Crypto news

Billionaire investor Ray Dalio explained in a recent tweet he’s likely missing something when it comes to bitcoin, though what he’s missing isn’t clear considering he used the rest of his “social media time” to pass negative thoughts on the coin and explain why it could never be used as a mainstream currency.Ray Dalio: Bitcoin Is Too VolatileBitcoin has done quite well as a speculative asset, but at the end of the day, it – along with various other cryptocurrencies – was created to serve as a...

The price of bitcoin just keeps shooting up, up, up. Thus, it looks like 2020 is shaping out to be one hell of a year in many ways. The currency – which just a day or so ago was trading for around $16,800 – has just shot up another $1,000, and the currency is now trading for well over $17,700, the highest it’s been in a long time.Bitcoin Just Continues to Shoot NorthIt’s been mentioned that bitcoin could potentially hit its all-time high of roughly $20,000 by the time we’re ready to say hello...

Ray Dalio is among the most successful hedge fund managers in US history. Having found his own fund Bridgewater Associates in 1975, he has managed billions of dollars in the following decades.However, Dalio has never been a fan of Bitcoin. He has previously said that BTC’s volatility refrains it from acting as a medium of exchange and even asserted that the cryptocurrency “fails the purposes of money.”Bitcoin fell in his scope recently when the asset started gaining massive chunks of value...

[PRESS RELEASE – Please Read Disclaimer]ProBit Exchange is currently completing its requirements to finalize its application to secure official Information Security Management System (ISMS) license certifications in their continual efforts to remain one of the most transparent crypto exchanges in Korea.This rigorous and costly procedure involves the auditing of 104 unique categories as part of a comprehensive screening process covering information security management and information security...

XRP/USD – Buyers Struggling To Close Above $0.3 But Remain Supported At $0.272.Key Support Levels: $0.285, $0.272, $0.26.Key Resistance Levels: $0.302, $0.313, $0.321.On Tuesday, XRP surged as high as $0.321 (bearish .886 Fib Retracement). The sellers quickly pushed the market lower from here as they closed the daily candle beneath the $0.302 resistance (1.414 Fib extension).The buyers spiked back above $0.302 yesterday. However, the sellers stepped back in again to make sure the daily candle...

Qtum, the blockchain DApp platform, is set to become the new kid on the decentralized finance (DeFi) block with the launch of the QiSwap mainnet.As the first automatic market-making (AMM) protocol on Qtum, QiSwap brings Uniswap-like features to Qtum, allowing users to easily exchange QTUM and QRC20 tokens and provide liquidity — while benefiting from incredibly fast transactions and minimal transaction fees.After completing several successful testnet phases, QiSwap migrated to the Qtum...

JP Morgan Chase & Co CEO Jamie Dimon believes that blockchain technology will have a significant role in global finance. During a recent presentation, he also seemed optimistic about cryptocurrencies if they are adequately regulated. However, Bitcoin remains “not his cup of tea” as it lacks clear legislative frameworks.Dimon’s History With BitcoinThe head of the giant American multinational investment bank has a compelling but not very favorable history with the primary...

One of the more popular networks, Matic, has announced that it’s been successful in deploying Chainlink feeds as their recommended oracle solutions for developers.As such, it has become the second network after Ethereum to actively integrate Chainlink Price Feed oracles.Matic and Chainlink: Active Data FeedsIn a press release shared with CryptoPotato, Matic Network revealed that it has become the second blockchain outside of Ethereum to successfully deploy active Chainlink price feed...

Over a month after suspending deposits and withdrawals from its platform, the popular cryptocurrency exchange OKEx has announced plans to reinstate those services by November 27th.CryptoPotato reported in mid-October that OKEx co-founder Xu Mingxing had been taken away by police officers and was still missing. The exchange halted withdrawals and deposits, claiming that a key person has been assisting authorities with an investigation. Company CEO Jay Hao didn’t name the person but reassured...

After exploding to new yearly highs and displaying extreme volatility levels, Bitcoin has retraced beneath $17,500. Most alternative coins have followed suit, and the market capitalization has fallen below $500 billion.Bitcoins Tanks To $17,500The past several days have only exemplified Bitcoin’s impressive run in Q4 2020. The primary cryptocurrency was struggling beneath $16,000 for a bit before initiating a remarkable leg up that resulted in new records.BTC painted a new yearly high –...