Over the past days, Bitcoin had been moving sideways between $9000 and $9500. This price range had been following the recent Bitcoin price action since for the past ten days, since the vast price surge on October 26.At the macro level, it seems like nothing is progressing, as Bitcoin still awaits its next major move.On the never-ending fight between the Bulls and the Bears, it seems like the bulls are in control. Probably, the most reliable sign is the 200-days moving average line (MA-200):...
Read More »Facebook Introduces New Company Logo as Part of Its Rebranding Efforts
Social media giant Facebook has unveiled its new company logo as part of the rebranding efforts. Facebook says that the new branding strategy is to bring more clarity and align the goals of its different products and services under one parent company.In its official announcement, the company said that over the last 15 years, it has made several major acquisitions like Instagram and WhatsApp. Thus, to bring clarity that these services operate under Facebook, it is isolating the Facebook...
Read More »Ethereum Price Analysis: ETH Could Surge Above $190-$200
Ethereum price is currently consolidating gains above the $180 support against the US Dollar.ETH price is facing hurdles near the $190 and $200 resistance levels.There is a breakout pattern forming with resistance near the $188 level on the 4-hours chart (data feed from Coinbase).The price is likely setting up for an upside break above the $190 and $200 levels in the near term.Ethereum price is trading above key supports near $180 against the US Dollar. ETH price could rally significantly if...
Read More »Stellar’s XLM Skyrockets 30% This Week After Founders Burn 55 Billion Lumens
Stellar’s XLM jumps by more than 30 percent in two days. The upside move came after the foundational body announced that they were burning the XLM supply. The rival community accused the Stellar CEO of orchestrating the XLM pump. Stellar’s native asset XLM registered fresh gains on Tuesday as its founders decided to wipe out half of the token’s net supply. The Stellar Development Foundation (SDF) announced yesterday that it has burned 55 billion XLM tokens. Earlier, the total supply...
Read More »Stellar Foundation Burns 55 Billion XLM Tokens, Half of the Total Supply
During the Stellar Meridian conference on Monday, November 4, the Stellar Development Foundation CEO Denelle Dixon disclosed that they have burned 55 billion Lumens (XLM) tokens which is half of the overall cryptocurrency supply.Earlier there were a total of 105 billion tokens of which 20 billion were in circulation. With the recent burning, the total supply has reduced to only 50 billion XLM tokens. In its latest Medium blog post, the Stellar Foundation noted that token burning was part of...
Read More »#742 Hongkong bekommt Immobilien-Blockchain, Afrika will Bitcoin & Stellar XLM Token Burn
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 742. Heute geht’s um folgende Themen: Hongkong bekommt Immobilien-Blockchain, Afrika will Bitcoin & Stellar XLM hat 55 Millionen Token verbrannt. 1.) Hongkong bekommt Immobilien-Blockchainhttps://www.btc-echo.de/blockchain-statt-papierkram-hongkong-bekommt-immobilien-blockchain/ 2.) Afrika will Bitcoin – Nigeria an der Spitzehttps://bitcoin-kurier.de/afrika-will-bitcoin-nigeria-an-der-spitze/ 3.) Stellar’s...
Read More »Can Bitcoin Cash Really Be Singled Out for Its 3rd Quarter Marks?
It’s being reported that bitcoin cash had a very rough third quarter in 2019. The price was never quite able to get off the ground, and as a result, bitcoin cash (BCH) arguably performed worse than any other coin.Is It Fair to Single Out Bitcoin Cash?But is it fair to lay this judgement on the little brother of bitcoin? Sure, BCH may not have been at its best, but it can be argued that this applies to virtually every major cryptocurrency during this period.As we all remember, the second...
Read More »Bitcoin and Gold Jockey for Position in $10K Long-Term Investment Poll
In which asset class would you direct $10,000 in investment capital – bitcoin or gold? There’s one condition. You can’t touch the funds for 10 long years. According to a Twitter poll crafted by former U.S. Rep. Ron Paul, bitcoin and gold are the top choices, with the leading cryptocurrency having overtaken the precious metal as the investment of choice with more than 55% of the vote. Gold, which earlier in the day was leading, puts up a good showing at 37%. The rest of the votes...
Read More »ARPA’s Binance Community Voting Round & Growing Momentum Following President Xi’s Comments
Photo: ARPA OfficialARPA – the layer two privacy-preserving computation protocol – is set to square off against Carry Protocol, a data purchase platform on Ethereum, in Binance’s second round of the Community Coin Vote (CCV). Voting will begin at 4 AM 5 November (UTC) and will incorporate Binance’s new rules for the CCV that allocates a BNB rewards pool to the runner-up and reduces the BNB holding period of 9 to 7 days. ARPA winning voters will split a rewards pool of 15 million ARPA tokens,...
Read More »India Arrests Three Involved in Potential Crypto Scam
Cryptocurrency scams just seem to be an everyday thing as of late, and the latest scam news involving digital money is arriving out of India.Is India Home to a Large Crypto Scam?The country’s Special Task Force (STF) says it has made three arrests in what is turning out to be a very large case of cryptocurrency fraud. The people arrested include Rakesh Kumar Singh, Bittu Yadav and Pradeep Dev. All three have been charged with digital theft. The suspects hail from a region of Bihar in...
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