Tesla Creator Elon Musk Reveals His Crypto Holdings

Photo: Web Summit / Flickr Recently, we reported that Tesla CEO Elon Musk believes cryptos are much better than traditional money and sees Bitcoin as a currency with “quite brilliant structure”. He said that cryptos provide a better alternative to conventional money. However, despite his enthusiasm, Musk himself owns a very little amount of cryptocurrency, all of which is denominated in Bitcoin. Musk wrote about that on his Twitter: That said, I still only own 0.25 BTC, which a friend sent me several years ago. Don’t have any crypto holdings. — Elon Musk…

Bitcoin Price Watch: BTC Bulls And Bears Lock Horns For Next Break

Bitcoin price spiked towards the $4,000 resistance, but failed once again versus the US Dollar. The price traded lower and broke the $3,950 and $3,940 support levels. There was a break below a connecting bullish trend line with support at $3,925 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported above $3,860 and the 100 hourly simple moving average. Bitcoin price is still facing a strong resistance near the $4,000 zone against the US Dollar. BTC bears and bulls locked horns as…

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…

Is BitTorrent (BTT) Success Capping Tron (TRX) Demand?

Tron prices slow down as TRX slip to ninth BitTorrent (BTT) could be capping TRX demand Transactional volumes are low and well below 42 million of Feb 4 Even with low volumes, we retain a bullish outlook on Tron (TRX). It is likely that the decision to reward BitTorrent seeders with BTT and not TRX is behind recent price shrinks. Tron Price Analysis Fundamentals The acquisition of BitTorrent by the Tron Foundation promised to be—and is still is—a massive move by a blockchain start-up whose primary objective is to decentralize…

Ripple (XRP) Falter, Liquidation at 34 Cents

Ripple prices under pressure at 34 cents Instimatch Global partner with R3 Corda Settler Transaction volumes high but could dip in coming days There is consolidation happening in the remittance space, and it is good news that Instimatch Global is partnering with R3 Corda Settler. Yoshitaka’s SBI Holdings is behind Ripple Inc and R3 and therefore, successful use will see XRP demand increase as prices finally break above 40 cents. Ripple Price Analysis Fundamentals Instimatch Global, a firm that says “enables a diverse community of institutional borrowers and lenders to…

Ripple Price Analysis: XRP Trading Near Make-or-Break Levels

Ripple price stayed above the $0.3200 support level, with a positive bias against the US dollar. This week’s followed key bullish trend line is in place with support near $0.3250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3250 and $0.3220 support levels to avoid a downside break. On the upside, a break above the $0.3300 and $0.3345 resistance levels could spark a rally. Ripple price is consolidating above key supports against the US Dollar and bitcoin. XRP/USD needs to…

A Beginner’s Guide To Cryptocurrency Mining

A Beginner’s Guide To Cryptocurrency Mining February 20, 2019 by Priscilla Russell Cryptocurrency is considered one of the most popular forms of financial assets today. Many of these digital assets operate within blockchain technology which works as a digital ledger or tracker. This ledger is then duplicated in several computer networks for confirmation. To properly make use of crypto coins, certain people may need to mine crypto coins which helps verify numerous transaction resulting in increased security levels. This is a sponsored article To start, here are some facts you…

A Successful Binance DEX Mainnet Could See Binance Coin (BNB) Prices Double

  Binance coin up 17.1 percent in the last week Testnet launch live, users free to test the DEX and Binance chain explorer Transactional volumes double from Dec 2018   BNB is back to the top 10, and with increasing volumes and DEX and explorer test net, coin holders are likely to reap big profits. So far, Binance coin is up 17.1 percent and back to the top 10. Binance Coin (BNB) Price Analysis Fundamentals Like Ethereum’s ETH, Binance Coin is a utility token in the Binance chain network. It…

Bullish Bitcoin (BTC) Inch Close to $4,500 as Tech Leader Says it is Better than Paper Money

  Bitcoin prices are trending higher, up 8.1 percent in the last week Elon Musk says Bitcoin and crypto is brilliant for value transfer Transactional volumes high, behind recent higher highs   Adoption is on the rise, and it is at this juncture that Elon Musk has reasons to believe that Bitcoin is brilliant and a better tool for value transfer. As an influencer, this is bullish, and as long as prices are on the rise, we expect momentum to build up. Bitcoin (BTC) Price Analysis Fundamentals Interesting days ahead.…

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum at its bottom could yield more returns than investing in Bitcoin, said Don Alt. The famous cryptocurrency analyst, who has 82.7k following on Twitter, claimed that his investment paid off when he bought Ether at $121. While he didn’t specify the nature of his trade, he said his investment could return ten times more profit than bitcoin while still costing 1/3rd of the leading digital currency. “I’ve heard Etherum will one day be the global computer that [executes] smart [contracts], tweeted Don Alt. “So I rebought me a…