Altcoins

Ethereum price declined sharply below $400 and found support near $310 against the US Dollar.ETH price is likely forming a support base above $310 and it might start a decent recovery.There is a key bearish trend line forming with resistance near $355 on the 4-hours chart (data feed from Coinbase).The pair could recover towards the 55 simple moving average (4-hours) if it clears the $360 resistance.Ethereum price is showing a few positive signs above $340 against the US Dollar. It seems like...

As the Binance Card represents a crypto payment tool by design, the product’s functioning in Russia also raises a number of questions.World’s biggest Bitcoin and altcoin crypto exchange by volume Binance decided not to give up its plans of launching the Binance Card in Russia in spite of the imminent ban on crypto payments in this country.Binance is speeding up the arise of its crypto debit card in Russia according to a senior executive Gleb Kostarev. Kostarev, who is a Binance’s head of...

Stellar lumen price started a major decline from the $0.1020 resistance against the US Dollar.XLM price is now trading well below the $0.0825 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.0785 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it clears the $0.0800 and $0.0825 resistance levels.Stellar lumen price is trading in a bearish zone below $0.0800 against the US Dollar, similar to...

[PRESS RELEASE – Please See Disclaimer]7 September 2020, 8:00am UTC– Binance Futures is hosting its 1st Anniversary Trading Tournament with over $1,600,000 USD in BNB tokens to be won. The tournament follows Binance Futures’ 1st Anniversary Video Competition.Binance Futures has become the global leading crypto derivatives trading exchange in under a year, providing users with 60 futures contracts and 12 leveraged tokens, the most varied range of futures pairs in quantity and variety.Binance’s...

Ripple price started a strong decline from well above the $0.2750 level against the US dollar.The price is currently trading well below the $0.2500 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.2390 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower below $0.2280 as long as it is below $0.2450.Ripple price is trading in a bearish zone below $0.2500 against the US...

With the local economy continuing to suffer and the Argentinian peso devaluating, over 73% of participants in a recent poll voted that cryptocurrencies are the most efficient saving mechanism. Nearly as many responded that they have invested in at least one digital asset.Argentina’s Economy Following The COVID-19 LockdownsThe South American country had been suffering even before the government initiated extreme measures in an attempt to fight the expanding COVID-19 pandemic threat. Argentina...

The events of the past days shook the DeFi space in a way that no other project did this year. The lead developer of the project dumped all of his token on the market, crashing SUSHI’s price by over 50%.After that, he transferred the control over the protocol to FTX’s CEO and the price bounced by almost 200%. It’s no doubt that these kinds of swings are likely to be only possible in the crypto field.However, the community also took it upon itself to largely criticize Binance for listing...

After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...

The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...

The events of the past seven days took a turn for the worst throughout the entire cryptocurrency market. Bitcoin started the week trading at around $11,500 and managed to advance to a peak of around $12,050 a few days later.And that’s when it went downhill.In less than two days, BTC lost around $1,500 of its value, bringing the price down to its current level of $10,500. However, the primary cryptocurrency spiked to a low of $9,875 on Binance before recovering, taking all large-cap altcoins...