After two weeks of consolidation steadily above the $7000, Bitcoin broke below. If you were following the recent price analysis posts here, you would not be surprised.Bitcoin was showing weakness, not being able to overcome the mid-term descending trend-line (shown both on the following 4-hour and 1-day charts).Aside from this, the long positions are mysteriously increasing to their all-time high. This is definitely not a good sign for the bulls, as they are already smelling the long...
Read More »Erik Finman Provides Crypto to a School in Africa… Through Outer Space
In the past, Live Bitcoin News has reported on Erik Finman, a 20-year-old high school dropout who became a serious bitcoin connoisseur. Now, he’s using his knowledge and power in the crypto industry to send digital currency to the residents of Ghana through space as a means of providing citizens with appropriate financial means.Finman Sees the Power of CryptoThe “crypto space drop,” as it has come to be known, occurred in early November. Finman beamed the cryptocurrency into a string of...
Read More »Ethereum 2.0 Could Be Launched on July 30, 2020
While there really isn’t anything too definite about a release date for the new Ethereum 2.0 upgrade, there’s a strong enough suggestion by an insider. Ethereum Foundation core researcher and Ethereum 2.0 contributor Justin Drake started a GitHub discussion on Saturday about when Ethereum 2.0 should be launched.On the official Ethereum repository, Drake began the thread by saying:“(For discussion.) July 30, 2020, is Ethereum’s fifth anniversary, a natural candidate schelling point for...
Read More »Will the Payments Sector Unite or Divide over Cryptocurrency Adoption?
Traditional payment companies seem to be taking vastly different approaches to cryptocurrencies. Earlier this year, it seemed like PayPal was about to blaze a trail in the space by working with Facebook on Libra, although it later pulled out. Elsewhere, more forward-thinking firms like Revolut and Skrill have embraced crypto, while Monzo has issued a firm “no,” and Stripe has backed away.So, what exactly is going on in this tumultuous relationship between payment firms and cryptocurrencies,...
Read More »Fidelity Digital Assets Plans to Offer Ethereum Support in 2020
Fidelity Digital Assets, the digital currency arm of financial giant Fidelity Investments, plans to add support for Ether token next year in 2020. Tom Jessop, the president of Fidelity Digital Assets, made the announcement during an interview with The Block last Saturday, December 13.Jessop added that the final decision of Fidelity Digital Assets depends only upon evaluating the market demand for ETH support. Launched earlier this year, Fidelity Digital Assets specializes in offering...
Read More »Stellar Lumen (XLM) Price Primed For Additional Downsides
Stellar lumen price is declining below the key $0.0550 support area against the US Dollar.XLM price is currently struggling to stay above the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0528 on the 4-hours chart (data feed via Kraken).The pair could tumble if the bears gain strength below the key $0.0500 support area.Stellar lumen price is gaining bearish momentum against the US Dollar and bitcoin. XLM price must recover above $0.0550 to avoid...
Read More »Ripple Price Analysis: XRP Trend Overwhelmingly Negative
Ripple price is declining and it is trading below the $0.2200 pivot area against the US dollar.The price is likely to continue lower towards the $0.2100 and $0.2050 support levels.There is a key bearish trend line forming with resistance near $0.2180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below the $0.2100 support area could accelerate decline towards $0.2020.Ripple price is facing an increase in selling pressure below $0.2200 against the US...
Read More »#772 Ripple Durchbruch, Frankreich Bitcoin Fond & Bitcoin Tiefpunkt vor 1 Jahr
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 772. Heute sprechen wir über folgende Themen: Ripple Erwähnung US Regierung, Frankreich startet ersten regulierten Bitcoin Fond & Bitcoin Tiefpunkt vor genau 1 Jahr. 1.) Ripple (XRP) Durchbruch? – Erwähnung in Dokument der US-Regierunghttps://cryptomonday.de/ripple-xrp-durchbruch-erwaehnung-in-dokument-der-us-regierung/ 2.) Frankreich gibt Gas, erster regulierter Bitcoin-Fonds geht an den...
Read More »Binance CEO Hilariously Exposed in Twitter-Bot Gaffe
CEO of Binance, Changpeng Zhao (CZ), was the beneficiary of three identically phrased - and mispelled - Twitter posts. Are bad bots at work? Identical spelling mistakes reveal use of fake accounts to boost Twitter profile of Binance, and its CEO, Changpeng Zhao. Three separate accounts used identical phraseology when prasing the Binance cryptocurrency exchange. Twitter has attempted- and failed – to crack down on bot accounts in the past. The founder and CEO of Binance was exposed in an...
Read More »Binance to List TRON Despite Scam Allegations by Jared Tate
According to Jared Tate, the DigiByte founder, the TRON project is “the biggest scam in crypto history”. Jared wants to warn the public that it was developed and promoted by the Chinese government. If the U.S. will allow operations of 18 “bad” cryptocurrencies like TRON on Binance.US, then an “unprecedented loss of faith in lawmakers” will occur. Jared is sure that the coin’s purpose is to “dupe unknowing American citizens”. The ICO financial trap already did that, but apparently, Jared feels...
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