Day: May 2, 2019

Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Photo: Cz / Instagram Binance’s CEO Changpeng Zhao took to Twitter calling Elon Musk to make his own coin called ‘SpaceXcoin’ in order that space exploration becomes funded globally using crypto. He says investors shall have their names inked on the blockchain in that way. It’s already known that SpaceX’s and Tesla CEO Elon Musk likes to troll Twitter community because he is obviously aware that every and each one of his tweets are bringing turbulence to everything he’s talking about. Just recently he came (again) in the center of…

New Video Series Debuts – How Bitcoin Will Change the World

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Bitcoin.com has launched a new video series for the crypto-curious, with a crisp new look and an easy to understand, lighthearted narrative style. The first episode which premiered Wednesday features the top eight ways Bitcoin will change the world. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request How Bitcoin Will Change the World A new video series debuted on Bitcoin.com’s Youtube channel Wednesday with the premiere episode focusing on the top ways Bitcoin will make a difference in the world. In addition to improving cross-border remittances and…

Deloitte Ditches Ethereum for VeChain, Brags Beating Bitcoin Transactions

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By CCN.com: VeChain, which uses Proof of Authority rather than Proof-of-Work, clocked in more transactions than Bitcoin on Saturday. A Reddit user noticed and raised the celebratory alarm; Deloitte executive Cillian Leonowicz then claimed the activity via LinkedIn, writing: We wrote more transactions than Bitcoin over the weekend by migrating our client work from Ethereum to VeChain – we managed to execute 20+ smart contract transactions per second. Deloitte, BMW, and PwC Choose VeChain ‘Big four’ services giant Deloitte announced a week ago that it would be moving away from…

Bitcoin (BTC) Price Looks Primed For Further Gains

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Bitcoin price traded above the $5,300 resistance and tested $5,360 against the US Dollar. The price is currently trading with a bullish bias above the $5,280 and $5,250 supports. There are two bullish trend lines formed with support near $5,320 and $5,280 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains supported on dips and it could continue to climb towards the $5,400 and $5,450 levels. Bitcoin price is slowly grinding higher towards $5,450 against the US Dollar. BTC remains in an uptrend and…

Crypto Market Target Additional Gains: EOS, Bitcoin Cash, TRX, IOTA Analysis

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The total crypto market cap broke the $168.0B resistance and settled above $170.0B. EOS price is currently facing a strong resistance near the $4.80 and $4.85 levels. Bitcoin cash price is currently correcting recent gains towards the $265 or $260 support. Tron (TRX) price failed to move past $0.0245 and declined towards $0.0235. IOTA started a downside correction below the $0.3000 support level. The crypto market cap is currently consolidating, with corrective moves in bitcoin (BTC) and Ethereum. BCH, ripple, and altcoins like IOTA, TRX and ADA remains supported on…

Analyst: Bitcoin (BTC) Could Rally To $6,200, Then Collapse To Kickstart Bull Market

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Analysts Divided Over Short-Term Future Of Bitcoin Bitcoin’s chart is currently expressing signs of a bull market, according to Bitcoin Bravado analyst Jack. In a recent Twitter post, the technical chartist noted that BTC’s one-day chart is currently in the midst of an impeccable “ascending broadening wedge” pattern, which is uncommon in bear markets, and normally only seen in bull markets. If the pattern plays out how it does in technical textbooks and during the S&P 500’s recovery in 2009 and 2010, BTC could reach a high of $6,250, before…

Ripple (XRP) Price Holding Key Support: Fresh Upside In Play

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Ripple price traded towards the $0.3080 level and recently corrected lower against the US dollar. The price traded lower and broke the $0.3040 and $0.3020 support levels. There is a key bullish trend line in place with support near $0.2965 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dips a few points, but it is likely to bounce back as long as it is above $0.2950 Ripple price is trading with a positive bias above key supports against the US Dollar, but struggling…

Bitcoin Above Winter Resistance, Ethereum About To Drop Below It

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The month of April has seen some good, bad and ugly in theworld of cryptocurrency. Bitcoin has had it good, Ethereum has not fared sowell, and the Bitfinex Tether fiasco has been the ugly part. Bitcoin Still Dominating Since the beginning of April Bitcoin has made a solid 30percent and closeda monthly candle above resistance for a long time. After a long cold cryptowinter, which witnessed its depths on December 15 when Bitcoin hit a low ofjust below $3,200, rays of light have finally entered the space again. Gone arethe…

‘I Thought Litecoin Was Going to Hit $1,000’

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By CCN: Charlie Lee can’t seem to shake his reputation for offloading his Litecoin holdings near the peak. The Litecoin creator was featured in a podcast with Morgan Creek Digital Partner Anthony Pompliano where he fielded some tough questions both about his LTC portfolio and the state of the crypto industry. Something that you might not know is when Charlie decided to sell his Litecoins when the cryptocurrency was trading at approximately $300 he expected the price to go much higher. He said on the podcast: “I actually personally did…

‘I Thought Litecoin Was Going to Hit $1,000’

boss

By CCN: Charlie Lee can’t seem to shake his reputation for offloading his Litecoin holdings near the peak. The Litecoin creator was featured in a podcast with Morgan Creek Digital Partner Anthony Pompliano where he fielded some tough questions both about his LTC portfolio and the state of the crypto industry. Something that you might not know is when Charlie decided to sell his Litecoins when the cryptocurrency was trading at approximately $300 he expected the price to go much higher. He said on the podcast: “I actually personally did…