₦airaland Forum

Do or Die for Ripple (XRP) Bulls: Here’s What Could Trigger A Sharp Decline


Ripple is trading in a bearish zone below the $0.2800 resistance against the US Dollar. XRP price could extend its decline below $0.2700 if it fails to surpass $0.2800....


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https://ecoindiscuss.com/do-or-die-for-ripple-xrp-bulls-heres-what-could-trigger-a-sharp-decline/

Did Marcus Morris Intentionally Step on Luka Doncic’s Injured Ankle?



Doncic’s buzzer-beating, step-back triple on Sunday broke the Los Angeles Clippers‘ back. Luka’s overtime dagger gave life to the Mavericks, knotting the first-round best-of-seven playoff series at 2-2...


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https://ecoindiscuss.com/did-marcus-morris-intentionally-step-on-luka-doncics-injured-ankle/

Two Possible Outcomes for Bitcoin After Powell’s Jackson Hole Speech


Bitcoin logged a modest recovery on Wednesday as traders grappled with the outcome of Jerome Powell’s keynote address at the virtual Jackson Hole Symposium tomorrow.

The Federal Reserve chairman expects to give markets a clue on his office’s approach to US inflation. In retrospect, Mr. Powell’s administration started reviewing its monetary policy frameworks in 2019, a part of which discusses its strategy on coping with inflation...

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https://ecoindiscuss.com/two-possible-outcomes-for-bitcoin-after-powells-jackson-hole-speech/

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Why This Bitcoin Analyst Thinks Altcoin Owners Should “Trade With Care


Bitcoin Dominance Could Soon Reverse Against Altcoins

Unlike previous Bitcoin pullbacks, altcoins are strongly underperforming the market leader during this latest leg lower. Ethereum has slid 8% lower while BTC has dropped a mere 4%...

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https://ecoindiscuss.com/why-this-bitcoin-analyst-thinks-altcoin-owners-should-trade-with-care/

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Bitcoin correlation tells this story about volatility in the market

After volatility hit the consolidating market of Bitcoin, the value of the asset was driven to a peak of $12,473 on 17 August. However, ever since the traded value of the asset has remained in the mid-$11k level. At press time, BTC was valued at $11,586 with a high correlation coefficient of 0.4751 with the S&P500. This was not an ideal situation for traders in the market, however, given the price action at the time, this was expected...


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https://ecoindiscuss.com/bitcoin-correlation-tells-this-story-about-volatility-in-the-market/

Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm


Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher...


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https://ecoindiscuss.com/former-cftc-chair-to-remain-focused-on-crypto-and-blockchain-at-new-law-firm/

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$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


East Asia is the world’s largest cryptocurrency market, a new report from blockchain data analytics firm Chainalysis shows. The region, which includes China, Hong Kong, Macau, Japan, Mongolia, South Korea, and Taiwan, accounted for about 31% of all cryptocurrency transacted in the last 12 months...

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https://ecoindiscuss.com/50-billion-in-cryptocurrency-left-china-amid-escalating-trade-wars/

Prepare for Liftoff — South Korea’s Crypto Regulation Ignites in 2019


South Korea remains the third-largest crypto exchange market by volume, just behind the United States and Japan. Despite that, throughout the past three years, the government of South Korea has opted against fully regulating the local crypto market.

In the second half of 2019, the government of South Korea started to work on several bills that would further legitimize the crypto sector and allow it to evolve into an established industry...

For More Details

https://ecoindiscuss.com/prepare-for-liftoff-south-koreas-crypto-regulation-ignites-in-2019/

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Here’s Why Analysts Remain Bullish on Bitcoin Despite Failure at $12k


Analysts remain somewhat optimistic about Bitcoin despite last week’s strong rejection after setting a new year-to-date high.

One trader shared the chart below on August 23rd. It shows that during Bitcoin’s correction last week to the low of $11,400, it actually held three pivotal technical levels in a manner suggesting the trend remains bullish...

For More Details

https://ecoindiscuss.com/heres-why-analysts-remain-bullish-on-bitcoin-despite-failure-at-12k/

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Crypto Long & Short: What Are Regulators Thinking?


When the news came out last month that the U.S. Office of the Comptroller of the Currency (OCC) had cleared banks to custody crypto assets, you may remember that I expressed surprise that the new crypto-friendly Acting Comptroller Brian Brooks had managed to get such a bold move through the channels of bureaucracy so fast. It turns out that he didn’t...

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https://ecoindiscuss.com/crypto-long-short-what-are-regulators-thinking/

Crypto Price Analysis & Overview August 21st: Bitcoin, Ethereum, Ripple, Chainlink, and OMG

Bitcoin

Bitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.

Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.

for more details visit... https://ecoindiscuss.com/crypto-price-analysis-overview-august-21st-bitcoin-ethereum-ripple-chainlink-and-omg/

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Crypto Price Analysis & Overview August 21st: Bitcoin, Ethereum, Ripple, Chainlink, and OMG


Bitcoin

Bitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.

Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.

For More details click... https://ecoindiscuss.com/crypto-price-analysis-overview-august-21st-bitcoin-ethereum-ripple-chainlink-and-omg/

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OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation


Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over the interests of powerful banks that may be against the rise of cryptocurrencies.


For More Information visit:.... https://ecoindiscuss.com/occ-chief-says-americans-gravitating-toward-digital-currencies-urges-banks-to-embrace-innovation/

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A Swiss Bank for Cryptocurrency Storage


Cryptocurrency storage is one of the building blocks and paramount points of consideration for anyone who’s getting involved in the industry.

Safekeeping assets is of utmost importance, and as such, picking the solution to do it through remains a decision that needs careful evaluation.

for more details... visit https://ecoindiscuss.com/a-swiss-bank-for-cryptocurrency-storage/

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China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report


The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s bitcoin mines “suffered a great impact” in H1.


For More Details... https://ecoindiscuss.com/chinas-bitcoin-mining-industry-impacted-the-most-this-year-says-report/

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‘You Don’t Have to Win to Become President’: Candidate Brock Pierce


Crypto venture capitalist and independent candidate for President Brock Pierce says he doesn’t think he’ll win the 2020 election — but has revealed how he plans to end up in the White House anyway...


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https://ecoindiscuss.com/you-dont-have-to-win-to-become-president-candidate-brock-pierce/

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Small Staking Pools on Cardano Boosted by Announcement of New Features


IOHK CEO Charles Hoskinson has announced several new features aimed at helping small stake pools on the Cardano network.

Staking on Cardano went live on July 29th, following the Shelley mainnet launch. Although it’s still early days, the past three weeks or so have highlighted a gulf between big and small staking pools.


for more details... https://ecoindiscuss.com/small-staking-pools-on-cardano-boosted-by-announcement-of-new-features/