Ripple Losses Favored, Bitcoin & Ethereum In Steady Decrease

Ripple price is now trading well below the $0.2000 and $0.1950 supports against the US dollar. XRP is facing hurdles, while bitcoin and Ethereum are declining steadily. There is a connecting bearish trend line forming with resistance near $0.1890 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could continue to decline unless it rallies above $0.1950 and $0.2000. Ripple price is trading in a bearish zone against the US Dollar, while BTC and ETH are moving lower. XRP price is likely to slide towards…

Whenever Bitcoin Prices Go Up or Down, Google Searches Soar

Last month, the value of Bitcoin (BTC) nosedived to around the $6,500 mark after having stayed above the $8,000 threshold for a considerable period before that. This downturn showcased Bitcoin’s worst market performance over the past seven months — with the flagship crypto asset’s last stoop below the $6,500 mark occurring in May.  However, even with this aforementioned reversal in BTC’s fortunes, data available on Google Trends suggests that global interest in the premier cryptocurrency seems to increase every time the asset witnesses sudden price movements — positive or negative.…

Can Ethereum Sellers Keep The Decrease Going Below $125?

Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar. The price is now facing a couple of key hurdles near the $126 and $128 levels. Yesterday’s key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is currently consolidating near the $7,200 support area, with a minor bearish angle. Ethereum price is slowly moving into a bearish zone versus the US Dollar and bitcoin. ETH price remains at a risk of more…

Cryptocurrency Influencers Speak Out On YouTube Deleting Crypto-Related Content

YouTube, one of the most popular social media platforms for video sharing, has aggressively started deleting cryptocurrency-related content from some of the biggest influencers in the industry. Based on Twitter and Reddit threads, YouTube suddenly began deleting a number of cryptocurrency videos on Dec. 23. YouTuber Chris Dunn, whose channel has over 210,000 subscribers, noticed on Monday that the platform had removed all of his videos that mentioned cryptocurrencies. Following this, Dunn tweeted, “@YouTube just removed most of my crypto videos citing ‘harmful or dangerous content’ and ‘sale of regulated…

Rob ‘Crypto Bobby’ Paone and Preethi Kasireddy on Fundraising, Halvings, and the Long Steady Slog of Crypto

Rob Paone, aka Crypto Bobby, got his start as a popular crypto YouTuber and has gone on to help build a number of crypto companies before launching his own technical recruitment firm. Preethi Kasireddy is the founder of the TruStory debate platform. In two individual interviews as part of The Breakdown’s end of year extra, both argue that a big part of the 2019 story was the slow, steady slog of building, and that, in some ways, 2020 may be poised for more of the same. Disclosure Read More The…

Buterin Wants to Speed Up Ethereum 2.0 Transition With ETH1-Friendly Validators

Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0. In a Dec. 23 post on the ETH Research forum, Buterin has set out an “accelerated schedule” for the transition from Ethereum 1.0 to Ethereum 2.0 through a new type of ETH validator referred to as “eth1-friendly validators.” According to Vitalik, this new alternative proposal will require less “rearchitecting” in the network. He wrote: “Specifically, it requires stateless clients, but NOT stateless miners and NOT webassembly, and so requires much less rearchitecting to…

Binance Expands Trading for Turkish Lira Trading Pairs

Binance, the second-largest exchange by daily trading volume, has extended trading capabilities for the Turkish lira (TRY) and added a new trading pair for the lira and the Russian ruble (RUB). Binance users can now trade Tether (USDT) against the Turkish lira (USDT/TRY) and the Russian ruble (USDT/RUB). According to an official announcement on Dec. 25, the exchange opened trading for the new pairs on Binance on Dec. 25 at 8:00 AM UTC. In addition, Binance Turkey’s community manager told Cointelegraph that the exchange has added order book trading for…

Binance.US Launches App’s Beta Test on Android Devices

Binance’s crypto exchange for United States-based users, Binance.US, is now available for beta testing on Android devices. In a tweet published on Dec. 25, Binance.US urged the public to participate in the beta test of the crypto trading application on Android devices. Through this testing phase, users will help Binance.US to identify possible flaws and work them out before the app’s launch for a wider audience. This comes right after the announcement of Binance.US app beta test phase for iOS users, on Dec. 18. Beta testers were set to use…

MARKETS DAILY HOLIDAYS: It’s Beginning to Look a Lot Like Bitcoin

On today’s holiday episode of Markets Daily, we are joined by Santa Clause for a bitcoin holiday classic. Written and performed by John Barrett. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Author: Adam B. Levine Source link

China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms

The stock exchange of China’s technology capital Shenzhen, the Shenzhen Stock Exchange (SSE), launched an index tracking the performance of 50 blockchain firms. According to an announcement on Dec. 24, the index will be based on the stocks of 50 companies listed on the SSE that participate in the blockchain industry. The top 50 blockchain-related stocks are ranked based on their average daily market value over the past six months. The index is updated two times per year: on the second Friday of June and December. Doing due diligence Before…