Markets

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...

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 On Sunday, Schiff wrote on his Twitter account his password was no longer valid.I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid.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...

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...

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....

Researchers claim Tesla car company will be gaining in the market weight as well as in the electric car sphere. The FANG or FAANG list may change the name to FAAMGT because Microsoft and Tesla are the two big corporations in a hurry to achieve perfection. The corporations in that list are considered by many as the saviors of the American economy.Analysts from Ark Investment Say Tesla to Go BullishCatherine Wood is a professional with a vision who claims that Tesla stock can easily reach the...

Peter Schiff cannot access his bitcoin wallet and is blaming his “losses” on the blockchain. Schiff is a boomer in every sense of the word, and his lack of blockchain understanding shows. Maybe he has a secret crush on bitcoin. Peter Schiff has “lost” all of his bitcoin. Or at least he thinks he has. A Sunday morning tweet revealed that he could no longer access his crypto wallet due to a decryption error: Human error or something more sinister? | Source:...

The popular economist and well-known nocoiner, Peter Schiff, has said that he’s lost all of his bitcoins because of a forgotten software. He took his rant to Twitter, outlining that the lost bitcoin has no market value, on top of having no intrinsic value as well. Peter Schiff Loses His BitcoinsPeter Schiff is a well-known economist, as well as a frequent guest on national news and an author. However, he has also chosen to take a very definitive stance on Bitcoin. He’s said on multiple...

The cryptocurrency market, being a relatively young and small one, is frequently affected by external forces. Sometimes, one of those factors could sound a bit strange on the surface, but it could deliver a severe impact. It’s the Chinese New Year.The Holiday is taking place during the next weekend, between January 25th (Saturday) and 27th (Monday), a quick look at the Bitcoin’s longer-term price chart can reveal this occasion had a tremendous Bearish effect on the price of Bitcoin over the...

Today we got another reminder that volatility is working both ways.Bitcoin has fabulous times since entering the new decade. However, when we see such a parabolic move to the upside, we can expect volatile moves to the other side, as well.Just yesterday, we mentioned Bitcoin price reaching its first major test – the 200-days moving average line (marked light green on the following chart). Many analysts see this tough resistance as the barrier between Bear and Bull markets.Today, Bitcoin...

Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...