South Korea is getting an addition to its crypto hub. The country is unveiling new digital ATMs that will allow people to exchange won – the country’s national fiat – for Litecoin (LTC), the sixth-largest cryptocurrency by market cap.Litecoin Is Getting a Nice BoostSouth Korea, at one point, was one of the largest crypto havens across the globe. It accounted for roughly one-quarter (25 percent) of the world’s cryptocurrency transactions. However, the nation has since taken on a very strict...
Read More »Libra Is Taking on New Form as a Payment Network
Are we about to see some major changes coming to Libra?Libra Is Taking On a Whole New FormThe words “changes coming” probably aren’t entirely accurate, as Libra has not been released to the public just yet, though up to this point, the currency has widely been suggested as a single asset rather than a string of combined ones making up a payment network. This is the form that Libra executives now say the project will take on.Libra was originally going to be a stable currency supported by...
Read More »Elon Musk: Dogecoin Is “The Best Coin”
Elon Musk is at it again and potentially trying to yank the chains of every cryptocurrency holder out there – especially those possessing Dogecoin.Elon Musk Is At It AgainIn a recent series of tweets, Musk expressed his enthusiasm over the prank currency, stating that, “dogs rock” and “they have the best coin.” Clearly, he sees something in Dogecoin that many others do not, but is he being serious?This isn’t the first time Elon Musk has potentially tied himself to the world’s “funniest”...
Read More »Brief Guide on Making Money with Crypto Lending
It is likely that non-custodial lending platforms including the likes of Lendroid, Aave and Compound will continue to rise to prominence as they are well protected against hacks, thefts and even black swan events.Although many cryptocurrency owners turn to trading in order to profit on their investment, this is far from the only way to make money with cryptocurrencies.Instead, an increasing number of people are turning to safer, less technical ways to gain a positive yield from their...
Read More »EY with Microsoft and ConsenSys Launch Baseline Protocol on Ethereum Blockchain
EY with Microsoft and ConsenSys announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain.The global leader in assurance, tax, transaction and advisory services EY yesterday announced the launch of the Baseline protocol. This is the name for the new EY package of public domain blockchain tools that enables enterprises to construct and redistribute obtainment and other...
Read More »South Korea Ready for Adoption: Parliament Enacts Crypto Regulations
South Korean regulators have taken a decision that it is better to introduce important changes within the crypto industry rather than just put a major ban on it.The Indian government has recently made a move to crypto legalization. Ukraine, Canada, Belarus, the EU, and some other regions are joining the government-backed stablecoin fuzz. While looking at the situation, South Korea has recently legalized crypto, with a major Amendment.The Amendment will substantially change some parts of the...
Read More »John McAfee on Steem-Tron Controversy: Communities Cannot Be Purchased, Justin Sun Is Collecting Water With A Sieve
The situation between TRON and Steem continues to raise controversy in the cryptocurrency community. The famous crypto proponent John McAfee recently shared his opinion on the matter, saying that Justin Sun is trying “to collect water with a sieve.”McAfee: Communities Cannot Be PurchasedThe former anti-virus software tycoon, John McAfee, has been a regular commentator on the cryptocurrency space. Previously, he went from a Bitcoin proponent who made a bold prediction that its price will reach...
Read More »Ripple’s XRP Approaches Major Inflection Point as India Reverses Its Crypto Ban
All technical indicators convinced commentators that Ripple’s XRP has taken on a bullish path after the Supreme Court of India reversed a bitcoin ban imposed by Reserve Bank of the country.Currently, Ripple‘s XRP is following a bullish path that has formed above the $0.2320 support zone. It attempted to break the $0.2380 resistance level, but it failed. For now, the XRP price has corrected lower below the $0.2350 handle and the 100-hourly simple moving average (SMA). A low has now formed near...
Read More »Libra Wallet wird auch Fiat-Währungen speichern können
Eigentlich war Facebooks Cryptocoin Libra für Anfang 2020 geplant. Doch nachdem Zentralbanken mehrerer Länder ihre Bedenken geäußert hatten, sah es schlecht aus, für eine Zulassung. Facebook überdachte sein Konzept und hat nun neue Informationen – vor allem zur Wallet Calibra – veröffentlicht.Crypto News: Libra Wallet wird auch Fiat-Währungen speichern könnenDer Libra ist weiterhin in der Mache. Er wird als Stablecoin auf den Markt kommen, jedoch nun noch enger mit Fiat-Währungen verknüpft...
Read More »Litecoin (LTC) Price Analysis: Trading Near Key Make-or-Break Levels
Litecoin price declined below the $60.00 level before it found support near $56.00 against the US Dollar.LTC price is currently correcting higher above $60.00, but it is facing a lot of hurdles.There is a major declining channel is forming with resistance near $61.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either rally towards the $68.00 level or it might restart its decline below $58.00.Litecoin price is trading near a major breakout zone against the...
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