Ethereum price is currently correcting higher after diving towards $130 against the US Dollar.ETH price is trading near the $150 resistance and facing a strong hurdle near $155-$158.There is a key bearish trend line forming with resistance near $158 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle if it attempts to climb above the $158 and $160 levels.Ethereum price is trimming recent losses against the US Dollar. Having said that, ETH price is still in a bearish...
Read More »India Could Be The Next Big “Crypto Country”
Could India be on the verge of making a real name for itself in the crypto space?India: The New Big Crypto Haven?The country has often had a very mixed relationship with digital currency, being rather hostile towards the likes of Libra and even threatening jail time for crypto users, but a new crypto merger may be what is needed to ensure digital money’s future within the country’s borders.Crypto exchange Wazir X is now a part of arguably the world’s largest and most popular digital trading...
Read More »Vitalik Buterin Highlights Achievements and Fails of the Cryptocurrency Industry
Vitalik Buterin, co-founder of Ethereum, divided the problems into three major categories. The first one is the cryptography related stuff that hasn’t been solved. Despite the industry’s rush to achieve new levels of privacy and scalability, the most important goals are still in progress. The second one is consensus theory, which makes it easy to change and upgrade mining (Proof of Work) and staking (Proof of Stake) algorithms. And finally, Vitalik explains how incentives are essential in...
Read More »XRP’s Daily Transaction Volume Sets New Record, Surges above Bitcoin and Ethereum
Transaction volume is an important metric often considered to determine the growth and popularity of a blockchain ecosystem. This is a go-to metric that often determines user activity and interest for a particular blockchain system. Well, XRP is the show stealer at this moment as it has surpassed both Bitcoin and Ethereum in daily transaction volumes.Last Saturday, November 23, the XRP ledger daily transaction volume hit a massive figure of 4 million. This is the highest recorded volume for...
Read More »JPMorgan Puts Its Car Financing Subsidiary on Blockchain
American investment banking company JPMorgan seems to believe in a blockchain every day more and more. They revealed that through the blockchain they want to keep track of the automobile register it finances for car dealers – and stop them from guaranteeing the same cars for different loans.The bank’s wholesale car financing subsidiary has therefore filed a patent application that outlines a distributed ledger-based version of floorplan lending, a revolving line of credit that enables car...
Read More »YouHodler Turbo Loans: Multiply Your Crypto Portfolio in a Bear Market
YouHodler Turbo Loans: Multiply Your Crypto Portfolio in a Bear Market YouHodler’s “Turbo Loan” feature lets users take a “chain of loans” in one click to help multiply their crypto portfolio. So in a bear market like this, see how you can “Turbocharge” your crypto up to ten times, while also lowering interest fees, eliminating fees on crypto purchases and creating a better way to earn crypto. Earn crypto: How „Turbo Loans“ work YouHodler...
Read More »Bitcoin Price Fall Below $7,000 as Cryptocurrency and Traditional Markets Follow Suit
Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...
Read More »Ethereum Transaktionsgebühren übersteigen 30 US-Dollar
Das Ethereum Netzwerk ist weiterhin davon entfernt, sich als alltagstaugliche Alternative zu präsentieren. Die Transaktionskapazität sinkt weiter, während gleichzeitig der Wettbewerb um die Mining-Blöcke gestiegen ist. Zwischenzeitlich berichteten Nutzer von Gebühren im Bereich von über 30 US-Dollar mit dem ETH.Ethereum News: Ethereum Transaktionsgebühren übersteigen 30 US-DollarDas ETH-Netzwerk hat seit Mai dieses Jahrs zirka 10 Prozent an Transaktionskapazität eingebüßt. Währenddessen ist...
Read More »Crypto Black Friday Blowout Comes Early, But Who’s Buying ETH, XRP, and LTC?
Black Friday seems to have arrived earlier in the cryptocurrency market. But, unlike the real Black Friday, nobody seems to be rushing in to buy cryptos at the current discount rate.According to the Crypto Fear and Greed Index (CFGI), the overall market sentiment turned into “extreme fear” as investors expect a further downturn. However, historical data reveals that every time the CFGI goes into “extreme fear,” a buying opportunity is presented.The following technical analysis will evaluate...
Read More »Merged TD Ameritrade and Charles Schwab Could Balance Fidelity’s Crypto Domination
There are rumors that the bank and stock brokerage company The Charles Schwab Corp. is negotiating a purchase of online broker TD Ameritrade. The two companies are the largest publicly-traded discount brokers in the United States but it is interesting to see what would this merger mean for the cryptocurrency trading.But, let’s start from the beginning. Nebraskan TD Ameritrade has been crypto-friendly for a longer time now – meaning, its clients had the possibility to trade Bitcoin futures...
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