The Tezos Foundation has collaborated with several Swiss-based cryptocurrency companies to tokenize Bitcoin. Called tzBTC, it gives holders the ability to interact with Tezos smart contracts while pegging to the value of Bitcoin. Tokenized Bitcoin On Tezos Blockchain The Bitcoin Association Switzerland announced launching the tzBTC digital token in a press release shared with CryptoPotato....Read More
Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money growing on trees,” Novogratz said this is the year for bitcoin. Also read: IMF Declares Global Recession,...Read More
Bitcoin has always intrigued the masses, although that doesn’t automatically result in more BTC holders. One interesting development is how more people are trying to learn more about Bitcoin through online courses as of late. Finding out about cryptocurrencies tends to open people’s eyes. Bitcoin Courses Become More Popular due to Coronavirus The current global...Read More
Bitcoin’s price is no stranger to volatility and the period between the second half of 2017 and the first half of 2018 is a clear example. The price went from about $2,600 to its all-time high of $20,000 in December 2017 and all the way down to $6,000 in July 2018. At the time, though,...Read More
XRP dropped by a small 2.5% over the past 24 hours as it attempts to climb above $0.2. The cryptocurrency bounced from support at $0.17 and managed to surge by a total of 14% over the past 7-days. Against Bitcoin, XRP is attempting to break strong resistance at 2710 SAT. Key Support & Resistance Levels...Read More
Quick take: XRP’s price briefly tested $0.20 as a result of the crypto market resurgence. If this momentum is maintained, it could reclaim $0.25 and turn it into support based on the 3 Day XRP/USD chart. However, gains exhibited by all cryptocurrencies might still be vulnerable to the global effects of the Coronavirus. The majority...Read More
LINK surged by a total of 10% over the past 2-days as it reaches $2.80. It has now reached resistance at the 100-days EMA as it sets its sights to head above $3.00. Against Bitcoin, LINK has also surged as it climbs from 0.00033 BTC to reach 0.00038 BTC. Key Support & Resistance Levels LINK/USD:...Read More
In brief: Bitcoin has led a resurgence in the crypto market and looks set to erase all losses experienced in mid-March. With BTC currently experiencing sideways movement, Ethereum could experience a second wave up. The Eth 2.0 upgrade of Serenity, is scheduled for July 2020. There is a general sense of optimism in the cryptocurrency...Read More
There’s something curious unfolding in global markets this month. While COVID-19 rages across the planet and the economy has ground to a halt, equities have actually been rallying. Global stock prices have been on their way up for two weeks now. It appears like Wall Street’s doing great. The Dow Jones Industrial Average has increased...Read More
We are pleased to announce the appointment of Ben Radclyffe as Commercial Director of HDR Global Trading Limited, operator of the BitMEX cryptocurrency-products trading platform. This is a significant new role which sees Ben taking responsibility for Financial Products, and Business & Client Development. He will report directly to Arthur Hayes, CEO. The future of...Read More