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...
Read More »Simplex and Binance Launch Extended Cyber Monday Special: Reduced Fees for Purchasing Crypto with Cards
[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,...
Read More »Now Is One of the Top 3 Greatest Buying Opportunities for Bitcoin: Analyst
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...
Read More »Ripple Price Analysis: XRP Struggling To Stay Above $0.2, What’s Next?
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,...
Read More »Ronaldo’s Juventus Scores the World’s Most Pointless Blockchain Use-Case
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...
Read More »Here is What Fintech Is to Be like in 2020
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...
Read More »Analyst Dispels the Myth: Bakkt Futures are Not Backed by Bitcoin
Bakkt’s arrival was supposed to be rocket fuel for the number one cryptocurrency.Even with Bakkt’s growing volume, the demand has not translated into bullish bitcoin prices.Institutions participating through Bakkt are trading on leverage instead of taking physical delivery of bitcoin.Many crypto enthusiasts saw Bakkt’s entry earlier this year as a bullish driver. The launch of the ICE-operated platform was to mark the arrival of institutional investors. With all the hype surrounding the...
Read More »Dow Jones Loses Nearly 270 Points as Manufacturing Data and Trade Wars Worsen
On Monday, December 2, there was palpable disappointment in the finance atmosphere as the U.S. stock market’s major indexes, including Dow, saw a sharp fall, the largest 24-hour loss in the last eight weeks. The loss has left quite a number of investors rattled as some believe that it might be an important factor in deciding how well or poorly the general stock market will end 2019.For specifics, the Dow Jones Industrial Average (DJIA) ended the day at 27,783.04 points, losing 268.37, a 0.9%...
Read More »#763 Ende für CryptoBridge, Bitfinex Lightning Network & Bakkt BTC Auszahlung
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 763. Heute sprechen wir über folgende Themen: CryptoBridge Exchange stellt den Betrieb ein, Bitfinex ermöglicht Lightning Network Zahlungen & Niemand nutzt Auslieferung von BTC bei Bakkt. [embedded content] 1.) CryptoBridge stellt den Betrieb ein – Regulierung bereitet dezentraler Börse Problemehttps://bitcoin-kurier.de/cryptobridge-stellt-den-betrieb-ein-regulierung-bereitet-dezentraler-boerse-probleme/ 2.) Bitfinex ermöglicht...
Read More »Bitcoin Long Positions Surge 40% To 10-Month High: Long Squeeze Incoming?
The total number of long positions for Bitcoin has skyrocketed with 40% over the last few weeks. It has reached a 10-month high on the popular cryptocurrency exchange, Bitfinex. This could be indicative of an incoming long squeeze, which might bring Bitcoin’s price even lower.Bitcoin Long Positions SurgingLong positions placed on the popular cryptocurrency exchange, Bitfinex, have experienced a serious increase as of late. Almost 35,000 positions are placed at the time of this writing. For...
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