Cardano Price Analysis: ADA/USD Could Accelerate Declines

Key Highlights ADA price remains in a major downtrend below the $0.2000 and $0.2200 resistance levels against the US Dollar (tethered). There was a break below a major declining channel with support at $0.1820 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains at a risk of more declines …

Bitcoin Magazine’s Week in Review: Expanding Exchanges and Investors

Cryptocurrencies and exchanges were the focus this week. Coinbase is getting into the decentralized exchange business with its acquisition of Paradex, potentially opening up thousands of ERC-20 tokens to traders, depending on what the SEC ends up doing with regulations. The parent company of the New York Stock Exchange, Intercontinental Exchange, continues work to implement …

Bitcoin Price Analysis: Rumour Has It…

Eustace Cryptus · May 26, 2018 · 11:00 pm Bitcoin price action continues to slide in favor of bears as the cryptocurrency dips below $8,000 for the second time in 7 days and a bear reversal is clearly in play. Market Overview ‘Rumour has it Bitcoin won’t see 10k anymore’ would serve as a suitable …

Cryptocurrencies like Bitcoin Less Wasteful Than Fiat Money

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Earlier this week, I wrote on social media that it costs significantly less energy to produce cryptocurrencies like bitcoin and Ethereum. The responses were, “that’s not true, once fiat money is created, no additional energy is required.” Bitcoin and cryptocurrency have an …

Podcast Platform Castbox Launches Blockchain Project to Reward Creators …

Award-winning global podcast platform Castbox has announced the release of ContentBox, a blockchain-based infrastructure for decentralized digital content. The project is backed by Bo Shen — the founder of Fenbushi Capital and an early adopter of Ethereum — who will serve as both a cornerstone investor and strategic advisor to the team. Shen said, “The …

Bitcoin Wallet Xapo Implements Scaling Solution SegWit

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Ted Rogers, the president at Xapo, a widely utilized cryptocurrency wallet and vault, has revealed that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core development team. SegWit Adoption and Importance of Xapo Earlier this month, …

PermaBull Tom Lee Holds Strong on $25K Bitcoin Price Prediction

Nick Chong · May 25, 2018 · 9:00 am Wednesday’s arrival of Tom Lee onto a CNBC segment saw the analyst expressing his high hopes for the cryptocurrency space despite negative price action. He still fully expects that the Bitcoin price will reach $25,000 by the end of the year.  Crypto Market Unexpectedly Slips, Falls …

Coinbase Takes Another Step Toward Trading ICO Tokens by Acquiring …

Cryptocurrency exchange Coinbase has taken another step toward trading ERC20 tokens by acquiring decentralized relayer Paradex. ERC20 is the Ethereum technical standard that the majority of initial coin offering (ICO) tokens are based on. Paradex announced the news on its website today, May 23, 2018, adding that its site will be down temporarily while it …