The beginning of the new year will deliver a new hard fork for Ethereum, called Muir Glacier. Just a few weeks after the last one (Istanbul), the new fork should address the issues left from it and is supposed to happen on Wednesday, January 1st, 2020. Muir Glacier To Start 2020 According to the official...Read More
There was some good news since our previous weekend price analysis, as Bitcoin returned to retesting the higher descending angle of the bearish triangle. However, yesterday we saw another fake-out when Bitcoin quickly turned down back under the confluence price area. A new weekend starts today, not a regular one since many traders are still...Read More
The Indonesian subsidiary of the Huobi Global cryptocurrency exchange announced the launch of its fiat-to-crypto trading gateway for Indonesian customers. The Huobi clients can now trade between Indonesian Rupiah (IDR) and Tether (USDT). With this gateway, clients can buy USDT using IDR and trade more than 250 cryptos that the platform supports. Senior director of...Read More
Whenever a year comes to its end, people start reminiscing on the last 365 days, recovering photos and memories, and the same could be expected to happen in the next few days, as this year ends. 2019 though, marks another milestone as the whole decade is coming to a close. While some people might start...Read More
TRON network’s partnership with the technological giant Samsung appears to be expanding. Just two months after announcing on the initial deal to be integrated on the latter’s Blockchain Keystore, Samsung adds support for three new TRON-based dApps for its Galaxy S10 phone. Samsung To Support 3 New TRON dApps According to a recent Korean report, three...Read More
Interest in cryptocurrencies, especially bitcoin, in Latin America is on the rise as popular bitcoin Peer-to-Peer trading platform LocalBitcoins has been recording tremendous surges in its weekly BTC trading volume in Venezuela and Argentina. P2P Bitcoin Volume Spikes Data from CoinDance, a crypto statistics platform, reveals that there was a spike in trading activities on...Read More
It appears that one of Bitcoin’s most popular proponents, Michael Novogratz, has lowered his predictions regarding BTC’s price by 2020. This time, he believes that it would close above $12,000 but doesn’t really give any further thoughts on the matter. Bitcoin Price Above $12,000 By 2020 Michael Novogratz is one of the most vocal proponents...Read More
Ripple, the company behind the third-largest cryptocurrency XRP, will be reportedly expanding its presence in Brazil. Just months after it launched new operations in the country, Ripple is expected to announce new partnerships with other major institutions, such as digital banks. Ripple Expands Brazilian Influence Ripple is planning to expand its presence in Brazil with...Read More
Over the past three days, despite that most of the traders are off on vacation, we could see a nonsense trading around the $7200 BTC mark. The following daily chart tells the short-term story: throughout the month of December, Bitcoin can’t get over the green resistance line – including the latest tryout two days ago...Read More
As per an email to verified customers, the Bitfinex exchange has noted that it is increasing the KYC verification system. The email urges verified customers to produce their additional information including address proof. Moreover, Bitfinex also asks the user to share details on the source and use of funds. The details will be retained securely...Read More
The last week of 2019 didn’t really bring a lot of excitement within the cryptocurrency market. Bitcoin’s price remained trapped within a fairly narrow range between $7,100 and $7,700, while altcoins struggled to claim any new grounds. As a matter of fact, Bitcoin’s dominance stabilized well above 68%, which showed that BTC kept its market...Read More
Bitcoin attempted to regain some of the losses from this month as it increased by a small 1.26% this week. The cryptocurrency remained supported at $7,123 and even spiked higher to meet the December resistance at the $7,886 level. Bitcoin is now trapped within a range between $7,686 and $7,123 and must break this range...Read More
A leading Chinese marketing and management behemoth, ChinaNet, has announced that vibrant and pro-blockchain Mr. Yingguo Guo is now the new Chief Technology Official (CTO) of the company, according to a press release today. ChinaNet Hires Pro-Blockchain Executive ChinaNet is a NASDAQ-listed company (Nasdaq-CNET). According to the company’s website, ChinaNet is “integrated online advertising, precision...Read More
Crypto in India is still yet to be adopted on a full scale. Yet, as well as based on DLT. The platform will ensure super-speed, efficient and easier transactions. NPCI ventured into the distributed ledger technology realm to create a payment system that allows for high-speed, super-secure transactions in India. Vajra Indian blockchain payment system...Read More
Earlier we had reported that the Bahamas has plans to launch its own digital version of Bahamian Dollar. The initiative is termed as Project Sand Dollar. However, a stipulated time-frame was not decided for this project execution. The latest update is that Central Bank has started the project’s pilot phase in Exuma this 27th December...Read More
