Here's what you need to know on Friday: 


XRP/USD continues to suffer from strong sales, ignoring positive news about new support for the utility of Blockchain technology. At the time of writing Ripple’s token pierces down the SMA200.

Technical analysis indicates that the Altcoin season is about to signal the start of a new upside leg.

BTC/USD is shaky at around the $9,000 level. In the event of drilling down the critical moving average, a new scenario would include the $7,600 level as a bearish target.

Chart of the day:



The German Banking Association, a lobby grouping the German banking industry, is demanding the development of a digital programmable version of the euro. It is necessary to study the use cases and the risks of a possible loss of capacity of the central banks to manage the economic cycles

Ripple Ltd. launches RippleNet Home, a tool that allows RippleNet users absolute control and transparency over their person-to-person transactions.

Binance reaches an agreement to assist the Digital Transformation Ministry of Ukraine in the development of a Blockchain ecosystem.

Standard Chartered, a world leader in the banking industry, joins hundreds of other leading banks in the Enterprise Ethereum Alliance. The EEA's mission is the harmonization at the enterprise level of criteria to ensure the interoperability of Ethereum projects.


- China confirms that the Bitcoin mining industry is off the list of activities banned by the government.

 Quote of the day: 


We recently plotted the flow of Bitcoin *between* wallets in different exchanges. 

Some interesting insights

1)Huobi wallets sent the most $BTC to Binance wallets in 2019

 - Total of 259K BTC was sent

 - Total # of txns: 48K

 - Avg txn value: 5.4 BTC.

2) But also on the flip side, the second-largest exchange 'interflow' in 2019 was the inverse, i.e Binance to Huobi

 - Total of 137K BTC was sent

 - Total # of txns: 44k

 - Avg txn value: 3.1 BTC

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Editors’ Picks

BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300. A shall green candle on a weekly chart is a promising signal, though the market is still gripped with uncertainty at this stage. 

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XRP/USD drops below $0.2000 after a failure at $0.2030

XRP/USD tested the intraday high at $0.2031, but the strong resistance located around this area discouraged the short-term bulls and pushed XRP/USD below $0.2000 by press time.

More Ripple News

ETH/USD breaks out into the $220 zone, will it be $230 or $210 next?

Ethereum price followed in the footsteps of the largest cryptocurrency by market capitalization, Bitcoin. BTC sprung upwards and for the first time in seven days, stepped above $9,600.

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EOS/USD slumps below 4-hour SMA200, focus on $2.54

EOS/USD attempted a recovery above 4-hour SMA200 (currently at $2.65) and touched the intraday high at $2.67. However, the upside momentum proved unsustainable as the price of the digital asset dropped to $2.62

More EOS News


Bitcoin Weekly Forecast: BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300.

Read the weekly forecast