Markets

Ripple price is declining and it is trading below the $0.2200 pivot area against the US dollar.The price is likely to continue lower towards the $0.2100 and $0.2050 support levels.There is a key bearish trend line forming with resistance near $0.2180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below the $0.2100 support area could accelerate decline towards $0.2020.Ripple price is facing an increase in selling pressure below $0.2200 against the US...

Analysts say that the presence of whales is about to get a lot stronger considering the bitcoin price is slated to rise heavily in the coming years.We’re Continuing to Feel the Influence of WhalesWhales are a big problem in the crypto space in that they can heavily influence bitcoin’s behavior and increase its volatility. Whales are individuals who carry a lot of crypto in single accounts. Whenever they move this money, they tend to move much of what they own from one wallet to another. This...

TL;DRTezos price continued to increase by a further 10% the past week, XTZ trades for $1.72.The cryptocurrency is facing crucial resistance at 0.00025 BTC.Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap.Tezos (XTZ) Key Support & Resistance LevelsXTZ/USDSupport:  $1.64, $1.54, $1.42.Resistance: $1.74, $1.85, $1.99 – $2.XTZ/BTC:Support: 0.0002275 BTC, 0.00021 BTC, 0.00020 BTC.Resistance:  0.00025 BTC, 0.0002624 BTC, 0.0002716 BTC.Tezos rose...

CEO of Binance, Changpeng Zhao (CZ), was the beneficiary of three identically phrased - and mispelled - Twitter posts. Are bad bots at work? Identical spelling mistakes reveal use of fake accounts to boost Twitter profile of Binance, and its CEO, Changpeng Zhao. Three separate accounts used identical phraseology when prasing the Binance cryptocurrency exchange. Twitter has attempted- and failed – to crack down on bot accounts in the past. The founder and CEO of Binance was exposed in an...

It’s been a wild couple of years when it comes to Bitcoin’s price. There’s no denying that. Interestingly enough, though, December seems to be an essential month for Bitcoin. Back in December 2017, the cryptocurrency hit its all-time high of around $20,000. Precisely on this day a year ago, in December 2018, the market had tumbled, and bitcoin reached its lowest yearly point at $3,122.Bitcoin Price At $3,122 On December 15th, 2018It’s safe to say that Bitcoin’s price has had its fair share of...

According to Jared Tate, the DigiByte founder, the TRON project is “the biggest scam in crypto history”. Jared wants to warn the public that it was developed and promoted by the Chinese government. If the U.S. will allow operations of 18 “bad” cryptocurrencies like TRON on Binance.US, then an “unprecedented loss of faith in lawmakers” will occur. Jared is sure that the coin’s purpose is to “dupe unknowing American citizens”. The ICO financial trap already did that, but apparently, Jared feels...

After trading in a tight range between $7,300 and $7,150 for several days, Bitcoin might be on the move again, heading south this time. The price of the largest cryptocurrency dropped to $6,994 on the largest margin trading exchange, BitMEX. Bitcoin managed to recover slightly and is currently trading at around $7,050.Cryptopotato reported today that BTC could be facing a potentially huge move shortly, according to the Bollinger Bands. Dropping below $7,000 could bring the question if there’s...

The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then.To Sell 70,000 ETH At The TopVitalik Buterin, the co-founder of Ethereum, recently appeared in an interview, and naturally, his blockchain project was the most discussed topic. Besides the upcoming updates from the...

The BTC consolidation continues: for the past four days, Bitcoin’s price range had been shrunk to $150 only. From above $7300, from below $7150. This is coming after almost two weeks, since December began, of nearly zero volatility.The only people who benefit from such a market are those who run crypto margin exchanges. However, they can’t be that happy since the trading volume is also declining.Following price consolidation, declining volume, and on top – Bollinger Bands, which are very...

According to the documents released by the New York Office of the Attorney General, the judgment day finally comes to the castle of Bitfinex and the tower of Tether. Both companies were cheating with financial laws. And the development of their case only shows that Bitfinex is having some major troubles.The U.S. Supreme Court has destroyed Bitfinex, now it is the time to start packaging the inner functionaries.While examining the document, we can see that the Attorney General wants to dig...