STELLAR 2019 ROUNDUP IS NOW RELEASED

The large crypto organization that was founded in 2014 and is behind, one of the biggest coins, XLM, the Stellar Development Foundation released a winter roundup for this year on December 28.

Denelle Dixon, the Executive Director and the Chief Executive Officer of Stellar Development, discussed all the accomplishments and the progress of the company in 2019. He mentioned that he expects the next year to be a breakout year for the Stellar network and the company in general. During the year, the Stellar exosystem experienced a great growth and the company made a point to concentrate on targeted distribution.

The company also held an event at Cloudfare recently during which they recapped this year as well as responded to questions from guests on the crypto ecosystem and the influence of legislation in the industry. In 2019, the new version of Horizon was released and a number of companies partnered with the Stellar Development Foundation to use XLM coins for their projects.

The CEO of the company was also a guest at a recent podcats episode during which he talked about the regulations in the crypto industry, the issues that the company faces and his experience collaborating with Jed McCaleb.

From his month it is also possible to book hotel rooms on Travala with Stellar and BitGo began supporting the XLM coin. In addition, this year for the first time the company hosted a Stellar conference with some of the participants being Satoshipay, BinanceX, Coinsquare, IBM World Wire as well as Rehive. Some of the employees gave presentations during the month of November and around the same time, Smart Volar began supporting Stellar.

On the other hand, along with the Stellar Development Foundation, Tron and ICON, MouseBelt released a Blockchain Education Alliance.

 

In order to learn more information about Stellar Lumens & its price, have a look at XLM Price updates as well as Stellar Lumen (XLM) Price Predictions.

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BRAD GARLINGHOUSE SHOCKING CRYPTO PREDICTIONS

“The Ripple Drop”, a show by Ripple Labs, just released a new episode during which the host asked employees of the company about crypto predictions for the next year. Brad Garlinghouse, the chief executive officer of Ripple Labs, started talking about his thoughts on the crypto industry in 2020.

Garlinghouse said that, in his opinion, next year will be the time for crypto coins to strengthen their positions in the sphere, even though last year, crypto assets were going through a hard time.

Garlinghouse stated that we are going to see the reinforcement of crypto coins in 2020. The number of crypto assets today is absurd and too much. 3,000+ is way too many cryptocurrencies and soon crypto investors will fully move to coins with higher quality.

He also stated that the number of cryptocurrencies will shrink and 99 percent of coins will disappear. During previous interviews, Garlinghouse said that only a smart portion of current crypto coins would have the ability to leap into the large market.

A different crypto enthusiast, Larry Cermak, also said that 95 percent of crypto coins don’t have any liquidity and 2 percent have extremely small liquidity.

Brad Garlinghouse did not only predict that most Altcoins would die, however, he also said that the largest traditional financial companies will start trading and holding crypto assets next year. This is a very bold prediction, considering that currently none of the largest banks own any crypto coins.

Ripple Labs, the US-based comapny founded in 2012, has also been in the news recently as its value reached 10 billion USD and the integration of XRP into different systems has been growing. In order to receive more information & details about Ripple & its price, take a look at Ripple Price updates as well as Ripple (XRP) Price Predictions. This will always keep you up-to-date in the crypto space.

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BEARISH TREND IS FINALLY BREAKING FOR BTC?

This year is going to end in just a couple of days and as 2020 approaches, Bitcoin (BTC) price is trying to break just under the 10,000 USD mark. Since the end of June 2019, Bitcoin has been struggling to break out of the bearish trend. Despite that, recently Bitcoin price has been having a successful run.

According to the daily charts, crypto traders should expect the first cryptocurrency to be more volatile than usual in the upcoming days. Bitcoin is currently in a range from where it could follow either a bullish or a bearish trend and it is not so clear where BTC is going. Some traders believe that if the price of Bitcoin falls in the current range, it is going to have a strong bounce back.

Looking at the current value of Bitcoin, it is extremely likely that BTC price will soon bounce over 7,400 USD that is presently the resistance that the coin has been facing throughout the past week. On the other hand, when we examine the last 6 hours, there are also signs of a short-term bullish movement. Reversal of this short downtrend might be right in front of us, according to Scott Melker, a crypto news outlet contributor. Moving averages have also shifted upwards during the last couple of hours.

However, even though Bitcoin is pushing upwards and might close the year on a positive note, it still need to push through some resistance levels to reach a good price. So the next bull market might be approaching sooner than we thought.

 

As Bitcoin halving is right around the corner, the interest around the first crypto asset’s price keeps growing. In order to find out more information & details on the largest crypto coin, Bitcoin and its price, have a look at Bitcoin Price updates as well as Bitcoin (BTC) Price Predictions.

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IS ETHER GETTING SOLD TO KRAKEN?

Jeffrey Wilcke, the co-founder and main developer of the second-largest crypto coin, Ethereum (ETH), on December 25th, has allegedly sent 11,500,000 USD (92,000 ETH) to Kraken, a US-based cryptocurrency exchange company.

According to the crypto news outlet, Cointelegraph, the founder of Ethereum, Vitalik Buterin, might be planning to sell Ethereum coins worth 25,000,000 USD. However, Wilcke wrote a tweet that claims something different. In his tweet, Jeffrey Wilcke stated that he only needed money for a game that he created and he also mentioned that nothing goes unnoticed in the crypto community.

In addition to Ether, Wilcke is also apparently the co-founder of a racing video game company, Grid Games. He claimed that the money was needed for funding a new game.

Apart from Jeff’s tweets, it was shown that he had transferred 90,000 Ethers to the account of the Kraken exchange. A similar thing had happened in January 2016, when an account of Ethereum developers sent more than 400,000 Ether coins to a different address. From this time, this account had been moving funds to different accounts, yet, the movement stopped on the same day, December 25.

Even though this Ethereum address still has over 27,000,000 USD worth of coins, 90,000 crypto coins were moved to the account owned by the Kraken crypto exchange. A device that monitors and scans Ethereum transactions showed that the transfer was done from the same account that was involved in the transaction of January 2016.

