Markets

San Francisco-based blockchain company Ripple recently announced that it will launch a product that will allow financial services companies to offer their clients access to crypto trading. Ripple Liquidity Hub In an official blog post, the company noted that the new product, dubbed the “Ripple Liquidity Hub,” will grant enterprise clients access to digital assets from a wide range of providers, including market makers, exchanges, and over-the-counter (OTC) trading desks. The...

Today was looking to be a good day for Bitcoin and the entire cryptocurrency market, but the bears had a mind of their own. Earlier today, we reported that Bitcoin’s price painted a new all-time high above $69K, while the remaining cryptocurrencies were also painting notable increases. Fast forward a few hours later, though, and we’re now looking at love $700 million worth of liquidated positions as BTC takes a nosedive and dips below $63K. Chart by TradingViewEven though the...

Analysts are claiming that an Ethereum-based futures exchange-traded fund (ETF) could be released as early as the first quarter of next year. The Possibility of an Ethereum ETF? The big news in 2021 is that a bitcoin ETF has finally made it to market. The product was released just a few weeks ago by a company called Pro Shares. It began trading on the New York Stock Exchange (NYSE) and received positive reviews from analysts and traders alike. However, there was one big...

Many crypto analysts believe the digital currency space is likely to hit $3 trillion in the coming weeks given how many assets – including Ethereum, Solana and Binance’s BNB Coin – have experienced heavy price surges. Ethereum and Other Assets Are Pushing Ahead These, along with several other currencies, have experienced “double-digit” gains over the past few weeks. In addition, bitcoin has been scaling back, which has ultimately given many of the world’s smaller tokens...

The largest US-based crypto exchange has seen a sizeable decline of 29% from $462 billion in Q2 to Q3’s $327 billion in trading volume. In its latest report, the company emphasized the volatility in the market as an important factor influencing the transaction revenue. The figures have been quite underwhelming, but according to the platform, it was still a win. Coinbase Takes a Hit Coinbase’s revenue had hit record figures from April to June this year after its debut as a...

Tron price started a fresh rally above the $0.1050 resistance zone against the US Dollar. TRX price is now trading above $0.1050 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1100. TRON price remained well bid above $0.1050 against the US Dollar, similar to bitcoin. TRX price is...

Bitcoin price started a fresh increase above the $65,000 zone against the US Dollar. The price is now trading above $65,000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $61,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower towards the $64,000 support zone in the near term. Bitcoin price traded to a new all-time high near $68,560 against the US...

Coinbase – one of the largest and most popular cryptocurrency trading platforms in the world – is now testing commission-free trading for people who engage in large or regular transactions. Coinbase Is Looking to End Commission Fees for Some Customers Known as Coinbase One, the service will be available to customers willing to pay subscriptions. They can trade bitcoin along with several other digital currencies without having to pay commission fees, meaning whatever they...

Fans of both Kroger and bitcoin cash got a real jolt of excitement early last week when it was announced that Kroger would be accepting the cryptocurrency as a form of payment for goods and services. Everybody began breaking out the champagne, believing that cryptocurrency was going to be pushed even further into mainstream territory. There was just one problem… The news turned out to be fake. Kroger and Bitcoin Cash… It Ain’t Happening! The relationship between both...

According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders can now formally begin margin trading and settle with Tether issued on the Ethereum network, i.e., ERC20-USDT on BitMEX. Diversification in BitMEX’s offerings Extreme price volatility during market downturns and sporadic rallies are a continuously growing part of the crypto landscape. Hence, market players...