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Can a USD Digital Token Help Save the Primacy of Standard Currency?

28.5.2020
What in your opinion is Bitcoin and cryptocurrencies? Many, in common parlance, will answer that Bitcoin and cryptocurrency is digital and virtual money. While, on the other hand, Treasury Secretary Steven Munchin with others at the US Senate this week pointed at the future of the US Dollar....

Coinbase Acquires a New Tool For Buyers of 'USD 100M of Bitcoin'

27.5.2020
Source: a screenshot, Instagram/Coinbase In an attempt to attract more institutional traders, major crypto exchange Coinbase agreed to acquire another major player in the crypto industry, Tagomi, a New York-based crypto brokerage. Terms of the acquisition, that is pending regulatory approval...

XRP/USD Stumbles: Will Ripple’s Announcements Come to Rescue?

25.5.2020
It is fascinating to see how the crypto giants are putting their blood, sweat, and tears these days to ease the current agitation of investors. The market is fighting against bears with all its might, but bears are continually keeping the traders away from any soothing spell regarding the prices...

Lien Collaborates With Chainlink for Using ETH/USD

21.5.2020
Lien is excited to announce its collaboration with Chainlink. Chainlink is the leading decentralized oracle network. Lien is a protocol system for crypto products that can be operated without the need for any artificial governance mode. As it is stated in Chainlink’s whitepaper, the firm...

Bitcoin Topside Bias Vulnerable Below USD 10K, Altcoins Consolidate

19.5.2020
Bitcoin price started a downside correction after it failed to clear the USD 9,500 and USD 10,000 resistance levels. BTC/USD traded below the USD 9,850 support and tested USD 9,550. The price is currently (09:00 UTC) stuck in a range and seems to be facing a strong resistance near...

Bitcoin Stuck Below USD 10K, Altcoins Look Ready For Another Leg Higher

18.5.2020
This past week, there was a downside correction in bitcoin price from the USD 10,000 resistance. BTC/USD traded below USD 9,550, but it found support near USD 9,200. Recently, it started a fresh increase and broke many hurdles near USD 9,550 to revisit the USD 10,000 region. Also, many major...

Bitcoin Facing Uphill Task Near USD 10,000, Altcoins Stable

15.5.2020
Bitcoin price followed a bullish path after it settled above the USD 9,500 resistance. BTC/USD broke a couple of major hurdles near USD 9,800, but it faced an uphill task near the USD 10,000 resistance zone. As a result, there was a downside correction and the price is currently (08:30 UTC)...

Bitcoin Returns Above USD 9,000, Altcoins Drop Against BTC

13.5.2020
It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving. At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price is up by 35% in a month...

GBP/USD Highlights: Pound Weakens as it Falls to 1.22

13.5.2020
GBP/USD fails to retain the weekly gains around 1.24 as it falls back in the downward trading loop of 1.23 and 1.22. Pound failed to retain support from 50-day daily MA around 1.24 due to the weekly pullback against the US Dollar. The pair hit the double top at 1.26 on the last day of …

Bitcoin Struggling Near USD 9,000, Altcoins Show Signs of Life

13.5.2020
After halving, bitcoin price managed to settle above the USD 8,550 pivot level. BTC even climbed above the USD 8,850 resistance, but it seems like it is facing a major resistance near the USD 9,000 zone. If there is a clear break above USD 9,000, the price could start a strong rally. Looking...

EUR/USD Highlights of the Week; Ends the Week at 1.083

9.5.2020
EUR/USD ended the week above 1.080 after marking a rebound from an intraday low of 1.07 in Friday’s session, i.e., May 8, 2020. However, the Euro lacks a gradual support from 50-day and 200-day MA after a dip below 1.09 price area against the US Dollar. After the downward swing, the price trend...

Bitcoin Suisse Raising USD 56M, 'Free TON', Zcash Eyes Cosmos + More News

8.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According...

Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance

8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market. Although not unusual...

This Polish Crypto Miner Grows During Lockdown, Looks To Raise USD 3M

4.5.2020
A Polish blockchain company says that its user numbers are up despite the pressures of the coronavirus pandemic, and says that investors are flocking to a gaming sector that is booming – in spite of the health crisis pandemic. GamerHash says that building on improved results it is now eying...

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