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Vietnamese Government Throws Weight Behind akaChain to Lead Country’s Digitization.

The Vietnamese Ministry of Information and Communications is betting on enterprise-grade blockchain platform akaChain to spearhead its national program for digital transformation. akaChain to Lead Vietnam’s Digitization In a press release issued on August 17, Vietnam’s Ministry of Information and Communications announced the launch of akaChain, a scalable blockchain protocol developed by one of theRead MoreRead More. origin »

Weekly Bitcoin and Cryptocurrency Market Analysis.

Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. origin »

Gemini Increases Fiat Currency Options with CAD, HKD and AUD Support.

Gemini crypto exchange has added support for three fiat currencies within its trading platform, according to an official announcement by the firm on August 17. The Winklevoss brothers’ led digital asset trading platform will now feature the Canadian dollar (CAD), the Australian Dollar (AUD), and the Hong Kong dollar (HKD). This milestone comes as a […] origin »

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Bitcoin is Poised to Push Towards $14,000 After Posting Bullish Weekly Close.

Bitcoin has continued consolidating within the upper-$11,000 region overnight This extended period of sideways trading has come about despite it facing multiple recent rejections at $12,000 Its inability to break above this level has so far not led it to see any notable near-term downside, with $11,700 becoming a strong level of support This support level was previously a crucial resistance that it was struggling to close above Yesterday marked the first daily – and […] origin »

Bitcoin Blasts Back Above $12,000, Sets New High For 2020.

Bitcoin’s price this morning blasted clean above $12,000 for yet another attempt to hold above the key level. The latest move also has set a new high for the year. Will this latest performance from bulls lead to a much stronger push higher to retest $14,000, or after so many weeks of positive momentum, is the trend started to near its end? New 2020 Record High Set For BTCUSD After Monday Morning Mayhem This morning, […] origin »

What is Yield Farming? Exploring DeFi’s Recent Rising Star.

Reading Time: 7 minutes Yield farming is a method to harness idle cryptocurrencies such as coins, tokens, stablecoins, and put those assets to work in a decentralized finance fund, often generating interest rates that… The post What is Yield Farming? Exploring DeFi’s Recent Rising Star appeared first on CoinCentral. origin »

Chainlink, ETC, Dogecoin Price Analysis: 18 August.

Chainlink's price dipped alarmingly, registering close to 20% loss within an hour. This action happened hours after Bitcoin reached a local high of $12,499. Ethereum Classic, on the other hand, saw reThe post Chainlink, ETC, Dogecoin Price Analysis: 18 August appeared first on AMBCrypto. origin »

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Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC.

The Ethereum-led DeFi token bullrun has created a situation where Bitcoin tokenized on the platform exceeds actual Bitcoin mined, according to on-chain analytics firm Dune Analytics. Bitcoin on Ethereum a Hit Over 1,100 more Bitcoin was represented on the Ethereum blockchain as of August 17, data on Dune Analytics shows. origin »

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Why Bitcoin Price Could Be On The Verge Of Another Catastrophic Drop.

While many analysts are still pointing to more upside for Bitcoin’s price in the coming months, a popular indicator suggests that the current top is already in. The analyst who goes by the moniker of ‘CryptoWhale’ alerted his followers on Twitter of transactions by big market players involving 400,000 BTC being moved around in the […] origin »

Ethereum, Dash, Algorand Price Analysis: 18 August.

Market Volatility is at a new high for all digital assets. For the altcoins, the market has been rather turbulent as a correlation with Bitcoin maintains minimal levels. Over the past 24-hours, while The post Ethereum, Dash, Algorand Price Analysis: 18 August appeared first on AMBCrypto. origin »

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Here’s Why Bitcoin Is Primed to Move Towards $13,000.

Bitcoin is surging higher after holding in the high-$11,000s for a number of days. As of this article’s writing, the leading cryptocurrency trades for $12,150. Although this is not much higher than the breakout zone at $12,000, analysts are optimistic about what’s next for the market. origin »

Trump Mulls Pardoning Edward Snowden.

U. S. President Trump has asked his staff about pardoning whistleblower Edward Snowden. The announcement comes with the president behind in the polls of the looming election. Pardon Me In an interview with the New York Post last week, President Trump said he had asked his staff what they thought of Edward Snowden. origin »

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Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?.

Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees […] origin »

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