Coins

Liquid Tops the List of Singapore’s Best Exchanges by Swiss Research Firm

September 28th, 2019

Leading Market Research firm, Cryptogenes recently released a report which audited Singapore’s 20 centralized cryptocurrency exchanges. The audit was done in collaboration with the School of Management Fribourg in Switzerland. Furthermore, the scientific auditing algorithm was double-blind peer-reviewed by the Global Finance Association.  Liquid – The Best Overall Crypto Exchange The exchanges audited have a…

US Presidential Candidate Criticises NBA for Not Allowing Player to Tokenise his Contract

September 28th, 2019

Leading NBA player, Spencer Dinwiddie recently revealed that he wished to tokenize part of his contract on the Ethereum blockchain. He intended to raise  $13.5 million from his three-year, $35 million contracts. However, his initiative was not received well by the NBA. Interestingly Crypto personalities stand in his support and consider it to be a…

Bitcoin Network Hashrate Gets A Boost As Bitcoin Price Suffers Serious Dents

September 27th, 2019

Having dropped a couple of days back, the bitcoin network hash rate is seen to be on the move again, this time, upwards. This comes amid a price crash situation that bitcoin recently fell into which has sent its price slumping below critical levels that haven’t been seen for past months. Meanwhile, the Bitcoin network…

XBT/USD Analysis: Bitcoin Downside Correction Is Far From Over – BitMEX Margin Trading

September 27th, 2019

Bitcoin dives under $8,000 and refreshes the new support at $7,750. The slide under the 200-day MA did not have far-reaching effects as had been anticipated. The scenario we painted using daily XBT/USD has changed slightly following Bitcoin’s price slide under $8,000. The bears extended the action to a new support level at $7,750 (on…

Litecoin Summit to Host Famed Sport Personalities and US Politician

September 27th, 2019

Ron Paul, one of the most pro-active US politicians, former congressman and three times Presidential candidate will join the Litecoin [LTC] summit. The organizers have also listed famed sports personalities in UFC Fighter, Ben Askren and Nascar Driver – Landon Cassil. Litecoin [LTC] Directing Focus in America? The recent development made by the Litecoin Foundation…

XBT/USD Analysis: Bitcoin Bounce Off Channel Support Still Possible? – BitMEX Margin Trading

September 26th, 2019

Bitcoin bulls run out air after failing to break $8,800 resistance level. There is an obvious bounce scenario at the channel support as long BTC stays above the 200 MA. The last two days have been mundane and nerve-racking for investors and the bull day trader. The diver of over $1,500 in less than a…

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…