Markets

Ethereum price started a fresh increase from the $2,500 support zone against the US Dollar. ETH price is now trading above $2,800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2,900 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,900 support. Ethereum price is consolidating below $3,000 against the US Dollar. ETH/USD eyes more upsides if there is...

Ripple price started a fresh increase above the $0.80 resistance zone against the US dollar. The price is now trading above $0.80 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.8050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase unless there is a clear move below the $0.8000 support zone. Ripple price is trading in a bullish zone above $0.8000 against...

The Advertising Standard Authority (ASA) intensified its negative stance against crypto-related companies. It warned such entities not to encourage individuals to purchase digital assets with credit cards or swap their pensions for coins like bitcoin. The ASA’s Latest Warning The British authorities and financial regulators are known for their harsh stance against the cryptocurrency sector. Bank of England’s Governor Andrew Bailey, for example, argued that digital assets...

Bitcoin isn’t doing super well as of late. The world’s number one digital currency by market cap has ultimately failed to push beyond the $40K mark despite a lot of pressure to do so, and it looks like it’s having a very hard time moving past $39,000, which is about $29,000 less than where it was just in November. However, that isn’t stopping Bill Gross – the king of bonds – from getting involved. Bill Gross Is Getting into Bitcoin In a recent interview, Gross says he...

Grayscale – a popular cryptocurrency asset manager – has now launched the Grayscale Smart Contract Platform Ex-Ethereum Fund. The fund includes exposure to a variety of cryptocurrencies that power major smart contract networks besides Ethereum. Investing in Smart Contracts As announced by Grayscale in a press release on Tuesday, the fund marks the firm’s 18th investment product, and third diversified fund offering. It adjusts its exposure to various cryptocurrencies using...

The cryptocurrency exchange FTX inked a long-term partnership with the renowned tennis player Naomi Osaka. Over the course of the collaboration, the Japanese will serve as a global ambassador of the trading venue. She will also receive an equity stake in FTX Trading Limited and compensation in digital assets. Inspiring More Women to Enter the Crypto Realm According to a recent press release, Osaka’s primary focus will be on bringing females onto FTX’s platform and introducing...

A few years back, cryptocurrency trading was a niche field reserved only for code aficionados and cypherpunks. This is no longer the case. Bitcoin has become a household name, and with it, many of the leading altcoins took center stage during the last parabolic market advance. Cryptocurrencies hit mainstream media like never before, especially with the surge of meme-coins like Dogecoin and Shiba Inu. With this, the demand for cryptocurrency trading suites also surged. We saw...

Steve Wozniak believes that bitcoin is going to explode in the coming years. Echoing sentiment issued by Anthony Scaramucci, he is certain that bitcoin will hit $100,000, though he’s not too sure when. Steve Wozniak Is Confident in Bitcoin In a recent podcast interview, Wozniak discussed the growing bitcoin marketplace and stated that he believes the world’s biggest and most powerful digital currency by market cap is going to exceed everyone’s expectations and hit...

The rumors were true: Goldman Sachs has reportedly conducted its first OTC crypto option trade with investment firm Galaxy Digital. This marks the first of any such trade among all major US banks, and a big milestone for the crypto derivatives market. Bitcoin Options Trades Earlier this month, unidentified sources claimed that Goldman was contemplating offering bilateral crypto options for institutional clients. Apparently, it was just one of multiple Wall Street Banks to...

Even when you hear anyone talking about crypto that isn’t very familiar with it, you’ll listen to Bitcoin being included in the conversation. This is because Bitcoin started the crypto world in January of 2009. Moreover, it took more than five years for another cryptocurrency to launch, Ethereum. Bitcoin holds the largest value in the crypto market, is around $38,000 currently, and fluctuating day in and day out. There is no fixed value in Bitcoin or other...