Visa – one of the largest credit card companies in the world – has announced plans to roll out cryptocurrency-buying services soon.Visa Is Working to Make Crypto the Future of MoneyOver the years, the credit card firm has become one of bitcoin’s biggest supporters despite not thinking much of digital assets for a time. Since then, however, it has forged relationships with approximately 35 separate bitcoin and cryptocurrency-related firms and hopes to make it so that digital currency can take...
Read More »India Is Now Looking Into Creating a Centralized Cryptocurrency
The finance minister of India Nirmala Sitharaman is putting a lot of people’s fears to rest given that her recent budget speech left out cryptocurrencies completely. While this may seem like the wrong move to make, it has seemingly calmed many viewers given that India has long been debating whether it should potentially instill a full ban on all crypto-related activity.India Is Moving in Another Direction with CryptoIndia first instilled a ban on all business partnerships between crypto firms...
Read More »ETH Sees 32% 7-Day Gains As Altcoins Party: The Weekly Crypto Market Update
This week was undoubtedly an altcoin party. Even though Bitcoin is up quite a bit in the past seven days, it was altcoins that stole the show, charting major increases almost every single day.Let’s start with BTC, though. It began the week at around $34,000 and was rather indecisive in the first few days, dipping below $33,000 on a few occasions. However, it was on Tuesday when the price started going up, reaching a weekly high at just shy of $39,000 before settling to where it’s currently...
Read More »Bitcoin-Preis bald auf 60’000?
Finanzexperte von Investing.com sieht Bitcoin schon bald bei 60'000 US-Dollar Ein Finanzexperte des Finanzportals Investing ist der Meinung, dass der Bitcoin möglicherweise bereits im ersten Halbjahr bis 60’000 US-Dollar steigen wird. Die These wird von Anlegern unterstützt. Der Analyst sieht diesen Aufschwung im kontinuierlichen Interesse von Investoren in Kombination mit „günstigem Geld“, welches in das globale Finanzsystem einfließt,...
Read More »Nexo Customers Can Now Access the Company’s Services Through Their Phones
Nexo – a regulated digital asset firm that manages more than $4 billion in assets – has launched its new Nexo Exchange application.Nexo Services Are Now Available Through Mobile DevicesNow, people can access the company’s many services through their Android or iOS phones and trade as many as 75 separate digital trading pairs between cryptocurrencies and fiat. The company guarantees the best prices on all trading pairs through its “smart routing” system to ensure customers always get the most...
Read More »Crypto Price Analysis & Overview February 5th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink
This week saw nothing but green on the cryptocurrency markets as it seems everything is surging. Ethereum charted a new ATH, as well as many other altcoins, while Bitcoin attempts to reclaim $38K.BitcoinBitcoin saw a 15% price surge this week as the sentiment starts to turn bullish again for the primary cryptocurrency. The coin had been in a consolidation phase since hitting its ATH price at $42,000 last month. Since then, it has pretty much traded sideways within the confines of a descending...
Read More »DeFi Coins Exploding As Total Value Locked Eyes $35 Billion
The decentralized finance field continues expanding in all directions as the total value locked in various projects has tapped $35 billion. At the same time, numerous DeFi tokens have exploded in price in the past 24 hours, including an all-time high for Chainlink and double-digit pumps for Aave, Maker, Synthetix, Compound, and more.Skyrocketing DeFi TokensThe total crypto market cap marked a new all-time high today at over $1.170 trillion, and DeFi coins have attributed the most to these...
Read More »Central Bank of Nigeria Orders Banks to Discontinue Servicing Bitcoin Clients
News emanating from Nigeria reveals that the country’s central bank has allegedly placed a ban on buying and selling cryptocurrencies.A circular disseminated by the Nigerian Central Bank has revealed the apex bank’s intention to clamp down on bitcoin buying and selling. The Central Bank issued a memo signed by its Director of Finance and Policy Regulation, Kevin Amugo, in 2017, warning against the use of unregulated virtual currencies and highlighted the place of virtual currencies in...
Read More »ETH Gas Fees Skyrocket As Ethereum Price Paints New ATH
ETH’s increasing price is not the only Ethereum-related featured that has been skyrocketing lately. The transaction costs paid on the network (gas fees), prompted by DeFi and stablecoins, have surged to new average highs of over $20.Gas Fees Through The RoofIt’s no secret within the community that arguably the most utilized blockchain, the Ethereum network, has struggled with scaling issues for a while.Until the long-anticipated ETH 2.0 arrives, numerous projects have offered Layer-2...
Read More »Ripple Price Analysis: XRP Surges 60% Weekly As Bulls Eye $0.50 Target
XRP/USD – Bulls Rebound From $0.365 Support.Key Support Levels: $0.434, $0.4, $0.365.Key Resistance Levels: $0.48, $0.5, $0.556.XRP is now up by a whopping 60% over the past week. The coin had dropped lower from the opening price of $0.5 on Monday as it slipped into the .5 Fib support at $0.365. It managed to hold this support over the past few days until rebounding higher yesterday.It managed to spike as high as $0.5 yesterday but eventually closed the daily candle at $0.45. There is strong...
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