Veteran trader opens a FOMO position on Stellar Lumens and a few other altcoins while Bitcoin price continues to trade sideways and numerous top-10 cryptocurrencies post gains. Altcoins have been inching their way deeper into my trading routine and this seventh entry of the crypto trading journal features a newly opened position on VeChain (VET),…
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In the past few sessions, bitcoin price declined below the USD 9,350 and USD 9,250 support levels. BTC/USD is now trading below USD 9,150 and it seems like it could continue to slide towards the USD 9,000 and USD 8,850 support levels. Similarly, altcoins started a fresh decline below key supports, including ethereum, XRP, bitcoin…
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The former head of People’s Bank of China, Zhou Xiaochuan has argued that Libra would be more readily trusted if it were in the hands of an entity like the IMF. The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more readily trusted if it…
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A senior U.S. federal official argued that Facebook’s Libra highlights the need for the FED to urgently launch its own real-time payments system — FedNow. A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system. In…
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Within the decentralized nature of blockchain technology lies a chance to avoid the financial collapse rooted in the concepts of center and power. A central bank’s role is to manage a nation’s currency, money supply and interest rates. The United States did not have a central bank until 1913, when Woodrow Wilson signed the Federal…
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SatoshiLabs, the manufacturer of the Trezor hardware wallet, has moved to distance itself from a somewhat unexpected endorsement from Venezuelan president Nicolás Maduro. Around 18 minutes into an hour-long state TV segment on cryptocurrencies that was also shared on the president’s Facebook page, Maduro met representatives of a company named Trezorvenezuela, who gifted the Read…
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While Tezos (XTZ) became the best-performing coin among the top 100 by market capitalization yesterday, still being among the top five in that category, Ripple (XRP) found itself among the worst performing major coins today. Though the week was quite busy for Ripple, the recent news doesn’t seem to have had a positive influence on…
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After more than a week of ranging in a $500 zone, BTC/USD saw an attempt at a break, now falls below $9K. Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move. Data from Coin360 showed BTC/USD breaking out of its narrow…
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New York-based fintech Tassat has succeeded in obtaining regulatory approval for the launch of a crypto derivatives exchange. New York-based financial technology firm Tassat — formerly known as trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange. According to an announcement from the United States…
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Head of cryptography at IoTeX says the blockchain community should address three issues to prevent being overtaken by quantum computers. The blockchain community should immediately begin working on three issues to prevent being overtaken by quantum computers, a cryptography expert says. Xinxin Fan, head of cryptography at privacy- and IoT-focused blockchain platform IoTeX, published an…
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