The last seven days weren’t so fruitful for Bitcoin. After trading in a relatively narrow range for a while before that, the BTC price gradually increased to about $9,700 on Wednesday. On the same day, however, the price tumbled during the same day and started declining. Immediately after that, Bitcoin retraced to about $9,000 before...Read More
Bitcoin SV registered a drop under $170 over the past 24 hours dropping down to $167 at the time of writing this article. The market appeared collectively bearish but after analysis, the relative change for Bitcoin SV appeared minimal as the asset seemed to maintain sideways movement over a long period of time. At press...Read More
In this week’s Bitcoin CME COT report, there is an interesting development from professional traders who have successfully pulled a 180 on their positions. This development comes at a time when there has been a tussle between the leveraged funds and the retail players [aka non-reportables]. As seen in the previous reports, the leveraged funds...Read More
At the time of writing, Bitcoin was once again stuck right above the $9,000-mark, with the world’s largest cryptocurrency still recuperating after its latest failed attempt to breach the psychological resistance of $10,000. Bitcoin’s price movement, as usual, had a profound effect on the movement of the market’s fellow alts, with Bitcoin Cash and Tron...Read More
With every passing day, the angst in the cryptocurrency community grows. Bitcoin’s lack of price movement, trading between the $9,000 to $9,500 range for almost two months is now being seen less as a feature of the cryptocurrency on its own, and more of its tie to the larger financial markets. Bitcoin, for the better...Read More
Various companies within the cryptocurrency space have been affected by the Wirecard debacle. It puts a very different spin on the concept of crypto debit cards, as this industry takes another big hit. Most people will have heard of what happened to Wirecard. A Tough Spot for Crypto.com The German firm’s account practices have created...Read More
Bitcoin Bitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back...Read More
Following the drama with Wirecard, the UK Financial Conduct Authority (FCA) has suspended its subsidiary Wirecard Card Solutions to conduct any regulated activities. Since Wirecard Card Solutions issue cryptocurrency debit cards for TenX and Crypto.com, both companies published statements ensuring that customers’ funds are safe, but some operations could be affected. UK FCA Suspends Wirecard...Read More
It’s been a fruitful year for ChainLink (LINK) and its investors despite the pandemic-induced market downturn in mid-March. The project has not only recorded significant partnerships and developments since the start of 2020 but has also seen a massive boost in the number of crypto traders and investors holding the LINK token. LINK Holders Surpass...Read More
After a two-week correction, LRC recently found a bottom and bounced back with 10% gains under 24 hours. It may start a new bullish cycle if the weekly low continues to hold as support. LRC/USD: Loopring Forming Bull Flag Pattern Key Resistance Levels: $0.089, $0.95 Key Support Levels: $0.72, $0.62 LRC/USD. Source: TradingView Earlier this...Read More
Recently, there has been a lot of buzz around the current news regarding PayPal and Venmo. Sources say that the top-notch FinTech companies PayPal & Venmo are said to launch direct crypto sales on their platform. PayPal currently has a user base of around 325 Million, this venture if successfully deployed would make this splendid...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, June 26th, the XRP positions remain weak. The cryptocurrency is generally trading at 0.1818 USD, and the attempts of bounces look too timid to turn out productive. On D1, XRP/USD keeps forming a downtrend. After a bounce off 32.8% Fibo, the quotations are heading for 23.6%, which...Read More
Earn COMP while learning how to borrow crypto and earn interest with Compound Coinbase’s mission is to create an open financial system, where anyone in the world can participate on equal terms from their computer or smartphone. To bring this vision to life, we’ll need to make blockchain technology more accessible, both in the sense...Read More
