XRP has found some solid support at $0.227 which is preventing an extended bearish trend from formingThe cryptocurrency lost a total of 16% over the past 7-days before reaching the aforementioned supportAgainst Bitcoin, XRP is holding strong as it remains above the 2600 SAT levelKey Support & Resistance LevelsXRP/USD:Support: $0.227, $0.22, $0.21.Resistance: $0.235, $0.245, $0.25.XRP/BTC:Support: 2640 SAT, 2600 SAT, 2550 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD: Ripple Finds...
Read More »Ripple Price Analysis: Can XRP Hold This Key Support?
Ripple price declined heavily below the $0.2640 support zone against the US dollar.The price is currently consolidating above the key $0.2215 support level.There is a major bearish trend line forming with resistance near $0.2375 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2375 and $0.2465 to start a decent recovery in the coming sessions.Ripple price is currently consolidating above $0.2200 against the US Dollar. XRP price remains at a risk...
Read More »#824 Crypto Rockstars Cruise, Bitcoin und der Aktiencrash & Ripple und Stablecoins auf XRP
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 824. Heute sprechen wir über folgende Themen: Crypto Rockstars Cruise, Bitcoin und der Aktiencrash & Ripple und Stablecoins auf XRP. 1.) Crypto Rockstars DLT & BLOCKCHAIN Cruise 23.05.20 in Köln – 20% Rabatt mit Code: CRC2020_BITCOININFORMANT – https://crypto-rockstars.com/ 2.) Bitcoin und der Aktiencrash: 694.573.873 BTC in 1 Woche...
Read More »Wall Street’s Meltdown Caused The Bitcoin Price Drop, Michael Novogratz Says
It’s safe to say that the past week was one of the worst for Wall Street and the global financial markets. The S&P 500 marked its quickest correction in history while other major indexes were also bleeding heavily. Bitcoin wasn’t left out, as the cryptocurrency lost a substantial chunk of its value. According to Michael Novogratz, there was a relation between both.Wall Street’s MeltdownGlobal stock markets took a beating in the last ten days of February. The S&P 500 lost about 12...
Read More »Stock Market Lost Value of 33 Bitcoin Markets in One Week
Stock market and Bitcoin volatility are bad but holding the fiat currency or average altcoin is even worse. Dow, S&;P 500 markets are falling during the fears that coronavirus stops supply chains. Where are investors putting their money power to avoid risk?The stock market had lost more than 3,6 trillion USD or the equivalent of 694 573 870 Bitcoin. The total mass of Bitcoins that can be in circulation is 21 million. We can say that the fair lost 33 Bitcoin markets. Each one has 16-21...
Read More »Ella Qiang Becomes the Latest “Family Member” of the Bitcoin Association
The Bitcoin Association has hired Ella Qiang as its new manager in Asia.Ella Qiang – the Newest Addition to the Bitcoin Association FamilyQiang will be based in Singapore and help expand the goals and protocols of bitcoin SV (BSV), which stands for Bitcoin Satoshi Vision. The currency has only been around for 1.5 years, yet it’s been a major focal point of controversy since it first emerged on the scene.Known as the little brother of bitcoin cash (BCH), which itself was the result of a...
Read More »Bitcoin Spikes to $8,600; Is the Asset Recovering?
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $8,700.Bitcoin – On a Path to Recovery?Yesterday, the asset was trading at a measly $8,300, the lowest it has been in some time. Thus, the currency has shot up by more than $300 in just 24 hours. Not only is this good news, but it also suggests some truth to a recent piece suggesting that bitcoin, despite all the global problems it was facing, would not fall below the $8,200 line...
Read More »Square Records Heavy BTC Business in 2019
Jack Dorsey’s Square recorded more than $150 million in bitcoin revenue during the final three months of 2019. Dorsey and his company have long been hardcore bitcoin and crypto advocates, with Square ultimately forming its own digital asset division known as Square Crypto.Dorsey and Square Bring in Big BucksThe amount of BTC-based money recorded by Square is upwards of $178 million in total, while Square itself was able to pocket about $3 million in bitcoin revenue. That’s about a 50 percent...
Read More »Opinion: How Blockchain Will Power The Electricity Grid of The Future
Earlier this month, under its “The Future of Everything” vertical, The Wall Street Journal reported how AI is improving the power grid. The Journal says artificial intelligence is “the key to keeping the lights on.” The article explains how power companies are “turning to AI, drones, and sensors to curtail outages, save money, and help operate an increasingly complex electricity grid.”Further, by doing so, they cut the recovery time from hurricane-related outages nearly in half in just a...
Read More »Unbound Tech Upgrades Its Digital Asset Custodial Solution and Targets Institutional Clients
Unbound Tech’s all-in-one security solution enables fast transaction signing and scalable, risk-based approval policies, and is being used by the likes of digital asset exchanges Liquid and Archax.Unbound Tech, an encryption key management company backed by the likes of Goldman Sachs (GS:NYSE) and Citigroup (C:NYSE), has announced a major upgrade of its Crypto Asset Security Platform (CASP) which it says “directly answers the security and trust needs of large institutions wishing to adopt...
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