ETH/USD Encounters Technical Pressure at 1973: Sally Ho’s Technical Analysis 16 July 2021

“Ethereum (ETH/USD) remained weak early in the Asian session as the pair failed to sustain a move above the psychologically-important 2000 figure and moved back below the 1900 level during the North American session.  Traders observe ETH/USD tested the 100-hour simple moving average during yesterday’s Asian session before coming off, and later encountered technical resistance […]

Artists’ Interest Has Helped Push Sustainability for NFTs

“A panel during Christie’s Art + Tech Summit had an interesting take on how the introduction of artists into the NFT space has helped grow sustainability in the blockchain space. The post Artists’ Interest Has Helped Push Sustainability for NFTs appeared first on BeInCrypto.” Source: BeInCrypto

Cardano might be set to fall to this level over the next few days

“Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice We are halfway through July, and a majority of the price action has been bearish for Cardano. The crypto-asset started the month above $1.45 but since then, it has been on a consistent decline.” […]

Hong Kong Busts Crypto Launderers With $155M Seizure

“Hong Kong customs officials have announced the uncovering and dissection of a major cryptocurrency money laundering operation. The post Hong Kong Busts Crypto Launderers With $155M Seizure appeared first on BeInCrypto.” Source: BeInCrypto

Cardano Successfully Completes Alonzo Testnet Hard Fork, What’s Next?

“Cardano closes in on one of its most important milestones since its inception, the implementation of its smart contract platform, Plutus. Input-Output Global (IOG) announced via its Twitter handle the successful roll-out of the Hard Fork for the Alonzo Testnet. This update will integrate Plutus into the mainnet, as NewsBTC previously reported. At the moment,” […]

How Bitcoin Will Impact El Salvador’s Geopolitics

“A survey of the history, economy, geography and demographics of El Salvador demonstrate that the adoption of Bitcoin will be a major success.” Source: Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Drops Launches on Ethereum Mainnet To Start NFT-Backed Loans

“Drops, a project building liquidity and loan infrastructure for NFTs, has officially launched its loans protocol on Ethereum mainnet. The platform is designed to facilitate the first large-scale implementation of trustless loans against NFT-based collateral – a feat which is yet to be achieved in the space. At launch, Drops loans will begin by supporting borrowing […]

Chinese Bitcoin mining power disappears overnight

“According to research by the Cambridge Centre for Alternative Finance (CCAF), China’s mining power disappeared overnight as soon as the crackdown was enacted. It also shows that China’s share of global bitcoin mining has been in decline since 2019.  An article published today by the BBC shows that “bitcoin mining is on the move”, following crackdowns by […]