European Central Bank board member Yves Mersch has warned against Facebook’s charming but treacherous promises on Monday, 2nd Sept. He said, “Libra currency may sabotage the ECB’s ability to manage the economy and threaten the euro itself” Further, he added, “Libra may lower the ECB’s control over the euro, depending on Libra’s level of acceptance...Read More
VC firm Andreessen Horowitz Co-Founder Marc Andreessen reportedly delivered the opening remarks to a cadre of Washington regulators. | Source: REUTERS/Lucy Nicholson By CCN Markets: Angel investment and venture capital firm, Andreessen Horowitz, has taken an “unusual” measure in the fight against Washington’s clampdown on cryptocurrency. To secure its stake within the emerging crypto industry,...Read More
Bakkt has been approved, and starting Sept. 6, clients will be able to deposit their funds into the Bakkt Warehouse, in anticipation of trading beginning on Sept. 23. Is this time different or will the market reaction to this latest institutional product launch echo that of the CBOE futures launch in December 2017 — which...Read More
EOS/USD has gone up from $3.27 to $3.33 this Monday. The Elliott oscillator shows two straight bullish sessions. EOS/USD had a bullish Monday wherein the price went up from $3.27 to $3.33. The price has gone up further to $3.34 this Tuesday. The hourly chart shows that price faced resistance around $3.27 and fell to...Read More
Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar.The price is currently consolidating below the next key resistance at $10,500-$10,525.This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently trading...Read More
Binance announced acquisition of cryptoasset derivatives trading platform JEX on Monday, 2nd Sept 2019. JEX now becomes Binance JEX with the acquisition. Binance will now handle JEX team as well as token. JEX token now will focus on delivering cryptocurrency derivatives to Binance users. Including, futures contracts, options, and other derivatives Interestingly, Binance also introduced...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
The world’s second largest crypto asset has taken a beating recently. Not only has Ethereum price collapsed below $200 but it is constantly hounded by the majority of the crypto community which remain blinded by the performance of its big brother.Ethereum Remains AsleepIn terms of price action, there are not many positive things to say...Read More
The total crypto market cap recovered nicely and broke the key $250.0B resistance area.Bitcoin price is up more than 7% and it recently climbed above $10,400.Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance.Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels.BCH price...Read More
Ripple price started an upside correction above the $0.2600 resistance against the US dollar. The price is facing a strong selling interest near the main $0.2650 resistance area. Yesterday’s highlighted major bearish trend line was breached with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is...Read More
This year has been all about Bitcoin. Even the handful of altcoins that have made good gains are now losing them as BTC crushed them all with its increasing market share.Bitcoin Dominance at 2 Year HighAccording to charts on Tradingview.com BTC dominance topped 72.5 percent today. Its recent move back into five figures has kept...Read More
Monday, Sept. 2 — Markets are bouncing back and showing upward price movement, after trading sideways for the better part of the day. Market visualization. Source: Coin360 The Bitcoin (BTC) price is showing impressive price movement, after trading close to $9,700 for most of the day. At press time the number one cryptocurrency is trading at...Read More
Battle of Binance Futures 10,000 BNB and 50% trading fee discount for a full month up for grabs Binance has announced the launch of two Binance Futures Testnet platforms and conducting a competition to allow its customers to choose one. In this “Battle for Binance Futures,” the world’s leading cryptocurrency exchange is giving away a...Read More
ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin price surged more than...Read More
According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. You Can’t be a Central Bank During the European Central Bank conference in Frankfurt, Yves Mersch, an...Read More
Many retail stores would like to welcome the added business that the crypto community brings, but find that they don’t have the capability to do so within their existing payment infrastructure. One company bridging this gap is Slovenian startup Eligma which is now set to start global expansion with an infusion of cash from Bitcoin.com...Read More
ETH Price Analysis – September 2 Ethereum price moves to break the $180 resistance level as the coin maintains its upward movement. ETH/USD Market Key Levels:Resistance levels: $200, $210, $220Support levels: $150, $140, $130 ETHUSD – Daily Chart Ethereum has performed better than other coins in recent weeks. Although the ETH price is progressing slightly,...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
The bitcoin price increased from $9,766 to $10,500 as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. | Source: Shutterstock The bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. Prior...Read More
