Facebook Partners with E-Commerce Companies to Support Crypto Payment

The Wall Street Journal has reported that Facebook is in talks with various e-commerce companies and financial firms to support its crypto payment that is under development. So far Facebook has engaged MasterCard and Visa about the project that is known as Project Libra. Crypto Payment Facebook is expected to commit $1 billion to the development of crypto payment. The company has approached various e-commerce companies to invest in its crypto payment feature and be a partner of the network. Paying via crypto will not be limited only to Facebook…

Ripple to Save Millions for a Oil Company, XRP Reacts at Historical Support

Ripple (XRP) technically bullish PPTEP partnership bullish By collaborating with PPTEP of Thailand with Siam bank as a facilitator, investors can see firsthand why the platform can help industries across the board. Even so, Ripple (XRP) is ranging with strong support at 30 cents. Ripple Price Analysis Fundamentals Good news, for the general investor, is the rate at which Ripple Inc is securing partnerships. By the close of 2018, 200 banks were using RippleNet. Of those 200 financial institutions, xRapid had 13 clients. That’s a massive milestone for a service…

Bitcoin Price Analysis: Resistance Turned Support Enforces Bullish Continuation

Summary: After breaking out of a macro reaccumulation range, the market saw a small pullback that led to a retest of prior resistance that is now being respected as support. The market was previously unable to close a daily level above $5,400 but so far after three tests, the market has established intraday support. The market structure remains bullish as we establish higher highs and higher lows. The next milestone for a bullish continuation is a daily close above the $5,600 level. Major resistance lies just overhead in the upper…

Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network. Poloniex said in the announcement that its decision to support the new chain is reasoned by expanded flexibility it provides to the USDT platform. In order to support…

Bitcoin (BTC) Holding Crucial Support: Fresh Increase Likely

Bitcoin price climbed further above $5,300 before topping near the $5,330 level against the US Dollar. The price corrected lower below $5,300 and $5,255 support levels. There was a break below yesterday’s discussed ascending channel with support at $5,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is still trading nicely above the key $5,180 and $5,160 support levels. Bitcoin price corrected lower towards key supports against the US Dollar. BTC is likely to bounce back above $5,300 as long as it is trading…

Coinbase Provides Wider Support for Crypto-to-Crypto Conversions

Crypto exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries. In the announcement, Coinbase explains that cryptocurrencies are in a transition period, which will see them move from being investment options to utilities. According to the exchange, the enablement of crypto-to-crypto conversions will serve as “the backbone of this new decentralized economy.” The new feature will be available to Coinbase.com and Coinbase Pro users in 11 additional nations within Southeast Asia and Latin America. These countries include New Zealand, Peru, Mexico, South…

Bitcoin Breaks Key Support But Buyers Could Protect $4.9K-$5.0K

Bitcoin price climbed further higher and broke the $5,400 resistance level against the US Dollar. The price traded to a new multi-month high at $5,461 before correcting lower sharply. This week’s followed important ascending channel was breached with support at $5,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair settled below $5,240 and it may extend the current decline towards $5,070 or $4,960. Bitcoin price traded to a new yearly high and recently corrected lower against the US Dollar. BTC dipped below the $5,240…

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments

Cryptocurrency exchange Binance’s official wallet, Trust Wallet, now lets users buy cryptos with credit cards. The new payment option is being offered in partnership with Israel-based payments processor Simplex, according to an announcement from Binance on Tuesday. At the same time, the exchange said, Trust Wallet is adding support for XRP, the third largest cryptocurrency by market capitalization. Trust Wallet users can now, therefore, purchase XRP, bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC) and ether (ETH) with “major” credit and debit cards. The announcement did not specify which cards are…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…

Samsung Galaxy S10 Has Native Support For Ethereum, Not Bitcoin: Pre-Release Device

S10 May Only Support Ethereum, Not Bitcoin Out Of The Box Just weeks ago, Samsung hosted its Unpacked event, unveiling the Galaxy S10 lineup. But, at the time of the event, little was known about the offering, save for the fact that it was named the “Blockchain Keystore,” which would store keys for blockchain-enabled mobile applications. In the days that followed, however, details and images reached media claiming that Keystore was actually a fully-fledged crypto wallet that supported Bitcoin, Ethereum, and potentially ERC-20 tokens. Yet, a pre-release/early-release version of the…