February 10, 2020

UK’s crypto start-up applies for banking license

UK government is in-between talks of tightening cryptocurrency regulations for some time now. Recently, a UK based start-up, DAG Global, has applied to become the country’s first bank for cryptocurrency businesses despite regulatory caution, according to a report. The digital banking platform said it would resubmit its application for a banking license next month with...
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Litecoin could reach $90 by March first week

As has been the case with almost all cryptocurrencies so far this year, Litecoin has made substantial gains over the last five weeks. Sporting a price tag of around $74 at the time of writing, Litecoin has a market capitalization of $4.72 billion according to CoinMarketCap. Litecoin 1-day chart Source: LTCUSD on TradingView At its...
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Technical Analysis Shows Litecoin (LTC) is Gearing Up for a Rally to $100

The aggregated crypto market has been caught within a firm and unwavering uptrend throughout the past 5 weeks, with Bitcoin’s movement towards $10,000 allowing altcoins like Litecoin to see some intense upwards momentum. In the case of LTC, the crypto is currently declining from its recent highs of $78.00, and bulls are in the process...
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Stocks Take A Hit As UK Declares Coronavirus Imminent Threat, Bitcoin Price Looking Healthy

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...
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OKB Price Skyrockets Over 40% As OKEx Announces Test Net For Its DEX

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,...
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BitGo announces expansion of custodial entities in Switzerland and Germany

The digital asset trust company and security company, BitGo announced its expansion plans with new custodial entities in Switzerland and Germany. According to the official release of the Palo-Alto-headquartered firm, BitGo’s Swiss entity BitGo GmbH is a member of the Financial Services Standards Association [VQF], overseen by the Swiss Financial Market Supervisory Authority [FINMA] Its...
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Litecoin Foundation Partners with Cred to Offer Financial Services

[PRESS RELEASE]  SAN FRANCISCO, February 10– Today, Litecoin Foundation, whose mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies, announced that it has selected Cred to offer financial services to Litecoin (LTC) holders. Cred, a licensed lender based in California, is the leading crypto-backed lending and borrowing...
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EBO Gives Back Full Custody To Traders With Its Open Finance Ecosystem, Now Available On The App Store

[PRESS RELEASE] ZUG, SWITZERLAND / February 10th, 2020 / EBO, the open finance ecosystem, has launched its latest mobile app – bringing an open, accessible and reliable platform to the crypto world. Available on the Apple App Store from today, the EBO Ethereum Crypto Wallet gives users total control of their crypto and acts as...
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What Awaits Ripple in 2020 – A Breakthrough of Resistance or New Lows?

The third crypto by market cap, Ripple, has failed to live up to investors’ expectations last year, but is there a chance that 2020 will be the year of redemption for XRP or will reach new lows? We will be looking at some of the factors and predictions that might impact the price of XRP...
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Bitcoin Sees a Healthy Pullback After Rallying to $10,200; Here Are the Levels to Watch For

Bitcoin has seen some intense volatility over the past 24-hours, with the cryptocurrency showing signs yesterday of stabilizing within the $10,000 region before facing a swift overnight selloff that led it to plummet as lows as $9,750 overnight. BTC’s rejection at $10,200 seems to spell trouble for the cryptocurrency’s recent uptrend, although analysts are now...
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Bitcoin’s derivatives market: Why Bakkt isn’t gaining market share compared to Bitmex, Deribit

The cryptocurrency world had been eagerly waiting for Bitcoin [BTC] to breach crucial resistance at $9.8k and enter the $10k club. Even though Bitcoin’s price did surge past the $10k mark, it couldn’t hold it. Following the $10k spike, Bitcoin fell by 4.55% and despite several recovery efforts, it couldn’t retrieve to $10k. At press...
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BitGO Expands Cryptocurrency Services To Europe, Adds Regulated Custody

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,...
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Top 4 Tools You Need for Cryptocurrency Investment

Cryptocurrency is an internet-based medium of exchange that has become increasingly popular in recent years. These currencies leverage blockchain technology to ensure a secure exchange process, featuring decentralization, transparency, and immutability. It is a digital alternative to money that holds its value based on supply and demand. Many believed that cryptocurrency was just a fad...
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Binance Coin Price Analysis: BNB Gains 6% Despite Latest Bitcoin Pullback

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...
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VeChain Price Prediction and Analysis in February 2020

We will be trying to formulate a VeChain price prediction by analyzing the past price trends, project developments, and market opinions, and see what price VET might have in February 2020. VeChain Overview VeChain was developed as a blockchain-based traceability solution in order to simplify the process of authentication and tracking various products as they...
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Bitcoin is very much at the start of a bull run: Dan Held

Bitcoin recently crossed the $10,000 level for the first time since last year, an important psychological level and quite likely a sign of a more positive market sentiment. Though Twitter did see the usual friction between altcoin communities (each thinks the other is a scam), it feels like the cryptocurrency space is gearing up to...
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Bitcoin Price Dips Over $500 As Latest CME Gap Gets Filled

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...
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Research-Based Strategies to Apply in the Stock Market in 2020

The majority of investors are looking to own stocks via the diversified index and low-cost funds, reinvesting dividends, and also dollar-cost averaging methods. Few investors opt to choose individual stocks, creating a portfolio after analyzing a particular firm. There are numerous ways to look at stock investing, however, as you will discover below. Most of...
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Ethereum Price Analysis: ETH Tumbles At $230 But Remains Largely Bullish

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...
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Could China’s DCEP ‘jeopardize’ US standing on world stage?

China, with its central bank digital currency, dubbed, ‘DCEP‘ is advancing its development toward replacing coins, banknotes, and other money equivalents. China had recently implemented a law on January 1st, 2020 that aimed to govern password management, as part of its plans for DCEP’s release. While rumors regarding the development of a Chinese CBDC gained traction...
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These Factors Show EOS Will Soon Explode 20% and See Further Momentum

EOS, just like virtually all other major altcoins, has been seeing some bullish price action throughout 2020. It is important to note that its rally, however, can best be categorized as a steady upwards grind, rather than a parabolic one. This steady ascent may not last long, as a few technical factors suggest that the...
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XRP Could See a Swift Movement to $0.50 After Closing Above a Key Level

XRP and all other cryptocurrencies just closed out their weekly candles a couple of hours ago, with today’s close being widely viewed as a critical event that would offer significant insight into where the markets will head throughout the rest of the year. XRP, which has seen a relatively good week, was able to close...
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