Bitcoin Price Next Stop $23,000 as Halving Approaches

More data is flowing in suggesting that May’s block reward halving will initiate notable gains in Bitcoin’s value. This latest analysis suggests that the flagship cryptocurrency will slowly move up for the rest of the year, and eventually eclipse its all-time high. BITCOIN PRICE IS FOLLOWING A CLEAR PATTERN Analyst Bitcoin Jack has posted a graph on Twitter that examines a range of indicators on the weekly closing prices, all of which point to an impending bull run. He has tweeted: $BTC fair price analysis update 40% on our estimated…

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Bitcoin on the Brink of an Explosive Bull Rally; Here’s What Will Trigger It

Bitcoin and the entire crypto market appears to have entered another bout of sideways trading within the lower-$7,000 region, with bulls struggling to surmount the resistance that has been formed around $7,300. The price action seen throughout the past couple of weeks, however, seems to suggest that this consolidation may be short-lived, as it is on the cusp of breaking above a critical trendline. A clean break of this trendline could send BTC rocketing up towards its next key resistance level around $9,000, according to one prominent analyst. Bitcoin Enters…

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Cooking Mama Developer Denies Rumours it Mines Crypto

Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies. While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology —  it’s not in the way some players have speculated.  Addressing the rumors on Twitter, 1st Playable said there was absolutely nothing “shady in the code”: As the developers we can say with certainty there is no cryptocurrency or data collection or blockchain or anything else shady in the code. The Nintendo Switch is…

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With Traditional Markets in Turmoil, AlphaPoint Transforms Assets – Bitcoin Magazine

This is a sponsored article provided by AlphaPoint. In 2013, blockchain technology was in its earliest stages. The Bitcoin white paper, ushering in this underlying technology along with the world’s first cryptocurrency, had been published only five years before and was just beginning to gain traction in the wider world. At this dawning moment, AlphaPoint began its own journey to decentralize assets of all kinds and transform the traditional market into one that is more secure, transparent and suited for the future. AlphaPoint is a white label exchange and brokerage…

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BitMEX Donates $400,000 to Cyber Security Organisation

BitMEX parent company HDR Global Trading Limited has become a partner of nonprofit Shadowserver Foundation. HDR will sponsor the nonprofit by offering $400,000 over the next four years. BitMEX Operator Becomes Member of Shadowserver Industry Alliance Shadowserver Foundation is an organization that collects and analyzes data on malicious activity on the Internet. HDR has become a member of the nonprofit’s industry alliance aimed at improving the Internet security. Shadowserver was established in 2004 and has been supported exclusively by charitable donations and sponsorships. The organization brands itself as one of…

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Double Dragon: Is Ethereum Ready For Violent Reversal?

Ethereum continues to struggle amidst the current vicious and volatile market environment caused by the coronavirus outbreak and recession on the horizon. But following a historic market collapse that wiped out nearly all of the asset’s gains thus far this year, Ethereum may finally be ready for a violent reversal after a pair of dragonfly doji have formed two weeks in a row on ETHBTC price charts. Ethereum Thus Far Fails To Hold Up Against Current Crisis Ethereum kicked off 2020 as bullish as can be, surging over 100% in…

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Blockchain App Used to Track COVID-19 Cases in Latin America

A Canada-based company is turning to blockchain technology in their efforts to fight the coronavirus pandemic in Latin America. Emerge, a blockchain startup based in Toronto, is launching a public safety system app called Civitas to assist local authorities in many nations. According to a company blog post, the app was designed “to improve safety and cut store wait times by reducing gatherings in tight spaces, reducing the probability of contagion.”  The software program could associate locals’ government ID numbers with unique blockchain records, allowing authorities to determine if they…

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Hong Kong’s Path to an Asia Free Health Zone – Bitcoin Magazine

Bats are a known harbor to a large variety of viruses. Humans rarely interact with bats directly (they are not a common delicacy or pet in China), but other wild animals, such as civets and pangolins, do. Seventeen years before the outbreak of COVID-19, a coronavirus already made the jump to humans, likely starting with a farmer in Guangdong province in Southern China. 2013: SARS In the case of SARS, it remained locally contained until a fishmonger from the Guangdong region was checked into a hospital in the province’s capital…

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