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Crypto Research Report Says Bitcoin Price Could Reach $400,000 by 2030

Currently, Bitcoin is trading at $9,107.86. The prognosis by Crypto Research Report implies a price increase of more than 3,500% for BTC by 2030. Crypto Research Report, a company that focuses on crypto-assets studies, has released its June 2020 edition. There, Crypto Research Report shared its vision of valuation of major altcoins, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Stellar (XLM).And the prognosis the analysts give for crypto prices are dazzling....

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Bitcoin Continues to Fight for $9,000 As Altcoins Recover Slightly

This weekend was rather exciting for Bitcoin’s price as it finally made a decision and broke out of a rather tight trading range. Unfortunately, it was to the downside, and BTC touched $8,816 on Binance Futures yesterday.Most of the large-cap cryptocurrencies followed Bitcoin but are now recovering while BTC continues to fight for the important $9,000 level.Bitcoin Price Around $9,000: The Fight ContinuesAfter plunging to about $8,816 on Sunday, Bitcoin’s price rebounded and reached as high...

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Stellar Lumen (XLM) Price Recovery Could Fail Near $0.066 And $0.068

Stellar lumen price declined sharply after it failed to clear the $0.0720 resistance against the US Dollar.XLM price tested the $0.0500 support level and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0650 on the 4-hours chart (data feed via Kraken).The pair is likely to resume its decline if it fails to clear the $0.0660 and $0.0680 resistance levels.Stellar lumen price is currently recovering from the $0.0500...

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Ripple Price Analysis: XRP Turns Bearish Unless It Clears $0.185

Ripple price started a fresh decline after it failed near the $0.2000 resistance against the US dollar.The price is now trading well below the $0.1850 level and the 55 simple moving average (4-hours).There is a significant bearish trend line forming with resistance near $0.1820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to face a strong selling interest near the $0.1820 and $0.1850 levels.Ripple price is currently correcting higher above $0.1750...

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Rowland Andrade: The Government Is Trying to Steal My Crypto Design

Yesterday, Live Bitcoin News reported that Jack Abramoff – a notorious lobbyist – had pled guilty to fraud and now faces potential jail time following charges from the Securities and Exchange Commission (SEC). Now, it appears Abramoff’s alleged partner in crime – Rowland Marcus Andrade – is the subject of a potential extortion campaign. At least that’s what he’s claiming.Andrade: I’m the Victim, HereBoth Andrade and Abramoff were potentially involved in a phony initial coin offering (ICO) for...

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Jack Abramoff Pleads Guilty to Promoting Fraudulent Crypto

Crypto fraud has always been a big part of the industry. Many fans hate to admit that, and today marks a new case as Jack Abramoff – a Washington insider who ultimately served time in prison for his role in a lobbying scandal – has been charged with lobbying for a phony digital currency project.Abramoff Could Face Prison TimeAbramoff has agreed to plead guilty to both violating the Lobbying Disclosure Act and to conspiracy. He could spend as many as five years in jail once the conviction is...

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Obytes DAG im Vergleich zur Blockchain

Was Obyte so besonders macht? Im Gegensatz zu den meisten anderen Altcoins setzt Obyte nicht auf eine klassische Blockchain, sondern auf ein DAG. Der sogenannte Directed Acyclic Graph ist zwar nicht unbedingt neu, macht Obyte dennoch zu einem speziellen Cryptocoin, der viele Probleme der Blockchain-Scalability lösen könnte.Crypto News: Obytes DAG im Vergleich zur BlockchainObyte hat in seinem offiziellen Blog eine detaillierte Zusammenstellung veröffentlicht, welche die Blockchain und das DAG...

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COVID-19 Highlights the Need For Central Bank Digital Currency, BIS Reports

In its latest report, the Bank of International Settlements doubled-down on its narrative that the COVID-19 pandemic has exemplified the need for central banks to accelerate the development of central bank digital currencies (CBDCs).BIS outlined the ongoing payment digitalization phase and predicted that whoever launches such currency first will ultimately prevail.BIS: Payment Digitalization Comes FastThe report noted that the financial sector is currently in a significant transitioning stage...

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Bitcoin Cash Analysis: $225 Support Holds The Key In Near-Term

Bitcoin cash price started a fresh decline from the $245 resistance against the US Dollar.The price broke the $235 support and revisited the $225 support zone.There is a major bearish trend line forming with resistance near $241 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if there is a daily close below the $225 support.Bitcoin cash price is trading in a bearish zone and testing the $225 support against the US Dollar. BCH/USD...

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Report: Jobless Claims in the U.S. Have Led to a Love of Bitcoin

The record unemployment experienced in the United States has brought about a whole new appreciation and love for bitcoin and its altcoin cousins, new research shows.No Job? Bitcoin Can HelpThe U.S. has witnessed millions of people losing their jobs and filing for unemployment in the wake of the coronavirus pandemic, with weekly filings growing by millions of people at a time. Businesses have had to shut down unexpectedly as President Donald Trump issued a national emergency in late March and...

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