The recently concluded IEO for the Perlin Network by Binance Launchpad has now been stated as the sale with the highest number of BNB staked. Binance has already begun trading PERL tokens with four pairs. The Binance Launchpad, a platform created by Binance and strictly for the launch of supported tokens, has officially announced the...Read More
The cryptocurrency market is continuing its sideways trading dynamic. After falling just above the $10,000 mark, Bitcoin has staged a small recovery, rolling back its weekend losses, currently staying at $10,300. See below for our full Bitcoin price analysis. Cryptocurrency market dynamics since August 24. Source: Coin360 Altcoins are seeing a more depressing outlook, with...Read More
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets. Binance has officially announced its lending service which is expected to kick off on the 28th of August, at...Read More
Cardano is preparing for a short-term technical breakout from a neutral triangle pattern on the four-hour time frame The popular cryptocurrency remains technically weak across the medium-term horizon Cardano has opened the new trading weaker under renewed downside pressure and is currently the worst performing cryptocurrency inside the top twenty cryptocurrencies by market capitalization. The...Read More
Bitcoin has spent most of the weekend just clinging on to levels above $10k but failing to make any progress there. Yet again trading in Asia has driven momentum this Monday morning as a spike over $10,600 takes BTC to its next resistance level. Seven Percent Bitcoin Spike in Asia Another dip down to $9,900...Read More
Earlier this week CNBC Fast Money host Brian Kelly said he is short-term bearish on Bitcoin price based on a drop in daily active addresses. Does this mean BTC will drop lower? Bitcoin bobs and weaves Bitcoin has spent the last week bobbing and weaving at the $10K line. $10,350 stood as a stiff resistance...Read More
Bitcoin breaks 5-day long up-trend, dropping back to key support levels at $9,800. Since then bullish divergence appears to have formed on lower time-frames and could spur a reversal in the coming days. Bitcoin 1-Hour Analysis On the 1 hour chart for the XBT/USD pair, we can see the ascending wedge that formed throughout the...Read More
The altcoin action continues today as the majority of the market is in the green. Meanwhile, Bitcoin has stabilized over $10,000 while continuing to lose some of its dominance. Cryptocurrency Market Situation. Source: Coin360 Nevertheless, good news keep coming for Bitcoin – this time from Albion. In a landmark decision, the British law firm Stewarts managed...Read More
Monero is heavily bearish in the short-term, with any moves higher in the cryptocurrency currently being heavily sold A bearish head and shoulders pattern on the four-hour time frame suggest that the XMR / USD pair could drop towards the $58.00 level The technicals for Monero are mostly bearish at the moment, with a number...Read More
HitBTC recently in a press release announced that they are lowering the exchange trading fees, presenting a new fee adjustment system. The fees have been lowered as much as 1,3%. HitBTC which is a leading cryptocurrency exchange just announced in a press release that they are lowering the trading fees on their platform to a...Read More
The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker. Cryptocurrency Market Situation. Source: Coin360 Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook. Bitcoin Sentiment Chart by theTIE.io Despite this overall lukewarm performance, proponents of Bitcoin’s store of value...Read More
EOS remains technically bearish across the short and medium-term, as the cryptocurrency looks set for its fifth straight week of trading losses A bearish head and shoulders pattern suggests that a drop towards the $3.00 level is coming. EOS is back under downside pressure on Thursday after the early week rally towards the $3.80 resistance...Read More
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS...Read More
The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses. The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, also known as the Kingpin Act. These addresses, and the individuals associated with them,...Read More
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility,...Read More
Cryptocurrency markets are bleak leading into Wednesday, August 21. Bitcoin has reversed all of its hard-fought gains since the start of the week, falling back below the $10,000 mark. Cryptocurrency Market Situation. Source: Coin360 The overall market is also seeing strong losses, most notably ETH, which has fallen back to its weekend price. The heaviest...Read More
Ripple is moving back towards the $0.2500 level after the third largest cryptocurrency suffered a technical rejection from the $0.2930 level Ripple buyers need to form a bullish double-bottom or a further decline towards the $0.2000 level is possible. Ripple is back under selling pressure on Wednesday after the third largest cryptocurrency was swiftly rejected...Read More
AOFEX Exchange is known for its non-standardized option trading service that helps investors hedge the risks of their digital investments. NSO trading awards are said to be launched this month. Located in London, United Kingdom, AOFEX is a digital asset exchange with non-standardized option trading as its core competitiveness, which is open to global users....Read More
Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of $11,000. An influx of new volume could propel price levels to $12,000 next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD,...Read More
Trading is muted in crypto markets, especially with respect to Bitcoin. After measurable gain early on Monday, BTC mostly stayed around its new $10,500-10,700 level. The rest of the market is seeing considerable pullbacks, with almost all major coins posting losses. Cryptocurrency price dynamics on August 20. Source: Coin360 The most notable Bitcoin news on...Read More
Litecoin is struggling to move price back above the technically important $96.00 level and remains capped below its 200-day moving average The daily time frame continues to show a bearish head and shoulders pattern with the $50.00 level as the overall downside target Litecoin appears relatively unsteady on Tuesday, after the fifth largest cryptocurrency by...Read More
Crypto sector has been waiting for the launch of Bitcoin futures trading platform Bakkt for a long time now. This should happen finally at September 23. Within 48 hours after the big reveal, Bitcoin surged by 10 percent. Owner of the New York Stock Exchange, International Exchange, will finally start offering futures contracts paid out...Read More
Photo: PriceMinister / Flickr Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release. Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month. The company...Read More
Friday graced us with a positive fundamental trigger, with Bakkt finally being given the green light to launch Bitcoin derivatives trading on September 23. This follows almost an entire year of delays – and although the crypto market never lost interest in the upcoming platform for institutional investors, it was beginning to lose faith. The renewed...Read More
Bitcoin can be seen bouncing off the 0.382 Fibonacci level around $9,600 as price action visibly creates an ascending wedge. Many bearish indicators point towards a break-down and lower low in the coming days. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see an ascending wedge has formed as a result...Read More
Ethereum is attempting to recover short-term bullish momentum with the $200.00 level the strongest form of near-term resistance Technical analysis shows that the $212.00 level is the main upcoming resistance area to watch intraday, while the $160.00 level is still a potential bearish target Ethereum has started the new trading week with a more positive...Read More
According to an announcement earlier today, Japan’s version of Amazon – Rakuten – has publicly launched its own crypto trading platform which could see millions entering the space. Three Crypto Assets Supported The official announcement a few hours ago stated that a consolidated subsidiary of Rakuten Group and operator of a crypto asset exchange business,...Read More
Despite the promises of crypto analysts and institutions like Goldman Sachs, Bitcoin price continues to hover around low 5 figures. What’s going on? After struggling to hold above the $11,000 point earlier this week, Bitcoin price, at last, succumbed to selling pressure and dropped below $10,000 for the second time in three weeks. Prior to...Read More