In advance of Jeff Wilcke sending the coins to Kraken, Buterin revealed during a Podcast a couple of days ago that from selling 100,000,000 USD worth of Ether coins, the Ethereum Foundation made some good money during the all-time high of the coin in 2018.

 

In order to gain more information about Ethereum & ETH price, have a look at Ethereum Price updates as well as Ethereum Price Predictions.

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GOOGLE SEARCH AND BTC PRICE CORRELATION

During the past months, Bitcoin (BTC) price suddenly fell almost to 6,500 USD before which the value of the coin stably stayed over 8,000 USD for a significant amount of time. This was the lowest price of Bitcoin during the last 7 months after the downturn to 6,500 USD in May of this year. Interestingly enough, looking at Google trends we can clearly see that every time the interest around crypto coins increases on the platform, major price shifts occur.

Last month, the number of searches for the term ‘Bitcoin’ has been at its highest point since the end of October, when the first crypto coin moved above 9,200 USD. It is also important to note that most of the curiosity for Bitcoin came from developing African nations including Ghana and Nigeria, along with Switzerland and Austria.

According to statistics, Google searches related to BTC price were very active during major value movements. For instance, during June 2019 when the price moved from around 9,000 USD to 12,900 USD, Google searches went to a 12-month peak.

In the same way, Google searches for Bitcoin were peaking during May, July as well as the end of October, when Bitcoin price volatility was experiencing spikes. According to a crypto analyst from the Blockchain Today, stated that except this, the amount of money entering and moving from the crypto market can be also measured by the market capitalization of Tether (USDT). Looking at this measurement, we can clearly see that during the past couple of months not many funds were entering the crypto industry.

Yet, the most interesting part about Bitcoin searches on Google is the amount of traction that the coin has gained from developing countries. As a number of African countries battle with inflation many citizens are turning to cryptocurrencies as safe havens.

 

On the other hand, as Bitcoin halving is approaching, all the attention is turning towards this coin. To learn more about Bitcoin & BTC price, have a look at  Bitcoin Price updates as well as Bitcoin (BTC) Price Predictions.

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ETH AND XRP PAIRS ADDED TO BINANCE

Binance, one of the largest and most famous crypto exchanges, announced that new pairs with Ether (ETH) and XRP will soon be included in the platform. Binance, which is based in Malta, is adding fiat pairs with Teather (USDT), Ether (ETH), XRP. The fiat currency that will be paired with these coins is the Turkish Lira (TRY). On the other hand, Teather can now also be traded with another traditional currency, the Russian Ruble (RUB).

A year ago, in 2018, the platform also added Ripple’s crypto asset, XRP, as a central coin. The Turkish Lira was added to the exchange fairly recently, in November of this year, and became their latest traditional currency addition quickly becoming the most traded fiat by volume on the platform. Binance enabled its users to buy Bitcoin, Ethereum and XRP through Bitcoin by using Papara, a payment company based in Turkey.

Before the Turkish Lari, the platform added 5 other traditional currencies, one of which notably being The Euro (EUR). In 2019, Binance made huge steps to add government-controlled traditional currencies to the exchange platform. In addition to adding numerous fiat currencies to the platform, Binance additionally launched fiat exchange in different countries globally including Singapore as well as Uganda.

Despite its success around the world, Binance has been having trouble with the market in the United States. The company added a separate platform for US-based users, which was launched in September 2019 and is headed by Catherine Coley, a former Ripple employee. The binance.us has not gained as much attraction and clients as the regular Binance platform. The volume of the US version has not been meeting expectations and is clearly far behind its main competitor in the region, Coinbase.

 

Ethereum, being the second largest coin in the market, has been a favorite of many good crypto traders. In order to gain more information about Ethereum & Ether (ETH) price, check out at Ethereum Price updates and Ethereum Price Predictions. Stay in charge of the price movements and your crypto investments.

 

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BITPAY PAYMENT SERVICE CRASH

Bitpay, a Bitcoin payment service provider, officially confirmed that on the 22nd of December their platform was temporarily experiencing a Bitcoin (BTC) outage. Payments carried out with Bitcoin were halted for over three hours on the platform while Bitpay was attempting to get the transfer issues under control. This news was revealed by Bitpay Support through Twitter.

Previous to this announcement by Bitpay, users of the platform have already made statements about the issues that they were experiencing. Bitpay users were tweeting that the Bitcoin payment service was not working in several stores. A different Twitter user stated that although they enjoy the API data transfer service, he advised others to switch to a different Bitcoin payment platform because Bitpay is not working for many people.

This event happened 12 days after Bitpay added three more crypto assets now having six coins for their service; Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Paxos Standard Token (PAX), USD Coin (USDC) as well as Gemini Dollar (GUSD).

According to the company’s statistics, around the world more than 30,000 people use Bitpay. Even during 2018, when most crypto coins including Bitcoin were having a very hard time, Bitpay was growing as a company and the transactions on the platform reached 1 billion USD that year.

Bitpay was founded in 2011 in Georgia, US and has been in a number of controversies since the company’s launch. The crypto community began doubting Bitpay when the company began heavily pushing Bitcoin Cash (BCH) as an improved substitute of Bitcoin and the platform started having numerous technical and customer service issues, which resulted in them losing many large clients throughout the recent years.

 

In order to obtain more information on Bitcoin as well as Bitcoin price, take a look at Bitcoin Price updates and Bitcoin (BTC) Price Predictions. Be aware of the price shifts of the biggest crypto asset.

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BTC PRICE INCREASE BY 6.7 PERCENT

The first crypto coin, Bitcoin (BTC), during the last 24 hours increased by almost 7 percent and the value of the coin went over 7,600 USD. The BTC price during last week rose by 5.5 percent from the start and the closing price was 7,505 USD.

Even though during the week, the Bitcoin price reached its lowest point of the second part of the year. However, the coin ended the week in green. On the 23rd of December, the Bitcoin price hit 7,604 USD. At the start of last week, the value of the first crypto coin was 7,100 USD and it was not clear where the would go next. Despite this, towards the end of the week, Bitcoin showed a positive change closing the week strongly. At the same time, there was also a price gap of 200 USD with the CME global exchange platform.

