U.S.-based crypto exchange Poloniex took to Twitter today to announce the upgrade of its XRP wallets, which will result in withdrawals and deposits being suspended for several hours. What will change? On Sept. 5, the crypto exchange took to Twitter to explain that it will upgrade its XRP wallets to further enhance the user experience....Read More
A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. Someone could have sent 94K BTC for $35 Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion). According...Read More
Ripple price extended its decline and traded towards the $0.2520 level against the US dollar.The price is currently correcting higher, but it is facing resistance near the $0.2570-$0.2580 area.There is a key bearish trend line forming with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains at...Read More
After testing $180 two days ago, ETH / USD bottomed out at $171 on Bitstamp. Right when the price hit that level, decent buy volume pumped the Ethereum price to $175. Due to lack of volume, the market since then has been trading sideways, just like most other cryptocurrencies today. Let’s go over any Ethereum...Read More
ETH price extended its decline and tested the $170 support area against the US Dollar.The price is currently correcting higher, but it is struggling to break the $175 resistance area.There was a break above a major declining channel with resistance near $173 on the hourly chart of ETH/USD (data feed via Kraken).The bulls need to...Read More
For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed. As shown by Chain Link’s research paper, mixing services powered by decentralized oracles can overcome this barrier, September 4,...Read More
Venture capitalist Fred Wilson once believed that Ethereum would surpass the market capitalization of Bitcoin. Yet, persistent scaling problems are causing former advocates to revise their opinions. Investors seem to agree, with ETH trading at historic lows against BTC. “Hard to build on” Fred Wilson, co-founder and managing partner at Union Square Ventures, used to...Read More
Since PlusToken’s wallet team was confirmed to be on the run, global blockchain market has been paying close attention to the $2.9 billion in assets involved. PlusToken’s running funds involve a huge amount of money, and frequent capital changes and possible crushing will become the trigger for panic in market. According to PeckShield Platform, some...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to...Read More
It would appear the notorious ZCash project has hit a fair few hurdles in recent days. Not only is there a trademark dispute regarding the ZCash name, but it seems the price of this altcoin is collapsing as well. Finding a solution to either of these problems may be further away than most people realize....Read More
The University of Gibraltar and Huobi University, a blockchain technology education institution in China, an affiliate of the Huobi Group, the global digital asset exchange provider, have announced the signing of a Memorandum of Understanding (MOU) to explore the development of blockchain education and research initiatives. Albert Isola MP, Gibraltar’s Minister for Commerce, formally exchanged...Read More
