blockchain

Litecoin price prediction: LTC to $200, analyst

TL;DR Breakdown Litecoin price prediction expects a rise towards $200. Litecoin must hold the crucial support found at the $100 mark. Strong resistance currently lies at the $147 mark. Strong support currently lies at the $129 mark. Following the cryptocurrency market, Litecoin price followed a descending channel since 14th January. The sharp downward trajectory does appear […] …

blockchain

Russian exchange, Livecoin terminates services after abrupt hack

TL;DR Breakdown: Livecoin has decided to close its business and repay users. The exchange was involved in a cyber-attack that took away their control of the platform. Livecoin, one of the long-running digital currency exchanges in Russia, has been forced to shut down its services after several attempts to regain control of the platform’s server. […] …

blockchain

Mitsubishi to optimize energy trading on blockchain

TL;DR Breakdown: Mitsubishi is developing an energy trading system with Tokyo. The platform will use blockchain technology to facilitate transactions. Mitsubishi Electric, one of the core subsidiaries of Mitsubishi, announced on Monday the development of a new blockchain-based system geared towards energy trading. The blockchain system was developed in partnership with one of Japan’s largest […] …

blockchain

JPMorgan: $100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Above $40,000

JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this stage. Nikolaos Panigirtzoglou, the lead strategist at JPMorgan said that they are currently keeping a close
The post JPMorgan: $100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Above $40,000 appeared first on Coingape. …

blockchain

Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest

The majority of decentralized finance (DeFi) coins have seen extremely strong rallies since the start of 2021.
The post Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest appeared first on CryptoSlate. …

blockchain

Mt Gox compensation for victims to roll out soon

TL;DR Breakdown CoinLab set to compensate MT Gox victims Mixed feelings trail  CoinLab proposal Victims of the 2014 Mt Gox incident now have something to be hopeful about as help seems to be on its way. Following several postponements of Mt Gox compensation or rehabilitation for victims, CoinLab Inc., alongside Nobuaki Kobayashi, plans some form […] …

January’s Spotlight: Meet Cartesi (CTSI)

There have been various fundraising mechanisms in the cryptocurrency space that gained and then fell out of popularity over the years. Starting with ICOs (initial coin offerings), moving to IEOs (initial exchange offerings), and now IDOs (initial DEX offerings), the way in which projects raise funds has continued to evolve. Although currently ICOs are almost […] …

blockchain

Ripple legal strategy against SEC lawsuit revealed —Report

TL;DR Breakdown Ripple prepares defense for SEC lawsuit. The pretrial conference of the case is set for February 22. A new report has shown how Ripple is planning to defend the lawsuit filed against it by the Securities and Exchange Commission (SEC) of the United States. Yahoo Finance published the report. According to the lawsuit, […] …

blockchain

Ethereum Rival NEAR Protocol Rallies 106% As DeFi Gains More Presence

Smart contracts facilitator and blockchain platform NEAR Protocol has gained 106% in the last month. The recent consolidation of the platform has attracted the attention […] …

blockchain

Bitcoin price dip below $34,000

TL;DR Breakdown Bitcoin price dropped below $34k in the last 24 hours. Almost $500 million crypto futures were liquidated. In the last 24 hours, almost $500 million cryptocurrency futures positions were liquidated when the Bitcoin price dropped below $34k. As of last night, the leading crypto asset saw its value increase by close to 7%. […] …

blockchain

Chainlink price prediction: LINK moves towards $18 support after rejection yesterday

TL;DR Breakdown  LINK/USD currently trades around $20   After a rejection yesterday, Chainlink continues moving lower  Strong support still around $18  Chainlink price prediction for next week is still bearish as the LINK/USD has exhausted itself. LINK currently trades around $20, with a market cap of $8.1 billion.  Cryptocurrency heat map by Coin360 Chainlink Price Prediction: […] …

blockchain

Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal

Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching […] …

blockchain

Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal

Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching […] …

blockchain

Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More

The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k.  The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken
The post Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More appeared first on Coingape. …

blockchain

Litecoin price prediction: LTC to $154, analyst

Litecoin price prediction expects a rise to $154. Strong resistance currently lies at the $142 mark. Strong support currently lies at the $138 mark. The Litecoin price prediction by Vince Prince suggests that Litecoin LTC will bounce see a bounce near the $140 range and rise towards the $154 resistance level. On the 17th of […] …

blockchain

Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days

While Bitcoin (BTC) has been trading currently in downward pressure of around $36,250, institutions and whales have started accumulating once again. The Bitcoin (BTC) price is down by more than 10% over the last week, and Grayscale Bitcoin Trust (GBTC) has entered a buying spree once again. Over the last three days, Grayscale has accumulated
The post Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days appeared first on Coingape. …

blockchain

Kraken suspends trading XRP

TL;DR Breakdown Kraken suspends XRP trading Only U.S users affected Like how crypto exchanges have been announcing that they would suspend trading XRP, San-Fransisco exchange firm Kraken joined the pack. The exchange firm fixed suspending XRP trade on its platform for the end of January (29th). However, only US residents would be affected. Kraken users […] …

blockchain

Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining

The new BTC mining establishment will focus on offering expertise and financial services to crypto miners. It will also launch its own project to mine Bitcoin on a proprietary basis. …

blockchain

Bloomberg: Imperative for Bitcoin (BTC) to Surge If Ethereum (ETH) Has to Cross $1300

