Crypto News

Binance Coin Price Analysis: BNB Trades Below $22 But Is The Selling Over?

Binance Coin has seen a decrease of around 3.76% over the past 24 hours which brought its price to $21.59. BNB has been struggling as of late after dropping by 14% over the past week and with 22% over the past month. Binance is the seventh-largest cryptocurrency with a market cap of $3.39 billion but...
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Binance Coin Price Analysis: BNB Trades Below $22 But Is The Selling Over?

Binance Coin has seen a decrease of around 3.76% over the past 24 hours which brought its price to $21.59. BNB has been struggling as of late after dropping by 14% over the past week and with 22% over the past month. Binance is the seventh-largest cryptocurrency with a market cap of $3.39 billion but...
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What Bear Market? Bitcoin Marks Higher Lows Each Month Since February 2019

It’s safe to say that Bitcoin is having a good year so far in 2019. On January 1st, the cryptocurrency was trading at around $3,700 and it’s already increased to as much as $10,530, marking a notable increase upwards of 180%. Moreover, looking at the charts for each month separately, we can see that Bitcoin...
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BitMEX’ Arthur Hayes Blames Binance For Plagiarism, CZ Admits

Just recently Binance acquired a crypto-asset derivatives trading platform and announced that it intends to foray into the field of cryptocurrency futures, options, and other derivative products. Hence, one of the things that it had to settle was the auto-deleveraging section which governs counterparty liquidation. Looking at Binance’s official page, however, we can see that...
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Ripple Releases Another 500M XRP ($130M) Despite Recent Fork Threats

Although XRP seems to be heavily undercapitalized, Ripple keeps its business policies on course, and the sales of massive chunks of XRP continue despite the rage of some hodlers. Just a few hours ago, Ripple released 500M more XRP out of escrow. The transaction took place on 03 Sep 2019 04:45:10 UTC and is part...
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Bitcoin Reclaims $10,000 In A Decent Spike, Will it Last? Weekly Crypto Market Update Report

This week was calm in terms of trading until Bitcoin skyrocketed in the last day and boosted the overall market confidence along with the price. One of the reasons for the increase is probably related to the Bakkt’s trading platform that will launch in the coming days. The picture shows the flow of money into...
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Crypto Price Analysis & Overview: Bitcoin, Ethereum, Ripple, Green, Wanchain

Bitcoin Returning to the resistance levels at around $10,500 brings little confidence in the market, but as long as the price hasn’t broken the market trend line, the fear is that this movement is a trap. The resistance of the falling trend is at around $11,000, but the resistance that will change the pattern of...
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Opinion: Binance Is Doing Just Everything But BNB Keeps Losing Value Against Bitcoin

Binance is having a year to remember with major announcements every few months delivering more and more options to the end-user. Its own cryptocurrency BNB entered a notable uptrend at the beginning of the year with outstanding growth. For the first four months, Binance Coin saw an increase of around 300%. The parabolic movement didn’t...
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Bitcoin Dominance Crosses 70% For The First Time Since March 2017

Bitcoin added another $700 to its price tag over the past 24 hours, pushing its dominance index above 70% for the first time since March 2017. This demonstrates that Bitcoin has definitively established itself as a market leader, leaving little room for altcoins to thrive.  Bitcoin Dominance at 26-Month High Bitcoin dominance is the index...
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Bitcoin Surging $700 In a Day: Now Facing Its Real Crucial Test (BTC Price Analysis)

Momentum is changing so quickly in the crypto markets. If four days ago everyone saw Bitcoin price getting below the $9,000 level for the first time since June, now the bulls are back. As mentioned here on our previous analysis, Bitcoin had shown odd calmness, and we anticipated a coming-up huge move. However, no one...
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One Stop Shop? Binance Acquires Futures Exchange

Binance, the world’s leading cryptocurrency exchange, has acquired a cryptoasset derivatives trading platform JEX. Binance JEX, as the new venture will be called, will focus on delivering cryptocurrency derivatives, including futures contracts, options, and other derivatives. With this new acquisition and Binance’s latest developments, the exchange is starting to look a lot like a one-stop-shop...
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Ethereum Price Analysis: ETH Trading Below $175, Can It Go Any Lower?

Ethereum struggled this past week, marking a decline of 8.7%, which brought its price down to $171.60. The cryptocurrency had been trading above a rising support line but had collapsed beneath it during the week, which caused it to fall to as low as $165. Ethereum has now lost a total of 22% over the...
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Bullish? Bitcoin Might Be Entering Another Parabolic Price Phase, Analysis Suggests

Despite the serious price decline that Bitcoin went through a few days ago, the weekend was rather fruitful and the cryptocurrency managed to gain upwards of $300 since Friday. Meanwhile, the network’s condition is looking healthier than ever as the hashrate surpassed 90 quintillion hashes per second. Amid conditions of the kind, Peter Brandt, a...
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Telegram’s GRAM Token Is A Little Scammy According To Tone Vays

The popular messaging app Telegram is set to launch its GRAM cryptocurrency wallets in October or November. With over 300 million using the application, it’s only natural that the news creates somewhat of an excitement. However, according to popular trader and analyst Tone Vays, GRAM is ä little scammy.” GRAM Coming In October or November...
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Following The Recent Dull Action In Bitcoin Price – Is It The Calm Before The Storm? BTC Analysis

After three days of no significant price movements, Bitcoin is now planning its next leg. As we know this market, Bitcoin doesn’t like being low in volatility, and this might be the preparation period of another move that can take place any moment. Most indicators are showing bearish; however, Bitcoin likes to go with the...
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Ripple Price Analysis: XRP Holds Strong Against BTC But Can The Bulls Regain Control?

