After an incredible week of bullish growth, when Bitcoin price adjusted from $7,700 to $9,200, consolidation began as traders are preparing for a new attack for $9,200. Recovery, not unique to Bitcoin, has significantly raised most altcoins.Bitcoin fell beneath $8,700 after a brief shift to $8,791 in the early Asian hours. The first digital coin remained mostly unchanged both daily and from the beginning of Wednesday, as the market entered a limited-range phase after sharp movements at the...
Read More »Ripple Price Analysis: XRP Stagnates Above $0.23 As Bulls May Be Running Out Of Steam
XRP trades in a rising channel as buyers wait for a bounce.The third-largest crypto is currently down by 0.24%.XRP is footing a bearish sentiment across its trading pairs.XRP/USD: XRP Showing Bearish Sign But Channel Keeps Buyers ValidKey Support Levels: $0.23, $0.225Key Resistance Levels: $0.24, $0.251Following last weekend’s sharp drop to $0.225, Ripple’s XRP has seen a mild recovery to around $0.24 over the last 48-hours. But at the time of writing, XRP is showing weakness with about 0.57%...
Read More »Crypto Price Analysis January 22: BTC, ETH, BSV, BCH, LTC
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Digital asset prices are still making buyers happy. As we can see, bulls continue putting pressure. Even if assets fail to break their respective resistance levels in the short-term, the correction will provide an opportunity to enter the market at lower prices.Bitcoin chart shows another reversal...
Read More »Altcoins Awaken! Komodo (KMD) and Golem (GNT) Pump 30-40% Overnight
Golem and Komodo lead the market cap top hundred with 42% and 32.5% gains respectively. Small-caps fared well on Wednesday, with five of market’s eleven top gainers coming from below 90th place. Alt-season impending? Too soon to say. Small-cap altcoins are on the charge, as Komodo (KMD) and Golem (GNT) exceeded 30% growth leading into the morning. Five out of the eleven top gainers in the market cap top hundred were ranked below 90th place on Wednesday. But are Komodo...
Read More »Apple Is to Start Production of New Cheaper iPhone in February
Apple Inc. is already working on a new and cheaper iPhone. The new iPhone will enter its production stage sometime in February, according to a Bloomberg report. If all goes well, it will be released before the end of the first quarter of 2020.Features of the New iPhoneCiting people familiar with Apple’s plan, Bloomberg has revealed a few features for Apple’s forthcoming offering. The report says that the phone will resemble the iPhone 8 which was released back in 2017. It will also come with...
Read More »Bitcoin Price Will Reach $400,000 after Halving If History Is to Be Taken into Consideration
Bitcoin price is always largely influenced by the halving. Bitcoin’s halving is easily the most anticipated event in the crypto industry today. The next halving is expected sometime in May 2020 and many believe it will spark the next Bitcoin rally. Since late last year, there have been many forecasts about what the halving will do for the king coin. A new report has now suggested what is probably the most bullish forecast for the world’s number one asset. According to Beincrypto, Bitcoin will...
Read More »Davos 2020: Greta Thunberg Can Fully Change Global Investment Industry
In 2018, a 15-year girl from Sweden made the world reel. The girl began spending her school days outside the Swedish parliament and called for stronger action on climate change. Her active position and straightforward speeches quickly made her famous. Now this girl, Greta Thunberg, is one of the most hotly discussed youth activists who sparked an international movement to fight climate change.After Greta delivers a speech at various forums and conferences, everyone and his brother discuss her...
Read More »Hong Kong And Thailand’s Central Banks Closer To Issuing Their Own Cryptocurrency (CBDC)
The central banks of Hong Kong and Thailand revealed today in a published report that they are a step closer to creating a joint Central Bank Digital Currency (CBDC) to facilitate efficient payments between the two countries.The banks confirmed that the upcoming CBDC dubbed Project Inthanon-LionRock is technically feasible and will utilize the blockchain technology to make cross border settlements more transparent and cheaper with reduced risks. CBDC Could Streamline Global PaymentsThe Hong...
Read More »Ethereum Officially Launches 1 Million Developer Challenge
The Ethereum challenge is an open movement that is dedicated to growing the developer ecosystem. ConsenSys Jim Jagielski tweeted that they officially launched the 1 million developer effort.Join me as we "officially" kick off our #1milliondev effort, dedicated to growing the #Ethereum and #Web3 communities by 1 million developers and contributors. Let's leverage #opensource in this endeavor! c @ConsenSys https://t.co/Rs2whnS8z1— Jim Jagielski (@jimjag) January 20, 2020However, the way how the...
Read More »Second Bitcoin Lightning Torch On The Move – Already Above 0.01 BTC
The second version of the “Lightning Torch” (LN Trust Chain 2.0) was recently launched on its birthday, and the community keeps spreading it around the globe. Its primary purpose continues to be the same – to raise people’s awareness of the benefits of Bitcoin’s off-chain scaling solution – the Lightning Network.The New Lightning Torch: LN Trust Chain 2.0The “Lightning Torch” started as a fun initiative on January 19th, 2019, to bring more attention to Bitcoin’s off-chain scaling solution –...
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