December 27, 2019

Cosmos Hits Five-Months High While Market Struggles for Direction

The cryptocurrency market continues its struggle to find a directional bias over the Christmas holiday period, with most coins in the top 20 trading sideways. Bitcoin held support around the $7,100 level after being quickly sold off from the $7,430 level on Thursday. CME and BitMex contract expirations today may be behind yesterday’s price movements....
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Brian Armstrong – Mighty Mind Behind the Coinbase Exchange

Having a worth of about $1.6 billion, Coinbase is the world’s largest and most successful digital currency exchange. Starting in 2012, this company has taken over its competitors in a short period. Also, it has facilitated more than $50 billion worth of digital currency. So the question arises that who started this amazing company? Who...
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Ripple’s CEO asserts world does not need 3000+ cryptocurrencies

Ten years on since Bitcoin’s inception great minds have flocked into the space. While a few of the cryptocurrencies happened to be forks of the king coin with negligible market cap, others have survived purely because it addressed unique offerings. Along with market capitalization, investor appetite and institutional coverage for cryptocurrencies have increased exponentially. However,...
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NPCI’s Vajra Blockchain Payment Ventures India Market

Crypto in India is still yet to be adopted on a full scale. Yet, as well as based on DLT. The platform will ensure super-speed, efficient and easier transactions. NPCI ventured into the distributed ledger technology realm to create a payment system that allows for high-speed, super-secure transactions in India. Vajra Indian blockchain payment system...
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MetaMask App Removed by Google: Is Crypto Under Attack?

The MetaMask app has been suspended from the Google Play Store. Citing concerns that the app mined on user devices, this is the second time this week that Google censors cryptocurrency ecosystems hosted on its platforms. MetaMask is an Ethereum wallet that includes advanced features to interact with dApps and  other non-transactional uses. In a...
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Central Bank of Bahamas Digital Dollar Gets a Launch Date

Earlier we had reported that the Bahamas has plans to launch its own digital version of Bahamian Dollar. The initiative is termed as Project Sand Dollar. However, a stipulated time-frame was not decided for this project execution. The latest update is that Central Bank has started the project’s pilot phase in Exuma this 27th December...
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Crypto’s Counterpunch to U.S. Hegemony and Empire

“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony refers to the leadership or dominance of one country or group over others. A nation...
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Ripple CEO Predicts Market Migration Toward ‘Quality Cryptocurrencies’

A recent episode of The Ripple Drop saw executives give their predictions on the state of the crypto world in 2020 and beyond. Ripple Team Looks to the Future Ripple has recently released a special holiday episode of ‘The Ripple Drop’, which looks back on the things that impacted the crypto and blockchain industry over...
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Kleiner Perkins’ Investor Shares Her Blockchain Predictions for 2020

Monica Desai Weiss, an investor at the venture capital company, Kleiner Perkins, recently had an interview in which she shared her predictions regarding fintech and blockchain in 2020. The year 2020 is almost here, and with it, an entirely new decade is about to kick off. Many expect it to be the age of technological...
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Bitcoin Price Analysis for December, 27th – BTC Slightly Declining at the End of the Year

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, December 27th, the activity shrunk to a minimum. The leading cryptocurrency is trading at $7181.00 and declining slightly. Judging by the dynamics on D1, market participants are aimed at 76.0% ($5700.00) but stopped yet near 61.8% Fibo. At the decline, there is a convergence on the...
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Bitcoin mining mostly uses ‘energy that otherwise wouldn’t be spent’

On the most recent episode of the Bitcoin & Co. podcast, Jan Capek and Pavel Moravec, CEOs and co-founders Braiins, the company operating the world’s first Bitcoin mining pool, Slush Pool, joined host Anita Posch to talk about Bitcoin mining, what it affects and what affects it. When asked about the energy cost of Bitcoin...
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Ethereum Wallet App MetaMask Banned from Google App Store

The MetaMask Ethereum wallet, one of the key entry points to crypto-based logins and distributed apps, has been suspended from the Google Apps Store. The reason cited was that MetaMask allowed phone-based mining, which the wallet provider denied. MetaMask Denied Offering Mobile Mining MetaMask denied its services involved mining, though the case is still being...
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Key Bitcoin Signal That Preceded 330% Rally to $14,000 Flashes Again

If you’ve been on Crypto Twitter, you’ve likely heard the term “miner capitulation” time and time again in reference to Bitcoin.For those who have been living under a rock, Bitcoin’s drop which began earlier this year led the hash rate of the underlying network to flatline. This trend led the Hash Ribbons, an indicator tracking...
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Tug-of-War Between Youtube & Crypto Community Comes to an End?

