Facebook Crypto Ad Ban | Platform Loosens Restriction on Crypto Ads

According to CNBC, Facebook said on Wednesday that it will loosen its ban on cryptocurrency advertising on its platform. The result will allow businesses related to crypto and blockchain to promote their projects on the social network. The Facebook crypto ad ban first came into effect in January 2018. Facebook Crypto Ad Ban The social media giant first started blocking ads on initial coin offerings, saying it had concerns for its users’ welfare. It was afraid that many would fall for scams and fraudulent crypto products. But earlier this year…

Is Ripple (XRP) the Liquid alternative of Tether or USDC?

Ripple (XRP) prices slide 1.7 percent The rollout of xCurrent 4.0 is an opportunity for banks to upgrade and even adopt xRapid That the World Bank and the IMF have Ripple Inc in their reports is bullish. At the core, Ripple Inc is introducing speed, efficiency and cost savings in the fund remittance sector searching for alternatives. Even so, the unregulated nature of XRP is slowing down adoption as prices range within a 4 cents zone. Ripple (XRP) Price Analysis Fundamentals For the extended consolidation, Ripple (XRP) is said to…

Ethereum (ETH) Decoupling, Project Has More Monthly Active Developers

Ethereum (ETH) up 5.3 percent Monthly active developers in Ethereum high at 216 On average there are 216 monthly active developers working on improving Ethereum (ETH) better. That is bullish now that the aim is to transition from Proof-of-Work to a staking system in Serenity. In the long term, ETH is bullish. Meanwhile, prices must close above $190 in a breakout trade. Ethereum Price Analysis Fundamentals The crypto space is vibrant and back to green. Even so, we should note that there is a degree of decoupling between Bitcoin, the…

Bitcoin (BTC) Dominance Jump after Price Spike, Analysts Cautious

Bitcoin (BTC) up above $6,000 adding 12.4 percent Divergence in volumes despite strong fundamentals Analysts are throwing caution to wind warning investors that prices may correct lower in days ahead. All the same, Bitcoin (BTC) bulls are firm, trading above $6,000, rejecting lower lows and up 12.4 percent in the last week. Bitcoin Price Analysis Fundamentals After a long, dilapidating winter, bulls are back, and to that end, it is a new milestone for the world’s most valuable coin. Although there are different sentiments on matters price, it evident that…

Morgan Creek’s Mark Yusko Explains His $400,000 Bitcoin Price Prediction

Bitcoin’s gradually developing infrastructure could send its value to $400,000, according to Mark Yusko. The Morgan Creek Capital Founder told BloxLive TV that the world’s largest cryptocurrency was perhaps a decade away from becoming a Digital Gold. He explained that Bitcoin was gaining adoption in similar ways the yellow metal did over the gone centuries. But the cryptocurrency was few steps ahead Gold in terms of use cases. Excerpts from Yusko’s statement: “Bitcoin is much easier to transport. It is much easier to divide. It is tough to break a bar…

Here’s Why Bitcoin Price is Looking at an Eye-Popping Bull Run

Hackers stole $40 million worth of bitcoin from one of the largest cryptocurrency exchanges; the New York Attorney General sued a bitcoin exchange for allegedly hiding its insolvency; the Chinese government hinted that it would ban bitcoin mining operations. But none of these adverse events could stop the cryptocurrency from rising above $6,000. The BTC/USD instrument on Thursday reached its 2019 high towards $6,096, its highest in 2019. The price action helped the pair reclaim a psychological target at $6,000 which had a strong probability of deflecting the bitcoin uptrend.…

Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens

The government of Liechtenstein announced that it has passed new tokenization, virtual asset service provider and blockchain regulation in a press release published on May 8. Per the release, the new Token and VT Service Providers Act, passed on May 7, aims to improve investor protection, combat money laundering and establish clarity. The announcement also cites tokenized securities and how digital token systems can be used to tokenize real-world assets. The new law reportedly regulates “transaction systems based on trust technologies,” instead of explicitly referring to blockchain, to make sure…

Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?

Bitcoin price extended gains and traded to a new 2019 high above $6,080 against the US Dollar. The price surged higher towards the $6,100 level and it is currently consolidating gains. There was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported on the downside, but there are many hurdles near $6,100 and $6,200. Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge…

Crypto Market, Bitcoin Cruising Higher: Bitcoin Cash, Litecoin, TRX, XLM Analysis

The total crypto market cap is placed nicely above $180.0B and it could accelerate higher. Bitcoin price is gaining momentum and it recently surged to a new 2019 above $6,050. Litecoin (LTC) price broke the $75 resistance and it seems like it could grind higher towards $80. Bitcoin cash price is once again moving higher towards the key $295 and $300 resistances. Tron (TRX) price broke the $0.0242 resistance to move into a positive zone. Stellar (XLM) price seems to be consolidating below the key $0.0980 and $0.1000 resistances. The…

Ripple (XRP) Price Poised To Break Higher: BTC, ETH Surging

Ripple price formed a decent support near the $0.2915 level and climbed higher against the US dollar. The price broke the $0.2950 resistance and it looks set to gain bullish momentum in the near term. Yesterday’s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a strong upward move if it breaks the $0.3000 and $0.3020 resistance levels. Ripple price is slowly recovering higher against the US Dollar, while bitcoin…