Why Traders Expect XRP to See an Explosive Rally Despite Stalling Uptrend

XRP has been seeing mixed price action in recent weeks. The cryptocurrency was able to post some massive gains just a couple of weeks ago, but its momentum has since stalled after it faced a firm rejection at $0. дальше »

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Yam Finance Proposes Migration Plan After Rebase Failure Fiasco

Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol. Despite the initial hype that greeted its launch as the latest decentralized finance (DeFi) sensation, the project soon ran into trouble. дальше »

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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […] дальше »

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USPS Patents A Blockchain-Based Mail-In Voting System Despite President Trump’s Critics

The United States Postal Service (USPS) might have a blockchain-based plan for the U.S mail-in voting suggestion. According to a patent made public by the U.S Patent and Trademark Office on August 13, the USPS had filled an intellectual property application for a blockchain ecosystem dubbed ‘Secure Voting System’ back in February. Interestingly, this development […] дальше »

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Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March

The merculet token gained 160% from $0. 00068 to $0. 0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets. Bitcoin. com. Despite the price surge, merculet had trading volumes of just $112,000. дальше »

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Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties 

Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13, 2020. дальше »

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Institutional Investors Gobbling Up More Bitcoin Than Being Mined This Month

Even since Bitcoin entered August, the price has taken to test the $12,000 level after successfully breaching the key levels, $10,000 and $10,500 last month. But so far, the digital asset hasn’t been able to sustain above $12k despite breaking above it twice, resulting in a crash afterward. We are now back to trading around […] дальше »

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Ripple Moves from ‘Writing Cheques to Writing Code’ While Still Finding Use Cases for its Tech

Despite soaring 50% at the end of July, the price of XRP continues to trade under $0.30 and down 93% from its all-time high. This has been despite Ripple unveiling that it is buying XRP in the secondary market at market prices and may further continue to do so in the future, trying to quell […] дальше »

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High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’

Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. дальше »

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Why Analysts Expect XRP Drop as the Cryptocurrency Slides Lower

XRP is preparing to plunge lower as the cryptocurrency forms a bearish price pattern. The cryptocurrency is actually down 1% in the past 24 hours, despite Bitcoin rallying a handful of percent. XRP’s underperformance of the leading digital asset may add pressure to its move to the downside. дальше »

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CoinList Exchange Struggles, but NEAR Disaster Averted

Despite selling out in less than three hours, CoinList’s second attempt at hosting NEAR’s final tokensale saw the platform struggle as investors rushed to participate. дальше »

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XRP‘s “False Move” Could Lead it to $0.25 Despite Macro Strength

XRP has been struggling to maintain the upwards momentum that it incurred just over a week ago. The cryptocurrency met insurmountable resistance within the lower-$0. 30 region that slowed its ascent, subsequently causing it to break back into the upper-$0. дальше »

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Raoul Pal On Why Bitcoin Is Set To Be The Best Performing Major Asset In The World Over The Next 24 Months

Macro investor Raoul Pal said despite the recent price rally, Bitcoin still has a long way to go and that could eventually put it at the million-dollar mark in the next 5 years. In a recent tweet, Pal examined Bitcoin’s long-term chart, which has recently broken out of consolidation. дальше »

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Bitcoin Could Be On The Cusp Of A Roaring Rally, According To Goldbug Dan Tapiero

Dan Tapiero, the co-founder of Gold Bullion International and founder of DTAP Capital has predicted that bitcoin will see up to 10X returns in the coming years. Tapiero’s optimism comes despite the BTC price recently rejecting the $12K level for the second time in a span of two weeks. Why A Significant Price Surge May […] дальше »

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Ethereum Registers Extreme Price Hikes

Coinspeaker Ethereum Registers Extreme Price HikesOn August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.Ethereum Registers Extreme Price Hikes дальше »

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Tencent Reports Incredible Q2 Earnings Despite Trump’s Ban on Its WeChat App

Coinspeaker Tencent Reports Incredible Q2 Earnings Despite Trump’s Ban on Its WeChat AppTencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat. дальше »

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Venezuela Mulls Tax Payments in Its Controversial Petro Cryptocurrency

Officials in Venezuela are mulling the payment of citizen taxes using the Petro cryptocurrency despite criticisms of it not being backed by a public blockchain, as per local reports Tuesday. Taxes Paid in Crypto Coming to Venezuela The Bolivarian Council of Bolivarian Mayors and Mayors signed this Sunday the National Tax Harmonization Agreement in 305Read MoreRead More. дальше »

