Top Cap and Delta Cap: New Metrics for Spotting Bitcoin Price Trend Reversals

Believe it or not, there are more ways to anticipate the future market value of bitcoin than through practicing technical analysis or by observing network activity developments. While valuable in their own right, thanks to researchers Willy Woo and David Puell, several new experimental bitcoin valuation metrics were released in February that combine the two fields to create a more holistic view of bitcoin’s market.   Sample sizes are small in the cryptocurrency markets, with the oldest, bitcoin, having existed just 10 years, but two of the newly released metrics…

Wuabit Service Means Users Can Send Crypto through WhatsApp

According to Medium, Bitcoin and other cryptocurrencies will be able to be sent through the WhatsApp messaging service. A new crypto wallet service developed by Wuabit will mean the sending of crypto via WhatsApp. Wuabit The Wuabit service will give users access to their tokens through WhatsApp. In essence, the wallet will appear linked to WhatsApp and is capable of all the regular wallet functions. This includes sending, receiving, and trading crypto assets. According to Wuabit, it is a “cryptocurrency wallet accessible via a chat interface.” The Wuabit team is planning on…

3 Bearish Factors That Will Slaughter This Bitcoin Price Rally

By CCN.com: The bitcoin price on Wednesday extended its rebound from $3,859, surging as much as 2.80-percent since the Asian session to crack $4,000 on most major crypto exchanges. As of 18:20 UTC, the bitcoin-to-dollar exchange rate was trading at $4,011, down 0.52-percent from the session high at $4,032. The marginal downside correction didn’t interrupt the market’s intraday bullish bias. However, the bitcoin surge came alongside declining volumes, which cast doubt on the uptrend’s durability in the medium-term. Unfortunately for the bulls, the charts seem to favor the bears, as…

Inverse Bitcoin Price Chart Fractal Could Hint Where Crypto Market Moves Next

While crypto investors often argue over the merit of technical analysis, there’s no denying that Bitcoin price charts and that of other most popular crypto assets – or any asset type for that matter – show repeating chart patterns that may indicate where a market may move next. Occasionally, the same pattens occur in order of sequence. This occurrence is called a fractal, and are often created by the emotional state of market participants. One prominent crypto analyst has discovered a potential inverse fractal in Bitcoin price charts that may…

Bitcoin (BTC) Add $2.5 Billion in 36 Hours, Bitmain to Bolster Network

Bitcoin prices up three percent Bitmain plans boost the network’s hash rate Transaction volumes low but could surge once prices are above $4,200 Unexpectedly, Bitcoin (BTC) prices found support at Mar 5 highs as bulls flew back. This revival coincides with news of Bitmain plans of deploying 200,000 units as they plan to take advantage of low electricity cost during this summer. Bitcoin Price Analysis Fundamentals Well, after fears of a possible collapse were allayed in the Asian session when prices bounced off $3,900. With apprehensive bulls, Bitcoin had a…

Justin—Vitalik Feud Intensifies as Ethereum (ETH) Bulls Flow Back

Ethereum prices up four percent in the last day Justin—Vitalik rivalry continues Volumes low despite today’s revival In response to Vitalik previous comments, Justin Sun now says they shall build a monument when Tron succeeds. Meanwhile, Tron is up four percent in the last day, bouncing off $135. Ethereum Price Analysis Fundamentals Vitalik and Justin are without doubt blockchain poster boys. However, what‘s interesting is their public feuds. It often lights up space more so when prices are on a dip. However, what is concerning is their frequent loggerheads as…

London Metal Exchange Backs Plan to Track Physical Metals With Blockchain

The London Metal Exchange (LME), which boasts the world’s largest market for metal derivatives, is said to be supporting an initiative to track physical metals using blockchain. A Financial Times report on Tuesday citing “people familiar with the effort” said that the LME has backed a consortium initiative led by commodity trading firm Mercuria, to build a blockchain-based system to track the trade of physical metals such as copper, zinc and aluminium. The initiative, dubbed “Forcefield,” is also supported by banks such as Macquarie and ING, according to the report.…

CabbageTech CEO Indicted in New York for Defrauding Crypto Investors

The 46-year-old owner of a firm called CabbageTech has been charged in New York with duping investors out of over $200,000 in cryptocurrency and cash. The U.S. Attorney’s Office of the Eastern District of New York announced Tuesday that it has unsealed a nine-count indictment charging Patrick McDonnell, also known as “Jason Flack,” with wire fraud and has arrested him. Between November 2014 and January 2018, McDonnell allegedly represented himself as an experienced cryptocurrency trader, promising customers that he would provide them with trading advice, as well as buy and trade cryptocurrency…

New iPhone-Controlled Crypto Vault Promises ‘Bank-Grade’ Security

Trustology, founded by technologists who previously worked at such banks as BNY Mellon, RBS and Barclays, has launched an iPhone-controlled crypto vault it claims is secure enough for financial institutions. Announced Wednesday, the first version of TrustVault is available for download at the Apple UK App Store, and initially can be used to store ether, the cryptocurrency native to the ethereum public blockchain. Bitcoin and ERC-20 tokens that run on top of ethereum are to follow soon after. Trustology closed an $8 million seed round late last year led by ethereum design…