July 17, 2020

Ethereum long-term Price Analysis: 17 July

Disclaimer: The following price prediction analyses the emerging price trend in the market and its impact.  Ethereum’s price was able to breach past the resistance at $226 and reach $249, however, with the resistance so close at $250, the coin retracted. The second-largest digital currency has been bouncing around $227 and $250 for the past...
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Unlike Ethereum, ETH 2.0 will be highly dependent on price volatility

A lot has been said about Ethereum 2.0 over the past few months, and with the growing anticipation, its functionality and economics have been under scrutiny but a concrete evaluation hasn’t been conducted yet, until now. After receiving significant funding from MolockDAO, Consensys’s Tanner Hoban and Tom Borgers have combined their effort to review the...
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Bitcoin Cash long-term Price Analysis: 17 July

Disclaimer: The following price prediction foresees the stability of Bitcoin Cash at a lower range for the next few days.  5th ranked Bitcoin Cash registered a minor incline of 0.39 percent in over the last 24-hours as the token barely maintained its position above its long-term support at $220. At the time of writing, the...
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Ethereum as a ‘digital bond’ – a far-fetched objective?

With Ethereum’s imminent move to Ethereum 2.0, the process of staking will be introduced by the blockchain network, and the $26 billion worth of Ethereum will all be convertible into yield-bearing assets. Now, Stefan Coolican, President of Ether Capital recently explained that the eventual shift to staking would potentially transform Ethereum into a digital bond,...
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Introduction to Building on DeFi with Ethereum and USDC — Part 1

By Pete Kim At Coinbase, our mission is to build an open financial system. We strongly believe that increasing economic freedom will make the world a better place. Decentralized Finance, or DeFi for short — an open, borderless, and programmable version of finance — is an inseparable part of that vision. Smart Contracts DeFi is...
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BAT, Tezos, XRP Price Analysis: 17 July

At the time of writing, to a certain extent, normal order seems to have been restored in the cryptocurrency market. On the heels of Bitcoin stagnating on the charts, many of the market’s altcoins registered losses of their own. At press time Bitcoin was being traded at $9155 with a 24-hour trading volume of $4.5...
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Bitcoin Continues The Price Strike, As Alt-Season 2020 Exploding: The Crypto Weekly Market Update

During the past seven days, Bitcoin failed to surprise us with anything in terms of price action. It appears that the cryptocurrency continues with its somewhat dormant state as it remained stagnant and rangebound between $9,000 and $9,200. Yesterday, BTC’s price dropped from slightly above $9,200 to around $9,040, sparking worries that things might take...
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Bitcoin SV long-term Price Analysis: 17 July

Disclaimer: The following price prediction foresees a declining period for the next few days, with the asset possibly breaking out by the end of July. Bitcoin SV registered one of the largest daily surges among its crypto counterparts on 6th July with a growth of 26 percent. The asset continued to maintain its position in...
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How blockchain technology seems complicated but does not have to be

The main challenger to the centralized financial world, blockchain technology, emerged approximately a decade ago. Blockchain is actually the ledger for the most famous and successful cryptocurrency – Bitcoin. You may think that buying Bitcoin requires deep knowledge about Blockchain and related issues, however, you can buy and sell cryptocurrencies on such platforms as eToro...
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Bitcoin gets shorter and shorter by the day

For most people, Bitcoin is a short bet. Beyond those who look to the cryptocurrency as a means to evade state-controlled finance, Bitcoin is quick-fix or a quick-hit investment, traded on the short-term, owing to its massive volatility and leverage offered. This reality is playing out as we speak. Since the beginning of May, Bitcoin...
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Credits Secures Competitive Power Through a Blockchain Patent Package

[Featured Content] Credits have published patents for its innovative technology. It’s expected that its capacity will be expanded promptly, enabling it to deliver highly operational performance and increased reliability. Credits’ Core Infrastructure Designed entirely from scratch, the technology behind Credits allows several industries to utilize immutable blockchain-based technologies, to issue tokens, launch decentralized applications (DApps),...
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PrimeXBT Safe Haven Comparison: Does Gold or Bitcoin Deliver Better Performance?

