Archive for November 3rd, 2020

Up or down? Monero (XMR) price prediction for November

November 3, 2020 | By | Reply | 17 Readers More
Up or down? Monero (XMR) price prediction for November

There is still a level of uncertainty surrounding the Monero project If the Monero price jumps above $130 the next target could be located at $135 or even $150 As long the price of Monero is above $100 this cryptocurrency is not in the “sell” zone The price of Monero (XMR) is trading above $115 […]

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Cardano (ADA) Price Analysis: Breaks Key Support, More Losses Possible

November 3, 2020 | By | Reply | 16 Readers More
Cardano (ADA) Price Analysis: Breaks Key Support, More Losses Possible

ADA price started a fresh decline from well above the $0.1000 support against the US Dollar. The price is now trading well below the $0.0920 support and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0960 on the 4-hours chart (data feed via Kraken). The price […]

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Bitcoin: When should you buy and when should you wait? 

November 3, 2020 | By | Reply | 19 Readers More
Bitcoin: When should you buy and when should you wait? 

In the previous two articles, we laid down the premise and scaled-down the time periods to understand when you should buy Bitcoin. In this article, we’ll narrow it down to quick and frequent moves with a surprising result and layout the conclusions. Like before, the rules at the start are maintained for this iteration which […]

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Xapo Leaves Venezuela, 20m Brave Internauts, Oversubscribed IEOs + More News

November 3, 2020 | By | Reply | 16 Readers More
Xapo Leaves Venezuela, 20m Brave Internauts, Oversubscribed IEOs + More News

Source: Adobe/zphoto83 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Crypto wallet provider Xapo, owned by Coinbase, is the latest international venture to exit Venezuela – with the firm emailing users in the country to let them know […]

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Bitcoin Bounces $500 Off Monday Lows Despite Election Uncertainty

November 3, 2020 | By | Reply | 14 Readers More
Bitcoin Bounces $500 Off Monday Lows Despite Election Uncertainty

Bitcoin has undergone a strong bounce since the Monday lows of $13,200, set in a rapid crash lower that liquidated millions. The price of the leading cryptocurrency currently is $13,750, up over $500 from the aforementioned lows. On the day, Bitcoin is up 1.5%, outpacing a majority of altcoins including Ethereum but somewhat underperforming the […]

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China’s digital yuan is ‘a long way’ from beating USD says financial firm exec

November 3, 2020 | By | Reply | 15 Readers More
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec

David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a reserve currency, CNDC reports Nov. 2. According to Roche, China’s central bank digital currency, or CBDC, could hypothetically beat the U.S. dollar as a reserve […]

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Hong Kong’s SFC Plans To Regulate Local Cryptocurrency Exchanges

November 3, 2020 | By | Reply | 16 Readers More
Hong Kong’s SFC Plans To Regulate Local Cryptocurrency Exchanges

Cryptocurrency trading platforms in Hong Kong will soon be subjected to full legal scrutiny as the nation’s financial watchdog plans to release a new regulatory framework. The Hong Kong’s Securities and Futures Commission (SFC) announced that it plans to regulate all cryptocurrency exchanges in the country, Reuters reported Tuesday. Hong Kong has struggled in the […]

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Ripple Price Analysis: XRP Struggles to Remain Above $0.24 As Bitcoin Dominates

November 3, 2020 | By | Reply | 17 Readers More
Ripple Price Analysis: XRP Struggles to Remain Above $0.24 As Bitcoin Dominates

XRP/USD – Buyers Continue To Defend October Lows Key Support Levels: $0.235, $0.228, $0.22. Key Resistance Levels: $0.245, $0.251, $0.261. XRP fell beneath the symmetrical triangle pattern at the end of October and headed toward the 100-days EMA. It found support at the 200-days EMA but fell below it yesterday. Despite this, XRP remained supported […]

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No, Miner Capitulation Isn’t Why Bitcoin Dropped Yesterday (Opinion)

November 3, 2020 | By | Reply | 17 Readers More
No, Miner Capitulation Isn’t Why Bitcoin Dropped Yesterday (Opinion)

Bitcoin, after a massive rise to last year’s high, trimmed gains in a sudden selloff yesterday. YouTube-based BTC commentator Carl Martin a.k.a The Moon, opined that the cryptocurrency is experiencing selloff from miners. But is that actually true? Is bitcoin dipping because of miner capitulation? Nope, there’s no tangible proof to corroborate the same. Carl […]

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Financial System ‘Not Working,’ Users ‘Very Eager’ For Crypto

November 3, 2020 | By | Reply | 18 Readers More
Financial System ‘Not Working,’ Users ‘Very Eager’ For Crypto

Dan Schulman. Source: a video screenshot, Youtube/Axios Dan Schulman, CEO of online payments giant PayPal, has presented his diagnosis of the current financial system’s shortcomings, claiming it is inefficient and causing millions of people to be excluded, as the company expands into cryptocurrencies. “The pandemic has brought focus to the stark reality that billions of […]

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