Bitcoin’s market capitalization has grown by 1.4% over the past 24 hours and now stands at $ 197.1 billion. Trading volume also rose to $ 17.2 billion (+ 26.6%). The weakness of the Bitcoin consolidation made it lose a bit of dominance, which now stands at 68.08%.Bitcoin (-0.16%) uninterrupted with growth over the weekend, but with fears among buyers, while Bitcoin SV, Litecoin and Bitcoin Cash has grown by 3.5% over the past 24 hours. Also a solid momentum: Binance Coin (+ 5-15%), Ethereum...
Read More »Elquirex Exchange Set to Expand With New Cryptocurrencies And Loyalty Program In 2020
[PRESS RELEASE]Elquirex brings forward an around the clock cryptocurrency exchange service. The platform is user-centric and simple to use. It doesn’t require any registrations or personal information as the process is supposedly free of all this hassle.Elquirex allows users to quickly switch up between different cryptocurrencies. There are several cryptocurrencies that users can opt to exchange, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and...
Read More »Ripple Price Analysis: XRP Setting Stage For Strong Rally
Ripple price is showing positive signs above the $0.1900 level against the US dollar.The price must gain momentum above $0.2000 to start a strong rally.There was a break above a key bearish trend line with resistance near $0.1945 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well bid near $0.1910 and it seems to be setting up for a large rally.Ripple price is trading within a broad range below $0.2000 against the US Dollar. XRP price is likely to surge...
Read More »Ripple Expands South American Presence With Brazillian Partnership
Ripple, the company behind the third-largest cryptocurrency XRP, will be reportedly expanding its presence in Brazil. Just months after it launched new operations in the country, Ripple is expected to announce new partnerships with other major institutions, such as digital banks.Ripple Expands Brazilian InfluenceRipple is planning to expand its presence in Brazil with new significant partnerships next year, according to a recent report. It states that after signing previous deals with large...
Read More »Job Losses and Indirect Finances: The “Darker Side” of Ethereum?
No doubt Ethereum (ETH) is a hardcore crypto asset that’s not to be messed with. It’s the second-largest cryptocurrency by market cap, and it holds its ground over the likes of Ripple (XRP), bitcoin cash (BCH), EOS (EOS) and Litecoin (LTC).Ethereum Still Has Some IssuesBut even top products and companies appear to suffer from time to time, and Ethereum is no exception. The company recently announced that it was having to cancel out several jobs in both the Philippines and India. While it’s...
Read More »Crypto Price Analysis & Overview December 27th: Bitcoin, Ethereum, Ripple, Dash, and Cosmos
Bitcoin attempted to regain some of the losses from this month as it increased by a small 1.26% this week. The cryptocurrency remained supported at $7,123 and even spiked higher to meet the December resistance at the $7,886 level. Bitcoin is now trapped within a range between $7,686 and $7,123 and must break this range to dictate the next market direction.If the bulls defend the support at $7,123 and start pushing higher, initial resistance lies at $7,400 and $7,686 (bearish .382 Fib...
Read More »Ripple’s XRP Steadied as Bearish Sentiment Holds Sway
At the hour of composing, XRP/USD is changing hands at $0.1882, generally both unaltered since the start of Friday and on the last day. XRP has recouped from December 18 low of $0.1725; in any case, the further recuperation is by all accounts restricted by a mental obstruction at $0.20.It’s critical to recall that regardless of whether XRP can turn bullish temporarily, its long term trend remains quite terrible. The cryptocurrency has plunged over 60% over the most recent half-year and has...
Read More »OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch
OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...
Read More »After A Disappointing Christmas, Bitcoin Price Consolidates Around $7,200: Thursday Crypto Market Watch
After having a gloomy Christmas, the only relief for traders today is that Bitcoin is still holding support at the $7200 region. After touching $7,700 a few days ago, BTC is currently trading above $7,200. A decline below $7,000 will, in no doubt, be stressful for traders who are already disappointed with the Christmas market outcome. The rest of the crypto market is in a mixed state, with significant altcoins posting either slight profits or loss. Ether (ETH) has lost a significant amount of...
Read More »Ripple Price Analysis: XRP Trades Sideways Around $0.19 But Is A Breakout Coming?
XRP continues to trade sideways between $0.1815 and $0.20Against BTC, it is starting to show signs of stabilization at 2600 SAT.The cryptocurrency is showing signs that it could surge if we see a bullish crossover on the Stochastic RSI indicator, against BTC.Key Support & Resistance LevelsXRP/USDSupport: $0.181, $0.17, $0.167. Resistance: $0.19, $0.20, $0.212.XRP/BTC:Support: 2600 SAT, 2530 SAT, 2455 SAT.Resistance: 2750 SAT, 2900 SAT, 3000 SAT.XRP/USD: Remains Trapped Within Tight...
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