Fresh trouble brews up for the TRON Foundation founder Justin Sun as two former employees sued him on charges of workplace hostility. The two employees Richard Hall, 50, and Lukasz Juraszek, 28, filed a lawsuit in the state of California last October 2019.These two employees were part of BitTorrent, a decentralized file-sharing platform acquired by TRON back in 2018. In the court document, the two employees wrote of escalating hostilities which thus resulted in their termination in the summer...
Read More »Visa, BNP Paribas Invest $80M into Fintech Startup Currencycloud
Recently, the UK fintech startup Currencycloud ran a series E funding round. Among the participants were Sapphire Ventures, Notion Capital, Anthemis, Accomplice, and Google’s venture wing GV. All of them supported Currencycloud earlier. Besides, the startup boasted it had attracted new investors. Visa, World Bank arm International Finance Corporation, BNP Paribas, Siam Commercial Bank and former Softbank spinoff SBI Group joined the round and invested as much as $80 million.The round has...
Read More »Justin Sun and Tron’s Use of Kobe Bryant’s Death For Self Promotion Drags Mixed Feelings From The Crypto Community
Yesterday, one of the most successful and popular basketball players, Kobe Bryant, met his tragic demise in a helicopter accident.While the world is mourning his passing, TRON’s Justin Sun quickly dedicated the next niTROn conference to the legendary player. However, the crypto community is divided in its reactions if this is genuine grief or marketing gimmickry.TRON Dedicates niTROn Summit To BryantKobe Bryant was a legendary former NBA player who spent his full twenty-year career at the Los...
Read More »Stellar Lumen (XLM) Price Sighting Crucial Bullish Break Above $0.060
Stellar lumen price is gaining bullish momentum above the $0.0550 resistance against the US Dollar.XLM price is likely sighting an important bullish above the $0.0600 resistance area.There is a key bearish trend line forming with resistance near $0.0592 on the 4-hours chart (data feed via Kraken).The pair start a strong rise once it settles above the $0.0595 and $0.0600 resistance levels.Stellar lumen price is showing many bullish signs against the US Dollar, similar to bitcoin. XLM is likely...
Read More »Ethereum Price Analysis: ETH Looks Primed To Test 200EMA Resistance At $173
Ethereum went through a 3% price increase over the past 24 hours after rebounding from support at the 100-days EMA.Against BTC, ETH has turned away from the resistance at the 100-days EMA and looks to trend lower with a bearish crossover signal on the Stochastic RSI.Ethereum has survived from dropping beneath the $158 level as it looks to re-test the 200-days EMA at $173.Key Support & Resistance LevelsETH/USDSupport: $165, $158, $145, $133.50.Resistance: $174, $181, $186,...
Read More »Bitcoin Price Analysis: Following $300 Daily Gains, Can The Bullish Momentum Drive BTC Beyond $9,000?
A quick update following yesterday’s analysis. As we mentioned here yesterday on the previous analysis – Bitcoin price’s recent correction down to $8200 was healthy (so far).Added to the above, is the fact that Bitcoin had found support precisely on the lower trend-line of the ascending channel, marked on the following 4-hour’s chart.Over the past 24 hours, we had seen Bitcoin gaining momentum to break above the mentioned $8400 – $8450 resistance, and quickly surging back to the $8600 support...
Read More »#799 Zentralbank gegen private Kryptos, Litecoin 1% Miner Abgabe & Dubai Crypto Valley
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 799. Heute sprechen wir über folgende Themen: Französische Zentralbank lehnt private Kryptowährungen ab, Litecoin 1% Miner Abgabe für Entwicklung & Dubai plant eigenes Crypto Valley. 1.) Französische Zentralbank lehnt private Kryptowährungen abhttps://coincierge.de/2020/franzoesische-zentralbank-lehnt-private-kryptowaehrungen-ab/ 2.) Litecoin Creator Proposes Miners Voluntarily Donate 1% for...
Read More »Ripple Price Analysis: XRP Remains In Uptrend And $0.25 Seems Imminent
Ripple price found support near the $0.2140 area and recently recovered nicely against the US dollar.The price seems to back in a positive zone above the $0.2200 resistance area.There was a break above a major bearish trend line with resistance near $0.2230 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher towards the $0.2440 and $0.2500 resistance levels in the near term.Ripple price is showing positive signs above $0.2200 against the...
Read More »Ripple Announces Massive Global Expansion for Its XRP Payments Network in 2020
Ripple, the company that actively uses the world’s third-largest cryptocurrency XRP in its solutions, is having big plans ahead this year in 2020. In the latest development, Ripple said that it plans to launch its XRP-based cross-border payments systems to global markets.In the newly released XRP Market Report, Ripple said that plans to bring XRP-based international payments to companies and individuals alike. Furthermore, the blockchain startup explained that XRP provides real-time gross...
Read More »It Doesn’t Look Like Libra Is On Track Anymore
For the longest time, executives of Libra have stated that users can expect a release date of 2020 for the coin. However, 2020 has finally arrived, and the project doesn’t look any closer to coming to fruition than it did roughly one year ago.Libra Could Be DelayedThe currency – first introduced in June of 2019 – has experienced its fair share of hard blows over the past seven months. For one thing, many people don’t trust the currency after all the dirt that’s gone down with Facebook, most...
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