Bitcoin price remains range-bound, but as miners sell fewer coins and the BTC reserves on the exchanges drops, a possible up move could occur in the next few days. The total crypto market capitalization was close to $270 billion on May 8 and currently, the metric stands at $275 billion. This suggests that the crypto…
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According to Voice CEO Salah Zalatimo, the platform has pivoted from an autumn launch date and will be available to readers on July 4. Voice, the social media platform by EOS creator Block.One, announced that it will launch on July 4. According to a Tweet posted by Voice Chief Executive Officer (CEO) Salah Zalatimo on…
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Many cryptocurrencies are showing strength by hovering close to their recent highs even as gold is selling off. The U.S. equity markets are on a tear as the traders cheer the largest jobs gain ever. This report has improved sentiment as it suggests that the blip in the economy due to the pandemic was temporary. …
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Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States. EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs. The partnership will see Telos’ blockchain used to facilitate payments between All_EBT’s stakeholders in food…
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Tension between China and the U.S. is increasing and if the current trade deal is scrapped Bitcoin could be a major beneficiary. The tensions between the U.S. and China have escalated once again. This is bad news for the global economy which is currently witnessing one of the worst crises since the Great Recession. If…
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Many altcoins are showing significant strength as they approach their 200-day moving averages, this suggests that the sentiment in the sector remains bullish. Institutional demand for Bitcoin remains high, even as the price turned down after the block reward halving. Some in the space believe that if institutional and retail demand picks up, there will…
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Several major cryptocurrencies have turned down from their resistance levels, hinting that further downside could occur in the short-term. Bitcoin (BTC) has neither run away nor plunged following its halving, which suggests that history might be repeating itself. After the first halving, the top-ranked cryptocurrency on CoinMarketCap moved up only by 7% after a month.…
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A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term. For some reason, Bitcoin (BTC) analysts never take the middle path. They either project that the price will go to the moon or warn of imminent doom. After surviving and thriving for over a decade and being one…
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Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days. Several economies around the globe are lifting lockdown restrictions that have been in place for the past few weeks. This will enable businesses to gradually come back on track and…
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Filed this morning, the second class action against block.one estimates that U.S. investors made up $200 million of the EOS ICO, in violation of securities law. Per a May 18 complaint, more investors are looking to recoup funds invested in the record-breaking initial coin offering for EOS — which netted a total of $4 billion…
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