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Category: Blockchain News

BTC Mining Capitulation Could Drop The Price Of Digital Asset Below $5K

For the past few weeks, the term Bitcoin miner capitulation has been repeatedly used. It usually occurs when small miners are confined into a corner because BTC price has declined. As a result, the mining hardware’s generation that they apply gets obsolete. Word From The Analysts A crypto analysis called Willy Woo recently predicted BTC […]

HSBC, SABB Use Blockchain For Trade In Bahrain, Saudi

For the first time, the blockchain technology is being used in Bahrain and Saudi Arabia. This technology is being used by HSBC and The Saudi British Bank – SABB to finance international trade. Forefront Of International Trade This latest move has placed the two states at the forefront of international trade. In addition to that, […]

Monero & Bitcoin Price Analysis

The price of the leading crypto, BTC broke down from the previous declining wedge. The price is expected to hit at least one of the outlined support areas. At the moment, the medium-term is so neutral. On the other hand, the short-term outlook is bearish. The Price Highlights For BTC Currently, Bitcoin has support at […]

What Established Firms Are Targeting For Long Term BTC Predictions

Price predictions for Bitcoin are usually hot topics. This is particularly the case when they are made by market heavyweights and established firms. Over the past week, there have been a few such predictions. The figures, at the moment, have gone quite high. Tom Lee’s Predictions Tom Lee works for the Fundstrat Global Advisors LLC, […]

New Support For BTC After Muting

The price of BTC is currently below some important resistances. It is currently around the level of $8,700 against its major rival, the US Dollar. There is also a major bearish trend line that is slowly forming with a resistance around $8,525. The Price Analysis For BTC For some time, Bitcoin has been struggling to […]

Weekly Forecast For Ethereum Price

At the moment, the price of Ethereum is showing certain bearish signs below $185 against the USD. This has also been happening with Bitcoin. The price of ETH now remains at a risk of decline below the support area of $176. ETH Price Weekly Analysis This past week wasn’t a bad one for Ethereum. It […]

Bitcoin Cash Hard Fork Comes To An End

The earlier planned hard fork for BCH has been successfully completed. In the process, BitMEX Research noted the first block considered to be invalid. This was contained on a tweet on the 15th November 2019. About The Invalid Block The block was detected by Fork Monitor at the height of 609,136. It was then considered […]

What Is The Next For Ripple?

The price of Ripple (XRP) is currently following a downtrend below the support area of $0.2700. At the moment, the price is trading around the support area of $0.2620. The crucial bearish trend line for the week is still very active. The Price Analysis For Ripple Ripple has been struggling to stabilize its price in […]

After Losing Consolidation, Ethereum Is Expected To Break Higher

For some time now, the price of Ethereum appears to be consolidating over $180 against the USD. As long as it is over $180, a strong upward move is expected at any moment. The Current Price Analysis For Ethereum The price of this virtual coin is currently trading at a wide range against Bitcoin and […]

BTC Miner Maker Sets $100 Million Target For An IPO

Canaan Creative is one of the leading Chinese crypto mining giant. It has now announced the terms for its upcoming US IPO set to happen before the end of the month. On The Announcement The announcement was made by Renaissance Capital on the 13th of November 2019. Renaissance Capital stated that Canaan Creative, a major […]
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