Bitcoin Fees Temporarily Less Than BCH, Can This Continue?

Transaction fees are a hot topic of debate in the cryptocurrency world. There are numerous discussions regarding Bitcoin versus Bitcoin Cash fees in this regard. It now seems the average Bitcoin transaction cost is lower than that of BCH. As is usually the case, such a temporary snapshot can look very different in a few…

Bitcoin and Crypto on Continuous Decline: Major Factors and Trends

The year 2018 hasn’t been kind to the cryptocurrency and bitcoin industry. All markets are bleeding value for nearly five full months now. There are various factors which may contribute to this ongoing decline. Besides potential market manipulation, a few other trends are also worth taking into account. The Negative Cryptocurrency Trends Perhaps the most…

One of the Largest Banks in the Philippines is Implementing Ethereum With ConsenSys

UnionBank, one of the biggest banks in the Philippines, is working with US-based blockchain software technology company ConsenSys founded by Ethereum co-founder Joseph Lubin to assist local financial institutions in integrating Ethereum and blockchain-based platforms. Remittance-Focused Industry The Philippines has a unique financial infrastructure, and the banks are aware that only the upper class and…

South Korea’s Biggest Cryptocurrency Exchange Will Ban Trading in North Korea and Iran

Bithumb, South Korea’s biggest cryptocurrency exchange alongside UPbit, has banned digital asset trading in North Korea, Iran, Iraq, Sri Lanka, and seven other countries that are considered as high-risk jurisdictions by the Non-Cooperative Countries and Territories (NCCT) Initiative. Beginning May 28, the Bithumb team stated that to prevent its infrastructure and platform from being used…

Bitcoin Price Weekly Analysis: Can BTC/USD Hold $7K?

Key Points Bitcoin price remained in a bearish zone above the $7,000 support against the US Dollar. There is a key declining channel forming with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to stay above the $7,200 and $7,000 support levels to avoid a…

Ethereum Price Weekly Analysis: ETH/USD Approaching Crucial Break

Key Highlights ETH price settled below the $600 support level with negative signs against the US Dollar. There is a crucial contracting triangle forming with current support at $580 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may well make the next move either above $600 or below $580 in the…

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