Bitcoin Price and Technical Market Analysis April 29th, 2020
Buyers confidently break the mark $7700. The next likely buyers target is $8800. The critical point for the trend of buyers is the mark $7550. Yesterday’s trading day on Bitcoin market was the final one for the price consolidation corridor. Yesterday, sellers were unable to fix below $7700 and continue trading at least at the […]
Blockchain-Based Decentralized Streaming Apps Have The Potential To Help Musicians Get More Revenue
Decentralized blockchain-based music streaming apps can help musicians via increasing income and decreasing censorship Opus, which is a blockchain-based music streaming platform, has released a detailed report describing how decentralized blockchain-based apps can reduce income inequality in the online music sector, and in general would allow artists to keep most or all of the income […]
World Economic Forum Thinks Blockchain Way Forward to Restabilize Global Economy
The World Economic Forum advocated blockchain in its recent report as a means for governments to re-stabilize the economy. The WEF also released a blockchain implementation toolkit for guidance pertaining to DLT deployment. In a report published on 28 April 2020, the World Economic Forum stated how blockchain-based solutions can help ease the difficulties that […]
Trending Bitcoin News and Market Sentiment April 29th, 2020: Congressmen Urge US Treasury to Use Blockchain in Covid-19 Fund Distributions, Bitcoin Small Investors Rapidly Growing
Bitcoin high so far at USD 8,404 Congressmen urge US Treasury to use blockchain in Covid-19 fund distributions Bitcoin small investors rapidly growing with 0.1 BTC addresses hitting all-time high Bitcoin is surging above USD 8,000 after momentarily touching a high of USD 8,404 (CoinDesk) as this piece is being written at 4:00 pm London […]
The Crypto Fear & Greed Index is Finally Moving in a Positive Direction, Potentially Indicating Bullishness
The crypto Fear & Greed index is giving indications of bullish directions The crypto fear & greed index is finally moving in a positive direction, after reaching extreme fear levels during the sharp crypto crash in March. Specifically, the index has risen from a low of 8 in March, which indicates widespread selling and extreme […]
