Kelly Loeffler, the former CEO at the Intercontinental Exchange (ICE)-backed crypto trading platform Bakkt, will be joining the committee that looks upon the Commodity Futures Trading Commission (CFTC). However, that increased the worries of a possible conflict of interest. In a Jan. 6 tweet, Loeffler said she has sworn into the United States Senate by Mike Pence, the Senate’s chief officer, to become Georgia’s newest Senator.It's official! What an honor to serve our great state in the...
Read More »Binance Futures Launches Fifth Perpetual Contract with EOS/USDT Pair
Major crypto exchange giant Binance has announced that it is launching a new perpetual contract product through its futures trading platform – Binance Futures. The new contract, which pairs EOS with Tether’s USDT is the platform’s fifth one.According to an official announcement on the Binance website, the new contract launched at 8:00 AM (UTC) on Wednesday, January 8. Also, Binance Futures is offering users up to 75x leverage.Binance also put a pricing limit of ±1% on the mark price, to...
Read More »BTC Hash Rate Surges Back to Hit New All-Time High of 120 EH/s, Bitcoin Price Up 5%
The Bitcoin hash rate has been the talk of the town and analysts are closely observing its movement. After dropping below 100 EH/s earlier this week on Monday, the Bitcoin hash rate recovered back to hit a new all-time high.Beating all of its previous records, the Bitcoin hash rate has hit 120.7 exahashes per second (EH/s). The higher hash rate indicates the higher relative strength of the Bitcoin blockchain. It also indicates higher miner participation and more computational power invested...
Read More »Android Version of Coinbase Pro App with 50 Trading Pairs Is Now Available
The world’s leading trading platform Coinbase has surprised the community. The company has expanded the compatibility for its trading platform Coinbase Pro. Previously, only iOS users could enjoy trading on the platform. Now, with the Android version of Coinbase Pro, Android users have also got access to the great trading experience.To start trading, visit: https://t.co/JzneBPXZJP— Coinbase Pro (@CoinbasePro) January 7, 2020According to the developers, the Android version of Coinbase Pro is...
Read More »Binance Offers New Fiat Options in Partnership with Global On-ramp Solution Banxa
In collaboration with Banxa, Binance has added fiat options for the Pound (GBP), Euro (EUR) and Australian Dollar (AUD). Banxa is a global fiat payment services solution that works with financial technology companies in solving their fiat-to-crypto currency issues. The popular faster payments services for the British pound (GBP) is available for users who need to buy cryptocurrencies quickly.Changpeng Zhao said that the Australian dollar and the Euro can also be purchased on Binance’s...
Read More »Bitcoin’s Price Rises above $8,300 as Bull Run Seems Likely
Bitcoin’s price rises again. Many pundits have indicated that this has created a new paradigm where Bitcoin’s price is now finding new support levels. This also means that a bullish trend may be in the offing although many think that this isn’t so. Bitcoin’s prices have been under severe pressure lately. The downward trend suggested that prices may have finally fallen to less than $5,000 or even worse indicating the lack of footing for a support level. These fears, however, were dispelled as...
Read More »Cardano (ADA) Price Analysis: Rally To $0.05 Seems Imminent
ADA price is trading with a positive bias above the $0.0350 resistance against the US Dollar.The price is gaining traction and it is likely to accelerate above the $0.0385 resistance.There is a major bullish trend line forming with support near $0.0365 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to accelerate above the $0.040 resistance area.Cardano price is trading nicely in an uptrend against the US Dollar, similar to bitcoin. ADA price...
Read More »Bitcoin Price Analysis: BTC Rally Far From Over
Bitcoin price is currently rising and trading nicely above the $8,000 resistance against the US Dollar.The price gained pace above the $8,150 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $7,340 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains well bid and it is likely to continue higher towards the $8,800 level.Bitcoin price is trading in a nice uptrend above $8,000 against the US...
Read More »Bitcoin Rally Unclear while Faltering at $8000, Mining Hash Rate at All-Time High
BTC/USD is currently trading at $7,861 (+1.4% from the beginning of the day). The crypto is in motion as part of a vigorous bull trend in Asia amid growing volatility and a tested zone past the $8,000 price level.As Bitcoin halving approaches, several market analysts are trying to project how this will influence the price, while in some other forecasts, an analyst said that dominance in the Bitcoin market may not surpass 75%, and price recovery may be limited to $15,000.The Bitcoin sphere...
Read More »Bitcoin Preis wieder im Aufwind
Zwischenzeitlich fiel sogar die Marke von 8.000 US-Dollar für den BTC, der die bullishen Prognosen bestätigte und im neuen Jahr fast 10 Prozent zulegen konnte. Woran genau lag es eigentlich?Bitcoin News: Bitcoin Preis wieder im AufwindGeopolitisch waren die Auseinandersetzungen zwischen den USA und dem Iran zum Jahresanfang der Auslöser. Viele Investoren sehen den US-Dollar geschwächt und mit dem Iran ein Land, welches auf Sanktionen durch die USA mit einer Kapitalflucht in den BTC-Markt...
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