Markets

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Bitcoin, which is the largest digital asset by market capitalization, settled past the price level at $8,600 after a pullback to a price level of $8,217 on January 24.At the hour of composing, the Bitcoin price was trending on the level at $8,712 mainly unaltered from the start of the day.The digital asset market on Monday showed a trend in the bullish bias triangle. The Saturday bears did not lead to much movement, and several altcoins moved away from support levels and attempted recovery....

Recently, the UK fintech startup Currencycloud ran a series E funding round. Among the participants were Sapphire Ventures, Notion Capital, Anthemis, Accomplice, and Google’s venture wing GV. All of them supported Currencycloud earlier. Besides, the startup boasted it had attracted new investors. Visa, World Bank arm International Finance Corporation, BNP Paribas, Siam Commercial Bank and former Softbank spinoff SBI Group joined the round and invested as much as $80 million.The round has...

Stellar lumen price is gaining bullish momentum above the $0.0550 resistance against the US Dollar.XLM price is likely sighting an important bullish above the $0.0600 resistance area.There is a key bearish trend line forming with resistance near $0.0592 on the 4-hours chart (data feed via Kraken).The pair start a strong rise once it settles above the $0.0595 and $0.0600 resistance levels.Stellar lumen price is showing many bullish signs against the US Dollar, similar to bitcoin. XLM is likely...

A quick update following yesterday’s analysis. As we mentioned here yesterday on the previous analysis – Bitcoin price’s recent correction down to $8200 was healthy (so far).Added to the above, is the fact that Bitcoin had found support precisely on the lower trend-line of the ascending channel, marked on the following 4-hour’s chart.Over the past 24 hours, we had seen Bitcoin gaining momentum to break above the mentioned $8400 – $8450 resistance, and quickly surging back to the $8600 support...

Ripple price found support near the $0.2140 area and recently recovered nicely against the US dollar.The price seems to back in a positive zone above the $0.2200 resistance area.There was a break above a major bearish trend line with resistance near $0.2230 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher towards the $0.2440 and $0.2500 resistance levels in the near term.Ripple price is showing positive signs above $0.2200 against the...

Ripple, the company that actively uses the world’s third-largest cryptocurrency XRP in its solutions, is having big plans ahead this year in 2020. In the latest development, Ripple said that it plans to launch its XRP-based cross-border payments systems to global markets.In the newly released XRP Market Report, Ripple said that plans to bring XRP-based international payments to companies and individuals alike. Furthermore, the blockchain startup explained that XRP provides real-time gross...

Popular Bitcoin payment processor BitPay has sealed a partnership with fiat-to-crypto payment processor Simplex, enabling users to purchase Bitcoin and other cryptocurrencies directly within the BitPay app using a credit card. They can also transfer funds, make purchases and send money to friends from a single dashboard.In providing BitPay with a fiat onramp to conduct and settle crypto transactions, Simplex has created a major on-ramp to the cryptoconomy. Over 30,000 merchants use BitPay,...

During the interview given to Erik Schatzker on the World Economic Forum in Davos, Nasdaq CEO Adena Friedman was discussing her LinkedIn post concerning ”market economy”. She was also touching the cryptocurrency sphere, saying that Bitcoin futures are a viable option and that they have an unnamed partner helping to set everything up.Two Main Reasons Nasdaq Will Consider Regarding Bitcoin FuturesAfter observing the market conditions, Nasdaq wants to bring up a viable solution that will be...

The attack on Bitcoin Gold was first spotted by James Lovejoy, a researcher from MIT Bitcoin Club.Bitcoin Gold ($BTG) was 51% attackedhttps://t.co/KxFvrsOhuO— James Lovejoy (@metalicjames) January 24, 2020The short review of the attack is already on GitHub. The review says that on January 23, and 24, the attackers have removed blocks from the BTG network. Then, they re-added them and added new transactions instead of their old ones. Why did they do that? Because such thing as pulling the...