Tag Archives: News

The bears seem to be taking control of the crypto markets as Bitcoin and altcoins, including Ethereum and XRP, are losing heavily to wipe out all the last week’s gains. But technical indicators suggest good days ahead of this market correction.Bitcoin which was on an upswing last week took the beating on the weekend. The Bitcoin price nose-dived below $10,000 levels on Sunday, February 16, losing more than $300 in an hour.Having broken this crucial support, the world’s largest cryptocurrency...

Vitalik Buterin is enthusiastic about the world of decentralized finance, largely built on Ethereum. Moreover, he believes in the absolute success of Ethereum 2.0.Last week, the largest hackathon for Ethereum and other blockchain protocol enthusiasts ETHDenver 2020 took place in Colorado. Within the 3-day event, a wide range of activities is offered, including talks of top blockchain experts on the development of the industry. Ethereum co-founder Vitalik Buterin delivered a speech as well. He...

Stellar lumen price topped near the $0.0888 area and declined heavily against the US Dollar.XLM price broke a few key supports near $0.0800 to enter a bearish zone.There was a break below a major bullish trend line with support near $0.0752 on the 4-hours chart (data feed via Kraken).The pair even broke the $0.0700 support area and it is currently consolidating losses.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM could continue to move down if it...

Ripple-backed MoneyGram has announced that the new service called FastSend, that was created to allow customers to send money directly to the phone numbers of recipients, will be based on Visa and not on RippleNet or XRP.International remittance giant company MoneyGram has recently announced its new FastSend service in order to facilitate the transfer of money to the recipient’s phone numbers. The service will be powered by Visa and not by the pre-existing partnership with Ripple that offers...

Ripple price topped near the $0.3480 area and started a strong decline against the US dollar.The price is down more than 15% and broke the $0.3000 support area.There was a break below a key bullish trend line with support near $0.2885 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair tested the $0.2680 support area and it is now showing a few bearish signs.Ripple price started a strong bearish wave from well above $0.3400 against the US Dollar. XRP price is now...

A cryptocurrency investor is telling the rest of the trading world that bitcoin could be headed for a downhill slope if things ease up in China. Omer Ozden – the CEO of Rock Tree Capital – claims that if problems like the coronavirus calm down, we’re likely to see less trading activity in the coming months.Omer Ozden: If the Virus Goes, Crypto Trading Could GoThe coronavirus has been running through areas like China for the past several weeks. Over 1,000 deaths have been recorded, and the...

Crypto investor Mike Novogratz says that big things will happen for bitcoin this year.Mike Novogratz: BTC Will Hit a New All-Time HighIn a recent interview with CNBC, he commented that the currency could exit 2020 having hit a new all-time high. The previous record for bitcoin is just shy of $20,000, which the world’s number one cryptocurrency by market cap reached at the end of 2017. He’s confident that in approximately ten months, the currency will strike an even higher range.He...

Uh-oh. Is bitcoin suddenly beginning to lose its momentum?Could Bitcoin Be Heading for Oblivion?The world’s number one cryptocurrency by market cap has started the day off at just over $9,900. This means that the currency has dropped by more than $400 over the past 24 hours. It’s got a lot of people worried considering just how well bitcoin has been doing for the past week.Not long ago, BTC jumped beyond the $10,000 mark. Many believed that this was a sign of great things to come – that...

Bitcoin expert has compared coronavirus trends with the possible Bitcoin price movement and claimed that the stochastic modeling and other tools work perfectly in this case.Balaji Srinivasan, who used to work at Coinbase and now writes for Nakamoto.com, claims that Bitcoin price can hit $100,000 after striking twice the important psychological level of $10,000.The Nakamoto.com analyst claims that Bitcoin’s rally is pretty predictable if you look at the stats under a certain angle. Whether...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...