The partnership between TRON and the technology giant Samsung continues to reap benefits. As of today, the popular blockchain company with have a dedicated section in the Samsung Galaxy Store, featuring applications built on top of the TRON network. TRON Apps On Samsung Galaxy Store Back in 2019, both firms announced the initial partnership agreement...Read More
XRP saw a small 0.4% price hike over the past 24 hours as it continues to edge its way toward $0.20. The coin rebounded from support at $0.18 last week as it bounced from a rising trend line. Against Bitcoin, XRP has been falling throughout April and recently dropped into the 2550 SAT level. Key...Read More
A recent report by Bloomberg says it might be time for a 2017-like bull run for Bitcoin. According to the document, interest in BTC is increasing while the market is maturing in time for the 2020 Halving, winking at the previous event of the kind that took place in 2016. Becoming The Digital Gold, After...Read More
The leading digital asset management company, Grayscale Investments, has purchased nearly 50% of all mined ethers in 2020. The firm outlined the increased interest from institutional investors, hinting that the upcoming Ethereum 2.0 could be the reason behind both. Grayscale On ETH Buying Spree New information on the matter indicated that the total number of...Read More
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high. Following our previous BTC analysis from Saturday, we can see that Bitcoin broke above...Read More
Ethereum saw a 1.5% price increase today as the coin reaches $197. The cryptocurrency surged by a total of 7.4% this week as it breaks previous resistance at $187 to reach $198. Against Bitcoin, Ethereum is also on the rise as it makes an attempt at the April highs of 0.026 BTC. Key Support &...Read More
Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are a derivative product that gained serious popularity in the past years. Traders are always looking for information that would give them an edge in the market. Arguably, the most valuable data is that which offers...Read More
Stablecoins issuance is not artificially inflating the prices in the cryptocurrency market, despite some controversial beliefs, suggested new research on the matter. At the same time, the paper acknowledged their vital role in the digital asset field and predicted that it’s only prone to grow in time. Tether Do Not Inflate The Crypto Market Last...Read More
The tenth-largest cryptocurrency by market cap, Tezos (XTZ), has the most assets locked in staking with over $1.8 billion. The popular blockchain protocol has been especially attractive to investors lately and has surpassed the former leader of staking – EOS. XTZ Locked In Staking Per data from the monitoring website, Staking Rewards, Tezos became the...Read More
Bitcoin mining hardware manufacturer Ebang International Holdings has become the latest mining chips company planning to get listed on a major stock exchange via an Initial Public Offering (IPO) in the United States. Ebang Files $100M IPO In The US The China-based firm has applied with the US Security and Exchange Commission (SEC), so it...Read More
Despite his short-term adverse views of Bitcoin’s price, Ross Ulbricht remains bullish in the long-term. In a recent post from the prison, he reiterated his last $1,200 price prediction, saying that this could be simply the start of a vast upwards movement, which could lead to $333m per one BTC. Bitcoin To $333 Million? As...Read More
Cryptocurrency prices are quite susceptible to news, according to a recent paper. While, somewhat unsurprisingly, adverse announcements lead to immediate sharp declines, the establishment of clear regulations tends to mark serious market gains. Crypto Reactions For News And Regulations The report compiled by the Federal Reserve Bank of Dallas initially questioned the efficiency of instituting...Read More
What a recovery. Bitcoin is only a few steps away from a full recovery since the March 12 collapse, which took place only six weeks ago and saw Bitcoin plunging to $3600 (BitMEX). The primary cryptocurrency had recently broken above at $7230. On the following 4-hour chart you can notice the mid-term descending trend-line’s breakout....Read More
Bitcoin is reducing its correlation with the stock market, and is transitioning towards gold’s performance, a recent Bloomberg report claimed. Amid the current COVID-19 crisis, both assets will outperform equities and emerge as the most substantial gainers. Bitcoin To Join Gold The unexpected outbreak of the COVID-19 pandemic jolted world economies and financial markets. The...Read More
It’s safe to say that the last seven days were packed with action on all fronts. Bitcoin started the week trading at around $7,100 but fell to a low of around $6,800. The bears were for not, however, as yesterday BTC surged to a high of $7,780 in a few consecutive green candles. Naturally, the...Read More
