Markets

Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how the other users’ e-mail addresses stay hidden from everybody else. This way, by not putting the names in the BCC field but in an amateurish manner dividing them by the comma,...

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

Bitcoin’s price has been trading around $9,100-$9,500 for a few days after the volatile movements of last week. However, on futures and options exchange Deribit, the price went through a violent red candle, reaching $7,700 in a manner of minutes and causing lots of losses. The company stated today that they will reimburse all affected users on their network.Bitcoin Price Plunge on DeribitThe issue was noted around 21:00 UTC on October 31st and it reportedly affected many users on their...

Bitcoin cash price rallied recently and climbed above the $280 resistance against the US Dollar.The price is currently consolidating above $180 and seems to be setting up for the next break.There is a major breakout pattern forming with resistance near $284 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could either rally again above $285 or it might extend its correction to $260.Bitcoin cash price is trading in a nice uptrend above $280 against the US Dollar....

Litecoin price is currently correcting lower below the $60.50 resistance against the US Dollar.LTC price is currently holding the key $57.10 and $55.80 support levels, with a positive bias.There is a major bearish trend line forming with resistance near $58.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip once last time towards the $55.80 support area before it started a decent upward move.Litecoin price is retreating from the recent high near $64.40...

Brave teams up with blockchain-based encyclopedia Everipedia. Brave’s active users are skyrocketing. The market value of Basic Attention Token (BAT) may retrace before it continues rising. Privacy web browser Brave announced a co-marketing agreement with the world’s largest blockchain-based encyclopedia, Everipedia, to boost the company’s brand awareness among its userbase. The partnership comes at a time when Brave’s popularity is skyrocketing, and its native crypto, Basic...

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP is 10 times safer for making international payments – or as Team Ripple explains, one-tenth as volatile as fiat for cross-border transactions. Ripple’s...

China’s Vending Market & Industry Are Growing at a Breakneck Pace!In recent years, China’s vending machines have grown at 30% CAGR. It is predicted that by 2020, there will be 138 million vending machines in China, yearly selling up to 100 Billion Yuan of fast-moving consumer goods according to a report by Forward. Meanwhile, China has become the biggest vending machine manufacturer and exporter in the world, with Guangdong contributing most of the export volume.Preview of China VMF...

XRP saw a small increase of around 0.50% over the past week and it currently trades at $0.2935. The cryptocurrency struggles to break above the resistance at $0.30 and looks ready to roll-over and fall lower. Whilst the majority of the top-10 projects surged this week by between 13% and 30%, XRP lags behind after increasing by just 6%. Nevertheless, XRP remains the third-largest cryptocurrency with a market cap of $12.74 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD...

Binance Coin saw a slight increase of around 4% over the past 24 hours and it currently trades at $20.24. BNB managed to surge by a total of 20% this past week which caused it to break above the resistance at $20.Binance Coin remains the seventh-largest cryptocurrency with a market cap of $3.15 billion.Since our previous BNB analysis, the cryptocurrency continued to climb above the resistance at $18.85 and managed to break above the $20 level. BNB continued to rise until meeting resistance at...