The resistance line of 7,400 USD was broken and the next upper resistance level is 7,675 USD. On the other hand, as the value of Bitcoin breaks above 7,800 USD, the short bearish trend will end. Despite the fact that the current long term trend is bearish, there is potential for a bullish reversal.

On the crypto exchange platform, BitMEX, after some time of unclear funding rate, it finally went back to positive and began an upward move on the 18th of December. Yet, on a different platform, Onek, short positions have become more common than long ones and the ration currently is 0.93.

If the bullish trend continues, there will most likely be a strong resistance level at 8,000 USD and after that reaching 10,000 USD will not be a big issue for Bitcoin. Due to the volatility rate, Bitcoin can also have another price jump before a crash happens.

 

To find out more information on Bitcoin and BTC price, have a look at Bitcoin Price updates and Bitcoin (BTC) Price Predictions.

 

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RIPPLE LABS RECEiVES $200 MLN FROM INVESTORS

One of the biggest current crypto companies, Ripple Labs, made a statement in a report that they have received 200 million USD from investors, consequently, boosting the company’s total value to 10 billion USD. Ripple has launched seven years ago in San Francisco and throughout the years the company has brought into the world their payment protocol, cryptocurrency exchange platform as well as the XRP crypto asset. The main goal of Ripple has become improving international transactions for the financial sector.

Ripple’s technology allows us to develop crypto coins as well as represent crypto coins by traditional money making the market more liquid. Crypto asset transactions are performed on the blockchain; a decentralized platform where all the transfers are recorded and can not be undone. In the Ripple system, if you are connected to the internet and have a key, you can easily send, receive and keep crypto assets.

The Chief Executive Officer of Ripple, Brad Garlinghouse, said in a statement that while other companies have shown a decrease in their growth speed this year, Ripple has been flourishing and established its leadership position in the crypto industry.

This June, the company brought a 10 percent share of MoneyGram and then proceeded to integrate it with its on-demand liquidity settlement network. According to Ripple, the system allows users to reduce the settlement time from 2 days to 3 seconds. What separates XRP from other crypto assets is that the coins are pre-mined, there are 100 billion coins on the market and 60 percent of those are owned by the company itself. So unlike most cryptocurrencies, XRP is centralized and still manages to be the 3rd largest crypto coin based on market cap following Bitcoin (BTC) and Ether (ETH). A number of other large companies have also been launching centralized crypto coins.

 

To receive more news & information on Ripple & XRP price, have a look at Ripple Price updates & Ripple (XRP) Price Predictions.

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CLOVR REASEARCH ON CRYPTO WEALTH

Wealth of Bitcoin owners and investors is more equally divided compared to all Altcoins this year. This is despite the fact that major Bitcoin investors, whales, have been in a lot of crypto news these past months. According to a Clovr blog post, in which the writer looked into crypto transfers and the value of coins in the wallets last month, the allocation of wealth of the first crypto coin has improved compared to the previous year, 2018. In comparison with this cryptocurrency, other crypto assets with large market caps are mainly controlled by large investors.    

During their research, Clovr overlooked crypto wallets that were rumored to be or were attached to a cryptocurrency exchange platform. The measure of Bitcoin wealth distribution dropped to 0.64 from last year’s 0.64. Whereas, the second largest crypto coin, Ethereum rose from 0.69 by 0.09 and Bitcoin Cash went from 0.73 to 0.75.

Altcoins are more defenseless against whales than Bitcoin, because of the smaller market capitalization. In order for Bitcoin whales to manipulate the market, they need to have at least 4,545 crypto wallets. However, when you look at Ethereum, whales need to take control of only 322 wallets and, in case of Bitcoin Cash, slightly over 1,100. 

For their study, Clovr took a look at TOP 10,000 accounts for every coin. They also emphasized that cryptocurrencies with market capitalization of under 100 million USD are especially at risk when it comes to market manipulation. The smaller the market cap of a coin, the larger is the inequality of wealth division among investors. Hence, if you are concerned about centralization of crypto coins, you should probably stay away from very small currencies.

 

Bitcoin is earning more attention as the next reward halving is around the corner. In order to learn more about Bitcoin & its price, take a look at  Bitcoin Price updates and Bitcoin (BTC) Price Predictions.

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STELLAR LUMENS POSSIBLE PRICE PUMP

Even though this year has been great for cryptocurrencies, the two biggest players in the game, Bitcoin (BTC) and Ether (ETH) have been in a downward spiral in recent weeks and it seems that a number of coins, including Stellar Lumens (XLM) have been following the same pattern. In case of this particular big crypto coin, if the negative trend continues there might be an even bigger thing. The price could potentially go up to 0.0625 USD before drastically decreasing once again. It would be strange for this coin to increase in such speed and move above the average in such an extreme manner. This also can be an issue for those traders who are trying to short sell XLM coins on crypto exchange platforms that do futures trading.

In recent times, more and more cryptocurrency platforms have been employing this feature and many investors began using them. However, a large portion of them haven’t understood yet how dangerous this type of trading can be. Many just see this as a quicker way to earn more profit in a short time period. An example of what this type of trading can lead to is the situation with MATIC after the crypto asset crashed. This means that traders need to be extremely careful.

When it comes to Stellar Lumens there is a great potential for this coin to see a growth in value, yet, it can also experience a price fall afterward. Even though this currency has one of the largest market caps (11th, according to CoinMarketCap), it can still bring large profits during a bullish season. This is why keeping a close eye on Stellar is crucial nowadays.

 

To learn more detail about Stellar Lumens & XLM price, take a look at XLM Price updates and Stellar Lumen (XLM) Price Predictions.

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WHY DID BTC PRICE FALL?

Despite how good 2019 was for Bitcoin after the catastrophic 2018, Bitcoin price has not been doing so great as the decade comes to an end. This Monday, December 16th, the price of the first crypto coin once again began a slow decline. After the price rose above the 7,000 USD mark and stayed there for some time, the BTC price volatility reached the lowest point it was ever been in months and, yesterday, the price plummeted from 7,100 USD to a little over 6,800 USD in an extremely short period surprising a large number of Bitcoin investors.

