Bitcoin Blockchain and Cryptocurrency News Center
On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn was designed to provoke efficiency within the Stellar ecosystem, the CoinTelegraph writes. Crypto market data daily view. Source: Coin360 The […]
The total crypto market cap is currently in a range above the $230.0B support area. Bitcoin price is currently consolidating above the key $9,000 support area. EOS price is trading above the $3.200 support area and facing resistance near $3.350. BCH price is currently correcting lower and it is approaching the $280 support area. Tron […]
In addition to Bitcoin, there are many other coins to choose from. Stellar is just one of the promising altcoins for investing. Lots of people compare it to Ripple. Indeed, they have a common past but are not used for the same purposes. Let’s study the future plans of Stellar Lumens developers to understand and predict the possible price of this promising cryptocurrency. […]
In addition to Bitcoin, there are many other coins to choose from. Stellar is just one of the promising altcoins for investing, the U.Today predicts. Lots of people compare it to Ripple. Indeed, they have a common past but are not used for the same purposes. Let’s study the future plans of Stellar Lumens developers […]
Hester Peirce, commissioner at the United States securities regulator, believes that the exchange-traded fund (ETF) application by the Winklevoss twins should not have been rejected. She has requested her co-commissioners to be open to innovation in the ETF space because a Bitcoin ETF, if passed, is likely to boost investment by large players. Facebook is […]
Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, believes that the adoption of the blockchain technology by mainstream technology companies and interest by Wall Street firms helped start the rally. He now expects Bitcoin to remain range bound between $7,000 and $10,000. Bitcoin has seen a massive run in 2019. When the price is […]
The chief commercial officer of cryptocurrency payments processor BitPay believes that Bitcoin will only rise higher, led by business interest and real use cases for cryptocurrencies around the world, the CoinTelegraph writes. Contrary to this opinion, a report by the United States think tank, the Congressional Research Service, claims that cryptocurrencies are being used for […]
Analysts believe that the rally in Bitcoin might witness a short-term blip but is likely to resume its up-move and reach $9,659 by year’s end. The reason for the rise can be attributed to various positive developments in the crypto field and also to the ongoing trade war between the top two economies of the world, China and the United […]
Crypto markets are welcoming a series of good news. The much-awaited platform Bakkt has finally announced that it will start testing Bitcoin futures trading in early July of this year. This is likely to attract a lot of institutional investors. Though cryptocurrencies are not strongly correlated to any asset class, the sharp fall in U.S. stock prices due to the escalation […]
Though institutional players have been dabbling in cryptocurrencies, they are yet to take sizeable positions. This might change with the launch of Bitcoin trading by Fidelity. According to certain sources, the financial giant is only weeks away from offering cryptocurrency trading for institutional clients. While Bitcoin futures trading is already available, an unnamed official of the Commodity […]