Two of the largest cryptocurrency exchanges in the world – Binance and Coinbase – appear to be duking it out over cryptocurrency. The Coinbase Premium Has Got Some People Worried Binance is based in Asia, while Coinbase is in North America. The two territories are arguably fighting over the status of bitcoin and where it goes in the future, and analysts are warning about which platform to work with depending on what the asset’s price will be. Industry heads are...
Read More »Ripple Price Analysis: XRP Struggling To Break Above $0.50
XRP/USD – Bullish attempt to surpass $0.5 continues.Key Support Levels: $0.45, $0.41, $0.4.Key Resistance Levels: $0.5, $0.556, $0.6.XRP is currently trading inside a falling wedge pattern as it attempts to break the upper boundary. The coin had dropped lower from $0.56 in the last days of February as it collapsed into the support near $0.4 (the 100-day EMA line).It then rebounded from $0.4 at the beginning of this month and has since found solid support at $0.45 (.5 Fib) over the past six...
Read More »Jack Dorsey Will Donate the Proceeds of His Genesis Tweet Sale
Jack Dorsey, the CEO of one of the largest social media platforms, Twitter, will be converting the proceeds of the sale of the genesis tweet in Bitcoin and donate it to the GiveDirectly’s Africa Response Campaign.Earlier during the weekend, CryptoPotato reported that Jack Dorsey has put up the genesis tweet for sale.This became possible through a platform that allows individuals to tokenize and sell their tweets in the form of a non-fungible token (NFT).At the time, Justin Sun, the founder of...
Read More »Gaucho Group Holdings Says It Will Accept BTC for Home Buys
We keep hearing about companies that are accepting bitcoin and cryptocurrencies as forms of payment. Now, another firm – Gaucho Group Holdings, Inc. – is being added to the list of enterprises that see BTC in the same light that they would cash or credit cards. Gaucho Paves the Way for BTC Payments From the very beginning of their creation, cryptocurrencies were designed to one day replace fiat and other standard forms of payment. It was originally thought that a person...
Read More »First $1,200 US Stimulus Checks Put in Cardano Worth $45,000 Today
It’s been approximately one year since the COVID-19 threat infiltrated the Western World and caused massive disruptions. Consequently, it has been a little less than twelve months since the US government initiated considerable relief packages and sent $1,200 to every adult earning less than $75,000 per year.While highly unlikely, this particular amount could have resulted in mindboggling returns if the US citizens had decided to allocate the funds in some assets. One stands out the most as...
Read More »Handycon: World’s First Handshake Protocol Conference Launched
[PRESS RELEASE – S.A.R, HONG KONG, 9th March 2021, ChainWire ]HandyCon, the world’s first conference dedicated to the ground-breaking Handshake decentralized domain name protocol, will take place online March 10th through March 11th, 2021 Eastern Standard Time (EST). Presented by the dWeb Foundation, more than 36 speakers will be featured including founders of the Handshake protocol, key platforms like Namebase.io, investors like Vinny Lingham (Multicoin, Civic), and luminaries from the...
Read More »Linkflow Launches Crypto Prime Brokerage Service
[PRESS RELEASE – Hong Kong, Hong Kong, 9th March 2021, ChainWire]Linkflow, a Hong Kong-based crypto prime brokerage service, has announced on Tuesday (March 9th, 2021), that along with its traditional asset management offerings, it is launching new digital asset-based services. The service is focused on a platform for providing seamless connectivity to the broader cryptocurrency ecosystem giving clients unprecedented access and management to a wide array of digital assets.Within the ecosystem...
Read More »Gny Launches World’s First Decentralized Platform For Secure And Collaborative Machine Learning
[PRESS RELEASE – Please Read Disclaimer]London March 10, 2021 – Using blockchain to democratize machine learning, GNY today launched the world’s first blockchain providing access to powerful machine learning functionalities on a secure and collaborative decentralized platform.Empowering businesses and organizations to solve large and complex problems, GNY’s Mainnet will enable users to utilize its blockchain architecture to run machine learning analysis of any type of data – from financial...
Read More »Bitcoin Price Analysis: BTC Likely Target $60K Following Today’s Breakout
Bitcoin saw a 7.5% price increase today as the cryptocurrency raised by a total of $1,640 to climb back above $54,000, for the first time since February 22.Looking at the past trading days, BTC had bounced from support at $47,200 (.382 Fib) over the weekend as it closed the daily candles above the critical 20-day EMA. On Sunday, it managed to break above $50,000 once again, which allowed it to push higher and close yesterday’s candle at $52,480 (bearish .618 Fib Retracement and crucial...
Read More »Polkadot Parachain Governance Proposal Advanced by Parity Technologies
Parity Technologies aims at developing and releasing a generic asset parachain to serve as one of the first common-good chains on Polkadot. Dubbed Statemint, it would provide functionality for deploying various asset types, such as tokenized artwork or even central bank digital currencies (CBDCs).Statemin to Come on PolkadotThe press release shared with CryptoPotato explained that the on-chain governance networks of Polkadot and Kusama can currently grant parachain slots by public referendum...
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