Bitcoin (BTC) Price Hits First Target: Can Bulls Hit $8.8K or $9K?

Bitcoin price is n a positive zone and recently climbed above the $8,500 level against the US Dollar. The price is gaining momentum and it seems like it could even trade towards the $8,800 level. There is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip a few points, but it remains well bid above the $8,460 pivot level. Bitcoin price extended gains above the $8,500 resistance against the US Dollar. BTC is…

The Path To Evolution Is Behind Dash’s Resurgence, Add 5.4%

Dash bulls in control, prices up 5.4 percent ChainLocks is an assurance of Dash security Before Evolution, the latest Dash upgrade introduces ChainLocks. It is a shield against the disastrous effects of a Majority Attack. Since the benefits of Evolution are massive and instills confidence, Dash prices responded. At the time of writing, it is up 5.4 percent from last week’s close. Dash Price Analysis Fundamentals Capitalizing on a horrendous leadership, Dash is quite literally replacing the worthless Venezuelan Bolivar. Decimated by hyperinflation, cryptocurrency is, by and large, the perfect…

Ripple (XRP) Price Trading Near Make-or-Break Support Zone

Ripple price started a short term downside correction after trading towards $0.4100 against the US dollar. The price declined below the $0.4000 support and recently tested the $0.3940 support area. There is a key bullish trend line forming with support near $0.3945 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could either break the $0.3940 support and extend losses or start a fresh increase. Ripple price is currently trading near key support levels against the US Dollar, similar to bitcoin. XRP is likely to…

Ripple’s Expansion Strategic, xRapid Adoption Pivotal

Ripple (XRP) prices constant Luiz Antonio Sacco will lead Ripple’s ambitions in South America As part of their expansion plans in South America, Ripple is acquiring the services of Luiz Antonio Sacco. He will spearhead their initiative, implementing Ripple’s strategy. XRP is stable at press time, adding a paltry 1.4 percent in 24 hours. Ripple Price Analysis Fundamentals Employing XRP as a facilitator, xRapid does two things. First, it lowers transaction costs while simultaneously hastening settlement. Secondly, it eliminates intermediaries like banks. The reason for this is because of xRapid’s…

Tron’s Justin Sun Choses Silicon Valley As the Venue for Lunch with Warren Buffett

San Francisco. Photo: Pixabay A huge buzz has been there in the crypto community with Tron founder Justin Sun winning the bid for a ‘power lunch‘ with the investment guru Warren Buffet by paying a massive sum of $4.57 million. Although the entire sum raised will go for a charity cause, what interests the crypto community is whether Sun will be able to change Buffett’s opinion on crypto. Warren Buffett has been one of the biggest critics of cryptocurrencies calling Bitcoin as ‘rat poison squared’. Winning the power lunch with…

Ethereum (ETH) Price Rallies Above $260: Turned Buy On Dips

ETH price started a strong upward move after it broke the key $250 resistance against the US Dollar. The price even broke the $255 and $260 resistance levels to move into a positive zone. There is a major bullish trend line forming with support near $252 on the hourly chart of ETH/USD (data feed via Kraken). The pair is correcting lower, but dips remain supported near the $255 and $252 levels. Ethereum price rallied recently with a positive momentum versus the US Dollar, similar to bitcoin. ETH price is now…

Cardano (ADA) Leads Crypto Market With Staggering 24% Gain in 4 Days

Cardano (ADA) was trading around $0.095 by 10:00 UTC on the crypto exchange Binance on Wednesday, up 8.52 percent since the Asian market opened, marking the asset’s most towering one-day performance since May 15. The upward price action pushed ADA’s market capitalization to $2.412 billion, or 0.95 percent of the global cryptocurrency market valuation. At its prime, ADA’s net assessment was $29.948 billion, per the data provided by CoinMarketCap.com. Cardano (ADA) Records 24% Gains in Last 4 Days | Image Credits: TradingView.com The past 24 hours witnessed the ADA/USD instrument…

Telegram Says They Haven’t Heard of Gram Asia, Token Sale Was a Bluff

As it appears, Telegram GRAM token sale, which was announced yesterday by Liquid, a Japanese exchange, won’t happen after all. At least not on Liquid and not by Gram Asia. This was a big bluff, and many journalists took the bite. As we reported earlier, news of Telegram‘s digital token GRAM being listed on Liquid Exchange shook the crypto-internet. Liquid announced that they had partnered with Gram Asia, which reportedly was introduced as the largest holder of the native TON token in Asia. The exchange explained that they will have…

Nasdaq Joins Hands With CryptoCompare to Provide Institutional Data for Crypto Prices

Photo: CryptoCompare The world’s second-largest stock trading platform Nasdaq is making all attempts to bring institutional players in the crypto market. Although Nasdaq is yet to launch any crypto-related trading product of its own, reports suggest that it is experimenting a few. In April 2019, CoinSpeaker reported of Nasdaq testing a Bitcoin-trading product. The latest report is that Nasdaq has entered a strategic partnership with CryptoCompare to launch a new cryptocurrency pricing product called the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices. CryptoCompare is one of the industry’s leading players for providing…

IOTA Is Down The Liquidity Rankings Despite The Promise of Coordicide

IOTA stable, up 1.3 percent week-to-date The success of Coordicide will determine IOTA’s trajectory Coordicide dominates in IOTA Forums. Upon test and implementation, the platform will trailblaze within the IoT landscape. Meanwhile, IOTA is stable but down the liquidity rankings. IOTA Price Analysis Fundamentals The IOTA community is jubilant because of Coordicide. Consensus among critics and supporters is that the transaction validator, in Coordinator, is indeed a central point of failure. Its downtime can severely cripple IOTA’s ecosystem. In a new white paper explaining how the blockless IOTA, meeting the…