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Tag Archives: Trading

Bakkt Bitcoin Monthly Futures Trade Set a New Weekly Volume Record of $124 Million

Bakkt is easily one of the most interesting platforms in the crypto market. Operated by the Atlanta-based Intercontinental Exchange (ICE), the platform is designed to push Bitcoin much deeper into mainstream adoption, by offering physically settled Bitcoin futures contracts. Bakkt initially had a very disappointing start, making many believe it wouldn’t amount to much. However, the platform has surprised many, including the naysayers, and has seen impressive and steady growth, as it...

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Binance to Launch Its Troy IEO Tomorrow and Announces New Internal Transfer Feature

As CoinSpeaker has already reported, the Binance Launchpad Platform is all set to facilitate an Initial Exchange Offering (IEO) for a new crypto project dubbed Troy (TROY) tomorrow, December 3. Over the last month starting November 3, Binance has been recording users’ BNB balances.The final BNB balance will be the average of BNB tokens held over the last month. Based on the final BNB balance, Binance will decide the number of tickets a user can get for the TROY IEO.Furthermore, the...

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$7,800 Next as Bitcoin Displays an Indication of Price Leap if CME Futures Gap Fills Up

The Bitcoin CME gap has turned out a tradable situation as of late, in any case, in past weeks, the gap has remained underneath the weekly gap however this isn’t the situation now.On November 29, the CME market left at $7,800, and at the hour of composing, Bitcoin was trading at $7,278.04. This implies if the CME is filled, Bitcoin may encounter a 7% value growth.While the scenario isn’t ensured aftermath, it has turned out an entirely dependable and extraordinary measurement for the...

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Ripple Price Analysis: XRP Near Crucial Juncture, Fresh Decrease Likely

Ripple price is struggling to climb above the $0.2300 and $0.2320 resistances against the US dollar.The price is currently trading near the $0.2200 support area and it could continue to move down.There is a major bearish trend line forming with resistance near $0.2250 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to accelerate lower if it continues to struggle near $0.2300.Ripple price is facing an increase in selling below $0.2300 against the US...

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XRP Displays Incredibly Hopeful Signals

New data demonstrates that Mexican XRP/peso trading volume on Mexico’s Bitso-based digital money exchange hit a record high this month.This expansion is because of the association between Ripple and MoneyGram, which shows that it is as of now moving around 10% of its Mexican peso currency exchange volume through Ripple’s XRP-based installment arrangement, known as ODL.Ripple’s dedication of $ 50 million in value financing for MoneyGram was at long last finished and a second $20 million...

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Bitcoin Cash Analysis: BCH Attempting Crucial Upside Break

Bitcoin cash price is currently recovering and trading above $210 against the US Dollar.The price is struggling to gain momentum above the $222 and $226 resistance levels.There is a major bearish trend line forming with resistance near $222 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a nice upward move above the $221 and $222 resistance levels.Bitcoin cash price is showing positive signs above the $210 level against the US Dollar. BCH/USD is likely...

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Bitcoin Bounces Back above $7500, BTC Futures Market Expects Poor Show for 2020

The Bitcoin price movement over the last week has sent jitters among crypto investors. In the last seven days, the BTC price crashed to $6600 hitting its six-month low. But Bitcoin has bounced back quickly trying to consolidate above $7000 levels.In the last 24 hours, the Bitcoin price is on a northward trajectory surging nearly 10% above $7500 level. At press time, Bitcoin is trading at $7551 with a market cap of $136 billion. This much-needed relief rally has recently got investors’ hope...

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Upbit Hack Is the Seventh Crypto Exchange Hack This Year, but Is It the Last One?

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...

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Litecoin (LTC) Price Analysis: Trading Near Make-or-Break Levels

Litecoin price is recovering nicely and trading above $45.50 against the US Dollar.LTC price is currently trading near a major resistance area at $48.80 and $49.20.There is a significant bearish trend line forming with resistance near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to surge higher once it clears the $49.20 and $50.00 resistance levels.Litecoin price is attempting a crucial upside break against the US Dollar and bitcoin. LTC price...

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General Crypto Sentiment Weighs down on Ethereum as It Breaks a Major Level in USD Pairing

The past week has been anything but positive for the cryptographic industry. Ethereum, the second-largest market capitalization cryptographic asset, also recorded an 8% dump, marking a downward period for the market. Incidentally, the market fell just after the People’s Bank of China revealed that the central bank would close all local encryption centers.Speaking of Ethereum, despite the drop, ETH’s fees have increased by 21.6% over the past week. As observed in the main markets, the increase...

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