Bitcoin (BTC) and Ethereum (ETH) have slowly covered up the lost ground after their tumultuous price fluctuations on Friday, January 15. Off lately, the world’s two biggest cryptocurrencies have been moving in tandem with each other. Bloomberg analyst Mike McGlone writes that Ethereum (ETH) is currently eyeing levels above $1300 as long as BTC continues
The post Bloomberg: Imperative for Bitcoin (BTC) to Surge If Ethereum (ETH) Has to Cross $1300 appeared first on Coingape. …

blockchain

Polkadot surpasses XRP to grab the 4th slot

TL; DR Breakdown Polkadot (DOT) is now the 4th largest crypto by market cap XRP could suffer a catastrophic blow if ruled a security The crypto market is shifting again, and this time, the charts are re-arranging as Polkadot moves up by one position. The top 10 largest cryptos (by market cap) have always been […] …

blockchain

These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop

Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday.
The post These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop appeared first on CryptoSlate. …

blockchain

Millennials are the Backbone of the Crypto Market

The Millennial generation is likely to lead humanity into a phase of fintech as they hasten the adoption of Bitcoin. Researchers have discovered that cryptocurrency is three times more popular among members of the millennial generation than any other generation of Americans. They are increasingly choosing it as a long-term investment option. Millennials Around the […] …

blockchain

Binance Coin price prediction: BNB/USDT rejected further upside around $42

TL;DR Breakdown  BNB/USDT currently trades around $41.5   Binance Coin trades under a strong resistance  Closest minor support level around $40 Binance Coin currently trades around $41.5 and has a market cap of $5.9 billion. BNB has moved by 1.43 percent during the past 24 hours with a volume of $520 million. Overall, BNB/USDT has traded […] …

blockchain

Coinbase wants to make it easier for new crypto projects to be listed

Coinbase insists that its doors are open for any credible crypto to join its platform. However, only the cryptos that pass the listing procedure will be added onto the platform. In that sense, exchange makes it clear that it will only deal with coins that are compliant to regulatory policies. …

blockchain

Bitcoin Gold: What’s the future of Bitcoin Gold

In 2009, Bitcoin (BTC) was introduced on the premise that everyone could participate in its mining process, which was the case until BTC gradually increased in value. As more people joined the train, the competition also increased effectively, which tipped the balance in the elite miner’s favor who had switched to a more sophisticated mining […] …

blockchain

Tether (USDT) Conspiracy Tosses Again As We Arrive at The D-Day of January 15

Today, January 15th is a crucial day for crypto market as the conspiracy around the use of USDT stablecoin by Tether and its alleged relationship with crypto exchange Bitfinex is catching up the heat. Tether is once again in the limelight because the stablecoin issuer has pumped an additional $4.2 billion worth of USDT coins
The post Tether (USDT) Conspiracy Tosses Again As We Arrive at The D-Day of January 15 appeared first on Coingape. …

blockchain

Miami mayor mulls diversifying city’s reserve to Bitcoin

TL;DR Breakdown: Miami mayor is considering investing the city’s funds in Bitcoin. This comes as part of the plan to make Miami a crypto-friendly territory. The first Miami-born mayor, Francis Suarez, is optimistic about the largest cryptocurrency, Bitcoin (BTC), and he’s looking to make the city a Bitcoin-friendly region. During an interview with FOX Business […] …

blockchain

Bitcoin Ban: Fresh move to end crypto in UK initiated

TL;DR Breakdown Neil F. Liversidge initiates petition to end crypto transactions in the UK Petition requires 100,000 signatures before Parliament debate Neil F. Liversidge, managing director at an independent financial solution firm in the United Kingdom, West Riding Personal Financial Solutions Ltd, has filed a petition to prohibit Bitcoin and other cryptocurrencies transaction in the […] …

blockchain

What is the best Crypto Arbitrage tool?

What is Crypto Arbitrage? The basics of crypto arbitrage are simple: You buy one crypto on an exchange that offers the lowest price while trying to immediately sell on another exchange. This is arbitrage trade between exchanges and the main goal is to take advantage of price differences. The same can be and has been […] …