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Bitcoin (BTC) Price Breaks Above $9,000. Is $10,000 on the Cards?

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Sun, 01/19/2020 - 09:56
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  • Bitcoin (BTC) continues its streak of impressive gains with its price finally surpassing $9,000

Cover image via 123rf.com
Contents

The Bitcoin (BTC) price has recently made another upward move that allowed it to cross the make-it-or-break-it $9,000 level. After experiencing a slight pullback from its intraday high of $9,186, the top cryptocurrency is changing hands at $9,115, according to CoinStats data

BTC
image by @coinstats.app

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The roaring 2020s 

Despite its historic gains during the 2010s, Bitcoin has defied critics and started 2020 with a blast. Trader Scott Merkel has pointed to the fact that BTC is already up by 43 percent this month.

BTC +43 percent
image by @scottmelker

To put this into perspective, the number cryptocurrency was trading below $7,000 on Jan. 2, which prompted gold bug Peter Schiff to prematurely post his acrimonious tweet about Bitcoin being the worst asset of the decade.                  

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Is "slapping" about to commence? 

On Aug. 2, Binance CEO Changpeng Zhao infamously tweeted the infamous warning for Bitcoin sellers that later became one of the biggest memes of 2019 because of how inaccurate this call was.

Slapping
image by @cz_binance

Those who sold at $10,000 ended up on the winning side after Bitcoin plunged to a local low of $6,400 in December.

However, this time around, CZ is convinced that "slapping" should commence sooner or later. 

Bitcoin Price
image by @cz_binance

Will Bitcoin touch $10,000 by the end of January? Share your predictions in the comments!   

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Tue, 03/31/2020 - 17:59
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  • Ripple's development platform proposes to add an opt-in privacy feature to the XRP Ledger

Cover image via stock.adobe.com
Contents

Ripple's development arm Xpring has come up with a new proposal to add an "opt-in" privacy feature to the XRP Ledger. It's now up to the community to review the proposal via GitHub.   

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Private transactions  

In his blog post, Warren Paul Anderson, the head of the Xpring developer community, explains that XRP can be made anonymous with the help of 'blinded tags' that would obfuscate the source and destination tags from anyone apart from from the originator and the source of a specific transaction. 

In such a way, private payments on the XRP Ledger would appear 'random' to third parties.  

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Streaming payments  

Xpring also made an announcement about the Xpring Wallet adding support for the STREAM protocol. It allows users to send and receive in the form of encrypted packets of money or data over blockchain-agnostic Interledger by establishing an HTTP connection.  

All developers can now integrate streaming payments into their applications with the help of Testnet XRP.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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