Popular Ethereum browser extension and wallet service MetaMask is back on the Google Play Store after going through a weeklong ban. On January 1, 2020, MetaMask shared this good news on Twitter by thanking the entire community.MetaMask is a very popular Google Chrome browser extension that hosts a built-in crypto wallet running Ethereum-based decentralized applications (DApps). Moreover, its unique feature is that it allows Ethereum DApps to run without requiring a full Ethereum node.MetaMask...
Read More »Ripple Is Looking to Boost Its Presence in Brazil
Ripple, the third-largest cryptocurrency by market cap, has announced that it will spend most of 2020 trying to build new partnerships with banks in Brazil and South America.Ripple Wants to Build Itself Up in South AmericaThe main goal is to make remittance payment capabilities stronger within the nation’s borders. Ripple began building up its presence in Brazil in mid-2019 and has already established relationships with several leading financial institutions including Bradesco, Santander and...
Read More »Are ICOs Making An Unofficial Comeback in China?
Initial coin offerings (ICOs) may be coming back to China, but this isn’t necessarily a good thing.ICOs Are Making an Unwarranted ComebackChina has issued a statement saying there’s been a “resurgence” of bitcoin, crypto and blockchain-related activities within the nation’s borders. One thing that’s allegedly been happening, according to sources, is that ICOs are making a slow but triumphant return to the country, but this isn’t warranted or promoted by regulators. They just seem to be...
Read More »The Tale of Crypto Exchange Wex and Its Creator Alexei Bilyuchenko Just Got Weirder
Alexei Bilyuchenko – a computer programmer who was allegedly involved in the fall of the ill-fated cryptocurrency exchange Wex in 2018 – says he was tricked into handing over all the exchange’s assets and tokens to fraudsters, which set off the platform’s inherent collapse.Bilyuchenko Comes Forward with a Strange StoryAt the time of writing, it is believed that the exchange lost as much as half-a-billion in assorted crypto funds.Bilyuchenko shares ties with Alexander Vinnik, the reported...
Read More »Here’s How Ex-Professional Poker Player Lost $500k in Crypto and Realized Meaning of Life
Alex Copenhagen decided to come back to his YT channel dedicated to crypto and bring a new life to it. He will be posting new videos about business, self-development, lifehacks, interviews with entrepreneurs and more. He said that losing $500,000 in 2019 taught him important life lessons.Alex is sharing his story in a short video, sending out the hope that his data will be valuable for lots of crypto-related folks. Copenhagen got into cryptocurrency space in around 2013 when Bitcoin was worth...
Read More »Scalability, Hard Fork, General Crypto Bias Lay Constraint on Ether
Ethereum, the decentralized computing platform behind the token, has been trying to extend its network for years with a series of upgrades that may eventually transform its Proof-of-work protocol into a staking network. The improvements took longer than expected, and some analysts doubt that this difficult technical achievement can be achieved. Besides, several new entrants to the sector have put pressure on Ethereum as an increasing number of developers are moving towards newer options.The...
Read More »Bitcoin Record Hash Rate Means Just One Thing – Buy
As we have already reported, Bitcoin (BTC) was for sure the best profitable investment in 2019. If we compare it to “more traditional assets” it still seems we are right:• Nasdaq: +33.98 percent• S&P 500: +30.80 percent• Dow Jones: +24.23 percent• Gold: +17.83 percent• Bitcoin: +96.81 percentAlso, the network hash rate once again breached previous records as well. When looking at the data from numerous monitoring resources – it is sure that the hash rate was at its highest on the first...
Read More »Litecoin (LTC) Price Analysis: Signaling Downside Extension Below $41
Litecoin price is currently declining and trading well below $44.00 against the US Dollar.LTC price is likely to continue lower below $41.00 and $40.00 in the near term.There was a break below a major bullish trend line with support near $41.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might find support near $39.50 and start a fresh recovery above $42.00.Litecoin price is struggling to rise above key hurdles against the US Dollar, similar to bitcoin. LTC...
Read More »Bitcoin Price Analysis: BTC Could Dive Before Fresh Upside
Bitcoin price started declining after it failed to surpass the $7,380 resistance area against the US Dollar.The price is now trading well below the $7,300 pivot level and the 55 simple moving average (4-hours).There was a break below a connecting bullish trend line with support near $7,220 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could dive below the $7,060 support in the near term before a decent upward move.Bitcoin price is slowly moving lower towards the...
Read More »2020 Is Underway, but Bitcoin Is Off to a Rocky Start
The year 2020 has finally arrived, and it looks like bitcoin is off to a mediocre start.Are Things Already Going Awry for Bitcoin?At the time of writing, the world’s number one cryptocurrency is trading for just over $7,200, meaning it has taken a $200 nosedive over the past couple days. What a pleasant (insert sarcastic note here) way to start off the new year.Many are worried that at the end of the day, 2020 will be just another year in which bitcoin repeats its wild price behavior. The...
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