Online cryptocurrency platforms have made it easy for customers to purchase well-known retail gift cards.With the holiday season just around the corner and Covid making Christmas extra digital this year, gift cards will be in high demand. However, wanting to pay in a certain cryptocurrency can be difficult when online shopping, with retailers not providing crypto payment options. So here’s a rundown of how to pay for gift cards using cryptocurrency platforms as a medium.Where Is the Crypto...
Read More »Market Watch: Bitcoin Records Highest Ever Market Cap, ATH Price Next?
Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its market capitalization, despite the price being lower than back in 2017. Bitcoin Calms After The Storm People use many words...
Read More »XRP Facing Crucial Resistance at $0.30, First Time in 76 Days (Ripple Price Analysis)
XRP/USD – Bullish Explosion Leads To XRP Hitting $0.3 Key Support Levels: $0.295, $0.29, $0.286.Key Resistance Levels: $0.3, $0.31, $0.321. XRP penetrated above a symmetrical triangle last week as it started to climb higher again slowly. The coin penetrated above resistance at $0.261 and pushed higher into the $0.271 level (bearish .618 Fib). The coin stalled here for a couple of days but managed to surpass it yesterday as it surged toward $0.29. Today, XRP continued higher...
Read More »Ripple Exec David Schwartz Has Lost a Lot of Digital Money
David Schwartz, the chief technology officer at Ripple, has lost more than $300,000 after investing in assorted altcoins.David Schwartz Has Lost a Lot of Crypto in Recent YearsThe crypto space can be quite speculative. In fact, it is often said that people who choose to invest in crypto should be prepared (somewhat) to lose their entire investment. The volatility of cryptocurrencies and the vulnerability of the space to hackers and malicious actors are two of the biggest contributors to the...
Read More »Ripple Price Analysis: More Upsides Likely Above $0.275
Ripple price started a strong increase above the $0.2600 and $0.2650 resistance levels against the US dollar.The price rallied towards the $0.2780 level and settled well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well bid and it seems like the bulls are eyeing more gains above $0.2750 and $0.2780.Ripple price is gaining pace above the...
Read More »Ripple Price Analysis: XRP Bulls Finally Wake Up and Break Above $0.27, What’s Next?
XRP/USD – Bulls Finally Break October Range Key Support Levels: $0.27, $0.261, $0.251.Key Resistance Levels: $0.271, $0.28, $0.286. XRP surged by 6.8% over the past three days, which allowed the coin to break above the upper boundary of a 2-month-old range at $0.261. This resistance was provided by a bearish .5 Fib Retracement and prevented XRP from pushing higher during both September and October. After breaking $0.261, XRP continued higher to reach the $0.271 (bearish .618...
Read More »Bitcoin Plunges Below $16,000, Correction Started? (Market Watch)
After marking a new yearly high of $16,500, BTC now seems to be retracing. The cryptocurrency dropped to as low as $15,750 and recovered to where it’s currently trading at $15,880. Most altcoins are following suit. The Correction Begins? There’s a saying for traders that goes – ‘what goes up, must come down.’ In other words, it’s completely typical and healthy market behavior for prices to correct. This gives buyers the opportunity to consolidate and continue accumulating....
Read More »Crypto Price Analysis & Overview November 13th: Bitcoin, Ethereum, Ripple, Chainlink & Cardano
Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over and drop into the $14,850 support last Saturday. Bitcoin managed to rebound higher from there as it started to climb on Sunday. The coin did not return to $16,000 until Wednesday,...
Read More »Ripple Is Up with New Trademark ‘PayString’
Amid the growing concerns about relocating its corporate headquarters due to regulatory concerns, Ripple Labs has filed a new trademark PayString.Ripple Labs Inc has filed a new trademark with the United States Patent and Trademark Office (USPTO) for a business entity dubbed PayString. According to the data on the USPTO platform, the Ripple PayString filing was made on November 6th and the trademark has a mark that consists of a stylized circle design with four lines radiating from it.The...
Read More »Bitcoin Dominance At a 5-Month High as Altcoins Take a Beating (Market Watch)
Bitcoin marches confidently towards new yearly highs while most alternative coins have failed in pursuit. Consequently, BTC’s dominance over the market has climbed above 65%. Red Dominates The Altcoins On a 24-hour scale, most alternative coins have either decreased in value or remained stagnant. Ethereum initiated a leg up towards $470, but the bears didn’t allow any further increases. In fact, they drove ETH’s price south, and the second-largest cryptocurrency struggles at...
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