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Tezos Price Prediction: Long-term (XTZ) Value Forecast – May 25

On the downside, if the bears break the 12-day EMA and the 26-day EMA, the crypto’s price is likely to fall to the lows of either $1.2000 or $1.4000. On the upside, if the EMAs are holding, the bulls will retest the $1.8000 resistance level. XTZ/USD Long-term Trend: Bullish Resistance levels: $1.6000, $1.8000, $2.0000 Support […]
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Vechain Price Prediction: Long-term (VET) Value Forecast – May 18

The VET price is in a range bound movement between the levels of $0.006000 and  $0.008000. On the upside, if the bulls break the upper price level, the crypto’s price will rise and reach the highs of $0.008500 and $0.009000. VET/USD Long-term Trend: Bullish Resistance levels: $0.008000, $0.008500, $0.009000 Support levels: $0.007000, $0.006500, $0.0060000 The […]
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Ethereum Classic Price Prediction: Long-term (ETC) Value Forecast – May 25

On the upside, if the bulls break the $7.67 resistance level, the price will appreciate to a high of $8.0 or $9.0 price level. On the other hand, if the bears break below the EMAs, the market will reach a low at $5.50 price level. ETC/USD Long-term Trend: Bullish Resistance levels: $8, $8.5, $9 Support […]
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EOS Price Prediction: Long-term (EOS) Value Forecast – May 25

On the upside, if the bulls break the $6.46 resistance level, the market will reach the $7.0 price level. On the downside, if the bulls fail to break the resistance level, the price will fall either to the $5.0 or $6.0 price level. EOS/USD Long-term Trend: Bullish Resistance Levels: $7.0, $6.5, $7.0 Support levels: $ […]
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Ethereum Price Prediction: Long-term (ETH) Value Forecast – May 25

The price of Ethereum is now trading below the $260 price level. From the Fibonacci retracement tool, the market fell and the bears broke the 0.236 and 0.382 Fib. retracement level. The crypto’s price found support at the 0.382 (38.2%) Fib. retracement level. ETH/USD Long-term Trend: Bullish Resistance Levels: $260, $280, $300 Support Levels: $240, […]
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XRP Price Prediction: Long-term (XRP) Value Forecast – May 25

On the upside, the crypto’s price is likely to rise but will face resistance at the $0.42 price level. The bears broke the 0.236 and 0.382 continuation zone of Fib. retracement level. Again it broke the 0.50 and 0.618 downtrend zone of the Fib. retracement level. XRP /USD Price Long-term Trend: Bullish Supply levels: $0.40, […]
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Litecoin Price Prediction: Long-term (LTC) Value Forecast – May 25

The price of Litecoin is likely to fall to the previous low at $85 price level. The bulls have not been able to break the previous high of $101 price level. If the bulls fail to break the previous high a double top has formed. LTC/USD Long-term Trend: Bullish Resistance Levels: $105, $110, $115 Support […]
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Bitcoin Price Prediction: Long-term (BTC) Value Forecast – May 25

On the upside, if the bulls break the $8,200 price level, the market will rise to the $8,500 price level. The BTC price is likely to rise because the market fell to the support of the 0.382 (38.2%) Fib. retracement level which is a continuation zone. BTC/USD Long-term Trend: Bullish Resistance levels: $8,400, $8,800, $9,200 […]
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Augur [REP]: Decentralized prediction markets are going to be much tougher to shut down

