Merely days ahead of the Bitcoin halving, Ukraine and Iran are taking steps into expanding mining services within their borders.Ukraine plans to utilize excess nuclear power, while the Asian country has granted a license to a Turkish company to operate up to 6,000 mining rigs in Semnan.Nuclear Power Utilized For Crypto Mining?The Ukrainian Ministry of Energy and Environmental Protection recently published a press release outlining the possibility of adopting cryptocurrency mining soon....
Read More »Altcoins Are Tumbling BTC-Wise As Bitcoin Dominance At Highest Levels Since January 2020
Bitcoin’s price has been recovering steadily since the crash in mid-March. With it, most of the altcoins are also growing, charting notable increases altogether. However, BTC is also taking over the market as its dominance has been going up continuously.Bitcoin Dominance Highest Since January 2020Bitcoin’s dominance is the index that measures the cryptocurrency’s relative share of the entire market. At the time of this writing, it stands at 66.02%, and it hasn’t been higher than this since...
Read More »Cardano (ADA) Price Analysis: Bulls Eyeing Upside Break Above $0.05
ADA price is trading nicely in a bullish zone above the $0.0450 pivot level against the US Dollar.It is now approaching a major resistance zone near the $0.0495 and $0.0500 levels.There is a major contracting triangle forming with resistance near $0.0495 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.0500 resistance or correct towards the $0.0400 support.Cardano price is currently consolidating below key resistances against the US Dollar, similar to...
Read More »Binance Praises Libra, Says It Will Revolutionize Payments
Binance – the world’s largest and most popular cryptocurrency exchange by trading volume – has issued a new report praising Libra.Libra Gets Touted by a Major ExchangeThe exchange refers to Libra as a “gamechanger” in the payments industry and believes that it could potentially bring financial services to people who would otherwise always be cut out by banks and traditional finance institutions. The report explains:It is important to note that there are very few payment systems, and most of...
Read More »Libra Association Gets New Member in Checkout.com
The Libra Association has garnered a new addition to its family in the form of Checkout.com.Libra Is Growing AgainThe company announced last Tuesday that it would step aboard the Libra Association and serve as a governing member. In the future, Checkout.com will serve as one of the Libra leaders and help the organization assert governing regulations for how the currency can be used and what it can be used on.In a statement, the company announced:The Libra project holds the promise of...
Read More »Brave Browser To Add BNB and BUSD As Part Of Its Reward System In The Future, Says CZ
Binance CEO Changpeng Zhao (CZ) and Brave Software co-founder and CEO Brendan Eich said in a live stream earlier today that the partnership between the two will continue with new developments. Both companies plan to introduce Binance Coin (BNB) and Binance USD (BUSD) as new additions to the Brave Browser Rewards system.Brave Browser To Add BNB and BUSDAs Cryptopotato reported a few months back, the leading cryptocurrency exchange announced a partnership with Brave Software. By embedding a...
Read More »Sechste Obyte Provider Poll gestartet
Und die nächste Order Provider Poll steht an, um einen weiteren Witness für das Obyte Projekt zu gewinnen. Wie immer entscheidet die Community selbst, wer es schafft. Dieses Mal gibt es gleich drei Kandidaten, darunter einen alten Bekannten und den ersten Bewerber aus Asien.Crypto News: Sechste Obyte Provider Poll gestartetRaivo Malter kennen wir bereits. Er ist ein Crypto-Veteran, der bereits seit 2018 in das Obyte Projekt involviert ist. Malter hat bereits mehrfach an der Provider Poll...
Read More »Tron (TRX) Price Analysis: Bulls Eyeing Test of The Key $0.02 Resistance
Tron price is trading in a bullish zone above the $0.0150 support against the US Dollar.TRX price is currently facing a strong resistance near the $0.0165 and $0.0166 resistance levels.There is a major bullish trend line forming with support near $0.0156 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to remain well bid above $0.0155.TRON price is trading in an uptrend above $0.0150 against the US Dollar, similar to bitcoin. TRX price could...
Read More »Ethereum Price Analysis: ETH Poised To Resume Its Uptrend Above $215
Ethereum price is trading nicely above the $198 and $200 support levels against the US Dollar.ETH price is likely to break the $214-$215 resistance region for a fresh rally.There is a major bullish trend line forming with support near $201 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well bid above the $200-$201 zone.Ethereum price is trading in an uptrend above the $200 support against the US Dollar. ETH/USD is likely to break...
Read More »Is Tether Responsible for BTC’s Sudden Jump?
Uh oh. Is Tether behind bitcoin’s latest surge?Tether Is At It AgainOver the years, rumors have swelled that Tether has been tied to bitcoin as a way of boosting its price. University of Texas finance professor John Griffin has put out reports in the past suggesting that the 2017 bitcoin burst we all witnessed was actually caused by traders using Tether – a controversial stable currency – to purchase bitcoin whenever it’s price went down.Stable coins are those supported by fiat currencies,...
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