BitTorrent joined the list of top 10 digital currencies with 86% growth in one day

BitTorrent joined the list of top 10 digital currencies with 86% growth in one day

Over the past two weeks, some lesser-known altcoins have been trying to make the top 10 digital currencies on the market. After Theta, followed by File Coin, BitTorrent has now grown to 86th place in the top digital currencies with 86% growth over the past 24 hours.

At the time of writing, BitTorrent (BTT) is trading at $ 0.0127 with a market value of $ 13.1 billion.

It is interesting to note that there is no specific fundamental reason for the increase in the price of BitTorrent. BitTorrent is a peer-to-peer file sharing protocol that enables users to download several different file types quickly and free of charge from the Internet. Strong technical technique can be one of the acceptable reasons for this price increase.

Another latest development on BitTorrent is that ten days ago, the Poloniex exchange announced that BitTorrent Sticking would run on the platform from March 25, 2021.

Economic calendar Monday, April 5

Economic calendar  Monday, April 5

 

Rumor has it that the Kevin Bass exchange intends to resume XRP trading

Rumor has it that the Kevin Bass exchange intends to resume XRP trading

 Rumor has it that US exchange Kevin Base intends to resume XRP trading on its platform. Kevin Bass executives have not yet commented on the matter.

In December 2020, the US Securities and Exchange Commission (SEC) accused Ripple and its top executives of boarding out Garlinghaus and Chris Larsen of "offering unregistered digital asset stocks" to investors. Many exchanges and trading platforms, including Quinn Base, stopped trading XRP, while many others removed the digital currency from their trading list.

A Twitter user nicknamed Krish xrp noted that Kevin Bass was preparing to resume Ripple trading, and attached a photo below, noting that work was underway.

Overall, there is hope for XRP investors that other exchanges can follow suit and resume XRP trading.

Bitcoin Analysis Sunday, April 4

Bitcoin Analysis Sunday, April 4

Last week, the price of Bitcoin surpassed $ 55,500 with a steady rise. The BTC / USD pair also broke the $ 58,000 resistance and was higher than the simple moving average of 100 (4 hours).

The pair even crossed the $ 59,500 level and continued its upward trend above the $ 60,000 resistance. However, the price did not close above the $ 60,000 level, but the price ceiling was set at around $ 60,030, after which a new downward trend began. In this downtrend, the support levels of $ 58,500 and $ 58,000 were broken.

The price of Bitcoin fell below the correction level of 23.6% Fibonacci retracement of the volatile price of $ 50,465 fell to the price level of $ 60,630. The BTC / USD 4-hour chart also shows a price break below a bullish uptrend line with support near $ 59,000.

The pair touched the $ 56500 support area and the simple moving average of 100 (4 hours). In addition, another uptrend line has formed with support at nearly $ 56,800 in the same chart.

If below the trend line support, the level of $ 56,500 and the simple moving average of 100 (4 hours) we see a downward price break, there is a possibility of a sudden fall to $ 55,250. This level is close to the 50% Fibonacci retracement level of the $ 50,465 uptrend to $ 60,630. Any further reductions may touch the $ 53,800 level.

If Bitcoin can stay above the $ 56500 support and the simple moving average of 100 (4 hours), it will probably face a price increase again.

The first major resistance to bitcoin is nearing $ 58,000. Closing the price above the $ 58,000 level could pave the way for a move to the 60,000 resistance area. The next major hurdle is close to $ 62,000.

Technical indicators

The MACD is accelerating hourly for the BTC / USD pair in the downtrend area.

The hourly RSI for the BTC / USD pair is currently below the 50 level.

Main Support: $ 56500

Main resistors: $ 58,000

Ripple Analysis (XRP) Saturday, April 3

Ripple Analysis (XRP) Saturday, April 3

The price of Ripple Digital Currency is about to break an important resistance level and turn this level into a support. This move could signal the beginning of a strong uptrend.
Ripple prices have been inverted since late November. This pattern is a reversal pattern and reflects price growth in the long run.
This pattern consists of three valleys, one of which is lower than the others and the other valleys include the shoulder part of this pattern.
If the neckline of this pattern breaks at $ 0.63 and the price stabilizes above this level, the next target will be $ 1.09.
Ripple prices are approaching this level but have not yet closed above this resistance.

