The XRP price climbed 14%, making it the second-highest gainer in the market cap top hundred. The unexpected surge coincided with a healthy yearly report, and the news that Ripple investment Moneygram achieved record transaction growth. XRP coin price returns to early December levels. Editor’s note (01/08/2020): The article has been updated for clarity. The...Read More
Cryptocurrency analyst, Christian Ott, recently published an article on his blog regarding statistics of transactions and assets on Binance Chain, the blockchain developed by cryptocurrency exchange giant, Binance. In his analysis, Ott found that the number of transactions on the chain grew from 3.2 million in Q2 of 2019 to 20.7 million in the following...Read More
In response to SEC scrutiny, Telegram is going back on promises made during its $1.7 billion raise. Telegram Revises Its Decentralized Vision Telegram may never establish a TON Foundation or even integrate its wallet application into its messaging app, contrary to its leaked whitepaper and other correspondences with investors. “Telegram is under no obligation, and...Read More
Ethereum’s latest hard fork, Muir glacier, has successfully decreased the block time by nearly 25%. The hard fork was mainly scheduled to decrease the mining difficulty or the “difficulty bomb,” enabling the production of more blocks in lesser time, while also helping resolve the scaling problem of Ethereum. As per data provided by Etherscan, the...Read More
John McAfee has always been the clown of crypto. His latest tweet about Bitcoin just proves it. | Source: John McAfee/YouTube John McAfee disowned his infamous $1 million Bitcoin price prediction. But past history suggests his latest remark is just an attempt to gain attention. McAfee is also wrong that Bitcoin is “ancient” technology. John...Read More
Bitcoin’s Lightning Network and Liquid Network have been making headlines for quite a while now. The latter being a sidechain-based settlement network and the former being a second-layer payment protocol, both have grabbed the attention of several exchanges in the cryptocurrency market. Both subjects were recently touched upon by Paolo Ardoino, CTO of Bitfinex and...Read More
The decentralized public blockchain and cryptocurrency project, Cardano’s roadmap for the year 2019 was quite fulfiling. The ecosystem made numerous implementations and upgrades last year, the latest one being the much-talked-about – ‘incentivized testnet.’ Talking about the success of this phase of Cardano’s Shelley era, one which essentially marks the very first steps towards the...Read More
XRP finally broke the previous trading range with a superb 10.5% price hike over the past 24 hours. Against BTC, XRP surged past 2700 SAT and met 2900 SAT. XRP must still break above the resistance at $0.234 to turn bullish over a longer period. Key Support & Resistance Levels XRP/USD Support: $0.21, $0.20, $0.1850 ...Read More
One of China‘s biggest tech giants, Baidu, made headlines a few years ago after it launched the supposedly energy-efficient Baidu Superchain blockchain protocol. It is in the news again after Super Chain officially launched an open network on 6 January 2020. The network has been launched with the intention to empower SMEs and developers. A...Read More
The never-ending war between bitcoin and bitcoin cash has a major venue in Reddit. | Image: shutterstock.com Microtask workers were employed to pump the visibility of a post made to the r/btc subreddit, screenshots reveal. Propaganda battle continues between two deeply oppositional groups in the cryptocurrency space. Bitcoin’s scaling debate continues to make itself felt....Read More
Ethereum saw a strong 5% price surge over the past 24 hours as the cryptocurrency trades at $142. Against BTC, ETH finally broke above the resistance at 0.0184 BTC, clearing the way to head toward 0.020 BTC. Ethereum also managed to break above the sideways trading range at $135 as it heads toward $150. Key...Read More
Predictions forecasting future stance of bitcoin and crypto markets always make headlines. But what do the facts and data say? Blockchain analytics firm IntoTheBlock has come out with interesting insights which throw light on the current state of the BTC and digital asset markets. These also can be used to draw thoughtful conclusions about the...Read More
Since 10 December, Bitcoin had been struggling to make gains, mostly moving between $7100 and $7500 and dipping as low as $6400 in the middle. Bitcoiners rejoiced today after the original cryptocurrency managed to break above the $7500 mark, possibly signaling a movement to greener pastures. Bitcoin 1-day chart Source: BTC/USD on TradingView The daily...Read More
Ethereum has a bullish short-term trading bias and a bearish medium-term outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a breakout above the $140 level could be very bullish for ETH/USD Ethereum is moving higher on Monday, as the second-largest cryptocurrency...Read More
Ousted Bitmain co-founder, Micree Zhan, has come out to oppose Bitmain’s plan to layoff about 50% of its workforce. According to Zhan, the Bitcoin (BTC) mining giant’s plan to sack employees was a mistake, given that the company was in a healthy financial situation. Earlier in January 2020, reports emerged that the Bitmain was planning...Read More
