Tag Archives: Trading

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...

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...

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,...

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...

Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...

Digital asset manager CoinShares decided to start working with gold meaning putting this asset on the Bitcoin blockchain.Together with Blockchain that is a wallet solutions provider and MKS (Switzerland) SA that acts as a precious metal trader this British company said on Tuesday they are making a gold-backed network that will be used for token trading and will represent digitized physical gold. The whole project took more than two years to be finalized.As per CoinShares, the network launched...

ADA price is back in a bearish zone below the key $0.0400 support area against the US Dollar.The price is likely to extend its decline towards the $0.0375 or $0.0360 support.There was a break below a major bullish trend line with support near $0.0408 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but the previous support near $0.0408 might prevent gains.Cardano price is currently declining against the US Dollar and bitcoin. ADA price remains at a risk of...

The future seems brighter for the NASDAQ platform with the listing of Cryptoindex’s CIX100 index. Cryptoindex is one of the performing indexes for investors in the cryptocurrency ecosystem.This news is encouraging for the crypto market at large. Openings with such scale, particularly those of neuro-based projects, confirm that classical exchange networks are more than ready for innovation and reflect a massive acceptance that’s looming. Initially, the CIX100 Index was listed on TradingView,...

Bitcoin price is currently declining and it recently failed to surpass the $8,660 resistance against the US Dollar.The price is now trading well below the key $8,400 and $8,300 support levels.There is a declining channel forming with resistance near $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline as long as there is no upside break above $8,300 and $8,400.Bitcoin price is signaling more downsides below $8,200 against the US...

Photo: Binance BlogBinance has partnered with premier exchange-traded product Amun AG to create an ETP that has the BNB token as the primary asset but listed in US dollar value. This development was announced today by the leading cryptocurrency exchange. Trading of the newly developed product (the Amun BNB ABNB) has started on the Swiss SIX exchange today.Changpeng Zhao CEO Binance indicated this in a tweet as well.A MAJOR step. Now you can trade $BNB ETP on Swiss Stock Exchange (Ticker:...