Markets

Ripple is looking to expand its presence in Asia, forming a new partnership with Siam Commercial Bank. The latter will reportedly develop a new type of mobile application for faster and cheaper cross-border payments, which will run on Ripple.Ripple Partners With SCBRipple recently announced its newest partnership with Thailand’s oldest bank – Sian Commercial Bank (SCB). According to it, the latter will create an application running on Ripple, dubbed SCB Easy, which will be used for low-cost...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of the BTCThe BTC may grow in price due to the US vs. Iran conflictIn ten years, the profitability of the BTC has been many times higher than that of Gold and S&P 500.On D1, speaking about the long-term moods of the cryptocurrency, there has been a pullback to 50.0% Fibo related to the previous declining wave after a convergence on the MACD. Also, the correctional dynamics have let the market test the resistance area at 50.0%...

Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.Binance Futures Litecoin ContractAccording to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 787. Heute sprechen wir über folgende Themen: Hauptfaktoren für den Monero Aufschwung, Bitcoin Suisse bietet Kunden jetzt Dash Staking auch ohne Masternode & Bitcoin Kalendar 2020 1.) Monero ist in der letzten Woche um 30% gestiegen, was sind die Hauptfaktoren für diesen Aufschwung?https://coincierge.de/2020/monero-ist-in-der-letzten-woche-um-30-gestiegen-was-sind-die-hauptfaktoren-fuer-diesen-aufschwung/...

Following the first mini-rally of 2020, Bitcoin had quickly reached our mentioned target of $8400 before getting rejected.From there, the cryptocurrency saw a steep drop towards the 38.2% Fibonacci level (~$7850) of the last spike. As of writing these lines, Bitcoin is trading around $7900 – $8000 for the past hours, preparing for its next move.The turning point of Bitcoin is not a coincidence. It happened just as the uncertainty around Iran’s revenge had disappeared, as President Trump was...

EOS price surged above the $2.700 and $2.850 resistance levels against the US Dollar.The price is currently correcting lower from the $2.976 swing high.There is a key contracting triangle forming with support near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $2.600 support area.EOS price is correcting gains from the $3.000 hurdle against the US Dollar, just like bitcoin. However, the bulls are likely to...

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Litecoin price rallied above the $44.00 and $46.20 resistance levels against the US Dollar.LTC price is currently correcting lower and it traded below the $46.20 level.There was a break below a key bullish trend line with support near $45.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $44.00 support area.Litecoin price is correcting gains from the $48.62 high against the US Dollar, similar to bitcoin. LTC...

Tesla can definitely say that it began this year with a record being the highest U.S. automaker in history. The company’s recent stock rally pushed its market value to approximately $85 billion. Just on Tuesday’s close, it surpassed the $80.8 billion, the record previously set by Ford back in 1999.However, just for comparison, Ford had a market value of only $37 billion at the end of trading on the same day.Tesla’s shares continued to climb and traded up more than 4% on Wednesday and at the...

We’ve been making quite the stir about bitcoin lately, but the world’s second largest cryptocurrency by market cap – Ethereum (ETH) – has done rather well for itself, too.Ethereum Is Number Two… And GainingWhile ETH is nowhere near the price of bitcoin (and probably never will be), it’s easy to focus all of one’s attention of the globe’s primary digital asset while pushing all others to the side. At the time of writing, Ethereum is up to roughly $143 – a price spike of nearly four percent...