Despite the current upside momentum exhibited by the cryptocurrency market, XRP was trading below its crucial $0.23 resistance point and has been tagging slightly above the $0.21 support area. At press time, XRP was trading at $0.22 after posting minor gains of 1.96%. Source: Coinstats XRP’s 1-Hour Chart: Source: XRP/USD on TradingView XRP’s hourly chart...Read More
Holidays are the gift that keeps on giving, at least as far as Bitcoin is concerned. Prime digital asset dealer SFOX has been pondering the Bitcoin holiday price swings, following yet another uptick last week that coincided with the Thanksgiving break. However, the company has concluded that it’s not FOMO driving this volatility. So what...Read More
The divisive project is one of the most active Ethereum contracts. HEX has finally gone live, marking the most recent project of the colorful YouTube personality Richard Heart. As of Dec. 2, 2019, HEX has completed its snapshot, and its tokens are now in circulation. HEX describes itself as a blockchain certificate of deposit —...Read More
Just over a week ago, Bitcoin touched the $6500 mark, which was last seen in May, earlier this year. BTC has made a respectable recovery since then, valued at around $7365 at the time of writing. Bitcoin has a market capitalization of nearly $134 billion, and almost $17.8 billion worth of BTC was traded in...Read More
There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar.The price is currently correcting losses, but remains at a risk below $7,400.There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is currently trading below...Read More
Litecoin noted a sharp fall on 15 November, a fall that caused its price to fall from $59.97 to $55.63. This 7.24% fall was followed by the price of the coin climbing up. However, it fell soon after the rise. The price of Litecoin at the time of writing hovered at around $58.07 with a...Read More
XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. XRP, for instance, has...Read More
Over the past couple of months, Ethereum has been in the bears’ territory. The 2nd largest asset slumped by 42.65 percent since July 8th and the coin ended up breaching key supports which were active resistances at press time. However, there may be an imminent trend reversal for the coin in the future as the...Read More
Despite being at the bears’ mercy in 2019, XRP noted spurs of growth in recovery. After falling over 17% in the month of August, September carried winds of change for the coin as XRP is recording bullish momentum in the market. XRP’s price noted an upsurge of over 4% on September 7 resulting in a...Read More
There was a steady rise in bitcoin price above the $10,500 resistance against the US Dollar.The price is currently correcting lower after it traded to a new monthly high close to $11,000.There is a key bullish trend line forming with support near $10,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).There...Read More
ETH price is finding a strong buying interest near the $165 level against the US Dollar.The price is currently climbing higher and testing a major resistance area near $180 and $182.There was a break above a major bearish trend line with resistance near $176 on the 4-hours chart of ETH/USD (data feed via Kraken).There are...Read More
XRP’s performance has been bearish for most of 2019, and the bears are not ready to quit yet. The coin registered a devaluation of 6.40% on September 6 and the lowest bid was marked at $0.2461, close to its support at $0.2419. The coin has put in a solid effort to recover from the fall,...Read More
It may be the official end of summer, but this week has been a bumper one for the Bitcoin price. Spot markets appear to be reacting to bullish news that institutional involvement is increasing. A SIMETRI Research analysis (below) highlights that if Bitcoin successfully passes $11,000, the market might see a retest of $15,000. Following...Read More
Institutional investors are paying high premiums for shares of the Grayscale Bitcoin Trust (GBTC), which allows them to bet on Bitcoin (BTC) without holding the asset itself. GBTC is an investment vehicle which tracks the spot price of Bitcoin, providing investors from mainstream finance with a familiar means to gain exposure. At the time of...Read More
Bitcoin’s price, which was stuck in a limbo, is facing a tipping point. If the volume is high and the price continues to trend higher, the bulls are back in action. However, if the volume is not enough, BTC prices will face uncertainty, just as Schrodinger’s cat did. In yesterday’s article, Bitcoin’s daily chart presented...Read More
