A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market is actively correcting but the current movement is looking more like a rebound before a new wave to the downside. However, in the chart of...
Read More »Ethereum Co-Founder Vitalik Buterin Wants Easy Bitcoin to Ethereum Swaps
Ethereum network co-founder and the brilliant mind Vitalik Buterin claims it’s a shame that the community still has to rely on ‘trusted’ parties to send Bitcoin value to Ethereum and back. He offers to change this using the Uniswap-alike decentralized solution.In a series of pretty interesting Twitter posts, Vitalik Buterin outlines presumable Ethereum future steps. Those steps needed to investigate the paranormal fact: Bitcoin and Ethereum still have no cheap and reliable means of...
Read More »Bybit Announces Sweeping Changes with New USDT Contracts
The rollout of USDT contracts introduces some major flexibility improvements to margin accounts. USDT will be the single currency for all user account balances, profits, and losses.March has been an extremely challenging month for the crypto markets, but at least some exchanges are keeping calm and carrying on with their roadmaps. Bybit has confirmed it’s rolling out some significantly enhanced functionality to its trading platform with the introduction of USDT contracts. The changes will...
Read More »Ethereum Price Analysis: ETH Eyeing Key Upside Break Above $140
Ethereum price is gaining traction above the $120 and $125 resistance levels against the US Dollar.ETH price is likely to grind higher towards the $155 and $160 resistance levels.There is a major bearish trend line forming with resistance near $137 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported near the $122 and $120 levels.Ethereum price is showing positive signs above $135 against the US Dollar. ETH/USD must surpass $137 and $140...
Read More »Bank of China Disqualifies Claims that Bitcoin Can Be Safe Haven
The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.In a series of posts on WeChat, the Bank of China vehemently disqualified claims that Bitcoin can be classified as a safe haven, due to its high volatility especially in this period of coronavirus outbreak. The post which was titled, ‘3.15 protection of...
Read More »Italian Bank Opens Bitcoin Trading Platform, Coronavirus Death Toll in Italy Tops China
Italian bank Banca Sella is now offering its 1.2 million customers the ability to trade Bitcoin through their accounts, using a platform called Hype platform.An Italian bank Banca Sella has come to the rescue of the local people to offer a Bitcoin trading platform, as Italy struggles to contain the contagious coronavirus. According to a statement by the bank, it will now provide its 1.2 million customers with a platform to trade Bitcoins with their available balances. Banca Sella has named...
Read More »Ethereum Co-Founder Vitalik Buterin Highlights His Views on Ethereum 2.0 for Next 5-10 Years
Ethereum 2.0 is scheduled to be launched this year. Vitalik Buterin has shared his opinion on all the changes that may come in the future.Ethereum co-founder Vitalik Buterin went to Twitter to highlight his approximate view on what the next five to ten years of Ethereum 2.0 and beyond might look like. However, he gave a disclaimer that the roadmap-highlights are his current views, and he respects other peoples’ ideas. At the same time, Buterin said that he has an open-mind concept for future...
Read More »Bitcoin Price Above $6,700 as Cryptocurrencies Rise $23.8 Billion in 24 Hours
Bitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. Major cryptocurrencies like XRP and ETH have followed the rally, as the market cap has risen by $23.8 billion in 24 hours.The crypto community can afford a smile, after days of market price free fall. Led by the mother coin Bitcoin, the cryptocurrencies rose by nearly 20% in 24 hours, rejuvenating the lost hope. At the time of writing, Bitcoin was trading slightly above $6,700,...
Read More »Road to Efficient Cross-Border Payment Network
Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.Cross-border transactions play a crucial role in the payment industry as the world economy is becoming progressively interconnected and global.The global remittance market’s growth is a decent indicator of the above-mentioned. According to a recent report, the revenue of cross-border transactions could nearly double in...
Read More »Crypto Price Analysis March 18: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The currency market failed to get over another collapse. In general, there is a great potential in Bitcoin for a rebound upwards and new growth in anticipation of...
Read More »