Binance Coin represents a native token of one of the biggest exchanges in the market, Binance platform. As such, this token comes with a high level of stability in the market as well as with several trading perks in case you chose to pay your fees with BNB on Binance exchange. Binance coin thus makes up for a rather stable coin as Binance arranged its native token...
Still stuck in a narrowing price range, BTC could soon rise to resistance above $8,000 if the bulls are able to leap the 50-week moving average hurdle. As of writing, the cryptocurrency is trading at $7,770 on Bitfinex, having been stuck in a narrowing price range (pennant) for months now. Defense of $7,000 last week and the 9.3 percent rise since then have...
The bitcoin price has increased from $7,300 to $7,600 over the past 24 hours, sparking optimism regarding the short-term growth of bitcoin. A break to $7,800 could confirm a short-term rally for bitcoin while a drop below the $7,500 mark could lead it back to the $7,300 region, making $6,000 a possibility, yet again. The price trend of bitcoin and predictions of...
Following yesterday’s announcement of TRX’s listings on both Indodax in Indonesia, and CoinEx in the UK, they’ve now added a third listing on Taiwan’s biggest exchange, Maicoin (MAX). Maicoin exchange offers trading of Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) with Taiwanese Dollar (TWD) or US dollar (USD). You can also trade between crypto pairs and the...
After trading above the $7,700 level, bitcoin price faced selling pressure against the US Dollar. The BTC/USD pair topped at $7,779 and started a downside move. The price declined and moved below the $7,600 and $7,500 support levels. The most important move was a close below the $7,550 pivot level and the 100 hourly simple moving average. Moreover, there was a...
Bitcoin looks primed for a move to $8,000, but low trading volumes point to the risk of a bull trap. The cryptocurrency broke through a key descending trendline (drawn through the May 6 high to the May 21 high) on Sunday, adding credence to last Tuesday's bullish outside-day candle and signaling a short-term bearish-to-bullish trend change. However, at the same...
Tron (TRX) has announced new listing for its TRX token on the CoinEx exchange, where it will be tradeable with Bitcoin (BTC) and Bitcoin Cash (BCH). Trading opens on June 6 at 11:00 am Beijing time (GMT+8). Coinex is a global digital coin exchange based in the UK and founded in December last year, providing trading services in almost 100 countries. It currently...
With increasing crypto awareness, digital coin and token users are beginning to understand the uses of Golem (GNT) in real life. This is a global supercomputer which you can access from any corner of the globe. It is a mesh of computers supported by data hubs to help you complete select tasks in daily life. This is one reason why GNT is becoming a token to add to...
TrueUSD keeps growing, with more than 40 million TUSD tokens supplied and backed by fiat funds in escrow. The asset has also become a part of the Binance ecosystem, also exchangeable for the leading fixed-price coin, Tether (USDT). TrueUSD has surpassed a $40MM market cap and demand is continuing to grow. The market cap is a reflection of the actual dollars in...
Since its launch date, Dash has managed to become popular fast and has become a favorite with many in the crypto community. Arguably one of the most secured blockchain platforms in the market, many investors and traders prefer Dash due to its cross-border transaction features. Its platform runs on a self-governing protocol by which its number of users actually is...
Cardano (ADA) – is one of the fastest growing cryptocurency in the world right now. Launched just September 2017, it has already produced a return of more than 1500% to its holders and investors. With its present market capitalization at $18 billion, there is certainly a lot more to expect from this cryptocurrency, given a favorable market condition. This...
After trading above the $7,500 level, bitcoin price faced sellers near the $7,550 level against the US Dollar. The BTC/USD pair started a downside correction and traded below the $7,400 and $7,350 levels. It also declined below the 23.6% Fib retracement level of the last wave from the $7,050 low to $7,550 high. However, the downside move was protected by the...
TRON is about to witness the biggest change in its history, yet, as it stands it is still struggling to shake the shackles of the bear market, constantly losing value, at times, as a rapid rate. As the value of TRON declines towards the launch of the TRON MainNet, we can’t see how TRON will recover once the MainNet is live. Of course, TRON will see a spike in...
Good news for Litecoin as the Nasdaq exchange reveals its support behind the cryptocurrency. Nasdaq has dabbled in showing its interest in cryptocurrency, from possibly launching a crypto exchange of its own to the CEO stating her enthusiasm for the digital currencies. Now, Nasdaq has gone a little further, saying it’s prepared to back several...
The crypto world is full of amazement, with series of events that could be tagged ludicrous before its occurrence. How on earth is it possible for a single coin to experience 3 similar hacks within the space of 3 months, of which, two of it took place within two weeks? Last week came the news that Verge was hacked through its hashrate, and 51% of the altcoin’s...
Bitcoin being the King of Crypto, generally dictates the direction the rest of the market will take. When BTC is fumbling in the market like in the current market times, every other coin and token also fumbles. This is because BTC dominates the total market capitalization by occupying 38.4% of the current total market cap of $326.6 Billion at the moment of writing...
In around two year's time (on May 27, 2020, unless wild swings in the mining hashrate change anything) the coin reward for mining new Bitcoin blocks will drop from 12.5 Bitcoin to 6.25 Bitcoin — and people are already thinking about what this could do to the Bitcoin price. Much has changed for Bitcoin, cryptocurrency and blockchain since the last Bitcoin halving...
For years, big banks played an important role in global capitalism. They have been the gatekeepers of national currencies flowing between central banks and the general public. And they have been collecting hefty fees for this role – fees that pay the salaries and bonuses of their employees and the dividends of their stockholders. In recent years, big banks have...