Technology

Analysts at one of the world’s biggest bank, Citibank, have made an astonishing claim considering the source rather than the claim itself. Thomas Fitzpatrick, Managing Director at Citibank, says “the whole existence of bitcoin has been characterized by unthinkable rallies followed by painful corrections (the type of pattern that sustains a longterm trend).” This they
0 Comments
Nov 16, 2020 06:43&nbspUTC | Updated: Nov 16, 2020 at 06:43&nbspUTC By& Clark Bitcoin worth born below the conic on the 12-hour timeframe however traders are not career for a giant correction however.Over the weekend various traders discovered that Bitcoin (BTC) worth stone-broke its parabolic uptrend that had dated back to Sep. Technical analysts are bracing for a pullback because the dominant cryptocurrency eyes consolidation. Bitcoin may still see a powerful recovery when the weekly shut if there’s a continuation of the rally. however it might got to quickly go into the conic or risk a possible downward correction.Traders pinpoint $15,500 because the key level to
0 Comments
The recent Blockchain 3.0 event (virtual) had Sergey Nazarov, the celebrated Chainlink founder in a detailed chat on the current and near-future situation in the crypto and blockchain space. He started with a discussion on smart contracts and especially stressed on how oracles could solve the blockchain data issues.  Oracles can prevent breakdown of services
0 Comments
The giant online payment processor announced yesterday that all “eligible PayPal account holders in the US can now buy, hold, and sell cryptocurrency directly with PayPal.” The update of the original statement reads that users can interact with digital assets from their PayPal application or through their desktop accounts. The cryptocurrency community remains split in
0 Comments
In brief Blockchain startup Kirobo has launched an Ethereum version of its “Bitcoin Undo button.” The service allows users to revert their transactions by using a password-based system. At launch, the “Ethereum Undo” supports only ETH transactions, with ERC-20 tokens to come. Israeli blockchain startup Kirobo, known for its “Bitcoin Undo button” that allows users
0 Comments
German soccer club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer. The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant clubs, including high-profile names such as Paris Saint-German, Juventus, PSG, and Atletico Madrid. FC Bayern Munich is itself no stranger to
0 Comments
As the race for Central Bank Digital Currencies heats up, CoinDesk’s Markets Daily is back for your bitcoin news roundup! As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.  Now three Tencent-backed companies are setting themselves up to become
0 Comments
HDR Global Trading, parent company of derivatives trading platform BitMEX, has undergone a perhaps controversial rebranding. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests
0 Comments
With Tax Day fast approaching, CoinDesk’s Markets Daily covers all things IRS and crypto taxes on today’s show! Bitcoin is locked in a low-volatility squeeze similar to one seen ahead of a 40% price crash in November 2018. This time may be different. Have questions about filing your crypto taxes? CoinDesk dives into what we
0 Comments