Cryptocurrency News
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is […]
Even though Bitcoin lending was one a prominent business model, the industry seems stuck in a rut. It is a business model which is hardly ever talked about in the open. The new report from GrayChain confirms things are still looking good despite some rather troublesome figures. How this industry […]
Monero Price Analysis (XMR/USD) On an intraday chart, XMR/USD has experienced significant loss over the last 24hrs. The bearish pressure was bolstered by the 21 day moving average that strongly traded above the 7 day moving average throughout the intraday. XMR has down surged by 6.6%, having begun trading yesterday […]
Crypto transactions are carried out via two keys, a private and public key, that link cryptocurrency assets to their owners. Digital wallets are software that store those keys, enabling users to monitor their funds and send and receive coins by interacting with various blockchains. There are three basic types of […]
With the emergence of the digital economy in full swing, disruptive technologies like blockchain and artificial intelligence (AI) are being tapped to not only innovate but also to improve upon and upgrade existing operation standards across multiple industries and sectors. Hardened Tech In many instances, these new technologies and solutions […]
Everyone can see the cryptocurrency markets aren’t heading in the right direction. Bitcoin is bleeding value once again, which automatically forces the rest of the markets to follow suit. With Ethereum dipping below $180 and Litecoin not sustaining $80, the remainder of the week looks rather bleak once again. Bitcoin […]
Stablecoins continue to play an increasing role of importance in the crypto industry. Particularly Tether’s USDT remains one of the most prominent offerings. SinpleSwap now lets users convert USDT in between all the supported chains this asset is issued on. An interesting option, although it is unclear how useful it […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Presently, the XRP cryptocurrency is the third one on the market in terms of capitalization, which is $12.8 billion. The XRP is currently trading at $0.2975. Unfortunately, this digital asset has been declining recently, testing local minimums, as well as other altcoins. Anyway, […]
As cryptocurrencies gain momentum day by day, Satoshi Nakamoto’s dream of a decentralized, digital currency catering to the needs of the common man seem to be coming true. Bitcoin and other digital coins have made their mark. Yet, there is a huge barrier when it comes to cryptocurrencies being used […]
Rumors regarding various countries looking to create their own Bitcoin competitor have persisted for some time now. Until this week, there was no indication any major country would go through with those plans. China, on the other hand, is looking to shake up the financial markets once again. By creating […]
Bitcoin Price Analysis (BTC/USD) After a sharp dip that took place back on 10 of August at 11:00, the market seemed to have taken a pause to consolidate on an intraday price chart. Hourly resistance level $11536.91 continues with support level defined at $11341.29. Notably, both the significant level was […]
Bitcoin Price Analysis (BTC/USD) According to an hourly chart, BTC/USD pair has been facing a high vitality in the last 24hrs. BTC/USD pair has thereby slightly dipped by 0.89% since it opened trading yesterday at $11914.02 and is now at $11807.04. The moving averages have intertwined that signaled a lack […]
Lightning cables used for charging Apple devices have become very common over the past decade. Most consumers can distinguish this cable from others simply by giving it a quick glance. However, not all lightning cables are the same. Some of them, while they might look legitimate, will effectively allow criminals […]
Blockchain and cryptocurrency projects often fall apart due to a lack of interest and use cases. Thankfully, it seems a lot of projects which have been around for multiple years are finally hitting their stride. Surprisingly enough, a lot of these projects – according to ConsenSys – are using Ethereum […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Litecoin, presently being the fifth cryptocurrency in terms of market capitalization, has halved the payments to miners. Another halving has reduced the payment for a block from 25 LTC to 12.5 LTC; at the same time, the difficulty of mining has grown […]
It is not entirely uncommon for cryptocurrency exchanges to do something wrong, either willingly or by accident. In the case of London-based trading platform Cryptophyl, a recent airdrop kerfuffle could have caused the company several billion dollars. Thankfully, the company froze withdrawals in time. It does not appear as if […]
Finding a cure for cancer has been an ongoing battle of wits for multiple decades. Although some solutions are entering the trial stage, their long-term success is anything but guaranteed. Surprisingly, it seems a new solution to combat breast cancer comes in the form of using electromagnetic fields. Breast Cancer […]
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the price of BTC/USD pair has succumbed an intense bearish pressure. Having begun the session yesterday trading at $12197.51 that was followed by a false breakout that rolled the price down to currently changing hands at $11624.60. The downward move was seen […]