XRP has seen a sharp decrease of 10.49% over the previous week, bringing its price to $0.2566. The cryptocurrency lost 21% over the past 30 days and 37% over the past 3 months. XRP remains the third-largest cryptocurrency with a market cap of $11.07 billion. Looking at the XRP/USD 1-Day Chart: Since our previous XRP/USD...
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Is Bitcoin Showing a Similar Chart of The Bull Market Started 2016?

Bitcoin’s price recently plunged below $10,000 USD. As the market remains volatile, an interesting comparison between the 2019 cycle with the 2016 one shows that Bitcoin might be ahead of another massive price spike. As per the author of the video, Faisal Sohail who has a Ph.D. in economics, Bitcoin’s technical analysis at the moment...
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Litecoin Price Analysis: LTC Creates At 20-Month Low Against BTC, Is The Pain Over?

Litecoin has been dragged through the mud recently after suffering a 13.55% price decline over the past week. This brought its price to $63.93 as it broke beneath a long-term rising support line. Litecoin has now dropped by a substantial 33% in the past 30 days alone as investors wonder how long this could possibly...
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ETH Facing A 46% Price Plunge, Says Max Keiser

Popular Bitcoin proponent Max Keiser has recently weighed in on the current market conditions. He outlined that Bitcoin’s hashrate has hit yet another all-time high and that altcoins are fading out. According to him, Ethereum is headed back to $90, which would, in theory, mark a decrease of around 46%.  Bitcoin To Hit 85% Market...
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Don’t Panic Over Bitcoin Below $9,500, John McAfee Says As His Exile Continues

Popular cryptocurrency commentator and veteran entrepreneur John McAfee said that people shouldn’t panic over the price of Bitcoin dropping below $9,500. The serial entrepreneur is a well-known Bitcoin proponent and has expressed his positivity on the cryptocurrency for the long-term multiple times. However, his exile continues as he has admitted to not filing tax returns...
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Binance Coin Price Analysis: BNB Plumets Below $22 But Will It Go Any Lower?

Binance Coin has seen a major decline of 11.7%  over the past 24 hours, as it currently trades at around $21.90. The drop is largely attributed to the 7% price decline seen in Bitcoin, however, BNB has also fallen further against BTC adding to its demise. Binance Coin has now plunged by over 17% throughout...
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BinanceX – A New Initiative Platform To Help Developers

Binance launched an initiative platform to help developers leverage Binance infrastructure for their ideas and projects. There are 3 themes of this program – Learn, Collaborate and Grow.  Learn provides official third party resources for information. Collaborate provides tools and channels to develop the infrastructure. Grow refers to different Binance programs already designed.  Binance has...
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Altcoins Crashing Hard Despite The Plunging Bitcoin

Bitcoin lost upwards of $800 in the past 24 hours, marking a sharp decrease of around 7 percent on the day. Conditions like these would typically leave room for altcoins to thrive, but this isn’t the case. The entire market is bleeding heavily, while Bitcoin manages to retain a high dominance of around 69 percent. ...
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Bitcoin Developers Launch Multisig UI For Bitcoin Wallet In Alpha Stage

Bitcoin developers have created a multi-signature (multisig) user interface for both hardware wallets and full nodes to enhance Bitcoin Wallet security. Wallets protected by multisig technology need more than one private key to access the wallet. Thus it is less likely to breach the security as no single party possesses all the information to access...
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Bakkt Announces Warehouse Bitcoin Deposits Starting Next Week

Coinpedia had reported about Bakkt’s Futures Launch. Intercontinental Exchange‘s (ICE’s) Bakkt platform has tweeted about Bakkt’s Warehouse starting this Sept 6. Bakkt’s Warehouse will offer secure storage of customer bitcoin to prepare Bakkt Bitcoin Daily & Monthly Futures launch on Sept 23. Moreover, the platform will enable the physical delivery of Bitcoin with end-to-end regulated...
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Emsisoft Developers Create A Fix For Crypto-Stealing Syrk

Syrk released a cheat plan for Fortnite players. This was malware in disguise. Fortnite players were at a risk of their cryptocurrencies held as ransom. Additionally, if the players refused to pay the ransom, Syrk would delete system files after the set time completes. Emsisoft, a leading antivirus company has developed a decryptor for this...
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PNC Bank And RippleNet To Provide Cross-Border Payments

PNC Treasury Management, the United States’ eighth-largest bank, is now offering RippleNet-based cross-border payment solutions to its commercial clients. RippleNet blockchain provides a frictionless experience to send money globally within a secured infrastructure. However, PNC claims that this will help traders to receive payments from overseas buyers instantly. Also, it will transform the way they manage...
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Fintech Service Rapyd Collaborates With HongKong’s TNG Group

On 29 August 2019 Rapyd a global Fintech services platform announced the partnership with TNG FinTech Group. Following the collaboration, Rapyd can now add TNG Wallet to its list of 500 payment methods and more than 10 GEA, an electronic payment platform. Rapyd’s global customers can accept payments from the global e-wallet users even if...
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Tether (USDT) Clogging Ethereum’s Network Leaving No Space For DApps

The Ethereum network is close to reaching its maximum utilization. It appears, however, that one of the most heavily transacted tokens on the network is the most popular stable coin Tether (USDT). As such, the network is facing a serious issue as it may not provide enough room for developers of DApps, which is its...
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Nestlé’s Open Blockchain Pilot Program Enforces Transparency

Nestlé to enforce full transparency has announced to pilot new blockchain technology in collaboration with OpenSC. OpenSC is an innovative blockchain platform that allows consumers to track their food right back to the farm. Initially, the program will trace milk from farms and producers in New Zealand to Nestlé factories and warehouses in the Middle...
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