January 24, 2020

Bitcoin’s halving to create good supply-demand change: Tom Lee

After briefly touching the $9000 mark on 14th January, the largest digital asset consolidated for the next 8 days. The slump arrived on 23rd January, which resulted in a 4.41 percent drop and the bears surfaced again. However, Fundstrat’s Tom Lee remained unfazed. According to a recent segment of CNBC’s Fast Money, Lee believed that...
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Tether not being censorship-resistant, a good thing: Circle CEO

Stablecoin’s value proposition comes from its inherent feature of being censorship-resistance and increased stability than most conventional cryptocurrencies. Tether, being the most popular one, was expected to follow this norm. Most critics of Tether still argue whether this stablecoin is, in fact, censorship-resistant or not. According to Jeremy Allaire, CEO of Circle, Tether is not...
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Ripple Price Analysis: XRP Bounces Off $0.21 But Has The Correction Ended?

Across trading pairs, XRP is charting a loss of 1.24% at the moment. Against Us Dollar, XRP looks for a strong rebound level while captured in a falling wedge. Bearish bias may elapse beyond expectation if XRP fails to find support on channel pattern. XRP/USD: XRP Sharply Bounced Near $0.21 Support, Has the Correction Ended?...
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Basic Attention Token (BAT) Price Prediction and Analysis in January 2020

We will be taking into account historical prices, market sentiment, and project development, to try and project a BAT price prediction for January 2020. BAT Overview Basic Attention Token (BAT) is an ERC-20 based token, created to be used as a utility token on the blockchain network of the Brave Browser. It can be used...
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Bitcoin Price Finds Crucial Support Ahead Of Chinese New Year: Crypto Weekly Market Upadte

Bitcoin went through yet another week full of volatility and considerable market movements. The cryptocurrency decreased by a total of about $400 in the past seven days. This happens just before the Chinese New Year, and history revealed that it has historically been a rather bad time for Bitcoin.  However, it’s also worth noting that...
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Bitcoin may slide after Chinese New Year, but a ‘nosedive’ is least likely

It seems like we’re just not content with a bullish scenario involving Bitcoin; a bearish narrative is always around the corner! After a 6 percent drop over the last 3 days, the community speculated whether the upcoming Chinese New Year will have yet another bearish setback on BTC‘s price. A historical storyline that has played...
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Crypto Price Analysis & Overview January 24th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Dash

Bitcoin Bitcoin has dropped by a small 5% over the past week as it hovers around the $8,400 level. It found strong resistance at the $8,963 level (bearish .786 Fib Retracement) and was unable to overcome it. The latest retracement was expected, considering that Bitcoin managed to surge by over 30% in January to reach...
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Beautiful Trendline Shows Bitcoin Is About to Explode in 2020: Travis Kling

The stars are aligning for a major bitcoin price pump, according to Travis Kling. How it plays out is a little more complicated. | Image: shutterstock.com Travis Kling shared a chart that showed bitcoin might be set for a bullish breakout in May 2020. Consider taking a contrarian stance because a post-halving dump happened in...
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Tesla’s Elon Musk: Bitcoin Won’t Replace Money But It Has A Role

One of the most successful and popular entrepreneurs, Elon Musk, recently spoke about Bitcoin and the general idea of cryptocurrencies. Appearing on a podcast, he said that digital assets will not replace cash fully, but they have a role to play. Bitcoin Won’t Replace Money: Musk Elon Musk is widely known for his business endeavors...
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New Hawaii Bill Proposes Banks To Act As Cryptocurrency Custodians

Banks in Hawaii, one of the fifty states in the US, would be able to provide cryptocurrency custodial services to investors under a new bill introduced by the state’s lawmakers late last week, should it pass approval.   If successful, the legislation would grant Hawaiian banks the right to hold and manage digital assets such as...
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XRP Tipbot’s Twitter ban: Wind addresses theories behind the lockdown

The XRP community faced a bump on 24 January when Twitter decided to ban the XRP Tipbot account, a service developed by Wietse Wind, an XRPL developer and founder of XRPL Labs. Wind informed users about the ban and explained that the tips on Twitter were not being processed; he also reassured them that the...
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Loafwallet Review – Now Rebranded to LiteWallet

There are exclusive crypto wallets in the market today. From hardware; to desktop, mobile, and paper, all have their unique positives and negatives. Some provide the latest in cutting-age security, while the other is prone to cyber threats. Well, there are some hardware wallets like TREZOR and KeepKey that comes under good counts. However, when...
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Ripple May File For An IPO In The Next 12 Months

Ripple, the company behind one of the largest cryptocurrencies on the market, XRP, might file for an IPO within the next 12 months. So much became clear in an interview with the company’s CEO, Brad Garlinghouse, during the World Economic Forum in Davos. Ripple May Go Public In The Next 12 Months The past few...
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80% Of Central Banks Are Working On Launching Their Own Cryptocurrency, BIS Report Says

A recent survey from the Bank for International Settlements (BIS) confirms the emerging trend of digital currencies backed by central banks. The publication reveals that 80% of the participants have declared that they are currently working on issuing their own cryptocurrency. CBDCs: Coming From Most Banks The survey was compiled by BIS at the end...
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Bitcoin’s economies of scale make it harder to get involved in mining

Bitcoin’s constant deterrent towards true decentralization can be attributed to the centralization of mining, with several people expressing concerns over mining sector concentrating in China in particular. A move taken to make mining more decentralized was made by Blockstream – a bitcoin and blockchain technology firm. Unveiling Blockstream mining and pool in August 2019, the...
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Primerica Reviews : A Better Business Bureau to Invest Money

Primerica Review QUICK NAVIGATION : Love it or hate it, multi-level marketing is a big business. Joining a network marketing company is appealing to many since it provides freedom and flexibility, plus the assurance of big earning potential. But experts suggest proceeding with caution if you’re thinking to join . While it might be possible...
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Blockchain adoption rising only in trading, despite countless other use-cases

According to CBInsights’ latest report on blockchain startup investments in 2019, despite a drop in total funding dollars, investment activity in the fourth quarter of 2019 points toward pockets of opportunities for blockchain technology adoption in enterprise applications. The report also stated that total equity funding to the space, a measure of investor enthusiasm, fell...
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Immediate Edge Review

Immediate edge bot is a new cryptocurrency trading invention that comes with features that make this software stand out among others. It is also an automatic trading platform that uses a good program algorithm to detect favorable trading opportunities. It acts on its own or waits for a prompt command from the user depending on...
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Tim Draper: Millennials Should Invest In Bitcoin

After last week’s rally, it now seems that Bitcoin is hitting the headlines once again.  American venture capital investor, Tim Draper, has recently spoken out about Bitcoin, suggesting that millennials need to invest in Bitcoin if they want to secure their financial future.  On Wednesday, January 22nd, 2020, Draper spoke to Liz Claman during an...
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Bitcoin (BTC) $ 98,489.39 5.26%
Ethereum (ETH) $ 3,380.22 11.11%
Tether (USDT) $ 1.00 0.19%
Solana (SOL) $ 258.28 11.21%
BNB (BNB) $ 624.01 3.41%
XRP (XRP) $ 1.22 12.79%
Dogecoin (DOGE) $ 0.386198 4.00%
USDC (USDC) $ 1.00 0.23%
Lido Staked Ether (STETH) $ 3,374.60 10.93%
Cardano (ADA) $ 0.806118 1.66%