The geopolitical tensions are high as Iran said that it will no longer abide by uranium enrichment limits and Donald Trump has claimed to attack them like “they’ve never been before”.While this is happening, WTI oil prices increased by as much as 2% overnight (and it is quite impressive, right?) as Brent Crude topped $70 per barrel. Since September this is the first time that such a situation has happened. Also, it’s worth mentioning that gold managed to almost reach $1,600/ounce which is the...
Read More »CES 2020: Lora DiCarlo Sex Toys Show Amazing Sales despite Moral Objections
Lora Haddock was banned from the Consumer Electronics Show. This year, she returns with more toys while the morale fans keeping calm.Sex Toys Industry Significantly Evolved during 2019The company has introduced its products to women at the beginning of 2019. But the Consumer Technology Association has revoked the award from the tech startup called Lora DiCarlo. They thought that it is not an innovation in the pleasure industry, but just a new generation of vibrators.However, the sales stats...
Read More »Arcane Research: Bitcoin Trading Is Too Low
Bitcoin has had something of a shaky start in 2020, but the currency has managed to remain above the $7,000 line, which is always a good thing.Bitcoin Trading Volume Isn’t High EnoughAccording to one source, however, cryptocurrency enthusiasts and analysts are focusing too much on the movement of the price and not enough on the daily doings that occur behind closed doors. It points out that bitcoin volumes are as low as they were in April of last year, which could lead to an increase in...
Read More »Ripple Price Analysis: XRP Smashes $0.20 Level As Bulls Seemingly Take Control
XRP finally broke the previous trading range with a superb 10.5% price hike over the past 24 hours.Against BTC, XRP surged past 2700 SAT and met 2900 SAT.XRP must still break above the resistance at $0.234 to turn bullish over a longer period.Key Support & Resistance LevelsXRP/USDSupport: $0.21, $0.20, $0.1850 Resistance: $0.22, $0.2283, $0.2345, $0.26..XRP/BTC:Support: 2800 SAT, 2750 SAT, 2710 SAT, 2600 SAT.Resistance: 2900 SAT, 3000 SAT, 3200 SAT.XRP/USD: XRP Smashes Above The $0.20...
Read More »Buying Perception: Bitcoin Propaganda War Hits Reddit
Microtask workers were employed to pump the visibility of a post made to the r/btc subreddit, screenshots reveal. Propaganda battle continues between two deeply oppositional groups in the cryptocurrency space. Bitcoin’s scaling debate continues to make itself felt. Bitcoin’s ongoing faction wars spilled over onto Reddit this week when screenshots revealed people had been paid to upvote specific posts on the r/btc subreddit.Screengrabs from Microworkers.com shows someone paid to boost the...
Read More »Ethereum Price Analysis: ETH Soars Above Important Resistance, Is $152 In Sight?
Ethereum saw a strong 5% price surge over the past 24 hours as the cryptocurrency trades at $142.Against BTC, ETH finally broke above the resistance at 0.0184 BTC, clearing the way to head toward 0.020 BTC.Ethereum also managed to break above the sideways trading range at $135 as it heads toward $150.Key Support & Resistance LevelsETH/USDSupport: $133.50, $128, $120.Resistance: $145, $152, $158.ETH/BTC:Support: 0.0185 BTC, 0.018 BTC, 0.0171 BTC.Resistance: 0.019 BTC, 0.0198 BTC, 0.0204...
Read More »Week in Review: The Bitcoin Price Has Experienced Ups and Downs
At the time of writing, bitcoin – the number one cryptocurrency by market cap – is trading above $7,400, which is the highest it’s been in the new year and the highest it’s been in a while.Things Are Both Shaky and Stable for BitcoinTo say things have gotten off to a rocky start for bitcoin in 2020 would be a bit of an understatement. While the currency did begin above $7,000, enthusiasts and traders everywhere got a bit of a scare when two days later, the currency fell into the $6,000 range...
Read More »Bitcoin Price Analysis: BTC Reaches 14-Days High, But The Real Test Hadn’t Started Yet
So far, the new decade is in favor of Bitcoin’s Bulls. Following the break-out from two days ago, the price finally managed to get over the $7300 – $7400 resistance area, while setting a new 2-week high at $7600 (Bitstamp), as of writing these lines.While the global stock markets are seeing heavy red, Bitcoin is enjoying the war talks between the US and Iran, following the death of General Soleimani by the US.As can be seen on the following 4-hour chart, over the past days Bitcoin had been...
Read More »U.S.-Iranian Conflict Leads to Bitcoin and Gold Price Growth, Says Mike Novogratz
Recently, the crypto community has been observing the rapid growth of Bitcoin prices. Besides, gold is also enjoying a price increase. As Galaxy Digital CEO and founder Mike Novogratz believes, this good performance is a result of the U.S.-Iranian conflict. At the very beginning of 2020, the U.S.-Iranian conflict escalated. As a result, fears of a new war raised. The current political uncertainty has led to Bitcoin surging by more than five percent several hours after the U.S. airstrike...
Read More »Qatar’s Financial Authorities Ultimately Ban Cryptocurrencies and Derivatives
The Qatar Financial Centre (QFC) said that locals will not be eligible to use virtual assets of any kind (including, but not limited to cryptocurrencies) in 2020.Officials: Anything of Value Can be Considered as CryptocurrencyFinancial regulators of Qatar didn’t see much positive in the blockchain technology over the past years. This is seen from the intent to ban cryptocurrency usage in the country. But not only cryptocurrencies – the new law will mark as prohibited anything “of value that...
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