Category Archives: coingape

ETH/BTC Analysis: Ethereum Price Facing Uphill Task Vs Bitcoin

Ethereum price declined further below the 0.0250BTC support bitcoin and below $90.00 versus the US dollar. ETH/BTC is still facing a lot of hurdles on the upside near 0.0270BTC. Important Points: Ethereum price extended losses and declined below the 0.0280BTC and 0.0250BTC supports. ETH/BTC is trading below two important bearish trend lines with resistance near 0.0270BTC on the… Read More »

Opera Rolls New Blockchain-Oriented Browser To Interact You With Web 3.0

During the Hard Fork Decentralized Event in London which was held for three days (December 12 -14), Opera announced the launch of cryptocurrency wallet on its Android App. Opera’s new blockchain oriented browser is particularly built to help users browse with the decentralized web or Web 3.0. First Browser with Decentralized Mechanism This is the first of its… Read More »

Cryptocurrency User Base Swells Despite Market Meltdown: Cambridge University Research

Over the past few weeks, cryptocurrencies prices are in the different mood of their own. As one believes the prices have reached the floor, the price breaks the support levels and sink deeper. While bears seem to be in command of the market, there is some positive fundamental news for the cryptocurrencies. According to the latest report put… Read More »

Ripple And Finablr’s UAE Exchange To Debut Blockchain Payments By Early 2019

Soon by the first quarter of the 2019, Asia may experience the cross-border payment settlement system. According to the local press, UAE Exchange is joining hands with U.S startup Ripple to offer cross-border remittances to Asia based on the blockchain. Promoth Manghat, executive director and chief executive at Finablr states; “We expect to go live with Ripple by… Read More »

Bullish on Ethereum But $20,000 a Conservative Bitcoin Price Prediction for 2019, Andy Cheung of OKEx

While Bitcoin is crashing, Andy Cheung, head of operations at OKEx exchange predicts Bitcoin to hit higher than $20,000 next year. However, he is more bullish on Ethereum development which has its hard fork coming in January. Predicting a Big Year Ahead for Bitcoin & Ethereum Bitcoin is currently trading at about $3,400, down more than 82 percent… Read More »

Anonymous Group of Southern Cameroons Launches AmbaCoin Cryptocurrency

Anglophone separatist scholars, technocrats and developers are set to launch their own cryptocurrency known as “AmbaCoin”. The cryptocurrency is said to be built by an anonymous group related to separatists of “The Federal Republic of Ambazonia” or Southern Cameroons who are striving for the recognition of Africa’s newest country. The ‘Federal Republic of Ambazonia’ or ‘Southern Cameroons’ is… Read More »

Ex-Chief of MtGox Exchange Sentenced to Ten Years in Prison

The latest report from a local media of Japan unveiled that Former CEO of MtGox bitcoin Exchange has fraudulently manipulated data and scammed $3million worth of virtual currencies – henceforth, prosecutors proposes 10 years prison term at the Tokyo District Court. Manipulation of Trading System Mt. Gox Co., was once the largest cryptocurrency exchange of Japan and became bank… Read More »

Swiss ETP Sees Rising Volumes As Savvy Investors Buy In Sluggish Market

It’s not a long time ago when the Swiss Exchange SIX launched the worlds first exchanges traded product. The ETP was anticipated to bring in some institutional monies in cryptos and the recent data shows that it has disappointed. The ETP has recorded some strong volume and inflows it happens to coincide with the drop in Bitcoin and… Read More »

Bitcoin Price Analysis: BTC Sighting Upside Break Towards $3,700

Bitcoin price found support near the $3,325-3,330 support area and later recovered against the US Dollar. BTC/USD may continue to rise towards the $3,553 or $3,700 resistances. Important Points: Bitcoin price corrected lower recently and found support near the $3,330 level. BTC/USD broke a crucial bearish trend line with resistance at $3,385 on the 2-hours chart. BTC price… Read More »

CFTC Plans to Seek Public Feedback on Ether

The latest report on Ethereum future contract unveiled that the Commodity Futures Trading Commission (CFTC) is looking for an in-depth analysis of Etherum blockchain. Official announcement which was released on December 11, 2018 states that the commission would need a better understanding of ETH and how it goes beyond Bitcoin future. The statement reads as; The Commodity Futures… Read More »