The cryptocurrency market has been around for more than 10 years. For this relatively short period of time, it has managed to establish a serious community of people who not only work with but trade with digital assets. Naturally, there has been a lot of speculation about whether or not trading Bitcoin is the right...Read More
Justin Sun, Founder of TRON Community has applauded his developers in a series of tweets. He has elaborated on a new privacy feature added to the TRON Network. Though the security layer is not yet developed, the developers have added it to the TRON testnet. Justin terms it as “key to shielded transactions and layer-2...Read More
British Virgin Islands-based cryptocurrency exchange Bitfinex has announced that users can now buy cryptocurrencies using debit and credit cards. Third-party payment solutions provider Mercuryo and OWNR Wallet are aiding the crypto exchange to allow users to purchase using cards. As of now, card purchases allow Bitcoin, tether and ERC20 tokens. However, these features are allowed...Read More
December is almost over, and it’s safe to say that it has been action-packed. Over the past week, Bitcoin’s price went on a rollercoaster, dropping to a low of around $6,500 only to correct to approximately $7,200 where it currently trades, leaving many to question whether the bottom was already in. Looking at the bigger...Read More
After going through another volatility earlier this week, which pushed its value down to as low as $6450 on major exchanges, Bitcoin has made a quick recovery above $7,000 and is currently trading at $7,200, indicating a 1.12% gains on the daily chart. Meanwhile, Bitcoin’s dominance continues to increase and it stands at 68.3%. This...Read More
Ripple, the company behind one of the world’s largest cryptocurrencies by means of total market capitalization, has received $200 million as a Series C funding. The money will go towards improving the XRP Ledger and to push the utility of XRP, in general. Ripple Seals $200M Investment Deal According to an official announcement, Ripple has...Read More
Brian Armstrong, CEO of Coinbase Exchange is constantly making efforts to revolutionalize the crypto world. Latest we hear he has secured a patent to send cryptocurrency through email. Isn’t it exciting! Sending Bitcoin by just a click of email without memorizing the Bitcoin address. The patent filed in March 2019, was rewarded this December. The...Read More
The continuous protests in Hong Kong have taken another turn as of late, as the police have frozen $9 million from a foundation working with the protesters. The money was allegedly being used for money laundering, but the opposition is declining the accusations, and legal authorities are questioning if there is political involvement. Hong Kong...Read More
Coinfloor, the oldest crypto exchange of the United Kingdom, decided to go back to being the “Only Bitcoin” Exchange. The UK’s crypto exchange will delist other cryptos on the exchange from January 2020. At present, Coinfloor supports Ethereum, Ethereum Classic, Bitcoin Cash. However, only Bitcoin will be supported by its 11th Anniversary on this exchange. ...Read More
EOS saw a slight increase of 5.25% over the past 24, and it now trades at $2.42. The cryptocurrency is trading sideways against BTC within a 6-month old symmetrical triangle. EOS has been climbing the rankings as it reaches the 7th position with a $2.28 billion market cap. Key Support & Resistance Levels EOS/USD Support:...Read More
Tron saw a sharp 25% price fall over the past month, causing it to drop into the $0.0129 level. The cryptocurrency is struggling against BTC after falling beneath a rising trend line in early December. Tron could rebound higher from here as the Stochastic RSI lines up for a bullish crossover signal. Key Support &...Read More
The cryptocurrency market went through a turbulent week, as the price of all major digital assets went on a rollercoaster. One thing, however, is making an impression and it’s the fact that Bitcoin is once again claiming the majority of the market share as its dominance spikes up notably. Bitcoin Dominance At 68.3% BTC dominance...Read More
The saga with one of the largest alleged scam projects in the cryptocurrency world continues. PlusToken’s officials were arrested several months ago, but a recent report shows that over $100 million worth of Ethereum was transferred from a company wallet to an unknown one. $100 In ETH Transferred From PlusToken The popular cryptocurrency monitoring resource,...Read More
Bitcoin was a down-trend road for the past two weeks, and this is no secret. Yesterday the lowest price since May 2019 was reached once again – roughly around $6500. Once it was reached, it completed a 10-days decline of $1100 or 15%. That was the right place to ask – “Is it a time...Read More
India’s largest cryptocurrency exchange WazirX is constantly improving and upgrading its services. The team led by Nischal Shetty and Siddharth are working diligently to enhance the user experience. As we write, there comes a new update to their peer-to-peer payment. WazirX Cofounder Siddharth got on to Twitter to elaborate on the latest upgrade. As per...Read More
