Crypto news

Facebook CEO Mark Zuckerberg and board member Peter Thiel met secretly with President Trump in October.The purpose of the meeting – and why it wasn’t disclosed by the White House – remains unknown.After Facebook revealed the meeting had taken place, Democrats dragged Zuckerberg on Twitter.President Donald Trump invited Facebook CEO Mark Zuckerberg and board member Peter Thiel to a White House dinner in October, but didn’t disclose the meeting to the public.Facebook told NBC News about the...

The dreaded BitLicense is widely regarded as one of the most notorious and controversial pieces of crypto legislation ever administered, which is why whenever a company gets one, it’s kind of a big deal.The BitLicense Isn’t Hated By AllAmong the recent companies to get their hands on a BitLicense is Fidelity Investments, which opened its crypto assets trading division not too long ago. The license will allow the company to operate in the Big Apple and provide all its crypto and blockchain...

XRP decreased by about 3.57% over the past 24 hours and it currently trades at $0.243. The cryptocurrency is down by more than 15% over the past couple of weeks as it lost the support at $0.2584.XRP remains the third-largest cryptocurrency with a market cap of $10.70 billion.Looking at the XRP/USD 1-Day Chart:Since our last analysis, XRP fell below the support at $0.2584, $0.250 to reach the current trading level of $0.244.From above: The nearest level of resistance lies at $0.2518. Above...

The bitcoin price crashed through another vital support level on Thursday.BTC has now plunged nearly 50% from its mid-year zenith.A legendary bitcoin trader says that this time, it’s “dying” for good.The bitcoin price crashed through another vital support level on Thursday, hastening a decline that has seen the leading cryptocurrency fall nearly 50% from its yearly high.Bitcoin has recovered from these punishing reversals before, but one legendary trader predicts that this time will be...

A research report published by cryptocurrency firm Coinshares shows millennials’ increasing lack of trust in fiat currencies.A number of countries witnessed massive inflation in 2018, further hurting confidence in fiat.Google search for terms “bitcoin” and “cryptocurrency” increased at the same time and coincided with a surge in market cap cryptocurrencies.Last week, British cryptocurrency research firm Coinshares published its ‘Crypto Trends Report’. Their research, coupled with the report...

Volatility is back in the cryptocurrency market but unfortunately, this time, the prices went south. Bitcoin lost almost $800 in today’s trading session, dragging the entire market down with it. BTC’s dominance, however, remains untouched, meaning that altcoins are still unable to capitalize on the sudden drop.Bitcoin Plunges $800 In HoursBitcoin’s price took a beating today. The cryptocurrency dropped from a daily high $8,110 on BitMEX down to $7,350, marking a steep decrease of more than...

LG CNS, the global IT service company owned by LG Corporation that enables digital innovation for customers through emerging IT technology, has established a strategic partnership with Ground X, the blockchain subsidiary of Korea’s largest mobile platform Kakao. Within the collaboration, the companies will work on developing various blockchain solutions and finding new ways for using the distributed ledger technology.The agreement has been signed at LG CNS headquarters located at LG Science...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe Bitcoin miners become fewerThe BTC cannot replace the dollar — LaneOn W1, the Bitcoin is developing another impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth, balancing the price. It might be that we will not see any new impulse of growth until the minimum is renewed. The bearish behavior of the price is aimed at 61.8% ($7230.00) and 76.0% (5700.00)...

Bitcoin’s price action has been bearish as of late.Nevertheless, the biggest bull in Crypto Twitter sees a reversal in the horizon.Other traders do not share an optimistic outlook and bet on a bitcoin plummet to $6,000 levels.To say that crypto enthusiasts have turned bearish on bitcoin would be an understatement. The number one cryptocurrency is now trading below $8,000. The chart looks ugly and it gives very little reason to be bullish.A full-time trader illustrating why it bitcoin is...

As previously reported by CoinSpeaker, China’s Bitcoin mining giant Canaan Creative conducted its IPO with its shares going public on the Nasdaq platform on Wednesday, November 20.Well, things have certainly not gone the way Canaan thought and it looks like the decision to go public was all done in haste. In its filing to the United States Securities and Exchange Commission (SEC) Canaan marketed its shares for $9 to $11, as per the Bloomberg report.Previously, Canaan planned to raise around...