XRP remains above the $0.21 level after seeing a 10% price surge over the past week.Against BTC, XRP has plummetted to create a fresh low beneath the December low-day-closing price.If the bulls can continue to defend the $0.21 level, there is a chance that we will head toward $0.25.Key Support & Resistance LevelsXRP/USDSupport: $0.21, $0.20, $0.185 Resistance: $0.22, $0.228, $0.234, $0.26..XRP/BTC:Support: 2800 SAT, 2750 SAT, 2710 SAT, 2600 SAT.Resistance: 2900 SAT, 3000 SAT, 3200...
Read More »Binance Futures Launches Fifth Perpetual Contract with EOS/USDT Pair
Major crypto exchange giant Binance has announced that it is launching a new perpetual contract product through its futures trading platform – Binance Futures. The new contract, which pairs EOS with Tether’s USDT is the platform’s fifth one.According to an official announcement on the Binance website, the new contract launched at 8:00 AM (UTC) on Wednesday, January 8. Also, Binance Futures is offering users up to 75x leverage.Binance also put a pricing limit of ±1% on the mark price, to...
Read More »Former Bakkt CEO Kelly Loeffler Appointed At CFTC Committee
Kelly Loeffler, the former CEO of Bakkt, has recently taken a seat in the U.S. Senate for the state of Georgia. Reports have it, though, that she is also assigned to serve on the Senate Agriculture Committee with the CFTC. Given that her husband is the CEO of the Intercontinental Exchange (ICE), this could raise concerns about a potential conflict of interest.Bakkt’s Former CEO Sits In A CFTC CommitteeKelly Loeffler quickly became one of the most influential people within the cryptocurrency...
Read More »BTC Hash Rate Surges Back to Hit New All-Time High of 120 EH/s, Bitcoin Price Up 5%
The Bitcoin hash rate has been the talk of the town and analysts are closely observing its movement. After dropping below 100 EH/s earlier this week on Monday, the Bitcoin hash rate recovered back to hit a new all-time high.Beating all of its previous records, the Bitcoin hash rate has hit 120.7 exahashes per second (EH/s). The higher hash rate indicates the higher relative strength of the Bitcoin blockchain. It also indicates higher miner participation and more computational power invested...
Read More »Ethereum Upward Rally Strained due to Developers Change of Strategy
Ethereum is drifting on the price level at $143.64 in the generally positive market. At the same time, Ether’s on the spot upside is restricted to the price level at $145 notwithstanding the obstruction offered by the falling trendline.Ethereum can even now slant past the price level at $160 for the time being, however, the bulls should initially defeat the opposition by $150 price level.Ethereum has framed a higher structure from December 18. Brief times of consolidation additionally would,...
Read More »AlgoTrader: Digital Asset quant trading platform AlgoTrader announces Series A capital raise led by global tier 1 bank
AlgoTrader: Digital Asset quant trading platform announces Series A capital raise led by global tier 1 bank. AlgoTrader AG, a leading Swiss platform services provider for fully-integrated and automated quantitative trading and trade execution, for both traditional and digital assets, has completed a new round of financing from institutional growth investors. This series A round totaling CHF 3.7 million was led by an undisclosed global...
Read More »Ripple: XRP-Kurs mit 10 % im Plus!
Ripple XRP: Der Kurs schnellte am Montag um mehr als 10% in die Höhe. Nachdem Ripple letztes Jahr einer der grossen Verlierer war und mehr als 70% verloren hat, scheint XRP in der Bitcoin Community plötzlich wieder beliebt zu sein. Gleich zu Beginn des Jahres 2020 schnellte der Kurs um mehr als 10% in die Höhe und Ripples XRP waren fast so beliebt wie der Neujahrs-Zopf. Aber...
Read More »Bitcoin’s Price Rises above $8,300 as Bull Run Seems Likely
Bitcoin’s price rises again. Many pundits have indicated that this has created a new paradigm where Bitcoin’s price is now finding new support levels. This also means that a bullish trend may be in the offing although many think that this isn’t so. Bitcoin’s prices have been under severe pressure lately. The downward trend suggested that prices may have finally fallen to less than $5,000 or even worse indicating the lack of footing for a support level. These fears, however, were dispelled as...
Read More »Cardano (ADA) Price Analysis: Rally To $0.05 Seems Imminent
ADA price is trading with a positive bias above the $0.0350 resistance against the US Dollar.The price is gaining traction and it is likely to accelerate above the $0.0385 resistance.There is a major bullish trend line forming with support near $0.0365 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to accelerate above the $0.040 resistance area.Cardano price is trading nicely in an uptrend against the US Dollar, similar to bitcoin. ADA price...
Read More »Bitcoin Spikes To $8,400 As US-Iran Clash Intensifies, Altcoins Crashing: Daily Market Watch
Bitcoin’s price went on a rampage. Just five days ago, it was trading at around $6,850, and today, it went over $8,400 to settle at where it currently trades at around $8,270. With an increase of around 5% for the past 24 hours, Bitcoin seems to mark a good start to yet another year. As Cryptopotato reported, $8,400 was a significant resistance and we have yet to see a definitive close above it. Should that level fall, the next one to look forward to is $8,650. BTC/USD. Source:...
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