Huobi global expanded support for Visa and Mastercard credit and debit cards which will allow its users to make transactions on the platform itself without being redirected to a third-party portal, according to a release shared with AMBCrypto today. The new payment service is being provided by Huobi Technology, a regulated DLT firm by the...Read More
Bearishness after a shift from the upward rallies of last week was the highlight of the trading charts at press time. Bitcoin SV and Maker after facing rejection at important resistance levels, managed to display a recovery, but strong selling pressures persisted for the two alts. The bear market for DASH, however, they might still...Read More
At the time of writing while bearishness on the charts from the morning lows was visible, price recovery attempts towards the second half had also started. The bearish sentiment in EOS quickly turned into a strong price recovery move, with EOS bulls regaining control of the short-term market. Algorand’s recovery still not as strong, but...Read More
Crypto Fear and Greed Index dropped from 75 to 61 as Bitcoin was quite volatile the previous day, going as high as $13,250 and dropping to as low as $12,785. This could have spooked some traders and shifted sentiment from euphoria to a little less ecstatic. Binance Coin posted strong gains. IOTA exhibited a bearish...Read More
A pullback from the red zone for Crytpto.com Coin (CRO) and Tezos suggested that a strong reversal cannot be ruled out for the two alts, as they attempted to retrace gains from the previous week. While technical indicators for the Tezos and CRO market underlined bullish sentiments, a strong descent to the downside was visible...Read More
With the latest updates, of Digital Yuan’s testing and launch, and the US Presidential elections coming closer, retail traders’ attention is now on Bitcoin. In the previous price rallies, the trend was that Bitcoin led the altcoins, and ETH, XRP, and other altcoins from the top 10, based on market capitalization, followed closely. However, this...Read More
News of PayPal entering the crypto space was greeted with joy, but cynics were quick to point out that the Bitcoin Network might ultimately lose value if large chunks of BTC were concentrated in the hands of a few entities, although this could be unlikely to occur. At press time, Bitcoin held $13,000 despite a...Read More
INX Limited has today announced that it will acquire the Chicago-based Openfinance Securities, a broker-dealer that recently launched a digital securities trading platform. Subject to regulatory approvals, and other conditions, INX said it would acquire Openfinance’s business as well which includes its systems, digital asset listings, client base, and licenses, according to a release shared...Read More
A spike in selling pressure followed by a sudden price recovery was witnessed in the Cardano market, as volatility levels remained quite high. Monero was seen rising on its trading charts with the digital asset maintaining a bullish stance for the short-term period. Zcash dropping back to its support level, at press time continued to...Read More
Central Bank Digital Currencies may take months to materialize in the US, the European Union, or Japan, however, the People’s Bank of China is eager to gain a first-mover advantage here. On Friday, as a part of the fast track digitization of the Yuan, the PBOC published draft legislation to turn the digital Yuan into...Read More
The wave of crypto adoption has been forming and DBS Bank, Singapore’s largest bank has decided to participate in it. On 27 October the bank announced the launch of its “DBS Digital Exchange”, which now appears to have been deleted. However, this announcement was captured by many through screenshots and has been circulated far and...Read More
Although Cardano made its way into the top-10 assets yet again, competition from Bitcoin SV remains active and ADA itself continued to exhibit extreme uncertainty. Without a clear direction in the charts, ADA is struggling to manifest a clear trend in the industry. With a market cap of $3.22 billion, ADA’s value depleted by 2.07...Read More
XRP was forming a bullish triangle and could breakout to the upside but there was a notable lack of buying volume in recent days. Tron attempted to break out but bears stood firm, and at press time the bears were in control of the market. BAT was forming a series of lower highs as it...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Ethereum has been the most-relied upon smart contracts platform since ‘smart contracts’ became a thing. Despite ICOs raising billions and many projects promising the world, none of them have come close to competing with...Read More