The Penultimate week of 2019 saw Crypto Community in distress. Google’s Youtube Video streaming media had asked Crypto influencers to remove the educational videos citing Guidelines Violations. The Youtube team had allegedly removed certain videos even after the account holders had promised to remove the videos.  This had resulted in the crypto community taking strict...
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Bank Of Korea Employs A Task Force To Research Central Bank Cryptocurrency

The Bank of Korea (BOK) is taking another important step towards adopting the trend for central bank digital currencies (CBDCs). The bank will reportedly organize a dedicated task force to build on top of the existing CBDC research and to improve it further. Bank Of Korea’s CBDC Task Force A local report from today shows...
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Why Bitcoin Needs to Close Above $8,000 to Catalyze Next Bull Run

After a precipitous drop to $6,400 earlier this month, Bitcoin (BTC) has seen a strong rebound, trading as high as $7,700 just this past weekend.While some say this a precursor to a return to the bull market that graced the cryptocurrency industry for the first half of 2019, analysts say it’s too early to be...
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Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases

Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set at €15,000. A draft bill from the German...
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US Congressional Candidate Pete “Bitcoin Is a Wise Investment”

US Congressional Candidate Pete D’Abrosca is convinced that Bitcoin is a wise investment in 2020. He took to Twitter to claim to invest wisely in BTC coming 2020. Pete is hopeful to get elected from North Carolina’s 7th District. Pete isn’t the first to add Bitcoin or other crypto-related elements in their election propaganda.  US...
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YouTube responds to crypto purge; reinstates few videos only

YouTube faced criticism after it took down cryptocurrency and blockchain-related videos from its platform further categorizing it as harmful and dangerous content. While this enraged several Crypto YouTubers, they took to Twitter to express their agony and sought response from YouTube. While everyone thought that crypto YouTubers were the only ones that were affected, co-founder...
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Ripple CEO & Team Speak Their Hearts Out on Blockchain in 2020

Ripple Executives share their views on Crypto Industry in the last decade in the latest Ripple Drop episode. The team also spoke about their predictions in 2020. The festive holiday episode of Ripple Drop had CEO Brad Garlinghouse, CTO David Schwartz and their VP Breanne Madigan speaking their hearts out about crypto and blockchain in...
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ETC Price Soared as Agartha Hard Fork to Make ETH & ETC

The crypto world is as intriguing as it could be. Ethereum blockchain divided itself into Ethereum and Ethereum Classic after a hard fork. However, Ethereum Classic had only one problem in its kitty. There was no backward compatibility of ETC with the Ethereum blockchain after a hard fork. With a recent announcement, the upcoming Jan...
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Bitcoin Downside Thrust Possible Before Key Reversal

Bitcoin price spiked towards $7,400, but it failed to retain strength against the US Dollar.The bulls need to protect the $7,120 and $7,000 support levels in the near term.There is a major bearish trend line active with resistance near $7,360 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could spike...
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Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto...
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Bitcoin & Crypto Market Could Rise Again: BNB, BCH, LTC, EOS Analysis

The total crypto market cap is holding the key $182.0B and $180.0B support levels.Bitcoin price is trading above the $7,200 support and it could start a fresh increase.Litecoin (LTC) price is slowly rising and it might test the $41.20 resistance.BCH price is up 4% and it is moving higher towards the $200 resistance area.EOS price...
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Automatic Emergency Braking Glitch Affects Over 35,000 Mazda Cars in the US

New types of electronics tend to make their way to numerous car models. In the case of the latest Mazda3 generation of vehicles, not all forms of technology come without flaws. Mazda is one of the oldest car manufacturers in the world.  Software Glitches Cause Problems for Mazda To remain competitive, the company has to...
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Ethereum at Potentially Key Turning Point, Bitcoin Holding $7K

Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed...
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Ethereum Co-Founder Doxxed After Stash Sell Off

Ethereum co-founder Jeffrey Wilcke doxxed himself after selling 92,000 Ether, worth over $11 million, because of its connection to his Ethereum Name Service domain. On Christmas Day, approximately 92,000 ETH was transferred to Kraken from an address funded by the Ethereum Foundation dev wallet, as first reported by Trustnodes. These funds were from the pre-mine...
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Russia’s Supreme Court Unwillingly Classifies Bitcoin as Money or Property

There have been numerous allegations regarding bitcoin and altcoins in the criminal underworld. Russia’s Supreme Court now officially deems digital currencies to be facilitators of bribery. The relationship between Russia and cryptocurrency has always been strenuous, to say the least. Russian Supreme Court and Bitcoin That situation is rather unlikely to improve in the near...
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Bitcoin Gained 8.9 Million Percent Over the Last Decade

2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created. In fact, Bank of America’s recent securities report...
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Bitcoin (BTC) $ 93,811.13 3.29%
Ethereum (ETH) $ 3,234.75 3.63%
Tether (USDT) $ 0.997209 0.17%
XRP (XRP) $ 2.13 4.92%
BNB (BNB) $ 645.59 2.91%
Solana (SOL) $ 177.01 3.35%
Dogecoin (DOGE) $ 0.305151 4.48%
USDC (USDC) $ 0.997343 0.22%
Lido Staked Ether (STETH) $ 3,232.59 3.67%
Cardano (ADA) $ 0.864166 4.16%