Crypto news

Tyler and Cameron Winklevoss – the founders of the Gemini Exchange in New York – recent mentioned in an interview that they’re extremely confident bitcoin will reach a price of roughly $500,000.Winklevoss Twins: Bitcoin Will Reach $500KWhile this isn’t likely to occur right away, they’re confident the spike will happen within the next ten years, so we can likely expect to see bitcoin reach this pinnacle before 2030. The world’s number one cryptocurrency by market cap is making headlines this...

XRP/USD – Falls From $0.68 After BTC Price DipKey Support Levels: $0.6, $0.55, $0.5.Key Resistance Levels: $0.65, $0.68, $0.718.Last week, XRP dropped from $0.75 to meet the support around $0.5. From there, it started to climb higher over the weekend slowly but was unable to overcome resistance at $0.68 (1.414 Fib Extension) over the past two days.Today, it fell lower in tandem with Bitcoin and spiked as low as $0.557 before rebounding to hit the current $0.625 level.XRP/USD 4HR Chart....

Bears are circling as bitcoin hit all time highs again on Tuesday. Is this 2017 all over again? Google data shows no hint of retail FOMO in BTC/USD. Bitcoin hit multiple record highs this week, prompting “FOMO” or “fear of missing out” calls from some analysts. If there is euphoria in the crypto market it’s not coming from the retail crowd; making this move nothing like 2017. Bitcoin Races To Record As Bears Cry FOMO Although there is no such thing as one all-time high for bitcoin (as...

Bitcoin has come extremely close to reaching its all-time high yet again. The currency is presently trading for well over $19,000 again, a price it first reached about a week ago today. At the time of writing, one unit of bitcoin is worth just under $19,400.Bitcoin Is Once Again Reaching for the StarsAs we all remember, bitcoin first jumped to the moon back in late December of 2017. The currency rose all the way to nearly $20,000 per unit, and many analysts believe that the same scenario is...

ETH/USD – Ethereum Whipsaw Swing Sees $560 Before ReboundingKey Support Levels: $580, $560, $550.Key Resistance Levels: $620, $650, $665.Earlier today, Ethereum spiked lower by around 9% when it dropped from the resistance at $620 to break beneath $600 and reach $560. There, it found support at the .236 Fib Retracement level and rebounded to climb back above $600 and hit $607. It has since dropped back beneath $600 as it trades around $590. Interestingly enough, all of this coincided with the...

The leading US-based cryptocurrency exchange Coinbase assisted in MicroStrategy’s massive purchase of $425 million worth of BTC. The platform pledged to help other large firms diversify their portfolios with bitcoin in the future as well.Coinbase Involved In MicroStrategy’s BTC PurchaseThe NASDAQ-listed business intelligence firm made the news on two occasions earlier this year as it announced the total purchase of 38,250 bitcoins. At the time, this sizeable amount equaled about $425...

[PRESS RELEASE – Please See Disclaimer]BitMart, a premier global digital asset trading platform, will list DeCloud for DeFi token Akash (AKT) on December 6, 2020. BitMart users will be able to trade AKT starting from 10:00 AM on December 7, 2020 (EST). Akash Network’s purpose is to build up a faster, more efficient, and lower cost cloud for DeFi, decentralized projects, and high-growth companies providing unprecedented scale, flexibility, and price performance.Akash is a marketplace for cloud...

[PRESS RELEASE – Please See Disclaimer]As a subsidiary of ZK International Group (NASDAQ:ZKIN), xSigma Corporation was established in 2018 as a research and development lab to explore the utility of blockchain technology in solving real-world challenges. After a substantive R&D cycle, xSigma today announces the launch of its decentralized finance (DeFi) project.Decentralized finance has emerged as a leading vertical in the blockchain ecosystem, with more than $13 billion locked into DeFi...

Facebook shook the world last year after announcing plans to introduce a “single global digital currency” dubbed Libra. However, the social media giant’s efforts were quickly scalded by global regulators as the project received massive blowback.Facebook didn’t give up on its idea. Instead, the company decided to rebrand its two main products. Firstly, the Calibra wallet became Novi, and today, Reuters reported that the Libra name had been changed to Diem (meaning ‘day’ in Latin.) Stuart...

DUBAI, UAE – Ideaology is proud to announce its IDEA token pre-sale on December 1, 2020. The pre-sale event is an initial exchange offering (IEO) on P2PB2B exchange. Users will have a chance to purchase IDEA tokens with a 22% discount before the IDEA token public sale.Ideaology aims to be the “Biggest Blockchain Ecosystem in 2021 and beyond”. Along with the pre-sale launch, Ideaology’s Active IDEA platform will have its beta launch on December 1, 2020 as well. The very existence of Ideaology...