Crypto news

Ripple price declined heavily from well above the $0.2500 level against the US dollar.The price traded as low as $0.2315 and settled below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.2460 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2440 and $0.2460 resistance levels.Ripple price is struggling to gain pace above $0.2425 against the US Dollar. XRP...

The latest blog post from ConsenSys developer Ben Edgington suggests that things are getting very close to the highly anticipated launch of Phase 0 of Ethereum 2.0. The first part of this milestone event is the deployment of the deposit contract which has already been slightly delayed as developers wanted to wait for an audit on a performance and security focused signature library called blst. Edgington stated that the results of this are expected this week although there are...

With so many institutions working to get their fingers on bitcoin – which is turning out to be the asset of the century – it’s a wonder that larger companies aren’t working to do so as well. According to Raoul Pal – a former executive at Goldman Sachs – this is exactly what’s going to happen within five years, and large tech firms, such as Apple and Microsoft, will be investing in the world’s number one digital currency by market cap.Raoul Pal: In Five Years, Big Companies Will Want BTC2020...

For the first time in a decade, central banks around the world are selling off their bullion stocks. Economists have opined that this is a direct result of the coronavirus pandemic led fiscal stress. If the trend continues, gold prices are in for some serious freefall rides. The question is, will central banks start stockpiling on bitcoin now? Central Banks Dumping Gold For First Time in 10 Years In a surprising report published by Bloomberg, central banks for the first time...

With the U.S. presidential election coming up in just a few days, many are wondering which candidate is better for bitcoin, and whether bitcoin will spike or fall once the election results are announced. However, according to Jeff Dorman – chief investment officer at hedge fund Arca – the price of bitcoin doesn’t really care who wins and is likely to expand its horizons no matter who is declared the winner.Jeff Dorman: BTC Will Be in Good Shape No Matter WhatDorman has commented that the most...

Bitcoin has shot up like nobody’s business. At press time, the currency is trading for well over $13,700, the highest it’s been in roughly three years, and the currency is now just a few steps away from $14,000. This is an exciting time for bitcoin enthusiasts, especially considering many analysts still believe it could spike even further and that the asset is outdoing stocks and neighboring investments.Bitcoin Shoots Up Once AgainFairlead Strategies founder Katie Stockton has mentioned in a...

Occurring every four years, the US Presidential elections gain attention not only from US citizens but from the entire world. Being the largest country by nominal GDP and the US dollar serving as the global reserve currency, the consequences of elections’ results will be felt in the next (at least) four years everywhere. That “everywhere” part definitely includes the traditional financial markets and, more specifically, the US stock markets. In fact, their performance could...

CryptoPotato recently had the opportunity to interview Brian Kerr – the CEO of the DeFi project Kava. Built on Cosmos as a proof-of-stake blockchain, Kava allows users to stake tokens and participate as validators in the network. The project saw the light of day as an IEO on Binance Launchpad. Kerr’s project description said it’s a “stand-alone blockchain that has interoperable bridges, Chainlink oracles, unique validators, and other infrastructure that allows it to provide a...

Talks about the Anti-social Media Bill to prevent Nigerian youths from protesting against the government has reminded us about the need for decentralized social networks.  Following the recent EndSARS protests against police brutality in Nigeria, the government has returned to a previous bill that intends to criminalize the use of social media to restrict free speech.  Created last year, authorities claimed the bill dubbed “Protection from Internet Falsehood and Manipulations...

Bitcoin finally broke the 2019 high after a brief spike that took it above $14,100 yesterday (Bitstamp). With its impressive leg up, BTC has continued to increase its dominance over the altcoins, most of which keep decreasing in their value against the primary cryptocurrency. Bitcoin Price Is Trading Around The June 2019 High Ever since BTC began increasing in value a few weeks ago, the crypto bulls anticipated when new highs will arrive. Bitcoin didn’t disappoint and kept...