Swiss stock exchange SIX announced that they have launched a pilot version of its exchange and central securities depository (CSD) for digital assets.This prototype platform, launched under SIX Digital Exchange (SDX) which is its digital assets branch, is expected to experience the even better performance as it will be proceeding towards a full launch slated for Q4 2020.According to Jos Dijsselhof, who is the head of SIX, the existing system could be completely replaced by the SDX within just...
Read More »Binance’s US Crypto Exchange Will Start Crypto Trading Facility on Tuesday
The world’s largest cryptocurrency exchange by trading volumes, Binance, will debut its trading operations in the United States from Tuesday, September 24. For this, Binance has launched a completely different American subsidiary Binance US following the country’s regulatory laws.Starting Tuesday, Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs. Moreover, Binance US plans to list seven cryptocurrencies immediately upon launch. These include...
Read More »Stellar Lumen (XLM) Price Back To Square One, Can $0.06 Hold?
Stellar lumen price rallied this past week above the $0.0800 resistance area against the US Dollar.XLM price even broke the $0.0900 level and recently started a nasty decline below $0.0800.There is a declining channel forming with resistance near $0.0680 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more losses and it could even revisit the $0.0570 support area.Stellar lumen price is back in a bearish zone after a massive rally against the US Dollar. XLM price...
Read More »Bitcoin Trading on ICE’s Bakkt Futures Platform Breaks $290,000 Barrier
Earlier today, Bakkt announced the live trading for its much-awaited Bitcoin Futures contracts. Bakkt Bitcoin Futures Contracts come with daily and monthly settlement periods along with its safe custodial solution called the Bakkt Warehouse.Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoinWe take our customers’ trust seriously, and are excited to serve this market— Bakkt (@Bakkt) September 23, 2019Bakkt entry to the...
Read More »Ripple Price Analysis: XRP Approaching Crucial Buy Zone Near $0.2650
Ripple price climbed higher sharply after it broke the $0.2650 resistance against the US dollar.The price is currently correcting lower after it posted a new monthly high near $0.3260.There is a major bullish trend line forming with support near $0.2680 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well supported on the downside near the $0.2680 and $0.2650 levels.Ripple price is currently under pressure below $0.3000 against the US Dollar. However, XRP...
Read More »Trading for Bakkt Bitcoin Futures Goes Live But Bitcoin Price Tanks Below $10,000
ICE‘s Bakkt platform has finally announced its Bitcoin Futures contracts going live today, September 23. Bakkt‘s Bitcoin Futures launch comes as per its earlier announced schedule after the U.S. Commodities and Futures Trading Commission (CFTC) gave the exchange a green signal last month.We’re live!The first Bakkt Bitcoin Futures trade was executed at 8:02pm ET at a price of $10,115— Bakkt (@Bakkt) September 23, 2019As part of the announcement, Bakkt provides two contracts – Bitcoin Daily...
Read More »Coinbase Plans to Add Telegram and 16 Other Digital Assets on its Platform
In the latest blog post announcement, Coinbase highlighted a possible addition of 17 new cryptos to its platform including Telegram. As part of the exploratory process, users may see public-facing APIs and other signs that the exchange is conducting engineering work to potentially support these assets.According to that post from the exchange, Coinbase plans to add Dfinity, Filecoin, Handshake, Avalanche, Celo, Chia, Coda, Nervos, Oasis, Orchid, Kadena, Mobilecoin, Near, Solana, Spacemesh,...
Read More »Bitcoin Cash Analysis: BCH Back In Uptrend, Could Breach $340
Bitcoin cash price started a solid upward move above the $300 resistance against the US Dollar.The price is currently trading below the $325 and $330 resistance levels.There is a major bullish trend line forming with support near $308 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could continue to rise as long as it is above the $300 support area.Bitcoin cash price is gaining momentum above $310 against the US Dollar. If BCH/USD clears the $330 resistance it could...
Read More »EOS Price Analysis: Downside Spike Before Renewed Uptrend
EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar.The price is currently correcting gains and declined below the $4.000 support area.There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline further to test the $3.650 support area before it starts a fresh increase.EOS price is currently correcting lower against the US Dollar and bitcoin. However,...
Read More »Bitcoin fällt wieder unter die Marke von 10K
Der Widerstand war zu groß. Der Markt bewegt sich wieder in eine Bärenphase, wobei jedoch noch nicht klar ist, ob der Support hält oder ebenfalls in den nächsten Stunden die Segel streichen muss. Insgesamt verlor der Markt satte 10 Milliarden US-Dollar in weniger als 24 Stunden.Bitcoin News: Bitcoin fällt wieder unter die Marke von 10KSelbst eine kleine Erholung des Kurses um 300 US-Dollar konnte den Bitcoinkurs nicht wieder über die Marke von 10K heben. Weniger als 9.600 US-Dollar war der...
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