KryptoMoney
Crypto Money. Ethereum Price Forecast - ETHUSD Meets Resistance At $180 Level. In this Ethereum price forecast, the ETH/USD pair is facing resistance at the $180 price level.
However, if the bulls are able to break the said price level, the price will climb to the previous high of $200. Ripple Price Prediction - XRPUSD Could Rally Significantly Higher. In this Ripple price prediction, the XRPUSD pair is consolidating above the $0.35 price level and trades above the EMAs.
If XRP price is sustained, the bulls will break the $0.37 and $0.38 resistance levels. Ripple Price Prediction Ripple (XRP) price was in a bullish trend last week. XRP bulls broke the price level of $0.34 and reached a high of $0.37469, however, the price made a downward correction to the support of the 12-day Exponential Moving Averages (EMA). On April 5, XRP bulls resumed the bullish trend at the support of the 12-day EMA.
If the bullish trend is sustained above the EMAs, the price will break the resistance levels of $0.37 and $0.38. Bitcoin Price Analysis - BTCUSD Looks Set To Trade Further Higher. In this Bitcoin price analysis, the BTCUSD pair has traded above the $5,000 price level in the last 24 hours.
If the bullish trend is sustained, the price will reach the highs of $5,500 or $ 6,000. Tron's ‘Official’ Collaboration With Ethereum May Happen This Year, Hints CEO Justin Sun. Founder and CEO of Tron (TRX), Justin Sun asserts a surprising idea during an interview on The Crypto Chick podcast on April 6.
He thinks that this year Tron’s ecosystem will “officially collaborate” with Ethereum (ETH). To be precise Sund stated in response to a question about a recent tweet by Ethereum co-founder Vitalik Buterin about Tron, “even within this year we will see Tron even collaborate, officially collaborate, with Ethereum.”
As per Sun the “competition brings a better product,” he added further: “I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.” The Tweet referred to in the question is as follows: G20 Looking To Discuss Over Crypto AML And Counter-Terrorism Financing Regulations. Crypto And Blockchain Weekly Wrap Up – 1 April 2019 – 7 April 2019. Bitcoin Cash Price Outlook - BCH Bulls Remain In Control.
Bitcoin Price Analysis - Is A Price Breakout Imminent? In this Bitcoin price analysis, a breakout will make BTCUSD rally above the $6,000 price level.
Currently, the price is ranging between the levels of $4,900 and $5,200 for a possible price breakout. Bitcoin Price Analysis. A New Research Compares Bitcoin With Visa, MasterCard & PayPal Against Several Indicators. DataLight, a cryptocurrencies data analytics platform issues a report that compared Bitcoin, Visa, MasterCard, and PayPal as a method of payment.
The report weighs traditional financial indicators including annual price changes and changes in capitalization. As per the analysis, the traditional payment systems have observed over 10% growth and Bitcoin showed a sharp decline in comparison. Check out the table below for the comparison of economic indicators for Bitcoin, Visa, MasterCard, and PayPal At the time of the famous Bitcoin bull that occurred in late 2017, the token’s capitalization increased from $25 billion to $240 billion, following Visa’s market cap movement. Canadian Court Orders Drug Dealer To Hand Over His $1.4 Million Bitcoin Holdings. In what is reportedly Canada’s largest-ever forfeiture, a Toronto judge has ordered Matthew Phan, an online drug dealer to pay his entire $1.4 million Bitcoin (BTC) holdings to the state, as reported by local daily news outlet The Star on April 3.
Phan is convicted under the charges of dealing in illegal narcotics online. The court claimed his 281.41 BTC (worth around $1.4 million at press time) in February, however, Phan appealed against the demands. Though Phan tried to convince the court that his fortune in Bitcoin is through other activities, it seems his appeal was undermined. Lucid Sight Raises $6 Million To Take DLT-Powered Games to Traditional Platforms. Lucid Sight, the Blockchain games developer has minced $6 million in order to expand its digital scarcity-powered games to traditional game platforms, as reported by tech news website VentureBeat reports April 2.
The Los Angeles-based blockchain games developer has now raised a total of $11 million in funding, that will be utilized to expand offerings of its digital ownership games company by bridging the gap between blockchain and traditional gaming. Reportedly, Salem Partners, a leading investment bank and wealth management firm was part of the new funding round, along with crypto and blockchain venture capital funds such as Digital Currency Group and the Galaxy EOS VC Fund. As per the report, the investment will be targetted at launching Scarcity Engine, a software development tool designed to introduce Lucid Sight’s blockchain-powered games on gaming platforms such as consoles, PCs and mobile devices.
