gold bar
As Bitcoin price topped $40,000 it became more valuable than a 20oz block of gold. 834 Total views 9 Total shares Bitcoin’s meteoric price rise is showing no signs of slowing down and its latest all-time high has priced the asset higher than a 20 ounce gold bar.Over the past six hours, Bitcoin prices topped…

Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?
One of the oldest pieces of contrarian investment wisdom is to buy when there is blood in the streets. If it were that easy, crypto investors would be euphoric at all the buy opportunities right now. If you’re rattled by the bear market, which has been especially brutal even by crypto standards, don’t beat yourself…