In a strange twist of events, Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – is doing far better than BTC.Is Ethereum Becoming a Tougher Coin?Technical charts show that transaction volumes for ETH, for the first time in a while, are surpassing those of bitcoin, and that there’s far more activity as of late surrounding the world’s second primary form of crypto. How can this be, and will this enable ETH to gain price momentum and...
Read More »Bitcoin Shoots Past the $7,400 Mark
We’ve got some good news, folks. At the time of writing, the world’s number one cryptocurrency by market cap – bitcoin, of course – has shot past the $7,400 line for the first time in weeks.Bitcoin Is Heading HigherThis is a significant improvement over the $7,100 level it’s been trading at for some time. While the currency rose this high during the mid-December point, it appeared bitcoin couldn’t retain this level of momentum, and immediately fell back down to the low $7,000 range. Now, it...
Read More »Uncertain Optimism about the Anticipated Ethereum Hard Fork
In general, the crypto sphere was not encouraging for most of this week, as Bitcoin merged in the low range of $7000, but Ethereum continues to weaken.After the particularly harsh end of 2019, it may seem that shortly the fate of Ethereum financial speculators will not change. The second-largest crypto asset in the world will have a bearish end in 2019. The price of Ethereum continues to crumble and now the network is getting progressively exasperated due to planning the next network...
Read More »Ethereum Price & Technical Analysis: ETH Remains Under Pressure
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD price technical analysisMost ETH holders keep losingThe ETH hardfork may happen on January 1stOn W1, there is still a declining wave developing to the low of $80.86. The interim and local support area is the psychological level of $100.00. The resistance is at $163.00. The MACD and Stochastic support the idea of declining.On D1 the quotations keep moving inside the channel, which may support the bearish confidence. The aim of the...
Read More »Binance.US Beta Service Now Available for Android Users as Well
Just in time, before the new year has started, Binance said that its crypto exchange for United States-based users, Binance.US, is now available for beta testing on Android devices.In a tweet published on Christmas, the U.S. subsidiary encouraged its users to engage in the beta test of the crypto trading application on Android devices. Through this test phase, users will be able to ease some issues for Binance.US.For example, users will be able to help in identifying eventual bugs and...
Read More »Ethereum’s Vitalik Buterin Lashes Out at YouTube for Deleting the Platform’s Roadmap Video
Two days back, several crypto enthusiasts reported that YouTube has removed several crypto-related channels. The attack on these channels came without any prior warning as the video platform removed crypto videos suddenly.The crypto channel owners said that YouTube removed the videos flagging them as “harmful and dangerous”. Moreover, one of the channel owners said YouTube flagged his video as “sale of regulated goods”. It has turned out that YouTube has also not spared several informational...
Read More »Beijing-Shanghai High-Speed Railway Could Become China’s Biggest IPO since 2015
Beijing-Shanghai High-Speed Railway Co. is said to kick off its initial public offering on January 6, 2020. This will be the first IPO, where investors will be able to buy shares in what we can call the world’s largest network of this kind.The operator of China’s high-speed rail line between Beijing and Shanghai is a unit of state-owned China Railway Corp. It said to sell as many as 6.3 billion new shares, or 12.8% of enlarged capital, through the listing in Shanghai. Still, the company...
Read More »Vitalik Buterin and CZ Want to Have Censorship-Resistant Platform for Crypto Community
A few days ago we reported about the YouTube crypto ban. It has turned out that the biggest video sharing platform moved, deleted or banned some videos related to crypto. Hell, it deleted the whole groups connected to it, as well as the users’ profiles.However, the force is strong in the crypto community and it has been proven once again. Just a day after it was reported YouTube removed what it said was “harmful or dangerous content”, the crypto community went wild. And, as we already...
Read More »Tesla’s Hiring Process Doesn’t Require a College Degree, Says Elon Musk
CEO Elon Musk said in a recent tweet that Telsa’s hiring process doesn’t require a degree. He said this in answer to a question on his twitter handle. This is in line with the Technology Entrepreneur’s belief that people are more important than their academic qualifications. It has also affirmed the belief that there are people who possess abilities that college degrees can’t measure.Yes— Elon Musk (@elonmusk) December 22, 2019This echoes the same requirements he gave for employment at the...
Read More »$17 Trillion Jump in Global Stock Markets to Continue in 2020
The general consensus this year, even by people who aren’t exactly deep into financial metrics, is that 2019 has been mostly good. On average, global stock markets have performed impressively and still push on. For specifics, Deutsche Bank’s Chief Economist Torsten Slok has highlighted the global stock markets’ 2019 pump to be over $17 trillion.For several reasons including more attention by government and financial authorities, the progress has been quite noticeable. According to Slok,...
Read More »