Legacy markets have almost entirely recovered from their sharp downturn in the middle of March. It appears that the adverse effects of the novel coronavirus COVID-19 are well behind. Despite the doom-and-gloom predictions of many economists, major indices are going up steadily.The S&P 500 Down Just 10% From Its February LevelsThe S&P 500 is currently trading at above 3,000 basis points, charting an increase of about 2% on the day. More interestingly, it’s down only about 11% from its...
Read More »Facebook Rebrands Its Calibra Wallet: It’s Now Known as Novi
Facebook continues with the reforms to its future cryptocurrency project as Libra’s wallet provider Calibra has been rebranded to Novi. Despite the name change, though, the subsidiary of Facebook will not revise any of its long-term commitments and goals.Calibra Becomes NoviFacebook introduced today the new name Novi, inspired by the Latin words “novus” for “new” and “via” for “way.” David Marcus, co-creator and board member of Libra, said the name change was necessary because “there was more...
Read More »Ripple Price Analysis: XRP Consolidates Around $0.2 But Decision Time Is Near, What’s Next?
XRP dropped by a small 1.5% over the past 24 hours as it falls back into the $0.192 support.The cryptocurrency has now formed a very acute descending triangle formation.Against Bitcoin, the XRP recovery continues but is finding some resistance at the 2200 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2150 SAT, 2100 SAT, 2070 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD – XRP Forms Acute...
Read More »Transferwise startet in der Schweiz
Die Smartphone App von TransferWise funktioniert sehr zuverlässig und schnell. Da können sich noch manche Neobanken ein Stück abschneiden. Es ist möglich eine App zu programmieren, die funktioniert, wenn man diese vorher auf verschiedenen Systemen und Geräten testet! ;) TransferWise sei besser als Bitcoin, sagen einige und mittlerweile gehört Transferwise zu den führenden...
Read More »Tezos-Stiftung stärkt Governance und besetzt Leitungsfunktionen
Die Tezos Foundation ist eine schweizerische Non-Profit-Organisation mit Sitz in Zug. Es ist die einzige grosse Blockchain-Stiftung, die mit einer «Big-4»-Wirtschaftsprüfungsgesellschaften zusammenarbeitet. Die Tezos Foundation hat ihre Governance-Struktur angepasst. Die Rolle des Präsidenten, der bisher sowohl strategische als auch operative Funktionen innehatte, wird aufgeteilt. Neuer Vorsitzender des Stiftungsrats ist Hubertus...
Read More »Indian Cryptocurrency Exchange Secures $2.5M Funding As RBI Confirms Crypto Traders Can Open Bank Accounts
One of India’s leading cryptocurrency exchanges, CoinDCX, has secured $2.5 million as part of a move, aiming to give a thrust to further cryptocurrency adoption in the country. The investment is led by Polychain Capital and supported by Coinbase Ventures as well.A Bold Effort To Increase Crypto Users In India To 50 MillionThere’s the idea that the financing of the project might be useful in supporting and boosting CoinDCX’s events, community engagements, crypto educational programs, and...
Read More »Krypto auf der grossen Leinwand: Bitcoins Image in Filmen
Ein klassisches Phänomen bei Filmen auf der grossen Leinwand: Dinge werden gerne ein wenig überspitzt dargestellt. Dasselbe gilt auch für Kryptowährungen. In Filmen und Serien werden Bitcoin und Co. als mysteriöse Cyberwährungen dargestellt, die nur dafür genutzt werden, krumme Geschäfte im Darkweb abzuschliessen. Wer Bitcoin besitzt, ist in den Streifen oftmals schon ein Verdächtiger. Im realen Leben sieht das natürlich ganz anders aus. Bitcoin sind eine interessante...
Read More »Chainlink Price Analysis: LINK Bulls Paused Under an Important Resistance Despite Showing Strenght Against Bitcoin
The price is slowly breaking away from a 2-month channel as bullish action holds.While Chainlink struggles below the key resistance level, the price is currently looking indecisive on the daily chart.LINK/USD: Chainlink Remains In A Tight RangeKey Resistance Levels: $4.3, $4.5, $4.9Key Support Levels: $3.3, $3, $2.52LINK/USD. Source: TradingViewChainlink continued to maintain a sideways movement for the past weeks, leaving the market in an indecisive stage. The price failed to resume its...
Read More »Yobit Beginner’s Guide & Exchange Review
Yobit is a well-known cryptocurrency exchange created by a group of European developers back in 2014. The company is officially incorporated in Panama.The platform requires no Know-Your-Customer verification, and registering an account with them is quick and easy. It offers a variety of different cryptocurrency pairs and boasts a large community on Telegram as their English chat has almost 80,000 people in it.Unlike a lot of the exchanges, Yobit support staff is reachable on Telegram, making...
Read More »Tron (TRX) Price Analysis: This Resistance Zone Holds Key For Next Move
Tron price is facing a couple of key hurdles near the $0.0150 and $0.0154 levels against the US Dollar.TRX price could start a fresh rally if it breaks the $0.0154 resistance zone in the near term.There is a major contracting triangle forming with resistance near $0.0150 on the 4-hours chart (data feed via Bitfinex).The price might decline steadily as long as it is below the $0.0154 resistance zone.TRON price is struggling to gain bullish momentum against the US Dollar, similar to bitcoin....
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