Day: February 10, 2020

Here’s Why Bitcoin Bulls Must Wait For Dip To $9,850 To Enter Again

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Bitcoin price climbed steadily above the $10,000 resistance against the US Dollar. However, BTC could correct lower towards $9,850 before it rallies towards the $10,500 area. Bitcoin is currently facing resistance near the $10,200 area against the US Dollar. The price is now showing signs of a downside correction below the $10,000 level. There was a break below a key bullish trend line with support near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). It seems like the bears are eyeing a test of the…

Overview and Market Trends of Crypto Games in 2020

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After CryptoKitties proved to be successful in the mainstream limelight in 2017, a surge of digital collectibles built on blockchain technology ensued. This rising trend made it pretty clear that blockchain and gaming make a perfect match. While blockchain technology provides a reliable reward system for players to collect digital collectibles making the game worthwhile, the gamification process, on the other hand, creates a friendly environment for learning and mass adoption. When it comes to crypto games, Japan leads the pack with an estimated net worth of over $40 billion.…

Ripple (XRP) Bulls Facing Uphill Task & Risk of Short Term Correction Escalates

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Ripple is facing a significant resistance near the $0.2900 area against the US Dollar. XRP price could decline a few points towards $0.2700 before it could rise again. Ripple price is struggling to climb towards the main $0.3000 resistance area against the US dollar. There were more than two rejections noted near the $0.2880-$0.2900 area. There is a short term declining channel forming with resistance near $0.2825 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could correct lower towards the $0.2700 and $0.2650 levels…

Ethereum Flirts With Key Resistance: Here’s Why It Could Correct Before Fresh Rise

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Ethereum price extended its rise above the $220 resistance area against the US Dollar. ETH is currently facing hurdles near $230 and it could correct in the short term. Ethereum is facing a key resistance near the $230 area against the US Dollar. The price might correct a few points towards $223 or $220 before climbing again. There is a major bullish trend line forming with support near $225 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is now trading well above the key $10,000 resistance…

Most Active and Impactful Blockchain Companies from 2019 to 2020

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Last year was an interesting one for blockchain and cryptocurrency, contrasting with past years in ways that go far beyond mere finance. It was a banner year for the maturation of the whole space, and not just in terms of the dollar price of your favorite cryptocurrency. Instead, 2019 has proven to those paying attention that blockchain is more alive than ever, and is exemplified by the growing sector’s most impressive and active participants. 1) Crypto custody and clearing gain momentum Gemini – Owned and operated by Cameron and Tyler…

Ripple’s XRP Makes “Huge” Achievement, Setting Stage for Strong Price Surge

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XRP didn’t have a good 2019 by any means. The third-largest cryptocurrency, third to Bitcoin and Ethereum, actually fell by 50% against the dollar in 2019, dramatically underperforming Bitcoin’s 95% gain and a near-record run in the stock market and in real estate. But, over the past few weeks, prospects for the leading altcoin have improved, with XRP’s technical and chart health improving as cryptocurrency prices have recovered across the board. Related Reading: This Simple Analysis Says Bitcoin Will Jump 15% to $11,500 in Coming Weeks According to a top…

Ripple’s XRP Makes “Huge” Achievement, Setting Stage for Strong Price Surge

boss

XRP didn’t have a good 2019 by any means. The third-largest cryptocurrency, third to Bitcoin and Ethereum, actually fell by 50% against the dollar in 2019, dramatically underperforming Bitcoin’s 95% gain and a near-record run in the stock market and in real estate. But, over the past few weeks, prospects for the leading altcoin have improved, with XRP’s technical and chart health improving as cryptocurrency prices have recovered across the board. Related Reading: This Simple Analysis Says Bitcoin Will Jump 15% to $11,500 in Coming Weeks According to a top…

New Non-Custodial Crypto Wallet Blockmove Will Help to Keep Digital Assets Safe

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Whether you are a beginner or an experienced crypto investor, the question of where, how and which way is the best to store your cryptocurrency will always be acute for you. It is not enough just to buy or earn digital assets, but it is even more important to keep them reliably secured, safe and sound. And the services providing storage for this type of asset – crypto wallets – come to the aid of cryptocurrency owners in this situation.  However, not all of them provide truly secure storage for…

Coronavirus Cover Up Threatens to Topple the Chinese Government

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Calls for free speech have ramped up online among Chinese citizens. The death of the doctor who was silenced for sounding the alarm on coronavirus has outraged the nation. A missing citizen journalist is the latest to add fuel to the growing resistance against government censorship. The coronavirus epidemic has shown no signs of slowing over the past week, and many are starting to look more critically at Beijing’s handling of the crisis. More specifically, Chinese citizens are starting to question whether their government’s crack-down on “rumors” has put their…

“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder

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In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018. Cred attracted some attention last year when it enabled a California politician to purchase cannabis with Bitcoin Cash (BCH). The politician was the first elected official to use cryptocurrency to purchase cannabis in the United States, according to Cointelegraph, in a demonstration meant to show how blockchain and…