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Ripple Price Analysis: Following 12% Weekly Decline, XRP Hinges on Important Support

XRP/USD – XRP Holds Strong At Short Term .618 FibKey Support Levels: $0.25, $0.23, $0.22.Key Resistance Levels: $0.3, $0.32, $0.35.XRP has been relatively quiet in January after the disastrous move in December, which saw it collapse by over 75% from high to low. It managed to find support at $0.2 and started a very slow recovery, trading sideways in a symmetrical triangle pattern.Over the past three weeks, XRP has remained supported by a short term .618 Fib Retracement level at $0.263, which...

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Stock Market Bubble Searches Peak as GameStop (GME) Share Price Surges 600% in Days

2020 turned out to be one of the S&P’s best performing years despite the pandemic. It seems the overall bullish trend in the past year is luring more investors and traders to the stock market. Data shows that searches for “stock market bubble” are peaking as the most recent frenzy with GameStop stock rages on.Stock Market 2020 Recap: A Few WordsThe raging pandemic saw millions of people losing their lives and jobs. These should have been more than enough to trigger a looming bear market,...

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Tron (TRX) Price Analysis: Range Moves Below Key $0.033

Tron price is still facing a strong resistance near the $0.0325 and $0.0330 levels against the US Dollar.TRX price is now trading well below $0.0300 and the 55 simple moving average (4-hours).There was a break below a connecting bullish trend line with support near $0.0302 on the 4-hours chart (data feed via Bitfinex).The pair could revisit the $0.0280 support or even $0.0265 in the near term.TRON price is struggling to gain bullish momentum above $0.0320 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Could Extend Losses Below $30K

Bitcoin price is struggling to clear the $34,000 and $35,000 resistance levels against the US Dollar.The price is now trading well below $34,000 and the 55 simple moving average (4-hours).There are two major bearish trend lines forming with resistance near $34,000 and $34,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline sharply if it fails to stay above the $30,000 support zone.Bitcoin price is showing a few bearish signs below $35,000 against the...

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Bahrain Welcomes Coin MENA, a New Sharia-Compliant Digital Trading Platform

The Central Bank of Bahrain (CBB) is a fan of cryptocurrency. So much so that the firm is now unveiling Coin MENA, a new cryptocurrency exchange.Coin MENA Is Here for All Eager TradersWhat’s the big clincher? The exchange is compliant with Sharia law. The trading platform has recently received its new “Crypto Asset Services Company License – Category Two” and will begin paving a path for users to trade, purchase and sell digital currencies within the Middle Eastern nation of Bahrain.The firm...

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Further Details Emerge Regarding Ripple – SEC Lawsuit

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) is starting to heat up.Ripple Could Be Heading to a Point of No ReturnHere’s a little background on the case. Less than a month ago, the financial agency filed a civil suit against Ripple, which issues the fourth-largest cryptocurrency in the world known as XRP after bitcoin, Ethereum and Tether (a stable currency). The SEC is alleging that Ripple falls into the “securities” category and did not properly register its...

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Education Is Crypto’s Missing Link, Says Grayscale CEO

Global regulators have always branded cryptocurrencies, especially bitcoin, as a tool for illicit activities such as money laundering and crime financing. Even the newly-confirmed US Treasury Secretary Janet Yellen recently raised concerns over the same issue. Experts like ECB President Christine Lagarde and Shark Tank’s Kevin O’Leary have also called for a unified global regulatory framework for bitcoin to work properly. With the regulatory pressure mounting on the crypto industry, Michael...

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100-mal schneller: Zweite Schnellladestation von Fastned in der Schweiz eröffnet

Zweite Schnellladestation von Fastned in der Schweiz eröffnet Fastned, das europäische Schnellladenetzwerk für Elektrofahrzeuge, hat seine Zweite Schnellladestation in der Schweiz eröffnet. Diese Station befindet sich in der Nähe der ersten Station (Suhr), die Fastned im Dezember letzten Jahres eröffnet hat. Fastned-Dach mit Solarmodulen Die Schnellladestation kennzeichnet...

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Avalog integriert Crypto Asset Lösung

Die erfolgreiche Lancierung des Crypto Asset Handels mit der Crypto Finance Gruppe unterstützt Avaloq dabei, ihren Bankkunden vollständig integrierte Crypto Asset Lösungen anzubieten. Die erfolgreiche Lancierung des Crypto Asset Handels mit der Crypto Finance Gruppe unterstützt Avaloq dabei, ihren Bankkunden vollständig integrierte Crypto Asset Lösungen anzubieten. Mit dieser Partnerschaft übernehmen die Crypto Finance Gruppe und Avaloq...

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1 Tesla für 1 Bitcoin? Tesla 3 ab 35’000 Euro

Tesla Modell 3 Vor Jahren hatte Tesla angekündigt, ein bezahlbares Elektroauto für unter 35’000 US-Dollar anbieten zu wollen. Diese magische Grenze war in der Fachpresse immer wieder ein Thema. Nun scheint es fast geschafft, zumindest in Deutschland ist Tesla günstiger als je zuvor: Lange angekündigt hat Tesla nun sein Mittelklassemodell Tesla 3 für einen Preis von 34’970 Euro...

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