Crypto Market Forecast: January 28th.

It has been a generally bullish week in digital asset markets marked by a period of strong positive price over the weekend. Not all assets were winners, however, the price of large cap asset XRP fell despite some discussion of a potential Ripple IPO at the recent Davos 2020 summit. origin »

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EOS Seems Poised to Continue Upward Movement.

The EOS price had been consolidating since reaching a high on January 15. The recent short-term movement suggests that the consolidation phase has ended and EOS will move towards new highs. EOS Highlights The price broke out from a descending wedge. origin »

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New York Tries to Ban Paying Bitcoin Ransomware Attackers.

New York state senators have drafted two bills this month that propose a ban on paying ransomware attackers with tax-payers money.   New York Refuses to Negotiate with Criminals In April of 2017, the National Security Agency (NSA) was hacked by an unidentified team of hackers who called themselves the Shadow Brokers. origin »

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Why is Bitcoin Usability Still So Bad a Decade Later?.

New technology takes time to filter down to the masses but even after ten years, bitcoin still remains largely user-unfriendly for most. There could be a number of reasons why. Over ten years after it was conceived, bitcoin is still primarily used as a vehicle for speculation rather than a decentralized peer-to-peer currency as was originally envisioned. origin »

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China Urged to Regulate Cryptocurrency Over Growing Libra Concerns.

The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first. origin »

Icelandic Bitcoin Mining Giant Takes on UK Company in.

A new lawsuit filed by London-based Digital Capital Ltd. accuses Icelandic Bitcoin mining firm, Genesis Mining Iceland EHF, of failing to pay for the development and maintenance of its software. UK firm accuses the mining giant of failure to pay for services Recent reports indicate that the Iceland-based bitcoin mining firm, Genesis Mining Iceland EHF, did not pay Digital Capital Ltd. origin »

When Will the DeFi Boom Reflect in Ethereum Prices?.

Crypto markets have been bullish for the past couple of days but Ethereum is still not getting the momentum it needs. This begs the question as to why ETH is still flat when DeFi is booming. Since the weekend over $20 billion has flooded back into crypto markets raising total capitalization to $250 billion once again. origin »

Bitcoin vs Coronavirus: Is BTC Trading like Stocks or Gold?.

Bitcoin markets have reacted with increased volatility to the news of the spreading coronavirus in China. The last few days may reveal patterns about BTC trading in relation to risk. Bitcoin Shows New Trading Patterns on Risk Events Bitcoin (BTC) showed behavior that may reveal new patterns of trading in relation to stocks. origin »

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This Country is Now Open to Global Crypto Exchanges Expanding Locally.

With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2019). origin »

Is Bitcoin Getting Ready for a February Price Rally, Again?.

Over its short ten-year life span, bitcoin prices have traditionally seen better months than others. February has been one for the bulls so will history rhyme again in 2020? Bitcoin Price Momentum Building Bitcoin price has continued to build on the weekend momentum by gaining again today. origin »

I Would Never Fly Boeing’s New 777X.

Boeing sees the new 777X as a ray of hope, but it emerged from the same culture of cutting corners and coverups that gave us the MAX crisis. The post I Would Never Fly Boeing’s New 777X appeared first on CCN.com origin »

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