Ripple (XRP) Bulls Facing Uphill Task & Risk of Short Term Correction Escalates

Ripple is facing a significant resistance near the $0.2900 area against the US Dollar. XRP price could decline a few points towards $0.2700 before it could rise again. Ripple price is struggling to climb towards the main $0.3000 resistance area against the US dollar. There were more than two rejections noted near the $0.2880-$0.2900 area. There is a short term declining channel forming with resistance near $0.2825 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could correct lower towards the $0.2700 and $0.2650 levels…

Ethereum Flirts With Key Resistance: Here’s Why It Could Correct Before Fresh Rise

Ethereum price extended its rise above the $220 resistance area against the US Dollar. ETH is currently facing hurdles near $230 and it could correct in the short term. Ethereum is facing a key resistance near the $230 area against the US Dollar. The price might correct a few points towards $223 or $220 before climbing again. There is a major bullish trend line forming with support near $225 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is now trading well above the key $10,000 resistance…

Most Active and Impactful Blockchain Companies from 2019 to 2020

Last year was an interesting one for blockchain and cryptocurrency, contrasting with past years in ways that go far beyond mere finance. It was a banner year for the maturation of the whole space, and not just in terms of the dollar price of your favorite cryptocurrency. Instead, 2019 has proven to those paying attention that blockchain is more alive than ever, and is exemplified by the growing sector’s most impressive and active participants. 1) Crypto custody and clearing gain momentum Gemini – Owned and operated by Cameron and Tyler…

Ripple’s XRP Makes “Huge” Achievement, Setting Stage for Strong Price Surge

XRP didn’t have a good 2019 by any means. The third-largest cryptocurrency, third to Bitcoin and Ethereum, actually fell by 50% against the dollar in 2019, dramatically underperforming Bitcoin’s 95% gain and a near-record run in the stock market and in real estate. But, over the past few weeks, prospects for the leading altcoin have improved, with XRP’s technical and chart health improving as cryptocurrency prices have recovered across the board. Related Reading: This Simple Analysis Says Bitcoin Will Jump 15% to $11,500 in Coming Weeks According to a top…

Coronavirus Cover Up Threatens to Topple the Chinese Government

Calls for free speech have ramped up online among Chinese citizens. The death of the doctor who was silenced for sounding the alarm on coronavirus has outraged the nation. A missing citizen journalist is the latest to add fuel to the growing resistance against government censorship. The coronavirus epidemic has shown no signs of slowing over the past week, and many are starting to look more critically at Beijing’s handling of the crisis. More specifically, Chinese citizens are starting to question whether their government’s crack-down on “rumors” has put their…

“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder

In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018. Cred attracted some attention last year when it enabled a California politician to purchase cannabis with Bitcoin Cash (BCH). The politician was the first elected official to use cryptocurrency to purchase cannabis in the United States, according to Cointelegraph, in a demonstration meant to show how blockchain and…

Is Donald Trump’s Iowa Poll Lead A Death Knell for 2020 Democrats?

In two tweets on Sunday, Donald Trump touted strong poll numbers in Iowa. He currently leads Democrats there for the general election vote. Iowa is an important bellwether state not only because of its headline-making caucuses but because it usually picks winners in November. President Trump will hold a Monday rally in New Hampshire on the eve of the primary. Buttigieg and Sanders are tied there for first in the primary. Donald Trump touted his strong Iowa poll numbers Sunday. The president tweeted a graphic of poll numbers showing him…

What Caused Bitcoin Price to Surge Past $10K Over the Weekend?

Since Dec. 18, 2019, in less than three months, Bitcoin’s (BTC) price surged by 68% against the United States dollar. It surpassed the $10,000 level on Feb. 9, marking the start of a full-blown crypto market rally for most. The sentiment around the recent Bitcoin rally remains divided amongst investors. Joe007, for instance, one of the biggest whales in the cryptocurrency market, has been adamant that the upsurge has been a result of pure manipulation. Other investors like Adaptive Capital general partner Willy Woo and Three Arrows Capital CEO Su…

Liverpool Must Stop Complaining About Fixtures and Go All-Out for the Treble

Jurgen Klopp has been a fierce critic of English football’s calendar this season. Liverpool could still win the Premier League, FA Cup and Champions League. Only by matching Manchester United’s treble in 1998/99 can Liverpool be labeled the best ever Premier League team. Jurgen Klopp has not been backward in coming forward. The Liverpool manager is no fan of English football’s calendar, and he has not been shy in broadcasting that opinion in recent weeks. Most controversial was his decision not to turn up to Tuesday’s FA Cup fourth-round replay…

Jeff Bezos Is Selling Because Amazon Stock Is In Serious Trouble

Jeff Bezos unloaded $4 billion worth of Amazon stock last week. Rumor has it, Bezos and girlfriend Lauren Sanchez are shopping for a swanky L.A. house. But he doesn’t need $4 billion even for a mega mansion. He’s taking profits while Amazon stock is inflated beyond all reason. AMZN’s insane P/E ratio of 90 is a total break with reality. Jeff Bezos has been on an Amazon stock (NASDAQ:AMZN) selling spree. In the last week, he dumped $4 billion worth of shares in the company he founded. (As an aside,…