Altcoins

Poloniex exchange has announced Binance Coin (BNB) & Binance USD (BUSD) stablecoin to be available for trading on the veteran exchange.As of writing these lines, BNB & BUSD wallets are now open for deposits, and users can trade BNB/USDT, BNB/TRX, BUSD/USDT, BNB/BUSD, BTC/BUSD, and BTC/BNB. Notably, this will be the first BNB/TRX pair outside of Binance. Did anyone say Justin Sun?BUSD and BNB’s Rise In PopularityBUSD is a Price-stable, USD-pegged digital asset that was launched in...

To say that this week has been a wild ride is definitely an understatement. Bitcoin’s price went nuts and kept everyone on edge. In the span of 24 hours, BTC went to surge from $9,400 to almost $10,500 and then back to $9,400 and even lower down to $8,600 on BitMEX. This whole ordeal saw an insane amount of both short and long positions getting liquidated.Interestingly enough, all of this comes as the legacy markets are flying. The S&P 500 is up almost 6% this week alone, while Nasdaq 100...

Bitcoin cash price is following a bullish path above the $250 level against the US Dollar.The price is facing a major hurdle near the $268 and $270 levels.There is a major bullish trend line forming with support near $254 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if there is a clear break above the $268 resistance zone.Bitcoin cash price is trading in an uptrend above $255 against the US Dollar. BCH/USD is likely to clear the...

The protests over George Floyd’s death in the US have escalated well beyond the country’s borders are people from the entire world are showing their support.However, what started as a peaceful demonstration become something much worse, as looters have destroyed and robbed a multitude of stores throughout the country.Amid all this turmoil, someone has created a somewhat cynical cryptocurrency called George Floyd token, perhaps aiming to monetize the ongoing unrest.George Floyd TokenGeorge...

Current data from CME and other Bitcoin price monitoring bodies have shown a bullish activity among institutional investors which may help Bitcoin price to hit $13,000 in June-JulyBitcoin, the first-ever digital currency which was created in 2008 by Satoshi Nakamoto and came into limelight in 2009 is renowned for its volatility, a factor that influences the price and market value of all other digital currencies collectively known as altcoins. CME data shows that Bitcoin remains bullish...

EOS price is trading nicely above the key $2.650 support zone against the US Dollar.The price is facing a short-term resistance near the $2.760 level, but it is well above 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains in an uptrend and it could continue to rise towards $3.000 in the near term.EOS price is gaining bullish momentum above the $2.700 level...

Litecoin price is holding the key support area near $45.50 against the US Dollar.LTC price is likely to continue higher above the $47.80 and $48.00 resistance levels.There are two key bullish trend lines forming with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains in a positive zone and it seems like the bulls are eyeing a clear break above $50.00.Litecoin price is gaining bullish momentum and trading above key supports against the US...

ADA price rallied towards the $0.0880 level before correcting lower against the US Dollar.The price declined below the $0.0800 level, but it found support near the $0.0720 level.There is a major contracting triangle forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The price could start another increase if it clears the $0.0800 and $0.0820 resistance levels.Cardano price is currently consolidating after the recent correction against the US Dollar and bitcoin....

Blockchain firm BitClave is being forced to refund all the money it earned three years ago through an initial coin offering (ICO) thanks to a settlement with the Securities and Exchange Commission (SEC).BitClave: Not the First, Not the LastThe SEC has been coming down hard on blockchain and crypto companies that allegedly fail to register their tokens as securities. Since 2017, the governing body has sought to bring all companies that do not properly register their currencies to justice and...

Bitcoin has been doing relatively well, as of late. The world’s number one cryptocurrency by market has surged beyond $9,500 for the first time in well over a week, and the bullish train its riding doesn’t appear to be running out of steam anytime soon. However, bitcoin’s recent gains don’t even compare to the run Ethereum is enjoying.Ethereum: Today’s Crypto King?ETH is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, one unit...