By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, July 24th, the XRP is declining after previous growth, trading near 0.2036 USD. On D1, XRP/USD keeps declining. The quotations have bounced off the upper border of the channel and now rest near 38.2% Fibo. The nearest aim of the decline is still 23.6% Fibo; if the...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, July 21st, the BTC rate is growing. The cryptocurrency is generally trading at 9307.56 USD. On D1 of BTC/USD, the picture has not changed much since last week. The pair is still trading at the upper border of the descending channel between 100.0% and 61.8% Fibo. Another...Read More
By Pete Kim At Coinbase, our mission is to build an open financial system. We strongly believe that increasing economic freedom will make the world a better place. Decentralized Finance, or DeFi for short — an open, borderless, and programmable version of finance — is an inseparable part of that vision. Smart Contracts DeFi is...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog An unexpected forecast on the XRP was made by a legendary blackjack expert and billionaire Stephen Wynn. He states that the XRP may reach 10000 USD per coin if in the future, it will be widely used in retail sales and transborder transactions. In an interview to John Navin...Read More
On Tuesday, July 21, Coinbase Pro will add support for new order books for Algorand (ALGO), Chainlink (LINK), XRP (XRP) Tezos (XTZ). The new pairs will be: ALGO-EUR, ALGO-GBP, LINK-EUR, LINK-GBP, XRP-GBP and XTZ-EUR, XTZ-GBP. These order books will be available in Coinbase’s supported jurisdictions outside of the United States, where relevant payment methods are...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After growing for two days in a row, the XMR is stepping back: on Friday, July 10th, it is trading at 65.82 USD. Since last week, not much has changed on the XMR/USD chart. The pair behaves as other coins do, demonstrating little volatility. The price is moving between...Read More
Today we’re proud to announce that 21Shares AG has chosen Coinbase Custody to store its digital assets for its Bitcoin ETP. 21Shares AG is listing its 21Shares Bitcoin ETP (ISIN: CH0454664001 — WKN A2T64E) on the Deutsche Börse’s Xetra electronic venue on Thursday July 2nd 2020. Coinbase Custody will serve as custodian for the underlying...Read More
Bitcoin often faces a lot of criticism for its high transaction fees. A recent network transfer worth over $930 million in BTC shows things can be done differently. It is interesting to see how high-value transactions tend to have low TX fees. Small Transaction Fees may Still be too High This is possible, even when...Read More
Various companies within the cryptocurrency space have been affected by the Wirecard debacle. It puts a very different spin on the concept of crypto debit cards, as this industry takes another big hit. Most people will have heard of what happened to Wirecard. A Tough Spot for Crypto.com The German firm’s account practices have created...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, June 26th, the XRP positions remain weak. The cryptocurrency is generally trading at 0.1818 USD, and the attempts of bounces look too timid to turn out productive. On D1, XRP/USD keeps forming a downtrend. After a bounce off 32.8% Fibo, the quotations are heading for 23.6%, which...Read More
Making Bitcoin more accessible for purchase is always an ongoing challenge. LibertyX may be able to crack the code, as it has added 20,000 stores to purchase BTC directly. For those familiar with LibertyX, this news may not come as too big of a surprise. A big Move by LibertyX The company is building a...Read More
For quite some time now, a lot of BTC is being bought up. Some of the purchases are made by existing BTC owners, whereas the rest is ending up in the hands of Grayscale. Accumulating Bitcoin appears to be a very prominent option these days. Grayscale Keeps Buying Bitcoin and Ethereum On the one hand,...Read More
Several cryptocurrencies take privacy and anonymity a lot more serious than Bitcoin and Ethereum. Monero, the actual anonymous cryptocurrency out there, now has a new mining pool that can only be accessed over Tor. Achieving privacy or anonymity with Bitcoin is impossible due to the current core protocol. Mining Monero Over Tor In the case...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After a productive Monday, the ETH may continue its growth if the current impulse preserves. On Tuesday, June 23rd, it is generally trading at 241.90 USD. On D1, ETH/USD is winding up a correction in an uptrend. The quotations keep trading near the lower border of the ascending channel....Read More
Central banks all over the world have begun their preparations for a cashless society. In Italy, a trial for a digital Euro may commence a lot sooner than originally expected. Various Italian banks want to pilot a central bank digital currency. Italian Banks Push the Envelope Somewhat surprising, given recent remarks by the Federal Reserve....Read More
