Bitcoin has been caught within a wild uptrend throughout 2020, rapidly rising from lows of $6,800 to highs of $9,600. This uptrend, although wild on a small scale, may ultimately prove to be minuscule when compared to the insane rally the cryptocurrency could see in the coming several months, as historical data suggests that BTC...Read More
While Bitcoin has recorded significant growth in valuation over the past month, the king coin’s ‘trading dominance’ has, however, fallen below 40% on Binance’s platform in January. Leading crypto-exchange platform, Binance recently published its January review and according to the post, the coin registered a trading dominance of 38.17% in the first month of the...Read More
The Hong Kong-founded popular cryptocurrency exchange, Bitfinex, has recently launched the newest version of its mobile app, which comes with Bitcoin deposits utilizing the Lightning Network. The update for the mobile app comes less than two months since the exchange added support for the Lightning network to its web platform. The Lightning Network Comes On...Read More
The Bitcoin Cash [BCH] ecosystem’s development fund proposal has faced a lot of backlash recently. The most contentious part of the entire episode was the “no-debate” clause which stated that any miners who didn’t support the soft fork would risk having their blocks orphaned. While many crypto-proponents have criticized the way the proposal was put...Read More
Ripple‘s on-demand liquidity platform noted an exponential rise of 550% between Q3 and Q4 of 2019. This increased level of activity was largely contributed to by the Mexican corridor, a corridor that still holds a large volume of ODL transactions. However, recently all three active corridors, XRP-MXN, XRP-PHP, and XRP-AUD, recorded new highs. According to...Read More
Following the breakout of the $2 mark, Tezos’s price could reach $2.5 in a few days if buyers continue to show interest. Against Bitcoin, an inverse head-and-shoulder pattern could produce a massive rise for Tezos in the short-term. Tezos is the best-gainers over the last 24-hours among the top 20 cryptocurrencies by market cap. XTZ/USD:...Read More
Bitcoin’s price noted a boost of just over 8% over the past week. This push caused the price of the world’s largest cryptocurrency to rise above its $9k resistance and it was valued at $9,336.77, at press time. Such growth was also noted among major cryptocurrencies, with Ethereum [ETH] surging by over 12%. According to...Read More
We will be scrutinizing the past prices and market sentiment for Ripple, in order to formulate an XRP price prediction for February 2020. Ripple Overview XRP, the native coin of the Ripple platform, currently sits in 3rd place in the crypto market, with a market cap of $10,984,893,803 and a trading price of $0.251454. There...Read More
Since crypto has become famous for its fluctuating nature, many traders have taken advantage of this and started using arbitrage as an investment tool in order to make a profit from the buy and sell price difference found across cryptocurrency markets. A company that enables traders to easily take advantage of arbitrage is ArbiSmart, as...Read More
For more than a decade, there has been one major issue thwarting the adoption of cryptocurrency: transactions simply take too long. Fortunately, researchers at MIT have now announced that they have developed a more efficient system for routing cryptocurrency transactions, which they have dubbed “Spider.” According to ComputerWorld, MIT researchers are able to use this “Spider”...Read More
CoinsPaid is known as one of the leading providers of crypto processing services, especially for the iGaming industry. Starting from January 2020, its popular crypto gateway will be marketed as Cryptoprocessing.com, while the CoinsPaid brand will remain attached to the company’s upcoming blockchain wallet. As thousands of online businesses seek to integrate crypto payments on...Read More
On a day when the rest of the cryptocurrency market is trading in red, IOTA investors are bagging profits as the 18th largest coin recorded an incredible daily 10% increase in the last 24 hours, which completes almost 40% price gain in the past seven days. And if you were wondering, IOTA had seen more...Read More
So far, 2020 has been a remarkably positive year for Bitcoin. Not only has the price of Bitcoin increased by 30%, but the Global Bitcoin Futures market open interest has noted a massive 60% growth as well. In the meantime, BitMEX and OKEx are still the most widely-used Bitcoin margin trading exchanges, with over 50%...Read More
Featured The blockchain technology and the traditional banking system have a tense relationship, at best. However, an observant eye might’ve come across speculations regarding the possibility of seeing a central bank launching a crypto token. With each passing day, it seems that the traditional financial industry is coming to terms and becoming more receptive to...Read More
TL;DR Ripple (XRP) saw a tidy 4.5% price increase over the past 24 hours to reach above $0.25. Against Bitcoin, XRP surged 5% but met resistance at a descending trend line. If XRP can break above the 200-days EMA, the 2020 bull-run is likely to continue toward $0.30. Key Support & Resistance Levels XRP/USD Support:...Read More
During a recent Q&A livestream on YouTube, cryptocurrency consultant Tone Vays spoke to researcher Willy Woo about the upcoming Bitcoin halving and whether the Stock-to-Flow (STF) model would be valid in the long-term. According to Vays, “it’s a little too early to assume anything about the price during the halving until we’re about a month...Read More
The Coronavirus outbreak continues to take its toll on the traditional financial markets, especially in China. The Chinese stock markets had returned after a more extended Lunar New Year’s vacation. As expected, the indexes record significant drops, despite a huge $174 billion injection by the local Government. On the other hand, Bitcoin spiked to over...Read More
Mastercard was one of many to unfriend Facebook‘s Libra, with many top-notch investors backing out of the project citing regulatory concerns. In a recent interview with Financial Times, Ajay Banga, Mastercard’s Chief Executive, claimed that the Libra Association’s key members would not give a hard commitment to “not do anything that is not fully compliant with...Read More
Minecraft | Source: AP/Jae C. Hong New Minecraft server sets players on a treasure hunt to find hidden Bitcoin. Each new life costs $1, and proceeds are pooled for the eventual winner. Dead Minecraft servers litter the history of cryptocurrency. Can SatoshiQuest withstand another sudden increase in BTC’s transaction fees? Bitcoin can now be earned...Read More