This was a shock to many traders because most of them expected rising prices, which was apparent when on crypto exchange, BitMEX, long position liquidations reached over 40 million USD. Yet, what exactly caused Bitcoin price to shift so dramatically?

Currently, we don’t know what it took for the price to drop by 300 USD in such a short period of time. Yet, there are still a number of theories that sound accurate when considering the current market movements.

Chainalysis, a large company that focuses on blockchain, recently launched a report, in which a recent Ponzi scheme concerning cryptocurrencies was discussed. It was a crypto wallet in China, that still has over 850 million USD worth of Ether only. Because of this incident, there might be a fear in investors, which can explain the price shift.

On the other hand, in the crypto sphere volumes of crypto assets have been drastically increasing recently. This can mean that liquidity is decreasing due to Holidays, which could cause a price drop.

According to a number of large crypto investors, the downward movement of BTC price might be prominent during the upcoming few weeks. Yet, the halving is still approaching, which means that the Bitcoin price won’t stay like this for very long.

 

Interest in Bitcoin is increasing rapidly as the next halving is coming. In order to gain more information on Bitcoin and the price of this asset, take a look at Bitcoin Price updates as well as Bitcoin (BTC) Price Predictions.

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TRON EVENT WITH RIPPLE, LIBRA AND OTHERS

The Tron Foundation was established in March 2014 by founder, Justin Sun. The protocol for Tron would be launched only 3 years later. The Tron Foundation is non-profit based in Singapore and has recently been in the headlines for a gathering named “ModelExpend” that they had organized. The organization hosted women that were highly prominent in the cryptocurrency community in order to have a discussion on pressing issues facing blockchain and cryptocurrency.

As reported by the organization, they invited women from the best blockchain companies such as Libra and Ripple. The main topic of discussion was the future direction of the blockchain sector.

ModelExpand also presented influential women that worked on the Tron network. According to the Tron Foundation, they had chosen the most brilliant women to talk about methods to ensure the development of the crypto market.

In a statement a Tron Foundation representitive said that their blockchain gathering, ModelExpand, was a remarkable way to bring amazing women together. The smartest people in the industry from top companies came together to debate about what is necessary to push blockchain to mainstream consumers.

The cryptocurrency launched by the Tron Fountation, TRON (TRX), is currently one of the leading cryptocurrencies. With a market cap of over 928 million USD, the coin takes the 13th rank following Stellar Lumens (XLM) and Cardano (ADA).

On Tron

It has been rumored that TRON is going to be among the crypto coins added to binance.us. It is a separate exchange by Binance, which was launched after the exchange wasn’t able to operate in the United States because of legal issues. Because of this, the US-based platform has been very careful about choosing what coins to list. During the first two months, the exchange has already listed 25 coins and when new crypto coins start entering the platform, TRX will be among them.

On Ripple

In order to gather more information on Ripple & its price, take a look at Ripple Price updates & Ripple (XRP) Price Predictions to always keep you up with the third leading coin.

 

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BITSTAMP AND 220 MILLION XRP COINS

Cryptocurrency prices are extremely volatile and there are numerous reasons for that. One of these reasons is cryptocurrency whales; investors that hodl large amounts of coins. Whales have been around since investing in crypto coins became popular and they seem to be very active lately. One of the possible reasons that people think that whales came back is that the year is coming to the end and many crypto investors are predicting a great rise in crypto prices. Hence, large and experienced investors are buying more coins and many newbies are trying to enter the crypto sphere.

XRP is the third largest crypto coin based on market capitalization and has always gained attention because of its ties to the financial system and new partners. Recently, the coin has been catching a lot of attention due to a number of positive news surrounding it. The company that created XRP, Ripple, is attempting to improve the adoption rate of the coin with a number of strategies. Ripple encourages new businesses that utilize XRP, the company has been accepting new clients to RippleNet and encouraging them to use XRP for payments and transfers.

Recently, there were more than 200 million XRP coins transferred from the company’s crypto wallet. The crypto coins were transferred to an account on cryptocurrency exchange, Bitstamp. Even though at first there was no clear indication of who the money was sent to, it is highly likely that the company sent the tokens to the exchange because of the growing demand for XRP coins on the platform. These tokens are currently worth almost 50 million USD. As the year ends, it is possible that the number of XRP buyers will increase.

To learn more information & details about Ripple & XRP coin price, check out Ripple Price updates & Ripple (XRP) Price Predictions. This will always keep you up-to-date in the crypto space.

 

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STELLAR’S OWN LIGHTNING TORCH

One of the Bitcoin enthusiasts, earlier this year, created an experiment naming it Lightning Torch. This technology was launched with a goal to make Bitcoin transfers less expensive by the use of a second layer scaling solution, the lightning protocol. However, this experiment was closed at the beginning of April.

Yet, since June of this year, Stellar Lumens began quietly offering a similar solution that allowed Stellar users make transactions on the base layer of the blockchain technology. This solution was created by Jed McCaleb, who is the creator of stellar, the Chief Technical Officer of Ripple as well as the founder of the famous Mt. Gox cryptocurrency exchange.

Right now the solution is 67 USD or 1150 Stellar coins. It is different from the Lightning Trust Chain in that the Stellar solution doesn’t require the same amount for every transaction. According to employees, the Stellar community was very supportive of the new solution and they even added that it made the community feel more connected. Another employee of the Stellar Foundation after passing the torch stated that it’s fun and did something that they value greatly, it linked many members of the community.

The solution by Stellar doesn’t have a specific aim nor a time to end. So Ripple employees created a concept called challenges. For instance, one of the challenges is that by sending the torch to a person from a certain country the user claims that country. Another challenge is sending the torch to someone famous.

The employee added that as Stellar Lumens doesn’t use as much marketing as Bitcoin and isn’t as mainstream, this game will end quickly for Stellar users.

 

To learn more information & details about Stellar Lumens & XLM price, take a look at XLM Price updates and Stellar Lumen (XLM) Price Predictions. Be informed about the coins that you invest in.

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BANKS USE XRP FOR 6 MONTHS

It’s no secret that Ripple is taking over the financial system by a storm. Their crypto token, XRP, currently ranks third by market capitalization following Bitcoin and Ether. However, this crypto has been going through a rough patch lately. It was predicted that after the SWELL conference the price of the third largest currency in the crypto market would go up. Yet, the price keeps decreasing.

