XRP has surprisingly been one of the best performing major altcoins throughout the past few days, seeing parabolic gains as bulls take full control of its price action. Its rally shows few signs of slowing down either, with bulls setting their sights on the cryptocurrency seeing even further upside as it plows past multiple key
Month: November 2020
Bitcoin price broke above its 2019 high, and after that, took off another $5,000. The reason why the level was so critical to confirming a reversal back into a bull market, was due to the resistance residing at the golden ratio – based on the Fibonacci sequence. Today, to celebrate both Fibonacci Day and Bitcoin’s
While digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern,
XRP has been one of the best-performing cryptocurrencies over the past day. After lying dormant for much of the past few months, the cryptocurrency has gained over 50% over the past few days, rallying from the $0.34 range to $0.51 as of this article’s writing. The coin right now, there are many that think it
In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness according to derivatives markets data. BTC/USD and ETH/USD at Bitstamp. Source: Digital Assets Data Ether is entering a parabolic rally as its
PRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growing cryptocurrency derivatives exchange headquartered in Singapore, announced on November 23 that it has officially launched a market maker program. As a latecomer to the industry, MCS claimed that it has prepared unprecedented benefits, in comparison with other exchanges, for its market maker program. As
Bitcoin’s price has been caught within a bout of range-bound trading throughout the past few days, with the support at $18,000 and resistance at $19,000, leading to the formation of a new and intense trading range. Its trend of trading sideways has greatly favored
In the past month, the price of XRP rallied 91% as the digital asset at last found some spark and is now playing catch up with Bitcoin (BTC) and Ether (ETH). The likely catalysts for the XRP rally are the rise in unique addresses, buybacks from Ripple, and the possibility of a new product realease. XRP/USD
Until recently, the use of blockchain in elections was perceived as nothing more than an experiment. However, during the recent United States presidential election, some tried to turn the public’s perception of the possibilities of blockchain technology. For example, the Associated Press, one of the largest U.S. media outlets, published the election results on the
The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US SEC Chairman Jay Clayton explained how the U.S.
Bitcoin price is nearly trading at its former all-time high, and at a price point that feels unreachable for many to own a full altcoin season ever. Is this incredible burst of wealth generation about to strike for a second time? Ethereum, XRP, And Litecoin: Major Altcoins Explode As BTC Dominance And The Dollar Fall
XRP Price Experienced Parabolic Explosion With Further Upside Expected – E-Crypto News Home Altcoin News XRP Price Experienced Parabolic Explosion With Further Upside Expected
Bitcoin (BTC) has been leading the current crypto rally for the past few weeks and this has boosted its dominance from 56% on Sep. 3 to 67% on Nov. 18. However, as Bitcoin nears its all-time high, it seems to be losing momentum as the action shifts to the altcoins. This has pulled Bitcoin’s dominance
Ethereum has been struggling to break above $600 throughout the day, with the selling pressure proving significant. Each break above this level has caused it to see inflows of selling pressure that have slowed its growth and caused it to see slight rejections at this level. It is important to note that bulls are still
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► Cryptocurrencies! I’m sure you’ve heard of it. The place where you can make 10,000% gains, and lose it all the next day. Crypto has been on a huge tear ever since the crash of the stock market back in March. It’s definitely a unique market, that a good amount of money can be made
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Today I am making the third video in the bitcoin for beginners series where I will be talking about what bitcoin mining is and how you can start mining bitcoins. Mining in cryptocurrency can be very confusing since many people seem to think that all you have to do is turn on your computer and
As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement new restrictions. The new rule is likely
Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers from buying or selling their crypto assets, and are generally viewed unfavorably by traders. Between March and November 2020, the
Band and BNC bring globally weighted average spot prices for 1500+ digital assets to decentralized oracles BANGKOK/AUCKLAND, Nov. 23, 2020 — (via Blockchain Wire) Brave New Coin (https://bravenewcoin.com/), a leading data analytics and research company backed by Techemy Ltd, has joined forces with Sequoia-backed cross-chain data oracle platform Band Protocol to bring decentralized price reference data to the
Ethereum has exploded with the same momentum that Bitcoin did earlier in November, now taking the coin to put money into next to BTC. Related Reading | Analyst: Ethereum And Litecoin Forecast One Last Crash Against Bitcoin And investors are doing just that. Ethereum and other major altcoins are posting larger gains than Bitcoin itself.
Bitcoin (BTC) has more than doubled since its latest block subsidy halving and is now outpacing its last bull run. Data compiled by on-chain monitoring resource ChartsBTC on Nov. 23 shows that versus its two previous halvings, Bitcoin in 2020 is right on track to deliver major price gains. Bitcoin price up 2.2X since May
E-Crypto News Talks To Min Kim Of ICON And Ted Hwang Of Danal On Blockchain Payments – E-Crypto News Home Latest News E-Crypto News Talks to Min Kim Of ICON and Ted Hwang of Danal on Blockchain Payments
A major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin Demand for
Bitcoin rose Monday, putting itself back on track to retest its record high after promising results on a coronavirus vaccine reinforced hopes of an economic rebound next year. The spot BTC/USD exchange rate climbed 0.95 percent after the benchmark cryptocurrency briefly snapped its six-week winning streak on Sunday. The pair touched an intraday high of
Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration with its long-running partners like fintech firm Avaloq and crypto custody provider Metaco. Gazprombank Switzerland
Bitcoin’s amazing run of form these past couple of weeks is forcing the crypto skeptics to think again. Today sees a sell-off to $17.9k at the time of writing. However, with BTC rallying 150% since the start of 2020, many analysts believing it’s just a matter of time before Bitcoin cracks its previous all-time high. Source:
Users of leading cryptocurrency spot and derivatives exchange, OKEx can now rejoice as the platform has announced the resumption of cryptocurrency withdrawals by Nov 27. The latest announcement means that users will be able to withdraw their crypto assets after the platform temporarily suspended the service on Oct 16. The suspension on withdrawal was set
The cost to purchase one Ethereum (ETH) token surged to its two-year high in the days leading up to its transformation into a proof-of-stake asset. The ETH/USD exchange rate [almost] hit $600 on Monday following a 6.21 percent upside move, its highest level since May 2018. Traders apprehensively increased their bullish bets on the pair
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