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News

Wendy McElroy: Crypto Can Create a “Perfect” Political System

Bitcoin news - 4378 hours ago

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 6 Crypto Can Create a “Perfect” Political System The anarchists…work not for a perfect social state, but for a perfect political system. A perfect social state is…totally free from sin or crime or folly; a perfect political system is merely a system in which justice is observed, in which nothing...

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Bitcoin (BTC) Price Watch: Strong Bounce on Remarks from SEC Official

NewsBTC - 4413 hours ago

Bitcoin Price Key Highlights Bitcoin price recently made a move below a long-term floor but this might just be a fakeout. Remarks from a senior SEC official eased regulatory concerns in the industry somewhat. Oscillators on the long-term chart are also hinting at a bounce as well. Bitcoin is still hovering around support at $6,600 to signal that buyers are defending that level after regulatory f...

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Ethereum (ETH) Price Analysis: Upside Break on SEC Official Comments

Ethereum World News - 4413 hours ago

Ethereum got a strong bullish boost thanks to remarks from a senior SEC official on how it’s not a security. Price busted through the descending trend line on the 1-hour time frame as an early indication that a reversal is underway. However, the 100 SMA is still below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, the selloff is more likely...

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Bitcoin (BTC) Price Analysis: First Signs of a Reversal

Ethereum World News - 4414 hours ago

Bitcoin broke above a short-term descending trend line as an early indication that bulls are regaining control. Price is also starting to create a new ascending trend line on the 1-hour time frame. However, the 100 SMA is below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, the selloff is more likely to resume than to reverse. The gap betwee...

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Bitcoin in Brief Thursday: Thomson Reuters to Track Top 100 Cryptocurrencies

Bitcoin news - 4431 hours ago

Thomson Reuters has expanded its sentiment data tracking service to cover the top 100 cryptocurrencies. You can find details about the TRMI 3.1 crypto sentiment package in our daily rubric, Bitcoin in Brief. Today’s edition also features other announcements crypto investors may find interesting. Some useful tools can help them develop dynamic strategies on the volatile markets, while a new bot off...

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Cardano (ADA) Price Analysis: Potential Pullback Levels

Ethereum World News - 4437 hours ago

Cardano is still in a downtrend, testing support at the bottom of the descending channel visible on the 4-hour chart. Price could be due for a correction to the channel resistance before resuming the drop. Applying the Fibonacci retracement tool shows the next potential ceilings. The 38.2% Fib is at the middle of the channel around 0.1800 while the 50% level is at 0.1915. The 61.8% level is in lin...

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New Blockchain-Based Renewable Energy Pilot to Power 500,000 Homes

Bitcoin magazine - 4445 hours ago

As the effects of climate change make their mark across the globe, people are more wary of their carbon footprints and are gradually switching to renewable energy. Swytch, a blockchain-based energy platform will work with Energy2market GmbH (e2m), a leader in aggregated energy trading, on a pilot program which will allow it to power homes in Germany with renewable energy while rewarding users with...

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EOS Price Watch: How Low Can This Go?

NewsBTC - 4460 hours ago

EOS Price Key Highlights EOS is ready to resume its downtrend after bouncing off the top of the descending channel on the 4-hour chart. Price is also breaking below the mid-channel area of interest to signal a potential move until the bottom. The Fibonacci extension tool shows the next downside targets, but technical indicators suggest a return in bullish pressure. EOS looks prime for further de...

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Bitcoin (BTC) Price Watch: Next Targets if $6,500 Breaks

NewsBTC - 4461 hours ago

Bitcoin Price Key Highlights Bitcoin is down to a major support zone visible on the long-term chart and a breakdown could lead to a test of $4,000. If bears still take price below the next long-term bottom, a move towards $2,000 could come next. On the other hand, a bounce off this strong floor could allow more buyers to sustain a climb. Bitcoin is down to the major support zone around $6,500 an...

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Co-Founder of Ethereum: Blockchain Will be “More Disruptive” Than Dotcom Bubble

NewsBTC - 4471 hours ago

Joseph Lubin spoke at length earlier today about the disruptive potential of blockchain technology. The co-founder of the Ethereum network and blockchain software company ConsenSys was speaking at the MoneyConf in Dublin, the city his company has chosen to open a new office. Lubin: Blockchain Will Be “Orders of Magnitude More Disruptive” Than the Internet To promote the new ConsenSys offices in Du...

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