For a brief period early yesterday morning, bitcoin was trading over the $9,000 mark. This is the first moment bitcoin has struck such territory in over two months.A Bitcoin Soft Fork Is ComingNow, however, the world’s number one cryptocurrency by market cap is trading for a measly $8,600. While this isn’t necessarily bad – especially when considering where the currency has traded before – it does mark a $400 drop for the digital asset in approximately 24 hours, and many are wondering if it’s...
Read More »Storing Crypto on a Centralized Exchange Is Safer for Most, Says Binance CEO
Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but the exchange covered all losses. There are still numerous reasons why you should store your own coins. Not your keys, not your coin. This is a phrase commonly tweeted by hardcore crypto investors. It means that if you don’t control the keys of the wallet, you don’t control the cryptocurrency....
Read More »Bitcoin SV (BSV) Skyrockets 20% While The Green’s Back Into The Market: Crypto Monday’s Watch
The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307.BSV has been on a rollercoaster throughout the past seven days. On January 15th, it reached a new all-time high of $413. At that time, news broke that Wright doesn’t have access to the private keys needed to access 1.1 million bitcoins, part of the popular Tulip Trusts....
Read More »BTC Price Analysis: after Bull Run, Bitcoin Retreats in Tactical Maneuver
BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...
Read More »As Alphabet Enters $1 Trillion Club, Let’s Have a Look at Top 10 Companies by Market Cap
Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...
Read More »Binance Adds Fiat-to-Cryptocurrency P2P Trading For The Vietnamese Dong (VND)
Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND).Binance Adds P2P VND TradingBinance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually adding new features, allowing traders to take advantage of a diversified set of tools.According to a press release shared...
Read More »Ripple Makes Big Bet on Asia-Pacific Remittance Market in 2020
Ripple has indicated a serious interest in planting itself in the financial and remittance market of the Asia-Pacific (APAC) region. The giant blockchain company believes that the region is still a largely untapped mine and has its eyes firmly placed on this region for the year 2020.Ripple Has 2020 Plans for Asia-PacificIn an official Ripple publication on Thursday, the company breaks down the Asia-Pacific region, underscoring how much of a gold mine it is. Citing an article by the World...
Read More »Peter Schiff Lost Bitcoin after His Crypto Wallet Failure
An outstanding American investment broker and Euro Pacific Capital CEO Peter Schiff has lost Bitcoin. The loss resulted from the failure of his crypto wallet. On Sunday, Schiff wrote on his Twitter account his password was no longer valid.I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never...
Read More »Stellar Lumen (XLM) Price In Strong Uptrend And It Could Surpass $0.07
Stellar lumen price is following a nice uptrend and it recently tested $0.066 against the US Dollar.XLM price corrected lower, but it remained well bid above the $0.0600 support area.There is a major bullish trend line forming with support near $0.0600 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above the $0.0660 and $0.0680 resistance levels.Stellar lumen price is trading with a bullish bias above $0.0600 against the US Dollar, similar to bitcoin. XLM is...
Read More »Ripple Price Analysis: XRP Remains Supported Despite Recent Pullback
Ripple price started a major downside correction from close to $0.2550 resistance against the US dollar.The price declined below $0.2400, but it is still trading nicely above the $0.2260 support area.There is a key bullish trend line with support near $0.2265 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to bounce back above $0.2400 unless it breaks the $0.2200 support area.Ripple price is correcting gains from the $0.2540 high against the US Dollar....
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