May 16, 2020

P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise

During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela, Argentina, Chile, Brazil, and Mexico have seen significant bitcoin trade volumes....
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Monero Will Soon be Removed From Bithumb

Bithumb is set to become the latest Asian crypto exchange to officially remove Monero from its platform. Not due to its privacy aspects, but rather because XMR is used to buy and sell illegal pornographic material. It has been coming for some time now, but Bithumb has finalized its decision on Monero. Bithumb Gets rid...
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Chainlink Price Analysis: LINK Charges Towards $4 But Needs To Break This Major Resistance

The price of LINK is beginning to rise steadily following a 24-hour period of buying pressure in which the coin gained about 3% within the last two days. The cryptocurrency began to stage a bull market when it first touched support at the $3.44 early on into the week. Leaping off the support at $3.44,...
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Dear J.K. Rowling, Bitcoin Is Just Like Harry Potter

Friday was a big day for Bitcoin Twitter. Harry Potter author J.K. Rowling asked Twitter to explain the cryptocurrency to her. All the big whales on Bitcoin Twitter jumped into the thread to offer various explanations and summaries to the legendary fantasy writer. J.K. Rowling asks Twitter to explain Bitcoin. | Source: Twitter Elon Musk...
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Tezos [XTZ] Price Analysis: XTZ/USD Steams Up For A Fresh Run Towards $3

Tezos remains among the top 10 cryptocurrencies by having $1.82 billion market capitalization and $113.99 million 24 hr exchanged volumes. It is the tenth rated coin according to popular coin rating platform, CoinMarketCap (CMC).  Tezos shows a great correlation to top cryptocurrency, Bitcoin, and seems to be widely influenced by BTC’s price fluctuations. At the...
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Bitcoin Price Analysis: Following Friday’s Plunge, What Level BTC Must Maintain To Stay Bullish?

Over the past day or so, Bitcoin suffered from a massive price correction. After reaching the $10K zone for the second time in 10 days, Friday’s devastating candle saw a huge drop of over $800 to $9112, which is the current low on Bitstamp. If you had read our previous price analysis from Thursday, you...
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More BTC is Being Moved off Exchanges Since the Halving

The total fallout of the recent Bitcoin block reward halving has yet to be determined. One thing is apparent: more funds has been withdrawn from exchanges in recent days, further confirming that people are primarily intent on holding.  There is always an ample supply of Bitcoin on exchanges and trading platforms. Moving More BTC off...
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Bitcoin (BTC) $ 63,092.90 2.01%
Ethereum (ETH) $ 3,125.61 0.47%
Tether (USDT) $ 0.999686 0.07%
BNB (BNB) $ 595.11 2.14%
Solana (SOL) $ 136.58 4.83%
USDC (USDC) $ 1.00 0.04%
Lido Staked Ether (STETH) $ 3,121.78 0.48%
XRP (XRP) $ 0.516763 2.46%
Dogecoin (DOGE) $ 0.145616 3.13%
Toncoin (TON) $ 5.24 2.49%