Crypto news

Hong Kong-based virtual asset (cryptocurrency) service provider TMTG Enterprise HK Limited announced on Nov. 20 the beta test launching of its digital gold trading platform Touch Gold Exchange (TGXC).TGXC platform is a part of TMTG project. On the platform, users can buy TG tokens with TMTG tokens. 1 TG equals one gram of actual gold. The price of the tokens is linked to the price of actual gold in real-time. Thus, holding TG is as same as owning real gold.COINZEUS membership is required to...

With bitcoin now trading for just under $18,000 – a near $1,000 gain from just two days ago – many analysts and industry experts find themselves wondering where bitcoin will go next. The currency has been on one of its biggest bull runs since 2017, and many believe that 2020 will end with bitcoin striking its all-time high of $20,000 per unit once again.Bitcoin Could Soon Travel to the SkiesHowever, things aren’t quite stopping there. Many are wondering where bitcoin will head in the...

Bitcoin price is tracking inside a pennant pattern right now as candle wicks pinch between two trend lines (yellow). This is a classic bullish continuation pattern and usually results in a strong breakout once the asset reaches maximum consolidation.According to new figures from Skew, the statistical likelihood of Bitcoin’s price ending the year higher than $20,000 – it’s current all-time high – now stands above 25%.Despite this optimism, however, short-term volatility has slackened right off...

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...