Derivatives exchange Bybit has introduced a fiat onramp, enabling users on the platform to buy cryptocurrency using traditional payment methods. It is the latest upgrade to the Singapore-based exchange, which celebrated its two-year anniversary this past March. A Major Milestone on the Roadmap By adding fiat integration, Bybit brings itself level with competitors like OKEx...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog At the end of the week, the XMR activity is minimal – investors are accumulating power, waiting for fresh drivers. The cryptocurrency is generally trading at 63.97 USD. This week on the XMR/USD, nothing has changed significantly. The pair behaves as other coins do, demonstrating no significant volatility. On...Read More
Blockchain technology has been touted as the technology of the future. Several years into this optimistic outlook, real-world adoption of distributed ledgers remains at a low. That doesn’t necessarily mean that blockchains aren’t going to be used on a broader scale, though. Blockchain Remains of Great Interest If a survey by Deloitte is to be...Read More
Cryptocurrencies such as Bitcoin and Ethereum were not entirely familiar to the public until recent times. They were instead relegated to the world of online trading and similar investment opportunities. However, the growth of these digital mediums cannot be denied. This is one of the reasons why they are now being accepted by numerous online...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The...Read More
Following the recent block reward halving, many people expected the Bitcoin network hashrate to drop off significantly. That has not happened as of yet, although some changes can be noted when looking at rankings of the mining pools. Statistics provided by BTC.com confirm that the Bitcoin mining landscape has undergone some changes in the past...Read More
Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high. Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in...Read More
Statistics play a crucial role in any industry, and cryptocurrencies are no exception. Looking at the number of unique addresses holding at least 0.1 BTC in their balance, it seems as if the ongoing growth cannot be denied. Bitcoin is, for all intents and purposes, designed to be a very scarce asset. More Addresses Holding...Read More
Following certain Twitter accounts can grant one unique insight into the cryptocurrency world. Three recent Bitcoin transactions worth millions of dollars have attracted plenty of attention, yet no one knows what is going on exactly. When large sums of crypto funds are being moved around, everyone is perking up. Three Whale Transactions in one Bitcoin...Read More
China will always remain a controversial country when it comes to handling cryptocurrencies. This is primarily due to all of the illicit activities taking place within its borders. In a new crackdown against illegal crypto money streams, the Chinese government has taken a different approach. China Targets Crypto Bank Accounts Rather than collecting data for...Read More
Over the past few years, many Bitcoins have been lost forever due to people throwing away old hard drives or entire computers. One Redditor managed to bring back an old laptop to life, and it holds a Bitcoin wallet containing 533 BTC. Many people have forgotten that they ever owed any Bitcoin or other cryptocurrency....Read More
Ripple has slowly been building up a global network of partners who use their technology and services. If Navin Gupta is to be believed, there are nearly 350 financial institutions using RippleNet, with more to be added in the near future. Ripple’s technology has been of great interest to banks and other financial service providers....Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 9th, the XRP is moving steadily inside a narrow flat. It is generally trading at 0.2031 USD. On D1, the technical picture of Ripple has not changed greatly. The pair keeps testing the lower border of the ascending channel, trading near 38.2% Fibo. At the current...Read More
Non-Fungible Token to optimize the music industry and copyright protection processes When studying the world of cryptocurrencies it is essential to take into consideration, and never give up on this focal point, the reason why you intend to join it. Many people lose sight of this aim, tempted by false myths, by the stories that...Read More
Various blockchain projects have shifted some of their attention to disrupting the domain name services industry. Tezos is the latest project to do so, as Tezos Domains are now officially a thing. For some time now, the Tezos team has been exploring new avenues to pursue. Tezos Domains are Progressing Nicely Rather than focusing just...Read More
