Tag: News
Crypto Enthusiasm in India Not Dented by RBI Ban: Paxful Survey
Details from a recent survey by peer-to-peer Bitcoin (BTC) trading platform Paxful show that crypto sentiment in India continues to be optimistic despite opposition from the central bank and government officials.
With the Supreme Court overturning the earlier ban by the Reserve Bank of India (RBI) ..
South Korea Launches Digital Currency Intiative as BIS Expects CBDC Adoption
Over the past few months, there’s been a growing buzz about central bank digital currencies or centralized cryptocurrencies; responding to China’s efforts to digitize the yuan and the launch of Libra by Facebook and the world’s top Silicon Valley firms, the governments and monetary authorities of th..
Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit
In brief:
Bitcoin (BTC) has this morning reclaimed the $7,000 value once again. Its movement is amidst global reports of some countries winning the war against the Coronavirus. With halving only days away, Bitcoin might continue with its upward trajectory. In our Saturday analysis of Bitcoin, Ether..
Tron (TRX) Ventures Into DeFi With its Revolutionary DApp, JUST
In brief:
The team at Tron had been working on a DeFi platform known as Djed. The Mainnet was launched today, April 4th. The DApp has been rebranded to JUST. Decentralized Finance, or simply DeFi, has been one of 2020’s highly anticipated use cases of cryptocurrencies and blockchain. As the name su..
Tron’s (TRX) Bug Bounty Continues to Bear Fruit as the Network Blossoms 2 Years...
In brief:
Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch. For close to two years, the Tron Mainnet has continued to live up to expectations of the community. Its Bug Bounty program is one reason the network continues to..
XRP Price Analysis: Bulls Back in Control but Analyst Warns $0.078 is Possible
In brief:
Initially, XRP/USD looked set to lose the $0.16 support zone. The coin has since reclaimed $0.17 and is currently trading at $0.1766. However, one analyst warns this might be a brief rally. In the last 24 hours, the crypto markets have gained $11 Billion in market capitalization. The tota..
Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits...
In brief:
The team at Binance has made 3 major announcements in less than 24 hours. Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). Secondly, the team launched a new OTC trading portal. Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX). Th..
Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?
In brief:
The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8.23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. The ETH/USDT 6-hour chart is exhibiting bearish signs that are further confirmed by..
Binance Coin Price Analysis: BNB Could Reclaim $14 But the Trend is Still Bearish
In brief:
Binance Coin was not spared by the crypto market turmoil seen on the 12th and 13th of March. BNB dropped to a level of $6.40 last seen in February of 2019. The prominent alt-coin might reclaim $14 but the general trend is still in a downward trajectory. However, possible news developments..
How Bitcoin’s (BTC) Current Price Around $6,000 is Reminiscent of 2018
In brief:
Bitcoin has so far defied the Death Cross which is evident on the daily chart. The King of Crypto is currently trading at $6,350, reclaiming the important $6,000 support zone. However, the current price movement is reminiscent of 2018 and could fall further as all markets are affected by ..
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