BTC price all-time high in July? 5 things to know in Bitcoin this week
BTC price gains since the weekend have transformed market sentiment, but not all Bitcoin traders think the good times will return so easily.
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Bitcoin price holds $26K as derivatives data hints at end of volatility spike
In the past few months, Bitcoin traders had grown used to less volatility, but historically, it’s not uncommon for the cryptocurrency to see price swings of 10% in just two or three days. The recent 11.4% correction from $29,340 to $25,980 between Aug. 15 and Aug. 18 took many by surprise and led to the…
Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’
China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin.In an interview for CNBC’s Squawk Box Asia on Nov. 6, Lubin argued that the People’s Bank of China (PBoC) has little to gain — for its purposes — from the decentralized aspects of the technology.“There’s no real…
Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next?
Bitcoin (BTC) price has rallied to $9,439 and bulls have again shown that they have no intention of letting the crypto market’s most valuable asset stay below the $9K mark. Bitcoin daily price chart. Source: Coin360Earlier in the day Bitcoin’s price dropped below $9,000 to a daily low at $8,879, which led some analysts to issue…
South Korean Universities Partner to Create Blockchain Campus With In-House Crypto
Two South Korean universities will develop an entire Blockchain Campus with its own cryptocurrency, local English-language daily news outlet Business Korea reported on April 3.Yonsei University, which already has an active blockchain community, will partner with Pohang University of Science and Technology (Postech) for the initiative, which should launch in the second half of 2019.A…
Seoul Medical Center to Launch Blockchain Tech Project With Korean Science, IT Ministry
A major hospital in South Korea’s capital city has announced plans to launch a blockchain-based platform aimed to improve its medical services. The news was reported by the Daily Medi, a healthcare sector-focused Korean news outlet, on March 17.According to the publication, the “Smart Hospital” project was jointly developed by the Korean Ministry of Science…
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology. 787 Total views 3 Total shares Global banking giant HSBC has announced that it has been successfully onboarded to the regional Know-Your-Customer (KYC)-focused private blockchain backed by Dubai’s government.HSBC is the first overseas, and fourth founding member, to…
CEX trading volumes decline in April after months of growth: Kaiko
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April. 114 Total views 1 Total shares Own this piece of history Collect this article as an NFTCentralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital…
Bitcoin analyst eyes ‘V-shape’ BTC price bounce as RSI hits 5-year low
Bitcoin (BTC) stayed stubbornly anti-trend on Aug. 22 as $26,000 became a magnet for intraday BTC price action.BTC/USD 1-hour chart. Source: TradingViewBTC price “death chop” returnsData from Cointelegraph Markets Pro and TradingView tracked a third day of sideways performance for BTC/USD.Despite being heavily oversold, according to relative strength index (RSI) readings, Bitcoin refused to offer…