American television personality and host of ‘Mad Money’ on CNBC, Jim Cramer, has spoken positively about the leading cryptocurrency Bitcoin. In a recent tweet published on 24 November, Cramer, a former hedge fund manager, called Bitcoin “a great alternative” to gold. Cramer who is also the co founder of ‘The Street’ goes on to state...Read More
Cryptocurrency exchange Binance has reportedly asked some of its users in the US to transfer their holdings out of the exchange, within 14 days, and that if they did not comply, their account would be locked. Reports state the exchange has notified these users in the US via an email that read: Dear user, as...Read More
Speaking on the ‘The Pomp Podcast’ with host Anthony Pompliano, macro investor Dan Tapiero believed that roughly $15 trillion in wealth could flow into Bitcoin and gold over the next ten years. The co-founder of digital asset equity fund 10T Holdings, said that financial institutions could invest up to 10% of their portfolios in gold...Read More
Bitcoin touched $19,000 and its surge coincided with a session of losses for many top 50 cryptocurrencies, reinforcing the notion that capital chases a Bitcoin surge and flows out of the altcoin market. Source: CoinStats Polkadot and Dogecoin saw a sizable pullback on the most recent trading session, although their uptrend was unbroken. Monero saw...Read More
Sometimes large-cap altcoins move on the charts like they are in sync, and that has been what was happening over the past few days. Ethereum surged from $500 to $600 and so did the majority of the altcoin market. Cardano and VeChain were in a pretty similar scenario. Both coins saw registered gains of nearly...Read More
Lithuania’s tax authority, the State Tax Inspectorate or STI, reportedly sold confiscated cryptocurrency worth 6.4 million euro- worth about $7.6 million- and later transferred the funds to the state budget. This would be the first time that the Lithuanian government body has sold seized cryptocurrency for fiat. Reports state that the seized crypto assets consisted...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Polkadot’s short-term market and its impact on the price The eighth-largest coin, as per the CoinMarketCap listing, Polkadot [DOT] has been one of the major altcoins in the market. The project has noted great interest from the crypto users and as...Read More
Ripple Partner, TransferGo has managed to carve a niche for its services in the United Kingdom and other countries. The company provided money transfer services including remittances and has secured £4 million from Silicon Valley Bank UK Branch [SVB]. As per reports, the funding will help in the development and expansion of the company’s real-time...Read More
Bitcoin might be taking most of the attention but Ethereum is not being a pushover at the moment. A recent surge over $600 is re-vitalizing its market as well, and now external developments might be pushing Ether to new heights in 2020. In this article, we’ve analyzed Ethereum’s current market structure, alongside the key factors...Read More
Bitcoin was trading at $19,300 and Bitcoin Dominance climbed from the day’s low of 61.1% to 63.36%. This happened along with a pullback for many altcoins, and Ethereum also dropped slightly from $620. Bitcoin SV and Basic Attention Token were beginning to see a drop in price, while Cosmos had already exhibited a bearish divergence...Read More
XRP has found its major use in the remittance market through Ripple’s On-demand liquidity [ODL] service. The service has been able to boost financial access between countries with an underbanked population and among those was Latin America too. Bitso has been a prominent cryptocurrency exchange in Mexico and its partnership with Ripple has managed to...Read More
Cryptocurrency exchange OKEx has been in the spotlight ever since it announced a temporary suspension of withdrawals on 16 October. Although the exchange continued to ensure the community that the funds were safe, the news, nevertheless, had left many traders frustrated. However, now, OKEx revealed a reward program for users who continued to trade on...Read More
The altcoin market continued to rally as Bitcoin Dominance fell further to 61.42% of the market share. Chainlink ascended past $15 and was likely to see further gains in the coming days. Dash had strong bullish momentum as it breached the psychological level at $100, while Compound registered gains in recent hours that were at...Read More
Hong Kong-based digital assets exchange and app, Crypto.com has today announced that the cryptocurrency platform will receive in-principle approvals for a Financial Institution License, and a Class 3 Virtual Financial Assets (VFA) License from the Malta Financial Services Authority. A Class 3 VFA License authorizes exchanges to provide “execution of orders on behalf of other...Read More
The popular decentralized cryptocurrency exchange (DEX), IDEX, has announced a multi-chain solution that is intended to expand its entire infrastructure to additional blockchains, namely, Polkadot and Binance Smart Chain. IDEX Expands to Binance Smart Chain and Polkadot In a press release shared with CryptoPotato, IDEX has revealed its multi-chain solution. Called Multiverse, it’s intended to...Read More
After shaking off the slow weekend, Bitcoin’s price is back above $18600. Bitcoin traded above the $18500 level for nearly 3 days before the weekend and then dropped to $18200, even lower on some spot exchanges. However, according to Entrepreneur Qiao Wang, Weekends exist for shaking off weak hands before institutions turn their algos back...Read More
South Korea’s largest cryptocurrency exchange Bithumb announced today that it is shutting down its offline offices as Korea struggles with a renewed coronavirus outbreak. Bithumb Suspending Offline Support Since the start of November, the country has been recording increased daily cases of COVID-19, with the number tripling in the last nine days. This has raised...Read More
It would seem that there’s no stopping Bitcoin right now. A few days after the world’s largest cryptocurrency breached the much-anticipated $18,000-mark, BTC has crossed yet another milestone – $19,000. The latest development on Bitcoin’s price charts came on the back of a 6% surge in a matter of 3 hours with its current trading...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in XRP’s short-term market and its impact on the price The XRP market has been grabbing all the attention in the market after being pronounced dead on multiple occasions. The cryptocurrency has reclaimed its third spot on the CoinMarketCap list, as its...Read More
The much-anticipated upgrade of Ethereum from version 1 to version 2.0 will finally happen on December 1. This confirmation comes after the deposit contract fulfilled its ETH staking objective. ETH prices responded to the development by blasting past the $600 level. Ethereum 2.0 Deposit Contract Fulfils Staking Objective The Ethereum 2.0 deposit contract has met...Read More
The altcoin markets saw remarkable gains made in a quick span of time, and more green was likely to be seen. Bitcoin Cash and Ethereum Classic surged past strong levels of historic resistance, while Aave could be set for a period of consolidation. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView The RSI was in overbought...Read More
Ethereum’s Ether has now breached the $600 range across some major crypto-exchanges today. Whilst Ether dipped by 1.0% in the last hour, ETH prices hiked by over 11.6%, in a 24 hour period at the time of writing. Overall, Ethereum was up by 31.7% in the weekly timeframe. Source: ETH/USD, TradingView In recent days, ETH...Read More
