Monero ‘falling wedge’ breakout positions XMR price for 75% rally

Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised to resume its uptrend over the next few months. Falling wedge breakout underway Notably, XMR’s price broke out of its “falling wedge” structure in late […]

Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June

Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market towards $40,000.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin edges towards $40,000 Data from Cointelegraph Markets Pro and TradingView showed last week’s downtrend gathering pace Monday after a disappointing weekly close. The calm weekend thus gave […]

Dow Jones, S&P 500, Nasdaq 100 Falling amidst U.S.-China Dispute

Dow, S&P 500, Nasdaq 100 are falling in the pre-market after it has become known that President Donald Trump is going to hold a news conference on China on Friday. Stocks on the United States markets plunged in the pre-market on Friday as the investors are waiting for U.S. President Donald Trump to hold a […]

Falling Wedge Breakout Propels Bitcoin Price Above Key Resistance at $9.2K

Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain may not be much to talk about, the move above the key resistance level is a step forward and the initial move to $9,180 closed the CME gap from last weekend. Crypto market […]

US Military Is Falling Behind China, Russia in Blockchain Arms Race: IBM, Accenture

The U.S. Department of Defense can’t afford to lose the global military blockchain race to Russia and China, warns a new white paper by Amazon Web Services, IBM, Deloitte and others. Organized by the Value Technology Foundation think tank and co-authored by a smattering of private sector tech companies, consultancies and blockchain firms, the briefing […]