Blog: Coingape

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Author Achal Arya, Anupam Varshney, Bhushan Akolkar, John Isige, Ketaki Dixit, Martin Young, Nivesh Rustgi, Prashant k Jha, Sunil Sharma,
Stats Has published 342 posts about cryptocurrency

Nov 29 2020

Editorial: Why the 2020 Bitcoin Bull Run Ain’t Over Yet?

Nov 29 2020 Published at Coingape under tags  bitcoin bitcoin adoption btc btcbrl btcbusd

Bitcoin experienced a $3,000 price crash as it was inching close to its 2017 price high, the price fell from $19,800 to below %16,500. Currently, bitcoin is consolidating around $17,000 and is expected to bounce back and go past its all time high. However, despite the price crash, the bitcoin community is quite bullish as The post Editorial: Why the 2020 Bitcoin Bull...

Bitcoin (BTC) Surges 5% Above $18,000 As Guggenheim’s Entry Sparks Excitement

Nov 29 2020 Published at Coingape under tags  bitcoin news bitcoin price btcbrl btcbusd btcdai

After consolidating a while at around $17,200 levels, BTC price has once again surged 5.74% today surpassing $18,000 levels. At press time, Bitcoin (BTC) is trading at a price of $18,054 with a...

Nov 28 2020

Ripple Sells 1/3rd of Its Stake in MoneyGram

Nov 28 2020 Published at Coingape under tags  altcoin altcoin news blockchain moneygram news

Ripple in a first of its kind move has filed for selling one-third of its shares in MoneyGram, one of its key strategic partners from 2019. The blockchain solution provider had completed a $50 million investment in MoneyGram in November last year. According to the official filing made with the SEC, Ripple currently owns 6.22 The post Ripple Sells 1/3rd of Its Stake...

Nov 27 2020

Peter Schiff Calls For Bitcoin’s Doom Again With New KYC Regulations

Nov 27 2020 Published at Coingape under tags  aml bitcoin bitcoin news btcbrl btcbusd

Famous gold proponent Peter Schiff is not a big fan of bitcoin and has predicted the top cryptocurrency's doom on a number of occasions. Schiff's last prediction came after the...

Breaking: German Finance Minister Wants ECB to Finalize Digital Euro Plans Faster

Nov 27 2020 Published at Coingape under tags  btcusd btcusdt cbdc german finance minister news

Olaf Scholz, the German Finance minister on Friday said that the European Central Bank must work very hard towards finalizing their plans for a digital Euro and a digital payment network. Scholz's comment came during an online conference on future payments. The finance minister noted that the growing demand for a national digital payment system The post Breaking: German Finance Minister Wants ECB...

Ethereum All Set to Transition From PoW to PoS, Vitalik Praises Developers Working on ETH 2.0

Nov 27 2020 Published at Coingape under tags  altcoin news beacon chain eth 2.0 ethaud ethbrl

ETH 2.0 met the threshold number of validators before the cut-off date of November 24 making way for a timely launch of Phase 0 in the form of the Beacon chain on December 1st. The Bacon Chain launch would mark the beginning of a new era for Ethereum blockchain as it moves from a Proof-of-work The post Ethereum All Set to Transition From...

BTC Slips Below $17,000 As Bitcoin Whales Are Ready for the Dump

Bitcoin bulls should take a moment of caution as this might not be the right time for accumulation. As per the latest reports, Bitcoin Whales have accelerated depositing of their BTC holdings to exchanges. Meaning, we can possibly...

Libra Hires Former Credit Suisse Executive Saumya Bhavsar As New General Cunsel

Nov 27 2020 Published at Coingape under tags  altcoin btcusd btcusdt libra libra association

Facebook's digital currency project Libra has hired Saumya Bhavsar, the former global head of regulatory affairs and data protection at Credit Suisse as the new general counsel for Libra Networks, a fully owned subsidiary of Libra Association. Libra network would be responsible for the rollout of the libra digital stable coin and the Novi digital The post Libra Hires Former Credit Suisse Executive...

Polkadot relentless in the fight to sustain the uptrend after a 33% drop

Polkadot bulls are working around the clock to reclaim the ground within an ascending parallel channel. DOT/USD must close the day the 100 SMA to confirm the uptrend towards $5.4. Polkadot was...

Bitcoin rebounds from $16,200 but stuck between stacks of critical support and resistance areas

Bitcoin called out for more buy orders after diving from the yearly high at $19,500 to the support at $16,200. BTC/USD eyes recovery to the 50 SMA before making the final leg up to the...

Nov 26 2020

Ethereum struggles with recovery to $600 following flash drop to $480

Nov 26 2020 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

Ethereum rebounds above $500 but struggles with the uptrend to the 50 SMA and $600, respectively. ETH/USD has to close the day above the 100 SMA and perhaps rise above the 50 SMA to sustain the...

MicroStrategy Founder Predicts Bitcoin Would Become Primary Treasury Reserve Asset

Nov 26 2020 Published at Coingape under tags  bitcoin bitcoin news btcbusd btcdai btceur

Microstrategy, business analytics, and mobility platform decided to convert a portion of their company's treasury reserve and...

BTC’s 5% Crash Gives Peter Schiff One More Chance to Rant About Bitcoin Bubble

Nov 26 2020 Published at Coingape under tags  apple bitcoin crash bitcoin news btcbrl btcbusd

In a broader crypto market correction, Bitcoin has tanked over 5% slipping below $18,000 levels by losing more than $1000 in a flash. This crash comes just at a time when BTC was making efforts...

Bitcoin dives from multi-yearly high to $18,400 despite positive on-chain metrics

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has...

Nov 25 2020

US National Intelligence Director Writes to SEC Over China’s Growing Dominance in Cryptocurrencies

Nov 25 2020 Published at Coingape under tags  altcoin altcoin news bitcoin bitcoin news btcbrl

China's growing influence in the digital currency space has got the US intelligence community on their toes as they see it as a threat to financial security. As per a recent report, the Director of National Intelligence John Ratcliffe wrote a letter to the Security and Exchange Commission (SEC) Chairman Jay Clayton expressing his concerns over China's The post US National Intelligence Director...

VanEck Europe Launches Physical Bitcoin Backed ETN on Deutsche Börse Xetra

VanEck, one of the largest investment management firms has successfully launched a bitcoin-backed Exchange Traded Note (ETN) which is listed on Deutsche Börse Xetra. The investment management firm has been quite active in its approach to launch a Bitcoin Exchange Traded Product for quite some time. The firm spent most of 2019 trying to pursue The post VanEck Europe Launches Physical Bitcoin Backed...

ETH-BTC Correlation Drops Below 50% Signalling Bull Run Ahead

Nov 25 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

In the latest development, crypto market analysts from Skew have stated that the ETH-BTC correlation has dropped below 50% for the first time since January 2018. The drop in the correlation indicates that we might...

Is Queen Of England a Bitcoin Hodler? Crypto Community Speculates Over Her Interest in Blockchain

Nov 25 2020 Published at Coingape under tags  bitcoin bitcoin news btcbusd btceur btcgbp

The ongoing bull run has made many influential people come out and reveal that they have been hodling bitcoin for quite some time now. Many mainstream financial and traditional hedge fund managers have revealed that the demand for Bitcoin is sky...

Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management

Nov 25 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale...

Ethereum technical indexes spell doom after rejection from $600

Nov 25 2020 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

Ethereum is on the cusp of a breakdown to $520 after losing support above $600. Ether bulls must defend the support at the ascending parallel channel’s lower boundary to avert the brewing losses....

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