Markets

XRP suffered a rough week as its price declined by 12%. The cryptocurrency attempts to recover, and it marked an increase of 1.69% over the past 24 hours to reach the current price of $0.2220The cryptocurrency has been trapped within a wide range between 3324 SAT and 3000 SAT against BTC in November 2019.XRP may be able to go higher as the technical indicators start to flatten out in oversold conditions.Key Support & Resistance LevelsXRP/USDSupport:  $0.215, $0.200, $0.185 Resistance:...

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...

The past week has been anything but positive for the cryptographic industry. Ethereum, the second-largest market capitalization cryptographic asset, also recorded an 8% dump, marking a downward period for the market. Incidentally, the market fell just after the People’s Bank of China revealed that the central bank would close all local encryption centers.Speaking of Ethereum, despite the drop, ETH’s fees have increased by 21.6% over the past week. As observed in the main markets, the increase...

Place/Date: Bristol, United Kingdom - November 27th, 2019 at 4:56 pm UTC · 3 min read Contact: Saga, Source: Saga Monetary Technologies Limited Photo: Saga / FacebookSaga Monetary Technologies (Saga) is delighted to announce that its Saga token (SGA) will launch on Tuesday 10 December 2019. In advance of this, its full onboarding process is now open online. Compliant with the ERC-20 token standard and addressing key concerns regarding volatility, governance and regulatory compliance,...

SummaryTRON saw a 6% price increase over the past 24 hours. The cryptocurrency is close to entering the top 10 projects by market cap, as it’s currently occupying the 11th spot. The cryptocurrency is looking promising against BTC as it attempts to break October highs.TRX is poised for a leg up as the technical indicators suggest bearish pressure is fading.Key Support & Resistance LevelsTRX/USDSupport: $0.0136, $0.0125, $0.0118,.Resistance: $0.01580, $0.018, $0.020.TRX/BTC:Support: 200...

Over the past two days, the volatility surrounding the price of Bitcoin had calmed down a bit.Despite a little glitch to the downside, Bitcoin (BTC) is trading between $7000 and $7400 over the past 48 hours.The good news could be the formation of an inverse head and shoulders pattern, that if played out, can grant Bitcoin a decent short-term target around $8300.The pattern can be clearly seen on the following 4-hour chart, and it will play out in the case of a breakout of the $7400 neckline...

Various factors are known to limit the public adoption of cryptocurrency especially Bitcoin. For now, one cannot spend Bitcoin the same way they would spend fiat currencies. Sometimes converting crypto into fiat can be quite a challenge. Custodianship of crypto assets and wallet security are the other concerns for the average investors.Also, wallet and key security together with the undeveloped crypto ecosystem and economic precedent discourage institutional investors from joining the nascent...

On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...

Earlier today, news of a possible hack on one of South Korea’s biggest cryptocurrency exchange platforms Upbit made the rounds. Reports had it that the exchange’s customers were confused because they noticed quite a few irregularities with their accounts including the inability to transfer funds. In a recent publication, Upbit has now confirmed that a large and unauthorized amount of funds was moved to an unknown wallet.It’s also worth mentioning that this news has negatively influenced the...

After a first, well. we could gently say – shock, Tesla’s Cybertruck doesn’t stop being controversial in any sense. This week is obviously reserved for Musk & Co. boasting around Twitter of how great and wonderful their new vehicle is (except the window glass but that will be repaired – Elon promised). And it’s worth mentioning that Tesla stock reacts positively (but slightly) to all this noise around the company.The distinctive Tesla’s CEO Elon Musk said how the company’s forthcoming...