Month: February 2021

Advertisment Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that it has appointed Aaron Zhou as its first China-based technical outreach specialist. Zhou’s hire is the latest addition to a growing team of technical and business outreach professionals within Bitcoin Association, dedicated to improving enterprise […] This Blockchain Press Release: Bitcoin Association appoints first China-based technical outreach specialist to increase enterprise awareness of Bitcoin SV appeared first on Blockchain Read more …

In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66   As shown on markets.Bitcoin.com, after this price surge, the market capitalization of XRP went up to almost $28 billion, a figure close to double that of Read more …

Stratis, the leading Blockchain as a Service (BaaS) platform that makes it easier for businesses of all sizes to adopt DLT has announced a significant development that could potentially make it a formidable force in the enterprise blockchain solutions sector. The platform has received an initial investment along with a commitment for further investments of at least a few million over the next two years from Alphabit –a digital asset investment fund. The Stratis Platform is known for its ability Read more …

PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of the platform’s loan requests came from institutional investors. According to CEX.IO LOAN, such an increase in demand can be attributed to the institutionalization of the cryptocurrency industry. Institutional investors, who have cryptocurrencies in their possession, regard it Read more …

Bitcoin (BTC) starts a new week with $30,000 intact and a message of support from the world’s richest man — what can we expect next? As trading resumes around the world, the largest cryptocurrency is still lacking decisive momentum up or down. Cointelegraph takes a look at five factors which could play a part in shaping Bitcoin price trajectory in the coming days. Stocks wary of “Reddit raiders” Equities began Monday with volatile behavior after seeing their worst performance since Read more …

Gene Simmons, a rock and roll legend and a known fan of cryptocurrencies like Bitcoin (BTC), has reaffirmed his bullish stance on crypto by purchasing several cryptos. The Kiss frontman said on Feb. 1 that he now owns several cryptocurrencies including XRP and Dogecoin (DOGE). Simmons did not hint at how much he invested and noted that his statement is not a recommendation.  Not recommending any of these to anyone. But yes, I also bought Dogecoin, XRP and others. Make Read more …

Bitcoin (BTC) is on the verge of seeing broader acceptance, Elon Musk, the CEO of Tesla, said in a Clubhouse conversation on Feb. 1. Clubhouse is an exclusive audio chat social media platform that is invite-only. Members can join various conversations, akin to an online private conference. “I am late to the party but I am a supporter of #Bitcoin.” – Elon Musk — Dan Held (@danheld) February 1, 2021 Elon Musk publicly comments about Bitcoin During the conversation with Read more …

Ripple started a strong rally after it settled above $0.3000 against the US Dollar. XRP price is up over 50% and it even cleared the $0.5000 barrier to move into a positive zone. Ripple started a strong increase after there was a break above $0.3000 and $0.4000 against the US dollar. The price is now trading well above $0.5000, and the 100-day simple moving average. There was a break above a major bearish trend line with resistance near $0.5000 on Read more …

 Popular trading app Robinhood has stepped in to prevent its customers from trading stocks such as GameStop given how much they’ve rallied. This has prompted criticism from Reddit users, who immediately hopped on social media to tout cryptocurrency as legitimate investment tools that cannot be controlled. Both Bitcoin and Dogecoin prices have surged after they have gotten the attention of the social media community. In response to Robinhood’s step, U.S. cryptocurrency exchange, Bittrex, started offering the tokenized stocks that Read more …

Following the day the Tesla founder, Elon Musk, added the Bitcoin hashtag to his Twitter profile, the popular Carolina Panthers offensive tackle, Russell Okung told his social media followers to put the Bitcoin hashtag in their bio. Okung has managed to get hundreds of people to do it, but more recently the NFL player started a decent train of celebrities with very large Twitter follower counts to join the bandwagon too. Russell Okung: ‘Plant the Flag to Declare You’re Ready Read more …

Ethereum struggled to clear the $1,400 resistance and declined to $1,275 against the US Dollar. ETH price is struggling, but it could recover once there is a clear break above $1,350. Ethereum topped near the $1,375 level before dropping back to $1,275. The price is now trading below the $1,350 pivot level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,345 on the hourly chart of ETH/USD (data feed via Read more …

Bitcoin price corrected lower, but it remained well bid above $32,000 against the US Dollar. BTC is currently rising, but it must clear the $34,000 resistance for a steady increase. Bitcoin is slowly gaining momentum above the $33,000 and $33,200 resistance levels. The price is currently trading above the $33,500 level and the 100 hourly simple moving average. There is a major declining channel forming with resistance near $34,000 on the hourly chart of the BTC/USD pair (data feed from Read more …