Ripple price gained traction and it rallied above $1.20 against the US dollar. The price is now trading well above the $1.20 resistance and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.080 support zone. Ripple price is trading in a positive zone above $1.20 against the US...
Read More »In The Money Stocks’ President: Bitcoin Will Eventually Slip to $18K Despite Its Recent Rally
Gareth Soloway – chief market strategist at InTheMoneyStocks – is not impressed by bitcoin’s recent price increase. He argued that the primary cryptocurrency’s USD value would soon reach $50,000-52,000, but will eventually tumble to $18,000. Would History Repeat Itself? In a recent interview for Kitco News, Gareth Soloway – the President of InTheMoneyStocks – opined that bitcoin’s price would eventually experience a massive downturn. While he predicted that the digital asset...
Read More »Bitcoin Likely to Reach at Least $96k: In-depth Price Prediction Analysis of 2021 Cycle’s Top
Looking ahead, there are many ways the rest of the current cycle can play out moving forward. The following are two scenarios we are expecting to play out as long as the technical and on-chain data continue to show strength. Our price targets are heavily time-based, condition-based, and blend multiple forms of analysis. Assuming bitcoin price reaches major technical targets to the upside and on-chain metrics are flashing significant sell signals, the probability of a bull...
Read More »Millennials, Xennials, or Generation X: Which Group Is the Most into Crypto? (Survey)
According to a recent survey, millennial investors have allocated 12% of their wealth in the digital asset market while xennials and generation X have respectively distributed 9.2% and 6.3%. However, those born between the late 1970s and the early 1980s have profited the most from those investments. Crypto Trends among The Generations The cryptocurrency exchange CryptoVantage conducted a study to determine what digital assets each generation favors, why they have entered the...
Read More »Cardano (ADA) Sets New All-Time High as Bitcoin Reclaims $49K: Weekend Watch
Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...
Read More »Bitpanda: BEST-Token to da Moon? ?
Nach dem Investitions-Paukenschlag erst leicht gestiegen: Der Bitpanda BEST Token. Bitpanda hat letzte Woche eine Finanzierung von einer viertel Milliarde (!) erhalten. Wenn so grosse Investoren einsteigen, dann ist es natürlich interessant anzusehen, wie sich der Kurs von BEST, dem hauseigenen Token von Bitpanda passiert. Aktuell notiert der Bitpanda BEST Token bei 1.10 US-Dollar oder eben 94 Eurocent. Soll man in Bitpanda BEST...
Read More »Huobi Will Support Crypto-Fiat Operations in Latin America After Partnership With Settle Network
The popular cryptocurrency exchange Huobi Global is taking advantage of its competitors’ setbacks to break into new markets. The latest chess move involves a partnership with Latamex —Settle Network’s on and off-ramp fiat-to-crypto payment gateway— with the goal of enabling purchases and sales of cryptocurrencies with fiat money in Argentina, Brazil, and Mexico. The exchange also announced a promotion for its customers: It will allow them to buy cryptocurrencies with zero...
Read More »Huobi Will Support Crypto-Fiat Operations in Latin America
The popular cryptocurrency exchange Huobi Global is taking advantage of its competitors’ setbacks to break into new markets. The latest chess move involves a partnership with Latamex —Settle Network’s on and off-ramp fiat-to-crypto payment gateway— with the goal of enabling purchases and sales of cryptocurrencies with fiat money in Argentina, Brazil, and Mexico. The exchange also announced a promotion for its customers: It will allow them to buy cryptocurrencies with zero...
Read More »Binance verschärft Regelungen für die Identitätsverifizierung von Nutzern
Es kommt, wie es kommen musste. Der Druck, den Finanzbehörden auf die Cryptocoin-Börse ausgeübt haben, führt nun zu strengeren Regelungen für die Nutzer. Ab sofort gelten für alle neuen Nutzer Bestimmungen, die zuvor erst bei einem höheren Nutzungsvolumen galten. Crypto News: Binance verschärft Regelungen für die Identitätsverifizierung von NutzernFür sogenannte „Intermediate User“ war es notwendig den Know Your Customer (KYC) Prozess zu durchlaufen, der eine Identifikationsverifizierung...
Read More »Knappheit: Gehen den Bitcoin-Börsen die Coins aus?
Eine Analyse von Glassnode zeigt, dass die Kunden ihre Bitcoins von den Börsen abheben. Einerseits sorgt ein knappes Angebot für einen steigenden Bitcoin-Preis. Andererseits können so gerade kleinere Bitcoin-Börsen in Not geraten, wenn aus Mangel an Liquidität nicht gehandelt werden kann. Grosse und gut kapitalisierte Bitcoin-Börsen wie Bitpanda, Coinbase oder dezentrale Börsen wie BTC Direct sind davon kaum betroffen. Fakt ist, das sich...
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