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...
Read More »Bitcoin Price Analysis: BTC Still Awaits a Huge Move, Steady But Fragile Above The MA-200
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):...
Read More »Ethereum Price Analysis: ETH Could Surge Above $190-$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...
Read More »HODL Wins: The Majority Would Prefer Holding Bitcoin Than Gold
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,...
Read More »Bakkt hegt grosses Interesse am Bitcoin-Futuresmarkt
Verhilft Bakkt Bitcoin zur Massenadaption? Forscher von Skew Markets stellten im Rahmen einer Untersuchung fest, dass das Open Interest von Bakkt am Bitcoin-Futuresmarkt bei mehr als einer Million US-Dollar lag. Die Forscher teilten hierzu in einer offiziellen Stellungnahme mit, dass Bakkt „langsam“ abhebe und auch die Volumina weiter anstiegen. Nach wie vor lässt sich das...
Read More »ARPA’s Binance Community Voting Round & Growing Momentum Following President Xi’s Comments
Photo: ARPA OfficialARPA – the layer two privacy-preserving computation protocol – is set to square off against Carry Protocol, a data purchase platform on Ethereum, in Binance’s second round of the Community Coin Vote (CCV). Voting will begin at 4 AM 5 November (UTC) and will incorporate Binance’s new rules for the CCV that allocates a BNB rewards pool to the runner-up and reduces the BNB holding period of 9 to 7 days. ARPA winning voters will split a rewards pool of 15 million ARPA tokens,...
Read More »Barely a Year In, Nasdaq-Powered DX.Exchange Is Shutting Down
Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...
Read More »Several Malta Crypto Companies Want in on New Regulations
Malta has become one of the world’s biggest crypto havens over the past few years, and now, things are about to take a whole new turn.Malta Is a Leading Crypto MaverickSeveral companies – 34, to be exact – that either operate in blockchain or cryptocurrency-based territory within Malta, have sent “letters of intent” to the country’s Financial Services Authority (the MFSA). These letters say they are requesting permission from the organization to continue their operations and further provide...
Read More »What Craig Wright’s Non-Payment Saga Means for Bitcoin Markets
Craig Wright has declined to pay Dave Kleiman’s estate a $4.5 billion settlement. The plaintiff and defendant had agreed to enter into a non-binding agreement with the promise that Wright would pay. The U-turn has reset litigation proceedings. It looks like the Satoshi Nakamoto saga will continue into the next year. According to the latest news, Bitcoin SV founder Craig Wright has declined to pay the Kleiman Estate a 500,000 Bitcoin ($4.5 billion) settlement. The estate, which is...
Read More »BitBay Set to Launch IEO Platform and Launchpad
Photo: BitBay / TwitterBitBay has become the latest major cryptocurrency exchange to create an Initial Exchange Offering (IEO) launchpad. IEOs have surged in popularity in recent years, largely replacing the ICO funding model. BitBay’s new platform will launch on November 18, with users given the chance to buy IEO tokens directly via EURO, USD, GBP and Polish Złoty. With 245 IEOs having taken place in the past few years, BitBay may be late to the party – but the exchange hopes to hit the...
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