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Increase in the Bears’ pressure will definitely decrease XRP price which may break the $0.35 level and target $0.32 level. In case, $0.35 level holds, the price may bounce and the trend may change to bullish.
Coinbase is in advanced talks to buy custody provider Xapo. The deal will cost around $50 million for the US major cryptocurrency exchange. However, the decision hasn’t been made yet.
Chiliz and Binance Chain have joined forces to facilitate the crypto journey of such prominent clubs in the football space as Juventus and Paris Saint-Germain.
The US customers will soon enjoy the benefits of a Coinbase Debit Card after it launched in the UK successfully letting users pay for their daily bills using crypto.
Several major banks, including UBS, Banco Santander, HSBC Holdings and Deutsche Bank, are planning to build a blockchain-based settlement system by investing $50M into a joint entity called Fnality.
It is said the privacy-centric web browser Brave will try to gather a new portion of funds for its growth in the nearest future.
The New York Supreme Court has ordered Tether to stop loaning funds to its associated exchange Bitfinex. The orders also include Tether not, distributing any funds to executives, employees or others except regular business-related purposes.
After showing a massive rally over the last few weeks, the bulls finally lose their hold on the market to the bears. Overall crypto market loses nearly $24 billion with Bitcoin price dropping below $7200 levels.
Increasing regulatory oversight and the latest progression made in the crypto movement means that users are tasked with keeping track of their cryptos in a clear and auditable way. Maybe it’s time to turn to crypto accounting software?
Ethereum price is quickly moving towards the $300 level while there are real doubts about true decentralization of this asset.
Brian Armstrong said in an interview at the Consensus 2019 event that Coinbase Custody now manages over $1 billion in crypto assets with 60% of the Coinbase Pro trading volume coming from institutions.
In case the Bulls were able to break up the supply zone of $275, Ethereum price will be exposed to $287 level. Should the Bears defend the $275 level, the price may pull back to $258 – $242 level.
Ethereum-based decentralized applications (DApps) continue to draw industry attention as the world’s fifth-largest electrical company tests new solutions pushing Ethereum price up.
Even though there was hope that eBay may be delving into Bitcoin and cryptocurrency, the hopes were shattered after their spokeperson said that cryptocurrency is not a part of their payments strategy.