Markets

Today, Binance.US (BAM Trading Services) launched its American digital asset marketplace in partnership with Binance, the world’s largest cryptocurrency exchange by trading volume and global blockchain ecosystem. At launch, Binance.US lists seven digital assets: Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT), with deposits opened for an additional five assets: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and...

The world’s largest cryptocurrency exchange by trading volumes, Binance, will debut its trading operations in the United States from Tuesday, September 24. For this, Binance has launched a completely different American subsidiary Binance US following the country’s regulatory laws.Starting Tuesday, Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs. Moreover, Binance US plans to list seven cryptocurrencies immediately upon launch. These include...

The S&P 500 is the most widely used stock market index as it takes into account 500 of the largest stocks by market capitalization. This position atop other indexes has remained constant for a long time, probably because the index captures the big stocks without taking the specific sectors into consideration.Back in July, the S&P 500 hit its all-time high of about 3,025 and even though its currently not too far from that mark (at 2,992), Fundstrat’s co-founder and managing director,...

Stellar lumen price rallied this past week above the $0.0800 resistance area against the US Dollar.XLM price even broke the $0.0900 level and recently started a nasty decline below $0.0800.There is a declining channel forming with resistance near $0.0680 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more losses and it could even revisit the $0.0570 support area.Stellar lumen price is back in a bearish zone after a massive rally against the US Dollar. XLM price...

Earlier today, Bakkt announced the live trading for its much-awaited Bitcoin Futures contracts. Bakkt Bitcoin Futures Contracts come with daily and monthly settlement periods along with its safe custodial solution called the Bakkt Warehouse.Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoinWe take our customers’ trust seriously, and are excited to serve this market— Bakkt (@Bakkt) September 23, 2019Bakkt entry to the...

Popular cryptocurrency evangelist and author of “The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology,” William Mougayar took to Twitter last week to make big and bold predictions for several cryptocurrency tokens; among them Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and others.In his extremely bullish prediction, he put Bitcoin’s price as at the end of the year to be $25,0000, Ethereum at $1,000, BNB at $50, EOS at $7 and even STEEM at $.50....

While Facebook is prepping for its Libra launch in 2020, it also has acquired ServiceFriend which is a start-up that builds bots. Experts already have speculated that this is possibly meant for the Calibra wallet support service. First, this news was published in an Israel where ServiceFriend is situated. One of its largest investors, Roberto Singler, alerted one of the local publications about this matter. While Facebook hasn’t yet approved the relevance to Calibra on this deal,...

Recently, people familiar with the matter, shared information that OneConnect, which is the fintech and blockchain unit of the Chinese insurance giant Ping An, is planning to debut in New York with an IPO. The company plans to launch the IPO in mid-November this year. Also, Japan’s SoftBank Corp. is one of the largest investors in the company.Previously, the company had marked the listing venue in Hong Kong. However, a few months ago, it changed it to New York in order to achieve a more...

Ripple price climbed higher sharply after it broke the $0.2650 resistance against the US dollar.The price is currently correcting lower after it posted a new monthly high near $0.3260.There is a major bullish trend line forming with support near $0.2680 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well supported on the downside near the $0.2680 and $0.2650 levels.Ripple price is currently under pressure below $0.3000 against the US Dollar. However, XRP...

ICE‘s Bakkt platform has finally announced its Bitcoin Futures contracts going live today, September 23. Bakkt‘s Bitcoin Futures launch comes as per its earlier announced schedule after the U.S. Commodities and Futures Trading Commission (CFTC) gave the exchange a green signal last month.We’re live!The first Bakkt Bitcoin Futures trade was executed at 8:02pm ET at a price of $10,115— Bakkt (@Bakkt) September 23, 2019As part of the announcement, Bakkt provides two contracts – Bitcoin Daily...