Tag Archives: Cryptocurrency News

The new EOS-based social network Voice in its beta version will start on 14 February 2020 and is set to reward users with its token, thus bringing the desired freedom of speech and ad-hoc monetization that lacks in other social networks. Presented by Creators of EOS, Voice will Not Manipulate Data Particularly, using the blockchain technology, Voice can set all its operations to move through blockchain. When blockchain records inner operations of the network, it is impossible to insert...

Bitcoin’s price action has been mind-numbingly boring as of late.A prominent trader believes that this will change once we turn the calendar.Other analysts also agree that 2020 would be the year of bitcoin.With the exception of a brutal pump and dump on Wednesday, the price action of bitcoin has been far from exciting over the last few weeks. Since the end of October, the number one cryptocurrency has lost nearly 30% of its value. The slow bleed with a couple of dead cat bounces have...

Legendary trader Peter Brandt shared his bitcoin report to the public.In the report, the analyst shared two scenarios that can propel bitcoin to $100,000 or even higher.The trader also stressed in the report that possibilities are not certainties as there’s always a chance that his scripts don’t play out.Peter Brandt, the most followed trader on Twitter, was feeling extra generous this week. The veteran analyst made his Bitcoin Live Crypto report available at no cost. In this particular...

During 2019, Ripple, a San Francisco-based organization developing the ecosystem around XRP has gained prominent partnerships to boost the use of XRP. XRP is one of the most pressing digital money forms for weekend recovery. The Asian session was portrayed with a slight 0.2% increase in price while the European session continues. Instability extends near the evolving technical pattern. XRP/USD bounces back at $0.2225 although it opened Friday session at $0.2228. In the hour of writing, XRP...

On Wednesday, Bitcoin jumped 9.92% from the day low of $7,080 to $7,775 during only 5 hours of the trade. However, at the end of the day, the price closed at $7,199. The Bitcoin price seems to be slowing down every time it meets resistance at $7,800 and cannot set a higher high above $8,000. Traders can see that the highest volume happened when the prices were $8,040 and $7,850. However, since prices started to drop as soon as they reached those heights, it can be presumed that the next bull...

The European Union has finally made its position clear on the issue of global stablecoins being deployed and used within its borders. The Council and the Commission explained their position in a joint statement. While the authorities acknowledged the importance of technological innovations which can be of great advantage to the financial sector, they also acknowledged the problems and risks that come from such an arrangement. They include money laundering, cybersecurity, privacy consumer...

Cryptocurrencies continue to make strong inroads in the global economy as even the global governments and banks have started experimenting with crypto assets. In its latest report dubbed Imagine 2030, Deutsche Bank analyst Jim Reid said that cryptocurrencies will dominate and replace fiat currencies over the next decade. With economic uncertainty brewing up all across the globe, Reid believes that government-backed fiat currencies won’t be sustainable. He said that there is a surge in demand...

With all the advancements currently being made in the crypto industry, there is a constant need for continuous sensitization and education as this is probably the only way to ensure that the sector maintains an increasingly robust growth. This need for important knowledge has been recognized by popular crypto personality Mati Greenspan, who used to be the senior financial market analyst at the eToro trading platform. Greenspan will now begin to make training videos on Bitcoin trading along...

Trials for a French wholesale central bank digital currency will kick off next year.France is responding to the threat posed by Facebook’s Libra to monetary policy sovereignty.The EU country is hoping to be the first to issue a wholesale CBDC.Immediately after Facebook announced its plans for a global cryptocurrency, France emerged as one of the social media giant’s biggest opposition to Libra. One of the arguments that French officials put forward in their case against Libra then was that...

Premier cryptocurrency lending service BlockFi has introduced a new feature. It is trading at no fees for Bitcoin, Ethereum and the stablecoin GUSD. The startup has been known to allow users access to returns on their cryptocurrency holdings by offering loans to borrowers against users’ cryptocurrency holdings and then passing across the returns in terms of interest on the loans while securing the crypto assets that were used as security for the loans.  While this model is known to have been...