Bitcoin price started a steady increase above the $47,000 resistance against the US Dollar. BTC even broke $48,000 and it might continue to rise in the near term. Bitcoin started a steady increase above the $46,000 and $47,000 resistance levels. The price is now trading above $47,000 and the 100 hourly simple moving average. There…
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Change is the only constant in the world of business. However, one topic that continues to dominate the headlines is blockchain. Blockchain technology has been praised for its ability to streamline operations and reduce costs while also providing transparency and security within a business environment. One often overlooked aspect of this groundbreaking technology is how…
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Bitcoin transaction fees are usually an indication of how holders are moving their coins around. When the network gets congested due to a high number of transactions, the transaction fees go up, indicating a high volume of traffic on the network. Transaction traffic usually is high around bull markets when the price of the digital…
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The Bitcoin golden cross, a signal that has traditionally been a bullish indicator, is now official, according to a capital manager. The Famous Bitcoin Golden Cross Now “Official” According to a capital manager on Twitter, the Bitcoin golden cross is now official. This is only the eighth time in the history of the coin that…
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Ecoin, the ‘Crypto for Everyone’ coin, is on a roll with a series of new and exciting updates coming out this September. A Draper University-backed project, Ecoin pursues a mission to enable mass adoption of cryptocurrency by attracting billions of users into the space. To push this goal, it has built the world’s first AI-driven…
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Over the last several weeks, the peer-reviewed blockchain Cardano and its native crypto asset ADA have been on an absolute tear, adding to a year-to-date rally of more than 1,000% ROI. From Black Thursday 2020 lows of around two pennies, the now third-ranked cryptocurrency by market cap trades for $2 apiece, highlighting a monster 18,000%…
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The general perspective of blockchain technology is that it is simply a decentralized, distributed ledger that records the provenance of a digital asset. Bitcoin and other cryptocurrencies are digital assets that are kept on the blockchain (a distributed ledger technology) which makes the system unaltered once created. Once a transaction is added to the ledger,…
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Bitcoin has now seen declining prices following the El Salvador Bitcoin law. The flash crash that had cleared at least $400 billion off the crypto total market cap has left lingering effects on the price of the digital asset. The price had plunged from $50,000 to $42,000 in less than an hour, leading to an…
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Leading wealth management platform Abra completed a Series C funding with participation from the Stellar Development Foundation. The company raised $55 million in the round led by major players in the industry, such as IGNIA and Blockchain Capital. The Stellar Development Foundation was one of the new investors in the company alongside Kingsway Capital and…
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On May 22, 2010, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John’s pizzas, essentially the first use case of a cryptocurrency. On July 30, 2015, Ethereum was launched as the first broadly using application-layer blockchain, allowing for the creation of decentralized applications, cryptocurrency tokens and non-fungible tokens. In 2021, progress has…
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