Toyota Systems, a wholly-owned IT subsidiary of Toyota Motor Corporation announced today that it is experimenting with a digital currency solution as part of a new pilot project with DeCurret, a Japanese cryptocurrency exchange. This new project involves automating payments with its private digital currency to its 2,500 staff at Toyota Systems. The payments made...Read More
Bitcoin Cash, while it shared some of the positive sentiment around Bitcoin, could be set to retest a support level, before moving north on the charts once more. Further down the crypto-ladder, IOTA formed a bullish pattern, but failed to break out upwards and it could be set to register losses over the next days. Finally,...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice While Bitcoin rallied above $13,000 once again, at press time, a few other altcoins were also making a dash for their immediate resistance levels. 10th-ranked Bitcoin SV’s price rose by 12.46 percent over the...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Tezos has struggled to relive itself from the vice grip of the market’s bears, and bullish periods for the token have been few and far between since the 2nd week of August. With a market...Read More
Tron rose above a descending trendline on its charts, but it would need to register further gains before the bulls can wrest control of the market from the bears. Cosmos was retracing its recent gains and appeared to be headed towards the $5-level once more. Finally, Crypto.com Coin could not find significant buyers after registering...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Binance Coin has taken long strides in the industry over the past year, not just as an exchange token, but in many ways. The most recent one was its entry into DeFi, which, since...Read More
Bitcoin’s bullish momentum was not shared by the altcoin market. Stellar Lumens was noting bearish momentum in the short-term and it could touch $0.82 over the next few trading sessions. Algorand retested a level as resistance and could be set to see further losses on the charts. Further down the crypto-ladder, Enjin Coin strengthened its...Read More
Bitcoin’s dominance was as high as 61.85, at the time of writing, with the figure remaining resolutely above 60 for a few weeks now. This indicated that the altcoin market was not seeing as much growth as Bitcoin, which was trading at $13,149. EOS registered higher highs over the past couple of weeks, but the...Read More
Bitcoin broke past the $13,000-level over the last few days, before pulling back to $12,937, at press time. This has only furthered the cryptocurrency’s store of value narrative, with Michael Novogratz, CEO of Galaxy Digital, recently claiming that Bitcoin would not be used as a transaction currency five years from now. In fact, a lot...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Cardano, the cryptocurrency ranked 10th on the charts, was on quite an upwards trajectory for most of the second and third quarters of 2020. Since July, however, ADA seems to be doing nothing, but correcting...Read More
Bitcoin’s dominance was recorded to be 61.75, at press time, with the index noting a figure of over 60 for a week now. In fact, Bitcoin was also noting some gains on the charts, having risen above the $13,000-level. Monero shared this bullish sentiment and was also noting gains, while Polkadot exhibited a bearish divergence....Read More
The Crypto Fear and Greed Index noted an extremely greedy figure of 76 for the day, a figure that was higher than the previous day’s 73. XRP was forming a bullish pattern right under a level of resistance, while Augur lacked the momentum to move the asset upwards or downwards on the charts. However, it...Read More
While Bitcoin did climb to $13,361 on the charts, it was soon forced to drop down to $13,016 in a matter of minutes. The decoupling of Bitcoin from traditional markets can be seen as a long-term bullish sign for the asset. Further down the crypto-ladder, Litecoin could be set to retrace some of its recent...Read More
Chainlink was recording strong gains on the charts amidst speculation that its rally could be stronger than Bitcoin’s once again, like it was in July. Bitcoin had climbed to $13,300 at press time and it might just head higher, with many other altcoins posting gains too. However, while Waves noted a bearish divergence, Dogecoin continued...Read More
With Bitcoin seemingly consolidating just below the $13,000-level, buying momentum for most alts has also subsided over the weekend. In fact, technical indicators for NEM and VeChain turned neutral from bullish as some selling pressure started to creep into the market. Cardano too seemed to lose bullish momentum as it faced rejection at a key...Read More
At the time of writing, Monero had recorded gains of just over a percent, in the last 24 hours. However, the digital asset, over the next few trading sessions, could be expected to rise towards a crucial pivot level, ensuring a bullish rally. STEEM, on the other hand, maintained a neutral outlook as consolidation possibilities...Read More
