STEEM Price Surges 180% As Binance And Huobi Support Hive Hard Fork The price for STEEM has surged a massive 180% today before retracing upon the news that Binance and Huobi will support the hard fork to split the blockchain and produce another one called Hive.Binance And Huobi To Support Hive As Cryptopotato reported, Hive will be a new blockchain that will be forked off the… Coinbase Hires A Former Google Executive As Chief Product Officer The U.S.based cryptocurrency exchange Coinbase has hired a former Google executive as a new Chief Product Officer (CPO).After over a month since the previous CPO left the company, the popular exchange has replaced him with Surojit Chatterjee.Coinbase Hires A New CPO In December last year, Jeremy Henrickson left his position at the… This Is Why Bitcoin and Altcoins are Correlated On The Short Term, Investor Explains Bitcoin and alternative cryptocurrencies have become largely correlated over the past couple of years.
Whenever there’s a serious move in the price of BTC, altcoins are almost always following the lead.
A well-known startup investor and trader, Qiao Wang, took the opportunity to comment on the matter, outlining the reason for this correlation.Why Bitcoin… The IEO Question: Revolutionary Fundraising or Exchange Token Pumps? BNB, HT, OKB and KCS Seen Enormous Gains Major cryptocurrency exchanges such as Binance, KuCoin, Huobi, Bittrex, and OKEx have initiated what seems to be a new trend in cryptocurrency fundraising.Initial Exchange Offerings (IEOs) have proven to be massively successful for the projects aiming to raise money.The first to lead was Binance exchange with its Launchpad platform, but the others were… UK’s Tax Authority To Leverage Blockchain To Track Bitcoin Transactions UK’s Revenue and Customs agency is ready to invest up to $130,000 towards the development and implementation of a new “cryptoanalysis” tool.
According to a recent report, the United Kingdom’s tax authority, HM Revenue and Customs (HMRC) is looking for, “vendors to showcase their capabilities by demonstrating their expertise in the field of crypto-asset tracing.”… Tears Time: Traders Cry-Out Watching Bitcoin Destroying Their Altcoins – Will Their Time Come? Bitcoin has been on a huge bull run since the end of March 2019 with the coin reaching almost $14,000 so far.While Bitcoin price increase is undoubtedly positive for crypto traders holding the coin, it could mean the opposite for altcoin holders.
Sometimes there’s a correlation between Bitcoin and altcoins, meaning that when BTC’s price is… Bitcoin Cash Price Analysis: BCH Follows Suit With a Strong Move to $294 Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days.Against Bitcoin, the price continues to remain in a consolidation phase after three months decline.
BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD.… Ethereum Price Analysis: ETH Hits New Daily Low at $200, Can it Recover? The cryptocurrency market has undergone a major shift over the past 24 hours as Bitcoin briefly dropped below the $10,000 level.Ethereum wasn’t left out of the crosshairs, as it marked a decrease of 6%, lowering its price to $225.
Furthermore, ETH has continued to slide against BTC, creating fresh multi-year lows.Nevertheless, it remains… Amid BREXIT: UK Makes It Cheaper To Start A Cryptocurrency Business As the country officially left the European Union (EU) on January 31st, 2020, the UK has also taken steps to become more cryptocurrency-friendly.It has amended existing regulations to reduce the registration fees for crypto-related businesses.Encouraging Small Cryptocurrency Firms The UK Financial Conduct Authority (FCA), in a newly released document, has restructured the registration… Leave a Reply You must be logged in to post a comment.
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