Ripple Price Analysis: XRP Signaling Bearish Extension In Short Term

Ripple price failed to stay above the $0.3250 and $0.3200 support levels and declined against the US dollar. This week’s followed major bullish trend line was breached with support near $0.3245 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair declined below $0.3200 and tested the next key support near the $0.3140 level. The current price action is slightly bearish, suggesting more losses towards the $0.3050 support area. Ripple price failed to hold gains and declined recently against the US Dollar and bitcoin. XRP/USD could…

IBM Blockchain Head: Bitcoin (BTC) Could See $5,000 By 2019’s End, But $1M Eventually

Bitcoin Could Hit $1 Million… Eventually It seems that the season of Bitcoin price predictions is on this nascent sector yet again. In a recent interview with Finder.com’s crypto branch, held at the Think Conference, IBM’s pro-Stellar blockchain division lead touted that he is optimistic in regards to the cryptocurrency market. Speaking to Fred Schebesta, Jesse Lund, who has quickly become an integral facet of the technology giant’s swelling blockchain division, noted that by the end of 2019, he expects Bitcoin to be at a casual $5,000. This represents a…

IBM Blockchain Head: Bitcoin (BTC) Could See $5,000 By 2019’s End, But $1M Eventually

Bitcoin Could Hit $1 Million… Eventually It seems that the season of Bitcoin price predictions is on this nascent sector yet again. In a recent interview with Finder.com’s crypto branch, held at the Think Conference, IBM’s pro-Stellar blockchain division lead touted that he is optimistic in regards to the cryptocurrency market. Speaking to Fred Schebesta, Jesse Lund, who has quickly become an integral facet of the technology giant’s swelling blockchain division, noted that by the end of 2019, he expects Bitcoin to be at a casual $5,000. This represents a…

Ethereum Price Analysis: ETH Hesitates But Break Above $150 Seem Likely

ETH price is currently trading in a broad range above the $140 and $142 supports against the US Dollar. The price seems to be facing a strong resistance near the $148 and $150 levels. There is a key bullish trend line formed with support at $143 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $140 support to clear the $150 barrier in the near term. Ethereum price is likely preparing for the next break against the US Dollar and bitcoin. ETH/USD could…

Elon Musk Assures He Only Owns 0.25 Bitcoin (BTC) After Lauding Crypto

Tesla CEO Musk Only Owns 0.25 Bitcoin (BTC) Last February, near the peak of the previous crypto bull run, Elon Musk took to Twitter to get his spot on the hype train. But his comment wasn’t what many were expecting. The Tesla chief executive and long-time technology guru noted that he “literally owns zero cryptocurrency,” save for 0.25 Bitcoin (BTC) that an unnamed friend sent him “many years ago.” At the time he issued that tweet, BTC was trading for $2,500, meaning that his crypto holdings were effectively nothing compared…

Telegram TON Network to Launch by October 2019 or Token Contracts Are Void

Purchase agreements for messenger service Telegram’s Gram tokens will be terminated if the Telegram Open Network (TON) does not launch by October 31, 2019. An apparent purchase agreement with the said terms was obtained by Cointelegraph on Feb. 21. The agreement details the legal niceties of Gram token purchases, outlining regulations for different jurisdictions in regard to the distribution of the tokens. Notably, it states that, should network not be released by October 31, 2019, the contract will be considered null and void. While the document provides the name of…

New Platform Converts Crypto to Fiat Without Know Your Customer Requirements

Cryptocurrency wallet MyEtherWallet (MEW) in collaboration with crypto finance firm Bity are releasing a platform to convert cryptocurrency to fiat without Know Your Customer (KYC) requirements. MEW announced the news in a blog post published on Feb. 20. Per the announcement, users of the MEW V5 wallet are now able to exchange up to 5,000 Swiss Francs ($4,995) worth Bitcoin (BTC) and Ethereum (ETH) to euros and Swiss francs without going through KYC requirements inside the wallet. Users can purportedly make the exchange from any part of the world. KYC…

Official: U.S. SEC’s Bitcoin ETF Verdicts Will Determine South Korea’s Crypto Attitude

South Korea Waits On SEC Rulings The race for the launch of Bitcoin exchange-traded funds (ETFs) has been an onerous one. Since the first proposal was plopped on the desk of American regulators, hopefuls and investors at large have hoped that a crypto-linked ETF would make it through the hoops. While much of this anticipation has been contained to America, per a report from the Korea Herald, many in South Korea are waiting on such vehicles too. Citing an unnamed official at the Korea Exchange, the sole securities exchange operator in…

Official: U.S. SEC’s Bitcoin ETF Verdicts Will Determine South Korea’s Crypto Attitude

South Korea Waits On SEC Rulings The race for the launch of Bitcoin exchange-traded funds (ETFs) has been an onerous one. Since the first proposal was plopped on the desk of American regulators, hopefuls and investors at large have hoped that a crypto-linked ETF would make it through the hoops. While much of this anticipation has been contained to America, per a report from the Korea Herald, many in South Korea are waiting on such vehicles too. Citing an unnamed official at the Korea Exchange, the sole securities exchange operator in…

Major European Derivatives Exchange to Launch Cryptocurrency Futures

Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21. People familiar with the matter reportedly told the Block that Eurex is planning to launch futures contracts tied to such digital currencies as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), having already had meetings with market-making companies to discuss the products. Deutsche Boerse has reportedly been considering the introduction of digital currency futures since December, 2017. A spokesperson for the…