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Tag Archives: Trading

As Bitcoin, Ethereum, XRP and Litecoin Slump, Chainlink Soars

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...

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Bitcoin Cash Analysis: BCH Tumbling, $200 Holds Key

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...

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ShapeShift Launching FOX Coin to Compete on ERC-20 Market

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Monetary Authority of Singapore Considering Bitcoin and Ethereum Derivatives Trading

According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to...

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EOS Price Analysis: Sell On Rallies Towards $3.250

EOS price is back in a bearish zone below the $3.300 support area against the US Dollar.The price is currently trading above the $3.000 support area and struggling to correct higher.There is a key contracting triangle forming with resistance near $3.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $3.000 support area.EOS price is facing an increase in selling against the US Dollar, similar to bitcoin. The price is...

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Litecoin (LTC) Price Analysis: Primed To Test $50 Before Higher

Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...

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Bitcoin Preis stabil, doch Analysten warnen

Es ist wieder ruhiger geworden, um den Bitcoin-Preis – ist es nur die Ruhe vor dem Sturm? Zum Jahresende könnte es noch einmal rund gehen, allerdings sehen einige Analysten eher die Bären vorne und warnen vor eine Abwärtsbewegung, die den Bitcoin-Preis im Dezember halbieren könnte.Bitcoin News: Bitcoin Preis stabil, doch Analysten warnenZurzeit stagniert der Bitcoin Kurs um $8.000. Doch während Optimisten noch einen Bullen-Run erwarten, sehen die Pessimisten den Bitcoin in einem Abwärtstrend....

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Ripple’s Technological Advantage Forms Positive Outlook for XRP: Here’s What to Expect

Ripple co-founder Chris Larsen said he thought digital assets such as XRP would play a major role in the movement of money around the world. Recently, Larsen discussed the role of digital assets in the economy and the regulatory environment that must exist to advance blockchain and crypto.Ripple is the blockchain that has the highest number of transactions recorded on its blockchain in recent days. Having 1,151,101 more transfers which were almost 54% higher than the transactions executed on...

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Cardano (ADA) Price Analysis: Targets Fresh Lows Below $0.040

ADA price failed to break the $0.0460 resistance and declined recently against the US Dollar.The price is now trading below the $0.0425 support, with a bearish angle.There was a break below a key bullish trend line with support near $0.0424 on the 4-hours chart (data feed via Kraken).The price remains at a risk of more downsides below $0.0410 and $0.0400 in the near term.Cardano price is currently facing a fresh round of selling against the US Dollar and bitcoin. ADA price is likely to face a...

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