The US subsidiary of the Binance exchange has launched its own iOS apps and are asking the customers to beta test the apps. The Binance.US team took to Twitter to announce the launch of these apps. The US customers are asked to fill a questionnaire and the downloadable links will be sent to them personally....Read More
XRP dropped by a precipitous 18% this week, causing it to drop beneath $0.20 to reach $0.1830. Against BTC, the coin finally broke beneath the 3000 SAT support after weeks of struggling to hold the area. This latest price drop has caused XRP to create fresh multi-year lows not seen since December 2017. Key Support...Read More
Bitcoin and most altcoins have marked a few consecutive days of negative price action. In a recent poll regarding Bitcoins’s potential bottom, over 70% of voters said that it would be below $6,000. Additionally, the Fear and Greed Index is dropping daily, further confirming the negative sentiment among the community. Where Will Bitcoin Bottom? One...Read More
With the Genesis hard fork on the Bitcoin Satoshi’s Vision (BSV) network scheduled to take place on February 4, 2020, California-based cryptocurrency management company, BitGo has announced that its BSV wallets will not be able to receive BSV transactions after the update due to compatibility issues. What Changes Will Bitcoin SV’s Genesis Bring? The Genesis...Read More
The popular U.S.-based cryptocurrency exchange, Kraken, has been reportedly served with a lawsuit against it from a former employee. The case is brought by a whistleblower accusing the company of harassment, discrimination, wrongful termination, and even lack of paying rent. Kraken Sued By A Former Employee Kraken’s former employee, Nathan Runyon, has filed a lawsuit...Read More
So far, the month of December 2019 reminds us of the cruel month of December 2018. Last year it was the capitulation candle to $3122 that was achieved on December 15. This year’s December isn’t disappointing the bears at all: from the monthly high that was reached on Dec 4 at $7770, down to $6530,...Read More
Cryptocurrency data aggregator CoinGecko’s Trust Score feature is a very effective one. Although, The feature was launched in May 2019, it has helped CoinGecko to combat fake trading volume. Poloniex is 5th most trustworthy exchange as per the List. As it is said, in traditional markets, exchanges with high volume equate to high liquidity. However,...Read More
With the long-awaited Istanbul hard fork now live on the Ethereum blockchain, the network will undergo an emergency hard fork in two weeks to resolve an old issue that seems to be pressurizing the entire ecosystem. The Istanbul update aims to solve issues like rebalancing gas costs, more privacy, and interoperability with cryptocurrencies like Zcash....Read More
One of the largest American financial services corporations, Fidelity, is preparing to enter the European market with a product orientated towards digital assets. The branch called Fidelity Digital Assets is already operating in the U.S. since last year, delivering cryptocurrencies to institutional investors. Fidelity Digital Assets Enters Europe Last year, Fidelity Investments Inc, launched a...Read More
Tezos dropped by almost 8% over the past 5 days, bringing the price down to the $1.64 level. The cryptocurrency remains strong against BTC as it attempts to break the 0.00025 resistance. Tezos remains the strongest performing major altcoin over the past month and it got listed on Bittrex. Key Support & Resistance Levels XTZ/USD...Read More
Ethereum fell by a steep 7% this past day, causing it to break below the previous range-bound condition. ETH slipped beneath a symmetrical triangle against BTC as it tumbled below 0.02 BTC. The cryptocurrency has now lost a steep 30% this past month. Key Support & Resistance Levels ETH/USD Support: $145, $138.80, $133.50 Resistance: $152,...Read More
Cryptocurrency companies and services based in the EU have less than a month to adjust their business operations to comply with a new set of rules. As of January 10th, The Fifth Anti-Money Laundering Directive (5AMLD) will be in effect, requiring KYC, and monitoring all transactions. 5AMLD In Action From January Regulators across the world...Read More
The cryptocurrency market doesn’t appear to be in the best of shape. Most cryptocurrencies are losing large chunks of value in the last 24 hours, and the total market capitalization has dropped with $6 billion in a few days to the current level of $187 B. The second-largest cryptocurrency, Ethereum, is among the worst-performing altcoins....Read More
The crypto liquidating firm Sibex has partnered with New York-based cryptocurrency company Paxos to allow gold trading on the blockchain. The goal of this partnership is to improve peer-to-peer (P2P) over the counter (OTC) trading for physical gold. Paxos offers PAX Gold, a digital asset-backed by digital gold. Daniel Haudenschild, CEO of SIBEX, commented: “As...Read More
After two weeks of consolidation steadily above the $7000, Bitcoin broke below. If you were following the recent price analysis posts here, you would not be surprised. Bitcoin was showing weakness, not being able to overcome the mid-term descending trend-line (shown both on the following 4-hour and 1-day charts). Aside from this, the long positions...Read More
