Tag Archives: News

Ripple price is currently consolidating below the key $0.2500 resistance area against the US dollar.The price must settle above $0.2500 and $0.2600 to start a fresh upward move.There is a major bearish trend line forming with resistance near $0.2420 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could resume its decline if it continues to struggle near $0.2500 and $0.2600.Ripple price is facing a strong resistance near $0.2500 against the US Dollar. XRP price...

Facebook’s Libra is getting some criticism from an unlikely source: Ripple’s Marcus Treacher.Treacher: Libra’s Got to Open Up a BitTreacher is the company’s senior vice president of customer success. According to an interview he did with CNBC his primary complain is that Libra will be a “closed system” or a “walled garden” as he calls it.This basically means that Libra will be largely controlled by a team of executives. The power will not be in the hands of the people who use it, but in those...

Hut 8 is a company that claims to be a new kind of mining firm. As bitcoin’s price crashes this week, some have taken notice of the increased hash rate in the bitcoin mining arena, and some are very curious how new companies are looking to extract new coins.Hut 8: New Ways to Access CoinsAccording to Andrew Kiguel, the CEO of Hut 8, the company’s name is taken from a project led by Alan Turing, a British mathematician who broke the Nazis’ enigma code during WWII. In a recent interview, he...

At press time, the number one cryptocurrency by market cap – bitcoin – has fallen below the $8,000 mark yet again and is currently trading at approximately $7,950.Bitcoin: It’s Ugliest Week in a Long TimeThe currency has had a rather ugly week, falling by more than 22 percent in just a matter of days. The trouble started last Wednesday when the currency dropped from the mid-$9,000 range to about $8,100 in just a matter of minutes. From there, the currency struggled to pick itself back up,...

Even though it’s world known fact that Apple products are “made in USA” but assembled in China – it didn’t stop US President Donald Trump to impose sanctions to Chinese companies (every and each one of them) including the 34% year-on-year growth and 14% of market share company – Huawei.The year 2019 has not been a good one for Huawei. Everything started with the US accusations of Huawei spying on US corporations. Trump administration then decided to launch a “one-two punch” combo in its fight...

Litecoin, the sixth-largest cryptocurrency by market cap, has had something of a rough week, and is experiencing up-and-down behavior like nobody’s business.Litecoin Is Attached to Bitcoin’s HipTo be fair, Litecoin isn’t alone in its present dilemma. Bitcoin, for example, is currently trading in the $8,100 range – roughly $2,000 less than where it was when last week ended. Ethereum is also down for the count, trading at around $168 at press time from last week’s “high” of $190.Litecoin,...

Is Ethereum all it claims to be, or is there something ugly brewing underneath the surface?Ethereum: the Fight Wages OnMany Ethereum miners are being accused of harassment following a dispute involving NVIDIA, which several critics claim is trying to “undermine” the Ethereum network. Some believe that the accusations floating about are valid and should be looked at, while others say Ethereum is the victim of a potential scheme that’s trying to knock it aside.Prog Pow is an upgrade that exists...

Fair Win, a gambling platform built on the Ethereum network, is alleged to have several vulnerabilities that put players’ funds at risk. Philippe Castonguay, and R&D researcher at Horizon Games, comments that all respective details regarding the vulnerabilities “will be published soon.”Fair Win = Unfair LossesThe researcher refers to the gaming site as a “Ponzi scheme,” saying that players are promised serious ETH-based gains granted they play their cards right. That, right there, should...

This week was pretty severe when talking about tariffs the US imposed on Chinese goods lifting it every day more and more. When talking about US-China trade war, it’s important to stress out that this is something that started happening already back in the 80’s. However, since Donald Trump is sitting in the White House, the situation is slowly getting out of control – but really.We can all understand that one’s statesman policy can be about buying more local products, tightening import,...

Ever since Facebook’s Libra was first announced earlier this year, it seems like cryptocurrency and social media just go hand in hand. A blockchain startup and the subsidiary of IOV Labs, RSK, has announced that it has purchased a social media platform called Taringa, based in Argentina. This gives the company access to the platform’s 30 million+ account holders. Taringa Users Can Get Crypto for ContentThe partnership will create a rewards program in which users of Taringa can garner digital...