Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000

Wednesday, August 15, 2018

Key Highlights Ripple price recovered nicely and moved above the $0.2750 resistance area against the US dollar. This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps break the $0.2900-0.3000 resistance area for more gains in the near term. Ripple price corrected higher against the US Dollar and Bitcoin….

New Player to Offer Next Generation ASIC Chips This Year

Wednesday, August 15, 2018

A new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities.    Also read: Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar…

Ether Price Analysis: Historic Support Breaks, Leads to Signs of Capitulation

Tuesday, August 14, 2018

In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation. The entire crypto market, as a whole, is showing signs of capitulation as many alts have seen similar devaluations in shorter periods of time than ETHUSD. Similar to many other coins, ether…

Blockchain Provider Axoni Raises US$32M From Goldman Sachs, Nacy Partners

Tuesday, August 14, 2018

Axoni, a provider of enterprise blockchain technology, has raised US$32 million in a Series B funding round led by Goldman Sachs and Nyca Partners. The round included participation from Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo, and Y Combinator. It brings Axoni’s total […] The post Blockchain Provider Axoni Raises US$32M From Goldman Sachs, Nacy Partners appeared first…

Cryptocurrency—The World of Virtual Coins

Tuesday, August 14, 2018

Cryptocurrency has become worldwide famous among the people. Many believe that investing in cryptocurrency will generate more revenue this year. Many people have internet access today, which is one of the reasons why investing in cryptocurrency is increasing day by day. Virtual Coins Virtual coins are known as a dispersing electronic form of currency that does not have any presence in physical form. Virtual coins are a specific form of digital…

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