December 5, 2020

Ethereum, Cosmos, VeChain Price Analysis: 05 December

Thanks to Bitcoin’s performance over the past 10 days, many of the market’s altcoins noted sharp upticks recently. However, that wasn’t to last as the world’s largest cryptocurrency continued to consolidate on the charts under the $19k-mark, many alts fell after a correction wave hit them. While some like VeChain continued to record gains over...
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Litecoin long-term Price Analysis: 05 December

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The cryptocurrency market has not lost ground and many altcoins like, Bitcoin have been holding on to a higher value than a month back. Litecoin, the digital silver has also noted a significant rise...
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Bitcoin SV, NEM, Compound Price Analysis: 05 December

Bitcoin Dominance rose toward 64.3% after posting another higher low at 62.44% for the past week and stood at 63.66% at the time of writing. Bitcoin is currently being traded at $19072 with a 24-hour trading volume of  $19.6 billion. Source: CoinStats Some altcoins showed a bullish breakout, such as Bitcoin SV and NEM. Compound...
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Bitcoin is yet to reach a top, here’s why

Bitcoin’s price began to climb up the price ladder in November and has now been holding on to a good price level. The current price of the digital asset was $19,107, with the traders’ constant push and pull. However, with the rising price the long-term holders in the market have also begun to realize their...
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XRP short-term Price Analysis: 05 December

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The XRP market has once again been moving higher up the price ladder and given the momentum witnessed in the Bitcoin market, the price could witness a boost. At press time, the XRP price...
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What are the world’s best Bitcoin investors saying behind closed doors?

Bitcoin’s rapid institutionalization has raised many eyebrows, around the world. In addition to this, it has also raised the interest and investment of institutional investors, family offices, and HODL waves from retail. In the latest episode of the Pomp Podcast, Raoul Pal takes us to conversations that happened behind closed doors between Macro guys from...
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Chainlink, Algorand, Dogecoin Price Analysis: 05 December

After hitting its latest ATH on the price charts, Bitcoin has fallen. However, optimism remains high, especially since at the time of writing, BTC was still trading at a level right above $19,000. With the world’s largest cryptocurrency consolidating on the charts, many of the market’s altcoins have chosen differing price trajectories. The likes of...
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Evolving Bitcoin cycles & what to expect from the new bull run?

Bitcoin has been evolving and so have the narratives around it. Most people view it as a currency, a store of value, peer-to-peer cash, etc. However, these are the narratives that have prevailed. Other narratives included e-cash proof-of-concept, darknet currency, programmable shared database, etc. It is clear that the narratives around bitcoin have been changing,...
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Tron, Steem, Maker Price Analysis: 05 December

The Crypto Fear and Greed Index showed extreme greed with a reading of 93 for the day and has stayed above 80 since early November. MicroStrategy purchased another $50 million worth of BTC averaged to $19,474 per coin, while Grayscale added another $140 million to its Bitcoin holdings in the past 24 hours. Tron had...
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Ripple based MoneyTap onboards Ogaki Kyoritsu Bank

SBI Holdings announced on Saturday Ogaki Kyoritsu Bank’s decision to connect to its next-generation financial infrastructure, MoneyTap. The Bank has been working towards its users’ convenience and has opened 24-hour stores, drive-through stores, and even mobile stores took the decision to allow user-oriented transactions. SBI Holdings noted that the connection was a “multi-factor authentication of...
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Stellar Lumens, Waves, Decred Price Analysis: 05 December

Stellar Lumens was rising to test the level at $0.18 at resistance before retracing more gains from the previous month, where XLM made gains of nearly 200%. Decred was also moving lower on the charts, and it is expected to see a bounce upward at $24.3 support. Waves had a bullish outlook and traded within...
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Bitcoin’s Growing Value Will Make It More Attractive To Bad Actors In 2021: Kaspersky Said

While exploring the potential online security threats for the upcoming 2021, the Russian-based multinational cybersecurity company Kaspersky predicted a rise in Bitcoin thefts. Kaspersky researchers also foresee an increase of ransomware threats and more demands to be requested in privacy coins such as Monero instead of BTC. 2021: Bitcoin’s Value Leads To More Bitcoin Theft?...
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Crypto community feels the STABLE Act is a colossal step backward for US

Cryptocurrency regulation has been a widely discussed topic around the world. On the one hand, many nations are trying to find a balance between regulations and innovation, while on the other, there have been steps to stifle the growth and progress of crypto. Recently, the Michigan Democrat Rashida Tlaib with Congressmen Jesus García and Stephen...
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Injective launches gold synthetic commodities on Solistice Testnet

Injective Protocol announced the launch of their first synthetic commodity market on the Solistice Testnet. According to the announcement, users can now trade gold perpetual markets with up to 20x leverage. The price oracles utilized will enable real-time feeds which further allows traders to trade gold 24/7 on Injective. “We have chosen to begin with the introduction...
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Suzhou to receive $3 million DCEP airdrop as adoption grows

China is leading the world in the development, implementation, and testing of its CBDC with the DCEP project, adding yet another city to the list of test runs. According to reports, Suzhou will give away 20 million Yuan worth $3 million in the new central bank digital currency. Similar to the pilot in Shenzhen, citizens...
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XRP Price to Cross $1 Very Soon, Predicts an Analyst

XRP price took a giant leap in the past month attaining $0.79, highest levels ever since 2018. But slashed below $0.5 levels to touch $0.45 within just a couple of days. Since then, many wonder whether XRP price will ever hit $1 in 2020 or consolidate within the current levels! According to an analyst called...
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Bitcoin Cash, Ontology, Enjin Price Analysis: 05 December

Bitcoin saw a dip from $19,500 to $18,500 in the past couple of days and was trading at $18,919 at the time of writing. Bitcoin Cash had a few days of calm sideways trading but could be headed lower in the coming hours. Ontology indicated a breakout was imminent, with the direction not yet confirmed....
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Holo Price Prediction: Will HOT Price Rally in 2021?

Are you thinking to invest in Holochain in 2021? But, might be you’re not sure about what its future holds. Stop being confused, because you’re in the right place. This article will provide you with the top Holo price prediction for 2021 and many more years to come. However, it is difficult to predict the...
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Introducing SINOVATE: The Future of Decentralized Cloud Storage

Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before. Market Growth & Unsustainable Solutions The data storage industry is projected...
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Ethereum All Set to Move Lower Than $550 Predicts an Analysts

Confirmed ‘Bearish’ signal for ETH The Exponential Moving Average(EMA) which is the average of the closing prices for a specific number of days divided by the number of days considered, is falling with the Ethereum(ETH) price. According to analysts, the EMA is below 10 which signifies a confirmed bearish trend for the ETH price. The...
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Miners unconvinced as Ethereum devs look to move EIP-1559 to mainnet

EIP-1559 is one of the most anticipated upgrades to the Ethereum blockchain, and according to reports, it is likely to be on the mainnet fairly soon. ETH devs handling the proposal are in the process of moving EIP to the mainnet, coming to an agreement that solutions to most research questions have been solved. Finally,...
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How to create a Bitcoin wallet

A bitcoin wallet is like a safe that keeps your Bitcoin just like the traditional fiat currency and a bank account, making it compulsory for every individual looking to invest in Bitcoin to know how to create a Bitcoin wallet. With the wallet, you can transfer, receive, and manage your Bitcoin. The Bitcoin wallet is...
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