A lawsuit centered around bitcoin cash (BCH) – the big brother of bitcoin SV (BSV) and the spawn of bitcoin (BTC) – is likely to be stopped in its tracks.Was Bitcoin Cash Manipulated?Telecom company United America Corp is claiming that Roger Ver and a network of Chinese miners may have rigged the 2018 bitcoin cash hard fork to go their way. The hard fork, as we know, resulted in the new and highly controversial coin bitcoin SV, which Ver and creator of the latter coin Craig Wright have butted...
Read More »Decred Is Experiencing Heightened Popularity in African Countries
Decred – which is described on its website as an “autonomous digital currency” – is suddenly gaining heavy momentum in Africa.Decred Seeks to Give Africa Its Power BackThe continent of Africa has become something of a major bitcoin and cryptocurrency haven over the past few years. Recently, Twitter and Square CEO Jack Dorsey stated that he would be living abroad in Africa from anywhere between three and six months in the year 2020 to potentially drive bitcoin adoption within the continent’s...
Read More »Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital Yuan
Japanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system.Led by the head of the Banking and Finance Systems Research Commission at the JLD party Kozo Yakamoto, Japanese lawmakers are pushing for the country to digitize their systems by adopting CBDC. According to Yakamoto, the country should be in the line of creating a Yen Central Bank Digital Currency in the next...
Read More »Will Cryptocurrencies Catch Second Wind?
Though now it is not the best time even for major cryptocurrencies like Bitcoin and Ethereum, we still can believe that cryptos will have a chance to catch the public’s eye sooner rather than later.Around the world, major cryptocurrencies are seldom seen in major headlines anymore. While tech-savvy individuals and crypto-investors are obviously paying close attention to the current valuation of leading tokens like Ethereum or Bitcoin, many people have tuned out of crypto-related news. There...
Read More »Ethereum Price May Reach $360 as Ethereum 2.0 Launch Is Getting Closer
The launch of Ethereum 2.0 is expected to happen just in a few months. Experts believe that Ethereum price may reach $360.The world’s second-largest cryptocurrency Ethereum is set to witness a further 60% rally after breaking a key resistance that saw it leap from yearly lows of $120 to highs of just under $230. ETH has been one of the top-performing cryptos since the turn of the year and it is expected to maintain and continue its steady rise, reports revealed on February 9, 2020.At the...
Read More »Ripple’s XRP Price Can Reach $0.60 in the Near Future as XRP’s Popularity is Growing
Ripple’s XRP price is showing all the signs of reaching $0.60 in the near future, as it is supported by different technical and fundamental aspects.Ripple’s XRP price can hit $ 0.60 in the near future possibly months if it breaks the current strong resistant level at $0.285. This is a huge relief in the larger XRPL community who have seen the coin depreciate in the last year with a sharp downtrend, leaving it trading below a dollar.Having traded at its lows since late 2018, XRP could enjoy a...
Read More »Stellar Lumen (XLM) Price Eyeing Surge To $0.08 and $0.09
Stellar lumen price is trading nicely in an uptrend above $0.0700 against the US Dollar.XLM price traded as high as $0.0738 and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0704 on the 4-hours chart (data feed via Kraken).The pair remains in an uptrend and it could continue to rise above the $0.0750 level.Stellar lumen price is showing positive signs above $0.0700 against the US Dollar, similar to bitcoin. XLM is likely to surpass $0.0750 for...
Read More »Ripple Price Analysis: XRP Remains In Strong Uptrend Above $0.27
Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...
Read More »Ajay Banga: Too Many Red Flags with Libra
Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed.Why Is Libra Losing So Much Support?Many banks, regulators and members of the public have scoffed at the idea that Facebook – the parent company behind Libra – would seek to enter the financial fray. With so much scandal under its belt in the past two years alone, one wonders how such a venture could even exist, and that a company like Facebook would even dare to...
Read More »Bitcoin Price Hits 10,000 Level, Overall Market in Green Zone
Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...
Read More »