Photo: BinapexIn a wide row of crypto exchanges, Binapex can be really noted for its safety and speeds of transactions. It is located in Seychelles and is built to provide its users with a reliable platform with which they can track and trade cryptocurrencies like Ethereum, Bitcoin and lots more.Binapex.com stands out from the row of other platforms as it introduces convenience, simplicity, and tight security to the crypto-space through its fiat currency, token, and cryptocurrency exchange...
Read More »Cardano (ADA) Price Analysis: Primed For More Upsides
ADA price is gaining bullish momentum above the $0.0425 resistance area against the US Dollar.The price is likely to break the $0.0450 and $0.0465 resistance levels in the near term.There is a key bullish trend line forming with support near $0.0425 on the 4-hours chart (data feed via Kraken).The price is following a decent bullish path above the $0.0425 and $0.0420 support levels.Cardano price is showing bullish continuation signs against the US Dollar and bitcoin. ADA price is likely to...
Read More »Binance Plans to Add Support for Fiat Currencies of Kazakhstan and Ukraine
In an expansion of its market offerings, indications have emerged that premier cryptocurrency exchange Binance is set to add support for crypto-fiat exchange for the Kazakh and Ukrainian currencies. This comes after the recent addition of support for Nigeria’s currency the Naira which was done in partnership with Flutterwave which is a Nigerian payment gateway based both in Nigeria and the United States.Moreover, it’s worth mentioning that Binance also added the Russian Ruble to the row of...
Read More »Bitcoin Price Analysis: BTC Consolidating Above Key Support
Bitcoin price corrected lower after tagging the $10,550 resistance area against the US Dollar.The price is currently consolidating above the key $8,900 and $9,000 support levels.There is a connecting bullish trend line forming with support near $9,120 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rise again as long as there is no close below the $9,100 and $9,000 supports.Bitcoin price is trading with a positive bias above $9,000 against the US...
Read More »Illinois Resident Invests Half of His Lottery Winning in Bitcoin back in May
Earlier this year, a man from the state of Illinois made a killing, winning $500,000 in a state lottery. Recently, he revealed that half of this fortune has been spent on buying Bitcoin (BTC). He confirmed that back in May, he had purchased about $178,000 worth of BTC and wrote on Reddit:“Did this. Then put half into BTC in May.”Further, he asked to remind him in eight months if his investment is smart money, which Reddit can not agree with.On one hand, the investment seems to be a good one....
Read More »Huobi US to Rival Binance.US as Huobi Global Planning to Freeze Accounts of U.S. Residents
Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative of offering straight forward legislation outlining how to conduct any business in the crypto space. But, the U.S. has dropped far much behind in that arena.Currently, there is no definite framework outlining running businesses and tax payments. Interestingly, there is not even any assurance by the government to...
Read More »Tron (TRX) Price Analysis: Primed For More Upsides Above $0.0200
Tron price corrected lower after trading towards the $0.0230 resistance against the US Dollar.TRX price is currently trading nicely above the $0.0188 and $0.0178 support levels.There is a key contracting triangle forming with resistance near $0.0202 on the 4-hours chart (data feed via Bitfinex).The price could continue to rise once it settles above the $0.0200 and $0.0208 resistance levels.TRON price is consolidating above key supports against the US Dollar and bitcoin. TRX price is likely to...
Read More »Ethereum Price Analysis: ETH Could Surge Above $190-$200
Ethereum price is currently consolidating gains above the $180 support against the US Dollar.ETH price is facing hurdles near the $190 and $200 resistance levels.There is a breakout pattern forming with resistance near the $188 level on the 4-hours chart (data feed from Coinbase).The price is likely setting up for an upside break above the $190 and $200 levels in the near term.Ethereum price is trading above key supports near $180 against the US Dollar. ETH price could rally significantly if...
Read More »Barely a Year In, Nasdaq-Powered DX.Exchange Is Shutting Down
Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...
Read More »Bitcoin-Preis: Kommt jetzt der Robinhood-Effekt?
RobinHood: Das US-Start-up ermöglicht mit seiner App den kostenloses Trading und treibt damit die Digitalisierung des Börsenhanels voran. In Zeiten von Negativzinsen steht die Finanzwelt vor der Aufgabe, ihre Geschäftsmodelle fundamental zu verändern. Denn auch der gesellschaftliche Wandel kommt mittlerweile bei den Banken an. So sind gerade jüngere Kunden nicht mehr bereit, für Standardtransaktionen Geld zu bezahlen. Konstanter Wandel...
Read More »