Crypto news

The month of December has just started and already we’re off to a good start. Bitcoin – the world’s largest and most prominent cryptocurrency by market cap – has seemingly jumped in price by another $100, leaving many enthusiasts to wonder if perhaps the currency is about to enter another bull run.December Has Often Been Good to BitcoinOf course, to assume this means anything would be a mistake. Bitcoin can go up just as easily as it can go down. We all witnessed that over the past few...

Tezos is back on the bullish note after increasing with 8% and attempts to break the November highs.The cryptocurrency is holding strong above 0.00016 BTC against BTC.The move-up comes as Binance announced that its users can now stake XTZ and receive profits. Key Support & Resistance LevelsXTZ/USDSupport:  $1.23, $1.17, $1.12, and $1.00.Resistance: $1.34, $1.47, and  $1.56.XTZ/BTC:Support: 0.0001685 BTC, 0.000158 BTC, 0.000138 BTC, and 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195...

FinAccel, an Asian fin-tech company involved in leveraging deep data analytics across users’ digital footprint in order to automate credit risk scoring and access to credit in Southeast Asia, has announced it raised $90 million in a Series C funding round. The round was led by Asia Growth Fund, jointly established by Mirae Asset and Naver Corp, and Australia-based venture capital firm Square Peg. Among other investors were Singtel Innov8, Telkomsel Indonesia, Cathay Innovation and Kejora...

American multinational investment bank and financial services company Morgan Stanley has changed its rating on stocks from Roku, the on-demand video streaming platform backed by Fox. Even though Roku has had an amazing year and climbed quite explosively in the stock market with 400% year-to-date YTD returns, Morgan Stanley dropped its Roku rating from equal weight to underweight.In a recent note to the company’s investors titled “It’s All Priced In”, Morgan Stanley analyst Benjamin Swinburne,...

While most of the major cryptocurrencies have lost chunks of their value in the last few weeks, Matic Network is doing the exact opposite. MATIC is among the strongest performers, as it has surged with 160% at one point in less than two weeks. It recently got listed on another exchange, and the company continues with its staking initiative.MATIC Price SkyrocketsMATIC is currently trading at around $0.03, which seemed somewhat unlikely only a few weeks ago. On November 22nd, MATIC hit its...

[PRESS RELEASE Tel Aviv, Israel, December 3rd, 2019]Simplex, the leading fiat to crypto payment processing company, and Binance, global leading crypto exchange, are pleased to announce the launch of a limited 1-month campaign to offer Simplex’s lowest rates ever for fiat to crypto purchases via credit and debit cards.During the promotion, Binance users will continue to enjoy the same efficient and secure Simplex user experience, with fees of only 2.5% for transactions across the globe,...

Many top traders on Twitter do not expect a Santa Claus rally this year.A quant analyst with a small following is ignoring bearish calls.The trader boldly claims that the top cryptocurrency offers a rare and superb buying opportunity.The top analysts on Crypto Twitter (CT) are seeing a bloody Christmas for bitcoin. Many widely-followed accounts are predicting a price drop to between $6,000 and $5,000. If they’re right, then bitcoin is headed for another 30% plunge after already retracing by...

SummaryXRP suffered a rough week as the price dropped by 12%. During the past 24 hours, however, it marked a slight increase of almost 2% and reached its current level at $0.222.The cryptocurrency has been trapped within a wide range between 3324 SAT and 3000 SAT against BTC in November 2019.It may be able to climb higher as the technical indicators start to flatten out in oversold conditions.Key Support & Resistance LevelsXRP/USDSupport:  $0.215, $0.200, $0.185Resistance: $0.2345,...

Blockchain company Socios has partnered with football club Juventus to launch a $JUV token.Fans can buy the token and use it to vote on which song the club will play in the Allianz stadium.Yet another example of a project that doesn’t need a blockchain or a token.File this under: things that absolutely don’t need a blockchain. Juventus fans can now vote on which song will be played at the Allianz stadium when Ronaldo or Dybala score. The catch? You need to buy $JUV tokens through the...

There have been many debates as to what exactly will happen to the financial technology world in 2020. They have ranged from those who have outlandishly bullish predictions for the fintech space to those who don’t even believe that there the fintech space even exists. Believe it or not, the fintech crystal ball presents a lot of risks and opportunities for both traditional and non-traditional financial institutions and how they adapt to changes is what will separate the winners from the...