Crypto news

Spread and control of the coronavirus outbreak in China has impacted the sales of popular multinational conglomerates, LVMH, according to published revenue records.China’s Hold on Luxury RevenueAccording to records posted by LVMH, the recent disease outbreak surfacing very early in the year has already begun to affect overall sales of goods, significantly.The recent outbreak comes as a bigger test to last year’s skid with Hong Kong, which fortunately couldn’t stop the company from making...

The number of active entities holding Bitcoin is continuously growing over the years to the current number of over 23 million, according to a recent report.Cryptocurrency exchanges control 13% of all bitcoins, and Coinbase is the leader with the most considerable stash.The popular blockchain monitoring resource, Glassnode, recently published its new paper regarding Bitcoin holdings. To gather the information, it used “standard heuristics, proprietary clustering algorithms, and advanced data...

Off lately, the San Francisco-based blockchain startup Ripple has been frequent in news. Ripple CEO Brad Gralinghouse has been much vocal about his company’s plans for 2020 and ahead.During the last week’s World Economic Forum 2020, the U.S. Treasury Secretary Steven Mnuchin expressed confidence in the development of new cross-border payment systems. Post Mnuchin’s statement, Ripple CEO Brad Garlinghouse also said that this could turn positive in favor of the company.Ripple has been actively...

Ripple’s Xpring initiative XRPL Labs is getting ready to launch its Xumm banking application. The app will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved.Xumm banking application is powered XRP, the token that is widely used in Ripple’s solutions. Notably, it will be available for all kinds of users. Easy to use, the app requires no special knowledge with...

Bitcoin continues with its upward momentum as the world’s largest cryptocurrency inches higher third-day in a row. In the late hours on Tuesday, January 28, the Bitcoin price surged close to $9400 levels.With today’s price surge, Bitcoin has added $2000 to its price since the start of this year 2020. In just the first 28 days of 2020, Bitcoin has given over 30% returns to its investors. At press time, Bitcoin is trading at a price of $9349 with a market cap of over $170 billion.Bitcoin’s...

The price of Pfizer stocks fell 4% down to $38.51 during Q4 2019. During the last year, the company bought back approximately $9 billion in its stocks to foster market growth. However, the largest medicine giant is losing money and wants its Upjohn development to merge with Mylan NV, which is another big drugmaker aiming at new types of medications.The Upjohn is selling the drugs that lost patent protection, such as Viagra and Lyrica. By the middle of 2020, the company management will...

ADA price is gaining bullish momentum above the$0.0526 resistance area against the US Dollar.The price traded as high as $0.0570 and it is currently trading in a strong uptrend.There was a break above a short term contracting triangle with resistance near $0.0521 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0585 and $0.0600 resistance levels in the near term.Cardano price is trading with a bullish bias above $0.0525 against the US Dollar,...

John McAfee, who previously made a daring prediction that Bitcoin will reach $1 million by the end of this year, continues his recently negative stance against the largest cryptocurrency.The founder of one of the most popular antivirus software said that Bitcoin is the true shitcoin, and the future of crypto is with alternative coins.The Future Rests With Altcoins, Bitcoin is Shitcoin: McAfeeAfter recently comparing the largest digital asset with the popular Ford Model T car due to its...

Bitcoin price is showing a lot of positive signs above the $9,000 level against the US Dollar.The price surged recently and traded to a near yearly high at $9,437.There was a break above a short term bullish flag with resistance near $9,070 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it remains supported near $9,160 and $9,000.Bitcoin price is up more than 10% in the past few days against the US Dollar. BTC settled above $9,000...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 801. Heute sprechen wir über folgende Themen: Ethereum Kurs & DeFi Hype, Singapur führt Lizenzen für Krypto-Dienstleister ein & Bitcoin Cash Mining Steuer Debatte. [embedded content] Vielen Dank an den heutigen Sponsor Corrigo. Ist deine private Krankenversicherung zu teuer? Deine Beiträge werden ständig erhöht? Dann spare jetzt bist zu 63% monatlich mit einem PKV Tarifwechsel OHNE Versicherungswechsel. ALLE INFOS HIER....