march 2020

Bitcoin Records Highest Monthly Close Ever, What’s Next for BTC?

Source Node: https://www.coinbureau.com/news/bitcoin-records-highest-monthly-close-ever-whats-next-for-btc/
Time Stamp: November 1, 2021 10:52 AM - Modified On: November 1, 2021 - Published By:
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Republished By Plato

Bitcoin closed the month of October at $61,343, which is its highest monthly close ever recorded. As Bitcoin Archive notes on Twitter, all-time high monthly closes are quite often a sign of more strength to come.  Bitcoin’s closing price was roughly 3% away from analyst PlanB’s floor price prediction of $63,000, though that level was already hit earlier in the month. PlanB is now shooting for $98,000 in November, or about a 58% gain over the next 30 days.  Some analysts are looking to previous bull markets to forecast what’s

A $15K Bitcoin Likely As Price Breaks Above “Multi-Year Bullish Triangle”

Source Node: https://bitcoinist.com/a-15k-bitcoin-likely-as-price-breaks-above-multi-year-bullish-triangle/?utm_source=rss&utm_medium=rss&utm_campaign=a-15k-bitcoin-likely-as-price-breaks-above-multi-year-bullish-triangle
Time Stamp: August 10, 2020 1:11 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin expects to hit a $15,000 valuation in the coming sessions, says full-time futures trader Adam Mancini. The Twitterati stated earlier Monday that BTC/USD closed above a “multi-year bullish triangle” by almost $2,000. The pair’s giant move above the “continuation pattern” increased its likelihood of testing short-term breakout targets, beginning with $15,000. Mr. Mancini said Bitcoin could extend its upside towards $24,000, as well. “[The cryptocurrency] may be the new kid on the block but the same old classic patterns that apply to all financial assets still apply,” he tweeted.

Cryptocurrency News From Japan: August 2 – August 8 in Review

Source Node: https://cointelegraph.com/news/cryptocurrency-news-from-japan-august-2-august-8-in-review
Time Stamp: August 8, 2020 3:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

This week’s headlines from Japan included Coincheck readying its digital shareholder meeting solution, GMO Coin announcing negative leverage trading fees, Decurret testing transactions with a power company, Japanese authorities proposing tax changes, and Japanese finance company FISCO developing apps for shareholder voting and staking. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Coincheck setting up for digital shareholder service As Tokyo-based crypto exchange Coincheck readies its new digital meeting avenue, the exchange's co-founder expressed confidence in the project. Known as Sharely, unveiled in June 2020, the

Why Toppling Silver and Gold Prices Could Be Especially Bad for Bitcoin

Source Node: https://bitcoinist.com/why-toppling-silver-and-gold-prices-could-be-especially-bad-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=why-toppling-silver-and-gold-prices-could-be-especially-bad-bitcoin
Time Stamp: August 7, 2020 11:09 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In March 2020, the stock market dragged cryptocurrencies down to their Black Thursday bottom. Since then, however, soaring gold and silver prices have helped restore interest in Bitcoin and altcoins. These hard, digitally scarce assets are expected to perform similarly to precious metals due to similar supply attributes. Still, it also could cause a disastrous crash in crypto as a result. Silver and Gold Rally Ready For Pullback And Dollar Stages Overdue Recovery The dollar has been in steady decline, with top financial market analysts from the likes of Goldman

dYdX Full Guide: A DeFi Margin DEX

Source Node: https://www.asiacryptotoday.com/dydx-guide/
Time Stamp: August 5, 2020 6:52 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

DeFi protocol dYdX might seem like another trading and lending platform based on Ethereum, but that’ only the tip of the iceberg. Probing further, you’ll find out that this protocol is challenging the status quo to take Decentralized Finance to new heights. Margin trading, derivatives, and options are the relevant tools that power traders use. Unfortunately, in the crypto space, these tools are mostly available only on centralized exchanges like Binance, Huobi, and Kraken. With dYdX, the entire traditional trading spectacle is now built in a permissionless and decentralized mechanism. Table

NFT Floodgates Open With Impressive Lineup of Blockchain Games in 2020

Source Node: https://cointelegraph.com/news/nft-floodgates-open-with-impressive-lineup-of-blockchain-games-in-2020
Time Stamp: April 7, 2020 10:50 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Blockchain in the gaming industry is one of the space’s hot topics of 2019. This year is catching the interest of both young independent developers and large corporations. Conferences and hackathons are periodically held around the world for developers to search for new ideas for integrating blockchain into games.The main advantages of blockchain are its decentralization and open-source nature, which can significantly change the gaming market. The technology is taking trust between developers and players to a new level, and users can now own and freely exchange in-game assets without

Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made

Source Node: https://cointelegraph.com/news/ethereum-creator-picks-two-worst-bull-and-bear-btc-predictions-ever-made
Time Stamp: April 6, 2020 3:59 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate.Vitalik Buterin, the well-known co-creator of the Ethereum network and its native cryptocurrency Ether (ETH), highlighted the two worst Bitcoin price predictions ever made since the digital currency was introduced back in 2009.In an April 6 tweet, Buterin emphasized that price predictions

Factom Facing Liquidation After Creditor Refuses Request for Funding

Source Node: https://cointelegraph.com/news/factom-facing-liquidation-after-creditor-refuses-request-for-funding
Time Stamp: April 6, 2020 2:05 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

After failing to source additional funding, blockchain company Factom has begun the process of being liquidated. In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”: "The Company has been notified by the directors of Factom that in a board meeting on 31 March 2020 they concluded that, in the absence of further funding, they now needed to begin the process of assignment of assets for the benefit of creditors.”Citing their failure to secure additional funding, FastForward declared Factom would now enter receivership. As Factom’s largest creditor,