Ripple price started a fresh increase after it cleared the $0.2500 resistance against the US dollar.The price is now trading well above the $0.2520 pivot level and the 55 simple moving average (4-hours).There are two bullish trend lines forming with support near $0.2520 and $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2590 and $0.2600 resistance levels.Ripple price is trading is a bullish zone above...
Read More »Neues Allzeithoch für Bitcoin in Brasilien und der Türkei
Ein neues Jahreshoch gab es im Dollarmarkt für den BTC, doch in anderen Ländern schoss Bitcoin sogar auf Allzeithochs. Mit der Türkei und Brasilien sind sogar Länder außerhalb der dritten Welt dabei – ist dies ein Vorgeschmack auf den BTC-Preis, den wir bei einem Dollarkollaps erleben werden? Bitcoin News: Neues Allzeithoch für Bitcoin in Brasilien und der TürkeiDie Ankündigung PayPals Bitcoin und ausgewählte Altcoins ins Angebot aufzunehmen, hat dem Markt sicherlich nicht geschadet. Das...
Read More »Stagnant Crypto Weekend: Bitcoin Temporarily Stopped at $13,000
Following the past couple of days of significant price developments within the cryptocurrency space, most assets have calmed. Bitcoin remains just shy $13,000, while some of the altcoins have even retraced slightly. Bitcoin Struggles at $13,000 The past seven days were nothing short of impressive for Bitcoin. After a brief dip to $11,400 last week, the cryptocurrency went on a roll. Promising news from PayPal only accelerated BTC’s bullish run, resulting in a fresh 2020 high...
Read More »The Fight Between Kik Crypto and the SEC Ends
The Securities and Exchange Commission (SEC) has penalized Kik for launching an initial coin offering (ICO) that allegedly did not go through the appropriate registration protocols with the agency. Kik is now being required to fork out a $5 million fee.The SEC and Kik Have Reached a SettlementThe SEC has sworn up and down over the past few years that it would go after all token offerings that have in some way or another gone against its rules. It has warned many crypto ventures offering...
Read More »BitMEX Rides on New Futures Listings to Dive Deeper into DeFi
BitMEX plans to offer futures contracts for DeFi projects Yearn.finance (YFI), Polkadot (DOT), and Binance Coin (BNB).The Seychelles-based BitMEX exchange said via its blog post on Friday that it plans to launch three new Altcoin/USDT underlying quanto futures contracts. Yearn.finance (YFI) – an Ethereum-based token governing the Yearn.finance platform — will be the first DeFi token to be added and then later Binance Coin (BNB) as well as Polkadot‘s (DOT) native token.Through the new quanto...
Read More »Bitcoin Cash Analysis: Upside Continuation Likely Above $270
Bitcoin cash price rallied and gained pace above the $250 and $265 resistance levels against the US Dollar.The price traded to a new monthly high at $275 and it is well above the 55 simple moving average (4-hours).There is likely a bullish continuation pattern forming with resistance near $272 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move if it clears the $272 and $275 resistance levels.Bitcoin cash price started a strong...
Read More »Brendan Blumer Discusses What Makes Block.One So Important
Block.one and EOS are notable platforms for two reasons. The first is that they held a year-long coin offering between the summers of 2017 and 2018. The second reason? Because even though the Securities and Exchange Commission (SEC) went after the companies for hosting the token sale – which the SEC is typically known to do – both Block.one and EOS came out ahead and garnered a ruling in their favor. This is important given we’re now in a time when companies are known to fall apart the minute...
Read More »Ben Weiss: The Next Big Blockchain Company Is Likely to Come Out of Singapore
According to Ben Weiss, the chief operating officer of Coin Flip, the next big tech company – comparable to the likes of both Amazon and Apple – will not stem from the United States but will instead be created within Asia.Ben Weiss: The Next Tech Company Will Come From AsiaHe says that the United States has fallen behind when it comes to cryptocurrency and the regulation necessary to keep crypto in check. While regulation ultimately goes against the decentralized nature of digital assets, he...
Read More »Tether Treasury Mints 450M USDT in Two Days as Bitcoin Rallies to New 2020 ATH of $13,184.57
Over the years since its inception, USDT has provided unique services that most digital assets fall short of.The Tether Treasury has generated almost half a billion new USDT tokens in the past two days according to whale alert as observed by news outlet Cointelegraph.The new Tether batch coincided with major cryptocurrency events, whereby American payment giant PayPal Holdings Inc (NASDAQ: PYPL) entered the crypto sphere triggering Bitcoin and most altcoins to rally. According to Whale alert,...
Read More »HODLers: Most Crypto Investors Hold Majority In Bitcoin Over Altcoins, Survey Finds
As Bitcoin price recorded a new yearly high, most of the participants in a recent survey shared that they hold the majority of their holdings in Bitcoin rather than altcoins. Bitcoin traders are basking in profit as October turns out to be a good month for BTC. 46% Of People Allocate More Than 50% To BTC Crypto commentator and analyst Josh Rager took to Twitter to ask crypto users how much of their portfolio is allocated to Bitcoin. Voters had to choose from one of four...
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