Month: December 2019

Price Analysis Dec 30: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

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The completion of the most recent brief relief rally means traders need to be extra alert as several altcoins are now facing selling pressure. As 2019 comes to an end, traders will closely analyze the events scheduled for 2020 that might boost cryptocurrency prices. One of the most talked-about and watched events would be the halving of Bitcoin miner rewards in May 2020. While Bitcoin’s price had surged following the previous two halving events in 2012 and 2016, it is difficult to say with certainty how the crypto markets will…

Bitcoin to Benefit More from Trade War in 2020 than Halving Analysis |

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A misguided euphoria rising from the “phase one deal” between the US and China could help bitcoin becoming one of the most profitable investments in 2020. The offbeat asset has been pursuing a flat trajectory ever since Washington and Beijing reached an initial agreement. It spent its entire December in a tight range defined by $7,000 and $7,600, barring a short-term dump-and-pump action that took the price below $6,500. Price has been fluctuating in an 8% range all December | Source: TradingView.com The bitcoin’s price sideways action came against the…

TD Ameritrade Doesn’t Deny Potential Inclusion of XRP Into Service

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Major United States brokerage TD Ameritrade doesn’t deny the potential inclusion of cryptocurrencies like XRP to its platform. One of the early adopters of the original Bitcoin (BTC) futures trading platform, TD Ameritrade apparently remains positive about more potential initiatives in crypto. TD Ameritrade hints at more crypto services based on client feedback In a Dec. 29 tweet, TD Ameritrade hinted that it is continuing to explore crypto markets, replying to a question as to whether the company is planning to support cryptocurrency such as XRP. “Thank you for your…

MARKETS DAILY HOLIDAYS: Hot Wallets and Cold Storage?

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On today’s holiday episode, we’ll define and demystify the blockchain concepts of “Hot Wallets” and “Cold Storage” Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source

2019 to 2020: Insiders, Outsiders and Experimenters in Crypto Regulation: Part 1

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In 2019, we witnessed crypto regulations leave the domain of stuffy legal pontification and enter the realm of geopolitics (as a stuffy legal pontificator, I have mixed feelings about this). We saw President Trump tweet about crypto regulations, as well as powerful international organizations express their agenda on how crypto should be regulated. We saw bold, forward-looking moves from smaller nations play out, and crypto-schizophrenic China plant its flag somewhere on the cryptomoon, though we still don’t know on which side. These actions illustrate the global regulatory landscape evolving along…

Bitcoin Post-Holiday Consolidation Opens New Opportunities for Altcoins

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Bitcoin’s market capitalization has grown by 1.4% over the past 24 hours and now stands at $ 197.1 billion. Trading volume also rose to $ 17.2 billion (+ 26.6%). The weakness of the Bitcoin consolidation made it lose a bit of dominance, which now stands at 68.08%. Bitcoin (-0.16%) uninterrupted with growth over the weekend, but with fears among buyers, while Bitcoin SV, Litecoin and Bitcoin Cash has grown by 3.5% over the past 24 hours. Also a solid momentum: Binance Coin (+ 5-15%), Ethereum (+ 4.7%) and XRP (+…

Binance.US Opens Beta Testing of iOS App to All Users

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Binance’s crypto exchange for United States-based users, Binance.US, has opened beta testing of its iOS application to all users. The exchange announced the news in a Dec. 30 tweet, revealing the successful private beta test and inviting all of its clients to participate in the iOS beta. The private beta testing phase began on Dec. 18, giving Binance.US the opportunity to address possible flaws and have them resolved before making the app available to a wider audience. Following iOS beta testing, Binance.US made it available for beta testing on Android…

Foin Token Scheme Locks Up Investors’ Money and Pumps Price

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On Dec. 15, news broke that cryptocurrency payments firm and wallet provider FoPay had acquired Estonia-based digital currency trading platform AliExchange for 1 million of its native Foin (FOIN) tokens. If one were to go by Foin’s apparent value at the time, that would make the deal worth roughly $2.1 billion. Indeed, FoPay claimed as much in the press release that it issued. But Cointelegraph has found a trail of suspicious movements in Foin’s price history, as well as a web of suspect business relationships associated with the coin’s development.…

China Is Opening Doors to Blockchain — Private and Public

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The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries. Shortly after the launch in Shanghai, blockchain industrial parks emerged in other cities across China, such as Hangzhou, Chongqing, Suzhou and Changsha, with a total investment of more than 170 billion RMB ($24 billion) and a large amount of this funding coming from the government. With this amount…

Bitcoin Now Likely to Revisit $6Ks After Failing to Break Resistance

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Bitcoin (BTC) closed the week at $7,385, which represented a 1.71% reduction in valuation. The lows for the week were some 4.5% lower at $7,053. But a strong close meant that Bitcoin maintained the $7K handle throughout the week. Looking at performance relative to its peers, Ether (ETH) and XRP both outperformed Bitcoin last week against the United States dollar, which is counter-trend to what has been seen in recent weeks. BCH and BSV have also both notably recorded double-digit gains. As a result, BTC dominance fell around half a…