surprise

Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats

Source Node: https://cointelegraph.com/news/bitcoin-bullish-cross-on-weekly-chart-paints-225k-btc-price-target-if-history-repeats
Time Stamp: August 23, 2021 10:21 AM - Modified On: August 23, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains.Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green.Time for another 5.5X BTC price surge?There is no shortage of bullish BTC price indicators this month, with everything from exchange balances to network fundamentals infirmly optimistic mode.MACD, which produced a rare crossover earlier in August, nonetheless adds the potential for upcoming gains to be an order of magnitude

Here’s everything you need to know about Bitcoin’s ‘biggest’ buy signal

Source Node: https://ambcrypto.com/heres-everything-you-need-to-know-about-bitcoins-biggest-buy-signal/
Time Stamp: August 8, 2021 11:00 AM - Modified On: August 8, 2021 - Published By:
Source Cluster:
Republished By Plato

To a fair extent, Bitcoin’s price managed to take people from the crypto community by surprise. The market’s largest coin was trading at $43.3k at press time. Before analyzing whether or not Bitcoin would be able to continue its uptrend, let’s deep-dive and decipher the signals exhibited by key indicators. Hash rate trend Until recently, Bitcoin’s hash rate was hovering around its November 2019 lows (86.2 million TH/s). However, this started improving since July. Interestingly, over the past ten days, this metric’s reading has risen from 98 million TH/s to

Longing Cardano: Does this move make sense

Source Node: https://ambcrypto.com/longing-cardano-does-this-move-make-sense/
Time Stamp: August 8, 2021 9:00 AM - Modified On: August 8, 2021 - Published By:
Source Cluster:
Republished By Plato

Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market during the last bear market brings forth the fifth-ranked alt’s tendency of getting less affected by the larger market.  The speculations of ADA following Bitcoin and Ethereum have been around for quite some time. As a

NuGenesis Network Full Review (Part 2)

Source Node: https://themerkle.com/nugenesis-network-full-review-part-2/
Time Stamp: August 6, 2021 8:28 PM - Modified On: August 6, 2021 - Published By:
Source Cluster:
Republished By Plato

The blockchain ecosystem, that is taking the world of technology by stormWe are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, but to encourage them to have fun, earn a good livelihood, build wealth and secure a stable financial future.Also Read: A Comprehensive Review of the NuGenesis Network (Part 1 of 6)Since 2009, a spotlight has been shone on a new technology

Weekly Bitcoin and Cryptocurrency Market Analysis

Source Node: https://bitcoinist.com/weekly-bitcoin-and-crypto-market-analysis/?utm_source=rss&utm_medium=rss&utm_campaign=weekly-bitcoin-and-crypto-market-analysis
Time Stamp: August 18, 2020 4:28 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

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. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

Source Node: https://cointelegraph.com/news/token-launches-from-ethereum-to-telegram-where-do-we-go-from-here
Time Stamp: August 12, 2020 9:51 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech titled “Not Braking and Breaking” that pointedly questioned the approach taken by the SEC in the Telegram case. Concluding her remarks, Commissioner Peirce asked:“Who did we protect by bringing this action? The initial purchasers, who

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

Source Node: https://cointelegraph.com/magazine/2020/08/12/blockchain-africa-women-bitcoin
Time Stamp: August 12, 2020 9:09 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has already begun to transform many industries, from finance and supply chain management to healthcare and governance.  However, it has yet to significantly change the demographics of the tech industry. According to a study conducted by

Tron (TRX) Forms Textbook Bear Signal Despite Rally in the Altcoin Market

Source Node: https://bitcoinist.com/tron-trx-textbook-bear-signal-despite-rally-altcoin-market/?utm_source=rss&utm_medium=rss&utm_campaign=tron-trx-textbook-bear-signal-despite-rally-altcoin-market
Time Stamp: August 10, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Tron (TRX) has been a sleeper cryptocurrency over the past few weeks. While it has rallied like many other digital assets like Bitcoin and Ethereum, TRX has not been focused on by many analysts. According to the Tom Demark Sequential, the popular altcoin is on the verge of reversing to the downside after a multi-day rally. Analysts beg to differ, arguing that Tron is actually on the verge of a massive upswing triggered by months of consolidation. Tron may be further suppressed by Bitcoin, which may lead the crypto asset

Ethereum 2.0 Testnet Performing Well, 1 Million ‘ETH’ Staked

Source Node: https://beincrypto.com/ethereum-2-0-testnet-performing-well-1-million-eth-staked/
Time Stamp: August 10, 2020 3:10 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. The Medalla ETH 2.0 testnet has been running for six days which has given developers a chance to monitor early progress. Launched on Aug 4, Medalla is the fifth and final testnet for the long-awaited upgrade to an Ethereum proof-of-stake consensus. Phase 0