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Simon Peters: A High Bitcoin Price Can Deter Retailers

Bitcoin has incurred another slight period of growth this morning that took it all the way to $12,400. At the time of writing, the currency has settled down a bit just beyond the $12K mark.Bitcoin Has a High Price; This Keeps Some Traders OutNo matter how you look at the situation, it’s easy to say that the price of bitcoin – the world’s largest and most popular cryptocurrency by market cap – has seemingly entered one of its best bull phases in recent years. At the same time, however, there...

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Google Searches For Buy Crypto At Highest Point Since January 2018

Google trends data reveals that the number of “buy crypto” searches has exploded worldwide in the past few weeks to a two-year high.Simultaneously, the “buy Bitcoin” searches, which jumped prior to the 2020 halving and decreased immediately after, have increased since late July.Buy Crypto Searches To A Two-Year HighAccording to Google trends, “buy crypto” searches reached an all-time high rather expectedly during the parabolic price increase of late 2017 and early 2018. As the market was...

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XRP Dips Below $0.30 Following Bitcoin’s Latest Dive, What’s Next? (Ripple Price Analysis)

XRP fell by a total of 4% today as the coin drops back beneath $0.3 to reach $0.293.At the start of this week, XRP attempted to push higher as it spiked to $0.331.Against Bitcoin, XRP returned to the 200-days EMA at 2470 SAT today.XRP/USD: XRP Breaks Beneath $0.30 Once AgainKey Support Levels: $0.286, $0.264, $0.25.Key Resistance Levels: $0.3, $0.313, $0.321.XRP managed to push above $0.3 on Monday as the coin penetrated a short-term falling price channel. The cryptocurrency reached as high...

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US DOJ Charges Five Men For Running $20 Million Bitcoin Ponzi Scheme

US authorities have charged with fraud and money laundering five people operating a Bitcoin mining Ponzi scheme. Called AirBit Club, the scam operated since 2015 and duped numerous victims into investing by promising alluring but false returns.How Did AirBit Club Operate?According to the US Department of Justice (DOJ), Pablo Renato Rodriguez and Gutemberg Dos Santos co-founded AirBit Club in late 2015. Cecilia Millan and Jackie Aguilar joined the project later on as promoters, and Scott...

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Kryptowährungen als Möglichkeit sicher durch finanzielle Krisen zu kommen

Kryptowährungen als Möglichkeit sicher durch finanzielle Krisen zu kommen Das Handeln von Kryptowährungen wird häufig vernachlässigt, wenn es darum geht die eigene finanzielle Sicherheit zu gewährleisten. Es hat den Ruf, dass es nichts anderes als reine Spekulation ist, die zwar hohe Gewinne verspricht, aber auch hohe Verluste mit sich bringt. Gerade deshalb hat es in den letzten Jahren viele Menschen angezogen, welche es als eine Art...

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Algorand To Facilitate DeFi App Creation With Major Network Upgrade

The Algorand Foundation and Algorand Inc have announced a significant upgrade to its layer-1 protocol that will enhance the platform’s abilities to power complex decentralized applications, including DeFi projects scalable to tens of millions of daily transactions with low fees.Algorand Protocol Update To Enhance DeFi SolutionsThe company announced the protocol upgrade in a press release shared with CryptoPotato. It described it as the “launch of comprehensive smart contract capabilities that...

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WAVES Used For The First Cryptocurrency-Backed Bank Loan In Russia

A Russian businessman has reportedly taken a loan from a bank using the WAVES token as collateral. With the nation’s unclear regulation status regarding digital assets, local lawyers argued on whether such transactions could legally proceed in the future.The First Cryptocurrency-backed Bank Loan In RussiaAlexander Ivanov, Waves founder and CEO, confirmed the news earlier today. He outlined the local report, which reads that for the first time in Russia, a bank has approved a loan secured by a...

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The Crypto Phenomenon Cannot be Ignored, Says US Banking Regulator

The U.S. Government’s acting Comptroller of the Currency allowed banks in the country to offer cryptocurrency custody services a little less than a month ago.Advocating the case for crypto, he now says that payments need to happen ‘virtually instantaneously.’ He also feels that ‘the crypto phenomenon cannot be ignored.’Crypto-Friendly Brian: Payments Need To Happen ‘Virtually Instantaneously’Speaking to CNN’s Julia Chatterley, Coinbase’s former Chief Legal Officer, and the U.S. Government’s...

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Tron (TRX) Price Analysis: Trimming Gains, But Uptrend Intact Above $0.025

Tron price jumped more than 25% and climbed towards the $0.0325 level against the US Dollar.TRX price traded as high as $0.0325 and recently started a downside correction wave.There is a key bullish trend line forming with support near $0.0260 on the 4-hours chart (data feed via Bitfinex).The pair is likely to bounce back above $0.0280 as long as it is trading above the $0.0250 support.TRON price is currently correcting gains from highs against the US Dollar, similar to bitcoin. TRX price...

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Swipe (SXP) Greenlighted to Enter US Markets

Swipe is set to venture into the U.S. market following approval from regulators. The news of the launch caused a rise in the price of its SXP tokens.Swipe Crypto Trading Functionality Coming to 200M AmericansIn a tweet on Tuesday (August 18, 2020), crypto wallet and card provider Swipe announced that it received a go-ahead to launch its services in the United States. According to the announcement, the Binance-owned platform stated that its wallet and debit card would be available in the U.S....

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