The report notes that the tool is scheduled to be launched later in 2019. Russian Gas Giant Gazprom To Employ Blockchain For Gas Supply Agreements. The Russian prime minister has recently approved a blockchain initiative that will allow Gazprom, Russia’s state-owned gas giant to do gas supply agreements on the blockchain network, as reported by local finance news outlet Vestifinance, which operates under Russian Television and Radio Broadcasting Company (RTR), on April 4.
Reportedly, the head of Russia’s state-owned gas giant Gazprom, Alexey Miller met with Russian prime minister Dmitry Medvedev in order to present a report on the development of applications powered by distributed ledger technology (DLT). As per Miller, Gazprom has had done substantive work with Russia’s state-owned bank, Gazprombank to develop a prototype model to enable contracts to be made automatically with the help of blockchain technology.
Miller further explained that the said platform is aimed at enabling data sharing between all the participants of a certain contract, as well as to improve the security of data. Indian Supreme Court Grants Bail To Amit Bhardwaj, Alleged Mastermind Of Bitcoin Ponzi Scheme. The alleged mastermind behind the $300 Bitcoin(BTC) Ponzi Scheme in India, Amit Bhardwaj and his brother Vivek Bhardwaj have been granted interim relief by the Supreme Court of India, as reported by a leading Indian media platform, Inc42.
Deepak Prakash, Bhardwaj’s lawyer told the publishing: “While Amit Bhardwaj has been granted interim bail based on his health ground, the Supreme Court granted bail to his brother, purely based on the merits of the case. As part of the bail agreement the Supreme Court asked Amit Bhardwaj to deposit INR 10 Cr and his brother to deposit INR 1 Cr, Prakash said. Reportedly the brothers have also requested the Supreme Court to club all the 12 cases filed against them across various states in India. The SEC Finally Released Its Long-Awaited Crypto Token Guidance. After nearly half a year in the making, the U.S. Securities and Exchange Commission (SEC) publishes fresh regulatory guidance for token issuers. These guidelines focus on tokens and outline how and when these cryptocurrencies may fall under a securities classification, as stated in the document. Last November, SEC Director of Corporation Finance William Hinman revealed that the regulator was developing new guidance for crypto tokens.
At the time, Hinman said the “plain English” guidance would help token issuers easily determine whether or not their cryptocurrency would qualify as a security offering. Later other members of the agency, including FinHub head Valerie Szczepanik and Commissioner Hester Peirce, have reiterated said that SEC staff was working on the document. The guidance by SEC includes examples for both networks and tokens that fall under securities laws, as well as a project which does not. Bloomberg Suggests Bitcoin's Recent Bull Could Be Attributed To Algorithmic Trading. The renaissance moment of Bitcoin is inviting a lot of theories over what brought on the price surge, a recent Bloomberg reports assert that the said crypto market jump could be linked to algorithmic trading. Algorithmic trading is basically a method that uses automated software in order to detect trends and determine when trades should be made. As per Bloomberg’s report on Wednesday, April 3, the said method has been on the rise in the last few months.
Since September, the industry has observed 17 new algorithm or quantitative funds and an amount that purportedly comprises 40 percent of crypto hedge funds started during this period. While in 2018 crypto bear market, the crypto funds, in general, lost around 72 percent, these algo funds have reported gains between 3 percent and 10 percent per month during the so-called crypto winter. Credit Karma Tax Reports That Short-Term Crypto Losses Have Surged In 1st Month of 2019. 40 Central Banks Considering Digital Currencies And Blockchain Tech, Asserts WEF Report.
The blockchain technology has been gaining increasing traction across the globe and a recent report from the World Economic Forum, reiterates the same sentiment i.e. a bunch of central banks around the world are planning to collaborate with central bank digital currencies (CBDCs). The WEF report cites a January 2019 report by the Bank for International Settlements (BIS) and states that a minimum of 40 central banks are conducting research projects and pilots with blockchain technology globally.
Most of these projects are aimed at resolving issues such as financial inclusion, payments efficiency, and cybersecurity. The report further states that CBDCs, which are issued on distributed ledgers and can be transacted in a peer-to-peer manner will enable faster and more cost-efficient transactions. Bitcoin Price Soars - Is The Crypto Winter Finally Over?
