Tezos (XTZ) is returning impressive profits to its investors this week. The world’s fifteenth largest cryptocurrency was up 50 percent yesterday on a 7-day timeframe. It established a higher high of $1.474 according to data fetched by CoinStats’ cryptocurrency portfolio management app. The price slipped this Friday, but a marginal percentage, maintaining the upside streak…
Facebook is doubtful about the launch of its controversial cryptocurrency Libra. The social media giant said in its SEC filing that they might not go ahead with their plans due to “significant regulatory scrutiny.” It also noted that Libra could adversely affect its business, reputation, or financial results. “Market acceptance of such currency is subject…
The Tron Foundation has distributed circa $633.3K worth of USDT stablecoins in an annual percentage return plan (APR). The giveaway came as a part of an incentive plan that would distribute $30 million worth of USDT among early TRC-20 based stablecoin users. In a 31 days period, Tron intends to reward users based on the…
Researchers at Microsoft are attempting to create a machine learning distribution model atop the Ethereum blockchain. Justin Harris and Bo Waggoner are looking to decentralize an otherwise expensive and burdensome process of accessing machine learning systems. In a paper published at Microsoft Research Blog, the duo explains the underlying issues with the current distribution model…
Despite being one of the most influential blockchain projects out there, Ethereum has been unable to impress investors in 2019. The second-largest cryptocurrency by market cap is down more than 26 percent in July. And regardless of an impressive YTD return of 60 percent, it remained dwarfed before bitcoin, whose yearly returns are almost triple…
Tron is staring at the abyss right in the face. The twelfth largest cryptocurrency by market cap is looking to slip into a bottomless area of trading. Having crashed by almost 75 percent from its 2019 top against bitcoin, Tron appears weaker in its knees to jump back. Data on CoinStats, one of the best…
Tron had a day full of wild swings. The world’s twelfth largest cryptocurrency by market capitalization today dropped by as much as 17.80 percent to $0.0218, according to data provided by CoinStats, one of the world’s best cryptocurrency portfolio management apps. The move to the downside initiated because of a stupid reason. Justin Sun, the…
The Stellar (XLM) price is looking stellar on an intraday basis. The XLM-to-dollar exchange rate has surged by more than 9 percent in the last 24 hours. As of 10:10 UTC yesterday, the pair had established $0.09 as intraday peak. While the pair slipped later, it retained an overall bullish sentiment. The move upward closely…
The Tron (TRX) market stepped into light on Wednesday as investors’ confident in the cryptocurrency returned. The world’s twelfth biggest blockchain asset posted two consecutively sessions in green until Thursday. Ahead of the close, the TRX/BTC exchange rate had established 247 sats as its intraday peak, up 14.88 percent from its local swing low, shows…
The price of Litecoin appeared stronger on Wednesday after a terrible bloodbath it witnessed 24 hours back. The LTC/USD exchange rate recovered by an impressive 16 percent to establish an intraday high of $95. The pair dropped slightly lower ahead of the US session but managed to secure interim support near the $89 level, according…
