Crypto news

XRP saw a tiny 0.6% price increase today as it continues to trade within the descending triangle pattern.The cryptocurrency has been trapped within the triangle for the past five weeks of trading.Against Bitcoin, XRP continues to struggle as it trades at the 2-year low level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Trades...

SAMA, the Saudi Arabian Monetary Authority, has recently tapped blockchain technology to execute money transfers and deposits. The step is part of the financial authority’s plan to keep up with the trend of digital currencies.Keeping Up The Pace With BlockchainThe institution is about to put the relatively novel blockchain technology to the best use, to go with the flow alongside the digital financial world. SAMA has started a new chapter in its modern development, by deploying blockchain for...

Tron reached $0.0185 ~ 192 SAT after gaining almost 30% in a month.It may reclaim yearly high if buyers continue to show commitment in the mid-term.The increase follows Justin Sun’s announcement about the upcoming TRON 4.0 launch in July.TRX/USD: Tron Faces March’s ResistanceKey Resistance Levels: $0.0214, $0.0227, $0.0265Key Support Levels: $0.0167, $0.014, $0.012TRX/USD. Source: TradingViewFollowing Tron’s recovery from the $0.008 low in March, the price reached a two-month high of $0.0162...

China Zheshang Bank (CZB) – a national joint-stock commercial bank based in the Zhejiang province – has employed blockchain technology to bring an asset-backed commercial paper (ABCP) to the Chinese financial market. Competed last week, the issue was worth nearly $17 billion.A Chinese Bank Employs BlockchainCZB successfully executed the issue called “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper” on June 5th, a local report informs. It became the country’s first ABCP and one...

Non-Fungible Token to optimize the music industry and copyright protection processesWhen studying the world of cryptocurrencies it is essential to take into consideration, and never give up on this focal point, the reason why you intend to join it. Many people lose sight of this aim, tempted by false myths, by the stories that are told about it, or by the popularity that a project comes to obtain. However, they forget the roots. The why is as important as the how. Maybe even more. Emptied of...

Recent data indicates that Bitcoin transaction fees have been decreasing after the post-halving peak, while Ethereum fees are on the rise. As such, the total amount in fees spent on the Ethereum network has surpassed Bitcoin’s, and the gap continues to grow.The “Feepening” Ethereum Vs. BitcoinAccording to information from the cryptocurrency data company Glassnode, the daily Ethereum network fees surpassed Bitcoin’s on June 5th for just the second time this year. At that point, the amounts...

Yesterday, Bitcoin closed another weekly candle – the first week of June. During the past week, the price had gone through extreme volatility ($9100 – $10,500); however, there is good and bad news following the weekly close.The good news is that the weekly candle ended green while holding the long-term support at the ascending line started forming in January 2015. The weekly low was $9135 on Bitstamp, as seen on the following chart.The bad news is that the weekly candle could not close above...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 898. Heute sprechen wir über folgende Themen: Ethereum Kurs von 9.000 USD im nächsten Bullrun, Brave sorgt für Eklat mit Affiliate Links & Block.one startet Blockchain Social Media Plattform früher. Die heutige Show wird gesponsert von Bitwala – Erhalte 35 Euro für dein kostenloses Konto inkl. Debit Masterkarte und Bitcoin Wallet – http://bit.ly/Bitwala-Blockchain-Banking-Berlin 1.) Ethereum Kurs von 9.000...

Stellar lumen price is trading in a bullish zone above the $0.0750 resistance level against the US Dollar.XLM price is likely to surge higher if it clears the $0.0800 and $0.0828 resistance levels.There is a major breakout pattern forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The pair could rise sharply unless it fails to stay above the $0.0750 support zone.Stellar lumen price is trading in an uptrend above $0.0750 against the US Dollar, similar to bitcoin....

The last year saw a lot of crypto controversies with various social media platforms, including Facebook, Twitter, and YouTube. This led to a serious call for a decentralized solution where no single authority will have the capacity to censor content.In an attempt to answer some of these calls, the publisher of EOS, Block.one, announced the development of Voice – a blockchain-based social media platform intended to deliver transparency and to put the control back in users.What is Voice?Voice...