Bitcoin price is currently enjoying most bullish rally of 2019, seeing that its price has now risen above $5,000 for the first time since 2018. Is the crypto winter over? What next can you expect? On Tuesday, April 2, the crypto market experienced dramatic movements in the prices of digital coins that exceeded the expectations of many traders and cryptocurrency investors. In the wee hours of Tuesday morning, Bitcoin (BTC) price broke the all-important $4,200 resistance level and then surged close to $5,000 mark in the span of just one hour and for the first time since 2018. EY Suggests Placing Crypto Exchange QuadrigaCX in Bankruptcy. QuadrigaCX, the controversial Canadian crypto exchange might be stepping towards bankruptcy, as proposed by the court-appointed monitor Ernst and Young (EY). EY stated in a new report posted Tuesday that the QuadrigaCX’s creditors “will benefit” from converting its current restructuring process under the Companies’ Creditors Arrangement Act (CCAA) to a new one under the Bankruptcy and Insolvency Act (BIA).
The company further added: Puerto Rico Welcomes A New Bank To Support For Crypto Traders. XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange. Bitcoin's Next Target Is $6,000 With Crypto Markets Bottoming, Says Brian Kelly. Binance Launchpad Announces Fourth New Token Sale Of MATIC. ConsenSys Selects 10 Blockchain Startups To Support Under Its Accelerator Program. The investment arm of ethereum development studio ConsenSys, ConsenSys Ventures select 10 blockchain startups that are focused on building new blockchain-based solutions across data privacy, encryption, healthcare, and decentralized finance, among other areas for the second cohort of its accelerator program Tachyon.
ConsenSys Ventures announced the news on Monday, all 10 startups selected for the Tachyon 2.0 will be aided through the accelerator program, including meetings and lectures from “prominent” entrepreneurs, ethereum developers and venture capitalists, as well as access to ConsenSys’ network, as stated by the firm. Tether Hits All-Time High In Daily Transaction Volume. The most used fiat-pegged stablecoin, Tether (USDT) hits an all-time high of 38,150 on March 31. Marking a new milestone in reference to the number of daily transactions, since its launch in 2015. Coinbase Now Introduces Cross-Border Payments.
Canadian Police Freezes Assets Of FUEL Token Issuers Due To Alleged $22 Million Fraud. Assets of the founders of Vanbex, a blockchain consulting firm who minced $22 million in an alleged fraudulent initial coin offering (ICO) has been frozen by the Canadian police, according to a court document released on March 14. As per the court document, Kevin Hobbs and Lisa Cheng, founders of Vanbex have claimed that they operated a Vancouver-based cryptocurrency firm starting from 2017. Coincheck Launches Bitcoin OTC Trading Desk To Cater Large-Scale Institutional Clients. Crypto And Blockchain Weekly Wrap Up - 25 March 2019 - 31 March 2019. The week has been more than kind to the cryptocurrency ecosystem with a climb in total market climb and a hike in token prices including Bitcoin (BTC), check out how the coins faired out and what other developments occurred this week.
Justin Sun Ends Up In Another Controversies, Following A Waffling On Promised Prizes. Justin Sun, the founder and CEO of Tron is not new to controversies and this time around he has stirred up controversy by promising to give away a Tesla to one lucky Twitter follower who retweeted his post. As per the statement issued on Friday, he’s now giving away two. Russian Mining Giant Plans Cryptocurrency Tokens Backed By Palladium. Vladimir Potanin, the Russian billionaire who is also the CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel), plans on creating cryptocurrency tokens that are backed by palladium.
Ontario Town, Canada Approves Program To Allow Payment Of Property Taxes With Bitcoin. Crypto ‘Prime Broker’ Tagomi Recieves A BitLicense From NYDFS. TechCrunch Founder’s Crypto Fund Completes First Acquisition, Tops $100 Million. Coinbase Plans A Give Away Over $100 Million In XLM For Users Studying Stellar Protocol. Börse Stuttgart And Axel Springer Collaborates To Launch Crypto Trading Venue. BitTorrent Will Release P2P Social Media App, BitTorrent Live in Q2 2019.
After Latest Fake Volume Research, CoinMarketCap Assures That Will Alter Listing Metrics. Bitcoin Price Analysis - Will BTCUSD Rally Continue? Singaporean Crypto Exchange DragonEx Reports Hack Affecting Platform and User Assets. Internet conglomerate Kakao Collaborates With Irish Startup Festy For Blockchain Payment Methods. Ailsa Bay, Owned By William Grant & Sons Will Be Tracking Whiskey on Blockchain. Louis Vuitton Owner LVMH Plans A Blockchain That Will Track Luxury Goods. Unscheduled Maintenance By Cryptocurrency Exchange, Coinbene Leading To Hack Rumors. Cardano (ADA) Price Analysis. NEO Price Technical Analysis. Ripple (XRP) Price Technical Analysis. Rakuten's Cryptocurrency Exchange, Rakuten Wallet Is Scheduled For April. Leading Bitcoin Cash Developer Amaury Séchet Quits Bitcoin Unlimited. Crypto Exchange OKEx Is Building Its Own Blockchain To Develop Its DEX. eToro Acquires Danish-based Smart Contract Development Company Firmo. A New Report Predicts That Blockchain Spending In US Will Increase To $41 billion By 2025.
