Bitcoin price shot 4% on Thursday to surpass $9800 levels along with a sudden spike in the Open Interest. The community is enthusiastic about the upcoming Bitcoin halving event, however, the coronavirus outbreak in China is severely hurting the region’s mining business.In the last three days since February 5, Bitcoin price has added over $500 to its price taking it closer to $10,000 levels. On Thursday, February 6, BTC price surged above $9800 with nearly 4% gains. Moreover, with this move,...
Read More »Token Sales May Have 3-Year Safe Harbor Period, Offers SEC Commissioner Hester Peirce
While a digital asset may look like a security at first, it could potentially become decentralized enough in the following years to no longer resemble a security. Bearing this principle in mind, SEC commissioner Hester Peirce has proposed a safe harbor period for token sales.The official at the Securities and Exchange Commission (SEC) Hester Peirce, named “CryptoMom” by the crypto community, suggested a so-called ‘safe harbor’ for all upcoming token projects. Her opinion is that this could...
Read More »BitGo Allows B2B Crypto Trading from Custody Accounts
It has been announced that SettleBit financial solutions entered in a partnership with BitGo to provide a new Bitcoin custody service to its longtime supporters.Crypto custody provider BitGo is expanding its services. The institutions that use BitGo Bitcoin custody service now receive a possibility to trade digital assets right within it. This is done via API integration, where a client’s price offer instantly matches with the network soon after verification of incoming funds. During the...
Read More »Gemini Exchange and TradingView Form New Partnership
Millions of investors on TradingView can now buy Bitcoin, Ethereum, Bitcoin Cash and Litecoin through Gemini partnership.Gemini account holders and TradingView investors can now rejoice after the two companies decided to integrate their services. This was reported through their official web pages on February 04, 2020, where Marshall Beard, Gemini Corporate Development, was delighted to announce the news to the customers.With both entities having different tastes to offer to their customers,...
Read More »Bitcoin Price Is Around $9,300 while Bitcoin Halving Is Just 98 Days Away
It is most likely that Bitcoin will gain from a rapid drop in Asian stock markets due to the coronavirus menace. Crypto analysts believe that the flagship token will gain soon. Apart from that, the halving event is fast-approaching. Bitcoin is less than 99 days away from its halving event. Most of the market commentators are bullish on its impact.Bitcoin price smashed the $9,600 hurdle for the first time since November 2019. Nonetheless, the weekend session was also dominated by significant...
Read More »XRP Price Surges Beyond $0.25 after Ripple Unlocks 500 Million Tokens from Escrow
The XRP token had a great start to the week following a 2.82 percent surge in price after Ripple, the company that is using the cryptocurrency in its solutions, released 500 million tokens from an escrow account on Feb. 1, at least according to data provided by resource monitoring website Whale Alert.In the last 24 hours, XRP price has spiked from $0.2460 to its current price of $0.2522, CoinMarketCap data shows. XRP’s gains extended across the board to other altcoins particularly those in...
Read More »Largest Ethereum 2.0 Testnet Gets More Than 22,000 Validators
As the Ethereum community anticipates Ethereum 2.0, a public testnet has already recorded impressive participation. The testnet has already pulled in more than 22,000 validators.Ethereum 2.0 Testnet from Prysmatic LabsThe test in question is the one from Prysmatic Labs, a team of software engineers basically working on the future of Ethereum. It launched its testnet on Thursday, September 9 and quickly dwarfed all other single-client tests within a week.By Thursday last week, former Google...
Read More »Ethereum Is Staging Symptom of Back-Pedal in Latest Advance, Kindling the Bears
At the hour of composing, Ethereum is drifting underneath about 3% at its ongoing price of $138.51, which denotes an amazing diminishing contrasted with past daily highs of $148, which were set at the highest point of prior day’s rally and latest intraday high of $141.38.It is essential to see that Ethereum is very momentous up from weekly lows of $126, anyway it’s most recent advancement is by all accounts in danger of an inversion as bearish sentiments increases.The Ethereum bulls...
Read More »Ethereum Upward Rally Strained due to Developers Change of Strategy
Ethereum is drifting on the price level at $143.64 in the generally positive market. At the same time, Ether’s on the spot upside is restricted to the price level at $145 notwithstanding the obstruction offered by the falling trendline.Ethereum can even now slant past the price level at $160 for the time being, however, the bulls should initially defeat the opposition by $150 price level.Ethereum has framed a higher structure from December 18. Brief times of consolidation additionally would,...
Read More »Ethereum Railroad Aligns with the Anticipated Hard Fork
The Ethereum team will activate Muir Glacial hard fork on January 1 or 2. An update is important to defer the purported difficulty bomb by another 4 million blocks, and this will occur in block 9,200,000.Ethereum (ETH), the second-biggest computerized asset with a continuous market estimation of $14.5 billion, totally changed its benefit toward the end of the week and added up to $130.50 at the hour of composing. ETH/USD has lost over 2.5% over the most recent 24 hours and has stayed...
Read More »