XRP Price Analysis for February, 18th – XRP Falling Sped Down

by

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Tuesday, February 18th, the XRP rate has stabilized after a series of declining. The cryptocurrency is generally trading at $0.2915. On H4, the quotations remain in the ascending channel. They have tested the support level of the channel, hinting on an attempt to form another impulse of … Read more

Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up

by

Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In … Read more

Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates

by

The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget under pressure, however, there are indications that Beijing … Read more

Litecoin Payments Gain Traction Among Tourism-related Providers

by

One often heard complaint is how cryptocurrencies have limited use in the real world. Those who own Litecoin can book travel and accommodation courtesy of nearly two dozen service providers. The usability of most crypto assets is virtually non-existent. Litecoin is Very Useful for Traveling Except for a few dozen coins, the others are speculative … Read more