Cryptocurrency exchange Binance announced the introduction of leveraged perpetual swap contracts. Price surged 8 percent a few hours before the official announcement, raising suspicion from the community. XRP Derivatives Gaining Traction Perpetual swap contracts for XRP have been popping up on more and more exchanges in the last few months. The launch of Binance’s XRP/USDT...Read More
So far, the new decade is in favor of Bitcoin’s Bulls. Following the break-out from two days ago, the price finally managed to get over the $7300 – $7400 resistance area, while setting a new 2-week high at $7600 (Bitstamp), as of writing these lines. While the global stock markets are seeing heavy red, Bitcoin...Read More
International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis. Protesters Damage HSBC ATMs, Leading to Restrictive Measures Hong Kong, shaken by a series of protests, has seen...Read More
Some of Crypto Twitter’s most widely-followed analysts believe bitcoin’s price has already bottomed. | Image: shutterstock.com Bitcoin corrected by over 50% from the 2019 high of $13,880. With the retracement in the last six months, some analysts believe that the bottom is in. The number one crypto is flashing accumulation signals convincing popular traders that...Read More
Tether, by far, has been the most controversial stablecoin in the market, with the coin consistently in the news for not being 100 percent backed, something that drew the attention of the New York Attorney General’s office. The coin, which was one of the hottest topics in the crypto-ecosystem, was recently discussed by Paolo Ardoino,...Read More
Apple’s new family of iPhone models has got everybody talking, with a launch date for the new iPhone 12 Pro expected in September, this year. Review site PocketLint expects multiple new features for the family of phones. Will this be the year that Apple steps into the crypto phone space to rival leading competitor, Samsung? ...Read More
If you are looking for the top airdrops of this week, here are some of the campaigns you should check out this January. IDEX End date: 7 January Estimated value: N/A IDEX is the first decentralized exchange that was built using an Ethereum smart contract, having the capabilities of conducting real-time trading, high transactional volume,...Read More
Another country has joined the league of nations actively regulating cryptocurrencies. The Capital Markets Board [CMB], Turkey’s regulatory body, has announced its plans to establish a regulatory framework for Bitcoin and other cryptocurrencies by the end of 2020, reported a Turkish newspaper, Hürriyet. Even though the regulatory body has refrained from divulging any further information...Read More
There has been a lot of deliberation about publicly traded Bitcoin exchange-traded funds [ETF] recently. So far, this investment fund has not received positive feedback from the United States’ Securities & Exchange Commission [SEC], which is why the ETF remains an uncertainty for the future. In fact, the Winklevoss twins’ Bitcoin ETF proposal was one...Read More
Well, that didn’t take long. The ‘Pro Bitcoin’ Nakamoto initiative has already whipped up a Crypto Tweetstorm and had its Telegram channel shut down in just three days. The Nakamoto Initiative Disheartened by the lack of discussion about the “philosophical principles that motivated Satoshi Nakamoto, or the society that he wanted to build” a group...Read More
What makes Bitcoin, “BITCOIN?” From eye-catching rallies to deep dives, from the infamous Silk Road debacle to mainstream recognition, Bitcoin has been through it all. In fact, what’s attractive about the cryptocurrency and the market it represents is that the price pulls do not always happen as predicted. It is this inherently volatile nature that...Read More
John McAfee won’t be eating his d**k and you’re stupid for believing him in the first place, says John McAfee. | Source: REUTERS/Alexandre Meneghini/File Photo Political hopeful John McAfee poo-poos penis party promise. Says his ruse onboarded more users to the cryptocurrency space. Claims to have sired over 100 children. John McAfee reneged on his...Read More
Bitcoin’s performance since the start of 2020 has been positive. With the first week almost coming to an end, the price of the world’s largest crypto-asset is hovering near $7,500. In other news, Bitcoin’s Futures market saw an important development over the last week – BitMEX, the long-standing king in the Bitcoin perpetual and Futures...Read More
Binance was on a roll in 2019, and it doesn’t appear to stop this year with new features on its platforms. The company recently announced that it will add XRP/USDT as a new perpetual contract trading pair, and the leverage will be up to 75x. At the same time, the price of the third-largest cryptocurrency...Read More
Ripple’s XRP is booming at the start of the new year, suddenly spiking by 8% on January 6. In the past few days, the coin started showing signs of a revival, and has now returned to $0.21. Futures Market Announcement Boosts Price Performance XRP has been pressured by its protracted slide, and has fallen almost...Read More
