Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH.Even though the continuously increasing interest towards stablecoins appears as a concern to some, Changpeng Zhao believes that they are still needed for mass adoption.Stablecoins’ Flip On The Ethereum NetworkYesterday, new research by Messari, found out that ETH is no longer carrying the most substantial transfer value on the Ethereum network as stablecoins have surpassed...
Read More »Ripple Price Analysis: Following 8% Weekly Gains, Did XRP Finally Find The 2020 Bottom Against Bitcoin?
TL;DRXRP increased by a further 1.33% over the past 24 hours, resulting in a weekly increase of over 8%.Against Bitcoin, XRP rebounded from the support at 2525 SAT as it looks to regain some of the January losses.XRP now faces strong resistance at $0.245 and must close above here to head toward the 200-days EMA.Key Support & Resistance LevelsXRP/USDSupport: $0.234, $0.218, $0.212.Resistance: $0.245, $0.25, $0.26.XRP/BTCSupport: 2525 SAT, 2455 SAT, 2423 SAT.Resistance: 2600 SAT, 2710 SAT,...
Read More »Bitcoin Price Analysis: $10,000 In Sight, However Bearish Divergence Might Ruin The Bulls Party?
Since Bitcoin broke firmly above the $9K price line last Tuesday, we saw the coin consolidating mostly inside the range of $9300 – $9400.The beautiful thing about Bitcoin is that its volatility will ever stay. It doesn’t really matter whether Bitcoin price is trading for $10, $100, or $9000.Yesterday we saw another volatile move a-la Bitcoin: in under 30 minutes, we saw Bitcoin dropping from $9450 to $9000, only to mark a new yearly high at $9570 not so long after.The day traders who had kept...
Read More »#803 Ethereum Classic Kursrallye, Kommt jetzt Bitcoin Dump & Virgil Griffith Gerichtsverhandlung
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 803. Heute sprechen wir über folgende Themen: Was steckt hinter Ethereum Classic Kursrallye, kommt jetzt der nächste Bitcoin Dump, Virgil Griffith Gerichtsverhandlung Nordkorea Sanktionen. 1.) Ethereum Classic steigt in kürzester Zeit 280% an – Was steckt hinter dieser Kursrallye?https://cryptomonday.de/ethereum-classic-steigt-in-kuerzester-zeit-280-an-was-steckt-hinter-dieser-kursrallye/ 2.) Dieser Faktor deutet...
Read More »Mercedes-Benz Is to Use Blockchain to Track CO2 Emissions in Cobalt Supply Chain
Mercedes-Benz will be employing the use of blockchain technology to track carbon emissions in cobalt supply after teaming up with Circulor, according to an official press statement.As part of the Ambition2039 project, Mercedes-Benz, according to its press release, has now made the identification of the next generation of automobiles, one of its highest on its priority list. And doing this means getting ahead of the lot in the application of new cutting edge technology.According to the...
Read More »XRP is a Scam, Claims Bitcoin Bull Ben Askren
As cryptocurrencies have grown, and people started to invest (and earn) bigger amounts of money, of course, that the regulators saw their chance to take something for themselves. By saying ‘something’ – it is usually meant of tax. One of the biggest regulatory arguments in the cryptocurrency space is concerning the legal status of digital assets. The regulators always want to describe every digital asset as a security or a commodity because then, they could tax it.However, XRP is one of the...
Read More »Bitcoin Cash Analysis: Geared Up For More Upsides Above $400
Bitcoin cash price is showing a lot of positive signs above the $360 and $350 supports against the US Dollar.The price is currently trading just below the key $400 and $405 resistance levels.There is a rising channel forming with support near $378 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start another surge once it clears the $400 resistance area.Bitcoin cash price is trading in a bullish zone above $360 against the US Dollar. BCH/USD is likely to...
Read More »Bill Gates Talks about Coronavirus-Like Epidemic in 2019 Netflix Documentary
When last year in November, a documentary series episode from Netflix called “The Next Pandemic” came out – nobody actually didn’t give it too much importance. However, only a month after – boy, how it started to be popular. The episode describes the ways how viruses are spreading and evolving into epidemic situations.The story starts with traveling across India, Egypt, the Democratic Republic of Congo, the United States and explains historical cases of pandemics like it was the Spanish flu...
Read More »Tesla Stock Outperforms Bitcoin as It Gains 10% after Impressive Earnings Report
Tesla stock is beating Bitcoin – and when we say “beating” we mean it. Bitcoin investors are surely not happy with this fact that Tesla is outperforming Bitcoin (except if they didn’t invest in Tesla as well). If we look at the exact figures starting from January 1, the Bitcoin price rose around 30% while Tesla went 38% up.New Record – AgainTesla stock wasn’t like this all the time. Just for the reminder, in November, when the famous Cybertruck was revealed (and smashed, but hey every PR is a...
Read More »Switzerland Town of Zermatt Permits BTC Tax Payments
Switzerland has always been one to open its heart to bitcoin and cryptocurrencies. In its latest maneuver of “digital love,” the ski resort Zermatt – based in Switzerland – has announced that it will now allow its residents to pay taxes in BTC.Zermatt Is Taking a Big Digital Step ForwardZermatt is a very small town, consisting of just over 5,000 souls, but that doesn’t mean it can’t make a difference in the world of digital finance. Bills for government services, work permits, and taxes can...
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