Bitcoin moves up on Wednesday reaching two-week highs. The rally combined with the prevailing bull flags indicate that recovery may be peeping just around the horizon – in 2019, for example.
On day 10 of Coinbase’s “12 Days of Coinbase” initiative, the crypto exchange announced the launch (in invite-only mode) of Coinbase Earn, a new way to earn crypto while you learn crypto.
Western Union recently released a short video in which it explains that it is ready to begin working with cryptocurrencies. That being said, the video does seem to go on to outline how they actually aren’t ready and don’t fully understand crypto.
On their 9th day of Christmas, Coinbase decided to add new ERC20 tokens to their platform. Earlier this year they announced their intention to support this technical standard across Coinbase. New features and tokens also expected in 2019.
After literally months of waiting, a cryptocurrency market bounces forward and the majority of cryptos started to gain double figures on the day with a $10 billion injection pumps crypto markets.
XRP has been pretty much asleep for a very long time and as we are approaching the end of 2018, the much-needed news about Ripple’s partnerships with major financial institutions have started erupting in the crypto-space.
Finally, crypto market starts showing at least some signs of recovery: Tether (USDT) manages to enter the top-five cryptos by market cap (for the short period of time though) while EOS gains considerable 25%.
Ethereum price recovered recently above the $86.00 resistance. ETH/USD is trading with a positive bias and it may perhaps climb above $90.00 if there is no downside break below $85.00. 2019 likely to bring even more price gains for ETH.
Paypal, an online payment system platform has mostly avoided Bitcoin implementation till now. But, recently it has rolled out an internal employee incentive program that is based on Blockchain technology.
According to cryptocurrency bull Tom Lee, Bitcoin is underestimated, and its fair price should be about $10,000 above where it is trading now.
Bitcoin price continues to slip further making new lows. On Friday, Bitcoin corrected over 3.5% to go below $3300 levels.
Coinbase decided to use 12 Days of Christmas promotion as their opportunity to help those in need and support GiveCrypto.org’s pioneering work. The $10,000 ZEC donation will support GiveCrypto.org’s project in Venezuela.
Bitcoin is down more than 80% from its all-time high, dragging most major cryptocurrencies with it, including the likes of Ethereum and Ripple’s XRP. Despite this, Novogratz remains confident that Bitcoin will make a comeback
In order to improve the commission’s understanding of Ethereum and its underlying technology, the CFTC has announced its intention to publish a respective Request for Information (RFI) with the Federal Register.
Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.