Ripple and JPM Coin Serve the Same Purpose: World Economic Forum Report

February 15th, 2020

Ripple (XRP) and JPM Coin, a floating and a stable coin, respectively serve nearly the same purpose according to the latest report by the World Economic Forum. XRP and JPM Coin were listed as examples of crypto-assets designed for inter-or intra-bank payments and settlements.   “Ripple’s XRP is designed for inter‑ or intrabank payments and…

Stellar Price Analysis: XLM Finds November High and Falls – Where To Next?

February 13th, 2020

Stellar saw a 4% price hike today as the cryptocurrency reached $0.80. It has climbed even higher than this but met resistance at a bearish .382 Fib Retracement which caused it to roll over and fall lower. The cryptocurrency has now seen a 61% price explosion over the past 30-days as it currently sits in…

Tether Partners With Chainalysis To Curb Anti-Money Laundering

February 12th, 2020

Chainalysis, a blockchain analysis company, has announced the formal partnership between it and Tether. The firm will be able to track the tokens cycle which will ensure real-time anti-money laundering (AML) compliance solution. This has been largely a demonstration of trust from Tether to its users. Chainalysis Know Your Transaction (KYT) Know Your Transaction (KYT)…

Ripple Price Analysis: XRP Rolls Over From $0.29 Resistance – Can Bulls Defend $0.26 (200-days EMA) For A Rebound?

February 11th, 2020

XRP met strong resistance at the $0.29 level which caused the cryptocurrency to roll over and fall. Over the past 30-days, it is still up by a total of 25.5%, giving it greater gains than that of Bitcoin in the same period. XRP is now headed back toward the 200-days EMA and if it falls…

Over $178 Mn Worth of Tezos Traded in 24 Hrs As Volumes Reach ATH; Is This an Opening For 5$?

February 10th, 2020

It’s a Tezos’ coronation. It’s vesting of a new king and a “killer” project. Statistics reveal that XTZ, the native currency of the smart contracting blockchain, is king. XTZ Trading Volumes at new Highs XTZ bulls are fired up. The coin is up by double digits in the past trading week, adding 32%, and 97%…

Ethereum Price Analysis: Trend Remains Bullish, but Pullback from $225 Possible

February 7th, 2020

Ethereum logs a new high for the year at $220. On shorter time frames, the price quickly reversed to $216 after reaching the psychological resistance level. The price of Ethereum [ETH] at 5: 10 hours UTC on 7th February 2020 is $218. The long term resistance to ETH is currently at the mid levels of…

Bitcoin Firm and on a Solid Uptrend as President Trump is Acquitted

February 6th, 2020

US President Donald Trump has been acquitted by GOP Senators. The decision to “free” the president from the accusation of abuse of power seems to be a breath of fresh air for the capital market and Bitcoin, which at the time of press, is stable and treading above the psychological $9,500. Acquittal Sums up an…

Bitcoin Dominance Falling, Ripple Soaring, Is The Altcoin Season On?

February 5th, 2020

The dominance of Bitcoin (BTC) is down to 64% as Ripple (XRP) emerges as the top-performing asset in the top 10. Bitcoin, the most valuable, is watched and tracked by market participants. As an asset that has over time evolved to be a store of value, a medium of exchange, and an anchor from where…

With XRP BitMEX Derivative Launch Tomorrow, Is Crypto Market Priming for Alt-season?

February 4th, 2020

Ripple’s XRP led the alt-season and crypto bubble of 2017. While the ICO bubble in Ethereum hyped the market to astronomical highs, XRP was the highest gainer. However, two years post its’ burst, the price has failed to break bullish. It has continued to trade below $0.3 for a greater part of the year 2019….

Trouble May be Brewing in IOTA, Founder Says the Project Cannot be held Hostage

February 3rd, 2020

David Sonstebo is clear that IOTA Foundation cannot be single-handedly held hostage. This comes after one of the former IOTA Board members, Sergey Invancheglo, going by the handle CFB, complained on Twitter that David has refused to release his mIOTAs, and for this he will be contacting his lawyers, subsequently taking legal action against David…