Blockchain 

Libra Vice Chair Unconcerned By High Profile Departures

Dante Disparte, Vice-Chair of the Libra Association, said that he was unconcerned by recent high-profile departures from the project just two weeks after Vodafone became the latest name to ditch the proposed digital coin. Speaking to CoinDesk at the World Economic Forum in Davos last week, Disparte said that the Libra project was picking up pace despite huge regulatory resistance to the project and the departure of several of the association’s initial supporters, namely Mastercard, Visa, and Vodafone. He also said that the door remains open for those firms to…

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Ethereum 

Bitcoin (BTC) Soars to 4-Month High, Crosses $10K Mark

At this time last year, Bitcoin was in the middle of a rollicking rally, and the situation seems to have panned out in the same way in 2020. In a development that will come as a big boost for those who have invested in the world’s biggest cryptocurrency, BTC reached its highest level since October on February 9. The token is back above the level of $10,000, and it remains to be seen if it can go on a similar rally like last year. It should be noted that $10,000…

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Ethereum 

Bitcoin Cash (BCH) Gains Momentum, Soars 16% on High Volume

Over the past years, the altcoins market has grown at a breathtaking pace, and during this period, Bitcoin Cash (BCH) has emerged as one of the more popular ones. This week, BCH emerged as one of the biggest gainers in the crypto space and gained as much as 16% in the past 24 hours as altcoins seemed to make a comeback. It should be noted that 2019 was a pretty disappointing year for altcoins; however, things seemed to have changed for the better in 2020. Much of BCH’s surge took…

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Ethereum 

Bitcoin Jumps to 2-Month High on CME Futures and Options Boost

Bitcoin (BTC) is the subject of increased buying momentum after coming under pressure early in the year. After plummeting to $6,860, the flagship token has bounced back and is currently staring at a 2-month high of $9,000. The 15%+ rally has come at the back of improvements in fundamentals. Bitcoin Futures Boost BTC According to Valiendero Digital Assets founder and CIO Christopher Brookins, Bitcoin was oversold in the fourth quarter. With the bottom firmly in, Brookins expects the coin to continue powering high amidst a confluence of fundamentals and technical.…

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Ethereum 

Tezos (XTZ) Hits New High for 2019, Market Cap Tops $1.4 Billion

Tezos (XTZ) is having a strong end to 2019, with the token seeing its price surge over 85% since early November. This boosts expectations for appreciation going forward as adoption continues to grow following initial skepticism. XTZ Storms into the Top Ten This week, the digital coin continues its impressive performance and gained 25%, making it the best-performing token among the top ten digital coins. Currently, the coin is trading at $1.72. On December 8, the token stormed into the top ten coins by market cap for the first time.…

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Blockchain 

Litecoin (LTC) Slumps Over 60% from This Year’s High

The rally in the cryptocurrency space over the course of the first six months of the year was nothing short of staggering and although Litecoin did not gain as much as many thought it would, it did not drop alarmingly either. That being said, LTC has dropped in value dramatically from its highs this year. Why the Sudden Fall? Things have become particularly chaotic over the past few days as LTC kept dropping in price at almost all exchanges worldwide. However, the most important thing to point out in this…

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Blockchain 

Litecoin (LTC) Corrects 35% From 52-Week High, What’s Next?

2019 has been an excellent year for cryptocurrencies, with most tokens having gained considerably from their lows of 2018. However, the month of July has not been kind at all as statements from key figures like the United States President and the head of the Federal Reserve have wrecked the market over the past seven days. In that regard, Litecoin (LTC) has not been able to escape the carnage either and has lost some of its value during this period. That being said, there is, at last, some good news…

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Blockchain 

Bitcoin (BTC) Moves Up Again, Hits New High Above $9,300

Over the past few months, Bitcoin (BTC) has been surging and it has hit a new year-to-date high surpassing the $9,000 level for the second time in 2019, a feat that has left investors looking at the $10,000 mark. Bitcoin Rallying Bitcoin is 151% up year-to-date and the rallying of the most popular cryptocurrency has been associated with the inauguration of the CME Bitcoin futures market. In the last session, the coin was up by 7.50%, hitting price highs per of $9,387 on Bitstamp Exchange before experiencing a slight fall.…

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Blockchain 

Litecoin Continues Its Robust Performance, Hits New 52-Week High

In the last five months, Litecoin (LTC) has performed exceptionally in the cryptocurrency market and has grown 3.5 times. On Monday, Litecoin’s price grew to its highest level in the last 12 months, rising to $128.07. The last time the price of the coin came close to that was last year on May 23 when it traded at $126. LTC Performing Well Despite Market Fluctuations Currently, Litecoin is defying odds and continues to perform well despite the current market fluctuations. There has been mass adoption of Litecoin that is driven…

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Blockchain 

Ripple (XRP) Records 5-Month High: Trading Volumes Continue Increasing

When Ripple (XRP) was created, the developers had in mind a platform that could support financial and banking institutions. Almost a decade later, the company has started to see success, and although it’s not quite at a rate that was expected, there is some visible progress. Ripple Growing Relationship with Institutions The company has already established an excellent working relationship with a number of central banks such as the Saudi Arabia Monetary Authority, the central bank of Saudi Arabia. According to former Chief Market Strategist Cory Johnson, the company also…

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