PewDiePie’s credibility is in question after he shamelessly plugged a rather dubious cryptocurrency project DLive claims to be blockchain-based but their proprietary currency has some major issues If you blindly trust everything that Felix Kjellberg says you need to re-evaluate your priorities Swedish digital influencer Felix ‘PewDiePie’ Kjellberg is almost certainly not short of cash. But that didn’t stop the YouTube superstar from shilling a rather sketchy...
Read More »Is Chainlink Outperforming Bitcoin?
Bitcoin, for the most part, has been rather bullish during the start of the new year, but there’s one cryptocurrency – Chain Link – that some sources say is doing much better.Chain Link Is Doing Quite WellBitcoin initially began the year over $7,000. It later fell back into the $6,000 range (albeit briefly) before a military drone strike in Iran by U.S. forces led bitcoin into what is considered the first bull rally the coin has experienced in roughly two months. It has been jumping by...
Read More »Is FAANG to Become FAAMGT in 2020s?
Recently, the new fintech terms came to town. We are already used to certain terms such as FAANG, FANG and even FAAMNG. When it comes to stocks, and especially technology-related ones, the times are certainly “a-changing”.2020 began already as a pretty turbulent one. With great geopolitical tensions, an unsure trade deal between the U.S. and China, Donald Trump’s impeachment (moreover, Meghan and Harry are leaving the Crown) – it seems that there is going to be a pretty tough year for big...
Read More »Bitfinex Gets Recent Lawsuit Refiled to Another Court
On 8 January, a day after the document is taken from the court, two plaintiffs sent a lawsuit against iFinex Inc., Bitfinex and Tether to another court. This lawsuit travels from Washington to New York, according to the Block.Bitfinex Has Three Weighty Cases against ItselfThe Western District Court in Washington gave the case back to Eric Young and Adam Kurtz, the crypto traders standing behind the third lawsuit against Tether. Despite yesterday’s news, the lawsuit was filed again, this time...
Read More »JPMorgan Chase: CME Group Will Do the Most for the BTC Futures Space
Executives of JPMorgan Chase & Co. believe that CME Group is going to be the company that dominates the bitcoin futures contracts arena.CME Group Is Heading the MarchAs we all know, other markets have opened the doorway to bitcoin futures trading in the past, a big example being Bakkt which began business in September 2019 after a long year of delays. The platform experienced a rather lackluster debut and is widely considered to be the reason for bitcoin’s dismal price performance just...
Read More »Ripple Consolidates Above $0.21 As Bitcoin Fails To Reclaim $8,300: XRP Price Analysis
XRP continues to hold strong as it trades sideways along with the $0.21 level.Against BTC, it managed to climb back above the 2600 SAT level but the bulls look pretty weak.The RSI remains above the 50 level which shows that the momentum remains in the hands of the bulls at this moment in time.Key Support & Resistance LevelsXRP/USDSupport: $0.21, $0.20, $0.1850 Resistance: $0.22, $0.2283, $0.2345, $0.25.XRP/BTC:Support: 2600 SAT, 2350 SAT, 2455 SAT.Resistance: 2710 SAT, 2800 SAT, 2900...
Read More »Everest Group Explores 12 Platforms in Its Enterprise Blockchain Readiness Report
Management consulting and research firm Everest Group has released a new market report focusing on the future of blockchain. The report, entitled “BigTech Battle: Assessing Managed Blockchain Platform Readiness for Enterprise Use,” addresses a number of major players developing blockchain projects, including Hewlett Packard, IBM, and Microsoft.The report cites Jelurida’s Ardor blockchain-as-a-service platform, alongside Multichain’s Enterprise, as two technologies with favorable ease of...
Read More »TRON’s Justin Sun Teases Secret ‘Multibillion Benefits’ Project
TRON (TRX) CEO Justin Sun teased a new secret project which would bring in at least 100 million new users. Sun also promised his new DLive and BitTorrent project would bring “multibillion benefits” to the TRON ecosystem. Reaction to Sun’s tweet was healthily skeptical, given the founder’s long history of baseless predictions and promises. TRON founder Justin Sun is cooking up a secret project that will bring “multibillion benefits” to the TRX ecosystem. That’s...
Read More »Bitcoin And Everything It Has Done For The World So Far
Bitcoin had a quiet start 11 years ago but since then has implemented serious innovations within the financial world and has managed to leave a definitive mark. While some people debate over the incredible investment returns it has delivered over the past decade, the largest cryptocurrency also managed to disrupt the whole financial sector.Let’s dive into some of the changes that Bitcoin presented during its relatively short existence.Bitcoin PriceBitcoin’s price is one of the most discussed...
Read More »Bitcoin Or Fiat: Which One Is Used More For Illegal Activities?
Cryptocurrencies and illegal activities are often mentioned in the same sentence, especially by those who don’t support the idea of digital assets. Their anonymous nature leaves room for attacks that they are mostly used for similar transactions, but some reports might bring more light to the case.With this said, let’s find out whether or not Bitcoin is used for illicit activities more or cash remains king.What Is Used For Illegal Activities?Lawbreakers and offenders have existed long before...
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