Tag Archives: News

As bitcoin continues to sally forth, the currency is garnering all kinds of attention from industry and media analysts alike.Will Bitcoin Continue to Rise, or Is Another Drop Coming?Many are wondering if this is all a fluke. After all, it wouldn’t be the first time that bitcoin has surged to new heights only to disappoint us somewhere down the line. Remember in December of 2017? The currency hit its all-time high of nearly $20,000 and jumped into new territory, taking the entire crypto space...

Bitcoin, at the time of writing, is still performing quite well and is trading for just over $8,700. The currency has experienced a slight drop of less than one percent over the past 24 hours, though it’s still maintaining its present position in the high $8,000 range.Bitcoin Is a Popular AssetNaturally, analysts are rushing to the “prediction space,” looking to see what could be responsible for the currency’s sudden surge and to discuss where they think it will wind up by the time 2021 is...

XRP fell over 4% after it was rejected around $0.2450 price level versus the US dollar, as Bitcoin traded around $8,900 price level. The XRP price has now moved toward the primary support levels at $0.2212 and $0.2200.During the present week, we recorded great development up in Bitcoin, Ethereum and XRP versus the US dollar. The price of XRP rose past barrier levels of $0.2250 and $0.2320.The price has relentlessly declined after the development of a transient top in the district of $0.2450...

Major crypto exchange Binance has announced a new Binance USD (BUSD) conversion function on its platform. Beginning immediately, users can now instantly convert a select number of stablecoins into the BUSD.Binance BUSD ConversionAccording to the announcement, the supported stablecoins for the new feature include Paxos Standard (PAX), USD Coin (USDC), TrueUSD (TUSD) and Tether’s USDT. For the first three, the announcement states that conversion to BUSD will be settled at 1:1. Binance will...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe application for launching the ETF for the BTC called back againCME Group started trading options for the BTCOn W1 of the Bitcoin, there begin ascending dynamics after a breakout of the resistance line of the 6-months descending channel. It is too early to say this impulse can renew the high. First of all, we should consider a move to the long-term resistance line at $11500.00. All said above, the Stochastic and MACD...

The cryptocurrency market has started 2020 with a huge bang, expanding by an impressive 23% within the first two weeks of the year. The overall market capitalization of the cryptocurrency market – a measure of the size of the market – has grown from $192 billion at the start of the year, to well over $240 billion by the middle of January.BitcoinLeading the pack is Bitcoin (BTC), which constitutes more than 65% of the overall market size. Going from just under $7,200 at the end of 2019 to a...

Ripple CEO Brad Garlinghouse has once again spoken about XRP and why it should not be classified as a security. XRP is the third-largest digital asset by market cap currently trading at $0.227. The asset has, however, had a rough time with regulatory authorities on the topic of its proper classification. While there has been no official ruling yet, the CEO is unwavering about XRP’s status.The XRP LawsuitFor a while now, Ripple has been stuck in a class-action lawsuit to determine XRP’s...

App stores have broken records. Users set a record of 204 billion downloads in 2019. This is up 6% from 2018 and 45% from 2016. $120 billion was spent on subscriptions “in-app” by users. The average user is spending about 3.7 hours daily using apps. App Annie’s State of the Mobile report has indicated this recently. The report demonstrates mobile app usage trends and also forecasts future data.According to the report, emerging economies led to this growth. India, Brazil, and Indonesia are...

The global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving Mobileye has long been competing with such companies as Waymo, Velodyne Lidar, Oryx, and more. And there is no surprise as this industry requires a quick reaction to constantly changing demands. Mobileye aims to surpass Waymo and other players, therefore, the company is bringing the big guns. Mobileye has decided to deploy commercial robotaxi services and focus more on its...

Through a bonded courier, Craig Wright has delivered what should be the key ingredient for access to the controversial Bitcoin vault. As the case between Wright and the Kleiman estate has raged on for a while, the crypto community expected that this means the case is one step closer to resolution. However, this is not the case as the Kleiman estate has called Wright out on another case of foul play.The Bonded Courier from Craig WrightLast year, the case between Wright and the Kleiman estate...