Universal Protocol Alliance, a blockchain collective including Cred, Bittrex Global, Uphold, Blockchain at Berkeley, CertiK and OmiseGO, has announced the launch of the industry’s first “mega-utility” token, a digital asset that can be used throughout the cryptosphere.The token will launch on Bitcoin.com Exchange before being deployed by stakeholders across multiple verticals, from trading to lending. The news has been hailed as evidence of a concerted effort to unseat the crypto monopolies...
Read More »Tron (TRX) Price Analysis: Back In Downtrend, $0.0150 Holds Key
Tron price is declining and trading below the key $0.0184 support area against the US Dollar.TRX price is under a lot of pressure below the $0.0175 pivot level.There is a key bearish trend line forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more downsides towards the main $0.0150 support area.TRON price started a fresh decline against the US Dollar and bitcoin. TRX price is now trading well below $0.0184 and it could continue...
Read More »Ethereum Price Analysis: ETH Breakdown Looks Real
Ethereum price is trading with a bearish bias below the $180 support against the US Dollar.ETH price is now facing a lot of hurdles on the upside near $180 and $182.There is a major declining channel forming with resistance near $182 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of more losses below the $174 and $170 levels in the near term.Ethereum price is declining below key supports near $180 against the US Dollar. ETH price is likely to struggle near $182 if...
Read More »TikTok Tops Instagram, Facebook as App Wars Rage On
Even though the world of social media is a global affair, all fingers are certainly not equal and like any other consumer market, various platforms fight for dominance among users with some faring better than others. Facebook, in particular, has been a mainstay within the social media market for over a decade and this includes Facebook itself as well as Messenger, Instagram, WhatsApp and so on. However, there is a new crop of social media platforms that threaten its dominance and are reaching...
Read More »Udi Wertheimer: TRON Will Soon Overpower Ethereum
Bitcoin developer Udi Wertheimer says that TRON is about overtake Ethereum as the number two cryptocurrency by market cap.Tron: Outdoing Ethereum?In a Twitter message, Wertheimer says that while the currency won’t necessarily outdo Ethereum in price, it will soon become a far more popular blockchain for companies or individuals looking to produce decentralized applications (dApps). He’s also confident this will all happen within a year.In a tweet, he explains:Watching Justin Sun TRON...
Read More »Bitcoin Gold Is an Example of a “Good” BTC Fork
Alejandro Regojo is the man behind bitcoin gold, which is widely considered one of the more successful bitcoin forks.Bitcoin Gold: BTC’s “Good” Son?Such forks have happened in the past and can lead to somewhat mixed results. In the case of bitcoin cash (BCH), the currency is still doing quite well and is considered the fourth-largest cryptocurrency by market cap.Bitcoin SV (BSV), however, is an entirely different story. While it’s garnered a place in the industry’s top 20, the currency is...
Read More »What Will Be the Major Direction for Ethereum (ETH) in 2020?
At the time of writing, Ethereum was trading close to 1% at its current price of $ 185, a slight increase from its $ 182 low yesterday.The recent volatility of the cryptography markets has led ETH price action of large exchange rate chains like Ethereum to form a close correlation with that of Bitcoin, which means that the aggregated market has plunged into a phase of lateral trading overtime in last days.The situation remains tense and with a clear downward movement of Ethereum prices,...
Read More »BTC Venture Lolli Makes CNBC’s Top 100 Startups List
Bitcoin rewards app Lolli has made a real name for itself.Lolli Is Moving Up the Financial LadderRecently, CNBC placed the company on its list of 2019 startups “to watch.” The list is comprised of approximately 100 new ventures and Lolli is the only one that has to do with bitcoin that seems to have made the cut. Could this be a sign that the currency and the industry surrounding it are about to become far more mainstream?The point of the list is to find companies that could be necessary for...
Read More »Opera’s Fintech Startup OPay Raises $120 Million From Chinese Investors
In recent news, OPay has raised $120 million on a series B round backed by Chinese investors. Their primary initiative for the fundraise is to scale in Nigeria and expand its payments service to Kenya, Ghana and South Africa. The series B round investors, as mentioned above, were mainly from China. The companies include Meituan-Dianping, GaoRong, Source Code Capital, Softbank Asia, BAI, Redpoint, IDG Capital, Sequoia China, and GSR Ventures. In June 2019, OPay also raised $50 million.Opera,...
Read More »US Presidential Hopeful Andrew Yang Plans to Regulate Cryptocurrencies at Federal Level
For the first time in the upcoming United States Presidential elections, a hopeful is paying attention to technology in general and cryptocurrencies in particular. Andrew Yang, who is planning to contest on the platform of the democratic party, has revealed plans to create a Federal Regulatory Agency for cryptocurrencies.He made this disclosure in a blog post which was published last week. He indicated the propensity for fraud within the crypto space due to a dearth of regulatory cover within...
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