Crypto news

Among the top 20 cryptocurrencies, Litecoin is the best-performer after surging almost 15% under 24-hours.After correcting to $52 last weekend, buyers managed to keep Litecoin’s momentum alive.Litecoin’s latest surge allows trends in the same direction across trading pairs.LTC/USD: Litecoin Surged 15% To Overcome $64, Now Regrouping For More GainsKey Resistance Levels: $80, $100Key Support Levels: $64, $52Over the past few hours, Litcoin saw a sizeable increase after surging by about 15% to...

Tom Lee is a person who always gives positive price predictions when it comes to Bitcoin. But now, there’s a bunch of other people claiming that Bitcoin halving might be not good for the Bitcoin price dynamics.He thinks that the technical analysis, as well as the core principles of Bitcoin, show that the price should go up. His agency Fundstrat gains up to 193% of easy profits out of Bitcoin. Per Tom Lee:“Yes, 2020 should be great for Bitcoin. Because you got, number one the Halving happening...

30 January 2020, London: Trustology, a UK based FinTech company focused on providing high-end, insured custodial wallet solutions to secure and manage cryptoassets in real-time, today announced its partnership with Vectorspace AI to make it safer, faster and easier for token purchasers to send, receive and hold its VXV tokens using TrustVault.Use of TrustVault removes barriers to purchase as it offers buyers the institutional-grade security assurance and ease of use they expect when buying...

In an article, titled “The Sign of a Stabilizing Market: XRP Utility” that was published on Ripple‘s official website on Thursday, January 30, 2020, the company revealed that financial institutions are already utilizing the power of blockchain and digital asset technology. And there are tangible results to prove it.Ripple, the blockchain firm that actively uses the popular altcoin XRP in its solutions, has been in the news for a while now. Following a number of positive developments that...

An American technology leader IBM has shared positive news: IBM stock jumps 5%, which results from appointing a new CEO.On Thursday, IBM closed at $137.69 per share, 5% more than the day before. And it is continuing its growth, the price makes up $142.10.IBM stock jumps 5% after its announcement about the change in the board of directors. Arvind Krishna, the current IBM Senior Vice President for Cloud and Cognitive Software, will serve as CEO. Further, Jim Whitehurst, Red Hat’s former CEO,...

Michigan-based General Motors (GM) is turning heads with a new announcement. The automaker has announced that it will resurrect the popular Hummer truck, making it all-electric, and a lot more power-packed than previous offerings.The New GM HummerDescribing it as a “super truck”, GM has said that the new vehicle will be launched as a GMC. It will be called the GMC Hummer EV as it is an all-electric vehicle and will have improved torque and acceleration. The company says that the new GM Hummer...

Traders of Bitfinex got the ability to trade the stablecoin XAUT with a maximum of 5x leverage. Bitfinex also pumps up BTC/USD margin trading pair to the same maximum.Last week Bitfinex presented a new stablecoin Tether Gold. It is backed by the gold bars hidden in the unknown Swiss vault. Tether claimed that they have ‘direct access’ to the vault. The margin trading option as announced on Tuesday, against the U.S. dollar, Tether and BTC. The initial equity can be 20%.Margin trading will...

Place/Date: - January 31st, 2020 at 1:50 pm UTC · 3 min read Contact: Lumi Wallet, Source: Lumi Wallet Photo: LUMILumi Wallet has shown exceptional growth in its user base and functionality during 2019, and after working hard on fine-tuning its API is ready to present a bunch of new features in February.The year 2019 was exceptional for Lumi Wallet. First and foremost, it’s in part thanks to the contribution of the users who chose Lumi as their main cryptographic wallet.From the beginning...

Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert.Furthermore, he expressed his hopes once again that the United States can lead the race for both digital assets and blockchain adoption. This aligns with Bakkt plans, as CryptoPotato reported this week.Ethereum Futures Coming Soon?Bitcoin has dominated the cryptocurrency Futures market, but Ethereum might soon have its own similar product, according to Tarbert. The...

Amazon has released impressive earnings figures for its fourth quarter. The figures show that the company beat its expectations for what its efforts for the quarter would yield. Amazon announced that its holiday sales profit crossed $3 billion. In response, Amazon stock jumped 13%, pushing its valuation into the neighborhood of $1 trillion.Amazon Holiday Sales Quarter HighlightsAmazon reported a total profit of $3.3 billion for the holiday quarter recently concluded with a total revenue of...