May 9, 2019

Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

May 9, 2019 boss

Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook is talking to major payment networks Visa and MasterCard to raise a $1 billion for its crypto project, which reportedly entails a stablecoin along with a crypto-powered online payments system. Brief history of Facebook’s secretive crypto project Facebook has been rumored to…

Bitcoin Price Breaks Through Key $6,000 Mark, McAfee Offers Help to Binance’s CZ

May 9, 2019 boss

On May 8, Bitcoin got over the crucial $6,000 level of resistance. Analysts believe this will bring investors further gains by letting BTC rise even higher On Wednesday, Bitcoin price finally overcame the key resistance mark at $6,000, as per CoinMarkerCap data. In its recent article, Forbes reveals the opinions of several analysts who say that if Bitcoin can get fixed above $6,000, it may go on to rise further and bring higher gains to investors. Bitcoin is giving a hope for further market rise: analysts Forbes has spoken to…

Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?

May 9, 2019 boss

Bitcoin price extended gains and traded to a new 2019 high above $6,080 against the US Dollar. The price surged higher towards the $6,100 level and it is currently consolidating gains. There was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported on the downside, but there are many hurdles near $6,100 and $6,200. Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge…

Crypto Market, Bitcoin Cruising Higher: Bitcoin Cash, Litecoin, TRX, XLM Analysis

May 9, 2019 boss

The total crypto market cap is placed nicely above $180.0B and it could accelerate higher. Bitcoin price is gaining momentum and it recently surged to a new 2019 above $6,050. Litecoin (LTC) price broke the $75 resistance and it seems like it could grind higher towards $80. Bitcoin cash price is once again moving higher towards the key $295 and $300 resistances. Tron (TRX) price broke the $0.0242 resistance to move into a positive zone. Stellar (XLM) price seems to be consolidating below the key $0.0980 and $0.1000 resistances. The…

Ripple (XRP) Price Poised To Break Higher: BTC, ETH Surging

May 9, 2019 boss

Ripple price formed a decent support near the $0.2915 level and climbed higher against the US dollar. The price broke the $0.2950 resistance and it looks set to gain bullish momentum in the near term. Yesterday’s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a strong upward move if it breaks the $0.3000 and $0.3020 resistance levels. Ripple price is slowly recovering higher against the US Dollar, while bitcoin…

Florincoin – the 2014 Altcoin You Don’t Remember – Is Attracting Real Users

May 9, 2019 boss

One of the most recognizable names in the crypto space (and perhaps even outside of it) is using one of the least recognizable blockchains. Overstock.com subsidiaries Medici Ventures and tZERO have been utilizing the FLO blockchain for some time in work aimed at re-organizing property rights. At one time, a video of the tZERO homepage even showed the little-known blockchain at work. Still, if you haven’t heard of FLO before, you won’t be alone. Maybe Florincoin, the blockchain’s moniker when it first launched in 2013, shortly before the 2014 altcoin…

Florincoin – the 2014 Altcoin You Don’t Remember – Is Attracting Real Users

May 9, 2019 boss

Bitcoin (BTC) Holds Strong After Binance Hack, CZ Ensures Blockchain Rollback Won’t Happen –

May 9, 2019 boss

A Brief, Not So Historical Recap Of Binance’s 7,000 Bitcoin Hack As reported by us previously, on Tuesday, Binance a Malta-registered Bitcoin & crypto asset exchange that is one of the most well-respected in the market, divulged that it has been slammed by a “large scale security breach”. The platform reported a loss of 7,000 BTC, valued at $42 million at current values. In the post, it was explained that on Tuesday, “hackers”, which remain unnamed, were able to obtain a large number of user API keys, two-factor authentication codes, and “potentially…

Impressive Bitcoin Price Smashes Through $6,000 as Crypto Stars Align

May 9, 2019 boss

By CCN: The bulls are back. After a prolonged period in a sideways range, the bitcoin price has finally established a powerful uptrend. As BTC breaks the $6,000 level, enthusiasm is returning in waves to the cryptocurrency industry. Even the Binance hack has failed to put a dampener on a buoyant BTC/USD. Bitcoin has broken critical resistance at $6,000. | Source: CoinMarketCap Bulls Are Unstoppable As BTC/USD Clears $6,000 Hurdle Why all the enthusiasm about the bitcoin price breaking $6,000? This level has been closely watched for some time.…

Ethereum (ETH) Price Gaining Momentum As Bitcoin Hits Fresh High

May 9, 2019 boss

ETH price found support near the $164-165 area and bounced back against the US Dollar. The price broke the $168 and $169 resistance levels, and is currently gathering momentum. There is a breakout pattern forming with resistance at $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break the $172 resistance and climb towards the $176 and $180 resistance levels. Ethereum price is gaining bullish momentum versus the US Dollar, following bitcoin price rise. ETH is now placed above $169 and it looks…