A buoyant sentiment carried into the bitcoin market this Friday as the benchmark cryptocurrency inched towards the $11,000 level.The BTC/USD instrument established a local top of $10,925 on San Francisco-based cryptocurrency exchange at 1215 UTC. The move brought the pair to its 16-day high and further promised to end the week in positive territory. Bitcoin...Read More
Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar.The price is currently testing the key $10,800 resistance area and it might correct a few points.There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
The total crypto market cap is climbing higher and it may soon break the $265.0B resistance.Bitcoin price is now trading nicely above the $10,600 level, with a positive angle.EOS price is currently consolidating near the $3.300 level.Binance Coin (BNB) is gaining momentum and is currently trading above the $22.25 level.BCH price may soon make another...Read More
Ripple price extended its decline and traded towards the $0.2520 level against the US dollar.The price is currently correcting higher, but it is facing resistance near the $0.2570-$0.2580 area.There is a key bearish trend line forming with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains at...Read More
ETH price extended its decline and tested the $170 support area against the US Dollar.The price is currently correcting higher, but it is struggling to break the $175 resistance area.There was a break above a major declining channel with resistance near $173 on the hourly chart of ETH/USD (data feed via Kraken).The bulls need to...Read More
If Andreessen Horowitz has any say in the matter, crypto regulation could be just around the corner. As unsavory as it may sound, Washington tends to be more swayed by powerful interest groups than the will of the general public. And if any sector of the American economy needs a lobbyist to represent its interests,...Read More
Litecoin bulls continued to hover below its previously strong support zone around the $70 mark, despite subtle signs of recovery. After undergoing major losses in August this year, Litecoin, the fifth-largest cryptocurrency by market cap, might be heading for an upward breakout. At press time, Litecoin held a market cap of $4.14 billion and a...Read More
Binance USD (BUSD) – a stablecoin from the world’s largest crypto exchange – has been approved by the New York State Department of Financial Services (NYDFS), which has historically taken a hard line against cryptocurrency companies. The new stablecoin has been developed by the team behind Paxos and will be used within the Binance ecosystem...Read More
Bitcoin looked cautious on Thursday as the United States and China announced that they would restart trade negotiations.Chinese Vice-Premier Liu He and the US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer earlier today spoke over the phone. The two sides decided to meet in Washington in mid-October to negotiate a win-win trade deal.“On...Read More
Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar.The price is currently trading above the $10,500 support and it could continue to rise in the near term.Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair (data feed...Read More
The total crypto market cap is currently consolidating gains below the $265.0B resistance area.Bitcoin price corrected gains, but it is still trading above the $10,500 support area.BCH price is struggling to move above the $300 resistance and is currently correcting gains.EOS price is currently consolidating gains near the $3.300 support area.Stellar (XLM) price is struggling...Read More
Ripple price failed to break the main $0.2650 resistance area against the US dollar.The price is currently correcting lower and is trading near the key $0.2580 support area.There was a break below a major bullish trend line with support at $0.2620 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could...Read More
ETH price failed to settle above $180 and started a fresh decrease against the US Dollar.The price is currently trading near the $174 support and it could bounce back in the near term.There was a break below a major bullish trend line with support at $177 on the hourly chart of ETH/USD (data feed via...Read More
Social impact investing isn’t just for bleeding hearts anymore. Investing in companies with strong environmental, social, and governance (ESG) credentials has grown from an idealistic niche to a highly profitable investment strategy. A number of studies and data points suggest that an ESG investment portfolio tends to outperform one that gives scant regard to corporate...Read More
Hopes for an upcoming altcoin rally are getting fainter by the day. Institutions are continuing to drive the cryptocurrency market, according to new data, and they’re almost entirely focused on Bitcoin (BTC). Even prominent altcoins, such as Ether (ETH) and XRP, may fall by the wayside. That’s the takeaway from a new metric by sentiment...Read More
