Bitcoin flipped into positive territory ahead of the New York opening bell, tracking US stock futures’ gains as investors pinned hopes on Washington’s economic relief package. The benchmark cryptocurrency jumped 1.48 percent from its Asian session intraday low of $19,051. Its move uphill took it up to $19,333, raising prospects …
Read More »IOTA Foundation: Chrysalis Development Positive, Efforts on Functionality Audit
The second phase of Chrysalis is progressing well, according to the latest update from the IOTA Foundation on Dec 11. Chrysalis Phase 2 Chrysalis is the intermediate stage before Coordicide. Here, IOTA will eliminate the central coordinator for a fully decentralized, infinitely scalable, and secure distributed ledger network powering the internet …
Read More »Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to …
Read More »Risks of Bitcoin Correction Grow on Positive Moderna Vaccine Trial
Bitcoin was trading higher ahead of the New York opening bell Monday but risked shedding its intraday gains on Moderna’s latest announcement. The tech-savvy pharmaceutical firm updated earlier Monday that its experimental coronavirus vaccine is 94.5 percent effective in protecting people from catching the infection. That marked the second successful …
Read More »Chainlink (LINK) Soars 10% Higher Amid Positive Fundamental Trends
Chainlink (LINK) has gained 10% in the past 24 hours as Bitcoin has continued to hold in the $13,000 region. The popular altcoin currently trades for $12, its highest price in many weeks. The coin is currently the top-performer in the top 10 cryptocurrencies, outpacing Bitcoin’s 1.5% gain, Ethereum’s 5% …
Read More »Bitcoin, Dow Futures Slid As Trump Tests Positive for COVID-19
Bitcoin plunged alongside the US stock futures in early morning trading on Friday after Donald Trump revealed that he and his wife Melania tested positive for coronavirus. Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER! …
Read More »Top DeFi Coins Maker, Compound, & More Slip 5% Despite Positive Fundamentals
It’s been a great past day for Bitcoin but not for DeFi coins. After stagnating around $10,700, BTC surged higher to a local high around $10,950 — the highest price in around a week. Decentralized finance coins, on the other hand, have slipped lower. According to data from CoinGecko, some …
Read More »Here’s Why VISA’s Mentioning of Bitcoin Is Positive For the Space
Pundits of cryptocurrencies and Bitcoin supporters alike all agree, that the biggest barrier to adoption is mainstream acceptance. It won’t be until crypto achieves VISA-level penetration that the asset class has a chance to replace cash. But how fast does that happen if VISA themselves fully embrace the emerging asset …
Read More »Why Regulators Allowing US Banks to Hold Bitcoin Is So Positive for Crypto
On Wednesday, the Bitcoin and crypto market was treated with positive news from U.S. regulators. The Office of the Comptroller of the Currency (OCC) wrote on July 22nd that American banks are allowed to hold cryptographic keys. That’s to say, U.S. financial institutions can be a custodian to one’s cryptocurrency. …
Read More »Ripple (XRP) Showing Positive Signs But This Resistance Holds The Key
Ripple is currently correcting higher from the $0.1783 low against the US Dollar. XRP price is showing positive signs, but it must surpass $0.1850 to continue higher. Ripple slowly gaining traction and it is trading above the $0.1800 level against the US dollar. The price is facing a couple of …
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