Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
In a call with investors on May 27, Goldman Sachs, the New York-based multinational investment bank and financial services company maligned Bitcoin and cryptocurrencies, saying they are “not assets.” This…
Read More »Bitcoin Holds above $8,600, Makes Upside Correction
Since May 24, Bitcoin dropped to $8,669 and resumed fluctuation between $8,600 and $9,000. For the past four days neither the bulls nor the bears have taken advantage of the…
Read More »Bitcoin Cash Breaches More Supports after Rejection from $280 Resistance
Bitcoin Cash is trading and has fallen to a disappointing low of $228 after a series of downward moves. Originally, BCH was fluctuating between $230 and $280.
Read More »National People’s Congress: China to Establish a Blockchain Development Fund
At this year’s annual gathering, the Chinese legislative body proposed the establishment of a fund to support the development of blockchain technology led by the government.
Read More »Ecosystem Support Program: Allocation Update, Q1 2020
The Ecosystem Support Program is an arm of the Ethereum Foundation dedicated to providing financial and non-financial support to projects working to help Ethereum grow and thrive. We recently published…
Read More »KuCoin OTC Trading Desk Supports Purchasing Cryptocurrencies With Canadian Dollars (CAD)
On May 25th, KuCoin, an IDG-backed crypto exchange, announced that its OTC Trading Desk will support Canadian dollars (CAD) at 09:00, May 25th (UTC-8), and users can use Canadian dollars…
Read More »Ethereum Risks Losing Significant Support Levels as Sellers Threaten to Short
In the last 48 hours, Ethereum dropped to $201 after the bulls were rejected at the $212 resistance level. For the past week, Ethereum‘s bulls have attempted to break the…
Read More »Bitcoin Breaches Critical Support Level, Vulnerable to Further Break Down
Yesterday, BTC made another surprise drop to $8,700 and the support appears to be holding in the meantime. The gradual downward move has been systematic.
Read More »Zcash’s First Halving May Solve Its Inflation Problem
Zcash (ZEC) is due for its first mining reward halving later this year. The event could solve a major problem for the privacy-focused cryptocurrency.
Read More »