Day: April 27, 2019

Ripple to Save Millions for a Oil Company, XRP Reacts at Historical Support

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Ripple (XRP) technically bullish PPTEP partnership bullish By collaborating with PPTEP of Thailand with Siam bank as a facilitator, investors can see firsthand why the platform can help industries across the board. Even so, Ripple (XRP) is ranging with strong support at 30 cents. Ripple Price Analysis Fundamentals Good news, for the general investor, is the rate at which Ripple Inc is securing partnerships. By the close of 2018, 200 banks were using RippleNet. Of those 200 financial institutions, xRapid had 13 clients. That’s a massive milestone for a service…

Crypto Tidbits: Lil Pump(s) Bitcoin, TD Ameritrade Launches Blockchain Division, Bitfinex Under Investigation

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Another week, another round of Crypto Tidbits. Bitcoin (BTC) has picked up yet again, falling by 10% on Thursday as a result of news that Bitfinex and Tether may not be in entirely stable financial standing. Yet, by and large, industry developments were rather positive. Samsung was revealed to have early-stage plans to launch its own Ethereum-based chain, Binance launched both its decentralized exchange and Singapore fiat onramp, and two big names in American finance revealed that they may offer BTC trading support to their millions of customers. Related Reading:…

Two Bitfinex Shareholders Say They’re Unconcerned by Insolvency Allegations

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Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency by the New York Attorney General. The news was reported by cryptocurrency news outlet Coindesk on April 26. In January last year, Zhao Dong, a shareholder of the exchange, claimed on microblogging platform Weibo that the balance of Bitfinex and tether (USDT) reserves was over $3 billion, over the current USDT circulating supply. The balances were reportedly shown to Dong by Giancarlo Devasini, chief financial officer of Tether and…

Binance Coin (BNB) Likely To Hit $40 than Drop to $15

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BNB prices stable but can expand to $41 Binance fundamentals supportive for BNB With the launch of Binance chain and Binance DEX, Binance Coin (BNB) could benefit from increasing demand as Binance is one of the few trusted exchanges according to OpenMarketCap. Thus far, it is ranging with support at $20. Binance Coin Price Analysis Fundamentals Simply put, Binance Coin (BNB) is a loyalty coin. Operating from the world’s largest exchange by adjusted volume, Binance, which is less than three years, the coin is a top performer increasing by triple…

Crypto Market Staging Comeback: Bitcoin Cash, XLM, EOS, TRX Price Analysis

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The total crypto market cap is currently consolidating below the $167.0B resistance. Bitcoin cash price is currently above $260 and it could rebound towards $270 and $275. EOS price is likely to climb slowly above the $4.75 and $4.80 resistance levels. Stellar (XLM) price is making an attempt to move back above the $0.1000 resistance. Tron (TRX) could test the $0.0245 resistance, where seller are likely to appear. The crypto market cap is likely to recover along with bitcoin (BTC) and Ethereum (ETH). BCH, stellar (XLM), ADA, EOS, ripple and…

Bitcoin (BTC) May Suffer if BitFinex Falls, Controls 5% of Trading Volumes

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Bitcoin (BTC) stable above $5,200 Resolving NY OAG and iFinex differences would be bullish for BTC The company behind iFinex should quickly resolve their dispute with the New York Office of the AG before fines negatively affect BitFinex and Tether. In a cascade, hefty fines would dent the exchange’s reputation, and because it is where most Bitcoin (BTC) related trading happens, prices would likely drop. Bitcoin Price Analysis Fundamentals The space is split, and factions are forming around BitFinex, Tether and the parent company, iFinex. With NY OAG breathing fire…

Consumer-Targeted Cryptojacking Is ‘Essentially Extinct’: Research

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Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser mining service CoinHive shut down in early March — when the team claimed that the project had become economically inviable — cryptojacking against consumers has sharply decreased. At the same time, the number of such attacks targeting businesses increased from the last quarter. Furthermore, MalwareBytes also notes that bitcoin (BTC) holders who use Electrum wallets on a Mac have lost over $2.3…

Why CheapAir is Still Dedicated to Bitcoin After Clearing $5 Million in 5 Years

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By CCN.com: Major travel agency CheapAir has reportedly processed more than $5 million worth of bitcoin payments since its integration of the dominant cryptocurrency in 2013. To better serve cryptocurrency users, CheapAir CEO Jeff Klee said that the firm will soon accept Ethereum. Speaking to Forbes, Klee said: CheapAir is about to start taking ethereum which is new in addition to dash, bitcoin cash, and litecoin. https://t.co/GrHKdmlIGO continues to embrace cryptocurrency as payment and we’re dedicated to cater to #Bitcoin, #Litecoin, #Dash and #BCH customers. Via @ForbesCrypto @iamwormify https://t.co/nUGPwf41TG —…

How to Create a Bitcoin Cash Wallet With Cashaddress

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Setting up a bitcoin cash wallet is one of the first steps to getting involved in the world of peer-to-peer electronic cash. And while there are many established wallet providers that support BCH, you can use the Cashaddress platform to create a bitcoin cash wallet all by yourself. Also read: Smartphone Wallpaper Lets You Track the Price of Your Favorite Coins Generate Random BCH Public Address and Private Key Cashaddress.org is a free and open source Javascript bitcoin cash wallet generator which lets you create several types of BCH wallets…

Bitcoin Bulls Drive $20 Million into New York-based Crypto Trust

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The bitcoin price is down over 74 percent from its record peak near $20,000. But that has not deterred institutional investors from strengthening their bullish positions in the market. The sentiment has led the world’s largest crypto asset investment firm to notch a record capital inflow this week. New York-based Greyscale Investments, a division of Digital Currency Group, brought in over $20 million in total investments, according to a statement issued by CEO and Founder Barry Silbert. The said uptick marked Greyscale’s best week since 2017 and pushed the firm’s…