Coins

XBT/USD Analysis: Bitcoin Bears Outperform Under $8,500, Is The Degradation Over?

September 25th, 2019

Bitcoin longs traders vow to keep liquidating and buying the dip; reversal is anticipated in the near-term. Technical indicators suggest that the strong grip by the bears is likely to continue in the coming sessions. Bitcoin short-term trading ideas I discussed yesterday were helpful to some ascertain limit. Although the prediction was that Bitcoin could…

Analysts Predict Bitcoin Cash and Ethereum Doom – Will Altcoins Dive Further?

September 25th, 2019

Tuesdays’ drop in Bitcoin price had more significant adverse effects on altcoins. Altcoins plunged by more than 15% on an average. Ethereum [ETH] swiftly dropped below $200 psychological support to test lows at $150. Bitcoin [BCH] Cash, Litecoin [LTC], XRP also plummeted below support levels. The altcoins are closing in on the year to date…

XBT/USD Analysis: Bitcoin Short-Term Trade Ideas – BitMEX Margin Trading

September 24th, 2019

Bakkt first day of trading Bitcoin futures fails to magically crop up Bitcoin market. Bitcoin lacks fundamentals to sustain gains towards $10,000; possible retreat to $9,200 before the next sustained breakout. The newly launched Bakkt Bitcoin futures delivered in digital currency failed to cause the anticipated stir in the market. I guess it was wrong…

Ripple Adds UAE Banking Giant, National Bank of Fujairah To RippleNet

September 23rd, 2019

Ripple, the parent company and largest holder of the popular cryptocurrency, XRP has been reported to have added UAE banking giant, the National Bank of Fujairah to RippleNet. Entrepreneur Middle East confirmed the report after posting on Twitter that the popular Golf commercial bank had been added to RippleNet’s long list of banking partners. The…

Bakkt Trolls Breaking Crypto Twitter After Dull Performance on Day 1

September 23rd, 2019

Bakkt Bitcoin Futures has finally launched after months of anticipation. While investors and traders can potentially profit from the upcoming price rise and then take possession of Bitcoins, the responses on the first day of launch have been dull. Bakkt got subjected to numerous trolls from the crypto community.  Daily Contract Remains Unsold Bakkt’s physically…

XBT/USD Analysis: Bitcoin Gets Ready For Volcano Breakout – Kraken Margin Trading

September 23rd, 2019

Bitcoin seems to mundanely lethargic under $10,000 on the first day of the week’s trading. The weekend trading was marked by a sustained downward correction after the upper leg from last week’s support at $9,600 to make headway above $10,300. The price continues to narrow towards $10,000 with Bitcoin’s upside limited by a descending trendline…

Can Libra Expect A Green Light As Facebook Greets Regulators With Open Arms?

September 21st, 2019

Social media giant Facebook has taken a bold step to managing the hurdles it has been facing from regulators. According to a recent report, Facebook CEO, Mark Zuckerberg, has made himself accessible to US lawmakers regulators. As this might help the popular social media company gain some respect after the Cambridge Analytica fiasco, it is…

Chinese Interest In Bitcoin On A High Says Known Economist

September 21st, 2019

Leading Economist, Alex Kruger has recently come up with a revelation that Chinese interest in Bitcoin has been on a rise in 2019.  Trade War Has Led To Heightened Interest In Bitcoin Per Kruger’s tweets, Bitcoin searches spiked when China called for a People’s War against the US. Source- Twitter He further mentioned that Bitcoin…

Top Cryptocurrencies by Market Cap Will See These New Tokens: Research

September 21st, 2019

Market Capitalization of cryptocurrencies acts as a successful parameter to rank them. Since the beginning of the crypto markets, the top rankings have witnessed massive changes. According to a new estimation by Messari, the top list will see newer cryptos in the future. In 2017, the ICO rush and introduction of new platforms transformed the…

Ripple Avoids XRP Security Questions in Lawsuit – Will SEC Provide Insight on Tuesday?

September 21st, 2019

How often have we heard from executives from Ripple say, “Ripple is not a security?” The answer to the question can have a massive effect on the market. However, until now, there hasn’t been an official ruling or claims on it. As reported earlier on CoinGape, investors in XRP had filled a case against Ripple…