Despite all of this, XRP is one of the brightest stars in the crypto sky. It is expected to have a great future ahead. One of the signs for this is their experience with XRP that numerous financial institutions shared. Back in 2016, a number of large banks worldwide, particularly with regard to the Royal Bank of Canada (RBC), Barclays as well as Santander, began utilizing the Ripple network as well as XRP and emphasized their satisfaction and positive experience of using these new technologies.

It was a pilot program, which lasted six months and included twelve banks. This was shared by the Head of Regulatory Relations of Ripple via Twitter. The twelve banks were reportedly using the network for financial transfers, they impressed with this crypto technology and added that it worked greatly.

Despite these positive discussions about XRP, the price of the cryptocurrency hasn’t increased yet and many crypto enthusiasts speculate that the main reason is the excessive regulations that have been forced upon crypto coins in the recent years. At the same time, banks continue to have demands for using XRP as the technology is new, fast, reasonably priced and far better than what they had been using before.

 

Ripple and XRP are at the forefront for the movement of making cryptocurrency available for mainstream usage. In order to learn more details about XRP, check out Ripple Price updates & Ripple (XRP) Price Predictions.

 

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BITCOIN AND CRYPTO MARKET SHIFTS

The crypto market has always been intense in the ten years of its existence. The way investors never know what to expect can be comparable to a story that always keeps the audience on the edge of their seats. However, an aspect of the crypto market that has been particularly interesting is the relationship between the two leading crypto coins, Bitcoin (BTC) and Ethereum (ETH). This dynamic is important not only for these two cryptocurrencies but also for the crypto market as a whole.

The pair entered the decreasing price range in the summer of 2017 and has been struggling ever since. The value at the time was 0.15, however, currently, the price is the lowest for the ETH/BTC pair standing at 0.02. The predictions for the pair seem bearish, yet, breakdown of the current downward trend is very much possible. It was expected that after the Ethereum Istanbul hard fork and as the network is making a switch from Proof of Work to Proof of Stake, the Ether price would rise, but the prediction didn’t turn out to be true.

Although there is still a month left before the end of 2019, if the crypto market stays as volatile as it is now, it won’t be good for Ether. Compared to USD, Ether is sitting just below the 150 USD mark at 149.3 USD.

XRP, on the other hand, remains in the range of above 0.20 USD and is successfully dodging a bearish spiral. Currently, the XRP price is sitting at 0.227 USD. The resistance range above 0.227 USD is 0.237 USD and below, the support range is at 0.22 USD. XRP predictions for the near future are bullish.

Cryptocurrency prices are in a season of change and Bitcoin is leading it as the next reward halving approaches. To know more details about Bitcoin and its price, take a look at Bitcoin Price updates and Bitcoin (BTC) Price Predictions.

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ETHEREUM ISTANBUL UPDATE IS COMING

The Istanbul hard fork is going to take place near 11:30 PM, which is currently planned to happen after 1,000 blocks as Ethereum blocks passed the 9068000 mark. After the switch to Constantinople that occurred in February, Istanbul will be the first hard fork shift for this blockchain-based network. The program that these two stages, Constantinople and Istanbul, are a part of is Metropolis, which was announced two years ago.

Istanbul is changing the Ethereum blockchain, in order to make it more scalable. After this hard fork, the Ethereum network will work better with Zcash, which is a crypto coin centered around privacy. Due to this upgrade, the Zero-Knowledge Succinct Non-Interactive Arguments for Knowledge will become much less expansive. This will provide users the opportunity for showing their awareness without revealing what they actually know. This new technology is considered essential for the privacy updates that Ethereum is making.

According to a post by the Ethereum Foundation that was published on November 20, for users of the Ethereum network and owners of the Ether coin, instructions will be given from their crypto exchanges and wallets. Yet, miners, as well as node operators, should inform clients about changes in the network.

Despite the numerous recent changes in the Ethereum system, it is still unknown what is the network’s future after Istanbul. As Ethereum moves from Proof of Work to Proof of Stake, some users are worried that there will be issues in the network. There have been numerous proposals to ease the challenging developments of the network. The third improvement is going to be called Berlin, however, it is still not known what changes Berlin will bring to the Ethereum network.

 

Ethereum is changing and setting new standards for cryptocurrency. To learn more about Ethereum & Ether price, check out at Ethereum Price updates and Ethereum Price Predictions. Stay in charge of the price movements and your crypto investments.

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BTC AND ALTCOIN PRICE SHIFTS

As Bitcoin (BTC) fluctuates between 6,800 and 8,200 USD, other crypto coins are demonstrating a remarkable growth during the last week. For instance, Matic Network (MATIC), which currently ranks 49th based on market cap, had a rise of 83 percent. On the other hand, Ravencoin (RVN) experienced a rise of 46 percent. Usually, this happens in times when Bitcoin is undergoing low volatility.

As Bitcoin is trying to rise above 7,600 USD, as it was previously, we still need additional analysis to know if the market has a positive environment for altcoin prices can keep going up. However, the Bitcoin price is still showing signs of decrease. The price temporarily fell to around 6,500 USD. After that, Bitcoin has been alternating within the range of 6,800 to 7,800 USD, which became a point of resistance. The decrease in Bitcoin price, the volume of the crypto coin decreased. As the price enters the range from 6,800 to 7,800 USD, the volume starts to decrease. As the price moves over 7,000 USD, the growth rate increases. Currently, 7,400 USD is an important level, if Bitcoin is going to move upward.

The cryptocurrency market is overall following a similar pattern to Bitcoin. Although crypto prices are going downward, their movements are different from Bitcoin. The market cap of all crypto coins is currently shifting around 210 billion USD. The shifts are comparable to the ones taking place last month, however, it is a possibility that the crypto market will experience a positive movement in value soon.

Despite the current lows, the crypto market is doing pretty good. In the beginning of the year, the Bitcoin price dropped to 3,100 USD and has seen a quick rise recently. Considering the current market movements, in 2020, Bitcoin will most likely experience a great increase in price.

