Tag Archives: Trading

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...

Bitcoin cash price is facing a strong resistance near the $240 level against the US Dollar.The price is currently declining, but it might find support near the $220 level.There is a major ascending channel forming with support near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the key $240 resistance area to continue higher in the near term.Bitcoin cash price is struggling to gain bullish momentum above $240 against the US Dollar. If BCH/USD breaks...

Last month on September 23, crypto exchange Binance launched its U.S.-based subsidiary Binance US with the top seven cryptocurrencies available for trading upon launch. The Binance US platform is specifically tailor-made for Americans that functions under regulatory norms and rules.The Binance US platform adopts cutting-edge trading and wallet technology from its parent platform. Recently, to include more trading options, the Binance US has announced the listing of two new altcoins –...

Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...

EOS price is slowly climbing higher and it recently broke the $3.000 resistance against the US Dollar.The price is currently correcting gains, but it remains supported near $3.050 and $3.000.There is a crucial bearish trend line forming with resistance near $3.280 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could rise steadily once there is a clear break above the $3.300 resistance area.EOS price is trading with a positive bias against the US Dollar and...

Litecoin price started an upside correction after forming a base above $52.50 against the US Dollar.LTC price is currently consolidating above the $57.50 level and it could slowly climb higher.There was a break above a key bearish trend line with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip a few points, but it is likely to climb towards the $62.50 and $64.00 resistances.Litecoin price is showing a few positive signs against the...

Photo: Binance BlogCrypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched 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. In its announcement, the crypto exchange said:“Binance has launched P2P trading functionality with BTC, ETH and USDT available...