Coinbase, that is a well-known large crypto exchange based in the U.S., has taken a decision to reinstated GBP moves targeted at its UK users. This has become known from the recently published official blog post.The company has further incorporated full support for five brand new crypto assets: XRP, Stellar (XLM), Augur (REP), 0x (ZRX) and Basic Attention Token (BAT) – to GBP digital wallets as the firm reported on a material day. Successful Cooperation between Coinbase and Clearbank Last...
Read More »Vanguard Group to Disrupt FX Market Via Blockchain-Powered P2P Trading Platform
Photo: Vanguard / LinkedInThe Vanguard Group is currently running tests on a new foreign exchange (FX) service which is powered by blockchain technology and will run peer-to-peer. The mutual fund giant is doing this to encourage asset trading and make this activity easier for managers, letting them trade currencies without the costs associated with involving the big investment banks.Bloomberg reports that a familiar source close to the project has revealed that the platform has already been...
Read More »Should I Buy and Sell XRP in 2019?
XRP is the third-largest cryptocurrency by market cap and it is probably the only cryptocurrency with established relationships with traditional financial institutions. If you’ve been following cryptocurrencies, you’ll probably be wondering if you should buy XRP in 2019. XRP was released in 2012 by Ripple Labs Inc with the singular aim of becoming a blockchain-powered solution for sending money across borders seamlessly.You probably won’t be excited to buy XRP in 2019 when you consider the...
Read More »Bitcoin Cash Analysis: BCH Facing Key Resistance Near $250
Bitcoin cash price is currently correcting higher after testing the 200 support against the US Dollar.The price is facing a lot of hurdles on the upside near $240 and $250.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could test the $240 and $250 resistance before it resumes its decline in the near term.Bitcoin cash price is trading in a bearish zone below $250 against the US Dollar. If BCH/USD...
Read More »U.K. Report Suggests Institutional Investors Very Interested in Crypto
Perhaps institutional players aren’t that hard to come by. Perhaps they are interested in crypto after all, and perhaps they do want to diversify their portfolios with new technology.Institutional Investors Are More “Forgiving” Than We ThoughtThat’s the sentiment of a London-based OTC firm known as BCB Group. According to a new report issued by the organization, institutional investors are still intrigued by bitcoin and its crypto cousins despite the nasty price falls we’ve been witnessing as...
Read More »Vega Completes $5M Seed Round For Decentralized Derivatives Trading Protocol
Vega Protocol, a fully decentralized trading technology platform, has just announced it has successfully concluded a seed round and raised more than $5 million. The funding round was led by Pantera Capital and also had a few others as participants, including Xpring (Ripple), Focus Labs, Rockaway Blockchain, KR 1, Hashed and RSK Ecosystem Fund, among others.According to a press release, Vega’s aim is to provide a blockchain network that will allow traders to make beneficial moves for...
Read More »EOS Price Analysis: Upsides Remain Limited, Sell On Rallies?
EOS price is currently correcting higher after it formed a support base near $2.650 against the US Dollar.The price is facing a lot of hurdles on the upside near the $3.050, $3.100 and $3.350 levels.There are two bearish trend lines forming with resistance near $3.050 and $3.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher towards $3.100 or $3.350, but upsides are likely to be contained.EOS price is currently trading near key resistances...
Read More »Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $60
Litecoin price declined recently and traded below the $55.00 support against the US Dollar.LTC price is currently consolidating losses near the $55.00 level, with many hurdles on the upside.There is a major bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could recover in the short term, but $60.00 and $62.00 are likely to protect gains.Litecoin price is currently in a negative zone against the US Dollar and...
Read More »Cardano (ADA) Price Analysis: Crucial Consolidation Above Key Support
ADA price started consolidating losses above the $0.0350 support area against the US Dollar.The price is facing a strong resistance near the $0.0400 and $0.0420 levels.There is a key bearish trend line forming with resistance near $0.0420 on the 4-hours chart (data feed via Kraken).The price could either start a decent recovery above $0.0420 or it might decline further below $0.0350.Cardano price is struggling to recover against the US Dollar and bitcoin. ADA price could start a decent...
Read More »Bitcoin Price Analysis: BTC Recovery Facing Uphill Task
Bitcoin price is currently consolidating losses above the $7,600 and $7,800 levels against the US Dollar.The price is facing a lot of hurdles near the $8,500 and $8,800 levels on the upside.There are two key bearish trend lines forming with resistance near $8,420 and $8,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to struggle in clearing the $8,420 and $8,500 resistance levels in the near term.Bitcoin price is trading in a bearish zone below $9,000...
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