Archive for February 13th, 2020

$10K Bitcoin Prompts Influencers to Call a Bull Market

February 13, 2020 | By | Reply | 37 Readers More
$10K Bitcoin Prompts Influencers to Call a Bull Market

Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback that followed, BTC investors and influencers have no issue believing […]

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EOS Price Analysis: Rally Could Extent To $7.00 or $7.50

February 13, 2020 | By | Reply | 33 Readers More
EOS Price Analysis: Rally Could Extent To $7.00 or $7.50

EOS price is surging higher and it broke the $5.000 resistance level against the US Dollar. The price traded to a new 2020 high at $5.517 and it is currently consolidating gains. There is a major bullish trend line forming with support near $5.100 on the 4-hours chart of the EOS/USD pair (data feed from […]

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From Bitcoin to state-controlled CBDCs, is ‘cryptocurrency’ losing its identity?

February 13, 2020 | By | Reply | 36 Readers More
From Bitcoin to state-controlled CBDCs, is ‘cryptocurrency’ losing its identity?

More than a decade ago, Satoshi Nakamoto published the Bitcoin whitepaper, forever changing the lives and livelihood of countless people around the world. He had pointed out the “inherent weaknesses of the trust-based model” and proposed an “electronic payment system based on cryptographic proof instead of trust.” A cryptocurrency. Bitcoin defined what a cryptocurrency is, […]

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Huobi Argentina Adds Fiat Gateway For Bitcoin and Tether (USDT)

February 13, 2020 | By | Reply | 39 Readers More
Huobi Argentina Adds Fiat Gateway For Bitcoin and Tether (USDT)

One of the world’s largest cryptocurrency exchanges, Huobi, is adding a new service for its Argentinian branch. Dubbed Huobi Argentina, it now allows customers to directly exchange Argentine Peso (ARS) for Bitcoin and Tether (USDT) and vice versa. Huobi Argentina Fiat Gateway In September 2019, the Singapore-based cryptocurrency exchange announced the opening of Huobi Argentina. […]

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XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

February 13, 2020 | By | Reply | 36 Readers More
XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]

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SBI Crypto And Northern Data Partner To Build US’ Biggest Bitcoin Mine

February 13, 2020 | By | Reply | 40 Readers More
SBI Crypto And Northern Data Partner To Build US’ Biggest Bitcoin Mine

In recent years, there has been a continuous acceleration in the development of new technologies such as fintech, IoT, Big Data, AI, and other related fields. Much of this is due to investment from major companies, like the SBI Group, based out of Japan, which have been proactively investing in venture companies within these fields […]

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Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President

February 13, 2020 | By | Reply | 33 Readers More
Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster.” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage.” Also read: Fed […]

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Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet

February 13, 2020 | By | Reply | 36 Readers More
Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet

Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. The partnership was only recently discovered after a Twitter user pointed out the Bank Asia logo in an official Ripple document on Feb. 10. Still, the partnership must be well over a month old, given that the document in question was published in December […]

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Cardano Price Analysis: After 120% Surge In 2020, Can ADA Hold Above The Crucial $0.7 Resistnace?

February 13, 2020 | By | Reply | 37 Readers More
Cardano Price Analysis: After 120% Surge In 2020, Can ADA Hold Above The Crucial $0.7 Resistnace?

Cardano created a fresh 7-month price high today after increasing by a total of 5% to reach a price of $0.72. The cryptocurrency has experienced strong growth over the past 30-days as it surged by 82%. It also created a fresh 7-month high against Bitcoin as it breaks above the 650 SAT level. Key Support […]

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Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon

February 13, 2020 | By | Reply | 32 Readers More
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon

U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations focusing on transparency will be rolled out soon. Also read: […]

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