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Bears Appear Strong as XRP Drops Below $0.24 (Ripple Price Analysis)

XRP fell by a steep 16.8% over the past week as the coin reached $0.234 today.XRP continued its decline as it broke beneath the strong support at $0.237.Against Bitcoin, XRP dropped below the 100-days EMA today.XRP/USD – Bears Push Toward .618 Fib SupportKey Support Levels: $0.228, $0.22, $0.216.Key Resistance Levels: $0.24, $0.246, $0.25XRP had a disastrous first week in September as it rolled over from above $0.3 to reach the current $0.233 level. During the decline, it initially managed to...

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CeFi Chases DeFi as Huobi Launches Liquidity Mining

Centralized exchanges are facing the harsh reality of losing out to DeFi protocols that don’t have as many costs involved with transacting. The only way to get back in the game is to launch their own DeFi products to lure customers back, and liquidity farming is the most popular activity in the industry at the moment.Huobi Hunting DeFiThe Singapore-based crypto exchange, Huobi Global, has just announced a DeFi liquidity mining campaign beginning today, September 7. The incentive is the first...

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Band Protocol’s CTO: I Am Not Nomi Chef (Sushiswap Lead Developer)

The cross-chain data oracle platform Band Protocol has published a statement refuting the claims that its Co-Founder and CTO Sorawit Suriyakarn is the creator of the SushiSwap protocol, despite arguments broached by the community.The Community Claims Suriyakarn Is Chef NomiIn the past few days, the lead developer of the popular SushiSwap protocol, standing behind the Twitter handle Chef Nomi, attracted lots of attention toward himself. He sold off all of his Sushi tokens to “stop caring about...

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Stellar Lumen (XLM) Price Could Recover If It Breaks $0.08

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...

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Binance Futures 1st Anniversary Trading Tournament Over $1.6M to be Won

[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...

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Whales Sold Over 1M ETH Prior To The 35% Price Collapse

Ethereum’s price has been freefalling in the past few days, losing nearly $200 of value at one point. According to a recent report, the price drop came shortly after the top 100 ETH exchange addresses dumped over 1 million tokens.ETH’s Recent Price Dump Predicted By Sell-Offs?Just until a few days ago, ETH’s price was on a roll. The second-largest cryptocurrency by market cap soared to a 2-year high at about $490. With such an impressive bull run, the community wondered how long it would take...

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#964 Weiterer Bitcoin Dump, Peter Schiff Krypto Bärenmarkt & Kasachstan investiert Rekordsumme in Krypto

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 964. Im heutigen Video geht’s um folgende Themen: Bitcoin vor dem nächsten Dump, Peter Schiff sieht Bitcoin Bärenmarkt & Kasachstan investiert Rekordsumme in Kryptowährungs-Sektor 1.) Bitcoin At Potential Risk of Breakdown Below $10,000: Here’s Whyhttps://www.newsbtc.com/2020/09/07/bitcoin-risk-of-breakdown-below-10000/ 2.) Peter Schiff: ‚I was wrong about...

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Ripple Price Analysis: Risk of More Downsides Below $0.228

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...

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Is The Correction Over? Bitcoin Struggles To Maintain The $10,000

Bitcoin has reduced its high volatility as of late and remains above $10,000. The rest of the market shows recovery signs, including Chainlink, which is back in the top 5, and SushiSwap’s triple-digit price surge has returned SUSHI in the top 100.Bitcoin Stays Above $10KAfter a few consecutive days of massive price fluctuations, in which BTC lost $2,000 of its value, the past 24 hours were relatively calm. Bitcoin bounced off $10,000 again but since then pumped to the intraday high of...

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Analyst: The Recent Bitcoin Drop Isn’t Such a Bad Thing

As we all know by now, bitcoin is not in its greatest state. The currency continues to delve deeper into oblivion, now trading at roughly $9,900 at the time of writing despite moving beyond the $12,000 line just over a week ago.Bitcoin Is Headed for a Dark PlaceHowever, according to several sources, there were red flags appearing all over the crypto space during these past few weeks, and bitcoin has long been at risk of heading towards an extremely low position on the financial ladder....

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