While predicting that the future of payments lies with digital currencies, Microsoft co-founder and philanthropist Bill Gates highlighted a “neutral view” on bitcoin. Nevertheless, he suggested that the digital form of money would need to enable transaction reversals and complete visibility.I Don’t Own Any Bitcoin, Says GatesThe 65-year old US business magnate, author, and philanthropist seems slightly more optimistic on bitcoin now compared to a few years ago. During the year-long bear...
Read More »Ethereum Selling Pressure Significantly Less Than In 2018: Analysis
Ethereum has been among the best price performers in the past several months by gaining more than 400% since October to fresh all-time highs above $1,900. According to recent data, though, this bull run is significantly different than the parabolic increase in 2017/2018 when ETH peaked at $1,450.This Time Is Different: ETH EditionLess than a year ago, during the mid-March liquidity crisis, it seemed that the bears had taken a permanent seat in the crypto field. Ethereum was not exempt from...
Read More »Venture Capital Fund Yolo Invests in Digital Marketing Specialists eCartic
[PRESS RELEASE – Please Read Disclaimer]18th February 2021, Tallinn, Estonia – Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic.The Estonian-based investment is a global B2B partner for disruptive companies within the eCommerce value-chain. It successfully scales across a number of verticals, turning ideas into products by using its expertise in digital marketing and branding. It also builds and markets B2C...
Read More »BNB Price Analysis: Binance Coin Eyes $200 After Gaining 300% In 2 Weeks
BNB/USD – Bulls See 332% Price ExplosionKey Support Levels: $180, $157, $150.Key Resistance Levels: $200, $218, $240.Binance Coin is up by an extraordinary 332% over the past two weeks. The cryptocurrency was trading at just $50 at the beginning of February.Yesterday, the BNB bulls managed to push past $150 as they continued higher today to reach $196. It has since dropped slightly.BNB/USD Daily Chart. Source: TradingViewBNB-USD Short Term Price PredictionMoving forward, the first resistance...
Read More »Binance Smart Chain Daily Transactions Now 70% More Than Ethereum’s
Binance Smart Chain continues to grow as it’s becoming more and more popular among the cryptocurrency community, especially those who are tempted to explore interesting DeFi capabilities on the network. Undoubtedly, the low fees and quicker transaction settlement compared to Ethereum’s blockchain are a strong incentive for a lot of users.BSC Daily Transactions Now 70% More Than Ethereum’sBinance Smart Chain sees an increased number of users getting attracted to it on a daily basis. This is...
Read More »Tax Payments With Bitcoin and Ethereum Now Available in Switzerland’s Canton of Zug
Residents located in the canton of Zug, one of the 26 cantons in the European country, will be able to use Bitcoin and Ethereum to pay their cantonal taxes as of this week. This comes just months after the canton partnered with Bitcoin Suisse to enable the innovative initiative. CryptoPotato reported the partnership between the two parties in September 2020. At the time, Bitcoin Suisse, the crypto broker headquartered in the same canton, agreed to convert the BTC and ETH holdings to Swiss...
Read More »EOS Price Analysis: Fresh Increase To $5.5 Seems Likely
EOS traded as high as $5.600 before correcting lower to $4.000 against the US Dollar.The price is currently trading well above $4.500 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $4.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $5.000 and $5.200 resistance levels.EOS price showing positive signs above $4.500 against the US Dollar, similar to bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim A Break Above $250
Litecoin price started a fresh increase from the $200 support zone against the US Dollar.LTC price is now trading well above $220 support and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dips a few points, but there are high chances of a break above the $250 resistance.Litecoin price is trading in a positive zone above $200 against the US Dollar,...
Read More »Apple Pay Seeks to Pave the Path Towards Crypto Payments
Apple Pay is now creating a path for crypto fans to pay for items and services with digital currencies. The company has partnered with Bit Pay to unveil a new prepaid Mastercard that customers can attach to their digital wallets should they ever wish to purchase items with crypto.Apple Pay Will Potentially Allow Crypto Payments SoonThe idea of using crypto as a payment method has been around since digital currencies were first born over 12 years ago. Initially, it was decided that these...
Read More »Cynthia Lummis Begs Elon Musk to Establish Crypto Business in Her State
Wyoming Senator Cynthia Lummis is a huge fan of Elon Musk, the South African entrepreneur behind SpaceX and electric car company Tesla. She’s now asking him to move to her state given that it allegedly boasts the best cryptocurrency laws, and she is confident he can do a lot for the digital asset space.Cynthia Lummis Wants Elon Musk to Work in WyomingElon Musk, while describing himself as “late to the party” in a recent tweet, is undoubtedly a bitcoin bull at this point, having recently...
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