Markets

Jacky Lee, the Chief Executive Officer of Tranglo, said that the partnership with Ripple Labs will go a long way to ensure that accessible and equitable financial services are delivered. Ripple Labs is still making active development across its services with the latest report mentioning another large move in the Asian market. According to the announcement, Ripple Labs has acquired a 40% stake in Tranglo Sdn. Bhd., one of the biggest cross-border payment services in Asia.Tranglo specializes in...

ADA price struggled to clear the $1.285 resistance and corrected lower against the US Dollar. The price is still above the $1.160 support and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.200 on the 4-hours chart (data feed via Bitfinex). The price could either rally above $1.200 or it might break $1.160 for a fresh decline. Cardano price is trading near a key juncture below $1.200 against the US Dollar, while...

Ethereum price started a fresh increase above the $1,725 resistance against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,705 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to remain active near $1,725. Ethereum price is now approaching the $1,850 resistance against the US...

Silvergate Capital Corporation is joining hands with Coinbase Custody – a division of the popular American cryptocurrency trading platform – to provide crypto loan services to its growing list of eligible customers. Coinbase Custody Is Paired with SEN Leverage Coinbase will largely be tasked with overseeing capital through Silvergate’s division SEN Leverage, which provides U.S. dollar loans that are “collateralized” by bitcoin. In other words, while the loans are...

Bitcoin has always been marred by its volatility, and according to technical analyst Ari Wald of Oppenheimer, this isn’t going to stop anytime soon. Ari Wald Doesn’t Think BTC’s Volatility Will End Bitcoin is the world’s largest and most popular cryptocurrency by market cap. The asset was first introduced to the public about 12 years ago and has, to be fair, come a long way since then, but it’s certainly had its share of problems – problems that have ultimately prevented...

KickPad launched a few days ago and has taken the BSC market by storm. They have trended on Coinmarketcap, Coingecko, and reached a peak volume of over $60,000,000. Additionally, they have partnered with notable projects, advisors & investors such as DuckDAO, AU21, Orion Protocol, Garlam Won, and Momentum 6. How has KickPad managed to do all this in such a short timeframe? The answer might lie in their vision: KickPad aims to get investors one step closer to a better...

Popular leading cryptocurrency exchange Coinbase is getting some guff from the Commodity Futures Trading Commission (CFTC) in the form of a $6.5 million penalty. Coinbase Is Forced to Pay a Fine The trading platform is being accused of providing misleading accounting information to the organization and for inflating trading figures. In addition, a former employee that no longer works with Coinbase is being accused of a tactic called wash trading, so what does all this...

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.The cryptocurrency market is currently trading in the green as bullish sentiments are stirring industry-wide price gains beings led by Bitcoin (BTC). Per a deep observation of the market, the rejuvenation was spiked in the early hours of the morning as Bitcoin specifically carried over some losses from the past weekend’s trading activity.A number of...

Bitcoin price is highly correlated with the stablecoin market, thus making Visa Inc’s USDC incorporation key to the future of the crypto industry. After almost two months of consolidation, Bitcoin price may be headed to a new all-time high after breaking out on Monday. The Bitcoin breakout coincided with news from payment giant platform Visa Inc (NYSE: V) that it will allow the use of the stablecoin USDC to settle transactions on its payment network. Bitcoin was trading around $58,016.11...

Holders of the IOTA token will be able to participant in the ongoing DeFi craze on the Binance network. This has become possible after a partnership between the two parties enabling users to interact on Binance Smart Chain via wrapped IOTA.Wrapped IOTA on BSCLaunched as a competitive network to Ethereum but providing significantly lower fees for transactions, Binance Smart Chain has enjoyed a rapid increase in popularity and use cases. Several months down the road, BSC even surpassed Ethereum...