Bitcoin’s price has been recovering steadily since the crash in mid-March. With it, most of the altcoins are also growing, charting notable increases altogether. However, BTC is also taking over the market as its dominance has been going up continuously.Bitcoin Dominance Highest Since January 2020Bitcoin’s dominance is the index that measures the cryptocurrency’s relative share of the entire market. At the time of this writing, it stands at 66.02%, and it hasn’t been higher than this since...
Read More »Ripple Becomes A Member Of The Global ISO 20022 Standards Body
Ripple has reportedly become the first blockchain-focused member of the emerging global ISO 20022 Standards Body. Thus, the firm has joined the likes of payment processing entities such as Visa and Swift, and numerous international commercial and central banks.Ripple Joins ISO 20022The firm behind the third-largest cryptocurrency by market cap (XRP) announced recently becoming a part of the ISO 20022 Standards Body. Moreover, Ripple claims that it’s the “first member focused on Distributed...
Read More »Bittrex Global To Launch Exchange Token In June, Will First List EURO Stablecoin
The popular cryptocurrency trading platform, Bittrex Global, will soon join the bandwagon of exchanges with native tokens. Bittrex plans to launch an exchange token for its platform next month, according to a recent teaser shared by the company.Bittrex To Launch Its Native Token In JuneAlthough the exchange did not provide more details about the upcoming token, the native currency will be listed in June. Such cryptocurrencies are created to fuel the operations of a crypto platform and its...
Read More »Cardano (ADA) Price Analysis: Bulls Eyeing Upside Break Above $0.05
ADA price is trading nicely in a bullish zone above the $0.0450 pivot level against the US Dollar.It is now approaching a major resistance zone near the $0.0495 and $0.0500 levels.There is a major contracting triangle forming with resistance near $0.0495 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.0500 resistance or correct towards the $0.0400 support.Cardano price is currently consolidating below key resistances against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: The Triangle Formation Can Send BTC To $10K Or $8K, Breakout Soon? (UPDATED)
Over the past two days, Bitcoin price seems to be consolidated in a triangle pattern, as can be seen below on the following shorter timeframe chart (the 4-hour).The symmetrical triangle consolidates around the $9000 benchmark, where its apex is anticipated somewhere in the next day. However, as we learned before, Bitcoin might break of the pattern even before reaching the apex.Overall, there is an ongoing ‘fight’ between the buyers and the sellers that will get even more exciting as we are...
Read More »#875 BTC Dump nach Halving, Warnung vor Kryptos in Mexiko & Zentralbank Niederlande Krypto Ultimatum
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 875. Heute sprechen wir über folgende Themen: Mehrheit der BTC Investoren glaubt an einen Dump nach Halving, Halte dich fern von Kryptos in Mexiko & Zentralbank Niederlande Krypto Ultimatum. 1.) Majority of Bitcoin Investors Believe Price Will Dump Post-Halvinghttps://www.cryptoglobe.com/latest/2020/05/majority-of-bitcoin-investors-believe-price-will-dump-post-halving/ 2.) Research Center in Mexico Warns...
Read More »Bitcoin Price Analysis: BTC Primed To Rally Past $9,200
Bitcoin price is currently consolidating gains above the $8,520 pivot level against the US Dollar.It is currently facing a major resistance near the $9,100 and $9,200 levels.There is a major contracting triangle forming with resistance near $9,110 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could start a strong rally if there is a clear break above $9,100 and $9,200.Bitcoin price is showing bullish signs above $8,800 and $8,520 against the US Dollar. BTC is...
Read More »Binance Praises Libra, Says It Will Revolutionize Payments
Binance – the world’s largest and most popular cryptocurrency exchange by trading volume – has issued a new report praising Libra.Libra Gets Touted by a Major ExchangeThe exchange refers to Libra as a “gamechanger” in the payments industry and believes that it could potentially bring financial services to people who would otherwise always be cut out by banks and traditional finance institutions. The report explains:It is important to note that there are very few payment systems, and most of...
Read More »Core Update? YouTube Is Shadow-banning Bitcoin Related Videos, According To Popular Crypto Channels
Some of the most popular cryptocurrency-related channels on YouTube indicated that the giant video platform is shadowbanning Bitcoin videos. Several YouTubers complained that the new practice began two days ago, which coincides with a recent core update from Google.YouTube Reportedly Shadowbanning Bitcoin VideosThe most widely used video-sharing platform has a continuous quarrel with cryptocurrency content creators. The so-called “Crypto Purge” popped initially late 2019, when YouTube began...
Read More »Libra Association Gets New Member in Checkout.com
The Libra Association has garnered a new addition to its family in the form of Checkout.com.Libra Is Growing AgainThe company announced last Tuesday that it would step aboard the Libra Association and serve as a governing member. In the future, Checkout.com will serve as one of the Libra leaders and help the organization assert governing regulations for how the currency can be used and what it can be used on.In a statement, the company announced:The Libra project holds the promise of...
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