[Featured Content] Take a glance at Bitcoin price charts in comparison to gold, and the two asset’s price action looks nothing at all alike. How then, did the two assets end up with nearly the same exact performance after two full years of trading? And what does the vastly different price action say about each...
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India open to crypto as an asset class, not medium of exchange

The Indian cryptocurrency industry wanted to begin a conversation with regulatory bodies to share their understanding of the space and provide counsel in framing the guidelines for it. In a conversation today Subhash Chandra Garg, the Chairman of the Indian Inter-Ministerial Committee [IMC] noted that crypto can be regulated as a commodity and not as...
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Decred, Monero, Litecoin Price Analysis: 17 July

As the world’s largest cryptocurrency, Bitcoin is bound to have an overwhelming impact on the price fortunes of the market’s altcoins. This was the case at the time of writing as well, with the performances of alts such as Litecoin and Decred bucking speculations that the market’s cryptos are decoupling from Bitcoin. Monero’s price movements,...
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Crypto Price Analysis & Overview July 17: Bitcoin, Ethereum, Ripple, Chainlink, and Tezos

Bitcoin Bitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern. Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the...
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XRP Price Analysis for June 26th – XRP May Cost 10000 USD

By Dmitriy Gurkovskiy, author at RoboForex Blog An unexpected forecast on the XRP was made by a legendary blackjack expert and billionaire Stephen Wynn. He states that the XRP may reach 10000 USD per coin if in the future, it will be widely used in retail sales and transborder transactions. In an interview to John Navin...
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FATF’s Travel Rule – At what cost?

With respect to regulatory oversight, the cryptocurrency market has progressed quite a lot over the past few years. The work of the Financial Action Task Force [FATF] is a notable example, with the FATF coming up with the Travel Rule over a year ago. It recently concluded its third meeting to review the progress made...
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Post Twitter Hack: The Advice of McAfee To Jack Dorsey

Wednesday, July 15th, 2020, will forever be remembered as the day Twiter became a puppet in the hands of a mischievous hacker. Twitter was hacked. And the accounts of some of the most prominent people in crypto and the world were compromised and used to steal Bitcoin in giveaway scams. Experts Share Their Opinions Although...
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Bitcoin Price Analysis: Bulls Battle For $9000, Bloody Weekend Incoming?

Bitcoin is looking a bit worse for wear right now. Bearish traders have finally succeeded in overcoming the long-standing up-trending support (yellow line) that was first established on May 11, and we now have three red candles in a row on the daily BTC/USD chart for the first time since late June. During today’s trading...
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Bitcoin, Ethereum Classic, Dogecoin Price Analysis: 17 July

Despite many in the community speculating that the altseason may finally be here and Bitcoin may soon lose its starring role, most of the crypto-market continues to be dictated by the price movement of the world’s largest cryptocurrency. The fortunes of altcoins such as Ethereum Classic and Dogecoin are a case in point. Bitcoin [BTC]...
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Almost 80% of Ethereum (ETH) Supply is Primed For Staking

The highly anticipated upgrade from ETH 1.0 to ETH 2.0 has been in the pipeline for a couple of years now. The initial phase, Beacon Chain, has been running full nodes on testnet since May, and staking rewards are being paid out to validators testing the new platform. The mainnet launch is unlikely to happen...
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Cameron Winklevoss: The Fed Hacks The US Dollar

While the perpetrators of the infamous Twitter hack from a few days ago remain unknown, popular cryptocurrency proponent Cameron Winklevoss believes that “we do know who continually hacks the US dollar – the Fed.” The Fed Hacks The USD? During the past few days, the world’s attention is focused on the bold Twitter hack, which...
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Binance Coin short-term Price Analysis: 17 July

Binance Coin, the token of cryptocurrency exchange Binance is faltering in its price-pushes with every passing day. Currently occupying 10th spot on CoinMarketCap’s list, behind Chainlink and Litecoin, BNB amasses a market capitalization of $2.68 billion at press time. But with Crypto.com Coin just behind at $2.57 market cap and the token losing value, an...
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Bitcoin Price Finally Shows Signs of Life Losing $100: The Friday Update

With a bit of delay following the Twitter hack, Bitcoin finally sees a slight movement downwards to $9,100. Interestingly, this time the three major US stock market indexes decrease in value with a similar percentage. The situation appears much more favorable in the low-cap altcoin market, as massive gainers include Aurora, Ampleforth, and Algorand. Bitcoin...
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Bitcoin (BTC) $ 57,605.43 4.46%
Ethereum (ETH) $ 2,940.75 2.34%
Tether (USDT) $ 0.998973 0.11%
BNB (BNB) $ 553.68 3.54%
Solana (SOL) $ 130.48 3.00%
USDC (USDC) $ 0.999594 0.10%
XRP (XRP) $ 0.518163 3.50%
Lido Staked Ether (STETH) $ 2,937.22 2.31%
Dogecoin (DOGE) $ 0.126755 3.52%
Toncoin (TON) $ 4.76 7.29%