The pacesetter United States 2020 Presidential election candidate, Andrew Yang whose campaign was famous for his massive support for cryptocurrencies alongside a future promise of universal basic income has dropped out of 2020 elections. Andrew Yang Drops His 2020 Elections Campaign, Promises To Bounce Back Harder As this might have meant a major disappointment to...Read More
XRP surged by a total of 14.5% today to bring the price of the cryptocurrency above $0.30 as it reaches $0.33. The latest price increase has made XRP the strongest performing cryptocurrency from the top 20 ranked projects in the past 24 hours. Against Bitcoin, XRP broke above the pivotal 3000 SAT resistance to approach...Read More
The exciting start of 2020, in terms of price action, has brought serious retail attention to the cryptocurrency market. Google Trends data shows that Bitcoin and altcoin searches are recording their highest levels since August of 2019. Bitcoin Price Drives Attention The largest digital asset began the year trading at $7,170. At the time of...Read More
Ripple’s expansion continues with a new partnership in Egypt. The country’s national bank has recently signed a co-operation agreement to join the blockchain-based payments network RippleNet to implement remittance payments. Ripple Partners With NBE The National Bank of Egypt is the oldest and largest bank in the country. As of yesterday, the NBE is partnering...Read More
In today’s headlines, the London Football Exchange (LFE) has recently announced its participation in a deal to acquire the Perth Glory Football Club (PGFC), 2019/2020 participants in the Australian Hyundai A-League Premiers, as well as the Asian Champions League. According to the recently announced Asset Sale and Purchase Agreement, the LFE has acquired the majority...Read More
With 24.57% increase, Tezos becomes the biggest-gainer amongst top major cryptocurrencies XTZ regains the 10th spot on the market cap spot following a significant price surge. Bullish sentiment remains strong across the XTZ pairs. XTZ/USD: XTZ Looking Bullish But Price Rejects At $3.4, Can $3 Hold As Support? Key Resistance Levels: $3.4, $3.7, $4 Key...Read More
The cryptocurrency market is growing at a notable rate since the beginning of 2020. Interestingly enough, the growth is across the board. Despite Bitcoin’s increasing price, its dominance continues to fade. This is a definitive sign that altcoins are claiming serious grounds as their prices continue to boom. Cryptocurrency Market Cap At 6-Month High It’s...Read More
Ethereum witnessed an increase of 15% today, making it the strongest performing coin out of the top 5 cryptocurrencies. ETH penetrated above the $240 resistance to reach the current price of $253. It also climbed well above 0.023 BTC against Bitcoin to create a fresh 7-month high. Key Support & Resistance Levels ETH/USDSupport: $250, $240,...Read More
Democrat Andrew Yang, who previously urged for more transparent cryptocurrency regulations, has suspended his 2020 presidential campaign. With recent disappointing results, he felt convinced that they wouldn’t win the race, thus deciding to end his campaign in advance. Yang Drops Out Of the 2020 Presidential Race Andrew Yang is an American author, lawyer, and entrepreneur,...Read More
This is going to be a quick update following our latest Bitcoin price analysis from yesterday. As mentioned yesterday, since the year of 2020 begun, Bitcoin price had gone through three mini-rallies. All those rallies corrected back to the Fibonacci retracement level of 38.2% (a clear sign of bullish uptrend). The last of the three...Read More
Sigma Prime’s Lighthouse project just unveiled an Ethereum 2.0 testnet it hopes will be capable of handling 100,000 validators. Sigma Prime is ready to stress test the Ethereum 2.0 client before it goes public. Paul Hauner, a lead developer for Lighthouse, posted a video unveiling the ETH2.0 testnet on Twitter this week. In a reply...Read More
LINK is trading at a crucial resistance area after seeing gains of 13%. Chainlink is technically bullish across trading pairs but still facing a tough level at the immediate resistance. A pullback is likely if Link fails to overcome the current trading level. LINK/USD: Link Could Be Ready For Huge Rally But Still Waiting For...Read More
Tezos (XTZ) price is up more than 100% since the beginning of 2020. It’s one of the best performing cryptocurrencies and has managed to enter the top 10 projects by market-cap as its market capitalization reached upwards of $1.9 billion. However, given the notorious history of most existing cryptocurrencies, people remain somewhat hesitant of what...Read More
Canadian joint venture has launched a new stablecoin pegged to the Canadian Dollar (CAD). Dubbed QCAD, users can trade it against Bitcoin, Ethereum, and USDC, and it’s supported by cryptocurrency custodians Balance and Bitvo. Canada’s First Stablecoin – QCAD Announced earlier today, QCAD is built on top of the Ethereum blockchain, and it’s based on...Read More
