Forex & Crypto & Fintech News

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Verge (XVG) looking strong against BTC pairing, after completing a long bullish pennant ABCDE pattern and showing a potential golden cross at 50/200MA. After a 3 month long descent from it’s all-time high over Christmas, Verge appears to be reversing into a bullish channel after retracing to 0.786 fib levels. Looking at a 50/200 moving average above it is clear that the token is gaining momentum, with support rallying in favour of the project’s recently achieved crowdfund target. In the uptrending channel, key supports are found at 500 Sats and 360 Sats, with a strong resistance line at 700 Sats. This has already been tested once unsuccessfully in the channel, so volume will need to remain consistent if XVG is to break beyond and continue its bulli...

Той признава, че се е наслаждавал повече на живота, когато е имал по-малко пари Всички сме чували старата поговорка, че  парите не купуват щастие , но често изразяваме несъгласие с нея. Е, милиардерът  Уорън Бъфет обаче подкрепя тази мисъл . Оракулът на Омаха, който има нетно богатство от 75 милиарда долара, е категоричен - да имаш повече пари не е ключът към щастието.  Самият Бъфет  признава, че се е наслаждавал повече на живота, когато е имал значително по-малко пари. В тв предаването "Squawk Box" на CNBC в понеделник Бъфет каза: "Не бях нещастен, когато имах $10 000, когато завърших училище. Напротив, много се забавлявах." "Ако имате $100 000 и сте нещастен, и мислите, че 1 милион долара ще ви направят щастливи, това няма да се случи", коментира инвеститорът. Бъфет посочва като пример, че когато вече имате този 1 милион долара и се огледате, ще видите хора с по 2 милиона долара, и веднага щастието ви ще изчезне. "Няма да бъдете по-щ...

During a bear market, fear grips the investors, resulting in a long liquidation. While some believe that the bubble in Bitcoin has burst, others believe that the current fall is only a correction, which will lead to higher prices later in the year. Founder and chairman of investment firm LDJ Capital, David Drake believes that Bitcoin will rally to  $30,000  by the year-end. That is a whopping 262 percent return from the current levels. Jack Dorsey, the CEO of Twitter and Square, believes that Bitcoin can  replace  the fiat currencies within a decade. A few positive voices in a sea of gloom is a welcome change. Let’s see if the short-term picture is improving or not. BTC/USD Though  Bitcoin  broke out of the descending channel on March 20, it could not cross above the 20-day EMA. Currently, prices are again threatening to dip back into the channel, which is a bearish development. Our long positions initiated at  $8,800  are trading und...

NEO also awaits the NEO Dogs game. The Trinity Protocol has announced a cross-chain converter for its Trinity Token (TNC), which would allow the asset to exist in token form on the Ethereum network. The TNC is a NEP-5 standard token, the most widely used type on the NEO network. The converter works by locking up the NEO-based tokens and releasing the same amount of tokens on the Ethereum blockchain. At the moment, the conversion is tested for safety and reversibility, but some believe the service may be available soon: Trinity Protocol is dedicated to working out off-chain scaling solutions for NEO. The organization plans to build fast and secure payment channels, akin to the LIghtning Network principle of Bitcoin. After the news were released, the TNC asset appreciated by more than 16% overnight to $0.12, and is up more than 30% this week. Trinity Network has released its token for trading in January, and since then the price has been sliding from a peak of $0.37. The most ...

The G20 meetings on Tuesday concluded with the setting of a July deadline for discussions about the regulation of cryptocurrencies as there is currently insufficient data to guide clear decisions G20 discussions on Tuesday focused heavily on cryptocurrencies, dealing at one point with whether digital coins can be considered money at all. Towards the end of these discussions, members of the G20 group set a deadline for July to discuss how cryptocurrencies should be regulated by these nations. Frederico Sturzenegger, chairman of Argentina’s central bank, said after the meeting of finance ministers that the member nations require more information before embarking on any proposals for regulation. “In July we have to offer very concrete, very specific recommendations on not ‘what do we regulate?’ but ‘what is the data we need?’” he  said . A number of countries opposed the idea of regulating cryptocurrencies altogether, including Brazil through its central bank president ...

After recent lows, the XLM digital asset is trying to regain positions Stellar (XLM) continued to move up to about 9% in the past day, reaching a price of $0.25. While still far from the price peaks, the Stellar project has unrolled impressive goals for 2018, and building a Lightning Network is one of those goals. Granted, the technology does not exist yet, and is experimental even in the case of the  Bitcoin Lightning Network . Yet for Stellar, this is at least a short-term bid to increase attention in the field where platforms are starting to compete for usability. While the Stellar network boasts of fast transactions, the Lightning Network would also allow off-chain sending through routing and nodes. In theory, this may link Stellar to other blockchains: "Lightning even has the potential to support cross-protocol payments, such as a payment where the sender sends Bitcoins on the Bitcoin network and the recipient receives lumens on the Stellar network, without havi...