Ethereum Price Analysis: ETH/USD’s Massive Breakdown Below $100

Key Highlights ETH price seems to be approaching a massive breakdown below $100 against the US Dollar. There is a crucial bearish trend line in place with resistance at $106 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break the $100 and $95 levels in the near term if sellers remain in action. Ethereum price is facing heavy selling pressure against the US Dollar and bitcoin. ETH/USD is likely to decline further as long as it is below $106 and $110. Ethereum Price…

Path to Bitcoin Cash ABC—SV Parity?

Latest Bitcoin Cash News The crypto market has been dismal to say the least. Commentators even insist that this crypto winter has been the longest in seven years and even in the midst of this value wiping slide, Roger Ver—the face of Bitcoin Cash, is optimistic and very bullish on the space. Roger Ver is an ardent fan of cryptocurrencies and his hate for centralized entities is what keeps him going and advocating for Bitcoin Cash whom he claims to be the “real Bitcoin”. Read: Crypto Lending Services Coming to…

BTC/USD Lose $202 to $3,800 as Sellers Flow Back

Latest Bitcoin News Thing is, the crypto market especially BCH continues to dump and as a result, the future of the cryptocurrency market continues to draw mixed opinions. Some are expect this decline to extend throughout Q1 2019 while others are positive that bulls will snap back to action next year. The reason for this optimism is always anchored on the increasing institutional investment making forays into the space assisting in infrastructure developments. Read: Institutions Still Bullish On Crypto: Grayscale Owns 1% of All Bitcoin A few days back the…

R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing  ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based.” The press release clarifies that XRP will be the first cryptocurrency specifically supported by Settler, but also stated outright that it would not…

Bitcoin is 43% More Profitable Than Craig Wright’s ‘Miner-Friendly’ BSV

When Craig Wright formed an alliance with CoinGeek founder Calvin Ayre to launch a hostile takeover of the Bitcoin Cash (BCH) network, the two men predicted that their BCH implementation — Bitcoin SV (BSV) — would quickly accrue near universal support among miners due to its allegedly miner-friendly protocol specifications. This support would be so comprehensive, they boasted, that the other BCH would quickly cease to exist. Actual events, of course, took a very different turn, and before long, BSV’s backers had resigned themselves to pursuing “Satoshi’s original ‘original vision’”…

Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst

On the back of a grueling quarter, the bitcoin price could still see tougher times ahead. One analyst over at Bloomberg sees the flagship cryptocurrency possibly heading toward $1,500. Indeed, bitcoin had a dismal November, as part of a difficult year overall for the crypto market, though the past few days have seen slightly more stability from crypto’s largest asset. However, today it seems that the selling has resumed. Bitcoin has dropped nearly $200 already today, from just over $3,900 down to $3,739 as of the time of writing. BTC/USD…

Binance Showcase Decentralized Exchange Progress in Latest Video

Binance just offered its users an in-depth sneak peek of its forthcoming decentralized exchange (DEX). Announced in March of 2018, the decentralized exchange will be built on Binance’s own Binance chain, the soon-to-be base layer for BNB, Binance’s trading currency that is currently an ERC-20 token. A December 4, 2018, YouTube video posted by Binance’s official channel showcases the work the Binance DEX has undertaken on the project since its last update. Displaying the exchange in a testnet view, a representative from the Binance DEX team gives viewers a rundown…

The Race Is On to Replace Ethereum’s Most Centralized Layer

“If we don’t stop relying on Infura, the vision of ethereum failed.” That’s how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum’s most popular – and controversial – technologies on Twitter in October. Infura handles around 13 billion code request per day and provides a way for developers to connect to ethereum without having to run a full node. And while the exact usage stats aren’t public, by creating a simpler method for interfacing with the network, it’s said to underpin the majority of decentralized…

Binance Releases Demo of Planned Decentralized Crypto Exchange

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has released a new video demo of its decentralized exchange, dubbed Binance DEX, ahead of its launch in early 2019. Released Wednesday, the video demonstrates the trading interface of Binance DEX, along with a web crypto wallet and the explorer for Binance’s native public blockchain, Binance Chain, which the firm says will be made available on a testnet soon. Based on the video, Binance DEX will have a very similar interface to its existing centralized exchange, with some additional features.…

A Top-5 US Hospital Is Exploring Blockchain for Patient Data

Massachusetts General Hospital (MGH), one of the top-five hospitals in the US, is partnering with Korean blockchain startup MediBloc in an effort to find better ways to store and share patient data. Synho Do, director of the Laboratory of Medical Imaging and Computation, a joint venture of MGH and Harvard Medical School, told CoinDesk that the hospital is expanding research in a range of areas “from medical image analysis to health information exchange by leveraging our cutting-edge technologies such as blockchain, artificial intelligence and machine learning.” Regarding this specific partnership,…