A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, EOS, Bitcoin Cash and Litecoin price movement.
In recent news, Saudi Arabia’s oil giant Saudi Aramco Energy Ventures (SAEV) made a $5 million investment into a blockchain-based oil trading company Vakt.
Some experts think that Ripple’s IPO will put an end to the inherently speculative nature of the XRP token that won’t be much appreciated by its investors.
According to Wietse Wind, the lead developer of XRPL Labs, Ripple is considering launching not only a free version of the banking app but also a paid one that will be called ‘Xumm Pro’.
Bitcoin price surge continues as investors move to crypto on the outbreak of the deadly coronavirus in China. With today’s price jump, Bitcoin has made a new 2020-high and we expect this momentum to continue in the near term.
A Corda-blockchain based trading venture Contour that used to be known under the name Voltron has received a massive money inflow from Standard Chartered (SC).
To address the problems of Ethereum scalability, Syscoin has developed a new protocol called the Bridge that will ensure the seamless transferring of ERC20 tokens into the Syscoin ecosystem.
Bitcoin managed to stay in the green zone, despite correction from a recent high on the level of $9,149.
The general financial market worldwide is currently suffering from the effects of the coronavirus. However, Bitcoin price seems to be boosted by such circumstances.
Dubai may become more crypto-friendly as its DMCC is planning to establish a cryptocurrency valley with special terms.
Singapore’s new financial legislation is aimed to increase crypto-related activities in the country. Notable crypto operators and exchanges support the move to obtain a Singaporean license.
Bitcoin price has reached the level that hasn’t been observed since early November. One of the factors can be the recent announcement made by Jack Dorsey.
According to the latest research done by the Deutsche Bank, it is possible that crypto may break into the mainstream financial world in two years as India and China encourage blockchain adoption.
Bitcoin and other cryptocurrencies surged as global stocks plunged in reaction to the coronavirus outbreak in China. A report shows that Bitcoin’s correlation with gold has also turned positive.
According to Jeffrey Tucker, the future for the XRP price is quite unclear right now. It can either reach one million dollars or fall to zero.