Cryptocurrency markets have been losing ground in recent weeks due to the lack of a positive catalyst. And Ethereum is also under this trend.While most other cryptocurrencies are struggling to maintain their support levels, the ETHUSD pair has not given up much ground. Therefore, during the next upward movement, it is likely that the pair is leading the rally. Therefore, we do not recommend participants to close their long positions yet. They may add a stop loss on the price level at $...
Read More »Kraken Exchange Released Mobile Trading App for Kraken Futures
Kraken, one of the world’s leading crypto exchanges based in San Francisco, has introduced a mobile version of its Kraken Futures trading app.Futures Trading in the palm of your hand. Hot on the heels of our Kraken Pro app, The new Kraken Futures mobile app is now live! https://t.co/MpG0ToYlgO— Kraken Exchange (@krakenfx) November 21, 2019Kraken Futures is a professional platform for trading derivatives on digital assets. Regulated by the Financial Conduct Authority, Kraken Futures allows...
Read More »As Bitcoin, Ethereum, XRP and Litecoin Slump, Chainlink Soars
While major cryptocurrencies such as Bitcoin, Ethereum, XRP, and Litecoin have seen significant drops in value and have taken most of the press attention, one smaller token Chainlink has actually doubled in value in recent times.The cryptocurrency market saw its highest recorded values for the year in the month of June 2019 but since then, has struggled to maintain this momentum. Following reports of Binance’s Shanghai office being closed down by the authorities which were later debunked, the...
Read More »FOX: Shapeshift mit neuem Token
Bitcoin-Börse ShapeShift bringt Token FOX heraus ShapeShift hat einen neuen Treue-Token namens FOX herausgebracht. Die Schweizer Krypto-Börse bietet mit diesem nun einen gebührenfreien Handel an. Erik Voorhees, Gründer und Chairman von ShapeShift, gab dies in einem Twitter-Post vom 20. November bekannt. In diesem erläuterte er, dass der Handel über die Plattform durch den neuen FOX-Token in gebührenfreier Form ermöglicht wird. FOX-Token...
Read More »DappRadar Discovers $3.8 Billion Worth of Hidden Activity on Ethereum
Market analytics site DappRadar made a big disclosure earlier this week on Tuesday, November 19. DappRadar, which ranks and tracks decentralized apps recently discover $3.8 billion worth “hidden activity” on the Ethereum blockchain network.Besides this, DappRadar also uncovered $73 million trading volumes in the last seven days, within Ethereum Dapps. Thus, after this finding, the Ethereum Dapps volume has reportedly surged from $27 million to above $100 million. Surprisingly, this finding...
Read More »Ethereum: Mehr als eine halbe Milliarde US-Dollar sind aktuell in dApps investiert
Treibt Microsofts Ethereum-Plattform bald die ETH-Preise in die Höhe? Dezentrale Finanzdienstleistungen befinden sich nach wie vor auf dem Vormarsch. Das Gesamtvolumen der Krypto-Währungen, die als Sicherheit hinterlegt werden, beträgt aktuell etwa 670 Millionen USD. Der Begriff der dezentralen Finanzierung wird dabei durch „DeFi“ abgekürzt. Generell meint die Bezeichnung...
Read More »Monetary Authority of Singapore Considering Bitcoin and Ethereum Derivatives Trading
According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to...
Read More »EOS Price Analysis: Sell On Rallies Towards $3.250
EOS price is back in a bearish zone below the $3.300 support area against the US Dollar.The price is currently trading above the $3.000 support area and struggling to correct higher.There is a key contracting triangle forming with resistance near $3.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $3.000 support area.EOS price is facing an increase in selling against the US Dollar, similar to bitcoin. The price is...
Read More »Litecoin (LTC) Price Analysis: Primed To Test $50 Before Higher
Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...
Read More »Why Is the Bitcoin Price Still Suffering?
Bitcoin’s gains are short lived, and the world’s number one cryptocurrency is now trading where it was during late September when Bakkt initially failed to make a solid impression on crypto traders.Bitcoin and Its Comrades Are SufferingAs it would seems, positive blockchain comments from Chinese president Xi Jinping and Bakkt ultimately picking up and attracting several bitcoin futures contracts trades weren’t enough to keep bitcoin where it was. The $9,000 proved difficult for the currency...
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