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Venezuela May Soon Be Collecting Taxes in Crypto

Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it. дальше »

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No Audits, No Problem: DeFi Stablecoin YAM Attracts Over $100 Million

The DeFi craze continues despite a slight dip across the cryptocurrency market. The YAM algorithmic stablecoin is the latest fad, quickly attracting millions of dollars from liquidity miners. Stablecoin Worth... дальше »

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A Crypto Trader Thinks Ethereum Could Plunge Towards $300 as Momentum Slows

After Bitcoin and Ethereum attempted to surge past $12,000 and $400, respectively, the momentum has tapered off. Over the past day, the leading cryptocurrencies have plunged lower despite a weakening U. дальше »

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History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »

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The Crypto Market Is Looking Like Q4 2016 All Over Again As “Early Main Bull Phase” Starts: Analyst

Despite an unprecedented global pandemic that has wreaked havoc on major economies of the world, the cryptocurrency markets have been heating up in recent months. According to widely-followed analyst Willy Woo, bitcoin is currently mirroring its performance in the fourth quarter of 2016 just before it raced to its current all-time high of $20,000. Woo […] дальше »

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Despite $500 “Bart” Pattern, Analysts Are Still Bullish on Bitcoin

Bitcoin surged past $12,000 on Monday morning, rallying as certain altcoins plunged. The move brought the cryptocurrency as high as $12,100. Just as fast as BTC rallied, though, it dropped. Just hours after $12,000 was tapped, Bitcoin plunged around $500 in the span of an hour, forming a “Bart” formation. дальше »

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China registers over 10,000 blockchain firms in 2020

Despite the ongoing pandemic, blockchain growth in China is booming and may outpace 2018...

The post China registers over 10,000 blockchain firms in 2020 appeared first on Coin Journal.

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Ethereum Transaction Fees Are Reaching Highs Not Seen Since 2015

Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi. дальше »

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Tron (TRX) Forms Textbook Bear Signal Despite Rally in the Altcoin Market

Tron (TRX) has been a sleeper cryptocurrency over the past few weeks. While it has rallied like many other digital assets like Bitcoin and Ethereum, TRX has not been focused on by many analysts. According to the Tom Demark Sequential, the popular altcoin is on the verge of reversing to the downside after a multi-day rally. дальше »

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Bitcoin Teases $12K Again With $15K In Play But Major Correction Looks Imminent

In the early hours of the day, it seemed that despite a quiet weekend, Bitcoin had staged a breakout. Unfortunately, the technical set up emerged stronger than the fundamental as Bitcoin crashed by nearly $500. дальше »

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Bitcoin’s Hash Rate Remains Flat Despite Major Price Rally

Bitcoin’s hash rate seems to be feeling the consequences of the drama at Bitmain.

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Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges

Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding. дальше »

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Ethereum Classic Prints Bearish On-Chain Signals Despite Bitcoin Breakout

Bitcoin is breaking higher, but the same cannot be said about Ethereum Classic (ETC). The popular altcoin has dropped in the past 24 hours, posting a loss of around 2%. This means the asset is underperforming BTC by 5%. дальше »

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Ethereum 2.0 Isn’t a Panacea for Sharding and Scalability, Who Might Be?

The launch of ETH 2. 0 seems to be one of the hottest stories since the launch of the original Ethereum blockchain. Despite the first-ever smart contract platform being so hotly anticipated, it was not even three years old before its scalability issues started to become evident. дальше »

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Scarily Accurate Analyst Thinks Bitcoin Will Hit $15,000 by September

Bitcoin has stagnated in the mid-$11,000s over the past few days despite a surge in the value of altcoins. As of the time of this article’s writing, the leading cryptocurrency is trading for $11,700. дальше »

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What Hope Do Bears Have If Bitcoin Holds $11,500? Analyst Asks

Despite the parabolic performance in some altcoins, Bitcoin is stagnating around the high-$11,000s. As of the time of this article’s writing, BTC is trading for $11,600. This comes after it was rejected last week at the $12,000 level yet again, marking a loss for bulls. дальше »

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More Than 10,000 New Blockchain Companies Established in China in 2020

LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19.

