Bitcoin Cash Price Technical Analysis (May 14): On the Verge of Another Bull Rally

Bitcoin Cash Price Technical Analysis (May 14): On the Verge of Another Bull Rally

Bitcoin Cash (BCH) is currently trading at around $404. Looking at the chart, we can see that the price is in a strong uptrend movement after a minor correction. Also, we can see a formation of cup and handle pattern (similar to BTC’s recent movements); it is a very bullish pattern. The buying point was at around $325. Currently the price is approaching its resistance at $408 with support at $330. Dow Theory According to…

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Crypto Mining Giant Bitmain Reports 88% Decline in Bitcoin Mining Power

Crypto Mining Giant Bitmain Reports 88% Decline in Bitcoin Mining Power

Beijing-based crypto mining rig manufacturing giant, Bitmain, recently reported that its internal Bitcoin and Bitcoin Cash mining operations have generated 88% less computing power compared to a month ago. The major cutdown has been revealed by the company in its monthly hashing power disclosure. As per the hashing power disclosure, on May 7th, the hash rate of all Bitcoin and Bitcoin Cash mining hardware which are running on the SHA265 chips has dropped significantly. Comparing…

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UK’s Leading Travel Management Firm Corporate Traveller Partners with BitPay to Enable Crypto Payments

UK’s Leading Travel Management Firm Corporate Traveller Partners with BitPay to Enable Crypto Payments

The UK’s largest business travel management service provider Corporate Traveller has recently announced a collaboration with one of the world’s oldest and most reputed Bitcoin and blockchain payment provider BitPay. As a result, Corporate Traveller, the business arm of Flight Centre Travel Group, one of the world’s largest travel companies, has now started accepting Bitcoin and Bitcoin Cash for payments for its small and medium-size enterprises customers for business travel bookings, according to a press…

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The Tor Project Enables Cryptocurrency Donations

The Tor Project Enables Cryptocurrency Donations

As cryptocurrency and its underlying technology, Blockchain technology, garner more traction towards the mainstream, this new era of digital currencies has proven to offer a wide range of use cases across different sectors. Ranging from the corporate world to our everyday grocery purchase, this set of virtual currencies have found its use in virtually every aspect of our lives today. Over the years, tons of innovative ideas were created to help demystify the complex technology,…

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Digitec Galaxus Becomes the First Swiss Online Retailer to Accept Cryptocurrencies

Digitec Galaxus Becomes the First Swiss Online Retailer to Accept Cryptocurrencies

The biggest online retailer in Switzerland, Digitec Galaxus, has recently announced that it will now accept cryptocurrencies as a medium of exchange, according to a press release published on March 19. According to ecommerceDB, an e-commerce data platform, Digitec Galaxus was first launched in 2010, it is the world’s 100th biggest online retailer, and in 2018 had net sales of over $811 million, which seem only to increase this year. Digitec Galaxus, from now on,…

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Weekly Crypto Market Analysis February 20th-27th: Bitcoin SV Goes Up, Bitcoin Cash Goes Down

Weekly Crypto Market Analysis February 20th-27th: Bitcoin SV Goes Up, Bitcoin Cash Goes Down

The whole crypto market seems to be experiencing a downward run. However, this is just a minor correction after two whole weeks of an intense bull run. This is a much-needed correction and we could all see it coming. The whole market is still in a way better position than its condition in January 2019. Amidst the sea of red, there are a few cryptocurrencies which were still trading in green over the past week….

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Weekly Crypto Market Analysis February 12th-19th: EOS, Ethereum Top Performers

Weekly Crypto Market Analysis February 12th-19th: EOS, Ethereum Top Performers

It’s great news for every crypto investor out there that the crypto market has been trading towards the green end for the past two weeks. It looks like the market is gearing up for another massive bull run very soon. Almost every single cryptocurrency amongst the top 100 ranked cryptocurrencies has been trading in green throughout the past week. With a surge of demand for these virtual currencies, this trend in the crypto market is…

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Bitmain Introduces New Lower Energy-Consuming Chip for Bitcoin Mining

Bitmain Introduces New Lower Energy-Consuming Chip for Bitcoin Mining

Hong Kong-based crypto mining rig manufacturing giant Bitmain Technologies Limited revealed its next-generation 7nm ASIC chip to mine SHA-256 cryptocurrencies like Bitcoin and Bitcoin Cash. According to Bitmain, this newly designed mining chip is 28.6% more efficient than Bitmain’s previous 7nm chip, the BM1391. This mining chip will be available in new Antminer models the S17 and T17 as announced by by the company. Since inception, Bitmain is pushing the edges of computing power by…

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Wikipedia Partners with BitPay to Allow Bitcoin, Bitcoin Cash Donations

Wikipedia Partners with BitPay to Allow Bitcoin, Bitcoin Cash Donations

The Wikimedia Foundation Inc, the US-based nonprofit firm that operates the online encyclopedia Wikipedia, has partnered with BitPay, the largest global blockchain payments provider. This move will allow Wikipedia to accept Bitcoin as well as Bitcoin Cash donations. From November to December every year, Wikipedia asks its users for donations. It usually suggests a donation to anyone who visits the site, for example $3, in order to keep the site running and free of ads….

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Investigation Claims that Fortnite’s Digital Currency Is being Exploited to Launder Money

Investigation Claims that Fortnite’s Digital Currency Is being Exploited to Launder Money

The online battle royal game Fortnite is being played by over 200 million people worldwide and popular amongst the children and teenagers because it is free to play and available on every major gaming platform. However, Fortnite has recently come into limelight and in the radar of investigator because of its in-game currency called V-bucks and how it is being used by cybercriminals to launder money. An investigation by The Independent and research by cybersecurity…

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