Bitcoin price could hit $100,000 in three years, according to an analyst. | Source: Shutterstock.com Dave the Wave tells CCN that he sees $100,000 by late 2022 as long-term bitcoin target. The analyst previously predicted BTC’s bottom in the $6ks. The same parabolic line since 2011 has remained in tact through the years, indicating a...Read More
The Ethereum Classic community has been awaiting the Agharta hard fork that is scheduled for January 2020. The network has been preparing for the hard fork by releasing several Testnets, with the Kotti testnet being the latest one, activated on 14 December at block 1705549. Other Testnets including Morden and Mordor were activated back in...Read More
The cryptocurrency world is growing very fast, and many of us want to be part of it. However, the only fear you have is how to invest, and which exchange to choose? This is where you are in a dilemma to choose between ‘a good exchange’ and ‘a better exchange’ for trading cryptocurrencies. One such...Read More
State-backed stablecoins appear to be on the rise in the last several months, and Russia is taking the next step into launching its own. The country’s central bank has reportedly started testing digital currencies backed by real assets in a regulatory sandbox. Russia Tests Digital Assets The head of the Central Bank of Russia, Elvira...Read More
A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by...Read More
China has been exhibiting its interest in blockchain technology and with the digital yuan, the country has surely turned heads. Apart from this, China has been dominating the Bitcoin mining space. However, the latest news from the country shows the ugly side of the same. Recently, Chinese authorities have reportedly seized about 7,000 cryptocurrency mining...Read More
India’s topmost cryptocurrency exchange WazirX has started a trading marathon on its exchange. The “Highest Trader Kaun Marathon” has started from 9 am IST and will continue for the next 12 hours on 26th Dec 2019. The platform has only opened this marathon for Chiliz crypto and only trading pair available for trading is CHZ/USDT....Read More
The consolidation for the entire month of December has continued for Bitcoin as it holds above key support. If the next moves down are similar to the previous ones however it could soon be as low as $5,000 according to one analyst.Bitcoin Consolidation ContinuesFor another day BTC has held above $7,000 as its sideways trading...Read More
Poloniex, the U.S. based digital asset exchange has achieved a new milestone. The exchange is only one in the category of “Only Verified Top 50 Gainers” for the last 30 days of the Coin360 market analysis tool. Poloniex exchange has earned 58.04% in the last month making it only gainer as per the Coin360 market...Read More
The world’s second largest crypto asset is about to have a miserable end to 2019. Ethereum prices keep collapsing and now the community is growing increasingly riled over the timing of the next network upgrade.Ethereum FUD EscalatingHolders of ETH will be doing anything but celebrating this festive season as prices continue to crumble. For another...Read More
Bitcoin price is just holding the key $7,120 and $7,000 support levels against the US Dollar.A bearish break below the $7,000 support could start a short term downtrend.There are two bearish trend lines forming with resistance near $7,240 and $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is likely...Read More
Binance exchange has yet added a new feather in its cap. The Malta-based exchange has listed a new Fiat support to the exchange. The Binance customers can now buy cryptos using the Turkish Lira (TRY). The Binance exchange had recently added EUR, NGN, RUB and many fiat support. With the earlier announcement, the trading pairs...Read More
Cryptocurrency regulation remains a controversial topic in different regions. Many hope to see some sort of solution emerge out of China, and it may be closer than one may think. Bitcoin and other digital assets have proven very difficult to regulate in many different ways. China and Bitcoin Regulation Primarily Chinese officials seem to struggle...Read More
Ripple price is now trading well below the $0.2000 and $0.1950 supports against the US dollar.XRP is facing hurdles, while bitcoin and Ethereum are declining steadily.There is a connecting bearish trend line forming with resistance near $0.1890 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could continue to decline unless...Read More
Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar.The price is now facing a couple of key hurdles near the $126 and $128 levels.Yesterday’s key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is currently consolidating near...Read More
Many people wonder what the future will hold for bitcoin payments. As numerous supporters no longer deal with BTC in 2019, that outlook remains uncertain. A lot of companies have tried to accept bitcoin payments in recent years. Bitcoin Payments Remain a Problem in 2019 Some companies stick with that decision, whereas others bow out...Read More
The past few months haven’t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as low as $6,400 due to selling pressure from PlusToken and weak hands.Despite this strong retracement, a popular analyst is convinced that the future is bright for BTC. He...Read More
