Tag: Support

Ripple Price (XRP) Holding Key Support: BTC & ETH Bounce Back

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Ripple price is finding a strong buying interest near the $0.2850 level against the US dollar. The price is currently consolidating and it is likely to climb back above $0.3000. There is a connecting bearish trend line forming with resistance near $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could start a fresh increase if it surpasses the $0.3000 and $0.3050 resistance levels. Ripple price is trading in a positive zone against the US Dollar, while bitcoin is rebounding. XRP price must stay…

Coinbase Looks to Add Support for Telegram and 16 Other Digital Assets

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San Francisco-based crypto exchange and wallet provider Coinbase has announced the support for Telegram and 16 additional digital assets. Coinbase adds support for 17 digital assets On Sept. 19, cryptocurrency exchange Coinbase announced that it is considering the addition of a range of new assets; namely, Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh, and Telegram. Coinbase added that it intends to explore assets that have not yet launched and which Coinbase may choose to support in the future.  Telegram, for example,…

Bitcoin Owners Are Giving Away Altcoins to Support TOR Project

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On the lighter side of things in the cryptosphere, some Bitcoin (BTC) owners have been donating altcoins to the TOR Project — a nonprofit organization primarily responsible for running “The Onion Router.” For some Bitcoiners, the trend is a way of killing two birds with one stone — supporting the TOR Project and getting rid of “shitcoins.” As for the latter half of the equation, Bitcoiners appear keen to extend the running gag of altcoins being worthless. “Donate shitcoins, stack sats” Earlier in September, Bitcoin maximalist and co-host of the “Tales from…

European Commission Releases New Support Paper on Blockchain – Further Funding for Startups Encouraged

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The Joint Research Centre at the European Commission has just published a new Blockchain tome (128 pages) called ‘Blockchain Now And Tomorrow – Assessing Multidimensional Impacts Of Distributed Ledger Technologies’  in order to help Brussels politicians with the European policymaking process when it comes down to Blockchain. The EC has taken a holistic approach and is aiming to position Europe at the forefront of blockchain innovation and uptake.  advertisement Overall the report avoids the FUD normally associated with blockchain technology vis-à-vis cryptocurrency and remains positive – pushing for more funding…

Crypto Exchange OKEx Korea Ceases to Support 5 Cryptocurrencies

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OKEx Korea, an international cryptocurrency exchange, notified in a statement originally made on 10th September that it will cease to support five cryptocurrencies; Monero (XMR), DASH, Zcash (ZEC), Horizon (ZEN) and Super Bitcoin (SBTC). The company will end transaction support on October 10th and the end of withdrawal facility two months later, on 10th December. In the statement made, OKEx Korea claimed that the reason for the termination of support was because the following five cryptocurrencies breach the conditions set forth by the Financial Action Task Force (FATF) by infringing…

Tron’s Justin Sun is Giving Away $1.2 Million in Support for Andrew Yang’s UBI Initiative

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As part of the UBI initiative to weather the onslaught of automation, Tron’s Justin Sun give $1000 to 100 people every month from next year totaling $1.2 million in one year. Justin Sun, the founder and CEO of the Tron Foundation, has pledged his support for Andrew Yang’s initiative of universal basic income (UBI). In the latest, the U.S. Democratic Presidential Candidate Andrew Yang said that he will donate his campaign funds giving away $1000 to 10 people every month, starting next year in 2020. Justin Sun, who usually prefers…

Crypto Market And Bitcoin Holding Support: BCH, Litecoin, EOS, XLM Analysis

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The total crypto market cap is holding the main $250.0B support area, with positive signs. Bitcoin price could recover as long as it is above the $10,000 support area. Litecoin (LTC) price is eyeing an upside break above the $73.00 and $75.00 resistances. Bitcoin cash price is currently consolidating above the key $300 support area. EOS price is trading in a range above the $4.000 support, with bullish signs. Stellar (XLM) price is likely to make another attempt to surpass the $0.0600 resistance. The crypto market cap is showing positive…

Cryptocurrency Payments Processor BitPay Adds Support for Ether

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Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH). Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has also made it possible for users to store and use Ether in a BitPay wallet, and for BitPay Prepaid Visa Card holders to top up their debit cards. Ether joins Bitcoin and Bitcoin Cash Launched in 2011, BitPay processes payments…

Bitcoin Price Drops $200 in Minutes as $10.2K Support Shows Cracks

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Bitcoin (BTC) price suddenly dropped by roughly $200 in minutes on Sept. 16 as commentators nevertheless revealed broad belief that upwards growth is imminent.  Market visualization. Source: Coin360 Bitcoin price should eye $10,700 to spark uptrend Data from Coin360 revealed a rare period of almost level trading for Bitcoin overnight, having spent the weekend trading in a narrow corridor between $10,175 and $10,435.  Press time levels of $10,160 nonetheless showed a lack of support for $10,300, which had characterized the largest cryptocurrency since Sept. 13. Previously, a more volatile week…

HTC Adds Native Bitcoin Cash Support to Its Flagship Smartphone

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The bitcoin cash community now has a new way to secure and transact its digital money, as HTC adds native BCH support to its Exodus 1 smartphone. A key reason the technology manufacturer has chosen to do so is that many consumers are using BCH as a payment method and HTC wants to see a future where merchants use the Exodus to receive BCH payments. Also Read: David Chaum’s Elixxir Invites Smartphone Users to Test Private Messaging HTC Exodus 1 Now Supports Bitcoin Cash Taiwanese consumer electronics manufacturer High Tech…