Tag Archives: Trading

Stellar lumen price declined steadily after it broke the $0.0625 support against the US Dollar.XLM price tested the $0.0575 zone and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0590 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it breaks the $0.0590 and $0.0600 resistance levels.Stellar lumen price is in a bearish zone below $0.0600 against the US Dollar. XLM price might correct higher in the...

Ripple price is facing a strong resistance near the $0.2650 level against the US dollar.The price is currently consolidating and is trading above the $0.2580 support area.There was a break above a crucial bearish trend line with resistance near $0.2585 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could sharply climb higher if there is a daily close above the key $0.2650 resistance area.Ripple price is trading in a broad range below $0.2650 against the US...

HODL! Steigt der Bitcoin-Preis bald auf mehr als 300'000 US-Dollar? Laut einer Analyse des Traders „PlanB“ wird der Bitcoin-Kurs schon bald wieder massiv an Wert gewinnen und bald bei einem Kurs von 300.000 US-Dollar liegen.Der Trader begründet seine Theorie durch Vorgänge aus der Vergangenheit. So seien die starken Anstiege des Bitcoin-Kurses immer mit einer Kapitulation der BTC Miner einhergegangen. Und laut dem Trader „PlanB“ soll genau...

Photo; ShutterstockCryptocurrency exchange Coinbase Pro has announced that it will be adding DASH to the platform starting the next week.In its announcement, the company wrote:“On Monday September 16, 2019, we will begin accepting inbound transfers of DASH to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling full trading. Trading will begin on or after 9AM Pacific Standard Time on Tuesday, September 17, if liquidity conditions are met.”Once that adequate supply of...

Photo: ShutterstockThe Chicago Mercantile Group (CME) has seen a massive surge in the trading volumes for its Bitcoin futures contracts, over the last few months. Taking a step ahead, the CME group has requested the U.S. Commodity Futures Trading Commission (CFTC) to allow it to double the trading limits from 5000 BTC to 10,000 BTC tokens.Currently, CFTC has kept an upper limit of 1000 Bitcoin Futures contracts per individual trader using the CME platform. In a letter to CFTC, the CME Group...

After months of regulatory scrutiny, VanEck-SolidX launched a limited version of its Bitcoin ETF last week. Not having the SEC approval to launch a full-fledged Bitcoin ETF, VanEck planned the limited ETF launch to prove that there’s actually some demand for this investment product in the market.However, it looks like VanEck hasn’t succeeded enough to make an impact in the market. Popular crypto analyst and commentator Alex Krüger recently released some data showing that the VanEck Limited...

The guys at Binance have decided to make things work this time. Their partnership with Paxos Trust is finally going to pay off due to the launch of the token BUSD which is now expected to be listed on the Binance platform next week, as the official press release reads.This was announced today by the Chief Financial Officer of Binance Wei Zhou and the Co-founder and CEO Asia of Paxos Trust Company Richard Teo at the Invest Asia event in Singapore. Wei Zhou excited at the news said:“Launching a...

Photo: BinanceCryptocurrency exchange Binance has already finished the total setup for operations in the United States. In a post on their official medium handle, Binance US using the domain name: binance.us gave the required steps that will ensure users based in the United States get to operate the platform.Binance pulled out of the United States due to uncertainty in the regulatory environment and the US government’s recent anti-crypto stance.The United States Operates by a Different Set...

Litecoin price is correcting lower after trading towards the $75.00 level against the US Dollar.LTC price is likely to remain supported near the $68.00 and $66.00 levels.There is a crucial bullish trend line forming with support near $66.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $70.00 and $72.00 resistance levels.Litecoin price is showing positive signs against the US Dollar, while bitcoin is correcting lower....

Seed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives transactions. That way, Seed CX aims to attract financial institutions to settle derivatives on their platform.The company announced that initially, it will support back-office settlement functions for Bitcoin forwards. Later, the firm plans to add support for options as well, but the approximate time frame wasn’t specified.As the company...