Arianna Simpson, the Founder and Managing Director of Autonomous Partners, recently spoke about the prediction market and the cryptocurrency space, with the main focus being Augur Project, on Twitter. The early-stage investor remarked that prediction market was one of the “most fascinating yet poorly understood areas” of Decentralized Finance. She said, 3/ They rely on the collective wisdom and info of a group, and allow participants to place bets on the probability of specific outcomes, where the value of a bet directly reflects the probability of an outcome occurring. — Arianna Simpson (@AriannaSimpson) May 23, 2019 Simpson further stated that people get involved in buying and trading activities on these markets, where the “value of a contract” differs based on a future outcome. This was followed by Simpson listing three common types of prediction market: binary, categorical, and scalar. She also pointed out that these market existed prior to gaining a lot of traction in the crypto-community, citing the example of Hollywood Stock Exchange [HSX], one of the first digital prediction markets. In terms of decentralized prediction market, she stated that Augur Project and Gnosis were one of the “few main platforms”, adding that it was the most happening platforms at present. Following this, Simpson gave a brief introduction about Augur, stating that it was a trustless, decentralized prediction market built on Ethereum. She stated that the market has four stages of progression: creation, trading, reporting, and settlement. She added that anyone could create a market based on current events. 15/ REP plays a central role in Augur’s operations, but is not used to trade in its markets. After the event on which a market is based has occurred, the outcome is determined by Augur’s oracle and traders can close out their positions and collect their payouts. — Arianna Simpson (@AriannaSimpson) May 23, 2019 Further, the Founder remarked that the predictive market were all centralized before Augur with centralized entity taking care of the key roles such as ledger maintenance, market outcome, and payouts. However, the inception of decentralized network “removes many of the risks of self-interest and corruption.” With Augur, the contracts are “fully automated” and the developers have no control over the outcome and other functions. 19/ One of the toughest issues facing PMs is their murky legal situation: some jurisdictions consider it gambling, while others view is as options trading. — Arianna Simpson (@AriannaSimpson) May 23, 2019 She concluded by stating that prediction markets were an “interesting way to tap the wisdom of the crowd”, adding that the decentralized versions were going to be “much tougher” to shut down. The post Augur [REP]: Decentralized prediction markets are going to be much tougher to shut down appeared first on AMBCrypto.
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XRP Price Prediction: Down 10.2 Percent at the Back of Ripple Labs Misreporting

Latest Ripple (XRP) News Ripple Labs, the official issuer of the Ripple (XRP) is not short of controversy, and so is the nature of the digital asset. Although liquid, slotted at third as the most valuable coin, progress is bogged down by controversies around how Ripple Labs is reporting the amount of XRP in their […]
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STELLAR Price Prediction Today: Daily (XLM) Value Forecast – May 24

The short-term is in a bearish trend while the medium-term outlook is in a range-bound market. Patience is required during the consolidation. XLM/USD Medium-term Trend: Ranging Supply zone: $0.2000, $0.2500, $0.3000 Demand zone: $0.0800, $0.0600, $0.0400 XLM continues in a range-bound market in its medium-term outlook. The bears' pressure was sustained as it continues to […]
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Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Coinspeaker Mike Novogratz: Facebook’s GlobalCoin Won’t Rival BitcoinMajor Bitcoin bull and former Wall Street exec Mike Novogratz recently discussed the current state of the cryptocurrency industry. The Galaxy Digital CEO explained why he thinks the crypto winter is finally over and why ‘Facebook Coin’ won’t rival Bitcoin.During his interview, Novogratz reminded that everyone had their own version of Bitcoin and the supply exponentially grew. Bitcoin, he thinks, had really established itself as a store value. He said:“This is hard to do because there is just one more stored value of this kind. It’s gold. It is hard to be worth something just because it’s worth something. Almost everything else is different. For example, Uber shares are worth something because people are using it. What Bitcoin has done is a unique thing.”He also referred to Bitcoin’s intrinsic value saying:“You can take all the gold in history that has been mined and put it in three Olympic swimming pools and it’s worth $8,5 trillions. Why? Because it sits in the vaults.”Novogratz went to mention that retailers are buying Bitcoin but also the institutions are moving in. There are Yale, Harvard and Stanford endowments.Microsoft Wanting to Link with Bitcoin Blockchain is a Big ThingThe CEO claims the original Bitcoin boom witnessed around 2016-2017 was influenced by the retail-driven investments by around 98%. This means more companies were buying cryptocurrency at a time when it looked like the future of finance. The recent developments in the crypto world are also affected by ‘credentialing’ according to the CEO especially with the recent move by Microsoft in the industry.“Also, there is Microsoft, one of the biggest companies in the world that says they want to do identify solution by linking it to the Bitcoin blockchain. Now this is big.”Microsoft recently announced their initiation of an identity solution to add to the Bitcoin blockchain. As more investments crowd Bitcoin, its value soars higher as witnessed in the recent spike. Microsoft is not the only big organization enabling the ‘credentialization’ of Bitcoin. Not long ago, Facebook lifted all the bans it had imposed on cryptocurrency and any blockchain-related advertisements.He also mentioned Facebook coin saying that it is really important for the ecosystem.“Crypto is going to be part of Facebook’s future. However, this coin will be listed to some stable currency and will be used for payyments. Bitcoin on the other hand is not going to be the payment currency – it will be stored vault, just like gold. If you really think bitcoin is gonna win this store of value, everything else needs to be used for something.”GlobalCoin Isn’t a Threat to BitcoinAs we’ve already wrote, Facebook’s GlobalCoin will probably be established as a stablecoin, pegged to the dollar or local currencies in the countries that will be allowed to use it. It is also likely to run on a private, centralized blockchain, owned and controlled by the company. Based on this fact, it can not be perceived as a direct competition to Bitcoin or other peer to peer decentralized digital currencies.Other coins that piqued Novogratz’s interest include Ethereum and EOS. These projects have to encourage developers to build on top of their platforms. Just few days ago he was comparing various cryptocurrencies with chemical elements in the periodic table. He then considered the role of altcoins, hinting that each coin will have “to prove themselves out” in order to provide a certain use case.On this note, Novogratz argued out that “there’s no one building anything on the Litecoin blockchain,” as opposed to the Ethereum blockchain.Recently, Novogratz made yet another Bitcoin prediction, claiming that the major cryptocurrency will beat its all-time-high record of $20,000 within the next 18 months.Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin
Coinspeaker

