Altcoins

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...

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exchange has admitted its involvement in taking part in the recent reversal of Steemit’s blockchain soft fork and has withdrawn the vote.At the same time, Changpeng Zhao, the CEO of Binance exchange, also said that his company has undone the vote and wants to remain neutral.Huobi Admits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...

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...

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...

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,...

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...

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...

Die Steem-Community wurde diese Woche überrascht. Es sieht so aus, als hätten Cryptobörsen ihre Token genutzt, um den Konsensus-Algorithmus von Steem zu restrukturieren. Erst letzten Monat hatte Justin Sun, CEO von Tron, die mit Steem verbundene Platform Steemit übernommen. Es wird vermutet, dass Sun selbst hinter der Übernahme von Steem steckt.Crypto News: Steem und Steemit sind downDas Netzwerk ist down. Die Community versucht damit den Einfluss zu reduzieren, den die Übernahme durch die...

The UAE-based National Bank of Fujairah PJSC (NBF) said that it will use the RippleNet platform for facilitating instant payment and settlement solutions to its customers. The NBF bank has also partnered with India’s IndusInd Bank to use this facility for its Indian customers.In the latest development, blockchain startup Ripple has inked a new partnership with the UAE-based National Bank of Fujairah PJSC (NBF). The announcement reads that the partnership aims to use Ripple’s RippleNet...

Tron price declined heavily below $0.0200 and $0.0180 against the US Dollar.TRX price traded as low as $0.0156 and it is currently correcting above $0.0170.There is a major bearish trend line forming with resistance near $0.0185 on the 4-hours chart (data feed via Bitfinex).The price struggle to clear the $0.0185 and $0.0190 resistance levels in the near term.TRON price is recovering, but it is facing many hurdles against the US Dollar, similar to bitcoin. TRX price must settle above $0.0190...