Markets

Justin Sun who is the founder and CEO of Tron (TRX) has dismissed rumors and allegations that he is behind the investment group that acquired the premier cryptocurrency exchange group Poloniex. He indicated this in a tweet on October 19th and categorically stated that he is “not buying anything”.I'm not buying anything. Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT. ?— Justin Sun...

Xiaomi, one of the world’s biggest smartphone producers, has just revealed through its CEO that it plans to take full advantage of 5G technology, and release more than 10 supported phones before the end of 2020. The Chinese phone giant has already released a few 5G phones this year and plans to do more.Per a Reuters report, the CEO Lei Jun, has also noted that 5G technology for the phone giant will not be restricted to its high end phones. The new group of products that will be launched with...

Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has been received from such a row of prominent investors including Peter Thiel, an American billionaire and co-founder of PayPal, Palantir Technologies and Founders Fund, and Shasta Ventures, an early-stage venture capital investment firm that invests in enterprise and technology consumer startups.According to Alexander Liegl, CEO of...

Stellar lumen price is struggling to gain momentum above the $0.0650 resistance against the US Dollar.XLM price is currently consolidating below the $0.0640 and $0.0650 resistance levels.There is a significant breakout pattern forming with support near $0.0622 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.0650 or it might start a downside correction to $0.0600.Stellar lumen price is facing an uphill task against the US Dollar and bitcoin. XLM price might dip...

Just as expected, Bitcoin had produced its move. Just as we said in our recent analysis: “Unlike the crypto community on twitter, suggesting Bitcoin to $6K, in my opinion, the direction isn’t clear yet.”Most of the traders lose money over time. Hence, they take the wrong decisions guessing the next direction of the market. This was another classic example, as Bitcoin price broke to the bullish side following reaching the end of the 4-hour short-term triangle’s pattern.Does it mean we will see...

Ripple price gained bullish momentum and rallied above the $0.2750 resistance against the US dollar.The price is currently consolidating gains above the $0.2800 and $0.2750 levels.There is a crucial bullish trend line forming with support near $0.2800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to continue higher above the $0.3000 and $0.3040 resistance levels.Ripple price is showing positive signs above the $0.2750 pivot against the US Dollar. XRP...

Ethereum saw a small 5% price decline over the past week and it currently trades at $173.03. The cryptocurrency continues to be supported at the $170 level but it seems that the bears are adamant to push Ethereum lower. Ethereum has lost a total of 20% over this past month, after falling from the high of $225 during September.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $18.76 billion. The good news is that ETH looks to be holding strong against BTC and we...

The highly volatile nature of cryptocurrency markets makes this industry simultaneously exciting and very risky.The price of bitcoin rapidly moved from around $600 in November 2016 to an all-time high of nearly $20,000 in December 2017.Of course, many, due to FOMO, bought Bitcoin worth hundreds to thousands of dollars during the “crypto bubble” period, hoping that the price would “moon”.It was also in that period that the ICO craze begun. Many novice and experienced investors threw their...

Positive Preisprojektionen zum BTC gibt es wie Sand am Meer. Doch auch negative Projektionen werden immer wieder von einigen Finanzexperten und Investoren geäußert – einer von ihnen Peter Schiff. Schiff sieht Bitcoin in naher Zukunft sogar nur noch bei 2.000 US-Dollar.Bitcoin News: Peter Schiff sagt, Bitcoin bald nur noch bei 2000 US-DollarPeter Schiff ist kein Fan von Bitcoin. Schiff steht zum Beispiel hinter Schiff Gold, womit sich auch schnell erklärt, warum er kein großer Bitcoin-Fan ist....

Photo: CoinsbitCoinsbit is an Estonia-based crypto exchange launched in 2018 and licensed for trading activities in the EU. The exchange has roughly 43 trading pairs of cryptocurrencies. The most recognized pays include BNB/ETH, BNB/USD, BNB/BTC, ETC/BTC, LTC/ETH, LTC/USD, ETH/BTC, ETH/USD, and BTC/USD.In a bid to remain relevant in the competitive crypto market, the company is introducing several essential services that will assist in differentiating the exchange from the stiff competition....