Binance, one of the world’s crypto exchanges, is testing the patience of its followers with the 2nd mysterious tweet about Binance 2.0.
This edition of Max’s Corner takes a look at some of the themes touched upon during Blockchain Week in New York City and how they reflect larger trends and questions currently in play in the industry.
According to Diar, more than one-fourth of all Bitcoin funds are held in “whale” wallets with more than 1,000 BTC each. The research points out that addresses holding this amount of coins have increased to over 26% of the circulating BTC supply.
Bitcoin has gone through a mild decline throughout the past 24 hours, losing about $200 of its value. However, the Grayscale Bitcoin Trust (GBTC) still trades at $11.44 per share, putting the price of Bitcoin upwards of $11,600.
The recent Bitcoin price surge has made many crypto bulls including McAfee and Andy Cheung to believe that Bitcoin will surge to set new all-time highs way above the ‘conservative’ $20,000 in 2019.
Bears are increasing their momentum as the bearish candle is pushing Bitcoin price downward to $8,233. Without the interruption of the Bulls, BTC price may reach $8,233. In case the Bulls fail to defend the mentioned level the price may target $7,812.
Jehan Chu, co-founder of Kenetic Capital, predicts that Bitcoin price will reach the $30,000 mark by the end of the year.
Yahoo! Japan and CMD Lab Inc will launch a new cryptocurrency exchange platform, dubbed TaoTao on May 30 in what is Yahoo!’s first crypto-related project and also a first by a large Web services company.
EOS retains its top spot in China’s crypto rankings list. It is notable that EOS, that attempts to solve the problem of speed, scalability, and flexibility, has been maintaining its top position since June 2018.
One of the most prominent Wall Street names, Fidelity Investments, still believes in Bitcoin and continues to mine it.
Should the $8,608 level hold, the bulls will continue to put the Bitcoin price on the uptrend track. In case the Bulls lose their momentum with increase in the Bears’ pressure, $8,608 level may be penetrated and the price may find support at $8,233 level.
Bitcoin price makes a quick 10% surge on Monday, May 27 as the world’s largest cryptocurrency sets its next target at $10000.
CoinDeal is known for being the first crypto exchange to sponsor the Premier League team – Wolverhampton Wanderers F.C that got into the UEFA Europa League.
Galaxy Digital CEO Mike Novogratz recently talked about the current state of the crypto industry. Novogratz explained why the crypto winter is finally thawing and why‘Facebook’s ‘GlobalCoin’ won’t rival Bitcoin.
Do you think blockchain, crypto, and ICO can reshape the world as we know it today? But how exactly this is going to happen? In this article, you’ll find the answer exploring the leading industries affected by blockchain.