Ripple price is currently correcting higher from the $0.1840 support zone against the US dollar.The price is facing a strong resistance near the $0.1900 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.1900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either rally above the $0.1920 resistance or start another downward move.Ripple price is trading in a bearish zone below the $0.1920...
Read More »Compound, 25th Largest Digital Coin, Jumps Past $200
Bitcoin is going through a strange time. As this article is being put out, the world’s number one digital currency by market cap has dropped into the $9,200 spot, meaning it has lost about $200 from its price over the past few days, but other coins – altcoins like Compound – are booming, and reserving places for themselves in the top regions of the crypto market.Compound Is Surging Like No Other CoinAt the time of writing, the Compound token has spiked by more than 250 percent, which means...
Read More »VP of Binance Futures, Aaron Gong: We Saw 217% Institutional Clients Increase In Q1 2020 (Exclusive Interview)
Binance is currently the world’s leading cryptocurrency exchange by means of the trading volume. Launched in 2017, the company has managed to become a standard in the industry quickly.Despite its fast phase growing, the giant exchange launched Binance Futures, the cryptocurrency derivatives trading platform of Binance, only in September 2019. Binance Futures allows users to trade Bitcoin and leading altcoins with leverage as high as 125x.In the months following the launch, Binance Futures...
Read More »BSV Dukes It Out with Binance
It looks like bitcoin SV (BSV) and cryptocurrency exchange Binance – the largest and most popular cryptocurrency trading platform by daily volume – are at each other’s throats.BSV Is Angry About Binance’s DecisionsThe two companies are fighting with each other over Binance’s decision last year to delist the new cryptocurrency token made popular and consistently promoted by Australian tech entrepreneur Craig Wright. Jimmy Nguyen – the president of bitcoin SV (Bitcoin Satoshi Vision) – has said...
Read More »Obyte Airdrop endet in weniger als einem Monat
Obyte hat vor knapp zwei Jahren einen Airdrop gestartet, der sich an Steem-Nutzer richtet. Dieser wird mit der letzten Fork des Steem-Coins eingestellt. Nutzer haben daher nur noch wenige Tage, um ihre gelockten Bytes einzukassieren.Obyte News: Obyte Airdrop endet in weniger als einem MonatIm Juli 2018 startete der Airdrop, der Obyte auf die große Landkarte des Cryptomarktes brachte. Bytes – die native Währung im DAG der Obyte Plattform – werden hier an Steem-Holder ausgeschüttet. Dies...
Read More »Bitcoin Loses Key Support at $9,400 as Altcoins Bleed Slowly: Saturday’s Market Watch
The past 24 hours saw Bitcoin losing an important support level at $9,400. At the same time, the entire market continues to slowly bleed out, as it has been doing for the past few days.Bitcoin Price Below $9,400As CryptoPotato reported yesterday, Bitcoin continues to trade within a range between $9,200 and $9,500 for the last week, except for the wick to $9,000 on June 15th.There’s a symmetrical triangle pattern in play that emphasizes this narrow range, hinting that the price is currently...
Read More »Chainalysis: Institutional Players Are Very Busy With Crypto
Well, well, well… It looks like after years of needless fear and concern, institutional players have a stronger presence in the crypto space than we originally thought.Institutional Players Need to Work Hard for Crypto to GrowIt has often been stated that institutional players are necessary if the cryptocurrency space is going to ever serve as a legitimate and mainstream financial marketplace. For crypto to ever rank amongst cash and credit cards, professional traders must have a hand in how...
Read More »Chris Giancarlo: XRP Shouldn’t Be Regulated by the SEC
A former chairman of the Commodity Futures Trading Commission – Chris Giancarlo – has come to the defense of Ripple and claimed that it is not a security.Chris Giancarlo: Leave XRP AloneRipple has been at the center of a controversial class-action lawsuit for many months, now. Several early investors claim that the company has lied about the currency’s status as a non-security. One investor has even gone so far as to claim that Ripple is a never-ending initial coin offering (ICO).To be fair,...
Read More »Bitcoin Cash Analysis: Breakdown Below $225 Seems Likely
Bitcoin cash price started a steady decline from the $260 resistance against the US Dollar.The price broke the $250 and $240 support levels to move into a bearish zone.There is a key bearish trend line forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $225 support unless it surges above $240.Bitcoin cash price is showing signs of bearish continuation below the $225 support against the US...
Read More »Elrond (ERD) Price Surges 35% to Mark Yearly High, Following Partnership with Travala and TravelbyBit
The positive price performance of Elrond (ERD) in 2020 continues as the altcoin project announced new partnerships with major players in the global travel industry.Flight Payments with ERD on 600 AirlinesElrond Network CEO Beniamin Mincu announced the news of the project’s partnership with Travala and TravelbyBit – two prominent online travel agencies, via a Medium blog post on Thursday (June 18, 2020). According to the statement, both companies are integrating Elrond on their platforms,...
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