BMW and Intel Collaborates With Tribe, Singapore Government-Backed Blockchain Accelerator. Yahoo-Backed Cryptocurrency Exchange To Start Trading In May. How Blockchain and IoT Tech Will Guarantee Pet Food Safety. Beginner's Guide to Crypto Currencies CFDs. Crypto And Blockchain Weekly Wrap Up - 18 March 2019 - 24 March 20019. Digital Asset Names Co-Founder Yuval Rooz As Their New CEO. Tech Gaint Avnet Collaborates With BitPay To Accept Cryptocurrency Payments. Australian Cryptocurrency Fund Manager Sued For $14.2 million By Clients. The Celer Network ICO Raises $4 Million In A Session Hosted By Binance Launchpad. Former CFTC Chairman Calls For Better Cryptocurrency Regulations In A Report.
Cryptopia Resumes Trading Of 40 Crypto Pairs, Plans To Add More Soon. Overstock Postpones Selling It's E-Commerce Business, Deferring Cash Flow for Crypto Ventures. Crypto Exchange Bithumb To Lay Off 50% Of Its Staffing Levels. Crypto Exchange Bithumb To Lay Off 50% Of Its Staffing Levels. Cryptopia Plans To Resume Trading By End of March 2019. CoinMarketCap Has A New Metrics To Score Crypto Fundamentals. Japanese Regulators Approved New Regulations for Cryptocurrency Margin Trading. IBM Brings Six Global Banks Onboard For Its Blockchain Based Payment System. How Blockchain Can Improve Cyber Security. Cosmos Creator Tendermint Minces $9 Million In A Round Lead By Paradigm. Riot Blockchain Files For Regulated Cryptocurrency Exchange in the US SEC. In 10-20 Years, Blockchain Will Be Most of the Economy Says Ethereum Co-Founder Joseph Lubin.
Coinbase Pro Updates Its Market Structure In Order To Increase Liquidity. Amidst The QuadrigaCX Drama Canadian Regulators Revamp Framework for Crypto Platforms. Coinbase Pro Adds Support for Stellar Lumens (XLM) Canadian Police Request Public Assistance To Identify Bitcoin ATM Fraudsters. Jay Clayton, Chairman Of US SEC States ETH Is Not a Security In A Letter. Bittrex To Introduce Initial Exchange Offering Of RAID’s XRD token. Ripple’s Xpring and Forte Creates $100 Million Fund For Blockchain Game Developers.
Cryptopia Adds A ‘Cancel Orders’ Feature, As It Preps For Re-launch. Kakao’s Blockchain Arm Ground X Managed To Earn $90 Million in Private Token Sale. Samsung Reveals Cryptocurrency Wallet And Dapps Included In Galaxy S10 Phone. Barclays Analyst Estimates Facebook's Revenue From Its Cryptocurrency In Billions by 2021. Dubai's Real Estate Giant, Emaar Plans ETH Token And Considers ICO in Europe. Dubai's Real Estate Giant, Emaar Plans ETH Token And Considers ICO in Europe. SIX Plans To Adds Exchange Trading Product for XRP. Investment Firm Invesco To Launch Blockchain ETF on London Stock Exchange. QuadrigaCX: The Story of Missing Millions and Empty Cold Wallets.
Brazilian Court Asks Santander To Return Mercado Bitcoin Its Funds. Cryptocurrency Exchange HitBTC Accused By Bitcoin Private Team For Fraud. Fidelity Digital Assets Goes Live With A Selected Group Of Clients. Crypto And Blockchain Weekly Wrap Up - 4 March 2019 - 10 March 20019. German Ministry Of Finance Issues Paper On Blockchain Securities Regulation. Crypto Markets Wrap Mar 8: Bitcoin Dips, Binance Tanks, Enjin Soars. Crypto Markets Wrap Mar 7: Major Cryptocurrencies Trade Sideways, Binance Gains, ABBC Tanks. 500% Jump in 10 Days!-The Curious Case of ABBC Coin.