The cryptocurrency market doesn’t appear to be in the best of shape. Most cryptocurrencies are losing large chunks of value in the last 24 hours, and the total market capitalization has dropped with $6 billion in a few days to the current level of $187 B. The second-largest cryptocurrency, Ethereum, is among the worst-performing altcoins....Read More
The crypto liquidating firm Sibex has partnered with New York-based cryptocurrency company Paxos to allow gold trading on the blockchain. The goal of this partnership is to improve peer-to-peer (P2P) over the counter (OTC) trading for physical gold. Paxos offers PAX Gold, a digital asset-backed by digital gold. Daniel Haudenschild, CEO of SIBEX, commented: “As...Read More
After two weeks of consolidation steadily above the $7000, Bitcoin broke below. If you were following the recent price analysis posts here, you would not be surprised. Bitcoin was showing weakness, not being able to overcome the mid-term descending trend-line (shown both on the following 4-hour and 1-day charts). Aside from this, the long positions...Read More
Another case of SIM swapping has reportedly been recorded in the U.S., as a 23-year-old has attempted to steal cryptocurrencies. This type of fraud appears to be growing as a significant issue worldwide, especially within the community with many previous similar cases. SIM Swapping To Steal Cryptocurrencies A young man from Pennsylvania has been implicated...Read More
XRP fell beneath the strong support at $0.215 this week after slipping by 5%. Against BTC, it is struggling to hold the 3000 SAT support. XRP remains wedged within a descending channel against BTC and must break this to climb higher. Key Support & Resistance Levels XRP/USD Support: $0.212, $0.20, $0.185 Resistance: $0.2345, $0.2520, $0.27...Read More
BitFinex Bitcoin’s open long positions keep increasing rapidly and had recently set a new all-time high record on the popular cryptocurrency exchange. In the last two weeks, the total number has surged to over 43,000 BTC, bringing up the discussion within the community if this very odd behavior might end up in a cruel long...Read More
Tezos price continued to increase by a further 10% the past week, XTZ trades for $1.72. The cryptocurrency is facing crucial resistance at 0.00025 BTC. Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap. Tezos (XTZ) Key Support & Resistance Levels XTZ/USD Support: $1.64, $1.54, $1.42. Resistance: $1.74, $1.85,...Read More
According to a recent report, the largest U.S.-based cryptocurrency exchange Coinbase has become the largest validator for Tezos (XTZ). It brings the question of whether or not validation from exchanges is set to become the next trend in the cryptocurrency world. Coinbase Leads In Tezos Validating The attention Tezos (XTZ) is getting lately doesn’t come...Read More
It’s been a wild couple of years when it comes to Bitcoin’s price. There’s no denying that. Interestingly enough, though, December seems to be an essential month for Bitcoin. Back in December 2017, the cryptocurrency hit its all-time high of around $20,000. Precisely on this day a year ago, in December 2018, the market had...Read More
After trading in a tight range between $7,300 and $7,150 for several days, Bitcoin might be on the move again, heading south this time. The price of the largest cryptocurrency dropped to $6,994 on the largest margin trading exchange, BitMEX. Bitcoin managed to recover slightly and is currently trading at around $7,050. Cryptopotato reported today...Read More
The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then. To Sell 70,000 ETH At The Top Vitalik Buterin, the co-founder...Read More
Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns. While some might be thinking that ETH’s current price is around $145 and its all-time high was at...Read More
The BTC consolidation continues: for the past four days, Bitcoin’s price range had been shrunk to $150 only. From above $7300, from below $7150. This is coming after almost two weeks, since December began, of nearly zero volatility. The only people who benefit from such a market are those who run crypto margin exchanges. However,...Read More
Fintech investments have seen a great rise in 2019. Many startups have emerged attracting Venture Capitals to invest more in fintech sector. Singapore and Vietnam countries have emerged as winners in South-East Asia Fintech Investments. Singapore companies have received 51% of the total investment in South East Asia. Vietnam is second with an investment of...Read More
The last week hasn’t been full of a lot of action with Bitcoin’s price. In fact, the cryptocurrency traded sideways within a fairly tight range between $7,600 and $7,100. However, it managed to retain its market dominance, as it accounts for about 66.6% of the entire capitalization. This also means that altcoins failed to break...Read More
Bitcoin declined by 2.5% over the last week, dropping to the $7,220 level. The cryptocurrency has been trapped within a tight range between $7,708 and $7,123 for the entire period of December, thus far. A breakout of this range will dictate the direction Bitcoin will head toward over the following weeks. If the bulls continue...Read More
