Day: June 27, 2019

Winklevoss Twins Fortune Doubles in 2019 Reclaiming ‘Bitcoin Billionaire’ Status

boss

Tyler and Cameron Winklevoss, bitcoin (BTC) bulls and founders of the Gemini crypto exchange, have seen their fortune more than double to hit a combined $1.45 billion following the fresh crypto market surge. Bloomberg reported the news on June 27. As early investors in bitcoin, the twins’ wealth now stands at its highest since March 2018 and has soared 120% from $654 million as of January this year, Bloomberg claims. The current bitcoin bull-run has restored the twins to ‘bitcoin billionaires’ once again. As Bitcoin’s price ascent continues apace —…

Bitcoin (BTC) Will Soon Blast by 80% to $30,000 Should Fractal Play Out

boss

Bitcoin Ready for $30,000. What? To say that the Bitcoin price action on Wednesday has been crazy would be somewhat of an understatement. For those who missed the memo, BTC found itself up 20% at some point yesterday, carving out a foothold for itself in and around the $13,800 price point, a key long-term resistance. Then, within the span of some fifteen minutes, Bitcoin collapsed by 14%, depending on what exchange you refer to, then rallied by 7% within another 15-minute time span. As CNBC’s “Fast Money” recently quipped, “this…

These Top 10 Altcoins Are Dropping Fast While Bitcoin Gains

boss

It’s no secret that the Bitcoin price is gaining and gaining, but other coins up near the top have seen corrections as a result. Some coins automatically increase in value if they’re mostly traded against BTC. Crypto Markets Auto-Correcting? If traders feel uncomfortable with these new values, they can trade these downwards, which is precisely what’s happened in at least the following five top altcoin markets: EOS, BNB, XRP, LTC, and BSV. In this updated chart, Bitcoin SV and Litecoin trading reveal a significant pullback during the ongoing bull rally.…

Coinbase Users Now Have ‘Recharge’ Capabilities With Bitcoin Lightning Network

boss

Bitrefill has made it possible for users of major American crypto exchange and wallet service Coinbase to access its full suite of Lightning Network (LN) services directly from within their native exchange accounts. The news was revealed in an official tweet from Bitrefill on June 25. The capability comes as part of Bitrefill’s new Thor API, which allows multiple platform users to instantly open custom channels on the Lightning Network via Bitrefill’s nodes — whether or not those platforms offer native support for LN or not. They can also pay…

Cardano’s Shelly TestNet Is A Handover, ADA Adds 7.3%

boss

Cardano (ADA) is up 7.3 percent The path towards complete decentralization continues through Shelly TestNet Shelly TestNet is live. To the end, Charles Hoskinson is in Israel as he waits for feedback from the country’s developers. Meanwhile, ADA is consolidating along 9.5 cents following June 26 doji candlestick. Cardano Price Analysis Fundamentals Charles Hoskinson is a technical leader, passionate about crypto. After parting ways with Ethereum following the contentious and implicating DAO, he continues to head Ethereum Classic development. Overly, he is generally thorough, guiding Cardano’s IOHK in matters quality.…

Binance and Paxos Just Made It Easier to Exchange Stablecoins for Fiat

boss

The biggest crypto exchange by volume Binance and digital asset Trust company Paxos have integrated a new fiat deposit gateway on Binance’s flagship trading platform.  According to a press release published on June 26, the gateway will enable traders to exchange fiat currency for the PAX Standard (PAX) stablecoin on the Paxos platform via wire transfer. The amount will then be reflected directly as a PAX-denominated balance in their Binance accounts. The press release claims that the new fiat on-ramp will foster increased PAX liquidity on the exchange and thus…

Bitcoin Price Retreats From $14K, Dips Remain Attractive

boss

There were continuing gains in bitcoin price above the $13,000 resistance against the US Dollar. The price traded close to the $14,000 level and later started a sharp bearish correction. There is a key breakout pattern forming with resistance near $12,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to remain supported and it could climb higher once again above the $13,000 barrier. Bitcoin price is trading nicely above the $11,500 and $12,200 support levels against the US Dollar. BTC price is…

Bitcoin Can Erode America’s Hegemony on the World Reserve Currency

boss

As bitcoin (BTC) surges in value, positive investment theses for digital assets are resurfacing. Those who have been involved in the space long enough understand the power bitcoin as a universal currency. Now, corporations and governments are finally entering the space to either utilize or regulate cryptocurrencies as they are realizing that the pioneer cryptocurrency can strip dominance from any government. How America Pushed Their way to the top American dominance over the rest of the world is old news. Since the end of World War II, the United States…

Bitcoin, Crypto Market Cap Holding Crucial Support: BCH, BNB, LTC, TRX Analysis

boss

The total crypto market cap surged towards $380.0B before correcting towards the $325.0B support. Bitcoin price rallied towards the $14,000 level before it corrected sharply towards the $12,000 support. Binance coin (BNB) price corrected lower and tested the key $35.00 support area. Litecoin (LTC) price is holding the main $130.00 support area. Bitcoin cash price failed to stay above the $500 level and it recently corrected towards $480. Tron (TRX) price is down more than 5% and it is currently trading near the $0.0360 support. The crypto market cap, bitcoin…

Bitcoin Correcting Gains While Ripple Price (XRP) Struggles To Hold Support

boss

Ripple price failed to climb above the key $0.4950 resistance level and declined against the US dollar. The price broke the $0.4700 support and it is currently struggling to hold the $0.4500 support. There was a break below a major bullish trend line with support at $0.4690 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum price corrected gains, but it is holding the key $320 support very well. Ripple price is struggling to hold a few important supports against the US Dollar, while bitcoin is…