Binance's own electronic currency, Binance Coin has reached its highest level in 52 weeks. It has increased by 81.49% with the current...
Binance Coin reached the highest level in 52 weeks after Binance Chain announcement.
Binance's own electronic currency, Binance Coin has reached its highest level in 52 weeks, up 81.49% with the current BNB price of $ 24.20. As a result, the coin is now approaching its all-time highs test of $ 24.91, which it reached on January 12, 2018.
After the launch of Binance Chain, it is likely that we will see BNB gaining even greater acceptance.
In addition to the Binance Coin news, here comes Hightechbrain with some other news today.FPT Corporation and SBI Holdings invested 3 million USD into a startup Blockchain Vietnam.
FPT Corporation and Japan's SBI Holdings invested $ 3 million in Vietnam's blockchain startup Utop.
Utop is FPT's blockchain application that operates in the form of corporate networking, managing and exchanging reward points systems that will help consumers accumulate and use reward points in a new, innovative way at stores and businesses in this network are convenient and easy; thereby helping small businesses and shops expand and develop their businesses.
Utop is FPT's blockchain application that operates in the form of corporate networking, managing and exchanging reward points systems that will help consumers accumulate and use reward points in a new, innovative way at stores and businesses in this network are convenient and easy; thereby helping small businesses and shops expand and develop their businesses.
Utop is developed based on akaChain - Blockchain technology platform (storing and transmitting information by blocks linked together and expanding over time). The akaChain platform of FPT is being implemented and applied in many different countries in many areas such as finance, insurance, retail and supply chain ...
Partnering with Utop, small businesses and shops will be involved in nationwide business networks. It helps to link reward points with the aim of reducing data costs and safety thanks to the multi-layer security characteristics of the akaChain technology platform. For customers, Utop offers high liquidity for membership points by allowing customers to use bonus points at any affiliate network store. Utop simultaneously supports and enhances the effectiveness of business promotions and customer care compared to the present.
Bitcoin may rise to USD 5,800 or may slip to USD 5,000
A well-known and familiar analyst in the electronic money community Murad Mahmudov of Adaptive Capital came up with a potential scenario he saw for BTC.
Mahmudov describes the fact that in the past three weeks, Bitcoin has tried to test $ 5,350 and has failed seven times. After one or two tests at this resistance - will take place over the next two weeks - assets may see a breakthrough. And once the $ 5,350 was disrupted convincingly, Mahmudov explained that the BTC could easily rise to $ 5,750 - a very important level, which is where Bitcoin was traded for months at the end of 2018.
However, according to Mahmudov, if the BTC does not break USD 5,750, it could easily collapse to USD 4,800-5,000.
This is in line with his previous theory that electronic money has not yet escaped from the bear market. Previously, he attracted the attention of the community to the $ 1,700 area, where he believed this was the true bottom of Bitcoin.
Analyze price (20/4) Bitcoin, Ethereum and BTC Ripple / USD
BTC/USD
Bitcoin has continued to grow at the speed of snails. This shows that cows are worried about buying at a higher level. But if the digital currency rises above $ 5,404, it may attract some buying and short positions. The targets to be monitored on the side increased to US $ 5,674 and further to US $ 5,900.
The moving average is increasing and the RSI is close to the overbought zone, indicating that the bulls still hold the advantage. Our view of price increases will be void if the BTC / USD pair drops from the current level and falls below 4,914 USD. Such a move will signal the emergence of aggressive bears. Traders can set a stop loss on the remaining long positions at USD 4,800.
ETH / USD
Ethereum has once again surpassed the resistance above USD 167.32. Now it is trying to increase to over 187.98 USD. If successful, it will show strength and cows can push the digital currency to $ 220. Although the goal of breaking up the rising triangle pattern is USD 251.64, it faces a range of resistance ranging from $ 220 to $ 251.64.
Both moving averages are gradually increasing and the RSI is in a positive zone. This shows that the bull faction has the advantage.
Our view of price increases will be void if the bears submerge the ETH / USD pair back below 167.32 USD. A break at 156.42 USD will bring the coin to the path of benefit for the bear side. Traders can continue to hold stop losses on the remaining positions at $ 150.
XRP / USD
Ripple broke out to $ 0.331 on April 17 but could not remain there. The price once again dropped to below 0.331 USD. This indicates a lack of higher-level buyers. Both the moving averages are flat and the RSI is near the 50 level. This indicates that price action will be limited within the next few days.
In the previous analysis, we recommended buying if the XRP / USD pair remained at 0.331 USD for the next two days. But with prices falling below $ 0.331 today, our buying conditions were not activated. Considering the repeated failure breakthroughs, we decided to retract our purchase proposal. We will again offer a transaction when the pair maintains above $ 0.331.
Currently, if the bear side sinks the coin below the 50-day SMA, it will signal weakness and may drop to $ 0.275.
BSV underwent a sixth reorganization, the network was stuck for 1.5 hours.
According to Nikita Zhavoronkov - a leading developer at BlockChair - Bitcoin SV has undergone a series of reorganization, making the network jammed for at least 1.5 hours.
BitMEX has also posted an explanation on Twitter about its BSV button having 2 reorganizations. First, reorganize 3 blocks, followed by reorganizing 6 blocks.
The following image illustrates the event, including the height, hash & block size of the relevant blocks.
BitMEX went on to say that they had discovered two valid competing chains, with separation, occurring in block 578,639 and that no double-spending attacks occurred.
When asked what all this means, BitMEX says that the Bitcoin Cash SV network is not reliable for payment, the block size limit is too large and the network latency is too high.
Weiss Ratings: “XRP may soon be integrated into Skype”
To meet growing demand, Ripple Labs has developed XRP TipBot, a mechanism that allows users to send messages and micropayments on sites like Reddit, Gmail, Outlook, Discord and Twitter. Now, according to a tweet coming from Weiss Ratings, Skype may be the next to integrate with XRP payment system.
Although this really cannot be considered an official source, the agency stated that adding an electronic payment payment option to the messaging app is the idea voted for by the community as a whole. number of 2,341 votes in favor at the time of writing.
The idea was launched at the end of last month, after a user asked Microsoft to support payment of transfers in XRP. Users shared the idea of allowing Skype users to buy SkypeCredits by XRP and sending micropayments on Skype chat.
CTO David Schwartz said that XRP is completely unregulated by Ripple
The CTO Ripple gave a clear answer to the question of whether XRP is controlled by Ripple. Schwartz said:
"Absolutely. XRP Ledger is open source technology with a strong developer community, so if Ripple disappears, XRP and XRP Ledger will still exist."
CTO believes that an incorrect perception of Ripple's control of XRP comes from several different misunderstandings in the electronic money community.
Schwartz continues to clarify at least three basic characteristics showing that XRP is independent:
1. Utilities: XRP is currently used for payment.
2. Ownership: XRP does not represent a single share of Ripple. If you own XRP, it doesn't mean you own any shares of Ripple.
3. Decentralization: Ripple does not control most validators - acts as a powerful ecosystem, authenticating transactions on the XRP Ledger. Ripple only ran seven XRP validation processes in more than 150.
Schwartz points out that although Ripple owns part of XRP, but that doesn't give them control of the network, their transactions must be approved by the same certifiers as everyone else.
