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Litecoin Under Pressure Again as "Death Cross" Appears in Chart
1.4.2020
Source: iStock/Albert_Karimov
Litecoin (LTC) is again facing pressure from traders who wonder if the price will be able to pick up the momentum necessary to recover the losses from the major market crash on March 12.
As of press time on Wednesday (10:22 UTC), litecoin was down almost 1% over...
Bitcoin And Altcoins In Corrective Decrease
1.4.2020
Recently, bitcoin price retested the key USD 6,550 resistance area. BTC/USD failed to settle above USD 6,550 and started a downside correction. The price is now (08:30 UTC) trading below the USD 6,400 level and it could correct further towards the USD 6,200 support area.
Similarly, many major...
Bitcoin, Ethereum Futures Volumes Decline Along with Decreasing Volatility
1.4.2020
Along with decreasing volatility in the spot price of major cryptoassets, trading volumes in both bitcoin (BTC) and ethereum (ETH) futures contracts have also been on the decline across exchanges since the crypto market crash in mid-March.
As would be expected, the futures market was most active...
Bityard Has Now Launched! Register now and earn 258 USDT for Free!
1.4.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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You’ve heard it first here, Bityard, the world’s leading digital contract trading platform, has officially launched. According to industry authoritative sources, Bityard has received a strategic investment...
This Crisis Is Good For Bitcoin, But Beware of Recession - Luno CEO
31.3.2020
The current global crisis is good for crypto as it shows the dysfunctionality of the existing system, according to Marcus Swanepoel, co-founder and CEO of crypto exchange Luno. However, in case of a global recession, this nascent industry might be hit hard too, he warned.
Crypto was born out of...
Boerse Stuttgart's Crypto App Grows 40% This Year + More News
31.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Boerse Stuttgart Group’s crypto app BISON, launched more than a year ago, has hit the 100,000 active users mark....
Chinese Alcohol Producer Tokenizes National Tipple with Sina Corp Deal
31.3.2020
Chinese internet giant Sina Corp and Sichuan-based liquor producer Wuliangye Yibin have announced they have struck a new strategic collaboration that will allow them to tokenize high-end baijiu, China’s most famous traditional alcoholic beverage.
Per a state media report, liquor drinkers...
Food Producers Must Use Blockchain to Win Back Consumer Trust - Report
31.3.2020
Food, drink and dietary supplement producers need to adopt blockchain technology if they are to gain the trust of increasingly skeptical consumers, per a new report.
Data compiled by British market research consultancy FMCG Gurus suggests that the public is growing jaded with food manufacturers...
Market Turbulence Might Push Crypto Users Towards More Centralized Projects
31.3.2020
In order to avoid current turbulences in the market, crypto users might start to favor more centralized blockchain finance projects.
"To-date, I haven't seen any change in dapp [decentralized app] activity specifically related to COVID-19 or people being in self-isolation," Jon Jordan...
Politicians Building Case for Bitcoin Through Fiat and Democracy Limits
31.3.2020
In the midst of the COVID-19 pandemic and the financial crisis it has been causing, we seem to be witnessing some worrying signs for both fiat users and democracy.
Here are three recent cases.
1. The U.S.: 'Don't hoard cash'
In the midst of the pandemic, people in certain countries, such as in...
USD 9bn Bitstamp and Korbit Owner NXC to Launch New Crypto Exchange
31.3.2020
NXC, the South Korean operator of the Bitstamp and Korbit cryptocurrency exchanges, has launched a new crypto subsidiary, with plans to open a third trading platform.
NXC is the holding company of gaming giant and business group Nexon, and officially unveiled its new Arques subsidiary on March...
Bitcoin And Altcoins Signaling Bullish Trend
31.3.2020
Recently, bitcoin price started a fresh increase above the USD 6,300 and USD 6,400 levels. BTC/USD even spiked above USD 6,550, but it failed to continue higher. It is currently (08:30 UTC) consolidating gains above USD 6,400 and it could make another attempt to gain strength above...
Binance Might Acquire CoinMarketCap - Report
31.3.2020
Major crypto exchange Binance is in the final stages of talks to acquire the biggest crypto market data provider CoinMarketCap for up to USD 400 million, The Block reported, citing undisclosed people familiar with the matter.
CoinMarketCap's ability to drive a significant amount of traffic is...
Crypto Listing and Delisting Announcements: Week 13
30.3.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Chinese Province: All Our Cities Have Blockchain Platform Coverage
30.3.2020
Danxia landform, Zhangye City, Gansu Province, China. The Northwestern Chinese province of Gansu says that all of its cities are now covered by its Blockchain Service Network (BSN) service platform.
Per a report from the Chinese Communist Party's official newspaper the People's Daily, Gansu first...
While Coronavirus Rages, Bitcoin Has Made A Leap Towards The Mainstream
30.3.2020
Anyone holding bitcoin would have watched the market with alarm in recent weeks. The virtual currency, whose price other cryptocurrencies like ethereum and litecoin largely follow, plummeted from more than USD 10,000 in mid-February to briefly below USD 4,000 on March 13. Despite recovering to...
New Gen Bitcoin Mining Machines 'To Serve For 3-4 years' + More News
30.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Hardware maker Bitmain says that newer mining rigs could be used for longer than previous devices due to a forthcoming...
Mine Crypto Using Brain Waves? Microsoft Thinks You Can
30.3.2020
Microsoft, via its subsidiary Microsoft Technology Licensing (MTL), has made a bold crypto move by securing a patent for a mining system that uses human body activity as proof-of-work in the creation of crypto tokens.
The patent was granted by the World Intellectual Property Organization (WIPO)...
Crypto Market Sentiment Improves for the Second Week in a Row
30.3.2020
Source: iStock/da-kuk
The market sentiment has seen an improvement for the second week in a row. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins, is up this week to 4.73, compared to last week's 4.33/10, shows crypto market sentiment analysis service...
More New Bitcoin Dev Funds Needed, Key Funding Players Revealed - Study
30.3.2020
The outlook for Bitcoin (BTC) development is generally positive, and although funding and training incentives “could improve,” funding is “far more distributed than it has been in the past,” per a new report.
The report, compiled by BitMEX, confirmed many of the findings of Cryptonews.com’s...