EOS price struggled to surpass the $3.660 and $3.680 resistance levels against the US Dollar.The price is currently declining and it is facing resistance near the $3.500 area.There was a break below a connecting bullish trend line with support near $3.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to correct lower below the $3.400 and $3.320 support levels.EOS price is currently correcting gains against the US Dollar, while bitcoin is declining....
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $60
Litecoin price failed to surpass the $65.00 resistance area and declined recently against the US Dollar.LTC price is currently trading well below the $62.50 and $62.00 support levels.There was a break below a major bullish trend line with support near $61.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $58.80 and $57.50 support levels.Litecoin price is facing an increase in selling pressure against the US Dollar and...
Read More »Fair Prices for BTC Buys from Online Exchange Provider Switchere
The crypto market is oversaturated with propositions to buy crypto online, right here and right now. However, very few service providers can guarantee fair conditions and timely order delivery. But that is not the case with Switchere, a licensed and certified fiat-to-crypto exchange service provider. Switchere offers all platform user simple and transparent user workflow and it is worth mentioning that first crypto buys can be done with no signup or verification on the website. The whole...
Read More »The Cryptocurrency Market Suffers from Shockingly Low Levels of Liquidity
CoinMarketCap’s new metric shows low levels of liquidity in the crypto market. A renowned analyst explains that less than 1% of all cryptos are liquid. Prominent figures in the industry agree that 99% of all cryptos will not prevail. CoinMarketCap, the leading cryptocurrency data tracking services platform, recently rolled out a new metric, dubbed Liquidity. Its primary purpose is to provide the “real trading activity” of most of the cryptocurrencies and crypto exchanges in the industry. An...
Read More »Royal Bank of Canada to Open New Crypto Platform
The Royal Bank of Canada (RBC) is creating a new cryptocurrency platform.Cryptocurrency Trading By Way of Canada, Eh…The institution is not necessarily joining the ranks of countries like the United States and China, which are setting their sights on national digital currencies designed to track user performance. This is not a centralized platform, but one similar with everyday crypto exchanges like Coinbase and Binance. The platform being offered by the bank will provide traders with access...
Read More »Crypto Price Analysis November 13: BTC, ETH, EOS, LTC, TRX
Photo: QuoteInspectorDmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.To confirm the development of the uptrend, the bulls must secure above $9800. Meanwhile, the current levels look like good support, from where the quotations are expected to bounce upwards. The EOS and TRX are ready to resume their growth quite soon. What is more, on D1 of...
Read More »Eterbase Announces Exchange Market Structure Shift to EURBASE
Eterbase — the leading EU-compliant cryptocurrency exchange — recently reported achieving the milestone of over $1 million in trading volume per day after transitioning the base trading pair on its exchange from its native XBASE exchange token to its anti-inflationary stablecoin, EURBASE. The shift has accompanied a 10X increase in trading volume on the exchange over the last 8 weeks. “All current assets of the exchange will be listed under EBASE markets,” detailed the Eterbase Medium blog...
Read More »Paxos Launches Fiat Gateway with Binance as the First Client
Photo: ShutterstockOn November 12, 2019, Paxos debuted its Fiat Gateway and have announced that Binance will be its first client in this regard. Its Fiat Gateway means that customers can swap out U.S. dollars for stablecoins on a one-to-one basis and this is one of the first of its kind within the cryptocurrency industry.While this unique service is seeing more widespread attention since its association with Binance, it has actually been available to Paxos users since May 2019 and according...
Read More »Bakkt Will Offer Cash-Settled Bitcoin Futures to Singapore Before 2020
ICE Clear Singapore will be offering a new type of Bitcoin futures. Those are cash-settled ones, thus will also be available via ICE Futures. Venture funds from across Earth show their intent to work together with ICE‘s Bakkt too. Bakkt COO Adam White says that the new product is under discussion with the Monetary Authority of Singapore (MАS).When Bakkt first appeared on the horizon in 2018, it took almost a year to build their first product: physically-settled monthly Bitcoin futures. Their...
Read More »Dell Launches a Subscription Model to Rival Amazon and Microsoft
The latest reports reveal that Dell Technologies Inc plans to offer its business clients more flexible and on-demand buying options for various products. Some of the products featured in the new plan include personal computers and servers. This move is believed to aim at countering the lure of cloud services offered by Microsoft Corporation and Amazon.com Inc.Customers can now use Dell’s hardware on their consumption. They can use it as a service or via a subscription called the Round Rock, a...
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Ethereum (ETH)