 

Bitcoin is gaining more interest as the next reward halving is approaching. To learn more about Bitcoin and BTC price, check out  Bitcoin Price updates and Bitcoin (BTC) Price Predictions.

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MICROSOFT TOKENS ON ETHEREUM BLOCKCHAIN

Microsoft Azure, which is a cloud platform owned by Microsoft and based on blockchain, made an announcement about their new crypto non-fungible token that is created to repay their developers. The tokens look like animated badges and aspire to compensate for good performance in the Azure community.  Microsoft also made a statement on the 4th of December that all of these tokens are limited in amount varying from 100 to 10k units.

The company stated that Azure Heroes wants to give rewards to those community members for having a positive impact. This includes creating sample codes, demos, coaching and blogging on the topic of Azure Heroes. People that contribute to the community will be recognized by badges in numerous categories.

The non-fungible tokens were built on the Ether blockchain network alongside with Enjin, a startup for creating suites for blockchain-based products. These new tokens will be created each season and they will be allocated by a QR code which enables the receiver to install the crypto wallet.

In order to receive this token, the individual should be chosen for it, which the person can do themselves. Those developers, who’s influence on the community was verified, will receive the badger.

The type of tokens that Microsoft will use is non-fungible tokens (NFT). These are crypto tokens based on the blockchain technology that are created uniques and irreplaceable. These tokens are used most of the time for collecting purposes online. One of the biggest and most famous examples is Cryptokitties.

Along with Microsoft as well as Eidos, Fabled Lands, a gamebook company, will be working on an online card game based on the blockchain technology. The game will be based on a gamebook by the name of “The Way Of The Tiger.”

 

In order to learn more information about Ethereum & ETH price, check out Ethereum Price updates and Ethereum Price Predictions. Be on top of the crypto market!

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THE LITECOIN FOUNDATION INVESTS IN GRIN

The Litecoin Foundation funded a GRIN crypto developer to find a solution to improve the Mimblewimble’s privacy.

A developer at Mimblewimble’s Grin crypto coin, David Burkett, had a thread with details on the cryptocurrency’s advancement as well as the privacy technology that was getting integrated in Litecoin. The news was announced by Burkett on Twitter this week.  In his tweet he stated that he is planning to post monthly updates regarding the company’s progress. He added that these updates are mainly for people who have interest in Litecoin development, but he will also discuss the Grin coin as well as changes regarding it.

When discussing Grin, Burkett mentioned a technology that will help make GRIN transfers more private. He stated that the most significant issue for Mimblewimble privacy is that, at first, transactions are broadcasted, which means that the inputs and outputs of the transfer can be clearly seen by the main nodes. He believes that a way to overcome this is sending the transaction to a server before the broadcasting is done.

Despite this claim, according to a recent report by researchers, the technology is substantially flawed and the issue can not be solved. This was stated after a developer succeeded in tracking over 90 percent of the transfers that took place on this network before everything was sent to the program that collects all the transactions that took place.

The researcher that conducted this experiment stated in his conclusion that the network is flawed, can not be fixed and shouldn’t be considered an alternative to similar projects, mainly Monero and ZCash, anymore.

Burkett’s efforts to improve the system will be funded by the Litecoin Foundation as he also will work on their other project with Litecoin. This was announced by Charlie Lee, creator of Litecoin, in October of this year.

The Litecoin Foundation is working to improve the crypto space. To find out more information about Litecoin and stay up-to-date, check out Litecoin Price updates.

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SBI HOLDINGS SWITCHING TO XRP

SBI Holdings, a financial service company based in Japan, announced that it is contemplating payments in XRP tokens for shareholders. This is after it’s subsidiary financial company, MorningStar, began using XRP.

MorningStar started offering dividends in XRP to shareholders earlier in 2019 and, after that, the Chief Executive Officer of SBI Holdings, Yoshitaka Kitao, announced that perhaps the business is considering to follow in their subsidiary’s footsteps. This was reported by Cointelegraoh Japan on the 5th of December. The program will be launched in March 2020 and the program will be opt-in.

MorningStar, the financial research firm,  disclosed its intention to use XRP tokens for dividends in August of this year. During the announcement, MorningStar stated that it will offer 30 crypto tokens to shareholders if by the end of next month they owned at least 100 shares.

After the company launched XRP token dividends, there was a significant rise of the use of the cryptocurrency exchange by SBI, the SBI VIC Trade.

SBI Holdings has worked with Ripple, the company that issues XRP, before. The two firms have a joint venture SBI Ripple Asia that was launched in order to encourage usage of the XRP token in Asia three years ago.

When SBI released its new financial report in October 2019, they made an emphasis on the great importance of the Ripple technology and its influence on SBI. This April, Yoshitaka Kitao also became the executive of Ripple Labs and Kitao stated that he is planning to keep encouraging usage of blockchain technology and the application of crypto coins in the financial service industry in Asia, especially in Japan. He also added that his main goal is creating a service that provides people high benefits.

 

Ripple is taking over the world and developing the global financial system. To learn more information about Ripple & stay up-to-date, take a look at Ripple Price updates & Ripple (XRP) Price Predictions.

 

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CIVIC CO-FOUNDER BITCOIN PREDICTION

The co-founder of Civic.com, Vinny Lingham, stated that although Bitcoin (BTC) won’t reach 28,000 USD in 2019, it still has the potential to get to 20,000 USD by the end of the year. Lingham even bet in charity that her predictions will be true.

Although there is only a few days left until the end of this year (as well as this decade), the founder and director of Standpoint Research, a US-based research company, Vinny Lingham and Ronnie Moas. The prediction was made by the two crypto enthusiasts in 2018 during the last day of the World Crypto Con. Travis Wright and Joel Comm from the podcast Bad Crypto had organized this event.

When the prediction is happening, Vinny stated that the people who’s predictions turn out to be false, will have to donate 20,000 USD to a charity that offers legal help to Ross Ulbrich, FreeRoss.org. Ulbrich was sent to jail for the creation of an anonymous market named Silk Road. He was convicted in February 2015 with charges of money laundering, hacking and was sentenced to two life imprisonments.

