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Tag Archives: Trading

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...

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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...

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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...

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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...

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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...

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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...

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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...

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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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First Week Performance of Bakkt’s Bitcoin Futures Remains Disappointing

Last week, the Intercontinental Exchange (ICE) launched its regulated Bitcoin Futures contracts. While there was a lot of buzz before the launch, Bakkt failed to make an impact on the market.The Bakkt futures contracts saw very lukewarm response from investors. With one week since its launch, the Bakkt futures contracts have just $5 million in total trading. Bakkt’s Bitcoin futures contracts come in two options – daily and monthly settlement. The daily contracts settlements have received an...

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Unabhängiges Ratings Council für Cryptocoins gegründet

Große Cryptocoin Börsen haben sich zusammengeschlossen, um ein unabhängiges Ratingssystem für Crypto Token zu kreieren. Als Crypto Ratings Council (CRC) hat diese Partnerschaft der Crypto Börsen eine Bewertungsplattform geformt, die uns ein unabhängiges System für die Seriosität von Cryptocoins liefern soll.Crypto News: Unabhängiges Ratings Council für Cryptocoins gegründetCoinbase, Circle, Bittrex, Kraken und weitere US Crypto Börsen sind Teil des Zusammenschlusses, der den CRC bildet. Schon...

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