Social networks are becoming an important part of our daily lives. These platforms have undergone a lot of transformation since the days of Myspace and Orkut to today’s largest social networking platform, Facebook. However, the rise of Facebook is mired with controversies starting with the platform’s idea itself. In recent days, Facebook’s attempts to monetize all available avenues at the cost of users’ privacy has received a significant backlash. In spite of all these, the importance…

Leo adds 8.2 percent The public open to tracking iFinex repurchase of Leo coins Behind a surging coin, iFinex plans to open up to the public its buyback program. In an initiative called the UNUS SED LEO Transparency Initiative, the public will track how the parent company would purchase Leo from their gross revenue. Meanwhile, Leo is up 8.2 percent from last week’s close. Leo Price Analysis Fundamentals There is noticeable progress. It all has to…

Crypto markets holding on to weekend gains; Bitcoin still dominating, XRP moving up, ETH retreating slowly. Market Wrap Crypto markets have held on to weekend gains and there has been no typical ‘Red Monday’ reaction so far. Bitcoin’s surge to new 2019 highs has buoyed up markets and several altcoins have also gained. A number have fallen however, but in general total market capitalization is high and holding above $280 billion. Bitcoin traded above $9,300 twice…

Bitcoin price corrected lower sharply after trading to a new yearly high at $9,390 against the US Dollar. The price remained well bid and it is back above the key $9,000 pivot level. There is a crucial bullish trend line forming with support near $8,780 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break the $9,260 and $9,300 levels to start the next bullish wave in the…

The total crypto market cap gained momentum and broke the $260.0B resistance area. Bitcoin price broke the main $9,000 resistance area and traded close to $9,400. EOS price traded nicely above the $6.50 and $6.75 resistance levels. Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440. Tron (TRX) price broke the $0.0330 resistance and it might continue to rise. Cardano (ADA) price is slowly moving higher towards the…

Ripple price started a solid upward move and broke the $0.4200 resistance against the US dollar. The price rallied above the $0.4400 level and recently started a downside correction. There is a key bullish trend line forming with support near $0.4250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely in an uptrend and it could continue to rise above $0.4400 and $0.4500. Ripple price is showing positive…

ETH price remained in a positive zone and recently traded above the $275 resistance against the US Dollar. The price is currently correcting lower, but it remains well supported near $265 and $262. There is a major bullish trend line forming with support near $266 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to grind higher and it might soon surpass the $278 and $280 resistances. Ethereum price gained bullish…

On Sunday morning, the American public got another boost of exposure to Bitcoin (BTC) and crypto assets. Renowned New York-based outlet CBS released an extensive feature on the leading cryptocurrency, interviewing the Winklevoss Twins about their involvement in the space. As a result, the twins’ brainchild, Gemini, has gained some exposure, just as BTC has surged past $9,000 in a jaw-dropping turn of events. >Related Reading: Crypto CEO: Launch of Facebook Libra Could Boost Bitcoin (BTC)…

The crypto markets have once again incurred significant buying pressure that has allowed them to climb higher, with Bitcoin surging into the $9,000 region while most major altcoins have climbed slightly. XRP has been the best performing crypto of the day, surging over 6%. Analysts are now noting that XRP has been able to break out of a pennant it had previously formed, which likely means further price gains are imminent. XRP Surges to $0.44 As…

June 18th is nearing, and that means that Facebook’s crypto asset, expected to be nothing like Bitcoin (BTC), is on the verge of becoming full public knowledge. For those who missed the memo, reports released by TechCrunch and other mainstream outlets revealed that the social media giant was planning on releasing a white paper for “Libra” or “Globalcoin”, as the project is known as, on the 18th. Related Reading: Family Offices Pour Billions Into eSports, Can…