A little over a week ago, China renewed its hostilities towards the crypto industry as it declared all crypto transactions within its jurisdiction “illegal.”This new regulation, while it has had some negative impacts on the price of the leading digital asset, Bitcoin, alongside other cryptocurrencies in the market, the winners in the current shakedown appears to be the … [Read more...] about DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown
Emerge
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
Bitcoin (BTC) prices broke below a long-standing support wave, which was instrumental in keeping its strong bullish bias intact after March 2020's crypto market crash.Dubbed as the 50-week simple moving average, or 50-week SMA, the wave represents the average price traders have paid for Bitcoin over the past 50 weeks. Over the years, and in 2020, its invalidation as price floor … [Read more...] about $13K Bitcoin price predictions emerge with BTC falling below historic trendline
Could Paraguay emerge as a Bitcoin mining hub after China crackdown?
Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk.The announcement was the latest in China’s long-running friction with the cryptocurrency industry. But this time, given the Chinese Communist Party’s promotion of its digital yuan, it looks as though commercial … [Read more...] about Could Paraguay emerge as a Bitcoin mining hub after China crackdown?
As technology matures, more uses will emerge?
Before the age of smartphones allowed the average person on the street to snap a selfie with their favorite celebrity, autographs and signed memorabilia were highly sought after by collectors. Naturally, the value of these real-world, authentic and rare keepsakes are high and remain so today.However, thanks to the utility of blockchain technology, digital collectibles are … [Read more...] about As technology matures, more uses will emerge?