Crypto news

Manchester City, the champions of the English Premier League have struck a big deal recently. The owner of Manchester City has agreed to liquidate just over 10% of the stake in Manchester City to a private equity firm Silver Lake.City Football Group (CFG), the holding company of Manchester City is currently valued at $4.8 billion, and the deal has been concluded for a price of $500 million. As per the Financial Times report, CFG is an Abu Dhabi-controlled organization that owns Manchester...

Libra’s announcement earlier this year brought a lot of mixed reactions, but it also attracted a lot of attention towards the field, causing other teams to think in this direction. One of these is Saga Monetary Technologies’ token dubbed SGA, which will be launched on December 10th. SGA token will be pegged to the Special Drawing Right monetary reserve.A New Type Of StablecoinSaga Monetary Technologies announced the creation of SGA – a new type of stablecoin. It will start trading on December...

As the cryptocurrency community grows in leaps and bounds, Bitstop which is one of the largest Bitcoin ATM operators in the world has installed five Bitcoin ATMs for starters across several locations of America’s largest retail mall operator Simon Property Group. This comes at a time when the cryptocurrency space is looking for ways to bring adoption to everyday people in a way that they can appreciate how the technology works.Sources indicate that the locations of the ATMs have already...

XRP suffered a rough week as its price declined by 12%. The cryptocurrency attempts to recover, and it marked an increase of 1.69% over the past 24 hours to reach the current price of $0.2220The cryptocurrency has been trapped within a wide range between 3324 SAT and 3000 SAT against BTC in November 2019.XRP may be able to go higher as the technical indicators start to flatten out in oversold conditions.Key Support & Resistance LevelsXRP/USDSupport:  $0.215, $0.200, $0.185 Resistance:...

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...

Financial technology (fintech) is becoming the lifeline of both the finance and technology sectors. These two sectors have always had a thing or two in common and have worked hand-in-hand for a long time, with one always needing the other. However, and in recent times, the synergy between both sectors has been a whole lot more pronounced with multiple use-cases, up to the point where they are almost inseparable, hence, fintech.With all of the advantages of fintech, it still does get a bad...

The past week has been anything but positive for the cryptographic industry. Ethereum, the second-largest market capitalization cryptographic asset, also recorded an 8% dump, marking a downward period for the market. Incidentally, the market fell just after the People’s Bank of China revealed that the central bank would close all local encryption centers.Speaking of Ethereum, despite the drop, ETH’s fees have increased by 21.6% over the past week. As observed in the main markets, the increase...

Place/Date: Bristol, United Kingdom - November 27th, 2019 at 4:56 pm UTC · 3 min read Contact: Saga, Source: Saga Monetary Technologies Limited Photo: Saga / FacebookSaga Monetary Technologies (Saga) is delighted to announce that its Saga token (SGA) will launch on Tuesday 10 December 2019. In advance of this, its full onboarding process is now open online. Compliant with the ERC-20 token standard and addressing key concerns regarding volatility, governance and regulatory compliance,...

SummaryTRON saw a 6% price increase over the past 24 hours. The cryptocurrency is close to entering the top 10 projects by market cap, as it’s currently occupying the 11th spot. The cryptocurrency is looking promising against BTC as it attempts to break October highs.TRX is poised for a leg up as the technical indicators suggest bearish pressure is fading.Key Support & Resistance LevelsTRX/USDSupport: $0.0136, $0.0125, $0.0118,.Resistance: $0.01580, $0.018, $0.020.TRX/BTC:Support: 200...

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.Regardless of the new loss of the bulls, the Bitcoin is testing an important support level and there is a reversal pattern forming on the smaller timeframes, which may signify the beginning of an uptrend.The daily chart of the Ethereum demonstrates uninterrupted falling to the aim at $100 – here,...