Markets

Many industry experts are now speculating on Bitcoin price as the top cryptocurrency has been trading sideways for quite a while after climbing more than 200% this year. The huge price increase from $3,300 to $13,000 has left everyone wondering – which way Bitcoin is heading now?It seems like everyone is waiting for something to happen, but nothing is happening. Just recently, experts claimed that Bitcoin failed to go past one of the essential resistance points at $10,500 and now could be...

Stellar lumen price declined steadily after it broke the $0.0625 support against the US Dollar.XLM price tested the $0.0575 zone and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0590 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it breaks the $0.0590 and $0.0600 resistance levels.Stellar lumen price is in a bearish zone below $0.0600 against the US Dollar. XLM price might correct higher in the...

Over the past three days, and since our previous price analysis, we had seen Bitcoin almost steady, waving between $10,200 to $10,400.A triple-day turnover of only about $200 (roughly 2%) is rare in the recent Bitcoin’s history. Looking at the Bollinger Bands (marked with blue on the following 4-hour chart), they are at their closest level since September 1st. When This kind of setting takes place, it indicates that a sharp price move is likely coming up. In the last time the bands shrunk...

Ripple price is facing a strong resistance near the $0.2650 level against the US dollar.The price is currently consolidating and is trading above the $0.2580 support area.There was a break above a crucial bearish trend line with resistance near $0.2585 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could sharply climb higher if there is a daily close above the key $0.2650 resistance area.Ripple price is trading in a broad range below $0.2650 against the US...

Internet entrepreneur who is also the co-founder and CEO of Twitter, and the founder and CEO of Square, a mobile payments company Jack Dorsey decided to have his company’s Square Inc. trade Bitcoin on their popular Cash App. Soon, they could include the possibility to buy and sell stocks as well.According to the company, they are now testing out their Cash App feature which point is to license users to make their free stock trades. And while the exact date of its launch is still not have been...

One of the most famous providers of kiosks and ATMs for cryptocurrencies, Coinnme, managed to raise $1.5 million in a Series A-1 financing round that incorporates Ripple’s branch Xpring and Blockchain Finance Fund. Earnings from the funding will be deployed for auxiliary licensing in order to develop its U.S. and international coverage.Co-founder and CEO Neil Bergquist commented that Coinme is the company that is licensed to operate Bitcoin ATMs in 29 states and shall register for the forward...

HODL! Steigt der Bitcoin-Preis bald auf mehr als 300'000 US-Dollar? Laut einer Analyse des Traders „PlanB“ wird der Bitcoin-Kurs schon bald wieder massiv an Wert gewinnen und bald bei einem Kurs von 300.000 US-Dollar liegen.Der Trader begründet seine Theorie durch Vorgänge aus der Vergangenheit. So seien die starken Anstiege des Bitcoin-Kurses immer mit einer Kapitulation der BTC Miner einhergegangen. Und laut dem Trader „PlanB“ soll genau...

Online dentistry company SmileDirectClub shares fell by huge 28% yesterday and it was pretty much the worst market debut for one unicorn start-up so far this year.The company’s shares closed at $16.67 after they have opened at $20.55. SmileDirectClub classifies as the fifth-worst debut of the 109 companies that went public this year. Just for comparison, shares of Uber, another unicorn or start-up valued at $1 billion or more went down by 7.6% on that stock’s first day on the public...

Photo; ShutterstockCryptocurrency exchange Coinbase Pro has announced that it will be adding DASH to the platform starting the next week.In its announcement, the company wrote:“On Monday September 16, 2019, we will begin accepting inbound transfers of DASH to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling full trading. Trading will begin on or after 9AM Pacific Standard Time on Tuesday, September 17, if liquidity conditions are met.”Once that adequate supply of...

Photo: ShutterstockThe Chicago Mercantile Group (CME) has seen a massive surge in the trading volumes for its Bitcoin futures contracts, over the last few months. Taking a step ahead, the CME group has requested the U.S. Commodity Futures Trading Commission (CFTC) to allow it to double the trading limits from 5000 BTC to 10,000 BTC tokens.Currently, CFTC has kept an upper limit of 1000 Bitcoin Futures contracts per individual trader using the CME platform. In a letter to CFTC, the CME Group...