The new tzBTC token from the Tezos Foundation and the Bitcoin Association Switzerland is promised to bring more access to both networks.A few firms including the Bitcoin Association Switzerland (BAS) and the Tezos Foundation have announced that a new token will be launched soon. The new token is called tzBTC, and is backed 1:1 to Bitcoin, on the Tezos blockchain.The partners have also said that tzBTC will be the first vehicle for decentralized finance (DeFi) on the Tezos blockchain.Speaking...
Read More »Exclusive from CoinMarketCap’s Senior Leadership: From Passion Project to Partnership With Binance
Check out an exclusive interview with CoinMarketCap’s senior leadership about the philosophy behind the project, its history and the acquisition by Binance.When talking about the platforms that are tracking cryptocurrencies movement, first that comes at one’s mind is definitely CoinMarketCap. A platform created to track the capitalization of different cryptocurrencies, the amount of trades that use them and the current price converted into fiat currencies updates the information every five...
Read More »Ethereum (ETH) Price Fell by around 1.5% but May Rise Soon as ETH 2.0 Upgrade Gets Closer
Though Ethereum price is falling now, many traders think that a massive rally is underway as ETH 2.0 upgrade is getting closer.Ethereum (ETH) price has fallen by 1.27% in the past 24 hours. This comes as the new upgrade to Eth 2.0 is just around the corner. Current price levels at $168.63 have made everyone believe that Ethereum holds promise and may do even better in the markets this year. The first fundamental thing to change for Ethereum this year would be the shift to proof-of-stake...
Read More »Crypto Price Analysis April 8: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies continue their slight growth and bulls have a lot of difficulties with conquering every level. It would seem that a long-awaited aggressive growth is...
Read More »Cardano (ADA) Price Analysis: Next Bullish Target Could Be $0.04
ADA price is currently gaining momentum and it is trading above the $0.0350 resistance against the US Dollar.A clear break above the $0.0370 resistance is needed for more gains.There is a key bullish trend line forming with support near $0.0340 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0400 resistance as long as it is above $0.0320.Cardano price is trading in a solid uptrend above $0.0320 against the US Dollar, similar to bitcoin. ADA...
Read More »Bitcoin Surges as Number of COVID-19 Cases Abroad Drop
Bitcoin has once again shot past the $7,000 mark. At the time of writing, the world’s top cryptocurrency by market cap has surged more than $300 and is now trading for approximately $7,150. Just yesterday, the asset was selling for about $6,800.Bitcoin Is Once Again On TopBitcoin has been through the mill these last few weeks, dropping from about $10,350 in mid-February to roughly $3,800 in March. The currency has clearly recovered somewhat since then, but there’s still about $3,000 to go if...
Read More »Ripple-Compatible Chip Development Is Said to Be Sponsored by U.S. Navy
Ripple and XRP are in the spotlight once again after the news that the U.S. Navy is hiring a firm to create implantable microchips that would be compatible with Ripple’s blockchain.It was a huge breakthrough for Ripple and the XRP community after the company’s blockchain won a big boost from the U.S. Navy. In an interview, the president of Solari Inc., Catherine Austin Fitts, said a year ago the U.S. Navy had hired a Danish tech company to develop an implantable microchip and make it...
Read More »Bottom Found? Wall Street And Cryptocurrencies Are Soaring In Green
Markets across the board are marking tremendous increases since the beginning of the week. The largest indexes are charting notable gains despite the continuously spreading coronavirus as well as other concerns such as the escalating number of job loss claims in the US.The cryptocurrency market follows as absolutely every coin in the top 20 is trading in the green today. Some are even up double-digits.Wall Street RejoiceThis week has been very impressive for Wall Street, to say the least. At...
Read More »XRP Price Hits $0.20 as Over 200M Coins Transferred Anonymously
XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.As every crypto coin has begun to gain momentum and is rising now, XRP price is also rising. The coin is trading at $0.20 at the time of writing. It means that the coin has gained 7.78% within 24 hours.The crypto has broken above the overhead resistance at $0.18867. If the bulls can sustain...
Read More »Ethereum Price Jumps 14% to Move above $175
Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...
Read More »