XRP/USD – XRP Rangebound Between $0.65 and $0.435Key Support Levels: $0.45, $0.43, $0.4.Key Resistance Levels: $0.556, $0.6, $0.648.Throughout the December period, XRP has been trapped between $0.65 and $0.43. It reached the lower boundary of this range last week and proceeded to bounce from the support provided by a .618 Fib Retracement.After rebounding, XRP started to climb higher but could not close a daily candle above $0.58. As a result, XRP rolled over during the weekend and fell...
Read More »CryptoCom Enlists Bison Trails to Provide Validator Node Infrastructure
[PRESS RELEASE – Please Read Disclaimer]Hong Kong, Dec. 22, 2020 – Following the announcement of Crossfire, the Crypto.com Chain mainnet dry-run, Crypto.com today enlisted Bison Trails to provide Validator node infrastructure support on the Crypto.com Chain. With a robust infrastructure platform that decentralizes nodes across cloud providers and regions, Bison Trails will enable Validator nodes to sign transaction blocks with low latency and high throughput on the Crypto.com Chain.Crypto.com...
Read More »Kidnappers Demand 100 BTC Ransom for The Son of an Indian Crypto Investor
In a Bitcoin-related kidnapping event in Karnataka, India, abductors asked for a 100 BTC ransom for the son of a local businessman and crypto investor. The police managed to capture six suspects on the case, which were all related to the victim’s family.100 BTC for The Son of A Crypto InvestorAn eight-year-old boy from India has been kidnapped with a ransom note demanding 100 bitcoins, worth about $2.3 million. The incident happened in the southwest Indian state of Karnataka while the child...
Read More »LINK Price Analysis: Chainlink Dropped To 6-Month Low Against Bitcoin and is 60% Away From Its ATH
LINK/USD – LINK Indecision Causing Sideways ActionKey Support Levels: $12, $11.50, $10.50.Key Resistance Levels: $13.50, $14.30, $15.LINK is currently trapped in a period of indecision as it bounces between $14.30 and $11.50. The coin has been unable to claim either of these boundaries for the entire December but is battling to remain above a three-month-old rising trend line.It surged higher from $11.50 last week but could not close a daily candle beyond $13.50 over the weekend, causing it...
Read More »Coinbase Asks FinCEN to Prolong Feedback Deadline on Proposed Crypto Regulations
Following weeks of speculations, the US Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a new set of regulations on self-hosted crypto wallets. The organization gave stakeholders 15 days to respond to the propositions, but Coinbase has continued opposing the idea and asked for an extension of that period.FinCEN’s Newly Proposed Crypto RegulationsThe cryptocurrency community has speculated on rumors that the US Treasury could be working on new legislation for self-hosted...
Read More »Cardano (ADA) Price Analysis: More Downsides Possible Unless It Breaks $0.16
ADA price started a decline increase after forming a top near the $0.1760 zone the against the US Dollar.The price is now trading below the $0.1600 level and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.1640 on the 4-hours chart (data feed via Kraken).The price could resume its decline unless there is a clear break above $0.1600 and $0.1620.Cardano price is back below the $0.1600 support against the US Dollar, similar to...
Read More »#1040 Reich mit DeFi, SEC will Ripple verklagen & Fussball Fan Token Rally
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1040. Im heutigen Video geht’s um folgende Themen: Reich werden mit DeFi, SEC will Ripple verklagen & Paris Saint Germain und Juventus Fan Token Rally. 1.) Angel-Investor über DeFi: Eine der besten Optionen, um reich und erfolgreich zu werdenhttps://coincierge.de/2020/angel-investor-ueber-defi-eine-der-besten-optionen-um-reich-und-erfolgreich-zu-werden/ 2.) SEC set to sue Ripple with XRP in the...
Read More »Dezentrale Spenden App PolloPollo erreicht 1.500 durchgeführte Spenden
Im Dezember hat die dezentrale Spenden App PolloPollo 1.500 Spenden erreicht. In diesem 1.500 Spenden haben 100% der gespendeten 7.500 USD Menschen in Venezuela erreicht.Über PolloPolloPolloPollo ist eine dezentrale Spenden Plattform, die auf der DAG (Directed Acyclic Graph) Technologie Obyte aufbaut.Die PolloPollo Plattform bringt Spender aus aller Welt mit Menschen in Not zusammen.Das Besondere dabei: 100 % der Spenden kommen wirklich beim Empfänger an, was sehr ungewöhnlich ist. Im...
Read More »Ethereum Price Analysis: ETH Likely To Extend Losses Below $600
Ethereum price started a fresh decline from the $670 resistance zone against the US Dollar.ETH price is currently trading below the $628 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $627 on the 4-hours chart (data feed from Coinbase).The pair is consolidating losses above $600, but there are chances of more downsides in the near term.Ethereum price is slowly gaining bearish momentum below $628 against the US Dollar....
Read More »Market Watch: Bitcoin’s Recovery Fragile as $40 Billion Wiped Off Market in 24 Hours
Bitcoin’s rollercoaster continued in the past 24 hours with a massive $2,000 dump and the subsequent recovery attempt. Most altcoins are covered in red, and the market capitalization has lost $40 billion in a day.Bitcoin’s Wild Ride ContinuesAfter a relatively bullish weekend in which BTC gained some value, the primary cryptocurrency seemed primed for further increases. Initially, bitcoin indeed headed north, resulting in a fresh all-time high of $24,300 (on Bitstamp).However, the bears...
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