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Here’s Why a Wall Street Vet Says “Everything” Is an Inferior Trade to Bitcoin

Bitcoin has faltered over the past few days, failing to surmount $12,000 yet again. The asset trades at $11,750 as of the time of this article’s writing. Despite the pause in the uptrend that persisted all of last week, analysts remain bullish from a long-term stance. дальше »

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Ethereum May Be Forming a Textbook Top Despite Bounce From $360 Lows

On Friday, Ethereum plunged lower as the price of gold and stocks dived. The markets were hurt by news that the plan for the next U. S. stimulus bill fell through, though President Trump stepped in with executive orders. дальше »

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Bitcoin Cash long-term Price Analysis: 08 August

Bitcoin Cash's price action over the past week has been promising, despite BCH having encountered a strong resistance level that stopped the coin from surging even further on the charts. While the BCHThe post Bitcoin Cash long-term Price Analysis: 08 August appeared first on AMBCrypto. дальше »

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Zeus Capital asserts Chainlink will “dump” despite LINK rallying to $10

While Bitcoin and Ethereum have stagnated at local highs, Chainlink (LINK) has been pressing higher and higher over recent days. The post Zeus Capital asserts Chainlink will “dump” despite LINK rallying to $10 appeared first on CryptoSlate. дальше »

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Oracle Tokens Continue Rallying Even as Bitcoin Uptrend Pauses

Oracle tokens LINK and BAND continues heading higher despite a bearish correction phase in the rest of the crypto market. The rallies show traders’ growing speculation of the DeFi cryptocurrencies. дальше »

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Despite price stagnation under $400, Ethereum fundamentals are still strong

After a 60 percent rally in the span of two weeks, the price of Ethereum is cooling off. The post Despite price stagnation under $400, Ethereum fundamentals are still strong appeared first on CryptoSlate. дальше »

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Chainlink Screams Sell Despite New Highs

Decentralized oracles token Chainlink stole the crypto spotlight after outperforming most digital assets this quarter. Despite new all-time highs, different on-chain and technical metrics show that LINK is ready to... дальше »

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Chainlink Pushes Past $10 as Analysts Eye a Rally to $12.50

Chainlink has continued seeing incredibly strong price action despite some tempered signs of weakness within the aggregated crypto market. The strong token is now breaching into the double-digit price region for the first time in its history, with this marking a massive rise from its multi-week lows of $7. дальше »

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Adam Back: Some ICOs Funded Useful Research Despite Being Unethical

Adam Back admitted that some ICOs might have funded useful research, but still contends that they are deeply unethical.

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Dash, Tron, Cardano Price Analysis: 07 August

The altcoin market has had a fruitful few months lately. While July was crucial to many of these alts gaining despite Bitcoin's low volatility, the month of August saw BTC come to life again. Bitcoin The post Dash, Tron, Cardano Price Analysis: 07 August appeared first on AMBCrypto. дальше »

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Bitcoin Dollar Cost Averaging From 2017 Market Peak Still Returned 61.8%

Bitcoin price remains strong, not far from hitting $12,000 yet again after the touch and go over the weekend. Interestingly, despite the fact that the leading cryptocurrency is still trading 30% below its all-time high of $20,000, the dollar cost averaging from the peak of the market in December 2017 would have meant a return […] дальше »

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Market Sentiment Turns Extreme Greed; Last Time It Reached This Level Bitcoin Price Pumped 50%

Bitcoin is not far from $12,000. After hitting this level the past weekend only to crash soon after, the digital asset is back to flirting with the level that was last seen in August 2019. However, despite the upward momentum, $12k might not come yet. дальше »

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XRP Could Plunge Towards $0.21, Fears Analyst After Price Rallies 50%

XRP has gained approximately 50% in the past two weeks alone. The asset now trades at $0. 32 as of this article’s writing, reaching highs not seen since earlier this year. Analysts are not convinced that the altcoin continues to press higher despite the price action. дальше »

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Grayscale Investments Applies for Ethereum Trust to Become SEC Reporting Company

Grayscale Investments disclosed that it has filed a Registration Statement on Form 10 with the US Securities and Exchange Commission (SEC). This registration is for the Grayscale Ethereum Trust, the price of which fell Thursday, despite ETH flirting with multi-year highs. дальше »

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Bernie Sanders Tax Bill Will Cost America’s Super Rich Like Musk and Bezos Billions of Dollars

Coinspeaker Bernie Sanders Tax Bill Will Cost America’s Super Rich Like Musk and Bezos Billions of DollarsSanders wrote that despite the economic meltdown caused by the coronavirus pandemic, some tech giant has seen their wealth surge massively. дальше »

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Bitcoin Dominance Slides to 12-Month Low as Crypto Market Cap Tests Resistance

Bitcoin’s dominance has fallen to a 12-month low despite its recent rally, signaling renewed strength in the altcoins markets.

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