Aug 26, 2019 at 16:42
Bitcoin Maintains $10,000 Level Amidst Bearish Sentiment
The oldest cryptocurrency,Bitcoin, spent most of its time tightfitting on the price marks beyond $10,000 but failed to see any significant movement. However, on Monday early morning this week, there has been a massive trading in Asia which has made Bitcoin (BTC/USD) to trade above the $10,640 level, hence, taking its new resistance level.
Aug 26, 2019 at 12:04
Over 25 Mln Americans to Join the Cryptocurrency Market
According to a recent study conducted in May 2019, it is clear that the number of people ready to invest in cryptocurrencies including Bitcoin, Libra, Ether, Ripple, etc. is growing rapidly. Since last year, the digital asset market has soared by over 45%, and if the trend remains like this, the American cryptoasset market is expected to expand further in the next one year.
Blockchain to Revolutionize Art in Italy Via Tokens
Blockchain and distributed ledger technology (DLT) can revolutionize the art market in Italy through the use of cryptocurrency. The buyer gets not the physical good but a certificate of ownership, so there may be more involved. However, everything take place through platforms and the process has got its own problems and risks.
US-China Trade War Leads Bitcoin Price to Trade Over $12,000
The world’s top cryptocurrency by market capitalization, Bitcoin (BTC), has once more managed to hit and exceed the $12,000 price level after around 3 to 4 weeks trading below that mark. The surge comes after a huge devaluation of China’s fiat currency yuan which touched the bottom level against the United States dollar (USD) since exactly nine years ago. The event is one part of the US-China trade war.
The Summarized Life of Bitcoin from 2009 to 2019
When Bitcoin started to be used as an alternative means of payment, it was looking like garbage in the eyes of the oblivious public. The flagship cryptocurrency was adjacent to a mediocrity especially in the first six months between 2009 and 2010, with a value above 13 cents. It was during the summer of 2010 when most people started to hear and get to know the importance of it. Most online and offline news platforms picked interest in it and started writing and researching about it.
UK Authority Tips Off Dangers of Unregulated Cryptocurrency
On July 31, 2019, the United Kingdom financial and markets watchdog warned of the major dangers of unregulated Bitcoin and other cryptocurrencies. The Financial Conduct Authority (FCA) revealed that they don’t have core value and provide users less protections and further indicated that those unregulated tokens fall outside the range of its authorities.