A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Bitcoin SV, Bitcoin Cash and Litecoin price movement.
As the Bitcoin halving is expected in May, the king coin’s price has been predicted to hit $400,000 after the event. These forecasts are based on the history of BTC halvings.
The Ethereum one million developer challenge is aimed at expanding the currently existing developer ecosystem. After three months since the first announcement, the challenge is on.
MoneyGram has unveiled its strategic partnership with UAE-based Lulu Exchange in a move that will enable it to gain ground in the Oman and Asian-Pacific markets.
During the first day of WEF 2020 at Davos, the U.S. Treasury Secretary acknowledged the demand for faster cross-border payment solutions and said that the U.S. will support companies like Ripple offering such services.
As Vodafone has decided to quit the Libra Association, it will focus more on its digital payment service M-Pesa and expand it beyond the six African nations it currently serves.
The group of the biggest world’s banks led by the Bank of England will investigate the economic benefits of a central bank digital currency (CBDC).
Binance, one of the top cryptocurrency exchanges, is expanding the range of IEOs hosted on its Launchpad. Now it’s time for WazirX (WRX).
Ethereum 2.0 seems to look really attractive to the community. More than 22,000 validators have joined the public testnet just within a week.
XRP/USD is now testing the $0.231 level as support. Leaving the zone may lead to the fact that traders may place a short position concerning the $0.176 level.
Bitcoin is making swift moves northwards since the start of 2020. In the first 20 days, the Bitcoin price has surged by nearly 30% so far. With several important Bitcoin events scheduled ahead this year, BTC is likely to hit new highs in 2020.
Vitalik Buterin believes that Ethereum Classic can be merged into Ethereum 2.0 in the same way as a new shard-like ETH’s current Proof of Work (PoW) chain will be integrated.
As Ripple is often accused of the unreasonable monthly distribution of XRP in large numbers, its CTO David Schwartz provided his own vision on the issue and explained why it is necessary.
Unlike last year, this year’s World Economic Forum will see leaders from the crypto space speaking on the future of the global payments industry. Thus, we are likely to hear more about cryptocurrencies, stablecoins, and central bank digital currencies.
According to Korean experts, the government will now treat crypto trading gains as ‘other income’. As a result, a 20% tax on such incomes may be introduced.