The U.S. court has reportedly dismissed the law case for $150 million against the popular cryptocurrency derivatives exchange, FTX. The initial reasoning behind the lawsuit was market manipulation and unlicensed securities sales, but the court has not found any solid grounds to continue with the lawsuit. Cryptocurrency Exchange FTX Exonerated Earlier this year, the cryptocurrency...Read More
XRP dropped back into the $0.215 support after failing to break above $0.2345 this week. The cryptocurrency remains above the 3000 SAT level but the bears are attempting to take control. XRP has been trapped within a range between $0.215 and $0.234 throughout the entire period of December. Key Support & Resistance Levels XRP/USD Support: ...Read More
BaseFEX is a cryptocurrency derivative exchange founded in 2018 by a veteran group of traders. Similarly to other exchanges in the industry, it offers futures trading in the form of perpetual contracts. BaseFEX also allows margin trading – short and long – using high leverage and a promising variety of cryptocurrencies to choose from. BaseFEX...Read More
The Malta-based exchange, Binance will now include asset balances and transactions in C2C fiat accounts while calculating VIP levels and daily BNB holdings. The calculation will be upgraded from 14/12/2019 on the Binance exchange. Earlier, BNB held in the Binance wallet was not included in the daily BNB calculation. Now, with this upgrade, hourly snapshots...Read More
Tezos holders will be able to stake their coins on the popular cryptocurrency exchange, Kraken, starting today. As a result, XTZ price has increased with over 12% in the last 24 hours, mirroring its movements when other exchanges announced Tezos staking on their platforms. Kraken Adds Tezos Staking The large U.S.-based cryptocurrency exchange, Kraken, has...Read More
UK based crypto exchange CEX.io has now listed Cardano crypto on its exchange. After countless customer request, the exchange has opened its door to ADA coin. CEX.IO users can now deposit ADA and buy the token with a Visa or Mastercard. As of writing, users can trade ADA against the USD in the initial phase,...Read More
Tether, the fourth coin as per market cap, is going through media scrutiny. The statistics of intotheblock claims that 64% of Tether supply of 4,108,044,456 USDT is controlled by only 119 finite addresses. It seems that traders believe in Hodling USDT instead of trading them. Moreover, the transaction volume over one hundred thousand US dollars...Read More
Lately, Bitcoin has seen a continuous bear zone. As a result, traders have shifted the focus onto altcoins. Some of the top ten altcoins are seeing uptrend as of writing. However, one altcoin, Tezos has surpassed a market capitalization of its previous altcoin and climbed one step higher to enter the top ten. Moreover, the...Read More
The popular Chinese social platform, Weibo, had reportedly closed Justin Sun’s account. Tron’s Founder and CEO is one of the most influential people within the cryptocurrency community, and the closure of his account could be regarded as a continuation in China’s negative views on cryptocurrencies. Weibo Closes Sun’s Account Weibo, the famous Chinese social network,...Read More
Ethereum dropped back beneath the $150 level to create a fresh low for December at $140. The cryptocurrency trades strong against BTC as it remains above 0.02 BTC. It has dropped by a steep 22% this month as the bears keep their strong grip on momentum. Key Support & Resistance Levels ETH/USD Support: $145, $138.80,...Read More
Bitmex, one of the world’s most popular cryptocurrency exchanges, has added support for the Bech32 (native SegWit) address format. The Dec 12, 2019 announcement reads: “The key advantage of Bech32 addresses is that transaction fees will be saved when Bitcoin already sent to a Bech32 address is spent. Therefore this upgrade will not directly result...Read More
Bitcoin, just as any other asset that’s being traded, goes through different market cycles. As we approach the end of 2019, which is also the end of the current decade, some industry experts seem to believe that right now is a historic time for Bitcoin accumulation. Time To Buy Bitcoin? The current market sentiment doesn’t...Read More
The world’s largest cryptocurrency exchange by volume, Binance, is expanding its services in Latin America. By partnering with a major digital assets settlement network, Binance will launch a new platform called Latamex. It will allow direct fiat purchases of cryptocurrencies for Latin America on its website. Binance Gateway In Latin America Binance is set to...Read More
Swiss Crypto Bank, SEBA has proposed its plans to expand in 10 countries including Switzerland. After one month of a fully operational branch in Switzerland, SEBA now eyes countries like Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands. Guido Bühler, chief executive of SEBA Bank, said: “With our services, we...Read More
