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Tag Archives: Trading

Bitfinex is Set to Launch Options and a Gold-Backed Tether in Q1 2020

With many issues that have made premier cryptocurrency exchange Bitfinex controversial, it seems that the exchange is set to get its groove back in 2020 as per revelations by its CTO Paulo Ardoino in a podcast with the BlockCryto. In the podcast, Paulo discussed a wide range of issues ranging from the allegations of market manipulations to upcoming products that Bitfinex plans to offer including options and a gold-backed stablecoin.While much has been said about Bitfinex’s growing Twitter...

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Cardano (ADA) Price Analysis: Struggling, Primed To Retest $0.0400

ADA price is facing a strong resistance near the $0.0445 and $0.0450 levels against the US Dollar.The price is likely to break the $0.0425 support and it could correct lower.There is a connecting bullish trend line forming with support near $0.0430 on the 4-hours chart (data feed via Kraken).The price could bounce back as long as there is no close below $0.0405 and $0.0400.Cardano price is currently correcting lower against the US Dollar and bitcoin. ADA price might extend its correction...

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Bitcoin Price Analysis: BTC Could Test $8.3K Before Recovery

Bitcoin price is currently under pressure below the $9,070 resistance area against the US Dollar.The price is holding the $8,600 support area, but it remains at a risk of more losses.There is a major bearish trend line forming with resistance near $8,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to break the $8,600 support area and it might soon test the $8,300 support.Bitcoin price is showing a few bearish signs below $8,900 and $9,070 against the...

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The Royal Bank of Canada to Launch Its Cryptocurrency Exchange

Photo: RBCThe biggest Canadian bank, Royal Bank of Canada (RBC), might just possibly launch its own cryptocurrency trading platform. Media sources familiar with the situation said that RBC, that has more than $965 billion in total assets, has applied for four patents in Canada and the U.S. Those patents, according to the sources are showing the ways of how it could integrate cryptocurrencies into its operations.As per the patent: “To individual users, managing cryptographic keys and...

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BnkToTheFuture to Expand Its STOs Business to the U.S. Market

The online investment platform known as BnkToTheFuture is yet again on another ambitious move and this time, its sights are fixed on the U.S. market. Knowing that without authorization from the Securities and Exchange Commission (SEC) such expansion is impossible, the company invested in a U.S. broker-dealer that has the full license from the SEC to conduct its security token offering business (STOs) in the United States.This move was made known to investors in a statement released on Nov. 7,...

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CoinMarketCap Liquidity Trackers Evolve: a New Main Standard?

CoinMarketCap was established back in 2013, and it has seen a wild history full of glory and shame. We won’t be coming back to all the episodes of CMC rising. Let’s say it is exciting. Within this piece, let’s talk a bit about their recent improvement. Coinspeaker loves improvements, and here’s the one you should at least know about.CoinMarketCap Liquidity Matter More Than Fake VolumesCMC introduced its new service for measuring exchanges liquidity, which is a new primary metric that they are...

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Bitcoin Price Jumps Up and Down Resulting in Market Losses of $90 Million

Most Bitcoin traders’ open positions were threatened yesterday by a swift and sudden spike in Bitcoin prices between 11:15 am Eastern and 11:21 am Eastern. Bitcoin prices increased from $8,787.11 to $9,123.34 within that time range. Insiders and cryptocurrency enthusiasts attributed the sudden spike to liquidations of short positions worth about $58.04 Million.Most of the gains made at the start of trading were retained but before the end of trading the support price of $9,000 was defeated...

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Tron (TRX) Price Analysis: Remains At Risk Of Downside Break

Tron price is facing a major resistance near the $0.0200 and $0.0204 levels against the US Dollar.TRX price is struggling to stay above the key $0.0185 support area.There is a major bearish trend line forming with resistance near $0.0195 on the 4-hours chart (data feed via Bitfinex).The price could start a substantial decline if it fails to stay above the $0.0185 support area.TRON price is trading in a contracting range against the US Dollar and bitcoin. TRX price remains at a risk of a...

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Top Ten Reasons to Trade on PrimeXBT

To stay ahead of the competition, PrimeXBT is always seeking new ways to bring profitability to traders, or to improve the overall trading experience by listening to feedback, regularly updating the platform, and constantly releasing new, innovative features, additional assets, and much more. PrimeXBT provides traders with the most advanced tools and reliable trading engine on the market. But there is so much more what makes PrimeXBT the top platform for traders of any experience level. Here...

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Ethereum Price Analysis: ETH Trading Above Key Supports

Ethereum price is struggling to surpass the $192 and $194 resistance levels against the US Dollar.ETH price is somehow holding the key $182 and $180 support levels.There is a major bullish trend line forming with support near the $184 level on the 4-hours chart (data feed from Coinbase).The price could start a sharp decline if it fails to stay above the $182 and $180 support levels.Ethereum price is showing a few bearish signs below $192 against the US Dollar. However, ETH price is still...

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