Overnight, a dragonfly candle formed around the price of Bitcoin. It swept low to test the lower support level of the cryptocurrency at its bull flag. That amount is currently $15,166. The formation shows that end traders will need to look for a breakout level that could push the…
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99Crypto
Vasco da Gama's New Token
Vasco da Gama, which is one of the top teams in Brazilian football, has paired with Mercado Bitcoin, which is one of the biggest crypto exchanges in Latin America. They will tokenize the rights to a solidarity mechanism related to FIFA. The solidarity mechanism is part of FIFA's…
Bitcoin Market Bullish by All Accounts
Bitcoin Options Hint at Bull Market An explosive interest in Bitcoin options by large investors could mean the cryptocurrency is poised for a long-awaited bull run. Bitcoin is currently testing highs that it has not seen since the final months of 2017. The open interest on Bitcoin options stands at…
Growth of Blockchain in 2021 Will Exceed Its 2020 Rate
In an interview with a large online cryptocurrency publication, the Chief Technology Officer of Hedera Hashgraph said that although interest in blockchain has gone up in 2020, he thinks that bigger things will happen in 2021. The CTO, Leemon Baird, has a doctorate degree in computer science from Carnegie Mellon…
Schwartz of Ripple Takes to Twitter to Respond to Issues
This year has been quite anomalous in many ways, so perhaps it shouldn't come as a surprise that crypto has been encountering its own issues. Although the price of Bitcoin (BTC) has shot up over the past month or so, other forms of crypto have struggled to gain…
How Derivatives Earned Their Place in the History of Blockchain
The cryptocurrency industry looks a lot different than it appeared just three years ago. The year 2017 was like the Wild West. It featured astronomical price increases and a slew of huge fundraising events that took place under minimal regulation. Some aspects of 2017, such as the many initial coin…