Crypto news

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe application for launching the ETF for the BTC called back againCME Group started trading options for the BTCOn W1 of the Bitcoin, there begin ascending dynamics after a breakout of the resistance line of the 6-months descending channel. It is too early to say this impulse can renew the high. First of all, we should consider a move to the long-term resistance line at $11500.00. All said above, the Stochastic and MACD...

The cryptocurrency market has started 2020 with a huge bang, expanding by an impressive 23% within the first two weeks of the year. The overall market capitalization of the cryptocurrency market – a measure of the size of the market – has grown from $192 billion at the start of the year, to well over $240 billion by the middle of January.BitcoinLeading the pack is Bitcoin (BTC), which constitutes more than 65% of the overall market size. Going from just under $7,200 at the end of 2019 to a...

The bitcoin rally is making many crypto investors euphoric. An economist ran a poll to check on the pulse of the BTC market. An ultra bullish atmosphere may be a sign that a trend reversal is incoming. Over the last couple of weeks, bitcoin has been slaying bears and disbelievers. On Tuesday, bitcoin printed a fresh 2020 high of $8,903.20. The crypto token’s renewed bullish vigor is driving many retail investors into euphoria. One retail trader is already predicting...

The Sacramento Kings launched a blockchain-powered app that allows fans to bid on game-worn gear. NBA is at the forefront of crypto adoption in professional sports. The Kings must start winning big games to help raise awareness of the potential of blockchain technology. Many people think that cryptocurrencies only serve as an alternative payment option. While there are coins that fit this bill, there are other cryptocurrencies that can perform a host of other...

[PRESS RELEASE – Please read disclaimer] IQN is a digital asset based on the Ethereum blockchain which can be bought or sold on Yobit, Exrates, ForkDelta, Token Store and some other crypto exchanges. IQN is supported by MetaMask, Trust Wallet, Atomic Wallet, imToken, Freewallet and Trezor wallets.The gaming PvP platform IQeon.com appeared to be the first platform allowing us to conduct transactions with a digital asset. Here, users can participate in game matchups and get a reward in IQN...

Leading US cryptocurrency exchange and custodian, Gemini Trust Company, has taken a strategic step to provide robust coverage for the cryptocurrencies in its custody.Gemini Takes An Extra StepOwned by the Winklevoss twins, Cameron and Tyler, the exchange announced Thursday that it had launched its captive insurance firm, Nakamoto Ltd., to secure Gemini Custody, the company’s arm that stores customer’s digital assets, against theft.This development now allows Gemini’s customers to purchase...

Crypto exchange platforms provide a crucial segment in the wider community as it allows the public to have access to cryptocurrencies. Unlike the stock and Forex markets, the crypto market is open 24/7 and cryptocurrency exchanges facilitate this. There are only four ways through which the public can have access to cryptocurrencies:MiningICO or IEOBuying through an exchangeAccepting cryptocurrency payments for your businessThe easiest way is buying from an exchange platform since mining...

Ripple CEO Brad Garlinghouse has once again spoken about XRP and why it should not be classified as a security. XRP is the third-largest digital asset by market cap currently trading at $0.227. The asset has, however, had a rough time with regulatory authorities on the topic of its proper classification. While there has been no official ruling yet, the CEO is unwavering about XRP’s status.The XRP LawsuitFor a while now, Ripple has been stuck in a class-action lawsuit to determine XRP’s...

App stores have broken records. Users set a record of 204 billion downloads in 2019. This is up 6% from 2018 and 45% from 2016. $120 billion was spent on subscriptions “in-app” by users. The average user is spending about 3.7 hours daily using apps. App Annie’s State of the Mobile report has indicated this recently. The report demonstrates mobile app usage trends and also forecasts future data.According to the report, emerging economies led to this growth. India, Brazil, and Indonesia are...

The global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving Mobileye has long been competing with such companies as Waymo, Velodyne Lidar, Oryx, and more. And there is no surprise as this industry requires a quick reaction to constantly changing demands. Mobileye aims to surpass Waymo and other players, therefore, the company is bringing the big guns. Mobileye has decided to deploy commercial robotaxi services and focus more on its...