Tether (USDT), A Blip and Another Opportunity For Bitcoin (BTC) Bulls

Bitcoin (BTC) shed $4 billion after NY OAG sue iFinex Tether controversy force Bitcoin liquidation The OAG of New York is after iFinex, and from their documents, officials say the Hong-Kong based exchange, BitFinex are contravening NY Laws and therefore suing them. With additional evidence that the exchange “raided” Tether’s coffers and probably affecting the peg, clients are worried. Even so, Bitcoin (BTC) is stable, reversing earlier losses. Bitcoin Price Analysis Fundamentals There is sell pressure, and if we check the reaction of the crypto and the Bitcoin market, then…

Bibox Announces Bibox Orbit, Offers Opportunity to Buy into Four Blockchain Projects

The well-known digital asset exchange Bibox has embarked on a mission to expand the blockchain ecosystem. As a part of its initiative, the Estonia based company has announced the launch of Bibox Orbit, set to go live on April 22, 10:00 (GMT +8).  Bibox Orbit is a token launch platform that is designed to enable the community to get involved in high quality decentralized projects, encouraging their development and deployment. The Bibox Orbit program has already short-listed 4 projects which exhibit a huge potential. The projects, handpicked from hundreds of…

Ethereum (ETH) Price Corrects Sharply: Is This Buying Opportunity?

ETH price traded further higher towards the $180 level before correcting lower against the US Dollar. The price dipped sharply below the $170 and $165 support levels to move into a short term bearish zone. Yesterday’s highlighted key bullish trend line was breached with support at $173 on the hourly chart of ETH/USD (data feed via Kraken). The pair found a strong buying interest near the $155 support and it is currently moving higher. Ethereum price started a major downside correction after a massive upside versus the US Dollar and…

Crypto Bear Market Provides Opportunity For Major Corps, As CP Group Acquires Omise

The crypto bear market has been the longest on the record books, causing most cryptocurrencies to decline in value by 85% or higher. While the flight of capital from the crypto market has been brutal for retail crypto investors who bought in at the height of the hype bubble, the bear market has proven to be a unique opportunity for corporations seeking to enter the blockchain or cryptocurrency arena. The latest example of this was demonstrated by the acquisition of Omise, by Thailand’s wealthiest company, CP Group. CP Group is…

Bitcoin Is a Technology, Not a Business Opportunity, TRON CEO Tells Mainstream Media

Criticism of Bitcoin (BTC) by big business is misplaced, blockchain developer network TRON’s CEO Justin Sun told CNBC in an interview on March 13. Speaking to the network about the general state of the cryptocurrency markets, Sun, who is also CEO of BitTorrent after the company bought the file sharing network in June 2018, said their appeal to the younger generation remained unchanged by the current bear market. “Even if Warren Buffett, he dislikes Bitcoin, but still I think this is a very good opportunity for the younger generation,” he…

Opportunity for Litecoin (LTC), Kroger Bans Visa Citing High Fees

Litecoin (LTC) trading above $35, bullish Can Kroger accept cheap LTC after banning Visa credit cards due to high fees Participation levels low days after prices rocketed from $20. If by any chance Kroger accepts Litecoin after banning credit card fees due to high fees, Litecoin (LTC) will surge. The coin is up to fifth and 4.6 percent from last week’s close as bulls cement their position shaking off sellers. Litecoin Price Analysis Fundamentals From inception, Litecoin founders were very specific. With all the pomp of a censorship resistance and…

Every Dip a Buying Opportunity in XLM/USD and ADA/USD

After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price Analysis EOSIO 1.4.3 Releasehttps://t.co/BfKJssq0W4 — Block.one (@block_one_) November 8, 2018 In a bid to make EOSIO more usable, the developer team are launching EOSIO 1.4.3 and EOSIO.CDT Version 1.4.0. The aim here is to improve…

Every Low a Buying Opportunity for ADA Bulls

Regardless of the politics around ZRX CoinBase listing, ADA could possible bottom up despite yesterday’s losses. Overly, we maintain a bullish stand now that there has been a strong correction from 2017 highs with bears threatening to dip below ADA’s all-time-lows at 6 cents. Latest Cardano News As I type this, ZRX, an ERC-20 token of The Ox protocol is live at CoinBase. Well, the results are obvious and have been the source of anger, postulation and criticism moments after CoinBase availed ZRX for their US customers. While some of…

Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers

According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their market share. Financial Crisis Provides Growth Opportunity Last month in September 2018, Athena Bitcoin launched the first Bitcoin ATM in Argentina in a Buenos Aires shopping center. Athena Bitcoin is…

Ethereum Co-Founder: “There Isn’t An Opportunity For Another 1000x Growth”

Vitalik Buterin Questions The Growth Potential For Blockchain & Crypto The cryptocurrency has its fair share of contrasting opinions, some optimists believe that this new asset class will sweep across the world in a matter of years, while the pessimists on the other side of the coin hate this newfangled technology with a blazing passion. But to the shock of many, Vitalik Buterin, one of the foremost co-founders of the Ethereum project, recently spoke with Bloomberg to question and outline the future growth potential for this world-changing industry. Speaking with the…