Stellar lumen price is trading in a bullish zone above the $0.0750 resistance level against the US Dollar.XLM price is likely to surge higher if it clears the $0.0800 and $0.0828 resistance levels.There is a major breakout pattern forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The pair could rise sharply unless it fails to stay above the $0.0750 support zone.Stellar lumen price is trading in an uptrend above $0.0750 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: XRP Trading Near Key Inflection Point
Ripple price is facing an uphill task near the $0.2050 resistance zone against the US dollar.The price must break the $0.2050 resistance zone and then $0.2125 to rise steadily.There is a key connecting bearish trend line forming with resistance near $0.2045 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could also start a major decline if it breaks the $0.1985 support zone.Ripple price is approaching the next key break against the US Dollar. XRP price could...
Read More »Crypto Derivatives Monthly Volume At New All-Time High: Binance Ahead of BitMEX
Cryptocurrency derivatives trading volume reached a new monthly all-time high in May 2020, surpassing the previous record recorded in March, recent research indicates. Volumes on regulated exchanges such as CME soared as well for both futures and options trading. Crypto Derivatives Monthly Volume ATH According to the report by CryptoCompare, the monthly trading volume of cryptocurrency derivatives surged by 30% in May. It hit a fresh all-time high of $602 billion, beating the previous record...
Read More »Coinbase Explains The Reason For The Outage When Bitcoin Surpassed $10,000 Last Week
The most widely used US-based cryptocurrency exchange Coinbase went down during Bitcoin’s latest surge above the $10,000 mark. After a few days of discontent from the community, the company recently published a statement claiming that the unusually high traffic prompted technical difficulties. Traffic Brings Down Coinbase As CryptoPotato reported recently, the US-based exchange went offline for nearly an hour when Bitcoin conquered the coveted $10k level. Unfortunately for Coinbase, this was...
Read More »Crypto Trading in Russia Has Exploded These Past Few Months
The coronavirus lockdown has caused many people to see bitcoin in a different way, including residents of Russia.Russia Seems to Love BTCThe country has had a very mixed relationship with cryptocurrency. Assets are often traded in secret as government officials have not taken to digital assets the way other nations have. The country has also long considered a ban on digital currency trading, believing it leads to criminal activity such as money laundering.Now that everyone is stuck at home...
Read More »The Affiliate Browser: Brave Makes Use Of Affiliate Codes When Visiting Sites Like Binance
The team behind the popular privacy-oriented Brave browser found itself in the middle of a tweetstorm after it became public that the browser autocompletes verbatim in its address bar to add an affiliate code from which the company generates income.The Affiliate BrowserA popular cryptocurrency commentator took it to Twitter to reveal that the Brave browser has been automatically completing certain domains to add a referral code.So when you are using the @brave browser and type in...
Read More »Bitcoin May Not See Much Action Over the Next Few Months
Anybody expecting a big surge in bitcoin will probably have to wait considerably longer, say many analysts.Bitcoin May Stay As It Is for a WhileAt the time of writing, the world’s number one digital currency by market cap has dropped to about $9,600, roughly $100 less than where it stood just 24 hours ago. The halving took place just under a month ago, and many saw the currency reaching new peaks a few weeks or even a few days after this was slated to occur.Sadly, this isn’t quite the case....
Read More »47% Would Leave Coinbase As It Offers Crypto Surveillance Tools to the US Government
Recently emerged public documents indicate that the largest US-based cryptocurrency exchange –Coinbase – plans to sell blockchain analytics software to two US government agencies.At the same time, a Twitter poll suggests that almost 50% of participants would delete their Coinbase accounts.Coinbase To Sell Analytic Software To Government Agencies?The public records link the popular cryptocurrency exchange with the Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS)....
Read More »Analysts: Bitcoin Really Needs to Hit $10K
The bitcoin price has stabilized somewhat over the past few days, but it looks like in many ways, the world’s number one digital asset by market cap is still enduring a struggle.Bitcoin Has to Reach the Five-Figure RangeThis seems to be the sentiment of most crypto analysts, who claim that $10K appears to be one of the biggest hurdles for the coin. The mark is proving to be a heavy resistance point for the currency, as the asset initially rose above this mark about 72 hours ago only to fall...
Read More »Bitcoin Rally bei 10.500 US-Dollar Marke
In den letzten 48 Stunden verhielt sich der Markt relativ ruhig. Die gesunkene Mining Difficulty des BTC hat den Kurs bisher offensichtlich nur gebremst, nicht aber in den Keller geschickt. Auf Twitter meldet sich nun ein Analyst, der allgemein für seine Prognose viel Rückenwind erhält.Bitcoin News: Bitcoin Rally bei 10.500 US-Dollar MarkeEs handelt sich dabei um @thrillmex, der unter anderem auch von Ex-Goldman Sachs Analyst Kelvin Koh unterstützt wird. Er veröffentlichte folgende Analyse...
Read More »