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Category: Cryptocurrency Market

Lee Proposes A Voluntary 1% Donation From Litecoin Miners

Charlie Lee, Litecoin’s founder proposed a new method for funding Litecoin’s development by mining pool donations. In a tweet published on January 24th, the founder proposed the new way to fund the development. The founder proposed a 1% block reward donation (0.125LTC) for the Litecoin foundation. If every miner were to obey the request, the […]

Justin Sun Aims To Make Tron As Great As Apple

Tron blockchain technology founder Justin Sun has publicly admitted to have been counselled by Apple’s co-founder Steve Wozniak on how to make Tron as successful as apple. The Tron CEO made the public admission in a tweet praising Wozniak’s guidance. Justin Sun, who is also the CEO of BitTorrent, added that he was humbled to […]

$850 For ETH By September

Ethereum experienced a big push in the crypto market earlier last week that resulted in a rise in ETH’s price to $165. Ethereum continued and tested the $180 region briefly before a correction back to $160. Earlier in the midweek, the number one altcoin retested the $170 mark for the second consecutive day although it […]

Vodafone Walks Out On Libra In Favor Of Its Own Digital Currency Platform

Vodafone is the latest company to withdraw support from Facebook’s digital currency Libra amid tough monitoring and regulations from regulators. The attention created by Libra seems to scare away other multinationals who are not accustomed to such tight regulatory spots as Facebook. The telecommunications company joins the likes of MasterCard and PayPal who fled the […]

Cardano (Ada) Bullish Case

The ADA currency went up 35% YTD to $0.046 and hit a new 2020 high less than 24 hours ago. These levels were last seen in September 2019. At a market cap of $1.18 billion, ADA is currently the 12th largest crypto. At the moment, it has only dropped by 1.87% to $0.454 according to […]

Does XRP’s Commodity Classification Mean A Bullish Scenario For The Currency?

The last couple of months, Ripple has been trading at the $0.30 psychological level. Its despairs were worsened by a lawsuit where its early investors lamented that the company sold them unregistered securities. It is likely that this confusion is making investors steer clear of its assets. But what if these lawsuits did not exist […]

Analysts Still Adamant Bitcoin Will Peak Despite an Aggressive Downtrend

The last 24 hours haven’t been the best for bitcoin. Earlier on, crypto enthusiasts witnessed a downtrend with a price slip of 7%. The coin fell from a promising $9,150 to $8,600 with some exchanges registering as low as $8,450. The new trend seemed brutal for traders who expected the price to shoot up after […]

Dash Price Analysis

The pair of Dash and the US Dollar has declined from its 2020 peak to test a new price. The new price is $90. This drop has happened in the midst of a tensed selling activity. The main bulls for this coin must now pull above the declining trendline resistance. This is the only way […]

Ripple Market Update Today

XRP by Ripple has had some of the best times in the market in the recent past. At the moment, Ripple’s XRP is looking for a balance that is above the 50 SMA. This is in the 4-hour range. The new direction has been taken after the coin had a sharp rejection from the low […]

Konya Set To Introduce Its Own Crypto Coin This Year

Reports have indicated that a city in Turkey is soon launching its own virtual coin. It has been confirmed that the initial steps towards achieving that are in order. The person who confirmed the news is Ugur Ibrahim Altay, the mayor of Konya, Turkey. About The Launch Turkey seems to be on the way to […]
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