Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency trading platform in the world – has joined the ranks of Ross Ulbricht, Charles Hoskinson and Tim Draper to claim that bitcoin will soon break the six-figure mark.Changpeng Zhao Thinks BTC Will Go All the WayMany analysts seem to have predicted that bitcoin, the world’s number one cryptocurrency by market cap, will reach $100,000 or more. Both Ross Ulbricht – the runner and founder of dark web marketplace...
Read More »Crypto Price Analysis & Overview March 27th: Bitcoin, Ethereum, Ripple, Monero, IOTA
BitcoinBitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement &...
Read More »Ethereum Price Analysis: ETH Rangebound Around $135 But Bears Might Settle In Against Bitcoin
Ethereum saw a small 0.5% price increase today as it continues to battle the $140 resistance level.The cryptocurrency has been bouncing in a very tight range between $135 and $140 for the past 4-days.Ethereum dropped beneath the crucial 0.021 BTC support this week to drop as low as 0.0201 BTC.Key Support & Resistance LevelsETH/USD:Support: $135, $120, $110.Resistance: $140, $150, $165.ETH/BTC:Support: 0.0201 BTC, 0.02 BTC, 0.0196 BTC.Resistance: 0.021 BTC, 0.0215 BTC, 0.022 BTC.ETH/USD:...
Read More »Bitcoin Price Managed to Cross $6,700 but Is Below Again, BTC Halving 47 Days Away
Bitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off. Halving will happen roughly on 13 May 2020. Traders accumulate BTC.The Glassnode data shows that BTC holders are sending their coins away from the exchanges and even the custodial services. Per the stats, Bitcoin price may be in the accumulation stage. After it ends, the bull run is imminent. Since March 18, the major exchanges were losing tons of...
Read More »Largest Bank In South Korea To Launch A Cryptocurrency Custodial Service
South Korea’s largest bank, KB Kookmin Bank, is expected to launch a cryptocurrency custody service shortly. The entity has filed a trademark application for KBDAC – KB Digital Asset Custody back in January for various services, including investment, and digital asset trading.KBDAC Launching Soon?A local report from today informed that the giant South Korean bank has applied for the patent at the end of January this year with the Korean Intellectual Property Office. According to the latter,...
Read More »Ethereum 2.0 Will Impress Public with Totally Audited Code
Blockchain ventures could not issue new code and hope that the ‘community’ will handle it. Ethereum developers know that and put enormous amounts of time into improving the Ethereum 2.0.Let’s dig into what is currently happening with the long-awaited Ethereum 2.0 update? It appears that Phase 0 has been completed in a path towards code review. The Ethereum developer Danny Ryan and Least Authority are performing the code audit. The Least Authority is a security consultant firm. So far, they...
Read More »#843 Bitcoin & Ethereum Dreamteam, Bitmain Antminer S19 ausverkauft & BTC Mining Difficulty Crash
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 843. Heute sprechen wir über folgende Themen: Bitcoin & Ethereum bald das neue Dreamteam, Bitmain: Antminer S19 innerhalb von 24 Stunden ausverkauft & BTC Mining Difficulty fällt 16% 1.) Bitcoin & Ethereum bald das neue Dreamteam? – Buterin will eine Verbindung ohne Dienstleisterhttps://cryptomonday.de/bitcoin-ethereum-bald-das-neue-dreamteam-buterin-will-eine-verbindung-ohne-dienstleister/...
Read More »Litecoin (LTC) Price Analysis: Approaching Next Crucial Break
Litecoin price is slowly recovering and trading above the $36.50 support against the US Dollar.LTC price is facing a strong resistance near the $41.00 area.There is a major contracting triangle forming with resistance near $40.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong rally above $41.00 or it might dive towards $32.50.Litecoin price is likely preparing for the next major move against the US Dollar, similar to bitcoin. LTC price...
Read More »Crypto Price Analysis March 25: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market is actively correcting but the current movement is looking more like a rebound before a new wave to the downside. However, in the chart of...
Read More »Ethereum Co-Founder Vitalik Buterin Wants Easy Bitcoin to Ethereum Swaps
Ethereum network co-founder and the brilliant mind Vitalik Buterin claims it’s a shame that the community still has to rely on ‘trusted’ parties to send Bitcoin value to Ethereum and back. He offers to change this using the Uniswap-alike decentralized solution.In a series of pretty interesting Twitter posts, Vitalik Buterin outlines presumable Ethereum future steps. Those steps needed to investigate the paranormal fact: Bitcoin and Ethereum still have no cheap and reliable means of...
Read More »