Markets

XRP was performing better Bitcoin and the rest of the top rivals on Monday as investors/speculators anticipated bullish outcomes from an upcoming Ripple event. XRP price leads the cryptocurrency market’s gains on Monday | Source: TradingView.com, CoinbaseThe third-largest cryptocurrency by market capitalization established an intraday high of $0.2936 as of 0616 GMT. The move uphill brought its daily gains up by 5.73 percent, as calculated from the opening price. At the same time, XRP stole...

FeaturedThe latest plunge in the price of Bitcoin inevitably led to a similar drop across most of the major altcoins. However, to say that this is indicative of a general slump in the value of crypto would be an oversimplification of what is happening in the markets. If you look only at US pairings, then the downward trend is understandable for all to see, but when you start examining crypto pairs, a new story begins to emerge.Ethereum on the riseSince bottoming out in early September, Ripple...

Ripple price started a fresh increase above the key $0.2660 resistance against the US dollar.The price is currently showing a lot of positive signs above the $0.2800 resistance area.There was a break above a major contracting triangle with resistance near $0.2580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to climb further higher towards the $0.3000 and $0.3200 resistances.Ripple price is gaining bullish momentum above $0.2800 against the US Dollar....

Samsung’s announcement that TRON CEO Justin Sun would speak at the company’s forthcoming Developer Conference took many by surprise. The San Jose event, to be held over two days from October 29, will play host to developers, creators and technologists, with blockchain certain to be a major talking point.What to make of the Samsung-Sun linkup? Or is it premature to refer to it in such terms? After all, Sun is ostensibly in town to be a guest speaker tasked with discussing how the future of...

XRP saw an increase of around 2% over the past 24 hours and it currently trades at $0.2805. This allowed it to climb by a total of 10.65% over the past 30 days as the cryptocurrency makes its way toward the $0.30 level once again. However, XRP has strong resistance ahead at the $0.2811 and the 100-days EMA before being able to reach $0.30.XRP remains the third-largest cryptocurrency with a market cap of $12.11 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the...

Authorities are waking up when it comes to cryptocurrencies. In the past month alone, we saw a couple of very serious actions taken against major projects in the field. Facebook’s Libra, Block.one’s EOS, Telegram, KIK, all of them and more saw challenges in the face of lawmakers and regulators across the board. A lot of people, especially those who felt like Telegram was a scam and Libra was a “centralized Bitcoin” embraced the news with sort of positivity. Amid this legislative chaos,...

On the recent Bitcoin price analysis, we had mentioned how critical is the 200-days moving average line for Bitcoin.Bitcoin couldn’t break-out to finally close above the line, which is seen by many traders as the boundary between Bear and Bull market conditions. Two days ago, we got another proof for this, as the breakout candle reaching $8,800 quickly turned back into a false one. Bitcoin Bears pushed the coin down to $8200 in what seems like another well planned price move.Since then, and...

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years AgoExactly 10 years ago, on this very date, the first market transaction for bitcoin took place. Back at the time, 5,050 BTC were sold at a price of $5.02. As pointed out by Saifedean Ammous, author of the Bitcoin Standard,...

Huobi, a leading cryptocurrency exchange, and Harmony, a throughput scalable blockchain consensus platform have announced a partnership to list Harmony’s native token and work together with a focus on Asian markets.Harmony will be the first Binance IEO project to be launching on the Huobi exchange.According to the Huobi announcement, Harmony’s token, under the ticker ONE, is now available for trading in three pairs: ONE/BTC, ONE/USDT & ONE/HT.In anticipation of the listing on Huobi...

Binance Coin saw a slight increase of around 1% over the past 24 hours and it currently trades at $16.88. This followed a larger surge in which BNB gained 9.7% over the past week. Binance Coin is the eighth-largest cryptocurrency with a market cap of $2.66 billion. Despite the recent price hikes, it still has a long road to recovery after dropping by 43% over the past 3 months.Since our previous BNB analysis, the cryptocurrency climbed to as high as $18 before meeting resistance and rolling...