On the other hand, since January, the number of addresses holding 100,000 to 1 million ripples and 1 million to 10 million of these digital values ​​has increased by 6.17% and 5.85%, respectively. This indicates that investors are optimistic about the future of Ripple.

However, the MVRV index shows a figure of 14%, which means that many of the user accounts that maintain Ripple are not profitable and their investors are reluctant to exit the market any time soon and sell their assets.
The one-month MVRV index also fluctuates in the same range, despite a 45% increase in Ripple prices.

Overall, Ripple is ready to take an uptrend, but the continuation of this trend depends on the strong presence of buyers above the resistance level of $ 0.63.
If the price does not cross the $ 0.63 resistance, then we will see a 16% drop in the price to the level of 61.8%. Fibonacci correction at $ 0.53. If the sell-off continues, the next target of the 50% Fibonacci level will be $ 0.46. If this support level is broken, the reverse of the reverse head and shoulder pattern will be lost and the ready-to-fall price will increase.

An overview of the cryptocurrency market Saturday, April 3

An overview of the cryptocurrency market Saturday, April 3

Bitcoin dominance falls to its lowest level in 7 months

While most alternative coins have made significant gains over the past few days, bitcoins have stopped below the 60,000 level. The first cryptocurrency in the market has been struggling with this particular price line for some time, but all its repeated attempts to overcome this resistance have failed every time and pushed it down.

In the last 24 hours, BTC was only a few hundred dollars away from touching $ 60,000 again, but subsequent corrections reduced the asset to its lowest daily level of $ 58,500.

Despite recovering several hundred dollars worth of bitcoin and trading above $ 59,000 at the time of this writing, bitcoin dominance has suffered a major blow. In fact, the benchmark for comparing the BTC market value with other encrypted assets has dropped to 58.4%. This is the lowest level of bitcoin dominance in the crypto market since mid-September 2020. It should be noted that this criterion in early January 2021 was much higher than 70%.

Polkadat ranks fourth in the market

The last few days have been quite bullish for the Altcoins market. Atrium has led the way with the formation of several consecutive daily green candles, and as a result of these developments, it was able to conquer the territory of $ 2,000 again yesterday.

Of course, the market's second cryptocurrency did not stop here and continued to advance until a new downturn of around $ 2150 (on Bitstamp). Despite some modifications since then, ETH is still trading above $ 2,100.

Bainance Quinn fell slightly from yesterday's record above $ 350 and traded around $ 340. Cardano and Theta have had minor gains, while LightQueen (6%), Ripple (12%) and Uni Swap (11%) are all green.

Nevertheless, Polkadat had the most significant performance among the top 10 currencies in the market, with a significant increase of 22% on a 24-hour scale. As a result, DOT became the fourth cryptocurrency in terms of market value, setting a new record at $ 46.5.

Double-digit growth in tokens such as Holo (57%), Livepeer (42%), BitTorrent (19%), EOS (14%), Solana (13%) and Cosmos (12%) is also significant.

Finally, the total market value of cryptocurrencies remains above $ 1.9 trillion, but it is still about $ 30 billion before it touches $ 2 trillion for the first time.

Weekly Gold Analysis Saturday, April 3

Weekly Gold Analysis Saturday, April 3

The price of gold has been on the rise despite the growth of employment in the United States. In March, the United States, the world's largest economy, created 916,000 jobs. If inflation continues, will the Fed raise interest rates and reduce the attractiveness of gold for investment? The answer to this question is complicated! But first, gold must be examined technically.
According to the TCI indicator, a significant support level is formed at $ 1,738. This level is the intersection of the middle band of the Bollinger Band indicator in a four-hour time frame with levels of 23.6% weekly Fibonacci and 61.8% monthly Fibonacci.
If this support level is broken, the next target will be the level of $ 1,708. In this range, the 100-hour moving average indicator and the weekly S2 pivot hit a level of 38.2% Fibonacci monthly.

