Markets

Recent reports currently suggest that one of the world’s largest cryptocurrency exchanges, Binance, has had its Shanghai office shutdown causing its many staff members to either work remotely or even completely abandon China and move to Singapore. According to sources familiar with the matter as cited by The Block, there is currently no fully functioning Binance Shanghai anymore.The cited sources have also added that the office was recently raided by police in the area, for unknown reasons....

XRP decreased by about 3.57% over the past 24 hours and it currently trades at $0.243. The cryptocurrency is down by more than 15% over the past couple of weeks as it lost the support at $0.2584.XRP remains the third-largest cryptocurrency with a market cap of $10.70 billion.Looking at the XRP/USD 1-Day Chart:Since our last analysis, XRP fell below the support at $0.2584, $0.250 to reach the current trading level of $0.244.From above: The nearest level of resistance lies at $0.2518. Above...

A research report published by cryptocurrency firm Coinshares shows millennials’ increasing lack of trust in fiat currencies.A number of countries witnessed massive inflation in 2018, further hurting confidence in fiat.Google search for terms “bitcoin” and “cryptocurrency” increased at the same time and coincided with a surge in market cap cryptocurrencies.Last week, British cryptocurrency research firm Coinshares published its ‘Crypto Trends Report’. Their research, coupled with the report...

Volatility is back in the cryptocurrency market but unfortunately, this time, the prices went south. Bitcoin lost almost $800 in today’s trading session, dragging the entire market down with it. BTC’s dominance, however, remains untouched, meaning that altcoins are still unable to capitalize on the sudden drop.Bitcoin Plunges $800 In HoursBitcoin’s price took a beating today. The cryptocurrency dropped from a daily high $8,110 on BitMEX down to $7,350, marking a steep decrease of more than...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe Bitcoin miners become fewerThe BTC cannot replace the dollar — LaneOn W1, the Bitcoin is developing another impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth, balancing the price. It might be that we will not see any new impulse of growth until the minimum is renewed. The bearish behavior of the price is aimed at 61.8% ($7230.00) and 76.0% (5700.00)...

As previously reported by CoinSpeaker, China’s Bitcoin mining giant Canaan Creative conducted its IPO with its shares going public on the Nasdaq platform on Wednesday, November 20.Well, things have certainly not gone the way Canaan thought and it looks like the decision to go public was all done in haste. In its filing to the United States Securities and Exchange Commission (SEC) Canaan marketed its shares for $9 to $11, as per the Bloomberg report.Previously, Canaan planned to raise around...

Coinspeaker Larger Bearish Sentiment Sees Bitcoin Tumbling to a Lower Handle Despite the fact that the crypto community has a number of good news, Bitcoin price is still moving down. Larger Bearish Sentiment Sees Bitcoin Tumbling to a Lower Handle Continue reading at Coinspeaker

Coinspeaker Mercedes-Benz Unveils $67,900 Pricing for Forthcoming All-Electric SUV EQC 400 4MATIC About a year after Mercedes announced its EQC all-electric vehicle, the company has now placed a price tag on the car. Mercedes-Benz Unveils $67,900 Pricing for Forthcoming All-Electric SUV EQC 400 4MATIC Continue reading at Coinspeaker

What happened? The initial connection between Cloudflare's network and the origin web server timed out. As a result, the web page can not be displayed. What can I do? If you're a visitor of this website: Please try again in a few minutes. If you're the owner of this website: Contact your hosting provider letting them know your web server is not completing requests. An...

It’s safe to say that the cryptocurrency market has seen better days. In just a few days, it lost around $20 billion of its total capitalization and it currently stands at $218 billion – a decrease of more than 8%.All of the top 20 cryptocurrencies are trading in the red with absolutely no exception. Regardless of whether it’s against the USD or against Bitcoin, altcoins are bleeding. TRON (TRX) has lost the most over the past 24 hours as it’s down by 6.63%, followed by Binance Coin (BNB)...