Markets

Philip Hammond – former Chancellor of the UK and an ex-member of the Conservative Party – believes people should be extra cautious when entering the cryptocurrency space. He said that institutions, despite recognizing the asset class, have only dipped their toes in terms of investing. Dipping Toes In October this year, former Chancellor Lord Hammond became a senior advisor at Copper – a British cryptocurrency custody firm that provides infrastructure for the institutional...

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As the year is inching close, the world’s largest cryptocurrency exchange, Binance, has secured an MSB license to offer cryptocurrency services from the Candian regulatory authorities. On the same day, the company also received in-principle approval from the central bank of Bahrain. Glad Tidings for Binance According to the official filing with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Binance’s Canadian arm will be operating as Binance...

After a 24-hour hiatus below the coveted $50,000 mark, bitcoin has bounced off and reclaimed it. Most altcoins are also slightly in the green, while Cardano and Polkadot have stolen the show with impressive 8% gains on a daily scale. Bitcoin Reclaims $50K It was just several days ago – before Christmas – when the primary cryptocurrency struggled at $48,000 after unsuccessful attempts to overcome $50,000. The landscape changed at that point when the bulls initiated an...

Stellar lumen price is attempting a fresh increase from the $0.2500 zone against the US Dollar. XLM price is now trading above $0.2800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.2930 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...

Gerade für Bitcoin-Einsteiger und Anfänger ist folgendes wichtig: Investiere nicht Geld sondern Geduld und Zeit und lerne Bitcoin. Eine Investition in Wissen und Know How zahlt sich immer aus.Trotzdem kann es aber Spass machen, etwas Bitcoin zu besitzen und die neue Technologie auszuproieren ;). Geld ist dafür nicht nötig. Wie du gratis und kostenlos an Bitcoin und weitere Token kommst, steht in diesem Blogpost: Ein kleines Blog führt seit fast 10 Jahren dieses nutzenstiftende Verzeichnis mit...

Ripple price started a fresh increase above the $0.800 zone against the US dollar. The price is now trading above $0.90 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.9320 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above the $0.950 resistance. Ripple price is gaining pace above $0.900 against the US Dollar, like...

Amid the last days of 2021, Bitcoin is struggling around the $50K price area. The primary cryptocurrency is facing a huge options expiration event on the last day of 2021; hence, the next days are expected to be volatile. Option Market Analysis This Friday, 31st December, about $5.7 B worth of bitcoin’ options contracts will expire on Deribit Exchange. The notional value of all expirations is approximately $10.7B. So comparing to 31 DEC‘s notional value, we can call it a...

After nearing $52,000 earlier this weekend, bitcoin has lost some ground but still stands around the coveted $50,000 mark. The altcoins are untypically calm, with ETH close to $4,000. In contrast, MATIC is up by more than 6% on a daily scale. Bitcoin Down to $50K Just days before Christmas, the primary cryptocurrency had dropped to $48,000 after failing to overcome $50,000. However, the bulls came to play at this point and pushed the asset north. In the following hours,...

Kris Marszalek, the CEO of popular cryptocurrency exchange CryptoCom, slammed data aggregating resource CoinMarketCap for misreporting their trading volume. In a tweet on Christmas Day, the CEO of CryptoCom slammed CoinMarketCap for failing to report their trading volume accurately. Merry Christmas to team CoinMarketCap who, a week after my response to their poorly worded tweet, arbitrarily reduced our exchange ranking to 14th. We are 2nd/3rd on CoinGecko, so you guys know...