Week over week, Ripple tokens (XRP) prices are down 12 percent but surprisingly up two percent in the last 24 hours. In any case-unless of course we see rejection of XRP lower lows, these attempts of XRP higher highs are but technical short coverings. Check out those dismissive level of market participation which advice this […]
Even though Trump and Kim have shaken hands, we are yet to see a slow down in Bitcoin prices which we all know anchors alt coin prices. In real sense, Bitcoin dominance stands at 38 percent and the general crypto cap is up to $309 billion but this is apparently not stopping sellers from eroding […]
Rating agencies may downgrade banks that clear bitcoin futures if these financial products continue to see increasing volumes over the coming months. Financial publication Risk.net reports that each of the three large rating agencies — Standard and Poor’s, Moody’s, and Fitch — have expressed concern over increasing volume in bitcoin futures markets, which are currently […]
BitTorrent Inc. has finally been acquired by Justin Sun, the founder of the Tron cryptocurrency. After a letter of intent went wrong, there were doubts the deal would go through. It all came to light last month when TorrentFreak first reported negotiations between BitTorrent — now renamed to Rainberry — and Justin Sun. At the […]
Wells Fargo has announced that it will begin to block all cryptocurrency purchases on credit cards under the Wells Fargo name. Wells Fargo Imposes Credit Card Restrictions Despite the ban, Wells Fargo has implied that the ban may only be temporary. To clear up the waters regarding this issue, Shelley Miller, a representative from the financial […]
With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP). The new project entitled ICO Hub is an algorithmic ICO rating service that adds identity verification as […]
The EOS mainnet launch has stalled, as fewer than one-third of the tokens required to activate the platform have been staked by their owners. The mainnet technically launched on June 10 — more than a week after Block.one released version 1.0 of the EOSIO software — but the platform cannot be fully activated until 150 […]
Some members of the crypto community were surprised Tuesday when the U.S.-based exchange startup Coinbase announced that it plans to list ETC.
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle.” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern. Until this weekend, the market hadn’t decided whether it was going to break up or break down out of the pattern. Over the weekend, the bitcoin market […]
The price of bitcoin, the world’s largest cryptocurrency by market capitalization, fell to its lowest point since April 1 on Tuesday.