The Penultimate week of 2019 saw Crypto Community in distress. Google’s Youtube Video streaming media had asked Crypto influencers to remove the educational videos citing Guidelines Violations. The Youtube team had allegedly removed certain videos even after the account holders had promised to remove the videos. This had resulted in the crypto community taking strict...Read More
The Bank of Korea (BOK) is taking another important step towards adopting the trend for central bank digital currencies (CBDCs). The bank will reportedly organize a dedicated task force to build on top of the existing CBDC research and to improve it further. Bank Of Korea’s CBDC Task Force A local report from today shows...Read More
Ripple Executives share their views on Crypto Industry in the last decade in the latest Ripple Drop episode. The team also spoke about their predictions in 2020. The festive holiday episode of Ripple Drop had CEO Brad Garlinghouse, CTO David Schwartz and their VP Breanne Madigan speaking their hearts out about crypto and blockchain in...Read More
The most talked-about news in the cryptocurrency community in the last few days came from the largest video giant, Youtube. Without prior notice, the giant started banning and removing crypto-related videos due to “harmful” content. Still, according to YouTube, it’s not a crypto ban, rather a ‘mistake’, and everything should be restored. Youtube’s Reasoning Behind...Read More
After having a gloomy Christmas, the only relief for traders today is that Bitcoin is still holding support at the $7200 region. After touching $7,700 a few days ago, BTC is currently trading above $7,200. A decline below $7,000 will, in no doubt, be stressful for traders who are already disappointed with the Christmas market...Read More
XRP continues to trade sideways between $0.1815 and $0.20 Against BTC, it is starting to show signs of stabilization at 2600 SAT. The cryptocurrency is showing signs that it could surge if we see a bullish crossover on the Stochastic RSI indicator, against BTC. Key Support & Resistance Levels XRP/USD Support: $0.181, $0.17, $0.167. Resistance:...Read More
State-backed stablecoins appear to be on the rise in the last several months, and Russia is taking the next step into launching its own. The country’s central bank has reportedly started testing digital currencies backed by real assets in a regulatory sandbox. Russia Tests Digital Assets The head of the Central Bank of Russia, Elvira...Read More
Poloniex, the U.S. based digital asset exchange has achieved a new milestone. The exchange is only one in the category of “Only Verified Top 50 Gainers” for the last 30 days of the Coin360 market analysis tool. Poloniex exchange has earned 58.04% in the last month making it only gainer as per the Coin360 market...Read More
A few days after the first complaints from crypto influencers regarding having their YouTube videos removed, it appears that things are starting to escalate. The number of affected content creators keeps rising since then, and the community wonders on what could be the needed solution in this case. Youtube Bans Crypto Channels The largest content-sharing...Read More
The Chief Strategy Officer of CoinShaes, as well as one of the most prominent cryptocurrency proponents, Meltem Demirors, has spoken her thoughts on the upcoming Bitcoin Halving. According to her, it might not have the uplifting effect that a lot of the people seem to expect because the Bitcoin derivatives market is growing, causing more...Read More
From euphoria to depression: The crypto traders thought they are leaving off for Christmas in an optimistic mood; however, Bitcoin had other plans, as of now. Two days ago, following accurately touching the critical resistance level of $7700, which was discussed here many times as the short-term first significant level, the cryptocurrency got poorly rejected....Read More
Ethereum has recently undergone Istanbul Hardfork on Dec 8, 2019. This is just the beginning of a series of hard forks to shift to new PoS. However, in a change of events, Ethereum developers have announced an impromptu hard fork – Muir Glacier. The hard fork is scheduled to occur on Jan 1, 2020, as...Read More
Tezos fell by a steep 10% this week, making it the weakest performing altcoin out of the top 10 projects. Against Bitcoin, the cryptocurrency remains above strong support at 0.0002 BTC. Tezos still has surged by a total of 42% over the past three months as it climbs into the 10th ranked position. Key Support...Read More
The general sentiment among the traditional financial markets is at extremely high levels of greed, according to the Fear and Greed Index. At the same time, the chart suggests mostly fearful feelings among the cryptocurrency market, but could those emotions be an indicator of a trend reversal? Greed Sentiment In The Stock Market The Fear...Read More
Data shows that Bitcoin’s hashrate has just hit a new all-time high of 111 EH/s, which represents a 170.73% increase since January 1, 2019. Bitcoin Hashrate. Source: Blockchain.com Hash rate measures the amount of computing power used by miners to generate new blocks every 10 minutes, keeping the Bitcoin network running at all times, a...Read More
