Markets

Binance Coin saw a slight increase of around 1.58% over the past 24 hours and it currently trades at $18.17. The cryptocurrency has surged significantly by 16% this past week after managing to break above a long term descending wedge against BTC. This latest price hike has rendered the market bullish as it makes its way back toward $20.Binance Coin is the eighth-largest cryptocurrency with a market cap of $2.83 billion.Since our previous BNB analysis, the cryptocurrency continued to increase...

Sensor Tower, a company that supplies publishers and marketers with the information needed to enhance the mobile app ecosystem, revealed the latest data. According to this information, in the third quarter of this year, people spent around $21.9 bln on gaming and non-gaming apps on such platforms as the App Store and Google Play. The report shows a 22.9% YoY rise from the $17.9 bln in the same period of 2018.Please, pay your attention that the data here is provided for the third quarter of...

The eyes of the world are currently on the United States and China, as the trade deal negotiations between the two economic powerhouses are taking new turns. Over the last two years, both countries have shown restraint in coming to a mutual consensus. However, there was a renewed optimism in the market after last Friday’s positive results in the trade talks.After the U.S. suspended its next tariff increase on Chinese imports, the U.S. stock market saw a major rally on Friday. The Dow Jones...

Stellar lumen price is trading in a positive zone above the $0.0600 resistance against the US Dollar.XLM price is showing positive signs and is testing the key $0.0640 and $0.0650 resistances.There is a crucial bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair is likely to rise sharply above the $0.0640 and $0.0650 resistance levels in the near term.Stellar lumen price is gaining bullish momentum against the US Dollar and bitcoin. XLM...

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,...