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Cardano (ADA) Holds On to Crucial Support By a Thread

Source Node: https://beincrypto.com/cardano-ada-holds-on-to-crucial-support-by-a-thread/
Time Stamp: August 12, 2020 6:52 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Cardano (ADA) price has been decreasing since July 27, possibly indicating that it has begun a corrective movement. While a short-term upward retracement could occur, the ADA price is expected to eventually make another lower-low. ADA Evening Star Pattern The ADA price has been decreasing since it reached a high of 1,593 satoshis on July 26. In the period from July 25-27, the price × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and

Bitcoin Creates Double-Top After Failing Close Above $12,000

Source Node: https://beincrypto.com/bitcoin-creates-double-top-after-failing-close-above-12000/
Time Stamp: August 12, 2020 5:36 AM - Modified On: May 21, 2021 - Published By:
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While the Bitcoin (BTC) price has increased considerably over the past few weeks, it has failed to reach a close above a crucial long-term resistance area at $12,100. Instead, the price has created a bearish pattern and began a short-term downward movement. Bitcoin Reaches Long-Term Resistance The Bitcoin price has been increasing at an accelerated rate beginning on July 20. In the × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with

Institutional FOMO? CME Bitcoin Futures Open Interest Soars to $841M

Source Node: https://cointelegraph.com/news/institutional-fomo-cme-bitcoin-futures-open-interest-soars-to-841m
Time Stamp: August 11, 2020 8:15 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Today the open interest on Chicago Mercantile Exchange Bitcoin (BTC) futures reached a new all-time high at $841 million. Although this can't be deemed bullish on a standalone basis, it does signal that professional investors' interest in Bitcoin continues to grow at an immense rate. Further proof of this comes as MicroStrategy, a Nasdaq-listed company worth more than $1.2 billion, announced the acquisition of 21,000 Bitcoin for $250M. This shows that regardless of what critics have said about cryptocurrencies, savvy investors and entrepreneurs have recently built sizable positions in Bitcoin and some altcoins.CME

Q&A: How Blockchain Could Transform the Art Industry

Source Node: https://cointelegraph.com/news/qa-how-blockchain-could-transform-the-art-industry
Time Stamp: August 10, 2020 6:11 AM - Modified On: May 21, 2021 - Published By:
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The art world has had a tough time lately. The coronavirus pandemic has forced many galleries and museums to close, with sales of premium pieces also affected.But there could be a solution that helps the industry get back on its feet and achieve much-needed digitization: blockchain. Here, we talk to Niko Kipouros, founder and CEO of 4ARTechnologies, about how this technology could transform the way we purchase and own artwork — and even ensure that the provenance and authenticity of masterpieces are never doubted.1. What are the biggest challenges facing

XRP Successfully Breaks Through $0.30

Source Node: https://beincrypto.com/xrp-successfully-breaks-through-0-30/
Time Stamp: August 3, 2020 2:31 PM - Modified On: May 21, 2021 - Published By:
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The XRP price increased by 50% in July, reaching a significant long-term resistance level above which it has not traded in a year. While a short-term retracement could occur, XRP should eventually move above this resistance level. Long-Term Levels of Importance The weekly chart for XRP shows that the price is trading inside a crucial resistance area at $0.295. The price has not reached × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily

Stratis Falls Inside Previous Range After Failed Breakout

Source Node: https://beincrypto.com/stratis-falls-inside-previous-range-after-failed-breakout/
Time Stamp: August 3, 2020 10:55 AM - Modified On: May 21, 2021 - Published By:
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At the beginning of July, the Stratis (STRAT) price broke out from an almost yearlong resistance area. However, it could not sustain the rally and has fallen back into the previous range. Until the price reclaims the breakout level, the price movement cannot be considered bullish. Stratis Failed Breakout Leads To Deviation In the period measuring from August 2019 to July 2020, the × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication

Ethereum Fights for a Close Above $400 Resistance

Source Node: https://beincrypto.com/ethereum-fights-for-a-close-above-400-resistance/
Time Stamp: August 3, 2020 6:35 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Ethereum (ETH) price has reached a massive long-term resistance area near $400. While it briefly managed to climb above this level, it has failed to close above it. The shorter-term trend has begun to show weakness, and a retracement seems imminent before the price can resume its upward movement. Long-Term Ethereum Trend The weekly chart for Ethereum shows that while the price has × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily

Bitcoin Suffers Enormous Drop After Breaking $12,000

Source Node: https://beincrypto.com/bitcoin-suffers-enormous-drop-after-breaking-12000/
Time Stamp: August 3, 2020 5:18 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and a corrective period awaits. The long-term movement, however, still looks healthy. Bitcoin Fails to Close Above Long-Term Resistance During the week of July 27-August 3, the Bitcoin price increased considerably, going from a low of $9,917 to a high × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto

Revolut Offers Cryptocurrency Service to its 7 Million Users Amid COVID-19 Crisis

Source Node: https://coinfomania.com/revolut-to-provide-crypto-support-for-its-7-million-users-to/?utm_source=rss&utm_medium=rss&utm_campaign=revolut-to-provide-crypto-support-for-its-7-million-users-to
Time Stamp: April 9, 2020 7:23 AM - Modified On: May 21, 2021 - Published By:
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The outbreak of the Coronavirus pandemic has affected the economic growth of many countries around the world.  Most financial institutions are forced to proffer different initiatives to mitigate the harsh effect of the virus on the global financial market. Central banks continue to print more banknotes to stimulate the economy in the fight against the outbreak. However, many reports have revealed that banknotes are potentially not safe during this time as they could help transmit the virus from one person to another. There is also the fear that excess money

Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears

Source Node: https://cointelegraph.com/news/darknet-market-to-permanently-ban-vendors-preying-on-covid-19-fears
Time Stamp: April 5, 2020 6:56 PM - Modified On: May 21, 2021 - Published By:
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Dark web marketplace, Monopoly Market, has taken a stand against scammers claiming to sell cures and treatments for COVID-19 on its platform.On other darknet platforms, listings are rife with coronavirus keywords — with vendors selling everything from narcotic cocktails marketed as ‘coronavirus vaccines,’ to coronavirus-infected blood and saliva.Monopoly Market to ban vendors using coronavirus as ‘marketing tool’On April 2, dark web journalist, Eileen Ormsby, tweeted a screenshot posted by Monopoly Market’s operator that threatened permanent bans against vendors “caught flogging goods as a ‘cure’ to Coronavirus.”“We have class here,” the

Revolut Reacts To Corona Crisis, Pushes out New Crypto Support

Source Node: https://insidebitcoins.com/news/revolut-reacts-to-corona-crisis-pushes-out-new-crypto-support/256350
Time Stamp: April 3, 2020 6:46 AM - Modified On: May 21, 2021 - Published By:
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Revolut, a digital banking app, has recently rolled out its cryptocurrency services to all of its standard users. This comes alongside a statement from the app itself that it widened its access earlier due to the current global economic crisis.This Is No April Fools’On the first of April, 2020, the UK-based fintech service provider made the announcement that it will allow for cryptocurrency accounts and trading to all of its standard users, with a 1.5% flat fee per trade. Before this announcement, these services were reserved only to its Premium