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Bitcoin and Ethereum Correct But Bulls Remain In Driver’s Seat


Bitcoin price started a downside correction below the USD 32,500 support. BTC declined over 15% and it even spiked below USD 30,000. The bulls were active near USD 28,500 and the price is currently (13:00 UTC) trading above the USD 30,000 level. Similarly, there was a sharp downside correction...

Bitcoin and Altcoins Bulls Back in Driver’s Seat


As discussed yesterday, bitcoin price started a strong upward move after it broke the USD 12,000 resistance. BTC bulls gained strength, resulting in a surge above the USD 12,750 and USD 13,000 levels. The price tested the USD 13,250 zone and it is currently (05:00 UTC) correcting gains below...

Bitcoin and Altcoins Start Fresh Surge As Bulls Take Driver’s Seat


Bitcoin price started a fresh increase after it broke the key USD 12,000 resistance. It opened the doors for more gains and the price traded close to the USD 12,500 level. It is currently (08:30 UTC) correcting gains, but there are several supports on the downside such as USD 12,200 and...

A Million South Koreans Now Using Blockchain-powered Driver’s Licenses


Over 1 million South Koreans have traded in their plastic driver’s licenses in favor of a blockchain-powered, police-issued smartphone-based digital alternative. Per Daily Kyungjae, the initiative allows drivers to identify themselves to police using barcodes or QR codes, as well as...

Popular NASCAR Driver Bubba Wallace Will Sport the Bitcoin Logo While Racing


NASCAR driver Darrell “Bubba” Wallace will be sporting a bitcoin logo on his car and uniform during upcoming races. Twitter and Cash App founder, Jack Dorsey, tweeted a few pictures that revealed the new sponsorship, as he displayed the bitcoin symbol and Cash App logo design layout...

Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat


This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (09:40 UTC) gaining bearish momentum and it might even break the USD 9,000 support. Similarly, most...

Zero Interest Rates Not The Only Driver For Stablecoin Demand


The coronavirus has brought zero USD interest rates. And with zero or potentially even negative interest rates, it might also bring greater demand for stablecoins and for cryptocurrencies more generally. Why? Because now there's no opportunity cost when it comes to holding USD-backed stablecoins...

Bitcoin and Altcoins Bears Are Back In Driver’s Seat


After yesterday’s strong increase, bitcoin price failed to continue above the USD 10,200 and USD 10,250 resistance levels. Later, BTC/USD declined sharply below USD 10,000 and USD 9,850. The price is now (09:00 UTC) back in a bearish zone and consolidating near the USD 9,550 support. Similarly...

Bitcoin and Altcoins Bulls Remain In Driver’s Seat


The market sentiment improved in the past three sessions, with positive moves in bitcoin price above the USD 9,550 and USD 9,750 levels. BTC/USD even traded above USD 9,800, but it is yet to test the key USD 10,000 resistance area. Besides, there were steady gains in most major altcoins, including...

Bitcoin and Altcoins Bulls Remain In the Driver's Seat


Bitcoin price remained in a bullish zone and extended its upward move above the USD 8,550 and USD 8,700 resistance levels. BTC/USD traded towards the USD 9,000 level and formed a swing high near USD 8,850. It corrected lower recently, but the bulls remain in action and the price could rise above...

South Korea Welcomes Blockchain-powered Driver’s Licences on Mobiles


South Koreans will soon do away with plastic driver’s license cards – and make use of a blockchain-powered ID solution for smartphones. Or, at least, this is the plan. The country’s Ministry of Science and ICT has approved a plan whereby all three of the country’s major mobile carriers – SK, KT...

Can Blockchain Be a Driver of Transparency in Governance?


Albert Isola. Source: Switch! Following the financial crisis of 2008, governments across the globe scrambled to find ways of improving transparency and efficiency, not only in financial services but across various areas of government. MiFID II (the Markets in Financial Instruments Directive)...

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