As China continues its long fight against bitcoin and cryptocurrencies, a new step has been taken. Alipay, owned by Alibaba, has announced on Twitter that it will be discontinuing all BTC and crypto payments from here on out.Alipay: No Crypto Use, PleaseThere has been serious confusion as of late given that Binance, the largest and most popular cryptocurrency exchange by market cap, has allegedly joined hands with Alipay. When a Twitter user asked if Binance was allowing fiat-to-crypto...
Read More »Bitcoin Price Increases by 838,000,000% in Ten Years
Even though Bitcoin has been in a bit of a struggle recently it is still not just the biggest asset in the cryptocurrency market, but the best performing asset in the world, across all markets. The first fully decentralized digital asset began its journey in 2009 and is now slowly but surely disrupting the current traditional financial status quo.In its early days, Bitcoin did not catch much attention and even people who heard about it quickly wrote it off either as a scam or as something...
Read More »Porsche Presents Cheaper Version of the All-Electric Taycan to Compete Tesla
In recent news, Porsche has presented another version of their new all-electric Taycan. The new model is called Taycan 4S and comes with the same chassis, suspension, and permanent magnet synchronous motors. Just a few weeks ago in September, the company introduced the electric Taycan in general, Taycan Turbo S and Taycan Turbo in particular. This “cheap” version is a little bit slower, lighter, and much cheaper. By saying cheap, we mean around $100,000. While the fast and powerful versions...
Read More »Binance Coin Price Analysis: BNB Breaks Above $18, Are We Headed To $20?
Binance Coin saw a slight increase of around 1.58% over the past 24 hours and it currently trades at $18.17. The cryptocurrency has surged significantly by 16% this past week after managing to break above a long term descending wedge against BTC. This latest price hike has rendered the market bullish as it makes its way back toward $20.Binance Coin is the eighth-largest cryptocurrency with a market cap of $2.83 billion.Since our previous BNB analysis, the cryptocurrency continued to increase...
Read More »Sensor Tower Data Shows App Revenue Rose 23% YoY to $21.9B in Q3
Sensor Tower, a company that supplies publishers and marketers with the information needed to enhance the mobile app ecosystem, revealed the latest data. According to this information, in the third quarter of this year, people spent around $21.9 bln on gaming and non-gaming apps on such platforms as the App Store and Google Play. The report shows a 22.9% YoY rise from the $17.9 bln in the same period of 2018.Please, pay your attention that the data here is provided for the third quarter of...
Read More »Chinese Media Expresses Caution before Phase 2 Talks in the US-China Trade Deal
The eyes of the world are currently on the United States and China, as the trade deal negotiations between the two economic powerhouses are taking new turns. Over the last two years, both countries have shown restraint in coming to a mutual consensus. However, there was a renewed optimism in the market after last Friday’s positive results in the trade talks.After the U.S. suspended its next tariff increase on Chinese imports, the U.S. stock market saw a major rally on Friday. The Dow Jones...
Read More »Stellar Lumen (XLM) Price Primed For More Upsides Above $0.0650
Stellar lumen price is trading in a positive zone above the $0.0600 resistance against the US Dollar.XLM price is showing positive signs and is testing the key $0.0640 and $0.0650 resistances.There is a crucial bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair is likely to rise sharply above the $0.0640 and $0.0650 resistance levels in the near term.Stellar lumen price is gaining bullish momentum against the US Dollar and bitcoin. XLM...
Read More »Ripple’s XRP Outruns Bitcoin to Spike 6% Amid ‘Swell Event’ Hype
XRP was performing better Bitcoin and the rest of the top rivals on Monday as investors/speculators anticipated bullish outcomes from an upcoming Ripple event. XRP price leads the cryptocurrency market’s gains on Monday | Source: TradingView.com, CoinbaseThe third-largest cryptocurrency by market capitalization established an intraday high of $0.2936 as of 0616 GMT. The move uphill brought its daily gains up by 5.73 percent, as calculated from the opening price. At the same time, XRP stole...
Read More »Following the recent ETH performance: Is the time of the Altcoins finally here?
FeaturedThe latest plunge in the price of Bitcoin inevitably led to a similar drop across most of the major altcoins. However, to say that this is indicative of a general slump in the value of crypto would be an oversimplification of what is happening in the markets. If you look only at US pairings, then the downward trend is understandable for all to see, but when you start examining crypto pairs, a new story begins to emerge.Ethereum on the riseSince bottoming out in early September, Ripple...
Read More »Ripple Price Analysis: XRP Signaling Bullish Continuation To $0.3200
Ripple price started a fresh increase above the key $0.2660 resistance against the US dollar.The price is currently showing a lot of positive signs above the $0.2800 resistance area.There was a break above a major contracting triangle with resistance near $0.2580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to climb further higher towards the $0.3000 and $0.3200 resistances.Ripple price is gaining bullish momentum above $0.2800 against the US Dollar....
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