Bitcoin Price Analysis Nov.13: Back in danger, are the bears following NASDAQ?

In our previous analysis, we mentioned the ascending trend-line, which stopped Bitcoin from getting to new lows. Unfortunately for the bulls, Bitcoin had broken that trend-line. Since then, after failing to break through the resistance of the 50 and 100 days moving average lines, along with the descending trend-line, Bitcoin is back down to discover new lows. For the...

Ethereum Price Analysis Nov.12: Low volatility. A move ahead?

The Crypto market is getting really really tense lately. Not much has changed regarding price levels since our last post,  but we can notice that the BTC volume is constantly shrinking. ETH is currently trading at the $210 price level. We haven’t seen too much volatility in the ETH chart during the last 3 days. The price range was less...

Everything You Need To Know About The Upcoming Bitcoin Cash Hardfork

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The Bitcoin Cash (BCH) hardfork, which has been sparking the cryptocurrency’s price up in the recent weeks, will occur on November 15, 2018, at 4:40 PM (UTC). Despite the great start following the fork’s announcement early this year, the BCH community has been divided into two separate camps. Following the November upgrade, a chain split is imminent. The two solutions...

Why is it Crucial to Solve the Security-Complexity Relation for Fast Track Adoption?

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To many people who are deeply involved in the crypto space, the idea of mass scale adoption is not a matter of ‘if’ but ‘when’. As progress continues to be made to improve the scalability and usability of Blockchains, and as regulators get closer to defining the rules that will allow institutional investors to safely jump on board, it’s...

Can Blockchain Transform Loyalty in the Food Service Industry?

The food service industry has undergone significant changes over the last ten years. Since the world recovered from the global financial crisis of 2008, the food service sector has been in steady growth, with even the mature US market forecast to see continuing increases of over 5% each year. In 2017, restaurant sales accounted for 48% of the dollars...

Bitcoin Price Analysis Nov.11: Support holds, still dangerous

As mentioned on our previous price analysis, Bitcoin was facing the significant $6500 – $6530 resistance area. It has failed to break it, what lead a correction down with a current low at $6307 (Bitstamp), getting support on the ascending trend-line. Despite the fact that Bitcoin was looking positive, so far, it has failed to create a higher low around...

President of Venezuela: Petro Exchangeable for Other Cryptos Only If Purchased in 2018

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The President of Venezuela, Nicolas Maduro, has said “Anyone who buys Petro before 31 December 2018 can convert it into any digital currency or international convertible currency”. This implicitly indicates that anyone who buys Petro after New Year’s Eve will not be able to exchange it, raising further doubts about the Petro’s existence. All cryptocurrencies in existence can be traded...