Bitcoin Today

Price
Today the most volume are being traded around the 8185.0 level. The fact that the price holds above the 8000.0 support adds bullish mood to the market. Also, the collapse in volatility seen this week suggests a much bigger price move on the horizon. The 8500.0 level is crucial for further growth, the breakthrough of this level will trigger buyers. Break below the 7700.0 level will possibly cause a panic and a break below the 7000.0 support will dismiss the reversal scenario.

Today forecast
Trading in 8000.0 – 8500.0 zone; Break above the 8500.0 level will lead the price to the 9000.0 level coinciding with the 100-days EMA.

Latest News

IBM And Salon Media Pilot Blockchain Project To Prevent Fraud In Advertising Industry. IBM and Salon Media are piloting a proof-of-concept Blockchain product created by AdLedger, a nonprofit consortium that develops shared ledger technologies for the digital advertising market, Marketing Dive reported April 18.
“The Campaign Reconciliation Project” leverages Blockchain tech to short-circuit intermediaries between advertisers, publishers, and consumers, which currently render the industry vulnerable to high-tech ad fraud, such as bot fraud and domain spoofing. Targeting campaign reconciliation, in particular, the Proof of Concept (PoC) records contractual conditions, publisher payments, and details about the fulfillment of contractual terms in a shared system that is immutable and fully auditable, PRWeb further reports.
China’s Telecom Giant Huawei Launches Blockchain-As-A-Service Platform. Chinese telecommunications giant Huawei revealed its latest Hyperledger-fuelled Blockchain offering at a conference in Shenzhen Tuesday, April 17.
The Blockchain-as-a-Service (BaaS) tool, which comes a month after the release of Huawei and Hyperledger’s joint project Caliper, will be known as the decidedly low-key “Blockchain Service.”
Hyperledger is an open source Blockchain operation created by the Linux Foundation in 2015. Since its inception, it has grown to incorporate over one hundred major business sponsors and seen multiple partnerships and integrations.
Focused on smart contract development, Huawei’s Blockchain Service “is a high-performance, high-availability, and high-security blockchain technology platform service for enterprises and developers,” its official description reads, and “can help companies and developers create, deploy and deploy quickly and cost-effectively on Huawei Cloud.”