In brief: The Ethereum Classic hardfork will happen around the 1st of June at block number 10,500,839. No new coins will be minted during the network upgrade. However, ETC might just rally to its local top of $7.80 experienced in early May. The Ethereum Classic (ETC) upgrade known as Pheonix,...
In summary: Bitcoin’s sell-off from yesterday has continued. A crypto-wide sell-off has seen Ethereum battling to maintain the $200 psychological level. The 200 Day moving average still provides a level of hope for ETH. Yesterday’s news of the movement of 50 Bitcoin (BTC) from the early 2009 Satoshi era, caused...
In brief: The Crypto communities on WhatsApp can now tip each other using the NANO Tipbot. The tip bot provides an avenue for members of WhatsApp groups to reward each other on the messaging App. The tip bot has the potential of introducing the feeless digital asset to WhatsApp’s 1.6...
In brief: 50 BTC from February 2009 just moved. The movement of the 50 BTC was split into two transactions. Some say it belongs to Satoshi or his closest associates. Others believe that it is an early miner who just found his bags. Bitcoin dropped by 4.5% around the same time...
In brief: The Litecoin Foundation has announced a partnership with the legendary videogame company of Atari. LTC will now be accepted as a means of investing in the Atari token to be issued in September 2020. Additionally, LTC will become a payment option for purchasing the new Atari VCS gaming...
In brief: The critically acclaimed author of the Harry Potter series, J.K Rowling, tweeted that she would like to understand Bitcoin (BTC). Crypto twitter responded with numerous explanations. A fake twitter account mimicking the author claimed to have purchased BTC. In the end, J.K Rowling still did not understand Bitcoin....
Quick take: XRP/USD has been in a falling wedge since September 2018. $0.12 – $0.15 support zone held in March 2020. This is the same support zone seen in mid-2017 before the massive bull run that followed. If the falling wedge resolves, XRP could go as high as $0.77. Popular...
Quick take: VISA has applied for a patent that would facilitate the creation of digital fiat currencies on the blockchain. The application mentions Ethereum (ETH) several times leading many to believe that it will be the choice platform for VISA. Less than a day ago, a new patent application from...
In summary: Bitcoin is once again battling to break the $10,000 resistance level. BTC has been highly correlated to the traditional markets since the Coronavirus crash of March 2020. Its correlation with the S&P 500 has started to drop. In the last 48 hours, Bitcoin (BTC) has pulled a fast...
In brief: It is widely held that physical money has aided in the spread of the Coronavirus. As a result, many governments around the world have advised their citizens to embrace digital payments. The team at Weiss Ratings believes this narrative will be used by governments to push a separate...
In brief: Rumors are rife that the Supreme Leader of North Korea, Kim Jong-Un, is either seriously ill or has passed on. The country has been known to own a significant amount of Bitcoin (BTC) and other major cryptocurrencies. With no confirmation of the Supreme Leader’s well being, Crypto traders...
In brief: Since news broke of the extensive spread of the Coronavirus, Bitcoin (BTC) has had an uncanny correlation to the traditional stock markets. A recent report by the team at Santiment shows that Bitcoin’s correlation to the S&P 500 is at a 2 year high. The report went on...