Binance Exchange soon To Roll Margin Trading Service For the First Time

An official blog released by Binance exchange confirms the launch of Margin trading service. However, earlier on May 24, 2019, Binance tweeted two screenshots, seeking user’s suggestion on which layout would they be preferred, a white background one and the black background. It was first noticed on Binance’s Twitter handle when a tweet was posted with two different colors included with the tab of Margin. Nonetheless, it was to create the buzz of its upcoming feature but according to TechCrunch, it has already been tested among a few users. As the testing has already been undergone, it is worth to predict that the margin trading option will go live anytime soon. By usage, Margin trading is an option that enables traders to boost up their buying power by using their balances as collateral. However, it wasn’t available at Binance exchange even the binance itself as the largest exchange as well as  the margin trading option carries potential profit margin. It is the first of its kind of Binance to launch margin trading service whereas the other trading platforms including BitMex, Huobi Pro, Poloniex, Coinbaes’s GDAX and Kraken are already serving this service to their customers. Also Read – Binance’s BNB Token Jumps 12% to Hit $34 Following Margin Trade Interface Tease At the moment, Binance is the second largest cryptocurrency exchange in terms of adjusted volume of the last 24 hours. It presently counts the volume of $2,088,850,554. Nonetheless, its native token, Binance Coin (BNB) is soaring a new peak of $33.87 against US Dollar. According to data provided by Coinmarketcap (CMC), BNB is surging with 6.42 percent over the past 24 hours and presently valuing the average trading volume of $4,781,168,385. Image source – Coinmarketcap What’s your take on BNB’s soaring value.? Do you think it will jump higher citing margin trading option by Binance exchange.? Let us know in the comment below Image source – Techcrunch The post Binance Exchange soon To Roll Margin Trading Service For the First Time appeared first on Coingape.
CoinGape

Is Facebook Launching its GlobalCoin Cryptocurrency Next Year? BBC Says Yes

There’s been a lot of information circulating that Facebook is moving into the crypto market. And while some of this information is outright false, other bits are true — at least, that’s what the sources say. Take today, for example. On Friday, BBC said Facebook (NASDAQ:FB) is going to roll out GlobalCoin next year in several countries. Here’s everything we know. Facebook’s GlobalCoin Hitting the Market Soon? According to BBC, a London, UK-based broadcasting company, Facebook is planning to roll out its cryptocurrency “GlobalCoin” in 2020. The online media giant, according to the BBC ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Facebook’s GlobalCoin Allegedly to be introduced in 2020

The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics According to a report by the BBC, Facebook has serious plans introduce its own crypto currency. The facebook coin, internally referred to as ‘GlobalCoin’ will be introduced in multiple countries in the first quarter of 2020, after extensive testing at the end of this year. The new stablecoin which has been rumored about for a […] The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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