Markets

The surge of interest in China woke up the entire cryptocurrency market and boosted Bitcoin’s trading volume. Yet, Bitcoin maintains relative stability, and the market is waiting to see the direction in which it will take off towards the end of the year.The altcoin market also felt the surge, and it seems that a lot of them are strengthening their communities and surviving the harsh crypto winter. Moreover, we continue to see a lot of additional fundraising and, perhaps, the relatively small...

BitcoinOn the daily chart, Bitcoin’s price was maintained by the support in the range of the 200MA which is forming around $9100. It’s fragile and it could lose altitude down to the $8600 area. Resistance in this range is at around $9600 and it seems stable. However, it should be accounted for the fact that the market is in a volatile period and it’s not advisable to hold Stop-Loss orders these days.EthereumAgainst the USD, ETH failed to break the resistance at $190 and the price was...

Stellar saw a sharp increase of around 18% over the past 24 hours and it currently trades at $0.0811. This price increase comes after Stellar announced that they will be burning over half of their tokens. The Stellar foundation now controls around 30 billion XLM which is divided into a few buckets. 12 billion of it is in their direct development fund which is intended to support the organization.  Stellar is up by a total of 22.53% over the past 7 days and 28% over the past 30 days. Stellar...

Apart from the popularity of its ride-hailing services, Uber is also very well-known as a market player all over the world and especially in the finance sphere for its continuous and rising loss over the years. Recently the company announced a report for its just-ended 3rd quarter which surpassed estimates predicted by financial analysts. However, Uber’s stock (now it’s trading at approximately $31) still lost up to 5% as the company still announced that it had lost well more than $1...

Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative of offering straight forward legislation outlining how to conduct any business in the crypto space. But, the U.S. has dropped far much behind in that arena.Currently, there is no definite framework outlining running businesses and tax payments. Interestingly, there is not even any assurance by the government to...

Binance has now officially begun a survival of the fittest battle between two strongly emerging protocols in what is now the second round of the Community Coin Vote’s (CCV) new format. The Binance community is expected to vote between the ARPA protocol and the Carry protocol, two networks that have more than a few things in common.Voting DetailsThe process kicked off at 4:00 AM (UTC) today Nov. 5, and will run continuously for 24 hours, before closing on November 6, at 4:00 AM (UTC) as well....

Tron price corrected lower after trading towards the $0.0230 resistance against the US Dollar.TRX price is currently trading nicely above the $0.0188 and $0.0178 support levels.There is a key contracting triangle forming with resistance near $0.0202 on the 4-hours chart (data feed via Bitfinex).The price could continue to rise once it settles above the $0.0200 and $0.0208 resistance levels.TRON price is consolidating above key supports against the US Dollar and bitcoin. TRX price is likely to...

Over the past days, Bitcoin had been moving sideways between $9000 and $9500. This price range had been following the recent Bitcoin price action since for the past ten days, since the vast price surge on October 26.At the macro level, it seems like nothing is progressing, as Bitcoin still awaits its next major move.On the never-ending fight between the Bulls and the Bears, it seems like the bulls are in control. Probably, the most reliable sign is the 200-days moving average line (MA-200):...

Ethereum price is currently consolidating gains above the $180 support against the US Dollar.ETH price is facing hurdles near the $190 and $200 resistance levels.There is a breakout pattern forming with resistance near the $188 level on the 4-hours chart (data feed from Coinbase).The price is likely setting up for an upside break above the $190 and $200 levels in the near term.Ethereum price is trading above key supports near $180 against the US Dollar. ETH price could rally significantly if...

When it comes down to investing, Bitcoin and gold have been heavily compared. According to a new poll initiated by the former Congressman of Texas, however, Bitcoin is seriously preferred over Gold and other investment options.10-year Investment SurveyRon Paul, the former congressman from Texas, initiated a poll on Twitter asking people what they would invest in if a wealthy person gifted them $10,000. The voters can choose between 4 options – 10-year US Treasury Bond, Federal Reserve Notes,...