ADA price is currently recovering from the $0.0184 yearly low against the US Dollar.The price is trading above the $0.0200 and $0.0240 resistance levels.There was a break above a key bearish trend line with resistance near $0.0255 on the 4-hours chart (data feed via Kraken).The price could correct further higher in the short term, but it is likely to face hurdles near $0.0300.Cardano price is currently staging a decent upside correction against the US Dollar and bitcoin. However, ADA price is...
Read More »WazirX Price Analysis: WRX Facing Critical Resistance At $0.1 But Can It Break Through?
After a 25% daily surge, WazirX continued to struggle under key resistance across trading pairsWazirX is looking for a strong rebound level to keep the buyers in action.Despite the latest bullish price actions, the WRX market still favors the short-term bearsWRX/USD: WazirX Suspends Bearish For SidewaysKey Resistance Levels: $0.1, $0.15Key Support Levels: $0.063, $0.053WRX/USD. Source: TradingViewFollowing the recent global market crisis, we saw how most of the altcoins fell to a new low,...
Read More »Is 2020 the Year for Ethereum?
At the beginning of 2019 around $1.92 million of ETH was locked into DeFi, by the end of the year, this had risen to almost $3 million in Ethereum.Launched in 2015, the cryptocurrency Ethereum (ETH) is the go-to digital currency for smart contracts. While cryptocurrencies such as Bitcoin are used to transfer currency from one person to another, Ethereum can be described as highly programmable digital transactions that take place when certain conditions are met.It has a current circulating...
Read More »Coinbase Card and Google Pay Joining Forces to Increase Cryptocurrency Liquidity
Coinbase Card, Google Pay are uniting as one to increase the liquidity of cryptocurrencies and offer a new set of convenient payment options to customers. Coinbase users will have the chance to use their cards in many more jurisdictions.Per the official Coinbase blog, users of Android devices can connect their Coinbase Card to Google service now. The Visa-based debit card receives payments from cryptocurrency origin and spends fiat. Google allows Coinbase to become the first exchange in the...
Read More »Binance and WazirX to Donate Up to $50 Million to Blockchain Startups in India
Famous exchange Binance partners with Indian exchange startup WazirX to write code with talented Indians. The alliance gives from $100,000 to $5 million per startup.A huge capital of $50 million is prepared for the smart and talented Indians who wish to bring new code into the industry. Lazy coders devastate many ICO projects, as well as mainstream coins. A cooperative called ‘Blockchain for India’, formed by Binance and WazirX is called to fix the situation. There are hundreds of blockchain...
Read More »Decentralized Token Registry for Obyte
Der nächste Schritt im Obyte Projekt wird nun angegangen. Nachdem die Autonomous Agents zuletzt im Mainnet aktiviert wurden, soll jetzt ein sogenanntes Decentralized Token Registry kreiert werden. Ziel ist es, ein faires, schnelles, skalierbares und dezentrales Register für die Token zu erstellen.Crypto News: Decentralized Token Registry for ObyteEines der größten Probleme des aktuellen Systems ist, dass ein „First come, first served“ Ablauf umgesetzt wurde, der dazu führt, dass sich schnelle...
Read More »Tron (TRX) Price Analysis: Bears Are Likely To Protect $0.012
Tron price declined heavily below the $0.0135 and $0.0100 support levels against the US Dollar.TRX price traded as low as $0.0070 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0110 on the 4-hours chart (data feed via Bitfinex).The price is likely to face a strong selling interest near $0.0110 and $0.0120 in the near term.TRON price is trading in a bearish zone below key supports against the US Dollar, similar to bitcoin. TRX price is...
Read More »Ethereum Price Analysis: ETH Remains A Sell Below $150
Ethereum price extended its decline below the $150 and $120 support levels against the US Dollar.ETH price traded as low as $89 and it is currently correcting higher.There is a key declining channel forming with resistance near $125 on the 4-hours chart (data feed from Coinbase).The price could correct higher, but it is likely to face a lot of hurdles near $145 and $150.Ethereum price is back in a strong downtrend below $150 against the US Dollar. ETH/USD remains at a risk of more losses...
Read More »Brad Garlinghouse: Ripple Must Outsize Amazon
Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...
Read More »Coin Lock Opens for Business in Cayman Islands
A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...
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