Crypto Spring Blooms? Bitcoin Transactions Hit Highest Level in a Year

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off, there are many fundamentals to which believers in the world’s largest cryptocurrency like to pay attention. One of these metrics just went through the roof. The SFOX Crypto Volatility Report: February 2019 was released today, and in this report, analysts try to gauge the health of crypto markets by looking…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…

uBUCK Debuts | Hybrid Summit 2019 Welcomes Jon Malach

uBUCK Advisor Jon Malach lights up the stage at Hybrid Summit 2019. Hong Kong Blockchain Week is underway and on March 7th, Hybrid Summit 2019 made its debut at HKBW. The blockchain-centered educational event held speakers from all over the world, including IOHK Founder and CEO Charles Hoskinson. Among the many presentations made, the uBUCK presentation, in particular, has gained buzz from the event – according to speaker Jon Malach, uBUCK is offering a new and convenient approach to crypto Mastercards and stablecoin wallets. The Hybrid Summit is an annual event…

Tippin.me Takes Off at Lightning Speed With More Than 14,000 New Users

As the new Lightning network (LN) protocol continues to take the Crypto-Twitterverse by storm, it’s taking at least one new app with it, as the tipping and micropayment app Tippin.me catches on like wildfire. Founder Sergio Abril told Bitcoin Magazine he is “overwhelmed” by the interest and support he is receiving from around the world. Struck by the potential success of the new Lightning network protocol, Abril created Tippin.me three months ago as a way to enable Lightning micropayments without a user having to set up an LN node. Abril…

Bitcoin (BTC) Demand Could Stem From Increasing Bank Scandals

Bitcoin prices consolidating but bullish Obscure banks real culprits in money laundering Transactional volumes drop below average Findings indicate that centralized global banks are agents of money laundering and not Bitcoin or cryptocurrencies as peddled by mainstream media. With high transparency level of public blockchains as Bitcoin’s, the native coin, BTC stands to be the money of the web further pumping prices up. Bitcoin Price Analysis Fundamentals From the very inception, Bitcoin as tech is adapting. With a slew of accusations that the global, decentralized “new money” is anonymous and…

Binance Coin (BNB) Defying Gravity After Sovereign Backing

Binance Coin (BNB) price up 54 percent in last week The government of Argentina is supporting blockchain projects backed by Binance Labs Participation levels explode in recent days Argentina is interested in blockchain projects and an accelerator program in conjunction with Binance Labs. They shall invest $50 in 10 different projects in the next four years. That is the confidence we need, and as Binance Coin (BNB) edge higher, there is an opportunity for traders to benefit from the recent uptick in demand. Binance Coin (BNB) Price Analysis Fundamentals On…

Litecoin (LTC) Up 28 Percent, Lightning Network Capacity Up 76 Percent, What can Stop $70?

Litecoin prices surge, up 27.8 percent in last week Lightning Network capacity up 76 percent Participation levels up, averages increase from 954k in mid-Nov to 1.5 million by last week’s close Pumping Litecoin is renewed interest and technical factors. Now that LTC prices are trading above $50 in a bull breakout pattern, Litecoin stands to rally with first targets at $70. Litecoin Price Analysis Fundamentals As alternative and superior money for the web, the primary driver has to be adoption. The more Litecoin (LTC) finds utility, the more its value…

Kraken Crypto Exchange Poaches a Sony Studio Head for Marketing Push

Kraken, one of the largest U.S.-based crypto exchanges with daily volume of around $100 million, has hired a Hollywood veteran to be its first chief marketing officer. Matt Mason spent the last four years as the studio head of 1-800-N0TH1NG, described on his LinkedIn page as an “innovation lab” in Los Angeles funded by Sony Pictures. He left that job last month to take the newly created position at Kraken. “Building out the marketing function at Kraken is a critical next step for us as we continue to grow our business and…

How Bitcoin Price Could Go Higher Because of Increased R&D

Enough with institutional investments, bitcoin price may also surge higher because of an active research and development community. At least that is what a recent study by Electric Capital indicates. The San Francisco-based crypto asset management firm found that the number of developers working on public blockchains doubled since 2017. As of January 2017, there were a total of 2,190 developers working across the public coin projects. That number increased to 4,352 by the end of January 2019. The gap hinted that cryptos’ underlying technologies were being developed at a full-scale…

Three Price Resistance Levels to Beat for Bitcoin’s Bulls

View Bitcoin’s bull revival, as signaled by the weekly chart indicators, is still in the nascent stage and will likely become more entrenched if and when prices clear the resistance levels at $4,190, $4,236 and $4,388. A high volume break above the three resistance levels could be followed by a rally to highs above $5,000. Bitcoin could challenge resistance at $4,190 in the next few days, as a strong bounce from the ascending 5-week moving average (MA) seen earlier this week has restored the short-term bullish view signaled by a…