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Ripple Takes the First Step Towards Recovery; Trades Around 0.24 USD
26.9.2019
Ripple gains almost 4% from yesterday’s lowest point to the current price; now hovers around 0.24 USD. The next resistance may come at 0.2519 USD. Ripple has been able to stand a little after previous days of disastrous falls. Over the last 24 hours, it has managed to gather 4%, and the current...
Bitcoin Recovering after Fall Below USD 8,000, Altcoins in ~20% Drop
25.9.2019
Bitcoin is showing cautious signs of recovery after a dramatic drop that saw it briefly dip below USD 8,000 on some markets – with many altcoins also reeling after sudden price falls.
Some observers have pointed out that the BTC drop coincided with a massive liquidation of over USD 600 million...
Bakkt Trades 71 BTC Futures Contracts in 24h, Bitcoin Unsteady Below USD 9.8k
24.9.2019
Bakkt’s much-anticipated Bitcoin futures contracts offerings saw just 71 contracts taken out in its first 24 hours of trading, while Bitcoin and most major altcoins are recovering slowly after market price drops. The market appears to have been shaken after BTC fell below the key USD 10,000 mark...
USD to Lead a Group of Fiat Currencies Backing Libra
23.9.2019
As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s...
Bitcoin Price Fluctuates Around USD 10K, Altcoins Decline
23.9.2019
This past week, bitcoin struggled to continue above the USD 10,350 and USD 10,400 resistance levels. As a result, BTC/USD declined and traded below the USD 10,150 and USD 10,000 support levels. On the other hand, there were sharp gains in major altcoins, including ethereum, ripple, EOS,...
Iran Is Being Targeted for Economic Independence, Not Terrorism
22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...
Ripple Gets a Blow and Loses 0.24% Against USD
21.9.2019
Ripple loses 0.24% in one day and gets back to 0.29 USD. It may face the next resistance at 0.3089 USD. Ripple seems to have followed the path of Bitcoin and halts its recovery process. In the last 24 hours, it has been down by 0.24%, and the current value has fallen to 0.2937 USD …
The post...
Bitcoin Creeps Back Above USD 10k as Byrne Crypto Move Sparks Intrigue
20.9.2019
Bitcoin is making a steady recovery, edging above the key USD 10,000 mark after dropping into the high USD 9,000s for most of September 19.
BTC prices returned to USD 10,000 at 16:35 GMT on September 19, stabilized, and then lept from just over 10,000 to almost USD 10,300 within the space of...
USD Coin Price Continues the Moderate Momentum
20.9.2019
USD Coin has always maintained a tight hold in the market. The recent fall in the price couldn’t hamper the currency. Bitcoin has also shown a stronghold during the fall. The coin never fell below $9,000. Similarly, USDC hasn’t dropped below $0.99. The future is speculated to give high return....
Ontology Price Plunge Takes it Back to 0.79 USD
19.9.2019
Ontology (ONT) price recently touched $0.85. The escalation in price grabbed a lot of eyeballs. The month opened at $0.71 and it took almost 15 days to reflect a visible upsurge. Well, the currency is moving back from it started. If we look at yesterday’s chart, ONT touched a high at 0.857072 USD...
Crypto Market Turned Red, Bitcoin Below USD 10,000 Again
19.9.2019
In a sudden move in early hours of Thursday (UTC time), the crypto market dropped trimming its recent gains. The most popular cryptocurrency, bitcoin, slipped c. 3% in 20 minutes and once again lost the USD 10,000 support.
At pixel time (03:40 UTC), bitcoin trades at c. USD 9,857 and is down...
Wells Fargo Set to Pilot Internal Settlement Service Based on Its First DLT Platform
18.9.2019
Wells Fargo & Company, the renowned American MNC offering financial services, announced its plans of unveiling its own blockchain-powered digital currency for easy movement of cash between its branches and across borders in real-time. The currency in question referred to as ‘Wells Fargo Digital...
Ether Hit USD 200; On its Way to Surpass BTC in Daily Transaction Fees
17.9.2019
After a strong rally in the past week, the second largest digital token by market capitalization, ether (ETH), climbed above the USD 200 level today, where it was almost a month ago. Moreover, researchers claim that Ethereum is also overtaking Bitcoin in daily transaction fees. A major reason...
CME Wants to Double Its Monthly BTC Futures Trading Cap to USD 100M
13.9.2019
The Chicago Mercantile Exchange (CME Group) has announced that it intends to double its monthly Bitcoin futures trading cap to BTC 10,000 (USD 103 million) – and has already asked America’s Commodity Futures Trading Commission (CFTC) for regulatory permission.
Currently, individual investors...
Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening
12.9.2019
During the crypto bull market of 2017, everybody was happy. It wasn’t just the BTC maximalists, BCH enthusiasts, or proponents of ETH. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding high. Since that enchanted...
Bitcoin Drops to USD 10K, Altcoins Struggle to Gain Bullish Momentum
11.9.2019
In the past few sessions, there was an increase in selling pressure on bitcoin below USD 10,400 and USD 10,300. BTC/USD even broke the key USD 10,250 support area to enter a negative zone. It dragged most major altcoins, including ethereum, ripple, BCH, litecoin, TRX and EOS. ETH/USD broke the...
Huobi Confirms That USD 1B Transaction Did Not Include Their Own BTC
9.9.2019
Source: iStock/D-Keine
The recent transfer of more than 94,500 bitcoins, worth USD 1 billion at the time, sent crypto twitter into a theorizing frenzy, trying to figure out who could be behind this and why. We now know that cryptocurrency exchange Huobi’s funds are not a part of it.
As previously...
Binance and Paxos Collaborate to Unveil a Stablecoin Pegged to USD
6.9.2019
Binance, the largest digital currency exchange in the world in terms of trading volume, and Paxos, a digital asset trust entity, have come together to unveil a stablecoin pegged to USD. The soon-to-be-launched stablecoin is referred to as BUSD (Binance USD). Binance shared this new update with...
Who Just Moved USD 1 Billion in Bitcoin?
6.9.2019
Source: iStock/Marie-Elizabeth Mali
More than 94,500 bitcoins (USD 1 billion) were on the move Friday morning, causing a ruckus on the crypto Twitter. Such a transaction constitutes one of the largest wealth transfers recorded on the Bitcoin blockchain. According to the transaction tracker Whale...
15 Chinese Made USD 20M With Illegal Crypto Mining Scheme - Report
5.9.2019
Fifteen suspects were arrested in south-central China, the city of Henyang, for stealing electricity from Internet cafes to mine cryptocurrency. The scheme reportedly involved bribing nearly 9,000 computer administrators and earned c. USD 20 million during the period of 24 months, reports Chinese...