Ripple, the third-largest cryptocurrency by market cap, has announced that it will spend most of 2020 trying to build new partnerships with banks in Brazil and South America.Ripple Wants to Build Itself Up in South AmericaThe main goal is to make remittance payment capabilities stronger within the nation’s borders. Ripple began building up its presence in Brazil in mid-2019 and has already established relationships with several leading financial institutions including Bradesco, Santander and...
Read More »Scalability, Hard Fork, General Crypto Bias Lay Constraint on Ether
Ethereum, the decentralized computing platform behind the token, has been trying to extend its network for years with a series of upgrades that may eventually transform its Proof-of-work protocol into a staking network. The improvements took longer than expected, and some analysts doubt that this difficult technical achievement can be achieved. Besides, several new entrants to the sector have put pressure on Ethereum as an increasing number of developers are moving towards newer options.The...
Read More »Litecoin (LTC) Price Analysis: Signaling Downside Extension Below $41
Litecoin price is currently declining and trading well below $44.00 against the US Dollar.LTC price is likely to continue lower below $41.00 and $40.00 in the near term.There was a break below a major bullish trend line with support near $41.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might find support near $39.50 and start a fresh recovery above $42.00.Litecoin price is struggling to rise above key hurdles against the US Dollar, similar to bitcoin. LTC...
Read More »#782 Willkommen in 2020 – Bitcoin und Krypto steht ein wildes Jahr bevor
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 782. Heute sprechen wir über folgende Themen: Willkommen in 2020, von Trump über Brexit, Halvening, McAfee und vielem mehr – Es wird ein wildes Jahr. 1.) Welcome to 2020: From Trump to Brexit, Halvening to Dickening, It’s Going to be Wildhttps://coinspice.io/news/welcome-to-2020-from-trump-to-brexit-halvening-to-dickening-its-going-to-be-wild/ 2.) BITCOIN HASH RATE NOW 7X THE SIZE IT WAS DURING 2017...
Read More »The Digital Yuan Won’t Be Used for Speculation, Says Chinese Bank Head
China’s virtual currency – the digital yuan – is set to make its official debut, and many residents and potential users aren’t happy about the way it’s structured.The Digital Yuan Isn’t for SpeculationRecently, the country issued a new law that would allow for the creation of such a coin. China had commented in the past that the digital yuan is designed to assist the nation in competing with Libra, the new cryptocurrency project being set forth by the social media conglomerate Facebook.For...
Read More »Bitcoin Opens 2020 With Untypical Stability: Tuesday’s Crypto Market Watch
Bitcoin marked the end of 2019 at around $7,150, which is a notable increase of over 90% since January 1st. Looking at the price on a smaller time frame, BTC has decreased by 1% in the last 24 hours and is currently trading at $7,190.Just yesterday, the largest cryptocurrency attempted to break the $7,400 resistance but to no avail. Part of the reason could be related to the CME price gap at around $7,300, and as it often happens, it was filled in less than 24 hours.If BTC is to increase, it...
Read More »Ethereum Railroad Aligns with the Anticipated Hard Fork
The Ethereum team will activate Muir Glacial hard fork on January 1 or 2. An update is important to defer the purported difficulty bomb by another 4 million blocks, and this will occur in block 9,200,000.Ethereum (ETH), the second-biggest computerized asset with a continuous market estimation of $14.5 billion, totally changed its benefit toward the end of the week and added up to $130.50 at the hour of composing. ETH/USD has lost over 2.5% over the most recent 24 hours and has stayed...
Read More »The 2010s: A Review of the “Bitcoin Decade”
As 2019 finally comes to an end, we close out not just a single year, but a rather wild decade. Starting tomorrow, the 2020s will come roaring in, ready to spread joy throughout the land of bitcoin and its altcoin counterparts. Let’s look back at some of the biggest stories to occur surrounding cryptocurrency over the past ten years and how they’ll influence the coming months.The Development of BitcoinWhile bitcoin wasn’t necessarily born in the 2010s (the whitepaper supporting its creation...
Read More »2019: A Look Back At Some of the Year’s Biggest Bitcoin Stories
2019 is coming to an official close, and it’s been a crazy year for bitcoin and its crypto counterparts. In an end-of-year series, let’s examine some of the biggest stories that have occurred over the past 12 months and how they’ll possibly influence the crypto industry’s behavior in 2020.Bitcoin and Its Ongoing VolatilityIt can be argued that 2019 was a year of major volatility for bitcoin. After all, the currency started out at a mere $3,500 – where it remained until April. Bitcoin had...
Read More »Recap Of 2019: Those Were The Biggest Bitcoin & Crypto Events Of The Year
It’s safe to say that Bitcoin, as well as the entire cryptocurrency market, were in for one wild ride in 2019. This is true in terms of price, but also for new developments, exciting events, important community positions, and so forth. A lot of people believe that 2019 was the preparation year for Bitcoin and other cryptocurrencies – the period during which digital assets could claim a higher ground and be more recognizable, especially for regulators across the world. And this is no doubt the...
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