Markets

Tron price climbed higher above $0.0180 before starting a downside correction against the US Dollar.TRX price is currently trading below $0.0170 and it is trading near a crucial support area.There is a key bullish trend line forming with support near $0.0158 on the 4-hours chart (data feed via Bitfinex).The price could either breakdown below $0.0155 or it might start a fresh increase above $0.0165.TRON price is currently trading near important supports against the US Dollar and bitcoin. TRX...

Innovative and top tier German stock exchange Boerse Stuttgart is the second largest in terms of trading volume and number of deals and has introduced a digital asset exchange called BSDEX, which goes live today. Currently, the platform offers Bitcoin spot trading. The platform will be open to German residents this year and early next year the exchange will be open to the residents of the European Union. Immediately though only a few chosen traders are allowed to trade on the platform. Retail...

Over the past two days, we had seen Bitcoin slowly melting down, marking the $9600 support as its current daily low.Bakkt futures launch, as expected, was more like a “sell on the news event.” So far, the volume there is very minimal, also when compared to the CME launch day, back in December 2017. Despite that, the CME futures gained volume over time, and this could also be the case with Bakkt.As could be seen on the following daily chart, the bigger picture is still the same: a giant...

Ethereum price started a downside correction after trading as high as $225 against the US Dollar.ETH price is currently trading below the $210 support and is testing the $200 handle.There is a crucial bullish trend line forming with support near $198 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back as long as there is no daily close below $198 and $193.Ethereum price is closing in towards major support near $198 against the US Dollar. ETH price could bounce...

On Monday, September, Bakkt announced the commencement of the trading facility for its physically-settled Bitcoin Futures contracts. Bakkt‘s Bitcoin Futures contracts offer both, daily contracts and monthly contract settlement options. Besides, that Bakkt platform also provides Warehouse facility for storing the physically-delivered Bitcoin tokens upon contracts expiry.But despite much hype surrounding the launch of Bakkt Bitcoin Futures, the first day of trading was not very impactful. On...

Swiss stock exchange SIX announced that they have launched a pilot version of its exchange and central securities depository (CSD) for digital assets.This prototype platform, launched under SIX Digital Exchange (SDX) which is its digital assets branch, is expected to experience the even better performance as it will be proceeding towards a full launch slated for Q4 2020.According to Jos Dijsselhof, who is the head of SIX, the existing system could be completely replaced by the SDX within just...

WeWork is less than a decade old but is already enmeshed in more than its own fair share of troubles. The company which was founded back in 2010 has already had a large number of its most senior officials exiting. WeWork executives are very unhappy because of all the uncertainty about the company’s corporate governance methods, as well as all the obscurity about the company’s initial public offering (IPO) until it has been recently canceled.Furthermore, there is a lot of distrust and...

Today, Binance.US (BAM Trading Services) launched its American digital asset marketplace in partnership with Binance, the world’s largest cryptocurrency exchange by trading volume and global blockchain ecosystem. At launch, Binance.US lists seven digital assets: Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT), with deposits opened for an additional five assets: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and...

The world’s largest cryptocurrency exchange by trading volumes, Binance, will debut its trading operations in the United States from Tuesday, September 24. For this, Binance has launched a completely different American subsidiary Binance US following the country’s regulatory laws.Starting Tuesday, Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs. Moreover, Binance US plans to list seven cryptocurrencies immediately upon launch. These include...

The S&P 500 is the most widely used stock market index as it takes into account 500 of the largest stocks by market capitalization. This position atop other indexes has remained constant for a long time, probably because the index captures the big stocks without taking the specific sectors into consideration.Back in July, the S&P 500 hit its all-time high of about 3,025 and even though its currently not too far from that mark (at 2,992), Fundstrat’s co-founder and managing director,...