At the time, Vinny stated that Bitcoin could possibly reach 28,000 USD on “crypto exchanges with a good reputation.” Yet, Moas had a different idea, she believes that Bitcoin will hit 100,000 USD in only 5 years. She also stated that the rise will increase in speed after the Bitcoin halving that’s going to take place next year. Although some people were skeptical of Ronnie’s predictions, she defended her stance by saying that years ago everyone said that Amazon is overvalued and the current value of the company in 800 billion USD. However, she also said that Bitcoin and Amazon aren’t exactly comparable.

 

As the next Bitcoin halving approaches, the prices are expected to rise. To learn more about Bitcoin and its price, take a look at  Bitcoin Price updates and Bitcoin (BTC) Price Predictions. Stay on top of your investments.

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BITCOIN AND CRYPTO LOANS

The crypto industry has been around for only a decade and is fairly new. However, throughout this short period of time, there have been numerous advancements made in the crypto world. One of the newest developments is the rise of platforms created to lend loans to people with crypto coins. Every one of these platforms has a unique strategy, yet, the common theme is getting cryptocurrency by use of smart contracts.

Interest, as well as credit payments, are tracked through the smart contracts, which also prevent interference in the process. In contrast to traditional loans, credit checks and scoring are not needed. The lender also can’t apply physical pressure towards the borrower.

Crypto loans appeared in the public eye last year when the market was suffering and Bitcoin prices were declining rapidly. There were many crypto investors at that time that did not want to sell the coins with low prices, so they lent their crypto investments and earned money through interest.

There are numerous reasons why crypto loans earned popularity in the crypto community. The interest rates of crypto lending are low. In addition, there was a significant increase in the number of crypto owners that were interested in receiving profits quickly. The system for crypto loans is usually much more efficient than the traditional system, which means that people that were refused loans by banks could switch to cryptocurrency.

This new market grew very quickly and is currently estimated at around 4.7 billion USD. The number of users is increasing on the daily basis. Based on numerous reports, lenders have made 86 million in interest in the last year and the volume of lending grew to 159 million USD in the second quarter of 2019.

As the crypto market, particularly Bitcoin, is seeing an increase in prices, the crypto loan industry is becoming bigger and bigger.

 

Bitcoin is gaining more and more attention as the next reward halving is approaching. To find out more Bitcoin and its price, check out  Bitcoin Price updates and Bitcoin (BTC) Price Predictions.

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ETHEREUM 2.0 UPDATE REPORT IS OUT

Prysmatic Labs, a company created to solve the issues of Ethereum’s scalability, released a new report on the Ethereum 2.0 development as well as fresh updates. In the report, the new modifications were talked about in detail along with new stages that are meant to reduce the difficulty regarding further development of the blockchain technology.

According to the report, on November 21, the revision of prism nodes was finalized. As a result, incoming variations were rejected. After a while, the Prysmatic Labs team also faced an issue regarding fork choices, this lead to a conflict of ideas on the right finalized checkpoint.

After this, the employees made a decision to write a code in order to locate the bad node and, by using different techniques finally narrowed down the issue at hand. Based on the report, employees also upgraded the block processing time by diminishing issues in the database.

The team claimed that currently a laptop can sync from 50 to 60 blocks in a second on their network, hence, the database size decreased to 600 MB in combination with additional features.  What this means is that it’s now possible to sync 150,000 blocks per hour to the head block.

As stated in the report, during the last couple of weeks, other new features were also added to the testnet. Now it is possible to filter through active validators and see whether an epoch is finalized or not. On the other hand, another new feature allows users to directly filter through genesis data.

In addition, under the ‘upcoming’ section the team mentioned that they will focus on integration of Slasher with the Beacon Node as well as improving the Person To Person (P2P)  network by enhancing the connection manager to have a hard limit on peers.

To learn more information about Ethereum & Ether price, take a look at Ethereum Price updates as well as Ethereum Price Predictions. Be in charge of the potential price and crypto market movements by staying informed.

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XRP PRICE PREDICTIONS

During the last weeks, prices of cryptocurrencies have been suffering. According to Coin360, the value of big cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP and others connected to them, dropped by 20 percent in only a month. The main reason for price falls was considered the actions from Chinese regulators towards cryptocurrency exchanges.

However, according to recent analysis, the price of the third-largest crypto coin by market cap, XRP, is going to grow, especially compared to Bitcoin. A famous crypto investor, that at the beginning of 2019 gave very accurate crypto predictions,  suggested that the XRP/BTC pair is going to rise rapidly. A declining resistance line is rumored to be about to break.

The crypto investor mentioned that considering how important this breakthrough is, this might be an opportunity to make Bitcoins easily. Yet, he also mentioned that the price might not rise as quickly and that this shouldn’t be taken as direct investment advice.

After this investor’s prediction, signs appeared of an altcoin price growth, which means that XRP price is going to rise too as it is such a big cryptocurrency.

A former cryptocurrency analyst, according to Ethereum World News, stated that altcoins are displaying strength, which would probably result in price growth. Backing this prediction, he showed that the ALTS/BTC pair is about to break out of a bearish section.

In the past days, XRP has shown other positive signs for potential rise. Only in the last week, both the company, Ripple, and the coin, XRP have been mentioned in large publications such as BBC and Bloomberg. There have been also financial companies that were rumored to start using Ripple for transfers soon.

 

To get more information on Ripple & XRP price, check out Ripple Price updates & Ripple (XRP) Price Predictions to stay up to date with the changing price & market movements.

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CARDANO PRICE RISE AFTER ADAPAY RELEASE

The Cardano Foundation, in collaboration with COTI, launched AdaPay. By using this new service Ada users have the ability to convert the crypto coin into 35 different fiat currencies. After that, the currency is sent to the person’s bank account in real-time.  In order to use the AdaPay service, a user should join the COTIpay platform, a digital space that enables accepting all payment methods, making transfers easier than ever.  AdaPay is meant to make it easier to pay with Ada tokens. The Cardano Foundation is famous for being an advocate for using blockchain in real life, specifically in Business To Business (B2B) payments.

