Crypto news

XRP saw a 1.5% price drop over the past week as the bulls failed to defend the $0.2 level, and failed to close above over the past three consecutive daily candlesAgainst Bitcoin, XRP continues its recovery attempt from the 2-year lows as it edges toward the 2200 SAT levelKey Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Losing The $0.2...

The past 24 hours have been relatively calm for the leading cryptocurrencies by market capitalization. As of writing these lines, Bitcoin is trading today in a tight range around $9,200.From a technical standpoint, the range between $9,200 – $9,300 is the first significant resistance level for the primary cryptocurrency. If it breaks it successfully, then BTC would have to conquer $9,500, $9,600, and $9,800 as the next resistance levels, on its way to test the psychological mark of $10,000...

TL;DR:Digibyte continued to gain momentum after increasing by 13% over the past day, which indicates a 3-day 60% price gains.After bouncing back from a 2-week low, DGB broke above immediate resistance and might look above for further bullish targetsDGB/USD: Digibyte Eyeing $0.0267 Resistance On Short-TermKey Resistance Levels: $0.0232, $0.0267, $0.030Key Support Levels: $0.0193, $0.017, $0.013While many altcoins saw major descending correction since Bitcoin halving took place almost two weeks...

[PRESS RELEASE – Please see disclaimer]Cryptocurrency p2p exchange is getting more and more popular in different regions and one of the main ones in Africa. Bitzlato, whose country seat used to be CIS is looking forward to extending it’s first-class services in p2p trading to the new region – Africa, starting with Kenya!Bitzlato is a great example of a modern, user-friendly, and advantageous p2p platform.In 2016 the company introduced a brand-new generation of p2p platforms which became even...

The large American multinational investment bank Goldman Sachs will host a conference call regarding Bitcoin, gold, and inflation. While precise information on the call’s content is limited, the massive bank appears to be the latest Wall Street-based entity to acknowledge the primary cryptocurrency.Goldman Sachs To Talk About BitcoinAccording to the invitation, the event will take place on May 27th, and it’s called “US Economic Outlook & Implications of Current Policies for Inflation,...

Yesterday was Bitcoin Pizza Day. Traders and crypto enthusiasts around the world celebrated by snacking and munching on pizza not necessarily because it’s so good, but because it’s part of a now ten-year tradition that many industry players like to celebrate.Bitcoin Pizza Day Has ArrivedMay 22, 2010 was a monumental day in most crypto enthusiasts’ eyes given that it was the first time an official purchase was made with bitcoin. The currency, like all digital assets, was initially created to...

Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization.In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its market cap continuously dropping. Earlier this month, Ripple recorded its lowest 2-year price against Bitcoin.Tether Surpassing Ripple By Market Cap....

Apparently, not all mining companies are in good shape. Canaan Creative – the largest mining facility in China after Bitmain – has announced that sales seriously dropped during quarter one of 2020, and that the company has lost nearly $6 million despite significantly lowering prices on all its mining equipment.Canaan Creative Takes a Nasty HitIn all, Canaan has lowered the prices of all its mining machines by half in the past few months, but this hasn’t been enough to keep revenue streams...

Out of the blue yesterday, bitcoin suddenly got it into its head that it needed to take a sharp nosedive.Bitcoin Takes a Trip Down SouthEveryone is talking about the flash crash that bitcoin has endured. Without warning, the currency fell as low as $8,700, slicing off several hundred dollars from its price in just a matter of hours. At the time of writing, the currency has settled back in the $9,100 range.It’s good to know that the currency is comfortably positioned above $9,000, which has...

The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3 of 2020. From that moment on, things promise to get interesting.At one point, we will see two Ethereum blockchains existing at the same time. Initially, the ETH 2.0 token will be practically useless for anything beyond staking, with zero transaction capabilities – exchanges won’t even list it, and it’s unlikely that it will even have a price.On top of that, the current Ethereum...