Tag Archives: Trading

Even though a cryptocurrency exchange-traded fund (ETF) still has to assemble regulatory approval, Grayscale Investments manage to get a green light from FINRA in order to list, what it calls – the first publicly-traded digital currency index fund.After they’ve got Financial Industry Regulatory Authority’s approval, the so-called Digital Large Cap Fund (DLC) will be listed on over-the-counter markets and trade under the initials GDLCF.This is company’s fourth publicly-quoted investment...

The Chicago Mercantile Exchange (CME) Group, a global derivatives marketplace with a wide range of futures and options products, has said that in the last quarter, its Bitcoin futures offering has increased considerably in popularity. According to the CME Group its open contracts surged by 61 percent in number from the same period about a year ago.The CME Group has said that the reason for this is a significant increase in demand from institutional entities that have increased their appetite...

Tron price is gaining bullish momentum above the $0.0160 resistance against the US Dollar.TRX price is likely to surpass the $0.0172 and $0.0175 resistance levels in the near term.There is a significant bullish trend line forming with support near $0.0161 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it remains well supported near the $0.0155 level.TRON price is trading in a steady uptrend against the US Dollar and bitcoin. TRX price is likely to...

The FXCM Group, an international online platform that offers foreign exchange (FOREX) trading, digital asset trading, as well as contracts-for-difference (CFD), has announced the start of a new offering for cryptocurrency baskets, targeted at the company’s retail patrons.According to an official FXCM press release, the new crypto basket is called CryptoMajor and will allow retailers handle a pool of five different digital currencies at once. The announcement specifies that the assets...

Ethereum price started a steady rise above the $180 resistance area against the US Dollar.ETH price is showing positive signs and it could continue to rise above $195 and $200.There is a crucial bullish trend line forming with support near $182 on the 4-hours chart (data feed from Coinbase).The price is likely to climb sharply once it clears the $188 and $195 resistance levels in the near term.Ethereum price is trading in a bullish zone above $180 against the US Dollar. ETH price seems to be...

Stellar lumen price is trading in a positive zone above the $0.0600 resistance against the US Dollar.XLM price is showing positive signs and is testing the key $0.0640 and $0.0650 resistances.There is a crucial bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair is likely to rise sharply above the $0.0640 and $0.0650 resistance levels in the near term.Stellar lumen price is gaining bullish momentum against the US Dollar and bitcoin. XLM...

Ripple price started a fresh increase above the key $0.2660 resistance against the US dollar.The price is currently showing a lot of positive signs above the $0.2800 resistance area.There was a break above a major contracting triangle with resistance near $0.2580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to climb further higher towards the $0.3000 and $0.3200 resistances.Ripple price is gaining bullish momentum above $0.2800 against the US Dollar....

Two days ago, the biggest cryptocurrency exchange in the world in terms of trading volume, Binance announced it’s launching its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well.That seems like a huge deal because in June this year, the People’s Bank of China (PBOC), the central regulatory authority that regulates...

The chief among other cryptocurrency exchanges by volume, Binance, released a statement on Thursday to notify all and sundry that a new trading pair has been included in its decentralized exchange (DEX), and this will be the second cryptocurrency to be accorded such privilege.The trading pair XRP-BNB is listed as XRP-BF2, and Binance has already minted 10 million of the pair for its decentralized exchange. Before XRP-BF2 came along, Binance had added a Bitcoin pegged variant, BTCB, in June...

The Intercontinental Exchange (ICE) in conjunction with their Bitcoin futures platform Bakkt is reportedly seeking to jump ahead of the CME group to release a Bitcoin options contract. This suggests that it wants to beat its CME rival that is considering a Q1 2020 launch for its Bitcoin option contract.Amsterdam-based Deribit already sells Bitcoin options but they have no standing compared to ICE or CME. Reportedly, BTC options will attract more institutional investors and enhance the...