Markets

BNB is under a bearish threat with a double-top pattern.Surrounding fundamentals could keep buyers alive for the next rally.Despite bearish signs, BNB remains bullish on a short-term trend.Following a recent tweet by Changpeng Zhao @CZ_Binance: a new token sale of WazirX (WRX) was announced to take place on the Binance launchpad next month – the first IEO in 2020. BNB/USD: The Rejection at $18.5 Could Cause Severe Drop For BNBKey Support Levels: $16.4, $15.5Key Resistance Levels: $18.5,...

While the industry is still abuzz over Bitcoin’s surge toward new yearly highs during last week’s rally, the world has also caught wind of some exciting news about the world’s 15th largest cryptocurrency based on market cap: Ethereum Classic.As of today, January 22nd, 2020, Grayscale’s Ethereum Classic Trust has announced its financial commitment to fund further development of the Ethereum Classic blockchain over the course of the next two years. According to a leaked private message from the...

In October 2019,  blockchain payment company BitPay announced the support for XRP.  XRP now is the world’s third-largest cryptocurrency by market capitalization. At the time of writing, its market capitalization was $10,295,012,141 and the XRP price was $0.2361 growing by 0.84%.When talking about BitPay, XRP has been integrated on the company’s platform via Ripple’s open developer platform Xpring. As per the company’s explanation, Xpring is an “initiative by Ripple that will invest in,...

After an incredible week of bullish growth, when Bitcoin price adjusted from $7,700 to $9,200, consolidation began as traders are preparing for a new attack for $9,200. Recovery, not unique to Bitcoin, has significantly raised most altcoins.Bitcoin fell beneath $8,700 after a brief shift to $8,791 in the early Asian hours. The first digital coin remained mostly unchanged both daily and from the beginning of Wednesday, as the market entered a limited-range phase after sharp movements at the...

Dmitriy 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.Digital asset prices are still making buyers happy. As we can see, bulls continue putting pressure. Even if assets fail to break their respective resistance levels in the short-term, the correction will provide an opportunity to enter the market at lower prices.Bitcoin chart shows another reversal...

Golem and Komodo lead the market cap top hundred with 42% and 32.5% gains respectively. Small-caps fared well on Wednesday, with five of market’s eleven top gainers coming from below 90th place. Alt-season impending? Too soon to say. Small-cap altcoins are on the charge, as Komodo (KMD) and Golem (GNT) exceeded 30% growth leading into the morning. Five out of the eleven top gainers in the market cap top hundred were ranked below 90th place on Wednesday. But are Komodo...

Apple Inc. is already working on a new and cheaper iPhone. The new iPhone will enter its production stage sometime in February, according to a Bloomberg report. If all goes well, it will be released before the end of the first quarter of 2020.Features of the New iPhoneCiting people familiar with Apple’s plan, Bloomberg has revealed a few features for Apple’s forthcoming offering. The report says that the phone will resemble the iPhone 8 which was released back in 2017. It will also come with...

Ripple Labs is currently involved in a serious legal battle, as we have already reported. However, it doesn’t prevent the company from being rather positive about its future. And there are some grounds for it.The World Economic Forum 2020 kicked-off yesterday, January 21, in Davos, Switzerland. As expected, global leaders met during the first day of the event with the U.S. Treasury Secretary Steven Mnuchin speaking on the transformation of the payments industry.Muchin said that the U.S....

After last week’s surge to nearly $9,200 and the following retracement, Bitcoin has been trading mostly in a range between $8,500 and $8,750. Yesterday, it noted a quick dip to $8,480 on Bitstamp and immediately surged back to over $8,700, which is where it currently stands.If Bitcoin’s bullish 2020 price movements are to continue, it has to break the first major resistance level of $8,730, which is also the 38.2% Fib level. If successful, $8,900 will follow, which is the Golden Fib of...

In the past years, the financial market was controlled by stocks, bonds, shares, and other valuable assets. Nowadays, the cryptocurrency market is gaining popularity in the entire financial community. Cryptocurrencies like Ripple have been launched to effect a significant change in how the industry works. Because of its volatility or price movement, many market players are interested in the level of profits they can obtain from their crypto investments.However, you must understand that crypto...