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XLM’s Gain is a Good Start; May not Suffice for Long-Term
7.10.2019
Stellar gains 2.14% to touch 0.0606 USD. The next resistance is likely to come at 0.0610 USD. Stellar has gained 2.14% in the last one day, and the current value hovers around 0.0606 USD. The three price swings of Stellar have given the price movement a range between 0.060926 USD and 0.057364 USD....
Ripple (XRP) Gains Mere 0.35% Overnight
7.10.2019
Ripple gains 0.35% in the last 24 hours. The next resistance may be there at 0.26 USD. The market cap has not been able to show any decent growth. After halting its recovery for two days, it has gained only 0.35% over the last one day. The value has now gone comfortably above 0.25 USD, …
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Bitcoin Reaches Abysmal Low at $7800
7.10.2019
Bitcoin loses 4.6% to touch 7,700 USD over the last 24 hours. With an overall downtrend, it is likely to fall to the support of 7,500 USD and 7,300 USD. Bitcoin gets hit by a roadblock and the value has fallen by 4.6% over the last 24 hours, trading as low as 7,700 USD manifesting …
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Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market
7.10.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read:...
Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features
6.10.2019
In five weeks, the Bitcoin Cash (BCH) network will upgrade once again, adding two new features to the blockchain. The first component added will be Schnorr support for OP_Checkmultisig, which will allow more complex mechanics to multi-signature transactions and all signature checking operations...
Fiat-Backed Stablecoins — Attempt to Take the Best of Both Worlds
6.10.2019
Fiat backed stablecoins are here to stay, but what makes them so stable and desires? Here are a few examples
Understanding the Impact of Cryptocurrency Exchanges on the Market & Modern-Day Economy
6.10.2019
The year 2018 and part of 2019, saw the fall of several ‘revolutionary’ crypto projects which eventually led to the delisting of tokens from the cryptocurrency exchanges. The primary reasons given for this included lack of liquidity, usage issues, as well as lack of regulatory abidance by...
Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
South Korea Is Hoping for Regulatory Clarity as Crypto Laws Toughen
6.10.2019
Are 97% of Korean exchanges really on the verge of closure? Banks have been putting pressure on local players, but recent developments show the situation can finally change
Coinbase Discusses Acqui-Hire With Ripple-Backed Rental Startup
6.10.2019
Cryptocurrency exchange Coinbase is discussing the possibility of hiring the engineering team of Ripple-backed storage and rental startup Omni Rentals
Deployment of Hedera Hashgraph Puts Bitcoin’s Future at Stake?
6.10.2019
The deployment of a public beta of the Hedera Hashgraph has created a buzz in the crypto sphere after rigorous efforts aimed towards its development which date back to 2017. As per the Hedera project developers, the platform will offer an enterprise-grade distributed ledger solution. Hedera...
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO
5.10.2019
The U.S. government reacted to Facebook’s Libra “like they almost want to be left behind,” says Coinbase CEO Brian Armstrong
Bitcoin (BTC) Records 25% Drop From $10,900 to $8150 Since the Last Month
5.10.2019
Bitcoin price is strongly supported at $8100 The price of BTC may surge up to next resistance $8300 Bitcoin has never gained so much attention than this year since the day of its inception. BTC has established itself as the potential substitute for conventional currencies across the globe. It...
India Needs a Far-sighted Approach Regarding Cryptocurrencies
5.10.2019
We’re most definitely at a stage where corporations and governments around the world are moving their financial services up to the Blockchain. Standing at this point, India, however, might be at the risk of ceding ground to other countries that have already opted cryptocurrencies rather than...
Bitcoin Price Continues the Downtrend; Deals Around $8,000
4.10.2019
Bitcoin’s price remains stable at $8,000 The intraday loss is expected to turn into profit The market started the day with the bearish trend; the fall in the market was quite heavy. There was no expectation of improvement. However, the day moved ahead and the price started recovering. Many...
Ethereum (ETH) Embarks Moderate Recovery; Intraday Trading might Bring Good Results
4.10.2019
Ethereum (ETH) price recovers from intraday loss. The expectation of profitable closing strengthens. Ethereum is following Ripple (XRP) today. Both the coins began with a loss and now are moving towards recovery. The currency has a high prospect of giving flourishing results in the future. If...
Ripple Price Exhibits Growth Despite Bearish Trend
4.10.2019
Ripple is riding the bull today; the last couple of days has been quite a power-packed for the traders. The coin used to open with a positive digit and close with a negative. The pattern used to reverse for someday and thus the traders were amid a mix. Ripple has broken the pattern and...
Dogecoin Price Experiences Bearish Trend with a Thin Possibility of Improvement
4.10.2019
Dogecoin (DOGE) price was recently seen paving a distinct path for itself. The current fluctuation in the market has brought it back and thus, DOGE is again walking in the footsteps of Bitcoin. The day began with a bearish trend, which still intact. Bitcoin has also registered fall and as a result...
Bitcoin Cash Trades Contrastly With a Dull Trading Day Ahead
4.10.2019
Bitcoin Cash (BCH) is again spotted with a drop. The fall in the price, which started yesterday, is spotted on today’s chart too. From the past few days, the market is forming a pattern where the day begins with either having an uptrend or downtrend, but towards the end, it reverses. The last...