Comparing different cryptocurrencies is often a futile task. Even so, many enthusiasts pay close attention to the Bitcoin Dominance Index, which continues to drift lower week over week. For some time now, Bitcoin has been losing dominance over the altcoin markets. Bitcoin Dominance Index is Slipping Again While the slippage remains relatively limited overall, it...Read More
A lot of cryptocurrency projects have found themselves in the crosshairs of the SEC. For the Modern Money Team, or MMT, it seems the allegations of fraud and misleading investors have some merit to them after all. Whenever a new company starts to promote cryptocurrency activities, scrutiny is warranted. Modern Money Team is in Serious Trouble...Read More
Browsing the internet requires software that just works, with no unnecessary bells and whistles. Brave has proven to be incredibly successful in this regard, and now counts over 15 million monthly active users. There are many different browsers on the market today. The Growth of Brave is Remarkable Whether one uses a computer, tablet, smartphone,...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog By Friday, June 5th, the activity of the XRP has fallen almost to zero. The cryptocurrency stands still, trading at 0.2042 USD. On D1, the Ripple technical picture looks typical for most cryptocurrencies. The pair keeps testing the lower border of the ascending channel, trading above 38.2% Fibo. At...Read More
When looking for financial assets that may appreciate in value over time, many different options can be explored. If Bloomberg analysts are to be believed, all one needs is Bitcoin and gold to make a steady profit. Most of the financial markets had their key weaknesses exposed in recent months. All You Need is Bitcoin...Read More
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used, staked and earn interest within...Read More
Any cryptocurrency exchange is always subject to intrusion. Coincheck, a Japanese platform, found that out the hard way once again. Suffering from a data breach is never fun for a company. Coincheck may Have Been Breached Again This is especially true if said company controls user funds on a daily basis. For Coincheck, it seems...Read More
When individuals like John McAfee speak in public, some people immediately give credence to what he is saying. Others tend to dismiss his claims very quickly, for rather obvious reasons. A while ago, the entire world was looking at John McAfee for his Bitcoin price predictions. John McAfee is Still Talking About Bitcoin McAfee predicted,...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 2nd, the ADA remains positive, looking upwards. It is generally trading at 0.0816 USD. Last week, the ADA attracted the attention of the market, growing significantly. On Friday, May 29th, its price increased by 14%, having fundamental reasons for such growth. On D1, ADA/USD keeps developing...Read More
When it comes to Ripple and XRP, the main area of focus is the financial sector, rather than cryptocurrency. In recent weeks, it appears that the XRP/MXN liquidity through Bitso has reached a new all-time high. The XRP asset was never designed to rival Bitcoin or other crypto assets. XRP is Doing Wonders for Bitso...Read More
Cryptocurrency exchanges are often centralized, ensuring that users are never in control of their own holdings. New solutions need to be found, and it appears that NebliDex has some ideas as to how the future of trading should look. Putting users in full control of their assets is a core aspect of cryptocurrency. For some...Read More
Looking at the current Bitcoin price momentum, some cautious optimism appears to be warranted. Open interest on CME’s Bitcoin options seems to confirm as much, although no immediate push to $10,000 should be expected. Many people would like to see the value of Bitcoin hit five digits once again. Are Things Looking up for Bitcoin?...Read More
There have always been questions as to who is buying cryptocurrencies and for which specific purpose. In undeveloped countries, the adoption of crypto assets is progressing rather quickly, according to a new report. For years now, people have claimed how Bitcoin can transform Arica in terms of finance. Crypto Adoption in Developing Nations For equally...Read More
On Monday, June 8, transfer MKR into your Coinbase Pro account ahead of trading. Support for MKR will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. On Monday, June 8, we will begin accepting inbound transfers of MKR to...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 29th, the BTC has grown steeply and is aiming upwards. It is generally trading at 9632.50 USD. On D1, the picture has hardly changed since last week. The pair keeps trading the upper border of the descending channel, trading between 50.0% and 61.8% Fibo. After yet...Read More
