Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...
Read More »Ripple Price Analysis: XRP Could Surge If It Breaks The $0.21 Barrier
Ripple price reversed losses and moved above the $0.1950 pivot zone against the US dollar.The price is now trading in a positive zone above the $0.2000 support level.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either surge above the $0.2100 resistance or decline again towards $0.1880.Ripple price is currently approaching a major hurdle near $0.2100 against the US Dollar. XRP price...
Read More »Stably Gets $1 Million to Bring Its New Stable Coin to Market
Stable currencies are becoming all the rage in the cryptocurrency space, and Seattle-based startup Stably – which specializes in making stable coins mainstream – is moving ahead of the game with an additional $1 million in funding.Stably Is Making Headway in the Crypto SpaceStable currencies are designed to be less volatile than other forms of crypto. Typically, they are tied to fiat currencies such as the U.S. dollar, the yen, the yuan, and the euro. This allows them to move at a more normal...
Read More »J.K. Rowling Asks for Help with Bitcoin
It’s funny that someone who’s so rich wouldn’t know anything about bitcoin or cryptocurrency, but that seems to be the case for bestselling author J.K. Rowling, who’s won multiple awards and garnered worldwide fame for her Harry Potter book series.J.K. Rowling Doesn’t Understand BitcoinRowling has a net worth of approximately $1 billion, which means she’s a wealthy person. The author has sold more than 500 million books across the world, primarily from her Harry Potter series. These books...
Read More »Libra Adds Temasek to Its Association
The Libra Association has added another member to its long list of governing firms. This time, the addition comes in the form of Temasek Holdings Pvt. Ld. In Singapore. The company is a state-owned investment firm and will assist in all future decision-making when it comes to Facebook’s official currency.Libra Sees Temasek Join UpIn a statement, the Association explains:Temasek, a global investment company headquartered in Singapore, brings a differentiated position as an Asia-focused...
Read More »Reddit Introduces Two New ETH Currencies
Popular social media platform Reddit is releasing two new Ethereum-based tokens. These currencies will be granted to Reddit users who create appropriate or stellar content.Reddit Is Working in the Crypto SpaceThe tokens will be known as $MOONS and $BRICKS. They’ll be issued to the subreddits of both “Fortnite” and cryptocurrency, respectively. They are part of a new “Community Points” program in which users are ultimately rewarded for posting material.A Reddit spokesperson explains:We...
Read More »Move Over BTC, Tezos Is Gaining Serious Traction
Bitcoin may be at the center of crypto enthusiasts’ attention as of late due to the recent halving, but it’s not the only coin that’s on a bull run. Tezos (XTZ) – the tenth largest cryptocurrency by market cap – has lots of fans going crazy about where it will go, as it has already risen by more than 80% since the beginning of the year.Tezos Is Getting a Solid ReputationAt the time of writing, Tezos is trading for just over $2.50. That’s about 85 percent higher than where it stood during the...
Read More »Der nächste Obyte Witness kommt aus Asien
Die 6. Abstimmung ist vorbei. Der neueste Obyte Witness (Order Provider) wurde von der Community bestimmt. Letztlich wurde es CryptoShare Studio. Der Bewerber ist damit der erste asiatische Witness für das Obyte Projekt.Crypto News: Der nächste Obyte Witness kommt aus AsienNach Bind Creative, PolloPollo, Bosch Connectory aus Stuttgart, Fabien Marino und Rogier Eijkelhof ist CryptoShare Studio der sechste Witness, der zum Projekt stößt – bei Obyte werden diese Rollen über eine sogenannte Order...
Read More »DigiByte Founder Steps Down Due to Greed and Pillaging of Crypto Space
Jared Tate, the Founder of DigiByte (DGB), announced that he will be stepping aside from day-to-day operations due to the “Greed…and rampant pillaging” of the cryptocurrency industry.Tate announced his departure from the front-end of the crypto space on his Twitter page on May 15. After eight years in the industry, he had this to say about his experiences:“Along the way I have learned some very humbling lessons. #1 of which is greed is the fundamental driving force in crypto & people’s...
Read More »Telegram Loses Legal Crypto Battle with SEC
Telegram has ended its dealings in cryptocurrency. An encrypted messaging service, Telegram initially announced a token sale of its new “GRAM” token, which garnered the company more than $1 billion in additional funds, but thanks to a longwinded fight with the Securities and Exchange Commission (SEC), it looks like the GRAM is never going to get off the ground.The Battle Is Lost for TelegramThe GRAM token was supposed to work in cahoots with the company’s new TON blockchain. Customers of the...
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