Crypto news

Growth in the crypto market is almost always measured by price trajectories and the likelihood that an asset would find adoption, consequently increasing its price. With Bitcoin being the asset with the largest market cap and consequently the highest priced and strongest market dominance, the cryptosphere is almost always waiting for a Bitcoin price surge.In the midst of all the bullish predictions that usually trail Bitcoin, Changpeng Zhao who is the CEO of the world’s largest crypto...

ADA price is gaining bullish momentum above the $0.0425 resistance area against the US Dollar.The price is likely to break the $0.0450 and $0.0465 resistance levels in the near term.There is a key bullish trend line forming with support near $0.0425 on the 4-hours chart (data feed via Kraken).The price is following a decent bullish path above the $0.0425 and $0.0420 support levels.Cardano price is showing bullish continuation signs against the US Dollar and bitcoin. ADA price is likely to...

Kadena, a Proof of Work (PoW) public blockchain for smart contracts, has begun its token sale on CoinList. It began on Monday, Nov. 4, and will run until Friday, Nov. 22, 2019. The Kadena network boasts of highly scalable blockchain which runs the Chainweb protocol to ensure unmatched security and high throughput, promising to be a driving factor with the potential to serve as a convergence point for all interoperable chains including private and public blockchains and applications.The Kadena...

United States’ retail behemoth Walmart has decided to expand its current offerings of financial services by offering money remittance services within its network of nearly 5,000 stores across America. It already has two money transfer services (the Walmart2Walmart and Walmart2World service launched last year) but the retail giant has also decided to power Walmart2World with Ripple‘s partners MoneyGram and Ria.November 4, 2019."@Walmart is announcing the next step in its commitment to help...

China-based smartphone manufacturing giant Xiaomi has a new offering in the market for its fans. Known for introducing budget handsets over the last few years, Xiaomi now brings its premium segment high-end smartphone, the Mi CC9 Pro. While the handset packs all premium hardware and powerful machine, the company has put a major focus on its camera.As smartphone manufacturers have lured customers by showcasing the device’s machine prowess, the camera is one segment that still continues to draw...

China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology. Cryptocurrency mining will be kept alive in China. The news come after President Xi Jinping announced that his country will “take the leading position in the emerging field of blockchain.” China Will Allow Crypto Mining The National Development and Reform Commission (NDRC), one of the...

In an expansion of its market offerings, indications have emerged that premier cryptocurrency exchange Binance is set to add support for crypto-fiat exchange for the Kazakh and Ukrainian currencies. This comes after the recent addition of support for Nigeria’s currency the Naira which was done in partnership with Flutterwave which is a Nigerian payment gateway based both in Nigeria and the United States.Moreover, it’s worth mentioning that Binance also added the Russian Ruble to the row of...

The G7 meeting participants state that things like stablecoins including Facebook‘s Libra should be strictly regulated and the risks connected with them are not yet studied well. Per EU lawmaker and a German conservative Markus Ferber:“At the very least, we need a robust regulatory framework to deal with virtual currencies. The (executive EU) Commission has been way too complacent on the issue so far. With the threat of Libra on the horizon, it is time for action now.”The draft text of the...

Bitcoin price corrected lower after tagging the $10,550 resistance area against the US Dollar.The price is currently consolidating above the key $8,900 and $9,000 support levels.There is a connecting bullish trend line forming with support near $9,120 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rise again as long as there is no close below the $9,100 and $9,000 supports.Bitcoin price is trading with a positive bias above $9,000 against the US...

Earlier this year, a man from the state of Illinois made a killing, winning $500,000 in a state lottery. Recently, he revealed that half of this fortune has been spent on buying Bitcoin (BTC). He confirmed that back in May, he had purchased about $178,000 worth of BTC and wrote on Reddit:“Did this. Then put half into BTC in May.”Further, he asked to remind him in eight months if his investment is smart money, which Reddit can not agree with.On one hand, the investment seems to be a good one....