Bitcoin Bitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support...Read More
The price continued to increase after gaining momentum from the weekly support. Currently, the bulls are in control of the market across trading pairs. Tezos surged 11% to reach $2.66 today following a recent break above monthly high. XTZ/USD: Tezos Stays Bullish Above Weekly High Key Resistance Levels: $3, $3.3 Key Support Levels: $2.38, $2.07...Read More
Binance, the world’s leading cryptocurrency exchange, is going through a scheduled system upgrade tomorrow. As it’s the largest exchange in the market, this might open a window for external players to move the prices more easily. Binance To Undergo Scheduled Maintenance Binance is the world’s leading cryptocurrency exchange, and it is scheduled to undergo a...Read More
Stellar reactivated a mid-term bullish trend following a 17% increase over the last 24-hours trading. After breaking out from a monthly resistance, XLM continued to increase and reclaimed last month’s high – $0.0618 Stellar is now targeting 8-month resistance following a monthly recovery from 600 SAT support level XLM/USD: Stellar Reactivates Bullish Above Monthly High...Read More
As the economic turmoil in Argentina continues to harm citizens and devaluate the peso, it appears that residents are turning to Bitcoin, instead. Recent data revealed that Argentinians are consistently increasing their purchases of the primary cryptocurrency. Argentinians Buy Bitcoin Argentinians are spending more and more pesos on buying Bitcoin, indicated new information provided by...Read More
David Clifton was recently appointed Interim CEO of Bakkt by the board replacing previous CEO Mike Blandina who has only held the CEO position for less than four months. The move comes after Blandina replaced former CEO Kelly Loeffler during last December, as she opted to take a Senate seat for the state of Georgia....Read More
Bitcoin made a serious move in the past few hours as its price soared up to above $7,720 in just a few minutes. Legacy markets followed as the S&P500, the Dow, as well as gold and oil are all trading in the green. Bitcoin Price Surges to $7,700 In a few quick hours, Bitcoin’s price...Read More
Bitcoin accumulation is on the rise in the past few weeks, according to new information. BTC hodlers are stashing more coins daily now than they did at any time in the last year. The question remains if the upcoming Halving scheduled to take place in May is the primary reason behind this, or is it...Read More
XRP saw a small price increase of 1.25% today as the coin breached $0.19. The coin previously fell lower but managed to find support at $0.18 as it rebounded from a rising trend line. Against Bitcoin, XRP dropped beneath the support at 2650 SAT as it struggles to break above a falling trend line. Key...Read More
Over the past days, after getting rejected at the $7300 price level, Bitcoin followed the global markets 2-day drop and fell straight to the $6800 support. Looking at the Bitcoin chart, we can see that the latter is also a significant 61.8% Golden Fibonacci level, as mentioned in our most recent BTC price analysis. Bitcoin...Read More
Initial Exchange Offerings took the world by a storm back in 2019 with their significant returns to investors. As time went by, however, Binance, in response to community requests, changed the format of the IEOs and made them much more accessible. This, in turn, decreased the returns, causing many to believe that just like their...Read More
The large American communications technology company, Zoom Video Communications, has integrated a blockchain-based app for the first time. Developed by 2key.Network, SmartSessions is built on top of the Ethereum network and will allow business owners to monetize video calls with cryptocurrencies. Blockchain Enters Zoom The popular communications company announced the integration of SmartSessions earlier today....Read More
Having suffered losses due to the COVID-19 led market onslaught, both Bitcoin and the United States stock market have had a good month. However, one analyst has pointed out how Bitcoin’s recovery has been entirely driven by market forces, while stocks have been rallying on the back of government intervention. Bitcoin Recovered Without External Intervention...Read More
Ethereum increase by a total of 4% over the past 24 hours as it reaches $179. ETH has managed to surge by a total of 13% this week – making it the highest performing top 5 cryptocurrency. Against Bitcoin, Ethereum rebounded at 0.025 BTC as it heads back toward the April 2020 highs. Key Support...Read More
Chainlink continued to gain momentum in the channel. In the last seven days, LINK is up more than 15%. Against BTC, price and volume are in contrast, but LINK’s bullish trend remains valid on the 4-hours chart. LINK/USD: Chainlink Recovery Holds In a Five-Week Channel Key Resistance Levels: $3.8, $4, $4.5 Key Support Levels: $3.38,...Read More
