Tag Archives: Trading

EOS price rallied recently above the $3.200 and $3.580 resistance levels against the US Dollar.The price traded as high as $4.066 and it is currently correcting lower.There is a major contracting triangle forming with support near $3.350 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline in the short term, but dips remain well supported near $3.350.EOS price is trading in a nice uptrend above $3.350 against the US Dollar, just like bitcoin. It could...

Litecoin price gained a strong bullish momentum after it broke the $48.00 resistance against the US Dollar.LTC price traded towards the $60.00 resistance and it is currently correcting lower.There is a key contracting triangle forming with support near $54.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside near $52.00 and $50.00.Litecoin price is trading in a bullish zone above $50.00 against the US Dollar, similar to bitcoin....

ADA price gained traction after it broke the key $0.0380 resistance against the US Dollar.The price traded towards the $0.0420 resistance and formed a high at $0.0427.There is a key bullish trend line forming with support near $0.0382 on the 4-hours chart (data feed via Kraken).The price could correct in the short term, but dips remain well supported near $0.0400 and $0.0380.Cardano price is trading in a bullish zone against the US Dollar, similar to bitcoin. ADA price is likely to continue...

Bitcoin price rallied recently above the $8,400 and $8,500 resistance levels against the US Dollar.The price traded to a new yearly high at $8,900 and settled above the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains well supported and dips towards $8,420 and $8,315 might prevent buy opportunity.Bitcoin price is gaining bullish momentum and it recently...

BaseFEX, a crypto margin trading exchange that supports Perpetual Contracts up to 100X leverage, has cut its trading fees in more than half, now charging Taker as low as 0.03% compared to its previous 0.07% and 0.10%. With BaseFEX’s new fee structure, traders can typically save 45% trading fees than trading on BitMEX.The Taker’s new fee rate starts off at a universal 0.06% that applies to all of its existing trading pairs including BTCUSDT, BTCUSD, ETHXBT, LTCXBT,  BNBXBT, EOSUSDT and more....

Bitcoin (BTC) futures options trading is now live on the Chicago Mercantile Exchange – CME. The offering went live yesterday Jan. 13 and began trading after it successfully got approval from regulatory authorities. The CME Group announced this on its website as trading went live. According to the page, Bitcoin futures options were created to satisfy customers’ yearnings. It says it was done “in response to growing interest in cryptocurrencies and customer demand for tools to manage Bitcoin...

Tron price is trading with a positive bias above the $0.0145 support level against the US Dollar.TRX price is currently attempting an upside break above the $0.0152 resistance level.There is a contracting triangle forming with support near $0.0145 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to gain momentum if there is a clear break above the $0.0152 resistance.TRON price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. TRX price...

Ethereum price is gaining bullish momentum above the $145 resistance against the US Dollar.ETH price could continue to rise and it might break the $152 and $155 resistance levels.There is a key bullish trend line forming with support near $143 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but buyers are likely to protect $145 and $143.Ethereum price is showing a lot of bullish signs against the US Dollar. ETH/USD could continue to rise if it clears the $152...

It seems that traditional institutions are finally realizing that no-can-do without cryptocurrencies anymore. If we look at the market movements, there is huge impatience for the launch of CME Group Inc. options that should happen today.It is interesting because it is not the first of a kind. Bakkt that is under New York Stock Exchange parent Intercontinental Exchange Inc. began with the work in December last year. Moreover, as we have recently reported, yesterday FTX crypto derivatives...

FTX crypto derivatives exchange platform has begun services for Bitcoin (BTC) options. The announcement came in a tweet posted on Saturday from FTX CEO Bankman-Fried.Options are live!https://t.co/B85lrLVDQO— SBF (@SBF_Alameda) January 12, 2020The announcement did not include any specific details about the offering, only that its Bitcoin options. However, in another tweet just about two hours later, the CEO said the platform had hit $1m in volume, since the launch.FTX Bitcoin OptionsEven as...