On the other hand, the first resistance level is formed at $ 1,732 (the intersection of the upper band of the Bollinger Band indicator and the level of 38.2% Fibonacci weekly).
If this resistance level is broken, the next target will be the $ 1,747 level. This resistance is formed at the intersection of the daily P2 R2 and the weekly R1.

Paris Hilton: I'm interested in bitcoin

Paris Hilton: I'm interested in bitcoin

Paris Hilton, who has now become a trader, appeared as a bitcoin holder in a recent interview on CNBC's Closing Bell program on Thursday.

The influencer, who was first recognized as the heir to the $ 4 billion Hilton luxury hotel empire, says he has been interested in bitcoin for some time and claims he is "very excited" about bitcoin. Which is definitely the future of bitcoin.

He is working with several other artists to present his first NFT token this month.

The Hilton perfume empire has sold more than $ 2.5 billion over the past 15 years, and the net worth of the businesswoman has exceeded $ 300 million, despite the fact that her grandfather, Baron Hilton, donated her inheritance to charity in 2007. gone.

Ripple reached its highest price level in 39 days

Ripple reached its highest price level in 39 days

Ripple's cryptocurrency, XRP, hit $ 0.609 yesterday. Following this important achievement in the Bitstamp exchange, Ripple managed to reach its highest price level since February 22. At that time, XRP briefly touched the $ 0.65 level.

Ripple is confident of winning the court

The token experienced a massive crash in late December last year following a lawsuit filed by the US Securities and Exchange Commission against Ripple.

Holders of XRP currency, who have recently been able to file a lawsuit, claim that the lawsuit has resulted in "multibillion-dollar damages" to them. In his latest interview with CNN's Julia Chatterley, Ripple CEO Brad Garlinghaus assured CNN that the blockchain company would "win" the lawsuit.

It should be noted that the legal battle of this company with the Stock Exchange and Securities Commission has entered its fourth month.

6 multipurpose wallets for Android

6 multipurpose wallets for Android

In this article, we want to introduce you to wallets through which you can store and manage several of your digital currencies. You know that choosing a wallet is not easy and each of them has advantages. And they have their drawbacks. In this article, you will get acquainted with 6 top wallets that have been selected based on the popularity of these wallets in the Google Play store, the number of digital currencies they support, security and a number of other unique features.

 

Wallet (Blockchain.info)

    Release Date: 2013
    Supported platforms: iOS, Android, Web
    Supported digital currencies: BTC, BCH, ETH
    Private key: Available to third parties (Blockchain.info)
    Security: 2FA, multiple signatures
    Built-in Exchange: Activated by ShapeShift
    Ability to buy by credit card: Yes
    Number of installations on Android devices: more than 1 million people

 

The Blockchain.info website offers a wallet that is available to users in 37 different languages. Users of this wallet can buy ether digital currencies, bitcoins, bitcoin cache through their credit cards. Blockchain.info, like Kevin Base, holds users' private keys. This website is also a bitcoin blockchain browser and users can follow the information inside the bitcoin network through it. This information includes transactions, blocks, wallets and many other information that this site provides to you. One of the best information this site provides is that you can get accurate information about your transaction by entering a transaction hash (TxHash).

 

Wallet (Coinbase)

    Release Date: 2013
    Supported platforms: iOS, Android, Web
    Supported digital currencies: BTC, BCH, ETH, LTC
    Private key: In the possession of a third party (Kevin Base)
    Built-in: Activated by ShapeShift
    Ability to buy by credit card: Yes
    Number of installations on Android devices: more than 5 million people

 

One of the oldest and most popular wallets in the digital currency market is the Quinn Base. Interestingly, inside this wallet, you can exchange your assets with other digital currencies.

