Ripple price is trading nicely above the $0.2200 and $0.2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0.2300 resistance area. There is a new connecting bullish trend line forming with support near $0.2190 on the hourly chart of the XRP/USD pair (data source from Kraken). The main hurdles on the upside for the bulls are near $0.2300 and $0.2350. Ripple is gaining bullish momentum above $0.2200 against the US Dollar, similar to bitcoin above $7,000. XRP price is likely to…
Day: November 27, 2019
In Nod to Crypto Community, Twitter Won’t Purge Hal Finney’s Account
Crypto Twitter members breathed a collective sigh of relief today after some reassurance from the man himself. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. It started with a tweet by bitcoin rewards app Lolli, which asked Dorsey and Twitter what would happen to the @halfin handle in light of the social media platform’s pursuit to shutter inactive accounts. Hal Finney was a software engineer and cryptographer who is famous for receiving…
Bitstop Installs One-Way Bitcoin ATMs In Simon Malls
Bitstop, a Bitcoin Automated Teller Machine (ATM) operator, has partnered with Simon Malls, one of the biggest shopping mall operators in the United States, to install Bitcoin ATMs across California, Florida and Georgia. According to the November 26, 2019, announcement, Bitstop’s ATMs are now live in five Simon Malls locations. The company’s chief executive and co-founder Andrew Barnard stated the firm is hoping to increase its network of machines from about 500 to over 2,000 by the end of 2020. Answering Market Demand for Bitcoin ATMs “Coming across a dedicated…
Upbit Is the Seventh Major Crypto Exchange Hack of 2019
These seven major hacks remind us: not your keys, not your crypto. Author: John Biggs Source link
Lebanese Bitcoiners Show How to Talk About Crypto At Thanksgiving
“I believe bitcoin is helpful, especially for expats looking to send money to help family in Lebanon. I’ve actually been getting a few calls about that today,” another bitcoiner in Beirut said, noting he helped up to 35 families do so this month, with each transaction worth more than $10,000 in bitcoin. Author: Leigh Cuen Source link
India Plans to Issue a National Blockchain Framework
The Indian government is drafting a paper outlining a new national blockchain framework, a minister wrote Wednesday. Author: David Pan Source link
Ethereum Scaling Fix Cuts Time to Create a Block in Half, Test Finds
Akomba’s results indicate BDN could have a modest but potentially cascading effect on block propagation in the Ethereum mainnet, one of the largest public blockchains and one of the more expensive to transact on, with gas prices around 20 cents. It is also a frequent target in the scalability debate. Author: Danny Nelson Source link
MARKETS DAILY: UpBit Hack Reactions & Crypto Liquidity Insights
On today’s episode, we’re talking markets reaction to UpBit exchange hack, crypto liquidity, and VeChain’s November rally. Author: Adam B. Levine Source link
HSBC to Track $20 Billion in Assets on a Blockchain Next Year
According to the report, HSBC intends to move its current paper-based records onto its Digital Vault platform by March 2020, allowing investors to track securities in real-time. The U.K.-based bank will specifically digitize its private placement records, allowing investors to quickly check on holdings. Author: Nikhilesh De Source link
Swiss Government Moves to Remove Legal Barriers for Blockchain Development
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament. Author: Daniel Palmer Source link