Stellar blockchain is now officially a part of the Samsung Blockchain Keystore. Stellar Development Foundation, a non-profit organization responsible for the cryptocurrency network’s growth and development announced today. It’s a Match for Stellar and Samsung In a press release shared earlier, the Stellar Development Foundation (SDF) announced the integration of the Stellar blockchain network into...Read More
A common topic of discussion over the past couple of months has been the stalling price of Bitcoin. After its halving in May, the major asset repeatedly failed to breach $10,000, and other than short-term consolidation above the resistance, BTC was unable to sustain a higher position. Source: CryptoCompare London-based data service CryptoCompare revealed in...Read More
An ongoing scam is being promoted on Twitter through some of the biggest accounts of major cryptocurrency companies and proponents. These include the world’s leading exchange, Binance, the US-based exchange Coinbase, as well as the account of one of the best-known Bitcoin proponents, AngeloBTC, and even Winklevoss’ Gemini. Ongoing Crypto Scam In the past few...Read More
Chainlink continues its bullish sentiment after seeing some correction on Monday. Current ATH around $9 The price is likely to reach $10 in case the bullish momentum proceeds. LINK/USD: Chainlink Resumes The Buy Pressure Key Resistance Levels: $8.9 – $9, $9.5, $10 Key Support Levels: $7.83, $6.86, $5.7 After climbing above $5 earlier this month,...Read More
Defi is seeing quite a bit of improvement with over 15,000 BTC locked in. Another reason for Defi taking off is the success of the Compound platform’s Comp token. At press time, over 85,560 Comp tokens have been distributed to users. With each token priced at $160, this value comes up to $13.6 million at press...Read More
Disclaimer: The following price prediction should materialize over the next two weeks. When XRP registered a recovery of 103 percent after its price drop on March 13th, many were expecting it to follow into the footsteps of other major assets. The likes of Bitcoin, Ethereum were able to ascend near their early highs of 2020,...Read More
Disclaimer: The following analysis attempt to foresee Bitcoin Cash’s [BCH] price movement in the short-term. The cryptocurrency market has been in a Kangaroo phase, where the asset prices swing up and dive down instantly. Bitcoin Cash [BCH], the fork of Bitcoin has been on a downtrend and recently experienced a 5% drop in an hour’s...Read More
The continuous rise of institutional interest towards the cryptocurrency industry is exemplified by Grayscale Investments’ record Q2 2020 earnings report. The large digital asset management company announced today that it had received total investments in Q2 of over $900 million – $400 million more than its previous record. Grayscale’s Best Quarter To date The company,...Read More
Cryptocurrencies have managed to garner a lot of attention from users worldwide and it has forced regulators to take a closer look at the technology. The United States has been cautious in forming guidelines for the cryptocurrency industry and this has been often led to the question regarding whether the United States is lagging when...Read More
Bitcoin’s price has been trading in a very tight range for a while now. The cryptocurrency seems unable to break out in any directions, while in the meantime, altcoins are popping massively. This has led to a 3% decrease in Bitcoin’s dominance, which measures the share of BTC relative to the entire market capitalization. However,...Read More
Cardano has seen a spectacular surge in its price action for the past few months but this might end soon. With ADA’s price approaching an important resistance, there might be a chance for price to retrace/pullback. This is on the higher time frame, however, on the lower time frame, the price is preparing for a...Read More
XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985. The coin is currently battling to climb back above the $0.20 level. Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week. XRP/USD: XRP Bulls Defending 100-day EMA Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels:...Read More
Bitcoin, like the pied piper, has had an overwhelming influence on the market’s altcoins. As the major coin has been restricted between its immediate resistance and support, many altcoins have also been imitating this behavior. However, Chainlink, a new entrant in the CoinMarketCap’s top 10 cryptos, has been proving to be a beneficial investment, when most...Read More
Bloomberg reports that the People’s Bank of China (PBC) intends to begin testing its central bank digital currency (CBDC) on several platforms operated by the food delivery giant backed by Tencent Holdings – Meituan Dianping. China’s CBDC On A Food Delivery Platform Citing people familiar with the matter, Bloomberg informs that the large Chinese web-based...Read More
[PRESS RELEASE – Please see disclaimer] SnapEx, a fast-growing crypto contract trading platform built for both beginner and experienced traders, has revealed an updated website with a fresh new look. This latest change is also launched alongside a permanent 30% reduction in trading fees on the platform. “Our fresh new look with the SnapEx logo,...Read More
There’s a lot of DeFi hype going around. Countless micro-cap projects sub 10 mil market cap. Just remember micro caps are high risk, high reward. Will they catch adoption? Sure big gains are possible, but… Let’s talk first about DeFi itself and what’s behind this hype. Decentralized Finance DeFi is building a new financial system....Read More
Darrel “Bubba” Wallace, who is the only African American to win one of NASCAR’s top three national touring series, is apparently going for victory carrying the Bitcoin logo on his car. The New Look Consists Of BTC and Cash App Logos In a recent post, Twitter CEO Jack Dorsey brought the spotlights to the NASCAR...Read More
BitMEX’s parent company, HDR Global Trading Limited, has established a new holding company structure – 100x. As BitMEX will fall under the new structure, the organization noted that it would enable the platform more freedom to develop new features and opportunities for clients. A New Structure Above BitMEX HDR Global Trading Limited is the company...Read More
On Tuesday, July 21, Coinbase Pro will add support for new order books for Algorand (ALGO), Chainlink (LINK), XRP (XRP) Tezos (XTZ). The new pairs will be: ALGO-EUR, ALGO-GBP, LINK-EUR, LINK-GBP, XRP-GBP and XTZ-EUR, XTZ-GBP. These order books will be available in Coinbase’s supported jurisdictions outside of the United States, where relevant payment methods are...Read More
Major altcoins have displayed their individual price action in the crypto market. For Bitcoin, the price continued to remain around $9.2K with a 24-hour trading volume of $4.9 billion. Source: CoinStats Litecoin retained higher consolidation over the past month but failed to record any significant movement. For Cosmos, it was more positive than the rest and...Read More
Ethereum is currently undervalued and is poised to increase in the long-term, potentially reaching market cap parity with Bitcoin, some analysts claim. Ethereum Might Be Bullish In the Long-Term As Ethereum is getting closer to its 5th anniversary, some market onlookers are waiting for its revival, especially amid the context of the awakening altcoin season....Read More
Bitcoin has been carrying the torch as the largest cryptocurrency in the market and even if it has been down on its luck at the moment, its off-chain performance has been picking up. Projects like Liquid Network, Lightning Network, and DeFi have been proving to drive growth and adoption for the Bitcoin ecosystem. The Bitcoin...Read More
The first signs of decoupling became evident during yesterday’s trading session as the most prominent US indexes market 1-2% gains, while Bitcoin refused to follow and remained firmly in its $9,100 – $9,300 range. On the other hand, the altcoin market sees lots of double-digit price increases and has reduced BTC’s dominance to 62.3%. News...Read More
When Ben, Sam and I came together in 2014 to launch BitMEX, we endeavoured to create a derivatives trading platform worthy of the future potential of the cryptocurrency capital markets. We set about building a fair, transparent, efficient and highly secure platform. We’ve come a long way since those early days, and are immensely proud...Read More