Every individual cryptocurrency network has many different statistics worth keeping an eye on. The Ethereum network recently surpassed 700,000 Ether in total fees paid, which marks a rather interesting milestone. No one can deny that there are very few successful crypto projects out there. An Interesting Milestone for Ethereum Based on user adoption, transaction values,...Read More
Banks and other financial institutions have never been close friends of Bitcoin and other cryptocurrencies. Goldman Sachs is a good example, albeit it seems that the bank has some other problems to deal with as well. This week, the people at Goldman Sachs had an interesting discussion on Bitcoin, inflation, and so forth. Bitcoin is...Read More
A fool and his money are soon parted. When it comes to dealing with cryptocurrency, it’s important to know exactly what you’re doing. However, not only new crypto users fall victim to lurking predators, even a crypto OG will slip up once in awhile. Here’s a story about a reddit user – tycooperaow – losing over $1,200...Read More
In the cryptocurrency space, there are a lot of different opinions on stablecoins. Vitalik Buterin sees some merit in these assets, although they may not find their core niche in their current state. The stablecoins currently on the market seem to struggle quite a bit. Stablecoins Need to Keep Evolving Only Tether’s USDT is effectively...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 26th, the TRX demonstrates no clear priorities, generally trading at 0.0146 USD. On D1, TRX/USD keeps moving sideways inside a horizontal channel. In the nearest future, the quotations may slightly decline to 0.0140 USD. Judging by the instrument’s weak volatility, we should not expect any activity...Read More
More often than not, people actively wonder who is responsible for buying up the newly mined BTC on the network. As it turns out, institutional investors may play a bigger role in this process than originally anticipated. Unlike traditional forms of money, Bitcoin has not hit an actual supply cap as of yet. Institutional Investors...Read More
The ongoing drama involving the Steem project is seemingly not coming to an end just yet. Binance’s involvement in this entire matter is also raising a lot of eyebrows, and may hurt the company’s reputation in the long run. It is evident that Steem underwent yet another hard fork. Binance Gets its Share of Steem...Read More
Financial institutions such as Goldman Sachs have always condemned Bitcoin and other crypto assets. In 2020 and beyond, they are looking at the new form of money from a completely different perspective. Rumor has it that Goldman Sachs is paying very close attention to Bitcoin. Goldman Sachs Pays Attention to Bitcoin Not to blast it...Read More
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...Read More
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...Read More
There are many ways to look at the financial sector. One option is to compare crypto hedge funds with their traditional brethren to see who performs better. Investing in cryptocurrency is always a risky venture. Crypto Hedge Funds Lead This Dance That also applies to more traditional markets, as there is no guarantee of profit...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 22nd, the XRP is trying to restore after two days of sales but the impulse is not enough. The cryptocurrency is generally trading at 0.1968 USD. The technical picture of Ripple on D1 has not much changed since last week and is typical of the whole...Read More
It is evident that Bitcoin remains the world’s leading cryptocurrency across the board. The number of daily active averages for Bitcoin is well ahead of any altcoins, further confirming that alternative assets aren’t gaining any real adoption. When it comes to the cryptocurrency industry, Bitcoin is the go-to option. Bitcoin is the Crypto Asset That...Read More
Today we’re welcoming FTX, one of the world’s most exciting cryptocurrency derivatives and spot exchanges, to Coinbase Custody International (CCI). As the primary custodian for FTX, Coinbase Custody will be responsible for the storage of its ERC-20 exchange token, $FTT. FTX selected Coinbase Custody International after reviewing our battle-tested storage solution which includes world-class security, regulatory...Read More
In the cryptocurrency industry, there is always demand for safe and secure wallet solutions. EnQlave positions itself as the “quantum safe for crypto assets”, but it remains to be seen if they can live up to those expectations. Crypto and blockchain enthusiasts are concerned about the era of quantum computing. EnQlave Aims to be Quantum-proof...Read More
