Tag Archives: Trading

Anthony Pompliano, a Bitcoin bull enthusiast, says that the hysteria surrounding the price of the BTC will probably increase more and more until there is “real blood on the streets”.In a new note to investors, Pompliano points out that Bitcoin has always forced weak hands to surrender, through extremely volatile cycles of new and arbitrary highs and lows.When Bitcoin reaches extended periods in an accumulation phase, it has always been caused by violent epidemics that have left investors...

Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...

Stellar lumen price is down more than 20% and it recently traded below $0.0600 against the US Dollar.XLM price is currently sliding and it seems like it could soon test the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is unlikely to correct higher unless the bears fail to push the price below $0.0512.Stellar lumen price is sliding heavily against the US Dollar, similar to bitcoin. XLM price...

Ripple price is down more than 20% in the past few days and settled below $0.2500 against the US dollar.The price is currently trading in a bearish zone and it recently tested the $0.2000 area.There are two major bearish trend lines forming with resistance near $0.2185 and $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to decline further and it could even trade below the $0.2000 support.Ripple price is tumbling below key supports against the US...

Bitcoin futures platform Bakkt has reached a new all-time high of $20 million or 2,728 contracts. This comes as many have been wondering if the launch of the platform by Intercontinental Exchanges (ICE) was just a fluke or an attempt at trying to take over the crypto space.The recent development shows that this trading volume observed on November 22 is 66% higher than on the previous trading day and about 30% higher than the last all-time high which occurred on November 8.According to the...

Blockchain activists used to praise Bakkt for introducing Bitcoin-settled futures. From the “OG” standpoint, any Bitcoin-alike asset looks somewhat shady if it is not backed by a government or a company with astronomical budgets and shiny names in the board of directors.But “Bitcoin free” trading is considered normal among many of the crypto activists. However, the recent announcement made by ICE regarding the Bakkt futures made traders wonder. They took an aggressive approach and asked ICE...

Cryptocurrency markets have been losing ground in recent weeks due to the lack of a positive catalyst. And Ethereum is also under this trend.While most other cryptocurrencies are struggling to maintain their support levels, the ETHUSD pair has not given up much ground. Therefore, during the next upward movement, it is likely that the pair is leading the rally. Therefore, we do not recommend participants to close their long positions yet. They may add a stop loss on the price level at $...

Kraken, one of the world’s leading crypto exchanges based in San Francisco, has introduced a mobile version of its Kraken Futures trading app.Futures Trading in the palm of your hand. Hot on the heels of our Kraken Pro app, The new Kraken Futures mobile app is now live! https://t.co/MpG0ToYlgO— Kraken Exchange (@krakenfx) November 21, 2019Kraken Futures is a professional platform for trading derivatives on digital assets. Regulated by the Financial Conduct Authority, Kraken Futures allows...

While major cryptocurrencies such as Bitcoin, Ethereum, XRP, and Litecoin have seen significant drops in value and have taken most of the press attention, one smaller token Chainlink has actually doubled in value in recent times.The cryptocurrency market saw its highest recorded values for the year in the month of June 2019 but since then, has struggled to maintain this momentum. Following reports of Binance’s Shanghai office being closed down by the authorities which were later debunked, the...

Bitcoin cash price is declining and it recently broke the $238 support area against the US Dollar.The price is struggling to recover and it seems like it may even break the $215 support.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses towards the main $200 support area.Bitcoin cash price is tumbling below $238 and $220 against the US Dollar. BCH/USD is likely to test...