Opinion

At the beginning of 2020, Binance, the world’s most lucrative cryptocurrency exchange, began its presentations of new features and developments based on the provision of their services. The top crypto exchange included various additions that backed-up numerous fiat currencies globally. As per its current features, the Turkish Lira (TRY) was among the new modifications, functioning as gateways allowing customers to bind their Visa cards with the technology. In turn, they could purchase XRP, BNB, Ethereum, and even Bitcoin.  A New…

Over the hurdle at $8000, there was an extension in the BTC/USD rally. However, it is also possible to exhibit a lower retracement towards $8400 or $8300 before another upsurge. Yesterday, Bitcoin’s price began a remarkable move on the upside, over the hurdles at $8200 and $8400. The price was eventually within a range before another rally over the hurdles at $8500 and $8600. Bitcoin Price Analysis There was an additional upsurge, over $8800, and settled well over the 100…

Peter Schiff predicted a looming decline in the price of Bitcoin to $1000, some time ago. Nevertheless, since currently, the prediction did not come true, Bitcoin’s price is on the upside, above $8500. As per CoinmarketCap and Kitco, Bitcoin’s price surged by 7.5% within the previous week, while Gold declined by 4%. On the other hand, the XAU/USD price attained highs of $1610 on the 8th of January but after that fell dramatically. At press time, the price was at…

On the 13th of January 2020, a press release announced the acquisition of Plaid by Visa. To acquire the technology company, the payment giant paid $5.3 billion. Some time ago, Plaid came up with a network allowing easy connection of users’ financial accounts to the apps they utilize in managing their finances. Plaid’s products allow users to share financial information with numerous apps and services. Coinbase also uses plaid’s services to get the banking information of customers. The crypto wallet…

Monero (XMR) gets considered the leader of privacy coins in the cryptocurrency domain, as Bitcoin gets viewed as the leader of the crypto market. However, participants in the Bitcoin community have various receptions for the top fungible coin. Some of them accept that it possesses potential, while others deny it. Bitcoin and XMR continue to move forward, but atomic swaps between them could happen soon. A developer is involved in the establishment of cross-chain atomic swaps is known as Joel…

About four months ago, CME Group announced its plans to launch Bitcoin options on futures. The platform, however, announced the opening of its options market for investors and traders. CME revealed this through its official Twitter handle, mentioning that it provides better capital efficiencies and another means of managing Bitcoin exposure. CME Group first announced the introduction of a regulated Bitcoin options market. Bakkt also delivered the product last month by opening its Bitcoin Monthly Futures Contract. Additionally, FTX also…

There is an aspect of crypto and blockchain, usually utilizing ideas to obtain value from blockchain’s principal success. One instance of such is Bitcoin Hard Forks. Recently, an Etheereum product developer, known as David Hoffman, tweeted his bullish sentiments supporting Bitcoin transactions on Ethereum. The notion of running Bitcoin on a second faster chain always gets suggested. EOS has been trying to make such happen. The impact of the growth of Bitcoin networks drives the markets with stores of value…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary • The Crypto Market ends the week at a total market capitalization of $214 billion • Bitcoin price responds to international conflicts and breaks past the $8,000 mark • Ethereum finally goes  above the $130 barrier and sets sights on the $150 stopover • Ripple joins the market renaissance and bullishly climbs above the $0.20 mark • The conflict between the United States and Iran escalates, which increases…

The BTC/USD price is on the upside above the supports at $7800 and $7700. If the pair reaches $8200, it may start a fresh uptrend. Last week, the pair commenced a downside retracement from the $8473 high. However, the price returned to the downside under the supports at $8200 and $8000. The price also got remarkably supported at $7700 and $7600. A Look at the 4-hour BTC/USD Chart The 4-hour BTC/USD chart shows the price established a level over the…