Archive | July 18, 2018

Ex-Genesis Singer Peter Gabriel to Finance Blockchain Startup

British musician Peter Gabriel has invested in a new blockchain startup to create better food chain transparency in the industry. Best known for his role as lead singer and songwriter in college band Genesis, reaching world prominence in the late 1970s to the mid-1980s, Gabriel is also an ardent fundraiser for humanitarian causes and a […]

PR: Former Malta Finance Minister backed payment startup QuickX announced Presale

Bitcoin Press Release: Cryptocurrencies were created as a citizen’s answer to an establishment’s shortcoming. The 2008 recession caused havoc across the world, destabilized economies, cost jobs and destroyed lives. The answer lay in a decentralised currency, which would not be controlled by any government or central agency; Bitcoin was born. 11th July, 2018. Malta – […]

Fed Chairman: “Cryptos Don’t Have Intrinsic Value,” Denies The ‘Crypto Threat’

On Wednesday morning, the U.S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U.S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U.S. Federal Reserve (Fed), presented his thoughts about the current state of the crypto market… […]

Ripple Price Analysis: XRP/USD Testing Key Support

Key Highlights Ripple price made a nice upside move before facing sellers near $0.5245 against the US dollar. There was a break below a crucial bullish trend line with support at $0.4950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading near a major support zone at… […]

Ethereum Price Analysis: Can ETH/USD Hold 100 SMA?

Key Highlights ETH price started a major downside correction below the $500 level against the US Dollar. This week’s highlighted key bullish trend line was breached with support at $485 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near the $470 support and the 100 hourly simple moving… […]

Avenue Capital CEO Marc Lasry: Bitcoin Could Touch $40,000

Billionaire and CEO of Avenue Capital Group, Marc Lasry, told CNBC’s Squawk Box on Wednesday that the growing accessibility of trading cryptocurrencies may well push the price of Bitcoin up to USD 40,000. As well as becoming easier to trade, Lasry sees Bitcoin’s growing mainstream acceptance as a driving force for a huge price increase. With […]

Bitcoin Cash Price Analysis: Can BCH/USD Hold This Support?

Key Points Bitcoin cash price started a downside correction and declined below $840 against the US Dollar. This week’s highlighted major bullish trend line was breached with support near $830 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently testing a crucial support near $800 and it remains… […]

Bitcoin (BTC) Price Watch: Buyers Waiting for a Pullback?

Bitcoin Price Key Highlights Bitcoin price recently surged past an area of interest and may be due for a retest. Using the Fibonacci retracement tool shows where bulls might be waiting to join in. Technical indicators are hinting at potential profit-taking and a continuation of the uptrend. Bitcoin price could be due for a correction… […]

WEX Exchange Halts Withdrawals, Raising Exit Scam Fears

WEX cryptocurrency exchange has halted withdrawals of Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and Dash for an entire week, raising fears among its users that the exchange has become insolvent. Further, WEX is still allowing deposits, so users that have not seen the warning that withdrawals are halted will find out the hard way that their […]