Day: July 27, 2020

Top 10 Ethereum wallets 2020

boss

Etherum is the second most preferred wallet in the crypto world. It is because of its wallet infrastructure. The Etherum wallet has unique software that works on a decentralized platform and it is secured by the blockchain technology. As the Bitcoin prices are shooting up year after year, people are preferring Ethereum as their choice to invest or to trade with. In this article, let us discuss the top 10 Etherum wallets in the year 2020.   Benefits of Ethereum Wallets:   Ethereum Wallets are preferred because of their benefits…

The Bank of Lithuania Issues Europe’s First Central Bank Digital Currency — For Collectors – Blockchain News, Opinion, TV and Jobs

boss

The Bank of Lithuania is Europe’s first central bank to produce a digital currency issued in the Euro Zone. According to local media reports,  LBCOIN is a digital currency collector’s coin, based on blockchain technology, and the central bank has issued 24 thousand digital tokens and 4000 collectable silver coins. “The digital coin vividly illustrates what we achieved when we chose the strategic direction of our business a few years ago — to take a firm path to financial and payment innovation. This coin is like a bridge that combines classical…

OKEx C2C Loans Now Available Against OKB as Collateral

boss

The leading crypto spot and derivatives exchange platform OKEx has now started to accept the OK Blockchain Foundation’s global utility token OKB as collateral for C2C Loans. Apart from OKB, the platform also accepts collateral deposits in the form of Bitcoin (BTC) and ether (ETH), while keeping its options open to expand it further. With the inclusion of OKB, OKEx is not only driving the real-world applications of OKB, but also offering a more attractive option to those looking for C2C loans. According to the announcement, users borrowing USDT by…

Bitcoin Chart Allegedly Linked to Citibank Projects Price at $120K

boss

Bitcoin price could hit $120,000 in the coming years, according to a chart with alleged links to Citibank. The unverified image, first shared by Altana Digital Currency’s CIO Alistair Milne, depicts Bitcoin in a 2.5 years-long bull run. It also highlights the cryptocurrency’s potential to breach above $19,500 by 2021. A Bitcoin chart with links to Citibank, a global banking giant, envisions the cryptocurrency at over $120,000. First shared by Alistair Milne, the chief investment officer at Altana Digital Currency – a Monaco-based crypto fund, the image depicts BTC/USD in…

World’s Largest Blockchain Hackathon Announces 3-day Virtual Babylon Project

boss

The World’s Largest Blockchain Hackathon called ‘Virtual Babylon’ lifts off at 7:00 AM PDT on Friday, October 9, 2020, when applications open and the event will close on September 30, 2020. “Silicon Valley VC firms and other international investors are actively participating in the judging for the stated purpose of assessing fresh blockchain investments,” said Gideon Nweze, founder of the World Blockchain Hackathon collective. The organisers say there will be 72 hours of magic, concluding with a judging and awards ceremony where winning teams will pitch and raise prizes. Early…

Gold Prices Hit Record High Moving Closer to $2K

boss

Gold is benefiting from the present uncertainty. But it is unclear whether gold prices will grow further and set new record highs. Bulls’ next target is $2,000. In early trading hours today, gold prices set new record highs. After trading slightly above the $1,900 level last week, gold has hit $1944.76 per ounce, topping a record mark set in September 2011. And this rally is happening as the relationships between the U.S. and China are escalating. Besides, worries over the recurrence of coronavirus pandemic are growing, which also increases the…

On-Chain Data: Bitcoin Whales Are Selling the Explosion Past $10,000

boss

Bitcoin buyers seem to have returned after three months of inactivity. Just hours ago as of this article’s writing, the leading cryptocurrency inched above $10,300 for the first time since the early June highs. Holders of BTC were euphoric, to say the least. Although there are many reasons to believe Bitcoin has room to rally, data indicates whales are selling the rally. If that has an impact on the price of BTC remains to be seen, especially due to the ongoing “FOMO.” Related Reading: Crypto Tidbits: Twitter’s “BTC Scam,” Elon Musk &…

Bitcoin Soars Past $10K Levels for the First Time Since June

boss

Bitcoin jumped 5% to move above $10,000 levels for the first time since June 3. Investors are closely observing the next resistance of $10,500 above which Bitcoin can set a new bull trend. Bitcoin price shows major momentum in the last 24 hours moving past $10,000 levels for the first time since June. At press time, BTC price has surged 5.47% and trading at $10,227 with a market cap of $188 billion. It nearly more than 50-days since Bitcoin crossed $10,000 levels. The last time it did was on June…

Second Stimulus Package Viewed as Bullish Call on Crypto Assets

boss

The second stimulus package that was confirmed by Treasury Secretary Steven Mnuchin is being viewed as a long-term bullish call on crypto assets. As the coronavirus economic hardship left a significant portion of American citizens jobless, Treasury Secretary Steven Mnuchin confirmed the release of the second stimulus package. Coincidentally, the $1200 per person check has come at a time when digital assets’ volatility is spiking by the day. According to analysts, the overall effect of this huge stimulus by large global economies is likely to play out well for the…

Bitcoin, Ether, and XRP Weekly Market Update July 27, 2020

boss

The total crypto market cap added $33.5 billion to its value for the last seven days and now stands at $306.2 billion. The top 10 currencies were mostly in green for the same period with ether (ETH) and Litecoin (LTC) leading the pack with 35.5 and 14.3 percent of increase respectively . By the time of writing bitcoin (BTC) is trading at $10,224 while ether (ETH) is skyrocketed $342. Ripple’s XRP climbed up to $0.216. BTC/USD Bitcoin closed the trading session on Sunday, July 19 with a third consecutive green…