The Bitcoin community has juggled multiple reports and speculations over the past few weeks, all regarding Grayscale’s BTC accumulation, a development that in the minds of many, represents the rise of institutional investors. However, hypnotized by developments such as these, people tend to forget about the market’s reliance on retail investors just a few months...Read More
Median transaction fees on Ethereum just hit their highest point in almost two years, as the network struggles under heavy congestion. Meanwhile, Ethereum creator Vitalik Buterin confirmed on June 30 that the network would have to make do with current off-chain scaling solutions for the next two years. That’s until the planned scaling capabilities of...Read More
Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours. The price is increasing following a huge daily buying volume. Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today. ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1 Key Support...Read More
Ripple has been one of the most prominent and popular entities in the cryptocurrency and blockchain industry for a while now. However, while it has managed to acquire and pocket numerous banks and exchanges to push its services, its biggest deal has been with Japan’s SBI Holdings. SBI Holdings is the largest known shareholder of...Read More
On the 1D BTC/USD chart, we can see that the leading crypto-asset remains range-bound between the daily $8,600 and $10,000 levels. Rumors earlier in the week regarding PayPal possibly adding support for Bitcoin and other cryptocurrencies on its platform, sparked a small rally but failed to fuel a much-needed breakout above a key resistance level...Read More
Ethereum moved sideways over the past 24 hours as the bulls battle for the $225 level. The cryptocurrency has been falling all week as it drops by 5% after failing to break $250 last week. Against Bitcoin, Ethereum is attempting to reclaim the 0.025 BTC level. Key Support & Resistance Levels ETH/USD:Support: $225, $215, $210.Resistance:...Read More
Disclaimer: The findings of this analysis attempt to foresee Bitcoin Cash’s [BCH] price movements over the next 24-hours. Prominent Bitcoin fork, Bitcoin Cash [BCH], may have managed to form a different chain due to differences, but its correlation with Bitcoin has ensured BCH’s price remains stagnant too. Even though Bitcoin Cash has managed to recover...Read More
The onset of the COVID-19 pandemic turned many financial investors’ interest in the cryptocurrency market, with the global economy appearing to be in peril after world markets fell. Off late, even India has seen its citizens’ interest towards crypto grow, with the Supreme Court of India allowing the use of banks for crypto-businesses, right before...Read More
Lawyers operating in the US capital Washington DC can accept cryptocurrencies as a legal payment method, said the District of Columbia Bar Association (DCB). Consequently, DC has become the fourth US jurisdiction to allow digital assets to be used for attorney payments. Washington DC Lawyers To Accept Crypto According to the ethics opinion published by...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24 hours Since 24 June, XRP’s value has dropped under multiple short-term support levels on the charts, with bearish pressure having taken over the crypto-asset. Here, it should also be noted that of all the top 5 crypto-assets in the ecosystem, XRP continued...Read More
Bitcoin has been seeing a drop in volatility lately, with its price range-bound for a while now. In fact, the extended bear market has also contributed to new entrants emerging less optimistic, and this can be seen clearly when BTC’s maturity charts are observed. Bitcoin’s tussle with $10,000 & accumulation Anything above $10,000, particularly $10,500,...Read More
Bolt Labs announced today that it plans to integrate its off-chain Bitcoin private payments protocol called zkChannels to the Tezos blockchain. The company is working with teams at Nomadic Labs and Metastate to complete the integration via an amendment proposal to be done by 2021. zkChannels To Build On Tezos Originally called BOLT, zkChannels v1...Read More
With every passing week and month, Ripple is moving ahead with its aim to take over the world’s remittance market. Its Global Payments Network, RippleNet, has onboarded many customers from around the world as part of its plans to ease and fasten the payment settlement process. With Ripple’s remittance service, On-Demand Liquidity [ODL], also allowing...Read More
A strategic partnership between the two companies is to begin soon. The internet-based conglomerate SBI Financial Services (a subsidiary of SBI Holdings, “SBI”) has made an agreement with B2C2 to acquire a $30 million minority stake at the firm as a first leap into future cooperation. First Steps In A Strategic Partnership According to a...Read More
Merely weeks after the launch of John McAfee’s privacy token GHOST, the coin is already seeing real-life utilization in Hong Kong Disneyland. The team behind the project also announced several upcoming features, including a “decentralized crowdfunding” platform and the release of the GHOST Cell Phone Service beta. GHOST Usage In Hong Kong The former antivirus...Read More
Disclaimer: The findings of the following analysis are split into two. While the findings of the first half are long-term in nature and can be foreseen to take place over the course of the next week, the other findings can be expected to take shape in the next day or two Cardano’s movement since the...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
Following an increase of 42% during Q2 2020, Bitcoin’s closing price of $9,140 was the third-highest position the asset has seen at the end of a quarter, trailing only to Q2 2019 and Q4 2017. On a yearly scale, BTC is also outperforming the S&P 500, WTI, gold, and the US dollar. Bitcoin Goes Up...Read More
A tepid 24-hour period in the digital asset industry saw little movement among altcoins as the 3rd quarter of 2020 commenced. While the collective market cap of the cryptocurrency industry remained unchanged at $260 billion, Bitcoin continued to hold a dominant share of 64.8 percent in the market. Ethereum Classic [ETC] Source: ETC/USD on TradingView...Read More
The tweet by Bitcoin Block Bot on June 27, 2020, reported a large-scale transaction, involving the movement of $933 million worth of bitcoin. Interestingly, the total transaction fee cost was 0.00005271 BTC, which is just meager $0.48. Whale alert! 🐋 Someone moved 101,857 BTC ($933M) in block 636,503 https://t.co/sy099uLVBV — Bitcoin Block Bot (@BtcBlockBot) June...Read More
After five years of intense research and development, the Cardano ecosystem has achieved a major milestone. Shelley has arrived. Well, at least in code. According to the roadmap shared by IOHK’s Charles Hoskinson in the past, the Shelley era essentially involves critical early steps in Cardano’s journey towards optimizing decentralization. The announcement by IOHK revealed...Read More
