February 5, 2020

Bitcoin’s scarcity called into question as halving approaches

With approximately 96 days to the next Bitcoin halving event, traders, analysts, and market participants have been caught scratching their heads with regard to what its implications might be. The argument around whether the halving event is already priced in or not walks a precarious tightrope between proponents and naysayers. Regardless of what happens, it’s...
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Here’s why Bitcoin adoption is accelerating, rather than stagnating

Bitcoin’s adoption has improved over the years, but a part of the community feels that its adoption will eventually reach a dead end. Christopher Allen, former Principal Architect at Blockstream, is among those who are concerned about Bitcoin‘s lack of adoption lately, hinting at the need for scaling solutions like the Lightning Network. However, according...
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Bitcoin Price Skyrockets 7% To New 2020 High: $10,000 Coming Soon

Bitcoin has marked yet another particularly turbulent day of trading, charting increases of up to 7% in the past 24 hours. This caused the cryptocurrency to spike to a new high for 2020, lining up the question if $10,000 is the next target. Bitcoin Price Skyrockets 7% On The Day If one thing is certain...
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Ethereum 2.0 development sees huge optimization gains

In a quick update to the community, Ethereum 2.0 developer Danny Ryan provided an outline of the progress made toward eth2 development and the optimization improvements made over the last few weeks. He spoke about the recently completed audit and formal verification of the eth2 deposit contract bytecode by Runtime Verification, and how it is...
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Can Bitcoin fork holders benefit from corporate actions like forking?

Bitcoin and its holders experienced a fruitful 2019 with almost 90% in recorded returns. However, there has been an ongoing debate about the treatment of crypto-assets, especially when it comes to the returns generated by holders of a particular asset. According to CoinMetrics’ recent report, cryptocurrencies are not just an incremental asset class innovation, but...
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Tron (TRX) Price Prediction and Analysis in February 2020

Today, we will be taking into account some of the market opinions and TRX historical prices in order to help you develop a Tron price prediction for February 2020. Tron Overview TRON is a blockchain project that was launched in 2017 by Justin Sun and was initially targeted towards publishing decentralized content, but in recent...
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Bakkt To Expand Services As ICE Acquires Leading Loyalty Program Provider

The owner of Bakkt, the Intercontinental Exchange (ICE), has agreed to acquire a leading provider of loyalty solutions for both consumers and merchants. Following the completion of the transaction, Bakkt intends to integrate it to its platform, thus expanding the services that it will provide to its clients. ICE To Acquire Bridge2 Solutions According to...
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Bitcoin Cash (BCH) Price Surges 14% as ‘Halvening’ Nears

Bitcoin Cash led the cryptocurrency top ten on Wednesday with a 14% growth surge. BCH shrugged off fears of a community split over an arbitrarily imposed tax on miners. The coin’s “halvening,” or block reward halving, is scheduled for Apr. 8 – around a month before BTC’s. Bitcoin Cash (BCH) gained 14% on Wednesday, with...
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How Are Cryptocurrencies Changing The Online Gambling World?

In early 2009, a brand-new type of currency was introduced to the world that would change the way online payments are made. Bitcoin was launched as the very first cryptocurrency, a special type of digital currency that’s completely decentralized, meaning it’s not controlled by any government or financial institution. This currency uses cryptography to keep...
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TRON Price Analysis: TRX Spikes 7%, Can The Bulls Charge To $0.022?

Tron dropped to 15th on the market cap spot but now showing strength with 5.68% gains The key breakout level for Tron lies at $0.022 resistance against the US Dollar TRX buyers show interest after remaining indecisive for about six days Major Resistance Levels: $0.022, $0.030 Major Support Levels: $0.018, $0.016 General Sentiment For the...
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Bitcoin’s realized volatility now approaching historical bounce-off level

In the latest issue of its weekly ‘State of the Network’ report, blockchain data analytics firm CoinMetrics explored market data over the past week and provided insights into Bitcoin and cryptocurrency market movements, as well as plausible explanations for the same. CoinMetrics used five cryptocurrencies in their sample set, of which all saw a 20%...
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Samsung and Salesforce Participate In $35M Funding Round For Blockchain Company

Samsung Venture Investment Corp (Samsung) and Salesforce Ventures, recently participated in a Series C funding round for a blockchain company called Digital Asset Holding. This is its second funding round in two months, each raising $35 million. Samsung And Salesforce Invest In Digital Asset Digital Asset, the creators of the smart contract modeling language, DAML,...
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Bitcoin Dominance At 6-Month Low As Altcoins Stand Strong: Wednesday Crypto Market Watch

Most of the altcoins are trading in the green over the past 24 hours. Bitcoin, on the other hand, remains somewhat stagnant at around $9,200. Consequently, BTC’s dominance dropped to 64.5%, which is the lowest it has been since July 2019. Altcoins Compared To Bitcoin. Source: coin360.com The sentiment within the community is shifting quickly,...
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XRP Surges 11% As BitMEX Adds XRP/USD With 50x Leverage: Ripple Price Analysis

XRP witnessed a 10.7% surge in price over the past 24 hours as it breaks above the 200-days EMA to reach $0.277. XRP climbed above the 100-days EM, finding resistance at 3000 SAT against Bitcoin. The latest price hike could be attributed to BitMEX adding the XRP/USD perpetual contract to their platform. Key Support &...
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Cardano could breakout to 38.2% Fibonacci retracement line above $0.08

Cardano has seen a lot of positive movement this year, with the ADA token recording significant gains in the first month of 2020 alone. However, this might not be the end of its glory days as some bullish movement looks plausible in the short to medium term. At the time of writing, ADA had a...
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Airbitz Bitcoin Wallet Review: Recently Introduced as Edge Wallet

From the very beginning, Airbitz famed itself from the market’s run-of-the-mill bitcoin wallet. An Airbitz wallet has been a popular choice for old pros and crypto newbies alike. It is a beginner-friendly bitcoin wallet that provides a comprehensive directory on bitcoin-accepting business nearby you, security features, and an easy-to-use interface. Airbitz bitcoin wallet allows you...
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IDEX Decentralized Cryptocurrency Exchange

Majority of the crypto users still prefer centralized platforms to buy and sell coins, But the decentralized exchanges are on the rise now. Decentralized exchange revolves around the right of holding the private keys of tokens. These private keys remain under the direct control of users, unlike centralized exchange where the company running the exchange...
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eFIN Review 2020 – Complete Overview Of eFIN Exchange

In the next few years, Blockchain will disrupt many industries like banking, healthcare to supply chains. So keeping up the pace in the digital currency world, Token Pay has come with an eFIN exchange platform. Here let’s dive deep into the review of the eFIN Exchange – What is eFIN? How to get eFIN coins...
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Bakkt’s Parent Company ICE Approaches eBay With $30 Billion Takeover Offer

As of yesterday, February 4th, 2020, a multi-billion-dollar turn of events has just taken place in the international headlines. According to a recent post by the Wall Street Journal, Intercontinental Exchange Inc. (ICE), the owner of the New York Stock Exchange (NYSE) and Bitcoin futures trading platform Bakkt, has approached eBay with a purchase offer,...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%