Markets

The leading cryptocurrency exchange Binance has expanded its partnership with the blockchain-based provider of sports and entertainment entities, Chiliz. The first direct result of this will be the distribution of Juventus and PSG Fan Tokens through Binance Launchpool.Binance Doubles-Down On ChilizThe Malta-based giant trading venue announced the new endeavor in a press release shared with CryptoPotato. According to it, as an early investor in Chiliz, the company has decided to allocate...

XRP/USD: Sellers Remains In ChargeKey Resistance Levels: $0.59, $0.7 $0.78Key Support Levels: $0.5, $0.4, $0.33Despite the recent recovery in Bitcoin above $19,000, XRP continued to show weakness as it failed to reclaim the $0.5 support. As of now, it is trading around $0.495 with a daily 5% decrease.The trend is still looking bearish in the short-term following a series of rejections at the descending resistance forming since November. Both the 4-hours RSI and MACD indicators confirm that...

Orion aggregates liquidity, order books, and trading pairs of every major CEX, DEX, and swap pool into one non-custodial, chain-agnostic, and decentralized platform, with the flexibility to facilitate seamless cross-chain trading that goes beyond just Ethereum. Orion Terminal, the decentralized gateway to the first hybrid cryptocurrency exchange aggregator, Orion Protocol, is set to launch Phase One of its mainnet on December 15. The platform will provide a singular, non-custodial portal to...

This year has been a busy one for the Australian crypto service provider Banxa and there are even more events ahead.Banxa, an Australia-based crypto service provider, is to be listed on TSX Venture Exchange, a Toronto stock exchange, with a market cap just shy of $50 million. Reports from Australian Financial Review’s Street talk stated that Banxa was given the green light earlier this month by local regulators and its shares are now expected to launch for trading on December 25.Banxa’s...

Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.After a strong correction last week, Bitcoin (BTC) reclaimed the price of $19,000 over the past weekend. At press time, Bitcoin (BTC) is trading at a price of $19,126 with a market cap of $355 billion. Market analysts are saying that the recent Bitcoin price movement fuels the sentiment of a bull market....

Relief Therapeutics has recorded a 38,300% gain in its year-to-date record. The stock is currently trading at 0.375 Swiss francs.The share price of Swiss biotech firm Relief Therapeutics Holding SA (SWX: RLF) has climbed 38,000 % in 2020. The spike in the firm’s share price can be tied to its effort to develop a COVID treatment. Specifically, the Swiss biotech firm has been focusing on a drug that may treat respiratory failure caused by the coronavirus. According to a CNBC report, Relief...

Jim Cramer, the host of the financial TV show Mad Money, has recently increased his bitcoin position by buying “nicely from the top.” He also advised investors who want to enter the BTC market to do it with caution and be aware of the asset’s notorious volatility.Cramer Doubles-down on BitcoinThe popular TV host changed his mind on bitcoin earlier this year, as he admitted on Anthony Pompliano’s podcast. He asserted that the actions undertaken by the US Federal Reserve during the COVID-19...

Stellar lumen price started a fresh increase from the $0.1500 support zone against the US Dollar.XLM price broke the $0.1650 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1640 on the 4-hours chart (data feed via Kraken).The pair could continue to rise if there is a clear break above the $0.1800 resistance zone.Stellar lumen price started a fresh increase above $0.1650 against the US Dollar, similar to...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

The American multinational investment bank, JPMorgan Chase & Co, believes that bitcoin has grasped the attention of institutional investors, and further purchases will follow. The giant bank highlighted the recent $100 million BTC buy from the insurance company MassMutual as a significant turning point.JPM: Institutions Are Yet To Double-Down On BTCThe global events that transpired following the COVID-19 outbreak rattled world economies. Whether this is the primary reason, or perhaps...