Bank of America, one of the most prominent banks in the United States, has taken a bold step by adopting Blockchain technology after testing out Ripple’s Distributed Ledger Technology (DLT) in its banking system and appears to be ready to go a bit further with the implementation of the technology.Bank of America’s commitment to Ripple might just stir the storm for other banks too. This development of the course has been in process for a long while and is by no means sudden. Last year in...
Read More »EOS Price Analysis: Key Support Nearby But Bias Turned Bearish
EOS price is down more than 10% and it broke the key $3.040 support area against the US Dollar.The price even traded below the $3.000 support area and tested the $2.820 support zone.There was a break below a major bullish trend line with support near $3.110 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a close below the $2.800 pivot level.EOS price is showing bearish signs against the US Dollar and bitcoin. The price...
Read More »New Defi Project Kava to Launch its Token on Binance Launchpad
It is announced that the decentralized finance (Defi) platform Kava is set to sell its tokens on the Binance Initial Exchange Offering (IEO) platform popularly referred to as Binance Launchpad. The event will start on the 23rd of October, 2019. The sales will involve a lottery and an airdrop. The IEO will feature the KAVA token at $0.46 and will also include 6.52% of the total tokens available. The event will also include an airdrop of $150,000 with a total of 326,087 tokens for the event....
Read More »eToro Unveils New Crypto Portfolio Based on the Algorithm of Twitter Mentions
Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...
Read More »#729 Ripple investiert in Bitso, Zentralbank Chef verteidigt Libra & Libra Association Charta
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 729. Heute geht’s um folgende Themen: Ripple investiert in größte Bitcoin-Börse Mexikos, Englischer Zentralbank-Chef verteidigt Facebook Libra & Libra Association unterzeichnet Charta in Genf. 1.) Ripple investiert in größte Bitcoin-Börse Mexikoshttps://www.btc-echo.de/ripple-investiert-in-groesste-bitcoin-boerse-mexikos/ 2.) Englischer Zentralbank-Chef verteidigt Facebook...
Read More »Crypto Price Analysis & Overview: Bitcoin, Ethereum, Ripple, FetchAI, Litecoin
BitcoinWe saw an attempt to break down the resistance at around the 200 MA. Support in this range holds at about $8,000. If it fails, we can expect testing lower levels and this will spell bad news for the market. The chart seems to be technically primed for a turning point.EthereumAgainst the USD, we saw attempts to return to the $200 levels. In the meantime, resistance is currently at $190 while support is at $160. The market could be testing it.Against BTC, the cryptocurrency continues to...
Read More »Ripple Price Analysis: Will XRP Finally Break Above $0.30?
XRP saw a price increase of around 1% over the past 24 hours and it currently trades at $0.2926. The cryptocurrency has been on a tear these past two weeks after surging by a total of 17.72%, making it the strongest performing cryptocurrency out of the top 5 in the selected period. The surge has now allowed XRP to retest the $0.30 level which had provided strong support for the market all year until it was broken in July 2019. This price increase is largely a result of XRP surging against BTC...
Read More »Forex Broker FXCM Trading Group Introduces New Crypo Basket Service for Retailers
The FXCM Group, an international online platform that offers foreign exchange (FOREX) trading, digital asset trading, as well as contracts-for-difference (CFD), has announced the start of a new offering for cryptocurrency baskets, targeted at the company’s retail patrons.According to an official FXCM press release, the new crypto basket is called CryptoMajor and will allow retailers handle a pool of five different digital currencies at once. The announcement specifies that the assets...
Read More »FXCM Begins Offering Crypto Baskets to Retail Customers
FXCM, a provider of online foreign exchange, is providing customers with a new form of “basket trading” comprised of some of the top 20 cryptocurrencies.FXCM Brings Its Crypto Offerings to New HeightsThe cryptocurrency baskets, which are available for the firm’s retail customers, are comprised of bitcoin (BTC), Ethereum (ETH), bitcoin cash (BCH), Litecoin (LTC) and Ripple (XRP). It’s intriguing to see companies still working towards retail participation in the crypto space given how many have...
Read More »Leading London Brokerage Provides Cryptocurrency Basket Including Bitcoin to Retail Investors
One of the leading providers of online foreign exchange trading, as well as other related services, has announced the introduction of a new cryptocurrency basket for its retail investors. The product will include five different cryptocurrencies, including Bitcoin.Bitcoin Included in a Retail Trading BasketFXCM Group, commonly referred to as FXCM, is a well-known international provider of CFD trading, exchange trading, cryptocurrencies, and other related services. Today, the company announced...
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