The cryptocurrency index and beta fund provider, BitWise, recently published a report regarding how financial advisors look at digital assets. Partnering with numerous information sources on the matter, the company concludes that cryptocurrencies are becoming more attractive to advisors and their clients.Increased Interest For CryptocurrenciesBitWise and ETF Trends conducted the report by questioning 415 U.S.-based financial advisors. The paper seeks to understand how they and their clients...
Read More »Steemit Joining TRON Ecosystem
Place/Date: Singapore - February 14th, 2020 at 5:28 pm UTC · 3 min read Contact: TRON, Source: TRON Photo: TRON Foundation / MediumTRON and Steemit’s development teams will immediately begin working together to bring Steemit and other Steem blockchain based DApps to TRON blockchain and its community of over 20 million users, products, and services.TRON is one of the largest decentralized ecosystems, providing fast network speed, high throughput stability, and scalability. This partnership...
Read More »Bitcoin Breaking $10K As The Altcoin Season 2020 Continues: The Crypto Weekly Market Update
Bitcoin’s price made yet another positive week of continuous gains. In the past seven days, BTC is up more than 4%, finally breaking above the essential technical and psychological resistance of $10,000. The price shot up to as much as $10,500 but failed to claim this level and retraced to where it currently trades at around $10,200.As it stands, Bitcoin might need some more time to regain its momentum and try again for the crucial ascending trend-line resistance. In any case, it’s important...
Read More »Crypto Price Analysis & Overview February 14th: Bitcoin, Ethereum, Ripple, Litecoin, and EOS.
BitcoinBitcoin saw a small 4.7% price increase over the past 7-days as the cryptocurrency finally managed to break above resistance at $9,815 to climb above $10,000. It has met slight resistance at around $10,430 and will need to break here to continue higher.If the bulls penetrate $10,430, higher resistance lies at $10,500 $10,707 (1.414 Fib Extension), $10,810, and $11,000. On the other hand, if the sellers push lower, support is found at $10,000 and $9,815. Beneath this, additional support...
Read More »Largest Blockchain Social Media Steemit Joining TRON’s Ecosystem
The world’s largest decentralized and blockchain-based social media, as well as a blogging platform, Steemit, announced a strategic partnership with the TRON foundation.Steemit Joining TRON EcosystemThe largest decentralized blockchain-based social media and popular blogging platform, Steemit, announced in a shared press release with Cryptopotato, a strategic partnership with the TRON foundation.The development teams of both companies will begin working together immediately to bring Steem...
Read More »Binance Is Heading Toward Global Fiat Market Seizure, 15 Fiat Currencies Added
Binance is extending partnership with Simplex to provide more fiat payment gateways and eliminate traction. The exchange seems to be aiming at global fiat to crypto payments dominance.Binance is adding more and more fiat currencies on its way to global dominance. It’s one of the major exchanges for cryptocurrency novices and pros,Israeli cryptocurrency payments startup Simpex will help the Binance exchange with the handling of fiat payments. Binance announced on Friday that users now can buy...
Read More »Making the Most out of Volatile Crypto Markets
Cryptocurrencies have one characteristic feature or a flaw, whatever you choose to call it, and that’s its volatility. The price of bitcoin and a lot of other altcoins have seen a lot of ups and downs since their inception and continues to do even today.The increased volatility of crypto assets is one of the reasons for lagging adoption rate among businesses and individuals looking for alternative payment modes. However, the same has played an important role in creating a strong, ever-growing...
Read More »Digital Dollar Could Become a Reality as U.S. Fed Seems to Be Rather Bullish on It
The U.S. policymakers believe that a digital dollar could have to preserve the primacy of their currency worldwide.The U.S. policymakers have recently been pushing the country to adopt a digital currency that is backed by the dollar. Led by the treasury secretary, Steven Mnuchin and Arkansas Republic Senator, Tom Cotton, they have been very vocal at the U.S. senate-house regarding the digital currency matter.Another important figure pushing for the same is the nominee for the Federal Reserve...
Read More »BlockFi DLT Lending Giant Gets $30 Million in Its Series B Funding Round
BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...
Read More »XRP Price Crashes on BitMEX but Quickly Recovers, BitMEX CEO Calls XRP ‘Turd’ Again
Ripple’s XRP prices experience a crash on the BitMEX derivatives exchange and but quickly recovered. BitMEX CEO Arthur Hayes has been in the recent times quoted disapproving XRP openly in the social media.Ripple’s XRP derivative, XRP /USD, experienced a quick market crash on February 13, at 14:00 UTC on the BitMEX crypto exchange. The XRP price dipped from $0.33 to $0.13 in few seconds where it immediately recovered leaving a long wick on the candlestick. As a result, the crash stop hunted...
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