Bitcoin Price Analysis: Bullish Divergence At $11,500

Bitcoin price hit a peak of $13,000 on the 10th of July just two days ago. Since this price levels have pulled back to POC (Point of Control) around $11,300 as mentioned in my previous bitcoin price analysis. Three descending lows are evident on the 30 Minute time-frame alongside descending volume and ascending RSI which …

South Korean Crypto Project ICON Adjusts Supply For Reshape

So far this year Bitcoin has taken the crypto limelight as its market dominance has surged at the expense of the altcoins. Many blockchain projects are still busy working hard at improvements and South Korea’s ICON is among them as it makes changes in preparation for upcoming public representative elections. ICON Pushes Forward With Roadmap …

CoinDeal Renews Wolverhampton Sponsorship

Crypto exchange CoinDeal has announced the renewal of its advertising agreement with the Wolverhampton Wanderers, a major English football team. The sponsorship means that CoinDeal will continue to sustain a brand presence within the mainstream sports world, a rarity for a bitcoin-focused company. CoinDeal, which operates a cryptocurrency exchange that has so far catered to …

Iran Formally Allows Bitcoin Mining Despite Trading Ban

Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading.  Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom following an uncertain few months.  As Iran battles increased US …

Playing on Layer 2: Satoshi’s Games Brings Lightning to the Next Level

Though Bitcoin’s second layer is mostly appreciated for its speed and scalability, it also helps enable some interesting smart contract functions. In this regard, the intricate microtransaction features have inspired enthusiasts to work on Lightning applications (LApps) that disrupt everything from content monetization (with Y’alls and LNCast) to privacy-friendly text messaging (like LnSMS and Receive …