Technical analysis (TA) has been used to trade crypto since its inception. Traders claim that through careful analysis of historical data and focus on price, volume, and related indicators it is possible to identify patterns and predict outcomes. Here are a number of key indicators and mechanics commonly used for trading crypto. Technical Analysis Is Controversial There are a number of ways …
Signs are emerging that the futures market may not be impressed by bitcoin’s recovery from 15-months lows in December – at press time, the cryptocurrency’s spot price is higher than the futures price. As of writing, the global average or spot price calculated by CoinDesk’s Bitcoin Price Index (BPI) is currently $3,650 – up 16.9 percent from the low of $3,122 reached …
Shy of $1 Trillion at its peak, the value of all cryptocurrencies is a drop in the bucket when compared to approximately 60 global equity markets at nearly $80 Trillion in size While there has been a lot of hope for widespread adoption of blockchain, the practical usage of the vast majority of cryptocurrencies is just speculative trading and potential …
The University of Bahrain will issue diplomas on the blockchain, English-language local media Trade Arabia reports on Jan. 13. According to the aforementioned article, the university employs the Blockcerts open standard in partnership with Learning Machine, a startup providing a system to issue verifiable official records using a blockchain-anchored format. As Cointelegraph reported in September last year, the government of …
Alexis Gauba is co-founder at she256, a nonprofit dedicated to increasing diversity and breaking down barriers to entry in the blockchain space, and Mechanism Labs, which is conducting blockchain based research experiments in the domains of distributed consensus, scalability, and usability. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Blockchain technology has been challenging norms and pushing boundaries …
Although we have been facing a doom and gloom scenario for months in the crypto markets, the situation is not that negative for some. Investor and advisor, Oliver Isaacs has risen from behind the scenes to become one of the top blockchain investors, influencers and strategists in the space. He was an early investor in Ethereum, Bitcoin Cash, and Monero …
Consulting giant McKinsey & Co recently published a report on the state of the blockchain industry, claiming that while crypto technology has potential, it has been unable to break away from the early “pioneer” phase with most use cases failing to take off. The Report: ‘Blockchain’s Occam Problem’ The report is not entirely critical, stating that blockchain is viewed as …
The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8. According to the announcement, the licenses were issued by the finance ministry “under the recommendation of the SEC Board.” The four companies that received a license are digital asset exchanges …
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. NBU Official Urges Banks to Embrace Innovation National Bank of Ukraine Mikhail Vidyakin, …
There are now over 4,000 bitcoin ATMs throughout the world, global statistics provided by Coinatmradar.com show. Nearly all of them support bitcoin (BTC) and a growing number are supporting bitcoin cash (BCH). Most of the machines, also known as BATMs, can be found in the U.S., though their presence is steadily growing, not only in developed European countries, but in Latin America …
