Archive | July 17, 2018

Biggest Bitcoin Rally Since April 2018 Underway

The biggest Bitcoin rally since April 2018 is underway. Currently, Bitcoin’s price is near USD 7,450, heading back towards yesterday’s high of USD 7,500, a 10% increase from the day before. On 12 July 2018, Bitcoin’s price was near USD 6,200, so this represents a USD 1,100 price increase in less than a week. This […]

Cardano Price Analysis: ADA/USD Surging Towards $0.20

Key Highlights ADA price climbed higher and broke the $0.1500 and $0.1700 resistance levels against the US Dollar (tethered). There is a crucial bullish trend line in place with support at $0.1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may perhaps continue to move higher and it could… […]

Russian Universities Announce New Crypto Courses

Bitcoin continued to make strides within higher education as three Russian universities have recently added cryptocurrency programs and diplomas to their curriculum. The three universities, Voronzeh State University, Don State Technical University and Novosibirsk State University, will roll out these new courses in the upcoming fall semester. A bachelors program will be offered at VSU, […]

Ripple Price Analysis: XRP/USD Accelerating Above $0.5200

Key Highlights Ripple price rocketed higher and broke the $0.5000 and $0.5200 resistance levels against the US dollar. There is a major bullish trend line in place with support at $0.4920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting lower, but it remains supported near $0.5100… […]

Ethereum Price Analysis: ETH/USD Surging Above $500

Key Highlights ETH price surged higher and cleared a few important resistances near $500 against the US Dollar. Yesterday’s highlighted important bullish trend line is active with support at $480 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed nicely above the $500 level and it is likely to accelerate… […]

Bitcoin Cash (BCH) Price Watch: Ready for Uptrend Confirmation?

Bitcoin Cash Price Key Highlights Bitcoin Cash also formed a double bottom reversal pattern and appears to be inching past the neckline. In that case, this could confirm that bulls are back in the game and ready to take price much higher from here. Technical indicators are still reflecting the presence of bearish pressure, though…. […]

G20 Counseled on Appropriate Monitoring of Crypto and Blockchain Impact

The Financial Stability Board (FSC) has published and submitted a report to the financial ministers and central bank governors of the G20, offering counsel on frameworks for the supervision of crypto-assets as well as the impacts of blockchain. Challenges and complications The G20 financial watchdog notes in the report that previous analysis of crypto-asset markets, […]

Bitcoin (BTC) Price Watch: Bullish Pattern Confirmation!

Bitcoin Price Key Highlights Bitcoin price finally broke above the neckline of its inverse head and shoulders pattern to signal that a rally is underway. The chart pattern is around $1,000 tall so the uptrend has room to go, but a pullback might take place. Technical indicators are showing mixed signals while sentiment favors more… […]

Bitcoin Cash Price Analysis: BCH/USD Could Test $900

Key Points Bitcoin cash price surged higher and broke a major resistance near $850 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support near $810 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to accelerate gains above the $875 level and it… […]

Ben and Jerry’s In London Using Blockchain to Offset Carbon Emissions

A Ben and Jerry’s store in London is partnering with the Poseidon Foundation to make their business carbon neutral. For every ice cream sold, the store will purchase a penny of carbon credits and offer customers the opportunity to buy an additional penny of carbon credits. Poseidon has its own native cryptocurrency on the Stellar […]