Day: January 7, 2019

Crypto Security Company Ledger Releases Bluetooth-Enabled Hardware Wallet

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Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph. The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same time, the firm has announced mobile app set to go live on Jan. 16, allowing its users to manage their transactions and check their balances from a mobile device. The Ledger Nano X will have the capacity to store 100 crypto assets. At the end of November, Ledger…

Bitcoin Price Watch: BTC Breaks $4K, More Gains Possible

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Bitcoin price finally broke the $4,000 barrier and traded towards $4,100 against the US Dollar. There was a break above a major bearish trend line with resistance at $3,830 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently consolidating gains and dips towards $4,000 and $3,920 remain supported. Bitcoin price gained bullish momentum and cleared $4,000 against the US Dollar. BTC could correct a few points, but it is likely to resume uptrend above $4,100. Bitcoin Price Analysis Recently, we discussed about a…

Can Dubai Become the First Blockchain Powered City by 2020?

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When we think of Dubai, we think of Arab billionaire lifestyles, 6-star hotels, and awe-inspiring skyscrapers. But did you know that plans are in place to turn Dubai into the first blockchain-powered city by 2020? The Director-General of Smart Dubai, Dr. Aisha Bint Butti Bin Bishr, believes that city is in prime position to establish itself as a blockchain and crypto epicenter that could become a fully-integrated blockchain smart city in the next couple of years. Blockchain Smart City in the UAE Smart Dubai are the organizers of the Global…

The Coming Bifurcation of Bitcoin

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Angus Champion de Crespigny is an advisor to blockchain projects and a former EY blockchain lead. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Amongst many others, the bitcoin community for the past few years has been working with two particularly important ideas related to the asset’s future. One is the narrative of institutional adoption: the idea that institutions will begin buying (or facilitating the buying) of bitcoin as an investment. The other is decentralization: emphasizing control of one’s own monetary sovereignty and the ease with which…

Ripple Price Analysis: Buy XRP Near $0.36 For Move To $0.38

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Ripple price gained traction and moved above the $0.3550 resistance against the US dollar. There was a break above a key bearish trend line with resistance at $0.3550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains well supported on dips near $0.3600 and it may continue to move higher. Ripple price formed a decent support and recovered against the US Dollar and Bitcoin. XRP/USD could dip a few points before moving towards $0.3800. Ripple Price Analysis Recently, there was a downside correction below…

Ethereum Price Analysis: ETH Could Make Sustained Move Higher

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Key Highlights ETH price corrected lower recently and tested the $147-148 support against the US Dollar. There is a crucial bullish trend line formed with support at $148 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed nicely in a bullish zone above $145 and it may continue to rise in the near term. Ethereum price is consolidating recent gains against the US Dollar and bitcoin. ETH/USD may soon break the $160 resistance and continue to move higher. Ethereum Price Analysis Recently, there were bullish…