Markets

Following the recent recovery of Bitcoin, Ethereum’s price seems to be following suit and is now showing strength after months of bearish price action. The market is breaking above key levels one by one. Is the momentum going to continue? Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has broken the descending channel pattern to the upside after a rebound from the $1250 support level. The significant bearish trendline is also being tested at...

On Oct. 27, Ripple released its Q3 Markets Report stating that its holdings of XRP have dropped below 50% for the first time. The company proudly stated that it is becoming more decentralized contrary to what critics have claimed. It said the ownership of XRP is not an indicator that Ripple controls XRP Ledger (XRPL). “The XRP Ledger (XRPL) uses Federated Byzantine Consensus to validate transactions, add new features and secure the network, which means that each validator...

After allocating $500 million to support Elon Musk’s Twitter buyout, the world’s largest crypto exchange said it wants to establish a dedicated unit to help the social media platform’s upcoming challenges. The statement from the company, as reported by Bloomberg, informed that one of the key areas where Binance wants to help the most is battling bots. Fake accounts have been a major issue for the social media giant, especially such that promote fraudulent scams, many of which...

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Bitcoin is back on the offensive once more, following the enhanced volatility yesterday, and is close to breaking above $21,000. The altcoins are also well in the green on a daily scale, led by Dogecoin’s massive gains after the Musk-Twitter deal. Bitcoin Retaps $21K The past several days have been significantly more eventful for the cryptocurrency industry and the market price movements. Bitcoin stood still at $19,000 until the middle of the week, when it shot up to over...

Wichtige Neuigkeiten zu Ihrem Coinbase-Pro-Konto Coinbase Pro-Kunden aufgepasst: Coinbase Pro heisst neu Advanced Trading. Und wer sein Guthaben auf Coinbase Pro nicht von Hand auf die neue Oberfläche Advanced Trading überträgt, dem wird das am 21. November abgenommen: Coinbase überträgt dann das Guthaben automatisch in die neue Handelsoberfläche. Was ist der Vorteil von Coinbase Pro rsp. eben neu Coinbase Advanced Trading? Ganz einfach, der...

Dogecoin’s rally continued on Friday as the premiere meme coin rose another 8% to $0.085.  This put the cryptocurrency back into the top ten digital assets by market cap. According to CoinGecko, Dogecoin is now the 9th largest cryptocurrency, worth over $11.6 billion in total. The 10th largest is Solana, now worth $32 per unit and $11.5 billion in total.  Dogecoin is up 43% over the past 7 days, showing especially strong growth relative to its rallying competitors. Bitcoin...

Jim Messina – a key adviser to former US President Barack Obama – thinks blockchain technology and cryptocurrencies are among “the most exciting developments of our lifetime.” The American is highly bullish on bitcoin, saying he is ready to bet his Porsche that it will once again reach $60,000. Messina is Sure BTC’s Price Will Head North In a recent interview for Fox News, Messina predicted that today’s society will be remembered by two things: living in the time of COVID-19...

Iliam Angelov is a professional crypto trader in his mid-30s and the founder of Billium, a digital asset platform. Not long ago, he sat down in an interview and expressed his thoughts about how far the crypto space will go in the future and where he thinks trading will land given the bearish conditions of the industry. Iliam Angelov Talks Crypto He first commented with: After building an empire that has positively affected the Middle Eastern market and spanning decades,...

After spending multiple weeks trapped around $19,000, Bitcoin’s price was finally able to escape the range and break out toward the upside. BTC reclaimed $20K and even poked above $21,000 before retracing a bit to where it currently trades. Elsewhere, Elon Musk officially acquired Twitter, so let’s unpack. Bitcoin started the week trading at around $19,000, and it was seemingly trapped there for quite a while. However, the volatility picked up on Tuesday, and the bulls...