Cryptocurrency

A cryptocurrency is a digital asset or virtual money that is secured by cryptographic algorithms. Some cryptocurrencies are decentralized and are based on Blockchain technology or distributed ledger technology.  

The first cryptocurency was developed by the American cryptographer David Chaum, who has described is ecash anonymous cryptographic electronic money in 1983. Now Bitcoin is one of the most popular and biggest cryptocurrencies.

Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
May 28, 2020 at 13:11
News
Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
In a call with investors on May 27, Goldman Sachs, the New York-based multinational investment bank and financial services company maligned Bitcoin and cryptocurrencies, saying they are “not assets.” This statement attracted negative reactions from the crypto community.
Ripple At Standstill after Falling From Important Rejection
May 28, 2020 at 10:41
News
Ripple At Standstill after Falling From Important Rejection
In the last 48 hours, Ripple has failed to breach the downtrend line. The crypto has been unsuccessful to push above the previous highs.
Ethereum Bounces above $200 Support, Attempts to Retest $227 Resistance
May 28, 2020 at 09:56
News
Ethereum Bounces above $200 Support, Attempts to Retest $227 Resistance
Ethereum bulls are back above the critical support of $200 after the bears pushed price to a low of $196. Before now the bulls have earlier bought from the dips to push Ether to the previous highs. This propels the market to reach the $210 resistance.
Bitcoin Cash Breaches More Supports after Rejection from $280 Resistance
May 27, 2020 at 11:38
News
Bitcoin Cash Breaches More Supports after Rejection from $280 Resistance
Bitcoin Cash is trading and has fallen to a disappointing low of $228 after a series of downward moves. Originally, BCH was fluctuating between $230 and $280.
Telegram Abandons Its TON Project After Giving up Its War with SEC
May 27, 2020 at 08:57
News
Telegram Abandons Its TON Project After Giving up Its War with SEC
Telegram, a giant IT giant service provider, has finally withdrawn its plea against the prohibition on the sale of its blockchain-based cryptocurrency project, Gram.
Litecoin May Slide Amidst Bear Threat
May 26, 2020 at 12:02
News
Litecoin May Slide Amidst Bear Threat
Litecoin has settled above $42 after a series of downward moves in May when the coin reached the overbought region. The crypto has a major breakdown that plunged it to $39 low.
Ripple Faces Further Rejection as Price May Reach $0.175 Low
May 26, 2020 at 11:20
News
Ripple Faces Further Rejection as Price May Reach $0.175 Low
Since April 29, the bears have overwhelmingly subdued the bulls as buyers failed to break above the downtrend line. The downtrend line shows the resistance levels of the price of Ripple.
Ethereum Risks Losing Significant Support Levels as Sellers Threaten to Short
May 25, 2020 at 10:48
News
Ethereum Risks Losing Significant Support Levels as Sellers Threaten to Short
In the last 48 hours, Ethereum dropped to $201 after the bulls were rejected at the $212 resistance level. For the past week, Ethereum‘s bulls have attempted to break the $215 resistance and push the price above $227 resistance.
Crypto Industry Might Continue to Embrace Online Work Even After COVID-19
May 25, 2020 at 09:12
News
Crypto Industry Might Continue to Embrace Online Work Even After COVID-19
The COVID-19 global pandemic has forced teams to work from home regardless of what their roles are, while some companies simply suspended operations. The crypto industry, already popular for remote working, is embracing it, but what lies ahead of us should the pandemic come to an end?
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