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Price analysis 4/19: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, LTC, BCH, UNI
19.4.2021
After the initial oversold bounce, traders are struggling to sustain the momentum of the relief rally in Bitcoin and most altcoins, a signal that selling could intensify at higher levels
Bank of England and HM Treasury Launch a Central Bank Digital Currency Taskforce
19.4.2021
Her Majesty’s Treasury and the Bank of England have revealed the establishment of a central bank digital currency (CBDC) taskforce. According to the announcement, the group’s purpose aims to explore a potential UK CBDC. UK Entities Invoke a CBDC Taskforce to Explore a Central...
Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent
19.4.2021
After bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million....
Ethereum ETF Price War, New Grayscale Bitcoin Trust Ad + More News
19.4.2021
A screenshot of the new Grayscale ad. Source: A video screenshot, Youtube/Grayscale Investments
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
Evolve Funds Group is waiving...
Dogecoin at $0.44 embraces 'literal moon' ahead of Elon Musk SpaceX launch
19.4.2021
"Dogecoin Day 4/20" and a SpaceX rocket launch are two events fuelling DOGE/USD as year-to-date gains pass 7,500%
Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People
19.4.2021
Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African...
Latest Drop in BTC Price Raises Concerns for Investors
19.4.2021
Taking pride as the pioneer of the cryptocurrency industry, Bitcoin recently faced major turmoil as it recorded a startling plunge of 19% in the price value which eventually resulted in the biggest drop ever since February in the crypto cluster. The Bitcoin market faced a loss of over $10,000...
Crypto Market Sentiment Up; Tether Wins Week, Bitcoin Loses Day
19.4.2021
The market sentiment has continued to make small steps upwards since last Monday, potentially breaking a record in the number of individual coins in the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is currently 6.36, compared to 6.27 we...
PARSIQ: Calling Data to Action Using Blockchain Technology
19.4.2021
Over the past 13 years, the world has seen innovation at its finest. The creation of Bitcoin, the development of cryptocurrencies, the launch of blockchain projects, Decentralized Applications (Dapps), and far more. To gauge the financial evolution of blockchain one need only consider the price...
Bitcoin and Ethereum Remain Well Bid, DOGE Hits New ATH
19.4.2021
Bitcoin price recovered above the USD 56,000 and USD 57,000 levels. BTC is currently (12:00 PM UTC) consolidating gains above USD 56,500. If the bulls gain momentum above USD 58,000, there could be a sharp upward move.
Similarly, most major altcoins are showing positive signs. ETH is facing strong...
Société Générale Launches Blockchain-Based Structured Product
19.4.2021
French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into...
‘Alarm’ Rings as Crypto Trading Outpaces Stock Market in South Korea
19.4.2021
Source: Adobe/Сергей Шиманович
South Korean crypto trading volumes have outperformed stock market activity for the first time in the nation’s history, with crypto trading gathering pace at a rate some find “alarming.”
Media outlets such as Yonhap and Segye Ilbo, as well as Kyunghyang Shinmun...
Bitcoin traders are eyeing these price levels as BTC rebounds from weekend crash
19.4.2021
Bitcoin is recovering and traders are pinpointing $57,000 and $60,300 as the key short-term price levels to watch
Bitcoin Sell-off Postmortem: Euphoria Exhaustion & FUD Behind Massive Liquidations
19.4.2021
While no one clear reason is apparent for the sharp bitcoin (BTC) correction this past weekend, analysts do not seem to have been surprised, with some finding it "inevitable." For the cause behind the wave of liquidations, that made the sell-off even worse, many cite euphoria depletion...
China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week
19.4.2021
A rare seal of approval from the People's Bank of China comes as Bitcoin recovers from a price crash which sent it to $52,000
Chinese Central Bank Calls Bitcoin an ‘Investment Alternative’
19.4.2021
China may be softening its tone on cryptoassets, almost four years after it exacted a crackdown on bitcoin (BTC), altcoins and crypto exchanges, with encouraging remarks from Li Bo, the new deputy governor of the central People’s Bank of China (PBoC).
Li Bo was quoted by multiple media outlets...
Did a massive Chinese power outage cause Bitcoin’s crash down to $50k?
19.4.2021
On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000
Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks
19.4.2021
While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending. Just recently, a coalition led by Senate Finance Chair Ron Wyden and over a dozen...
OIN Staking On AscendEX
19.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the launch of its staking service for OIN token (OIN) on Apr 16 at 1:00 p.m. UTC. AscendEX’s innovative staking product allows users...
Bitcoin, Ethereum and Altcoins Trim Losses, DOGE Rallying Again
19.4.2021
Yesterday, bitcoin price saw a nasty decline of over USD 8,000. BTC even tested the USD 51,500 support before the bulls appeared. It recovered some of its losses and it is currently (04:30 UTC) showing positive signs above the USD 56,500 pivot level.
Similarly, most major altcoins are trimming...