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After a Volatile Week, Bitcoin Opens Higher on Monday

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-opens/
Time Stamp: April 6, 2020 2:42 PM - Modified On: May 21, 2021 - Published By:
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As we see strong signs of stabilization throughout Europe, the situation in the U.K. seems to be getting worse. Not only has the prime minister himself now been admitted to the hospital, but the number of confirmed cases has seen a significant spike to nearly 6,000 yesterday. Last night, the queen herself addressed the nation in a brief but extremely moving speech. Over in the U.S., the president has mentioned that the peak is near. Yet, even in Asia, leaders are finding it difficult to lift the lockdowns and travel

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

Source Node: https://cointelegraph.com/news/charities-are-turning-to-bitcoin-amid-the-global-fight-against-coronavirus
Time Stamp: April 6, 2020 2:41 PM - Modified On: May 21, 2021 - Published By:
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In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are

Introducing the new Blockchain.com monthly newsletter — April Edition: “After the Dust Settles”

Source Node: https://medium.com/blockchain/introducing-the-new-blockchain-com-monthly-newsletter-april-edition-after-the-dust-settles-53995c8fc2af?source=rss----8ac49aa8fe03---4
Time Stamp: April 6, 2020 12:38 PM - Modified On: May 21, 2021 - Published By:
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The quality of information and data in crypto has improved in recent years, so you may be asking why another monthly newsletter?There are still some big data and analysis gaps in crypto. Crypto markets are nowhere near as widely served with reliable research and data as traditional markets. Indeed, the March 12–13th crypto stress test demonstrated there are also still some very significant issues with the state of crypto exchange infrastructure.What you can expect from our monthly newsletterOur intention with this newsletter is to avoid repeating what you can find

Celsius Lists Libra Challenger for 9.9% Potential Interest

Source Node: https://cointelegraph.com/news/celsius-lists-libra-challenger-for-99-potential-interest
Time Stamp: April 6, 2020 11:00 AM - Modified On: May 21, 2021 - Published By:
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Crypto lending platform Celsius Network has listed startup Saga’s SGA stabilized asset, unlocking the potential for token holders to earn interest.  “Saga has partnered with leading cryptocurrency interest income platform, Celsius Network,” Saga founder Ido Sadeh Man told Cointelegraph.The collaboration and listing means “users can both preserve their assets’ value with SGA’s proven stabilization mechanism (the IMF's SDR, a basket of currencies designed to offset currency fluctuations), as well as earn attractive interest through the Celsius network,” Man explained. Saga does not call itself a "stablecoin"Although Saga touts SGA as a stable

New Zealand Financial Regulator Warns Public About ‘Profit Bitcoin’ Scam

Source Node: https://cointelegraph.com/news/new-zealand-financial-regulator-warns-public-about-profit-bitcoin-scam
Time Stamp: April 6, 2020 10:53 AM - Modified On: May 21, 2021 - Published By:
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Amid the apparent global surge of cryptocurrency-related scams, New Zealand’s financial regulator has warned the public against another suspected Bitcoin (BTC) investment scam scheme.In an April 6 statement, the country’s major financial watchdog, the Financial Markets Authority (FMA), issued an official warning against “Profit Bitcoin” — an alleged get-rich-quick scam that promises returns by using software that “wins” Bitcoin trades with “99.4% accuracy.”Scam purportedly involved false claims from the New Zealand’s governmentThe FMA noted that the entity and its website, theprofitbtc.com, have the “hallmarks of a scam,” emphasizing that Profit

Adult Entertainment Supported by Crypto Shoppers During Quarantine

Source Node: https://cointelegraph.com/news/adult-entertainment-supported-by-crypto-shoppers-during-quarantine
Time Stamp: April 5, 2020 8:46 PM - Modified On: May 21, 2021 - Published By:
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While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase in purchases from adult stores in March over activity in February. Sites like ManyVids and LiveJasmin had 17% and 8% increases in cart sizes, respectively. Other adult stores reported a 36% increase in turnover. Most of these merchants are based in Europe, where measures are in place to limit people from leaving their homes and many

Ripple Price Prediction: XRP/USD Faces Down after Touching $0.180 Resistance Level

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-faces-a-crucial-support-after-touching-0-180-resistance-level/256616
Time Stamp: April 5, 2020 6:47 PM - Modified On: May 21, 2021 - Published By:
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XRP Price Analysis – April 5Ripple price is facing a selling pressure below the $0.182 resistance against the US dollar.XRP/USD MarketKey Levels:Resistance levels: $0.210, $0.220, $0.230Support levels: $0.150, $0.140, $0.130XRPUSD – Daily ChartXRP/USD is slowly declining below key the supports. The Ripple price might revisit the $0.177 support before it could start a fresh increase. After struggling to stay above $0.177, Ripple started a slow and steady decline. The coin traded below the key $0.182 support level to move into a short term bearish zone.However, XRP/USD is currently changing hands

Bitcoin Price Prediction: BTC/USD Extends Sideways Grind Below $7,000 Level

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-extends-sideways-grind-below-7000-level/256603
Time Stamp: April 5, 2020 12:25 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 5The technical indicator RSI (14) is currently moving in sideways, reflecting that the Bitcoin price is in a consolidation mode.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartBTC/USD added around 2% and closed at $6,890 yesterday, at the moment, the coin is currently erasing the majority of its gains. As of writing, the Bitcoin (BTC) hovers at $6,780 which is down with 1.38% on a daily basis. For now, the price is seriously struggling in

Staking, Consensus and the Pursuit of Decentralization

Source Node: https://cointelegraph.com/news/staking-consensus-and-the-pursuit-of-decentralization
Time Stamp: April 4, 2020 3:02 PM - Modified On: May 21, 2021 - Published By:
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Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network.Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational work

Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Source Node: https://cointelegraph.com/news/blockchain-experts-weigh-in-on-russias-controversial-coronavirus-tracking-app
Time Stamp: April 4, 2020 2:31 PM - Modified On: May 21, 2021 - Published By:
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Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia.Moscow’s COVID-19 App is pulled from Google PlayOn March 25, an app called “Social monitoring” appeared in Google Play store. According to the app’s description, it was designed for social monitoring as well as for providing access to emergency services.Users soon noticed that the app required many sensitive permissions, including geolocation, bluetooth pairing, biometric data, and calls. Notably, the data was also being openly transmitted without encryption. The backlash against the app led to

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Source Node: https://cointelegraph.com/news/crypto-community-largely-approves-of-binance-acquiring-coinmarketcap
Time Stamp: April 4, 2020 1:31 PM - Modified On: May 21, 2021 - Published By:
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Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites.The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to make

Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

Source Node: https://insidebitcoins.com/news/litecoin-price-prediction-ltc-usd-facing-the-ultimate-make-or-break-test-at-42/256557
Time Stamp: April 4, 2020 12:03 PM - Modified On: May 21, 2021 - Published By:
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LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much