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Tag Archives: Trading

Coinsbit Rewards $200 in CNB Tokens for User Referrals

Photo: CoinsbitCoinsbit is an Estonia-based crypto exchange launched in 2018 and licensed for trading activities in the EU. The exchange has roughly 43 trading pairs of cryptocurrencies. The most recognized pays include BNB/ETH, BNB/USD, BNB/BTC, ETC/BTC, LTC/ETH, LTC/USD, ETH/BTC, ETH/USD, and BTC/USD.In a bid to remain relevant in the competitive crypto market, the company is introducing several essential services that will assist in differentiating the exchange from the stiff competition....

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Fidelity Digital Asset Is Finally Engaged in a Full Rollout of Its Services

Photo: Fidelity Digital Assets / TwitterAs promised, Bitcoin custodian Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of its custody and trading services, spreading from the limited trial users in the platform’s final test stage.Financial Times reported that by building up its crypto custody business, the focus of the company is to profit from the shortage of classically and traditionally regulated institutions as are banks and other more conservative...

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The Evolving Role of Exchanges

Photo: ShutterstockThe role of a digital asset trading platform has advanced well beyond a forum to arrange trades between buyers and sellers.This expanded role carries with it an evolving set of expectations from speculative traders and investors. It becomes imperative for them to understand the multi-faceted role of a trading platform, and different aspects of cooperation between digital asset projects, the platform, and supporting agencies referred to as Liquidity Specialists or...

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Huobi to Launch Fiat Platform with Lira-Tether Pairing in Turkey in Q4 2019

Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced that this will prove to be a worthwhile investment. He said that the move has come amidst Turkey’s efforts to set up a clearer legal infrastructure for the cryptocurrency market. Reports show that many people in the country already hold...

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Bitcoin Cash Analysis: BCH Could Continue To Slide

Bitcoin cash price is struggling to rebound and is trading below $225 against the US Dollar.The price is currently declining and it could slide below the $210 and $205 supports.There is a key bearish trend line forming with resistance near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break $220, $225 and $230 to start a fresh increase in the near term.Bitcoin cash price is facing a lot of hurdles near $225 against the US Dollar. If BCH/USD breaks the...

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Strategies for AOFEX Digital Currency Financial Derivative NSO

Information determines decision-making, but details determine success or failure. That’s the main principle that should be applied to trading and in this article, we will explain to you how it works.JEX was recently acquired by Binance. After Binance’s announcement, JEX’s token rose and fell sharply in just a few days. JEX should be one of the most professional trading platforms for blockchain derivatives and the world’s first digital currency exchange for option trading which was noticed by...

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Bitcoin Price Struggling to Hold Above $8,000

Bitcoin is currently facing the strongest selling pressure since February. Commentators and analysts think that there is a possibility that it might drop below the recent lows near $7,750. On October 16, BTC price fell below $8,000 in fresh choppy trading after several days of consolidation and slow grind.The top cryptocurrency by market value dropped from $8,326 to $8,086 in an hour to 17:00 UTC on October 15. That confirmed a downside move in the recent trading range of $8,450–$8,250 as...

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EOS Price Analysis: Key Support Nearby But Bias Turned Bearish

EOS price is down more than 10% and it broke the key $3.040 support area against the US Dollar.The price even traded below the $3.000 support area and tested the $2.820 support zone.There was a break below a major bullish trend line with support near $3.110 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a close below the $2.800 pivot level.EOS price is showing bearish signs against the US Dollar and bitcoin. The price...

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Litecoin (LTC) Price Analysis: Bears Eye Losses Below $50

Litecoin price started a sharp decline after it broke the key $56.20 support against the US Dollar.LTC price is now trading well below the $55.00 and $53.75 support levels.There was a break below a crucial contracting triangle with support near $56.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to stay above the $51.00 and $50.00 supports.Litecoin price is declining and trading below $55.00 against the US Dollar,...

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HODL Is the Best Cryptocurrency Investment Strategy, Says Anthony Pompliano

Now, anyone who is big on cryptocurrencies already knows that Anthony Pompliano is one of the biggest names in the crypto space and whatever he says is law. A such, he recently took to twitter to talk about HODL or keeping digital assets for a long period until such assets appreciate as the best investment strategy. The fact that he is the co-founder of Morgan Creek which is one of the premier Blockchain Venture capital partners in the world gives him credence as one of the “go-to” people...

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