Markets

Ripple price started an upside correction from the $0.1750 swing low against the US dollar.The price is trading above the $0.1900 level, but facing many hurdles near $0.2000There is a major bearish trend line forming with resistance near $0.2050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A clear break above $0.2000 and $0.2050 is needed for upside acceleration.Ripple price is trading below key hurdles near $0.2000 against the US Dollar. XRP price could either rally...

The cryptocurrency community is usually divided into three major camps when it comes down to potential ways to earn money.The first is inhabited by traders, believing that the best way to make profits is to take advantage of the volatility in the market by trading.The second comes in the form of long-term investors, also known as Hodlers. They believe in a cryptocurrency’s (usually Bitcoin’s) value and that it will increase notably over the years, so they don’t trade it – just hold it.The...

XRP rebounded at the $0.18 support this week but failed to climb above the resistance at $0.20.Against BTC, it is still on the bearish footing as the momentum lies with the sellers.The cryptocurrency remains the 3rd largest project with a total market cap value of $8.40 billion.Key Support & Resistance LevelsXRP/USDSupport:  $0.181, $0.17, $0.167. Resistance: $0.19, $0.20, $0.212.XRP/BTC:Support: 2600 SAT, 2530 SAT, 2455 SAT.Resistance: 2750 SAT, 2900 SAT, 3000 SAT.XRP/USD: Bounces From...

The United States Securities and Exchange Commission (SEC) has decided to postpone the Wilshire Phoenix’s Bitcoin ETF proposal. According to a document released by the commission, they will continue putting the proposal under review. By February 26th, 2020, the SEC will approve or disapprove the rule changes that will determine the status of the ETF. This decision essentially puts in limbo the status of the ETF. It also indicates the cold feet that the SEC has towards new Bitcoin and other...

Bitcoin doesn’t like to stay so long at one spot. The more it does remain, the sharper the next move will be.Let’s start from the macro-level: the last Wednesday saw Bitcoin’s huge price move of about a $1000 gain in just 12 hours – surging from below $6500 straight into the $7400 resistance (the marked MA-100 on the 4-hour chart).A price drop followed this major move down to $7000, and then a stabilization inside a tight range, like Bitcoin was used to do in the past month.This time the...

Seit der Ankündigung, dass eine weitere grosse Bitcoin-Börse auf das TRON Staking setzen wird, stieg der Kurs der TRX Token sprunghaft an. Ist Stakting das neue Mining? Wer bei der einen oder anderen Börse einen verifizierten Account hat, kann nun von dem Staking Boom profitieren. Binance hatte schon vor 2 Monaten angekündigt, dass neu Staking as a Service mit TRX Token angeboten wird. Und diese Woche...

Seit der Ankündigung, dass eine weitere grosse Bitcoin-Börse auf das TRON Staking setzen wird, stieg der Kurs der TRX Token sprunghaft an. Ist Stakting das neue Mining? Wer bei der einen oder anderen Börse einen verifizierten Account hat, kann nun von dem Staking Boom profitieren. Binance hatte schon vor 2 Monaten angekündigt, dass neu Staking as a Service mit TRX Token angeboten wird. Und diese Woche...

The news recently got a splash because of the Twitter user reporting transaction censorship. Binance Singapore froze his money because he was sending them to a Wasabi Wallet.CZ Answers on Espionage Allegations by Twitter CrowdsChangpeng pointed out that there are lots of comments on Twitter under the post about a frozen payment. It shows that people still do not understand how the exchange regulation works, while its a broad topic. In terms of AML procedures, the exchange is obliged to...

Well, here’s a bit of good news for us all to enjoy. It looks like maybe bitcoin isn’t doomed to end on such a low note after all.Bitcoin Is Showing Promise Once AgainYes, the currency is nowhere near its peak price of $13,600 which occurred over the summer, but we can all take comfort in the fact that perhaps the number one cryptocurrency by market cap isn’t going to end 2019 below $7,000.After several days of traversing the $6,000 range, it appears the currency is walking a path of...

Binance continued its growth this year by completing a strategic investment in the cryptocurrency derivatives exchange FTX. By working together and delivering mutually beneficial products, the community wonders if both companies can actually be disrupting the dominance established by other exchanges on the futures market.Binance Invests In FTXThe largest cryptocurrency exchange by volume, Binance, announced yesterday its strategic investment in the crypto derivatives exchange FTX. Both...