April 7, 2020

Coinbase makes sending and receiving crypto even easier

By Paul Katsen, Product Manager Our mission at Coinbase is to create an open financial system for the world. A key part of achieving this mission is to provide customers with familiar, but better, financial services built on top of cryptocurrencies. That’s why we’re launching improvements to how customers can send and receive crypto. Now, you’re...
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Can Binance Coin (BNB) Overcome its Next Price Resistance at $15.50?

Key takeaways: In a previous BNB/USDT analysis, Ethereum World News had postulated that the coin would retest $14.  Traders and investors had been advised to keep an eye out for any bullish news that might propel BNB further.  Coincidentally, the exchange acquired Coinmarketcap soon after.  The coin has a short term resistance at $15.50. Will...
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With Poloniex LaunchBase, Can Tron’s (TRX) Price Mimic BNB’s In 2019?

Quick take: Poloniex recently launched LaunchBase, its homegrown IEO platform. Tron (TRX) is the sole digital asset approved for investment on LaunchBase. Could TRX experience a run in the markets similar to BNB’s in 2019 when Binance Launchpad was launched? On the 5th of April, the crypto exchange of Poloniex announced that it had a...
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South Korea’s Central Bank Wants to Digitize the Won

South Korea is a very prominent country when it comes to cryptocurrencies and finance. It now appears that a digital Won is being explored, with a pilot program running until late 2021. There are multiple countries aiming to digitize their fiat currency in the coming years. Digitizing the South Korean Won Slowly but surely, all...
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OKEx Users can now Convert Small Asset Balances to OKB

Most cryptocurrency enthusiasts have multiple assets stored across exchanges and trading platforms. OKEx now provides an option to convert smaller balances to OKB balances, giving users even more flexibility. Converting Smaller Balances to a Useful Asset Enthusiasts who frequent cryptocurrency exchanges will have built up a growing portfolio over the years. Several parts of that...
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Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are...
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Bottom Found? Wall Street And Cryptocurrencies Are Soaring In Green

Markets across the board are marking tremendous increases since the beginning of the week. The largest indexes are charting notable gains despite the continuously spreading coronavirus as well as other concerns such as the escalating number of job loss claims in the US. The cryptocurrency market follows as absolutely every coin in the top 20...
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Tezos Price Analysis: XTZ Breaks Past $2 Following 18% Daily Price Surge

Tezos’s price reached the critical level of $2 after breaking above the $1.8 resistance. Against Bitcoin, XTZ bounced back after establishing support around 25000 SAT. The 10th largest cryptocurrency surged with over 16% gains across the trading pairs XTZ/USD: Tezos Overcomes Crucial Resistance Key Resistance Levels:  $2.5, $3.2, $4 Key Support Levels: $1.46, $1.25, $0.845...
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Ethereum Price Analysis for April, 7th – ETH Aiming High

On Tuesday, April 7th, the ETH price is growing confidently, trading at 172.20 USD, says Dmitriy Gurkovskiy, author at RoboForex Blog. The situation on the Ethereum market should still be interpreted as correctional growth after a serious decline. Escaping the consolidation Triangle by a strong impulse upwards, the quotations reached 38.2% Fibo and are aiming at...
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Ethereum Price Analysis: ETH Soars 13%, Completes 100% ROI Since March Bottom. $200 Soon?

Ethereum surged by a total of 13.6% over the last 24 hours as it reaches $175. ETH rocketed higher after breaking the $146 resistance yesterday, allowing it to break resistance at $165 and $170. Against Bitcoin, Ethereum also surged significantly as it climbed from 0.021 BTC to 0.0235 BTC. Key Support & Resistance Levels ETH/USD:...
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Analysis: ETH Price Highly Correlated With The Increasing Unique Ethereum Addresses

New data indicates that the number of active Ethereum addresses could accurately predict the future price movements of ETH. Unique addresses have been rising since March, and the price of the token has been continuously surging. Active ETH Addresses Corresponds With The Price? Information provided from the popular monitoring resource, Santiment, suggested that the number...
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Cryptographic Experts Open-sourced An ETH-BTC Cross-chain Swap

The crypto community touched yet another milestone a few hours ago. In this latest development, developers at Summa, a blockchain establishment that offers private, self-enforcing, and self-settling cross-chain contracts that are trustless and non-custodial, are said to have open-sourced a cross-chain integral swap between the two largest blockchain ecosystems, Ethereum and Bitcoin. As of this...
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Coronavirus Crisis can Become a Catalyst for Bitcoin Adoption

The financial repercussions of the coronavirus pandemic is very difficult to predict. Some people expect a major insolvency cascade to take place, eventually forcing people in the direction of Bitcoin and other crypto assets. Various banks and governments are scrambling to keep their economies afloat. Coronavirus may Force People to Embrace Bitcoin That is easier...
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Recession? Bitcoin Price Skyrockets $600, Recording Over 100% ROI Since March-12 Collapse (BTC Price Analysis)

Quick recap: March 12, 2020, following the global markets’ crash, Bitcoin experiencing its worst day ever, while clearing over 50% of its value. Some blamed the BitMEX liquidation system; some thought Bitcoin was going to zero. The daily high, which was recorded on that day, was $7969 on Bitstamp, while the daily low was $3850....
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Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy

With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.’ However, a few speculators believe digital assets in...
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Bitcoin (BTC) $ 97,230.05 3.67%
Ethereum (ETH) $ 3,321.26 7.44%
Tether (USDT) $ 1.00 0.17%
Solana (SOL) $ 249.86 6.63%
BNB (BNB) $ 621.84 2.07%
XRP (XRP) $ 1.11 1.41%
Dogecoin (DOGE) $ 0.383997 1.07%
USDC (USDC) $ 1.00 0.13%
Lido Staked Ether (STETH) $ 3,322.94 7.39%
Cardano (ADA) $ 0.787639 4.64%