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Crypto Price Analysis & Overview August 20th: Ethereum, Ripple, Cardano, Polkadot, & Solana

Ethereum Ethereum saw a 5.4% price hike this week as the coin sits around $3200. It surged above $3200 last Friday to meet resistance near $3350, provided by a bearish .618 Fib Retracement level. Unfortunately, it could not overcome this level and ended up rolling over from there. Throughout the week, ETH headed lower as it slipped beneath $3000 until support was found on Wednesday at $2960, provided by a .236 Fib and bolstered by the 20-day MA. It has since bounced higher...

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Binance Rolls Out Mandatory KYC Requirements Amid Regulatory Woes

Leading crypto exchange Binance has recently increased its customer verification requirements amid mounting pressure from global financial regulators. All Binance Users Must Verify their Accounts In an official announcement on Friday, Binance said that all new users must complete “Intermediate Verification” procedures to gain access to services such as cryptocurrency deposits, trades, and withdrawals, with immediate effect. According to the exchange’s procedures, the...

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Passives Einkommen mit Bitcoin? So funktioniert Staking!

Mittlerweile hört man überall von Kryptowährungen. Insbesondere durch den steigenden Kurs der beliebten Währung Bitcoin ist in den letzten Monaten wieder ein regelrechter Hype um die Thematik entflammt. Explizit der Begriff Staking taucht im Zusammenhang mit dem Aufbau eines passiven Einkommens durch Kryptowährungen immer wieder auf. Doch was ist das überhaupt und wie funktioniert das Staking? Die Antworten darauf gibt es im folgenden Beitrag. Und wer selber Staking...

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Former SEC Chair Jay Clayton Joins $2 Billion Crypto Custodian as Advisor

In his second crypto-focused endeavor in the private sector, Former SEC chairman Jay Clayton will be joining a $2 billion crypto-custodian based in Israel, known as “Fireblocks.” Why Clayton Joined Fireblocks Fireblocks was launched in 2019 and has seen impressive growth since, having already acted as custodian for over $1 trillion in assets and scaled from 100 to 500 institutional clients in the crypto and traditional finance industries within only months. Clayton’s job at...

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Bitcoin Cash Analysis: More Gains Possible Above $700

Bitcoin cash price started a decent increase above the $650 resistance against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $635 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $650 and $680 resistance levels. Bitcoin cash price is gaining pace above the $600 zone against the US...

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United Wholesale Mortgage Will Allow Customers to Make Home Payments with Crypto

United Wholesale Mortgage has become the first national mortgage lending company to say “yes” to cryptocurrency for home loans. People can now purchase their dream homes with digital assets. United Wholesale Mortgage Will Permit Home Payments in Crypto Bitcoin and its crypto cousins were initially created as a means of pushing checks, credit cards, and fiat currencies to the side. They were designed to serve as payment methods, though things have ultimately gotten in the...

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Ethereum Will Outperform Bitcoin Within Five Years, Says DeVere Group’s CEO

Nigel Green – CEO of the financial advisory firm deVere Group – believes Ethereum would surpass Bitcoin and become the leading digital asset within five years. He argued that the former has more tech advantages than its rival, which would be the key to its rally. ‘Ethereum Is More Useful Than Bitcoin’ According to Nigel Green – the founder of the digital service provider deVere Group – Ethereum would exceed Bitcoin’s value by 2026. The chief executive pointed out that Vitalik...

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Argo Blockchain Looks to Become More Energy Sustainable

Crypto mining firm Argo Blockchain has become the first official company of its kind to release a climate plan to carry it through the future. Argo Blockchain Is Looking to Be More Environmentally Friendly The idea of crypto mining is necessary to ensure digital blockchains are consistently supplied with new tokens. However, the process has been quite controversial over the past few months given that it is allegedly causing irreversible damage to the planet according to...

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Singapore Is a Big Fan of Ethereum

Singapore has become a big crypto haven in recent years, largely due to an alleged spike in coronavirus cases. Thanks to the pandemic, many citizens and residents of the country got scared about their financial situations and sought ways to keep themselves safe and wealthy during times of strife. Many People in Singapore Are Investing in Ethereum One of the ways to do this was by diversifying their portfolios, which means more crypto investments. However, rather than...

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