The Coinbase Chief Legal Officer Paul Grewal published a post earlier informing customers that the popular exchange will seize offering margin trading.Clients will not be able to place margin trading orders starting from 2 p.m. PT on November 25th, 2020. At the same time, the platform will cancel all open limit orders.The San Francisco-based exchange will disable the margin trading feature fully at the end of November, “once all existing margin positions have expired.”According to the...
Read More »CNBC’s Brian Kelly Reveals Why Bitcoin Could Head For A Short-term Correction
Although he remains bullish on Bitcoin for the long run, the self-proclaimed Bitcoin Televangelist Brian Kelly pointed out several reasons why BTC could be heading for a price correction.While speaking on CNBC’s Fast Money, Kelly warned investors that Bitcoin could just as easily drop to $12,000 before seeing new highs.FOMO In The Crypto Market?Bitcoin and the entire cryptocurrency market has enjoyed the past few months. BTC almost doubled its value since early October and is currently...
Read More »Tron (TRX) Price Analysis: $0.038 Presents A Crucial Challenge
Tron price surged and cleared the $0.0300 and $0.0320 resistance levels against the US Dollar.TRX price tested the $0.0380 barrier and settled above the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0335 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0330 and $0.0300.TRON price is trading in a positive zone above $0.0320 against the US Dollar, similar to bitcoin. TRX...
Read More »#1021 Bitcoin Top $160.000, Finanzminister Scholz gegen private Kryptowährungen, Binance Tradingvolumen ATH
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1021. Im heutigen Video geht’s um folgende Themen: Bitcoin Top bei $160.000, Finanzminister Scholz gegen private Kryptowährungen, Binance mit neuem ATH bei Tradingvolumen. 1.) Bitcoin Kurs Muster voriger Bull Runs legen ein Top von 160.000$ mit einer Korrektur auf 25.000$ nahehttps://cryptomonday.de/bitcoin-kurs-muster-voriger-bull-runs-legen-ein-top-von-160-000-mit-einer-korrektur-auf-25-000-nahe/...
Read More »Bitcoin Price Analysis: BTC Just Shy of a New All-Time High
Bitcoin price started a strong increase above the $18,000 and $18,500 resistance levels against the US Dollar.The price traded as high as $19,454 and it settled nicely above the 55 SMA (H4).There is a major bullish trend line forming with support near $18,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is currently correcting gains, but dips are likely to be limited below $18,400.Bitcoin price is trading in a nice uptrend above $18,500 against the US Dollar....
Read More »Mike McGlone: Bitcoin Likely to Hit $170,000 In Two Years
Bloomberg’s Mike McGlone has emerged to mention that the price of bitcoin could potentially reach $170,000 come 2022.McGlone Is Always There When Bitcoin SpikesMcGlone is a leading expert when it comes to bitcoin and the price trends its follows. He commented in a recent interview that over the past year, bitcoin has followed a specific pattern of adding a zero to its price following every 12 months. For example, he comments that bitcoin ended 2019 in the $7,000 range. Now, it is trading for...
Read More »Rick Rieder: Millennials Are The Reason for BTC’s Recent Growth
As of late, everyone appears rather bullish on bitcoin considering the asset just rose past $18,500 – the highest it’s been in roughly three years. While everyone is positive that the currency is likely to keep on shooting up, many people have different reasons for believing this, and for BlackRock’s CIO of fixed income Rick Rieder, the reason is millennials.Millennials Are Why Bitcoin Is Doing so WellMillennials are members of a younger generation that allegedly spent their teen years, or...
Read More »Could the Bitcoin Market Cap Reach $1 Trillion? Some Analysts Think So
No doubt bitcoin has had a rather solid year thus far, but it looks like things may be on the verge of exploding even further. The currency has doubled its price in the last six months and has recently surpassed its market capitalization from 2017.Bitcoin Is Surging Like Never BeforeMany analysts believe the asset could be on the verge of reaching a $1 trillion value. One of these figures is Bloomberg Intelligence senior commodity strategist Mike McGlone, who in an interview said:$20,000...
Read More »XRP Price Analysis: Ripple Surges Another 25% Daily But Are Bulls Overextended?
XRP/USD – XRP Rampage Continues As Bulls Target $1Key Support Levels: $0.65, $0.6, $0.55Key Resistance Levels: $0.718, $0.75, $0.8, $0.85, $0.89.The unprecedented XRP rampage continued today with another 25.8% price surge allowing XRP to hit $0.69 at the time of writing. The cryptocurrency had actually pushed as high as $0.84 during today’s trading session but has since dropped lower.This price explosion took everybody by surprise this week when XRP started to climb above $0.3. From there,...
Read More »CryptoLocally Becomes the World’s First Fully Decentralized P2P Exchange
[PRESS RELEASE – Please See Disclaimer]CryptoLocally has recently announced the launch of GIVernance, making them the first fully decentralized peer-to-peer exchange in the world. This is another first from CryptoLocally which earlier became the first P2P crypto marketplace with a DeFi feature with its Finance Wallet. GIVernance invites GIV token holders to lead CryptoLocally’s direction by integrating a governance model at its heart.Decentralized Governance Through GivernanceGIVernance is...
Read More »