With all the advancements currently being made in the crypto industry, there is a constant need for continuous sensitization and education as this is probably the only way to ensure that the sector maintains an increasingly robust growth. This need for important knowledge has been recognized by popular crypto personality Mati Greenspan, who used to be the senior financial market analyst at the eToro trading platform. Greenspan will now begin to make training videos on Bitcoin trading along...
Read More »BlockFi Offers Zero-Fee Trading for Bitcoin, Ethereum and GUSD Stablecoin
Premier cryptocurrency lending service BlockFi has introduced a new feature. It is trading at no fees for Bitcoin, Ethereum and the stablecoin GUSD. The startup has been known to allow users access to returns on their cryptocurrency holdings by offering loans to borrowers against users’ cryptocurrency holdings and then passing across the returns in terms of interest on the loans while securing the crypto assets that were used as security for the loans. While this model is known to have been...
Read More »Bitcoin Cash Analysis: BCH Reaching Crucial Juncture
Bitcoin cash price is facing a strong resistance near the $212 area against the US Dollar.The price is showing a few positive signs above the $202 and $192 support levels.There is a crucial bearish trend line forming with resistance near $212 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a strong rise if it breaks the $212 and $215 resistance levels.Bitcoin cash price is likely approaching the next key break against the US Dollar. BCH/USD must surpass...
Read More »Bitcoin Forex Brokers: Things You Should Know
Nowadays, everyone knows what Bitcoin is. In fact, more and more people learn about cryptocurrencies overall – and not only about the biggest one out there. As a result, many individuals want to take advantage of this new type of currency.Even if cryptocurrencies have been here for a while, people only now understand how beneficial they can be to their finances, especially in terms of trading. Therefore, they started looking for forex brokers that trade in Bitcoin as well.However, there are a...
Read More »Market Sentiments Weighed on Ethereum: Microsoft News and China’s Crypto Inclination
Microsoft and the blockchain gaming company Enjin have launched a new tokenized rewards program that depends on Ethereum, Azure Heroes and is running the plan in few nations in Western Europe. The Seattle-based technology colossus has printed about 12,000 non-expendable “badger” tokens using the ERC-1155 Ethereum token standard, initially proposed by Enjin‘s co-founder Witek Radomski.Although Microsoft is related to some blockchain companies given the most recent statement, the company,...
Read More »Morgan Stanley Developers Launch Crypto Derivatives Exchange Phemex
As the crypto markets continue to move on a roller coaster, it seems like adoption is growing steadily. A group of eight former Morgan Stanley core developers announced the launch of Phemex. Phemex is a ‘high-speed’ cryptocurrency derivatives platform that is well-designed for the retail and institutional investors. The new firm is based in Singapore.In a December 4 press release, the former Morgan Stanley developers came with big claims that the platform is ten times faster than the...
Read More »EOS Price Analysis: Bulls Facing Uphill Task
EOS price is struggling to continue above the $2.750 and $2.820 resistances against the US Dollar.There is a decent support forming near the $2.500 and $2.535 support levels.There are two major bearish trend lines in place with resistance near $2.750 and $2.820 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could only start a strong upward move once it settles above the $2.850 level.EOS price is facing a lot of hurdles for a bullish wave against the US Dollar and...
Read More »Litecoin (LTC) Price Analysis: Risk of Additional Losses
Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...
Read More »Bitcoin Halving 2020 Won’t Have Strong Influence on Bitcoin Price, Says Jason Williams
Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.— Jason A. Williams ? (@JWilliamsFstmed) December 1, 2019While halving refers to the reduction by half of the Bitcoin rewards that are given to miners every four...
Read More »ETH/USD: Is Ethereum Underpriced?
The Ethereum project ETH token kept on sliding during the last exchanging session of the earlier week and eradicated another 7.9 percent of its value. It was decreased to $139 shutting the seven days with a 24 percent loss.The ETH/USD pair was very unstable on Monday, November 25 and was exchanging the $132-$152 zones. The bulls figured out how to abstain from breaking underneath the $130 handle and effectively raised the value to $145, including about 3.5 percent.Next is on Tuesday, November...
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