A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics. The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to well above $10,000 in just three months. He said central banks injected “free money” into the market to safeguard it from potential geopolitical and macroeconomic…

Over the past day or two, the crypto market — from Bitcoin to Ripple’s XRP — has begun to slow. The prices of the leading digital assets have finally taken a breather after days and days of uptrend without too much of retracement. While some fear that this slight drop in the price of cryptocurrencies could be a precursor to a greater move lower, XRP just printed an extremely bullish signal that suggests it will be…

Bitcoin’s trademark price volatility is now near its record lows, according to data gathered by Skew. The crypto data analysis portal highlighted that the realized volatility of the BTC/USD pair dropped to 53 percent over the last three months – from 70 percent on a one-year timeframe. It further noted that the dip in bitcoin’s volatility came against its supersonic price rally, adding that the negative correlation was a “positive development” for the cryptocurrency. “Bitcoin up…

It seems that Bitcoin bears are finally getting some time to shine. After the 4% flash crash and 3% flash recovery seen earlier today, BTC continued to trend lower, pushing to $9,800 as of the time of this article’s writing. While already bad enough for those who expected Bitcoin to embark on a relentless rally higher, a prominent investor — one could call him a “whale,” someone with an extreme amount of BTC in their possession…

OKEx, the leading crypto assets exchange and trading platform, through its OKEx Jumpstart program has announced the launch of a new token sale. The HyperDAO (HDAO) sale set to go live on Feb 25, 2020 will become the 10th such offering of the program as it aims to promote the development and adoption of blockchain infrastructure across industries. The HyperDAO project is said to have found a place in the OKEx Jumpstart program due to its…

Bitcoin price formed a short term top near $10,200 and declined recently against the US Dollar. BTC might continue to decline, but the bulls are likely to remain active above $9,500. Bitcoin is slowly correcting lower below $10,000 and $9,850 against the US Dollar. The price even broke the $9,800 area and it might extend its downside correction. There is a key declining channel forming with resistance near $9,785 on the hourly chart of the BTC/USD…

Ripple is declining from the $0.2900 resistance area against the US Dollar. XRP price broke $0.2700 and it could continue to correct lower towards the $0.2600 support. Ripple price started a downside correction after it failed to test $0.3000 against the US dollar. There was a break below the $0.2800 and $0.2700 levels. There is a key declining channel forming with resistance near $0.2735 on the hourly chart of the XRP/USD pair (data source from Kraken).…

Ethereum price started a downside correction from the $230 swing high against the US Dollar. ETH is currently declining and it remains at a risk of more losses below $215 and $2152. Ethereum declined below the $225 and $220 support levels against the US Dollar. The previous support at $225 is now acting as a major resistance for the bulls. There is a key contracting triangle forming with support near $218 on the hourly chart of…

Ever since US President Donald Trump shared his thoughts on Bitcoin in a blistering tweet from last July, crypto investors have been nervously anticipating news regarding when the government would start a formal crackdown on the nascent technologies. It now appears that this crackdown could be on its way in the coming couple of years, as the White House’s newly released 2021 budget proposal recommends shifting the US Secret Service to operate underneath the Treasury in…

United Nations (UN) secretary-general Antonio Guterres says the intergovernmental organization should embrace blockchain technology moving forward.  According to a statement provided to Forbes on Dec. 28, the former prime minister of Portugal called blockchain a crucial component to the UN in building a more sustainable world.  Guterres said,  For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable…