Price Analysis

IOTA Set for More Exposure on U.S Exchanges After New 2.0 CRC Rating

Source Node: https://coinfomania.com/iota-set-for-listing-on-u-s-exchanges-crc-rating/?utm_source=rss&utm_medium=rss&utm_campaign=iota-set-for-listing-on-u-s-exchanges-crc-rating
Time Stamp: April 3, 2020 6:10 PM - Modified On: May 21, 2021 - Published By:
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IOTA (MIOTA), the native token of the distributed ledger technology project led by the IOTA Foundation, could potentially be listed on more cryptocurrency exchanges in the United States in the coming weeks, Coinfomania has learned. The anticipated listing spree, which has already begun with a Bittrex Exchange listing earlier today, follows a recent rating report published by the Crypto Rating Council (CRC) on IOTA. The digital asset has until now been sparsely traded on U.S exchanges. The reason is that its properties and mode of initial distribution (a token sale)

VanEck: Bitcoin Correlation to Gold Jumped in 2020 Amid Market Sell-off

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Time Stamp: April 3, 2020 2:38 PM - Modified On: May 21, 2021 - Published By:
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New York-headquartered investment management firm, VanEck has revealed in a new report that Bitcoin’s correlation to gold has risen significantly in 2020, especially during the recent broad market sell-off caused by the COVID-19 pandemic. According to the report published by Gabor Gurbacs, a Digital Asset Strategist at VanEck, Bitcoin’s correlation to gold has surged since the turn of the year and especially in recent weeks, further strengthening the debate the cryptocurrency is maturing as a safe-haven asset. Source (VanEck report) While the rest of the equity markets dipped in the

Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-3-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 3, 2020 2:19 PM - Modified On: May 21, 2021 - Published By:
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On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the government and Federal Reserve is likely to announce another round of stimulus measures.All the money printing is likely to erode the value of the US dollar. In such a case, the investors will search for

Bitcoin Bull Mike Novogratz Says He Might Ditch BTC if it Fails to Hit $20k This Year

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Time Stamp: April 3, 2020 1:58 PM - Modified On: May 21, 2021 - Published By:
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As Bitcoin (BTC) struggles to recoup the 2020 gains it shredded last month amid the Coronavirus pandemic, Mike Novogratz of Galaxy Digital is still bullish on the cryptocurrency, and he believes that BTC still has much more to offer. Novogratz predicts BTC at $20k in 2020 More like a life bet on Bitcoin, Novogratz said in an interview with CNBC’s Closing Bell segment on Thursday that he is ready to retire if the world’s most valuable crypto doesn’t hit the $20,000 mark this year. Speaking optimistically, the CEO of Galaxy

Battle of Elrond Launches on Samsung Galaxy Store

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Time Stamp: April 3, 2020 11:53 AM - Modified On: May 21, 2021 - Published By:
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The Battle of Elrond, a blockchain-based game from Elrond Network, is now available on Samsung dApp store to give users of the Samsung Galaxy and Note, the opportunity to interact with a medieval multiplayer 5v5 PVP arena. The development, according to the announcement today, is a product of a collaboration between Samsung and Elrond. The game will support a blockchain-based in-game economy integrated by the Samsung Blockchain Wallet and new players will receive $ERD, Elrond’s native token, as a welcome bonus for 5 PvP games.  The move was first revealed

Crypto Price Analysis: Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC)

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Time Stamp: April 3, 2020 11:08 AM - Modified On: May 21, 2021 - Published By:
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While the general cryptocurrency market is recording profits over the last 24 hours, Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC), are in their bear markets.  The cryptocurrencies have reached the oversold regions of the market. Presently, the altcoins are in bullish momentum recovering from the previous losses. BCH/USD Major Trend: Bearish Bitcoin Cash (BCH) is in a bear market. The bulls have been making concerted efforts to come out of the downtrend. One of the attempts is the breaking of the resistance line

Ripple’s Co-founder Chris Larsen Fully Recovers From Coronavirus Infection

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Time Stamp: April 3, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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Chris Larsen, the co-founder and executive chairman of Ripple has become the latest COVID-19 Survivor, as he announced Thursday that he has fully recovered from the infectious Coronavirus.  With over a million people currently infected with the virus and more than 53,292 dead, Larsen said he is indeed grateful for his recovery.  Sharing his experience on Twitter, the Ripple executive expressed his gratitude to everyone on the frontlines who took it upon themselves to keep him and other COVID-19 victims safe.  He further encouraged those who have recovered from the

What to Expect When You’re Expecting… the Bitcoin Block Halving

Source Node: https://cointelegraph.com/news/what-to-expect-when-youre-expecting-the-bitcoin-block-halving
Time Stamp: April 2, 2020 4:39 PM - Modified On: August 29, 2021 - Published By:
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Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which was followed by a massive decline,” Bill Herrmann, CEO of alternative investment banking firm, Wilshire Phoenix, told Cointelegraph in an email on March 10. Herrmann also pointed out that Bitcoin’s market has matured compared to past years, noting that information available to

Confirmed! Brandon Chez Steps Down as Binance Completes Acquisition of CoinMarketCap

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Time Stamp: April 2, 2020 10:32 AM - Modified On: August 29, 2021 - Published By:
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It all started out as a rumor and many thought it was just another April Fool’s prank, but it is now official. Binance has acquired the largest cryptocurrency data tracking site, CoinMarketCap (CMC), the exchange announced today. The coming together of the largest crypto companies is considered an industry milestone, as it could eventually result in significant opportunities, especially in the area of cryptocurrency data tracking, which will contribute to the growth of the industry. While commenting on the development, the CEO of Binance, Changpeng Zhao (CZ), said that the

Ethereum Price Analysis: ETH Consolidates Below $140 Resistance, a Breakout Likely

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Time Stamp: April 2, 2020 8:36 AM - Modified On: August 29, 2021 - Published By:
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Key Highlights Ethereum is now in a tight range between $120 and $140 Currently, the key levels remain unbroken Ethereum (ETH) Current Statistics The current price: $138.05 Market Capitalization: $15,233,939,691 Trading Volume: $13,027,554,720 Major Resistance Zones: $175, $200, $225 Major Support Zones: $125, $100, $75 Ethereum (ETH) Price Analysis April 02 Yesterday, Ethereum (ETH) rebounded from a low of $129 to a high of $$137. The upward move fell short of the bullish momentum to break the $140 overhead resistance. The market has been in consolidation since March 12. Initially,