For the past ten days, the Bitcoin price was trading mostly inside a $200 range between $9000 and $9200.This behavior is very uncommon to a volatile asset such as Bitcoin. Some technical signs point on an end to this saga very soon, probably as the new week starts.Bitcoin Recent Price ActionAs can be seen on the following 4-hour chart, Bitcoin is trading inside a symmetrical triangle pattern.While yesterday BTC was about to break it down from its lowest angle, Bitcoin found support and...
Read More »Can Crypto Payment Cards Become Mainstream?
Many people see the introduction of crypto payment cards as a viable method of bringing crypto to the mainstream world of retail sales, but there are several problems that the these cards will have to overcome if they are to ever be used on a regular basis by those looking to obtain both goods and services with digital funds.Crypto Payment Cards Must Be Improved UponCrypto payment cards are like credit or debit cards, only instead of being attached to a standard bank or financial institution,...
Read More »Is India About to Become a Major BTC Haven?
Crypto enthusiasts everywhere believe that bitcoin is about to explode in countries like India.India Is Heading for the TopRecently, the nation’s Supreme Court deemed bitcoin trading lawful and felt that the ban preventing banks and financial firms from doing business with or representing crypto ventures was unconstitutional. That ban has since been removed, and trading in India has jumped to new highs.As a result, many think the country that was once very anti-crypto is about to put digital...
Read More »BNB Coin Garners Its Own Twitter Emoji
Twitter and cryptocurrency have always been rather supportive of each other, especially considering CEO Jack Dorsey’s stance on bitcoin. Now, it looks like Binance Coin – the native currency of the popular cryptocurrency exchange Binance – is the third digital asset in the world to garner its own emoji hashtag.BNB Coin Gets Its Own EmojiThe first cryptocurrency to garner an emoji was bitcoin, of course. The second is Crypto.com currency CRO. Now that Binance Coin has joined the ranks, several...
Read More »You Can Now Withdraw TRON (TRX) From Over 13,000 ATMs In South Korea
The tentacles of the TRON ecosystem continue to extend their reach across the globe. The latest endeavor has seen TRON join forces with MeconCash, making TRX and JST exchangeable for Korean Won at cash points across the country.More than 13,000 ATMs will support the crypto-fiat swaps as TRON seeks to seal its status as versatile digital cash for the people.TRON Arrives at South Korean ATMsTRON and its native TRX currency have broad support across Asia, where Justin Sun can be found actively...
Read More »Bitcoin Up By 78% from March but Spot Volumes are Down 28%; Increased HODLing Confirmed
Bitcoin’s average monthly price has appreciated by almost 80 percent since March’s Black Thursday crash. But as per the latest data from CoinGecko, spot trading volumes have gone down by 28 percent quarter on quarter. Are BTC investors holding more than trading?Bitcoin Price is Up, While Trading Volumes are DownCoinGecko shared Part 1 of its Q2 2020 quarterly crypto market report. The crypto market data platform posted highlights from the report in a series of tweets.One of them pointed out...
Read More »Justin Sun Announces Launch of New TRON-Based DeFi Products
Justin Sun appears keen to see Tron make a splash in the emerging decentralized finance (DeFi) scene. Sun Eyes Tron-based DeFi ExpansionTweeting on Friday (July 3, 2020), the Tron CEO announced three new DeFi products, namely; JUST Lend, JUST Swap, and JUST BTC. According to Sun, the JUST (JST) token will serve as the native coin for the TRON ecosystem. As part of the tweet, Sun revealed that “JUST Lend” will enable TRON users to earn interests or borrow assets against collateral. “JUST...
Read More »The Anonymous Forecast for Bitcoin Price That Never Was
An anonymous Bitcoin prediction initially published on 4chan made the headlines for being accurate with the first two out of six price targets. Even though it failed with the next two targets and disappointed believers, the crypto community is still electrified by bullish predictions for 2020.An Anonymous Prediction Almost Did ItTechnical analysis and fundamentals allow experienced traders and analysts to anticipate the subsequent price moves. However, even the most brilliant minds can’t...
Read More »Cardano (ADA) Price Spikes Following Coinbase Custody Staking Announcement
Cardano (ADA) is currently among the best-performing token in the top-10 rankings by market capitalization amid the announcement of future token staking capability on Coinbase Custody.ADA Staking on Coinbase Custody Coming in Q4 2020In a tweet published on Friday, Input Output Hong Kong (IOHK) — the Cardano parent company — announced a partnership with Coinbase Custody to list the ADA token later in the year. As part of the agreement, ADA “bagholders” will be able to enjoy token staking...
Read More »John McAfee Unveils Ghost Coin to Mixed Reactions
Controversial anti-virus figure John McAfee is at it again. This time, he’s gone from inventing software to inventing a new kind of cryptocurrency he’s dubbed Ghost Coin, and already the currency seems to be garnering mainstream attention from companies like Disney.John McAfee Is Meandering Through the Crypto Space… AgainGhost Coin is a privacy-focused coin that went live in late June of this year. The currency is designed to give all users complete anonymity. Aside from the asset itself,...
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