Latest Market News
According to a New York Times report we have recently covered, Facebook is on pace to issue its own digital currency in the next few months. Prompted by its rivals, especially Telegram, which managed to raise a whopping $1.7 billion in its ICO campaign, the effort Facebook has put towards creating its own cryptocurrency could have a substantial impact on global commerce.
From a long-term perspective, the important support levels to watch out for NEO are at $7 and $5.5. Bulls, on the other hand, will have to face key resistance levels at $14 and $16. Meanwhile, the channel range holds $8 and $12 as support and resistance levels.
After launching crypto trading in 30 U.S. states, investment and trading platform eToro continues to make moves in the cryptocurrency and blockchain space.
Singapore government-backed blockchain startup accelerator Tribe has announced strategic partnerships with BMW Group Asia, Intel and Nielsen.
In this article, we will analyze the BTC/USD market to see if Bitcoin has the potential to reach $5,000 before the end of April 2019. For Bitcoin to reach $5,000, the market will have to increase by a total of 25% from today’s levels. The good news is that if BTC/USD can break above the $4,000 resistance level and continue above $4,144, the market should be able to power higher and reach the $5,000 milestone before the end of next month.
This week’s top coins are scheduled to conduct significant launches and upgrades that will help each project to move forward and strengthen their market positions. Each project should also experience increased amounts of attention to their respective currencies over the coming week.
As Bitcoin tries to make its way out of the longest bear market in its history, let's take a look at 5 factors that point to a bright future for the world's oldest and largest cryptocurrency.
It has been a decade now since Satoshi Nakamoto went public for the first time in 2009 with the software that would become the basis of the flagship cryptocurrency, Bitcoin. In the ten years since, Bitcoin has been increasingly embraced by traders, companies, and private individuals, and has kickstarted the blockchain revolution. In a world where cryptocurrencies seem to spring up like mushrooms, what could Monero (XMR) and other anonymous altcoins bring to the discussion?
After Binance’s success with their Launchpad platform, even more notable cryptocurrency exchanges are getting into the initial exchange offering space. Now, OKEx, Huobi and KuCoin are all getting into the mix as well.
As the cryptocurrency exchange space becomes more and more saturated, exchanges have to adopt unique features to stand out from the rest of the pack. One area that can be improved is security – with standard cryptocurrency exchanges, users have to trust the exchange to safely store their funds until they choose to withdraw them.
