Crypto news

Topmost cryptocurrency expert and co-founder of top cryptocurrency exchange BTCC Bobby Lee made some bullish predictions for Bitcoin in the mid-term to long-term sources indicate. Lee made this known via a couple of tweets which indicated his stance on how the current topmost cryptocurrency will fare within the next eight years.According to Lee, Bitcoin will hit a market capitalization of $8 trillion. With Bitcoin’s market capitalization at just about $160 billion, while that of gold is about...

The recent days weren’t calm, even for Bitcoin. Following yesterday’s decent price surge to almost $9150, Bitcoin is now trading under $8700 after a sell-off over the past hours.Yesterday, Bitcoin made another bullish weekend move as the price gained over 4% in just an hour. The price surged from $8,780 to around $9,150 but quickly lost momentum, and as of writing these lines, Bitcoin retraced all the way to mark $8590 as the current daily low.This is the lowest price for Bitcoin since...

Chinese State Media Praise Bitcoin as a “Successful Application of Blockchain” Blockchain fever overruns the people’s republic Bitcoin propaganda comes as China preps to launch digital currency in 2020 China has taken yet another step towards fully embracing Bitcoin, calling it “The First successful application of blockchain technology.” The entirety of the people’s republic has been on a blockchain hype beyond anything thing imaginable recently. However, this latest admission from Chinese...

Stellar lumen price is trading in an uptrend above the $0.0720 support area against the US Dollar.XLM price is currently correcting lower, but it remains well supported near $0.0740.There is a major bullish trend line forming with support near $0.0715 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near the $0.0660 and $0.0650 levels.Stellar lumen price is showing many positive signs against the US Dollar and bitcoin. XLM price could continue to...

Every year on November, 11, the Chinese celebrate the biggest shopping event knows as Singles’ Day. It is always a big deal for the retailing giant Alibaba and legions of other online shoppers, and this year is no exception. Alibaba, that has been promoting the event since 2009, has said that in the first nine hours, sales for the Singles’ Day shopping blitz reached 158.31 billion yuan ($22.63 billion), which is equal to more than half of last year’s record haul for the 24-hour event.Singles’...

Singapore’s central bank – Monetary Authority of Singapore (MAS) – has recently joined hands with Wall Street giant JP Morgan and Temasek. The partnership aims to build a blockchain-based prototype for cross-border multi-currency payments.The announcement comes just a time when global banking institutions are exploring blockchain and digital currency payments. MAS also said that its blockchain prototype can carry payments in different currencies on the same network. In the official press...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 746. Heute geht’s um folgende Themen: Neue Krypto Partnerschaft in der Schweiz, Tunesien gibt eigene digitale Währung auf Blockchain aus & Meatec.io Antminer S9 Gewinnspiel. 1.) Neue Krypto-Partnerschaft! Wird die Schweiz endgültig zum Bitcoin-Paradies?https://coin-update.de/neue-krypto-partnerschaft-wird-die-schweiz-endgueltig-zum-bitcoin-paradies/ 2.) Tunesien gibt eigene digitale Währung auf Blockchain...

Ripple price is currently trading in a bearish zone below $0.2840 against the US dollar.The price is at a risk of more downsides below the $0.2700 support area.There is a key bearish trend line forming with resistance near $0.2810 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could only recover once it clears the $0.2810 and $0.2840 resistance levels.Ripple price is under pressure below the $0.2840 support against the US Dollar. XRP price might extend its...

Financial regulators in Australia are looking to put more pressure on Libra.Libra Is Getting Reamed… AgainA new report suggests that Facebook and Libra executives failed to follow proper Australian protocols. This is raising concerns with members of the Australian government, who are now looking to learn all they can before the currency is set to debut in 2020.Facebook’s Libra has had a rocky history. The coin was first introduced back in June of 2019 to rather lackluster reception. The...

Ethereum saw a small increase of 2.85% over the past 24 hours and it currently trades at $191. This was largely been helped by the 2.74% spike seen in Bitcoin today. Ethereum is now trading at resistance provided by the 100-days EMA with a break above sending us well above $200. ETH remains the second-largest cryptocurrency as it holds a market cap of $20.62 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH fell below the 100-days EMA but remained supported...