Markets

Stellar lumen price is trading in an uptrend above the $0.0720 support area against the US Dollar.XLM price is currently correcting lower, but it remains well supported near $0.0740.There is a major bullish trend line forming with support near $0.0715 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near the $0.0660 and $0.0650 levels.Stellar lumen price is showing many positive signs against the US Dollar and bitcoin. XLM price could continue to...

Singapore’s central bank – Monetary Authority of Singapore (MAS) – has recently joined hands with Wall Street giant JP Morgan and Temasek. The partnership aims to build a blockchain-based prototype for cross-border multi-currency payments.The announcement comes just a time when global banking institutions are exploring blockchain and digital currency payments. MAS also said that its blockchain prototype can carry payments in different currencies on the same network. In the official press...

Ripple price is currently trading in a bearish zone below $0.2840 against the US dollar.The price is at a risk of more downsides below the $0.2700 support area.There is a key bearish trend line forming with resistance near $0.2810 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could only recover once it clears the $0.2810 and $0.2840 resistance levels.Ripple price is under pressure below the $0.2840 support against the US Dollar. XRP price might extend its...

Ethereum saw a small increase of 2.85% over the past 24 hours and it currently trades at $191. This was largely been helped by the 2.74% spike seen in Bitcoin today. Ethereum is now trading at resistance provided by the 100-days EMA with a break above sending us well above $200. ETH remains the second-largest cryptocurrency as it holds a market cap of $20.62 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH fell below the 100-days EMA but remained supported...

Bitcoin to flip gold by 2028, says Bobby Lee, founder of BTCC, the world’s first bitcoin exchange. Stock to Flow model supports the prediction. A weak dollar may adversely affect bitcoin’s price point. Bitcoin bull and CEO of BTC China, Bobby Lee, has thrown down his latest forecast, suggesting that bitcoin will flip gold’s market cap and find it a way to $500,000 by 2028. The Gold Flippening The bold claim came via a Tweetstorm earlier Sunday, where the crypto veteran rattled off several...

Governments across the world initially adopted a policy of ignorance toward cryptocurrency. This was perhaps because of the misguided notion that cryptocurrency was a passing fad that would go away. Over a decade later the crypto industry is large and booming with a total market capitalization of about $250 billion USD. This is still a long way off the record highs of early 2018 but is remarkable nonetheless.At the height of the ICO boom, the industry attracted tens of millions in investor...

TRON (TRX), one of the largest altcoins, will be listed on the cryptocurrency exchange – Poloniex on November 12th. The news comes after the exchange was recently sold to new owners who are reportedly set to increase Asian involvement.TRON To Be Added On PoloniexAccording to an official statement, TRX, which is currently ranked as the 11th largest cryptocurrency, will be listed on one of the popular exchanges, Poloniex. TRX sits on a market cap slightly over $1.1 billion and marks a slight...

Peter Schiff is once again making apocalyptic bitcoin price predictions. This isn’t the first time the famous gold bug has sounded the alarm on the crypto market. Are crypto investors right to treat him like the boy who cried wolf? Peter Schiff has remained active on Twitter lately, chiming in on the Fed’s ballooning balance sheet and the sharp gold sell-off. However, another issue catching significant traction is his extremely bearish view on bitcoin. Peter Schiff: ‘Get Ready for the Dump’...

Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain CDPs mark a new era in fintech innovation and have bred some intriguing externalities. Many DeFi lending protocols offer interest rates that are significantly more appealing than rates offered by banks and low-risk fixed...

Canadian crypto exchange CoinField has unveiled its top project Sologenic today at Malta AI and Blockchain Summit (AIBC), during the second day of the conference. CEO Bob Ras explained how Sologenic will merge traditional financial markets and crypto on the XRPL (XRP Ledger). Ras spoke exclusively to Coinspeaker at the conclusion of his presentation. Bob, you what was the key message that you delivered today in Malta about Sologenic?Bob Ras: If you look at the market size of stocks and ETFs...