The native cryptocurrency token powering the Brave browser, Basic Attention Token, has fallen 20% overnight over concerns stemming from the SEC’s recent crackdown. BAT Faces Deep Correction After Coinbase Listing Surge While Bitcoin and much of the rest of the cryptocurrency market continue to struggle to break out through long-term downtrend resistance, Basic Attention Token…
Ethereum’s Achilles heel has always been scaling. Since its inception, developers have been researching different ways to scale the blockchain in order to increase network capacity and speed. Back in August 2017 Ethereum co-founder, Vitalik Buterin, released an initial draft of the Plasma project which provided an off-chain layer 2 scaling solution. By spawning child-chains…
Key Highlights ETH price failed to recover and it recently declined below the $214 support against the US Dollar. There is a key declining channel in place with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently under pressure and it could decline towards the $206 support…
When cryptocurrency enthusiasts discuss adoption — the crypto industry’s buzzword of 2018 — the names of bigwig institutions, household corporations, and prominent executives and investors are often thrown around. So, it should come as no surprise that the entire crypto community was rattled when William Shatner, known for his portrayal of Star Trek’s James T.…
Key Highlights ETH price gained traction recently and rallied above $212 against the US Dollar. There are two connecting bullish trend lines formed with support at $206 and $204 on the hourly chart of ETH/USD (data feed via Kraken). The pair is struggling to stay above the $210 level and it could test the $204…
Key Highlights ETH price recovered a few points, but it faced a strong resistance near $202 against the US Dollar. There is an important bearish trend line in place with resistance at $200 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $200 and $202 resistance levels to move…
Aragon version 0.6 is now live on the Ethereum mainnet and the release comes seven months after the company announced Aragon version 0.5. The release is considered a major milestone for Aragon, a blockchain startup that managed to raise €25 million in under 1.5 minutes during their ICO. Aragon is a tool, that allows entrepreneurs,…
Yesterday, October 31st, cryptocurrency Bitcoin (BTC) celebrated its tenth birthday. As part of the celebration, a company called Bizkey has decided to start a new campaign called “Token Day” in Singapore. Token Day is a campaign that is supposed to allow the public to get more familiar and better acquainted with cryptocurrencies according to reports.…
Key Highlights ETH price started a short term upside correction and moved above $196 against the US Dollar. There is a key connecting bearish trend line formed with resistance at $198 on the hourly chart of ETH/USD (data feed via Kraken). The pair recently tested the previous support at $198, which acted as a solid…
The initial coin offering frenzy took over a young and inexperienced crypto market in 2017. People were putting in a large amount of money in projects that had no legal, banking or regulatory approvals. Releasing a mere whitepaper and a website could ensure entrepreneurs easy access to capital. But whether they would release their product…