Bitcoin & Altcoin NEWS

2020-04-24 20:54:54 CoinDesk
For Contact Tracing That Preserves Privacy, Focus on Incentives

Even the best technologies are useless if no one uses them, says our columnist. And that's especially true for contact tracing. Открыть/Комментировать

2020-04-24 20:54:46 CoinDesk
Blockchain Bites: Coinbase Oracle, Gun Sirer’s Grants and Lightning-Powered Private Messages

Coinbase's new service may outcompete Chainlink while AVA Labs is looking to fund DeFi development on its public testnet. Открыть/Комментировать

2020-04-24 20:54:40 CoinDesk
COVID-19 Tracing Apps Have to Go Viral to Work. That’s a Big Ask

How do you make it so people actually want to download a contact tracing app? Открыть/Комментировать

2020-04-24 20:54:33 CoinDesk
Money Reimagined: A World Where Privacy and Saving Lives Can Coexist

We don't need to trade our privacy for a better response to the COVID-19 crisis. We need to embrace the full power of cryptography. Открыть/Комментировать

2020-04-24 20:54:27 CoinDesk
Bitcoin News Roundup for April 24, 2020

BTC could hit $9K this year and Purse might have a second life. It's CoinDesk's Markets Daily Podcast. Открыть/Комментировать

2020-04-24 20:54:20 CoinDesk
SEC Sues Dropil Founders for Fraud After $1.8M Token Sale

The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale. Открыть/Комментировать

2020-04-24 20:54:13 CoinDesk
Oil’s Been More Volatile Than Bitcoin for Nearly 2 Months, Data Shows

The surge in volatility for oil goes back a lot further than Monday's crash, CryptoCompare data indicates. Открыть/Комментировать

2020-04-24 20:54:06 CoinDesk
Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank

Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020. Открыть/Комментировать

2020-04-24 17:46:02 Bitcoin News
Bitcoin Soars to Its Highest Level Since Crashing in March

https://news.bitcoin.com/wp-content/uploads/2020/04/hhhhhhh-768x432.jpg Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money.

Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19, respectively. The digital asset litecoin (LTC) soared more than 7%.

Bitcoin plunged 27% on March 12, otherwise known as ‘Black Thursday, as global financial markets reeled from effects of the coronavirus pandemic.

Experts have targeted a break above $8,000 as a key indicator for a bull run. But after the Thursday pump, BTC got rejected a hair, suggesting this “was not a normal bull flag.” The flash pump above $7,700 quickly lost momentum.
https://news.bitcoin.com/wp-content/uploads/2020/04/7d.jpg Since mid-March, BTC has appeared to move in sync with riskier assets like stock markets, rising when they rise and falling when they fall. U.S. equities gained on Thursday fuelled by hopes sections of the economy may soon open.

There are other factors in support of a bitcoin rally, however. Breaking a previous resistance level of $7,600 for the second time this month might be an indicator that a pre-halving surge is likely. The bitcoin block reward halving is just over two weeks away. Investors appear to be taking positions for an upswing in the price of BTC, if history is acting as a guide.

In addition, the 14-day Relative Strength Index (RSI) shows the cryptocurrency has yet to enter overbought territory. The RSI for BTC is around 59, far below the key threshold of 70, which signals overbought. A break lower could mean bitcoin falls to around $6,500, another major level of support, say experts.

At the time of publication, the total value of all the BTC in existence exceeds $138 billion. Over the past 52 weeks, the coin has touched a high of $13,796 and a low of $4,106, according to data from coin market capitalization aggregators.

Where do you think the price of bitcoin is headed? Let us know in the comments section below.

The post Bitcoin Soars to Its Highest Level Since Crashing in March appeared first on Bitcoin News.

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2020-04-24 17:39:05 CCN: Financial Bitcoin & Cryptocurrency News
Fortnite’s Popularity is Waning – but It’s Still Shattering Gaming Records

Epic Games' trippy Fortnite and Travis Scott Present: Astronomical virtual performance drew in a massive 12.3 m concurrent players.

The post Fortnite’s Popularity is Waning – but It’s Still Shattering Gaming Records appeared first on CCN.com Открыть/Комментировать