India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies. ...Read More
Good things don’t come up so quickly. This is what happened with Bitcoin, following the first time in four months that the coin had crossed the $10,000 mark. Two days ago, following the 10K break, we saw it rising a bit more but getting rejected before the next critical resistance price level at $10,300 –...Read More
Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000. Bitcoin Price To $40,000 Lee is among the most...Read More
The rollover for XRP continues today with a further 2.15% price drop, bringing the price for the coin down to $0.27. XRP is showing some signs of stabilizing at the 2750 SAT level against Bitcoin. Despite the recent price fall, the cryptocurrency is still up by a total of 26% over the last 30 days....Read More
Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform. Binance Adds P2P Support For The Russian Ruble In a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will...Read More
The coronavirus which started from Wuhan, China, earlier in January, shows no signs of slowing down. With over 910 people dead already, countries across the world are taking measures. The UK has officially declared it an “imminent” threat. Asian and European stocks continue to feel the pressure as they struggle into the weekly opening. At...Read More
In the headlines today, the OKB token’s price, the native coin on the OKEx trade platform, jumped up an impressive 40% as the company launched the test net of its new decentralized exchange. The buzz first started late last year when OKEx first announced plans for launching its proprietary blockchain known as OKChain in 2020,...Read More
The American digital asset trust and security company, BitGo, expands its services to Europe. The company is opening two new custodial entities in Switzerland and Germany. BitGo Goes To Europe Reported earlier today, the popular U.S.-based digital asset management company is expanding its presence in Europe. With two new custodial entities in Germany and Switzerland,...Read More
Binance Coin is still trading well above weekly support across trading pairs The intraday trading looks bullish for BNB despite Bitcoin’s drop Bulls continue to show strong commitment against BTC. BNB/USD: BNB Charts 6% Gains As Bullish Sentiment Remains Strong Key Resistance Levels: $26, $30 Key Support Levels: $22, $19 BNB/USD. Source: TradingView Over the...Read More
Bitcoin’s positive price movement continued over the weekend, and it surpassed the coveted $10,000. Today, however, the largest cryptocurrency recorded a notable drop of over $500 in a few hours, which also filled the CME closing gap from Friday. Bitcoin Drops With $500 Bitcoin has been on quite the run lately. For the first time...Read More
Ethereum dropped by a small 2.28% over the past 24 hours as the cryptocurrency rolls over at $230 and drops to $223. The cryptocurrency failed to make ground above 0.023 BTC against Bitcoin and fell to 0.0224 BTC. This latest price fall can largely be attributed to Bitcoin dropping back beneath $10,000 briefly. Key Support...Read More
Our 20,000 newsletter subscribers may have wondered why they hadn’t received the weekly market update email, as they do on every Friday of the past four years. Unfortunately, CryptoPotato’s mail-service account on MailChimp had been forced closed without prior notice. In a surprising email for the popular email automation platform, they stated: “Our automated abuse...Read More
XRP saw a small 1.6% price increase over the past 24 hours as the cryptocurrency trades at $0.282. These gains are largely attributed to Bitcoin climbing above $10,000 as XRP fell against Bitcoin itself. XRP remains ranked in the 3rd position with a market cap of $12.37 billion. Key Support & Resistance Levels XRP/USD: Support:...Read More
VanEck, New York-based investment management company, recently published a report regarding Bitcoin and its role in the market. By outlining the digital asset’s benefits, the paper showcases its potential to serve as an investment instrument and as a store of value. Even 1% Bitcoin Can Raise The Portfolio Founded in 1955, VanEck is a global...Read More
Three days ago, we had written here that “those are likely to be the last days of Bitcoin below the legendary price of $10,000.” A few hours ago, we finally saw Bitcoin breaking above the legendary 5-digits number boundary. As mentioned in our most recent price analysis, the momentum is bullish, very bullish. Looking at...Read More
No sign of bearish sentiment for Ethereum as the ETH price continues to surge. Ethereum rose to $226 after gaining 25% in a week against the US Dollar. If ETH faces rejection at the current traded level, the market may correct to near support, which will be healthy. ETH/USD: Ethereum Hits $226, But Targeting 6-Month...Read More