The solution was launched on November 28, 2019. Through AdaPay businesses can easily launch a Cardano-based payment gateway. To do this the representative of the business should only fill out a short form. However, there is a requirement for a minimum sales volume of 50,000 USD. The settlement to a bank account is almost instant, which means that the Cardano Foundation has created a new type of payment method which combines advantages of crypto and traditional payments.

Unsurprisingly, after the release of AdaPay, the price of the token grew The response of the market to Cardano’s solution release was very bullish. During the last couple of days, ADA price increased by 25 percent rising to 0.041 USD. ADA even briefly entered the TOP 10 cryptocurrency list based on market capitalization. However, at the present time, ADA is listed as 12th on the basis of market cap right after TRON (TRX) with a market cap of almost 26 billion USD.

The Cardano Foundation is working on building new ways to make using cryptocurrency for payments more convenient. To find out more information and detail about Cardano and ADA price, check out Cardano Price updates and Cardano Price Predictions to be more conscious of the market and your investment decisions.

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BTC AND BCH HALVING PREDICTIONS

The next Bitcoin reward halving is quickly approaching and there are only 164 days left. Despite this and the fact that Bitcoin price dropped last month, the hash rates on Bitcoin (BTC) as well as Bitcoin Cash (BCH) chains have remained stable. In the face of the next halving, a number of miners have been accumulating crypto coins, since generally after reward halving we see a rise in crypto prices. Together with this, according to recent analysis, despite the bearish price trends in recent months, things might be heading in a positive direction for the crypto community.

Looking closely at halving cycles, we can see that the current pre-halving course is very similar to the previous two ones. Each cycle consists of 210,000 blocks, which is four years. Right before the end of each cycle, there can be seen major price lows, and post-halving highs are also the standard. This is one of the reasons why many crypto enthusiasts have high predictions for Bitcoin in 2020 and onward.  Yet, the cycle peaks are also expected to be lower than previously each time. Even with this prediction, the Bitcoin price could potentially hit 80,000 USD.

As Bitcoin mining is going to happen in May 2020, a month before, the Bitcoin Cash halving will happen. This gives way to a lot of speculations. There is a hypothesis that as some businesses dropped Bitcoin and moved to other crypto coins and as many Bitcoin owners turn from users to HODLers, the Bitcoin Cash halving will somehow affect the price of Bitcoin.

However, as the supply of Bitcoin lowers after the mining and the interest grows, there is a reason to expect that 2020 will be a good year for Bitcoin. As in 2019 the first crypto coin’s price also drastically grew after the crash of 2018.

To stay up-to-date with Bitcoin, its price, and other related news, check out Bitcoin Price updates and Bitcoin (BTC) Price Predictions.

 

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BITSTAMP USES RIPPLE FOR TRANSFERS

Bitstamp, a Luxemburg-based bitcoin exchange, offers United States Dollar (USD), Euro (EUR), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP) and Bitcoin Cash (BCH) deposits and withdrawals. Bitstamp is also considered to be one of the biggest cryptocurrency exchanges and recently the platform added a feature to instantly fund accounts with the USD through Ripple. This was made possible by the launch of an on-demand Ripple liquidity corridor.

A month ago Ripple, a blockchain-based platform that improves global payments, reached 300 customers making 2019 the most successful year for the company. More than twenty businesses are currently working through the On-Demand Liquidity(ODL) by Ripple for international payments.

The Chief Executive Officer of FlashFX, a company that uses Ripple’s technology, said that being among the first adopters of the technology, they have noticed the advantages that it provides and see that it has the potential to be used for more than global payments.

Ripple recently invested 50 million USD in MoneyGram, a US-based company that works on international financial transactions, and released new payment corridors throughout Europe and Australia. One of the conditions of the deal was to use Ripple’s currency, XRP, as a bridge in order to increase the adoption of the crypto coin.

The number of XRP transactions reached an all-time high on November 23, for the first time the number exceeded 4 million.

It was recently announced by FlashFX that the crypto exchange, Bitstamp, is now using the Ripple system instead of SWIFT making international transactions faster, cheaper and easier. The Chief Executive Officer of Ripple also commented that Ripple is a much better alternative for SWIFT.

Even though Ripple’s cryptocurrency has a volatile price it is much more efficient for international trading.

 

Ripple is gaining more support and adoption daily. To get more information about this platform & XRP, check out Ripple Price updates & Ripple (XRP) Price Predictions.

 

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INCREASING STELLAR TRADING SUPPORT

One of the most prominent issues throughout the history of crypto coins is mainstream adoption. Although the usage of cryptocurrency is increasing yearly, it is still not at its peak. Recently three prominent cryptocurrencies Stellar Lumens, Ravencoin and Verge have increased their adoption as it was announced by three crypto exchanges that the coins will be traded there.

A Switzerland-based exchange, SMART VOLAR, announced this week that it will add Stellar Lumens (XLM), a coin that is ranked in the TOP 10 cryptocurrency list with a market cap of more than 1 billion USD, to its trading platform. The coin was chosen due to its fast payment network and unique approach. It also has one of the lowest transaction fees and by introducing Stellar Lumens, the exchange will have more options to offer.

Days later another crypto exchange, Changelly, declared that it will have Ravencoin (RVN) on the platform soon. Changelly is a non-custodial crypto exchange founded in 2015 that currently carries over 150 coins on the platform. Ravencoin, on the other hand, is ranking 46th in Coinmarketcap.com with a market cap over 110 million USD. The coin also recently won a token poll organized by HitBTC.

Bitfare, a cryptocurrency trading platform founded in 2019, announced that it will incorporate Verge (XVG) on the platform on December 6. The exchange also stated that there will be six trading pairs with the coin including Bitcoin, Ethereum and Tether. Verge is an up-and-coming coin ranked in the TOP 100 cryptocurrencies with the highest market cap. It is available on the Bitfare platform and presently is in the pre-trade stage.

 

Stellar Lumens is getting bigger and bigger in the community every day with its high speed and low cost service. To gain more information about Stellar Lumens & its price, check out XLM Price updates and Stellar Lumen (XLM) Price Predictions. Be informed about the crypto market and the coins that you invest in.

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