The price of XRP has been impressive this year. However, some fear is setting in as large transactions are recorded on the XRP Ledger.Members of the XRP and Ripple community are optimistic that 2020 will be a much better year for the asset than 2019 was. Last year, XRP did not sail very smoothly and compared to other assets atop the list of the market’s largest players, it was disappointing. However, if the first two months of the year are significantly considered, XRP might have an...
Read More »Kraken Exchange Adds TRON (TRX) Pairs, Trading Starting Tomorrow
Starting tomorrow, March 5th, the popular U.S. cryptocurrency exchange Kraken will be adding Tron’s native currency – TRX. The platform will initially provide four trading pairs, and trading will begin shortly after enabling deposits and withdrawals.Kraken Adds TRXThe U.S.-based cryptocurrency exchange announced the news earlier today. At approximately 14:30 UTC on March 5th, Kraken will facilitate deposits and withdrawals for TRX.Users will have the option to trade it shortly after on four...
Read More »Crypto Price Analysis March 4: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP 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.Unfortunately, the crypto market still fails to return to the phase of good growth. The assets are currently testing important support levels, and we can soon see a...
Read More »Facebook to Develop Several Fiat-Pegged Digital Currencies in Addition to Libra
Facebook has changed plans for crypto and has decided to develop and issue multiple digital fiat-pegged assets in addition to Libra.Facebook Inc (NASDAQ: FB) has had a rough time with regulatory authorities and the U.S. government since it announced plans for a digital currency. When Facebook unveiled plans for the Libra, it probably did not expect the amount of backlash it got in response. Many institutions were worried about the power the Facebook company has and how it could affect how...
Read More »The STEEM Network’s Takeover by TRON: Huobi Admits Controversial Involvement
Huobi exchange has admitted its involvement in taking part in the recent reversal of Steemit’s blockchain soft fork and has withdrawn the vote.At the same time, Changpeng Zhao, the CEO of Binance exchange, also said that his company has undone the vote and wants to remain neutral.Huobi Admits Controversial InvolvementAs Cryptopotato reported yesterday, TRON and Steemit attempted to reverse a soft fork on the blockchain, which intended to reduce their ability to sway governance decisions. To...
Read More »Supreme Court of India Allows Trading in Crypto, Lifts RBI’s 2018 Ban
After a two-year crypto ban imposed by the Reserve bank of India, the Supreme Court has decided to allow cryptocurrency trading.The crypto ban has been reversed in India. Sources have reported that the Indian Supreme Court decided to overturn the two-year-old ban. Many within the crypto space have been jubilating concerning the given judgment. The verdict has been seen by many as a gamechanger for cryptocurrencies in India and Asia. The Reserve Bank of India (RBI) had previously banned crypto...
Read More »Cardano (ADA) Price Analysis: Upsides Remain Capped Near $0.052
ADA price started a major decline and traded below the $0.0520 support against the US Dollar.The price traded as low as $0.0450 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0515 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it fails to recover above the $0.0515 and $0.0520 resistance levels.Cardano price is facing an increase in selling pressure against the US Dollar and bitcoin. ADA price must...
Read More »Tesla and SpaceX CEO Elon Musk Claims Dogecoin Is Cool, Price Goes Up
Elon Musk has been trolling the crypto community many times already. Now he says that Dogecoin is the best cryptocurrency.Elon Musk has been tweeting about different cryptocurrencies for several years so far, mentioning Ethereum and Litecoin. Other coins are not the ones he like, but to make it without clear judgment, he seems like love Dogecoin. One was invented just for fun, the developers didn’t think that the community will make the coin grow. Not only the community supported the network,...
Read More »Australia Receives “Test” Version of Libra
The Reserve Bank of Australia (RBA) says its ready to do all it can to regulate Libra and any other new “payment technologies” that make their way through the country’s borders.A Test Version of Libra Is Made AvailableAustralia has been particularly hard towards Libra in the past, citing trust issues and even hinting that the platform was going to face hardcore scrutiny due to a largely unwelcoming attitude. This latest statement suggests that Australia may be giving into the idea that Libra...
Read More »Ethereum Price Bounces Back to $230 while Fundamental Metrics Continue to Increase
Ethereum price goes up as bulls seem like waiting for major bullish action. The developers are teasing the community with ‘big code update’ and prepare several possible upgrades, both controversial and useful.Since the lows of Q4 2019, Ehtereum price and network has gained significant steam. The hash rate, transactions per day, and the number of active addresses all rising. The network currently consists of around 7,100 public nodes. During the last 24 hours, ETH shows $3,71 billion of the...
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