Top 5 Promising Cryptocurrencies to Invest in 2020

Cryptocurrency has grown from a few million market capitalization in 2013 to almost $830 billion in 2017, becoming one of the most promising investments in today's economy. However, with over 2 000 crypto coins available today, choosing an ideal coin to invest in can be pretty daunting, especially for beginners with no background in crypto trading. Bitcoin is still the leading crypto to invest in in 2020. Still, bitcoin trading's intense volatility means that traders should look at innovative ways…

Kelly Loeffler Dumps Millions as COVID-19 Causes Market Crash

On March 20, 2020, reports show that Senator Kelly Loeffler, the founder, and CEO of Bakkt exchange, was involved in possible insider trading as per a 20th March 2020 report. The senator dumped most of her stocks shortly before the latest market crash  The disruption of global markets and daily life appears to have been a beforehand knowledge to the Trump administration before going public. A secret senators meeting may have been instrumental in briefing them on this. Interestingly, the…

The Near Term Aim Of The BTC is to Break Above The $7,000 Level

The BTC prices have experienced an upside correction during the past week after forming a decent support base over $4,000. The correction earmarked a price gain momentum above the $4,500 mark trading at above the $5,000 level of resistance. The coin experienced a break above the initial $5,500 resistance, causing a surge above the $6,000 mark. The price surge however hit a snug at the $7,000 resistance level and the 4 hours 100 simple moving average. A new weekly high…

87 Crypto Pairs Facing Bitfinex Axe Due to Low Liquidity Levels

87 crypto pairs trading on the Bitfinex exchange are staring at the chop. The exchange outlined plans to delist them owing to their low liquidity levels. The move is effective March 26, 10:00 AM UTC Optimizing Trading Experiences According to Bitfinex, the decision was informed by the need to consolidate and improve the exchange's liquidity. Additionally, the move will streamline and optimize trading experiences for its customers. The firm holds that it took the decision after tracking the affected pairs…

BTC Still on Shaky Ground Despite Recent Bullish Price Action

The prospects seem brighter for a majority of coins, including Bitcoin (BTC). At the moment BTC is trading above the $6k level. The digital currency's price has been climbing from yesterday. So significant was the leap that by the time of going to press it had hit the $6,634 mark. This is according to data from CoinMarketCap.  Analysts have been chiming in with their reasons for being bullish about the digital currency. Hunter Horsely, The CEO of Bitwise Asset Management,…

Opera Brings Its US Users Options to Buy Crypto via Apple Pay or Debit Card

Opera users residing in the U.S can now buy cryptocurrencies with their debit cards and Apple Pay accounts, the Norwegian company has said.  The users can access the new service on Opera Touch, the firm's flagship Android and iOS browser. Additionally, the service is available via a crypto wallet embedded in its desktop browser. Blockchain-enabled Browser Opera introduced the first Blockchain-enabled browser In December 2019. It features a built-in crypto wallet and Dapp explorer. It later integrated the inbuilt wallet…

BTC and ETH Holders to Score Big in the Revamped BlockFi Interest Structure

BTC and ETH holders are set to earn more in the revised BlockFi interest structure the firm has announced. According to Zac Prince, the firm's founder cum CEO the changes take effect on April 1. BlockFi Improved Offerings  The announcement indicates that Tier 1 BTC holders with up to 5 BTC on the platform will earn a 6% annual percentage yield (APY). On the other hand, Tier 1 ETH holders, those holding up to 500 ETH on the platform will…

5 Reasons Why More Charitable Organizations Should Accept Donations in Cryptocurrencies

About six months ago, UNICEF launched a cryptocurrency fund in partnership with the Ethereum blockchain platform that would enable it to receive, store, and distribute funding in crypto. UNICEF stated that they wanted to explore the opportunities offered by cryptocurrencies as the digital currency gateway to shape future generations' lives. Today the fund is up and running, and it accepts donations in bitcoin and ether. This is not the only or the first global charitable organization to have recognized the…

Bitcoin May Recover Further in the Coming Days

Over the past few days, Bitcoin experienced poor performance as its price plunged to $3800 on March 12th. However, the bulls started to rally the next day slightly, when the BTC price rose to $5000 and further managed to hit a high of $5900 as traders picked up the pace. Many crypto analysts, however, believe that Bitcoin will recover in the coming days. Top Analysts’ and Crypto traders’ Views on Bitcoin Prices Flib Flib, a very experienced crypto trader, anticipated…

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