 

One of the drawbacks of this wallet is that the users' private key is in the possession of Kevin Base. Of course, the makers of this wallet have slightly alleviated this problem by offering security features such as 2FA, the ability to assign multiple signatures and the ability to use offline (Cold Storage). It is true that people all over the world can use this wallet, but we must keep in mind that the country of manufacture of this wallet is the United States of America and some of its features are only available to those who are American citizens.

 

Kevin Base and its users have been hacked a lot so far, but Kevin Base has insured people's assets.

 

Wallet (FreeWallet)

    Release Date: 2016
    Supported platforms: iOS, Android, Web
    Supported digital currencies: BTC, ETH, BCH, LTC, XMR, ARDR, BCN, BNT, BTG, DASH, DCT, DOGE, EOS, FCN, GUP, IGNIS, LSK, NEO, NXT, PTOY, USDT, XDN, XEM , XMO, ZEC
    Private key: Available to a third party (FreeWallet)
    Security: 2FA, multiple signatures, offline use (Cold Storage), email confirmation, transaction limit
    Built-in: Activated by Changelly
    Ability to buy by credit card: Yes
    Number of installations on Android devices: more than 1 million people

 

The FreeWallet team, unlike other wallet makers, has created a wallet for each of the digital currencies. With FreeWallet wallets you can store 25 coins and a large number of ERC20 standard tokens. FreeWallet also holds users' private keys and offers security features such as 2FA, the ability to use multiple signatures for the transaction, a confirmation email to send the transaction, and restrictions on the amount of the transaction. It also provides users with the ability to store assets offline (Cold Storage). One of the salient features of a FreeWallet wallet is the support service that sets it apart from the rest.

 

Wallet (Coinomi)

    Release Date: 2014
    Supported platforms: iOS, Android
    Supported digital currencies: 154 coins and tokens including bitcoin, ether and bitcoin cache
    Private key: Available to the user
    Security items: -
    Built-in: Activated by Changelly \ ShapeShift
    Ability to buy by credit card: None
    Number of installations on Android devices: more than 500,000 people

 

Coinomi wallet is one of the most popular wallets for digital currencies that supports a large number of coins and tokens. Coinomi wallets allow you to easily participate in ICOs and hold tokens that are not supported in other wallets. Another distinctive feature of the Coinomi wallet is that the user has a private key, which is why this wallet does not have additional security features.

 

Wallet (Jaxx)

    Release Date: 2014
    Supported platforms: iOS, Android, Chrome extension, OS X, Windows, Linux
    Supported digital currencies: 69 coins and tokens including bitcoin, ether and bitcoin cache
    Private key: Available to the user
    Hair

Security word: -
    Built-in: Activated by ShapeShift
    Ability to buy by credit card: None
    Number of installations on Android devices: more than 500,000 people

 

The Jaxx wallet was created by Anthony Diorio, one of the founders of Atrium, in 2014. This wallet is available to users through many platforms, and this is one of the reasons for its popularity. The Jaxx wallet, like the Coinomi wallet, allows you to easily participate in ICOs and keep coins or tokens that other wallets do not support. You can also connect the Jaxx wallet to the ShapeShift instant exchange and exchange your digital currencies, but keep in mind that this wallet does not allow you to exchange cryptocurrencies backed by Fiat currencies such as Tether and TrueUSD. Give.

 

BRD Wallet

    Release Date: 2016
    Supported platforms: iOS, Android
    Supported digital currencies: Bitcoin, Ether and Bitcoin Cash and up to 100 tokens with ERC-20 standard
    Private key: Available to the user
    Security items: -
    Built-in exchange: Yes
    Ability to buy by credit card: None
    Number of installations on Android devices: more than 100,000 people

 

The BRD wallet supports bitcoin, ether and bitcoin cache, as well as a large number of tokens that meet the ERC20 standard. The distinctive feature of this wallet is that the private key is available to the user and therefore other security issues are not considered. This wallet allows you to buy bitcoins by bank payment. You can also save and store your digital assets from your credit card and Simplex platform. The makers of this wallet have also launched a token called BRD.