One of the most prominent technical analysts in the crypto community believes that Bitcoin has yet to meet one last condition before it enters the next bull market.
The Path to a New Bull RunPeter Brandt, a 45-year trading veteran, recently expressed his views on the different factors that could lead Bitcoin to begin a new parabolic advance.
Monero researchers have outlined a new system called “Triptych,” which could enhance Monero’s privacy and scalability.
Triptych may or may not be introduced to future versions of Monero, but it has been described in full in a Jan. 6 research paper. Researchers say they are also working on a variant with “even better scaling.”
Coinbase and Circle are facing off against Binance in what could be a battle of stablecoins, and ultimately a war for the highly regulated and lucrative U.S. market.
Battle of the TitansWith Binance creating a U.S.-based exchange last September to service American customers, the industry found itself with two of its leading exchanges pitted against one another.
The introduction of regulations tend to drive Bitcoin and cryptocurrency prices down, says new research.
News of crypto regulations have a negative impact on the price of Bitcoin, suggests a 2020 paper published in the journal Research in International Business and Finance. The study looks at five categories of news: anti-money laundering, exchange controls, issuance (securities) regulations, and state-backed cryptocurrencies — all of which statistically drive prices down.
In the last few hours, Tezos broke out of a bearish trend it endured since mid-December 2019. Now, technical indicators show XTZ aiming for higher highs.
Tezos Technical AnalysisOn Dec. 13, Tezos peaked at a high of $1.86. Since then, this cryptocurrency entered a corrective phase that saw its price decline by nearly 35%. XTZ went down to reach a low of $1.21 on Jan. 2.
Bitcoin’s price appreciation in the face of strained sovereign relations supports a risk-off asset thesis rather than a safe haven.
Bitcoin on the Move amidst International TensionsThe recent rally in Bitcoin’s price has largely been attributed to the rising tension between the United States and Iran.
The crypto-financial services platform BlockFi today announced support for Litecoin and the stablecoin USDC. Users can now earn compounding interest when holding either cryptocurrency.
Blockfi Onboards More Top CryptocurrenciesBlockFi users will also be able to trade both Litecoin and USDC across the trading platform.
Binance has announced the launch of a fundraiser to help remedy the damage caused by the Australian bushfires.
Binance to the RescueThe project is led by the Binance Charity Foundation, the philanthropic subsidiary of the exchange giant. Binance is donating $1 million worth of its BNB tokens as an initial boost to the project.
The U.S. Securities and Exchange Commission (SEC) will prioritize the examination of the cryptocurrency industry throughout 2020.
Bitcoin (BTC) is seeing more computational power invested in coin generation than ever before.
As of Jan. 6, Bitcoin’s mining network has reached a hashrate of 120 exahashes per day. This number has been growing steadily over the past decade, but it has grown significantly in recent months. In the last year alone, the network has tripled.
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