Day: October 8, 2019

Reddit Crypto Tipping Service TipJar Shuts Down

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TipJar, an Ethereum (ETH)-powered service that allowed redditors to send micropayments to each other in Ether and ERC-20 tokens, was shut down on Oct. 7. Its website is still operational but will be also closed on April 10, 2020. In a Reddit announcement published on the same day, TipJar’s developer cited “very little activity on the bot” as the main reason for the shutdown. He also urged users to withdraw their already deposited funds via TipJar’s website as soon as possible, adding: “The TipJar reddit bot is being shut down…

Bitcoin And Crypto Market Facing Hurdles: BCH, EOS, TRX, ADA Analysis

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The total crypto market cap is currently recovering, but it is facing resistance near $220.0B. Bitcoin price is up around 5%, but it is also facing hurdles near $8,300 and $8,350. EOS price extended its gains above the $3.000 resistance and tested $3.200. BCH price is up around 5% and it is trading near the key $240 resistance area. Tron (TRX) price rallied 10% and broke the $0.0160 resistance level. Cardano (ADA) price rebounded 5%, but it is still well below the $0.0450 and $0.0500 levels. Bitcoin and the crypto…

CNBC Crypto Analyst Suggests Bitcoin Price Will Rally Higher

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The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at $8,300 at press time. Much of the time, altcoins follow Bitcoin’s lead in terms of price, making the digital asset’s activity a strong indication of the current market state as a whole.  After a stark $1,700 drop in price on Sept. 24, Bitcoin and the rest of the cryptocurrency market seem to have taken a…

Ripple Price (XRP) Upsurge Facing Key Resistance, Can Bulls Make It?

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Ripple price remained in a positive zone and rallied another 5% above $0.2750 against the US dollar. The price is trading in an uptrend, but it is now facing a strong resistance near $0.2850. There is a rising channel forming with support near $0.2780 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could correct in the short term, but it might find support near $0.2780 or $0.2750. Ripple price is up more than 5% against the US Dollar, and it recovered vs bitcoin. XRP…

Ethereum (ETH) Price Rallies 10% But Can It Break $185?

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ETH price is climbing higher and it recently broke the $175 and $180 resistances against the US Dollar. The price is currently trading near a crucial resistance area at $185 and $186. There was a break above a key bearish trend line with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken). The pair might correct a few points lower, but it is likely to climb higher towards $190 or $192. Ethereum price is up close to 10% versus the US Dollar, and climbed nicely vs…

Crypto Market Continues to Show Green Candlesticks, BTC Recovers to $8,200

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Monday, Oct. 7 — Bitcoin (BTC) continues its rebound together with most of the other cryptocurrencies, with notable gainers Chainlink (LINK) and Tron (TRX) breaking 10% gains on the day. Cryptocurrency market daily overview. Source: Coin360 The world’s most popular crypto coin closed the week with a selloff, pushing its price well below the $8,000 mark and recording a close down 2.5% for the week. However, Monday seems to be bearing gifts. Bitcoin started the trading day at around the $8,000 price level and has been slowly crawling upward to its…

Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

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The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP). According to a Saudi Gazette report on Oct. 7, the platform aims to improve the ease of doing business in Dubai and enable license issuers to manage trade licenses and corporate registries. The Silicon Oasis Authority, the Dubai Electricity and Water Authority, and Dubai Multi Commodities Centre have already joined the platform. The UBRP eventually aims to host a total of 40 government entities.  The solution is hosted on the blockchain-as-a-service platform called…