An endless number of economic sanctions imposed by the United States and an endless number of bad policies imposed by the Venezuelan government have led to an increasing love for Bitcoin and other cryptocurrencies in the latin american nation. This week, Pizza Hut, one of the oldest pizza chains in the country began to accept Bitcoin and other digital currencies as payment.On November 27, 2020, Pizza Hut’s customers began to have the option to pay for their orders with cryptocurrency. This...
Read More »Could Libra Be Available Within the Next Two Months?
Facebook’s new cryptocurrency and digital payment system, Libra, could be ready for release early as January of next year.Libra Is Potentially Ready for a RolloutThe news surrounding the release of Libra has been circulating throughout crypto newsrooms for more than a year and a half. Since June of 2019, the currency has been permeating analysts’ minds. They have wondered many questions, a big one being “What would Facebook gain from cryptocurrency?”The project has puzzled many people....
Read More »Ethereum 2.0 Finanzierung steht
Die Finanzierung des Ethereum 2.0 Projektes ist komplett. Das Mindestziel hat der Smart Contract zur Finanzierung bereits erreicht. Große Whales hatten in den vergangenen Tagen dafür gesorgt, dass ungefähr 524.000 ETH hinterlegt worden sind, und seitdem haben sich auch weitere Investoren angeschlossen. Ethereum News: Ethereum 2.0 Finanzierung stehtNachdem der Start der Investmentphase eher verhalten verlief, kam es in den letzten Tagen zu großen Einzahlungen – inzwischen ist das Mindestziel...
Read More »Bitcoin: Temporary Correction or No ATH This Year? The Crypto Weekly Market Update
Bitcoin has a way of surprising people. This week was no exception. A few days ago, almost everyone believed that the cryptocurrency is inevitably headed to a new all-time high. And how could they not? BTC was trading at a few hundred USD below the record from back in 2017. Unfortunately, things took a turn for the worst.Yesterday was undoubtedly a bad day for bitcoin as it plunged a total of around $3,000 in less than 24 hours. From a high of about $19,500 down to $16,200, the bears poked...
Read More »Bitcoin Latinum Seeks to Enhance Crypto Transaction Speeds
Bitcoin Latinum, which is described in a press release as a “next generation” bitcoin fork, is now ready and available for trading. The asset is being released to the public through a new pre-sale launch, which will take place on bitcoinlatinum.com, while the currency will become generally available to crypto exchanges and traders everywhere beginning in early 2021.Bitcoin Latinum Will Allegedly Improve Real-Time UsageThe currency is set to trade under the symbol LTNM, while more than 888...
Read More »Bitcoin Black Friday 2020: The Sales You Better Not Miss
Black Friday is the day shoppers anticipate the most. Being regarded as the beginning of the Christmas shopping season in the US since 1952, Black Friday has also infiltrated almost every country with significant discounts on clothing, consumer electronics, home utilities, and more.The cryptocurrency space also provides compelling offers. Perhaps the most attractive one arrived yesterday as most digital assets, including Bitcoin, started an early Black Friday sale.Black Friday On The Crypto...
Read More »Bitcoin Cash Analysis: Eyeing Fresh Increase Above $280
Bitcoin cash price started a sharp decline after trading as high as $373 against the US Dollar.The price broke the $300 support and settled below the 55 simple moving average (4-hours).There was a break below a crucial contracting triangle with support at $320 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could restart its upward move if there is a clear break above the $280 and $288 levels.Bitcoin cash price is holding the $250 support zone and recovering...
Read More »The Growth of Ripple Is Possibly Outshining That of Bitcoin
Bitcoin has been doing rather well as of late, but what about some of the world’s smaller coins? Assets like Ripple (XRP)?Ripple Is Doing Rather Well as of LateIt’s clear that bitcoin has been hogging up all the attention lately. The currency’s run all the way past the $19,000 mark is making a huge impact on traders and industry experts alike, but it the midst of all the hype and hoopla surrounding bitcoin and larger digital assets, it appears we’ve forgotten about some of the smaller...
Read More »$80 Billion Wiped Off Total Market Cap as Cryptocurrencies Get Massacred
The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops.The Red Sea Among The AltcoinsThe alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly records for many altcoins, including Ethereum reaching $620 and Ripple at nearly $0.90.However, the situation changed suddenly in the...
Read More »EOS Price Analysis: Corrects Lower, Key Support Nearby Near $3
EOS rallied towards the $3.900 level before correcting lower against the US Dollar.The price is currently trading below the $3.300 support and testing the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.120 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could retest the $3.000 support zone before a fresh increase in the near term.EOS price started a sharp decline after it failed to test $4.000 against the US...
Read More »