May 23, 2020

Top 3: Tether (USDT) Is Now The 3rd Largest Crypto By Market-Cap Surpassing Ripple (XRP)

Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization. In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its...
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When The Ethereum You Know Becomes a Shard in ETH 2.0 (Opinion)

The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3 of 2020. From that moment on, things promise to get interesting. At one point, we will see two Ethereum blockchains existing at the same time. Initially, the ETH 2.0 token will be practically useless for...
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XRP WIll Power Remittances Between Large Japanese Enterprises

Ripple has been making headway in the financial sector across the globe. Especially Asia, and more particularly Japan, is a region of great interest. That situation will only intensify following a new XRP-based remittance solution launching in the country. FXCoin Sees Merit in Ripple and XRP Rumor has it that FXcoin is looking to become...
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Iranian President Calls for Launching a Cryptocurrency Mining Strategy

Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s President Hassan Rouhani told the press that the country needs to spur a cryptocurrency mining strategy,...
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Top Performing Coins And Those Struggling For The Limelight

The crypto markets scaled through a major hurdle this week. Again, it has to do with the top cryptocurrency Bitcoin, which never ceases to catch the markets by a surprise ever since its just-concluded block reward halving. Similar to last week, the general crypto markets experienced a major plunge in capitalization. This was due to...
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Ethereum [ETH] Price Analysis: ETH Is Looking To Cross $230 After Breaking This Resistance Level

The price of Ethereum has broken a major resistance level at $200 following a period of massive sell-off of bitcoin on the 21st of May. At the moment, Eth is trading at $208.42 as the cryptocurrency struggles to gain momentum upwards again. Currently trading at $208 as of May 23rd, 06:20 hours UTC, Ethereum has...
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Google Trends Reveals: The Most Awkward Inverse Correlation to Bitcoin

While most community members are focused on exploring the correlations between Bitcoin and traditional financial assets, Google Trends indicated rather compelling inverse correlations involving the primary cryptocurrency and some popular culinary dishes. Firstly, a digital asset proponent brought up BTC’s comparison with the traditional Japanese dish – Ramen. Literally translated as “pulled noodles,” it consists...
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Chinese Region Sichuan To Ban Cryptocurrency Mining Or Not Exactly?

New information suggests that local government authorities in the Chinese province Sichuan are seeking to ban cryptocurrency mining operations in the region. Contrary, sources familiar with the matter claim that these notices are misunderstood, and crypto mining will not suffer major negative consequences. A Region In China Clamps Down On Crypto Mining? The story began...
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Bitcoin [BTC] Price Analysis: BTC Finds Support At $8,900 Amid Surge Towards $9,500

Bitcoin has undergone its much-anticipated block rewards halving and everyone can agree to its success. Henceforth, until another halving event takes place, miners will now take 6.25 BTC per successful mining effort and this number will be halved in the next halving event in four years. However, the price of Bitcoin (BTC) has shown great...
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Bitcoin Price Analysis: The Critical March-12 Support Saved BTC, But Now Facing Huge Resistance

Following our Thursday price analysis, Bitcoin had lost almost $1000 in one and a half days. This came straight after 3-4 failed attempts to break the $10,000 mark over the past two weeks. When you’re not breaking, and the attempts are losing strength, you will dump hard. This was the bad news; however, the good...
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“Hail Mary” to Save Steem Funds Goes Awry Courtesy of Bittrex

Ever since the Steem blockchain split into two separate camps,there has been plenty of controversy to go around. A recent plan to prevent roughly $5m in tokens from being seized was initiated, but the effort fell short in the end.   Not a week goes by without Steem making some sort of headline.for all the wrong...
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Bitcoin (BTC) $ 97,314.07 2.78%
Ethereum (ETH) $ 3,356.56 7.12%
Tether (USDT) $ 1.00 0.13%
Solana (SOL) $ 246.24 1.76%
BNB (BNB) $ 627.95 1.44%
XRP (XRP) $ 1.13 0.68%
Dogecoin (DOGE) $ 0.392495 0.54%
USDC (USDC) $ 0.999867 0.16%
Lido Staked Ether (STETH) $ 3,357.13 7.22%
Cardano (ADA) $ 0.798792 3.87%