Is cryptocurrency becoming far more mainstream and legitimate than we all realize? According to a new report, it just might be.Cryptocurrency Is Growing, According to Hedge Fund ManagersCryptocurrency is small when compared to the world of fiat, but it sure doesn’t have to stay that way, and according to a new report, more investors are flocking to crypto than ever before. In fact, hedge fund asset managers claim that in 2019, more people invested in digital currencies than ever before. At...
Read More »Pavel Durov Rings in on Telegram Crypto Defeat
Pavel Durov – co-founder of encrypted messaging service Telegram – isn’t taking his latest defeat sitting down. The Securities and Exchange Commission (SEC) has recently brought the company’s TON blockchain program to a crashing halt, and Durov is frustrated about the situation.What Does the Defeat of Telegram Mean for the Future?In a recent interview, Durov explained that the news is bad for other countries in that while they can elect their officials, they are still very dependent on the...
Read More »Japanese ATMs Will Soon Start Offering Ripple
Japanese ATMs are about to start offering Ripple (XRP) – the third largest cryptocurrency by market cap – to customers through help from SBI Holdings.Ripple Gets a Big Boost in JapanThe company is a partner and investor in Ripple. Executives recently issued a statement saying that they will initiate Money Tap – Ripple’s settlement solution – through ATM machines operated by central banks in Japan. This, they say, will give customers more opportunities to spend and utilize cryptocurrency no...
Read More »Binance Coin Price Analysis: BNB Facing $17 Resistance But Shows Weakness Against Bitcoin
Following a quick bounce from $13.6, BNB is now facing a crucial resistance at $17.3.The price is currently in the middle of consolidation, deciding the next major direction.Binance Coin is looking for more gains after dropping below long-term support at 0.0018 BTC level.BNB/USD: BNB Building Up For A Big MoveKey Resistance Levels: $17.3, 18.26, $19.1Key Support Levels: $15, $13.6, $12BNB/USD. Source: TradingViewBinance Coin and some major altcoins have seen a lot of build-ups (consolidation...
Read More »XRP bleibt im Bärenmarkt
Ripples XRP scheint sich einfach nicht erholen zu können. Der Gesamtmarkt ist mittlerweile wieder auf dem Niveau vor Beginn der Coronakrise, doch der XRP konnte nur wenig davon profitieren. Im Vergleich zum Jahreshöchststand im Februar hat der Kurs inzwischen schon wieder etwa 40 Prozent verloren.Crypto News: XRP bleibt im BärenmarktSeit dem Höchststand aus der Rallye Anfang 2018 wurde der Wert des XRP pulverisiert. Von einstmals mehr als $3 sind nur noch $0,20 übrig. Damit ist Ripples...
Read More »Tron (TRX) Price Analysis: Trading Near Make-or-Break Levels
Tron price is facing a major resistance near the $0.0155 level against the US Dollar.TRX price could start a strong increase if there is a clear break above the $0.0155 barrier.There is a key contracting triangle forming with resistance near $0.0155 on the 4-hours chart (data feed via Bitfinex).The price also dive significantly if it fails to stay above the $0.0148 support zone.TRON price is showing positive signs against the US Dollar, similar to bitcoin. However, TRX price must gain pace...
Read More »Ethereum Price Analysis: ETH Struggling Below $220, But Uptrend Intact
Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...
Read More »Crypto-Mining Malware May Have Affected Supercomputers
Several supercomputers in European nations have been shut down following reports that they’ve been infected with cryptocurrency mining malware. Thus far, devices in countries such as the United Kingdom, Switzerland and Germany have all been affected and taken offline at the time of writing.Mining Malware Shuts Down SupercomputersThere is now an ongoing investigation into where the malware came from and which parties are potentially responsible for uploading it onto the computers. The malware...
Read More »Andreessen Horowitz Says Fourth Bitcoin Bull Cycle Is to Come
Andreessen Horowitz has identified consistent trends in Bitcoin epochs. The fourth bull crypto cycle is expected to come.American venture capital firm Andreessen Horowitz decided to monitor four key metrics for three cycles of Bitcoin and altcoins showing a consistent rise.One of their realizations is that the fast growth of social media, developers, prices, and startups among cryptocurrencies could mean that a crypto cycle is supportive to traders in the future.The company released a report...
Read More »Stellar Lumen (XLM) Price Signaling Bullish Continuation To $0.08
Stellar lumen price found support near $0.0600 and started a fresh increase against the US Dollar.XLM price is now trading nicely above the $0.0650 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0682 on the 4-hours chart (data feed via Kraken).The pair is likely to continue higher towards the $0.0760 and $0.0800 resistance levels.Stellar lumen price is currently gaining bullish momentum against the US Dollar,...
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