Bitcoin has just emerged from its worst month in terms of price declines for seven years. The big daddy of crypto has shed almost 40% in this one month alone as it pulled the entire crypto market down to new yearly lows. Bitcoin Dumps Over a Third of its Value in a Month Starting out…
One of the co-founders of the second largest public blockchain on the planet has received an honorary doctorate from the University of Basel. Vitalik Buterin received the recognition from the institution for his role in helping to build the Ethereum network. That’s Dr. Buterin to You..! According to a post from the University of Basel,…
After a couple days of upwards trading, the cryptocurrency markets have continued to sell-off, led by Bitcoin, but are still sitting above their recently established lows. Today’s drop could be the result of traders taking profits on short-term long positions, according to one research firm. At the time of writing, Bitcoin is trading down 6.5% at…
Key Highlights ETH price corrected lower recently after forming a high near $125 against the US Dollar. There is a short term declining channel or flag formed with resistance at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $119 and $120 resistance levels to climb higher in…
A Swiss food company is about to become the first European food importer to make the supply chain of its canned tuna fully traceable using distributed ledger technology. Gustav Gerig AG will include the Pacifical logo on the traceable can lids of the “Raimond Freres” brand. Atato Builds Ethereum Supply Chain Platform for Tuna Industry…
Barry Silbert, founder of Digital Currency Group, has weighed in on the current state of the cryptocurrency industry. Amongst other topics, the early Bitcoin investor and proponent commented on the recent Bitcoin Cash hard fork. Silbert: BCH Fork Was a “Disservice” to the Industry One of cryptocurrency’s early proponents and the founder of blockchain startup…
The cryptocurrency markets have held steady today and have given investors a welcome reprieve from what seems like a constant downturn, with the overall markets trading sideways after experiencing nearly two weeks of consistent price plunges. At the time of writing, Bitcoin is trading down 1.1% at its current price of $3,730, trading choppily over…
In recent years, as “Bitcoin”, “Ethereum”, and “blockchain” became common sounds in the global vernacular, a number of innovation-friendly corporations and forward-thinking startups have sought to implement this nascent innovation into their businesses. However, while many firms seem good-willed with their blockchain ambitions, some skeptics believe that these corporations could mean ill, or, at the…
As Bitcoin spirals to new 2018 lows and drags the enitre cryptocurrency market down with it, investors and analysts are becoming increasingly interested in the factors that could be contributing to this drop that extends further than simply a lack of buying volume and increased selling pressure. At the time of writing, Bitcoin is trading…
Key Highlights ETH price is under a lot of pressure and declined below $125 and $115 against the US Dollar. There is a crucial bearish trend line formed with resistance at $115 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could even break the $100 support level if sellers remain in…