Ripple price is trading nicely above the $0.2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0.2265 and $0.2300 resistance levels. There is a major bullish trend line forming with support near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also rising, but it is struggling to clear the $150 and $152 resistance levels. Ripple price is back in a positive zone against the US Dollar and bitcoin. XRP price must climb above $0.2265 to continue…
Day: December 5, 2019
Bitcoin Looks to be Heading Lower Says DeMark
Dec.02 — Tom DeMark, founder and chief executive officer at DeMark Analytics, examines technical indicators pointing to a downturn for Bitcoin. He speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.” UCIALMKvObZNtJ6AmdCLP7Lg Source link
Ethereum (ETH) Flirts With Key Resistance, Bitcoin Up 3%
Ethereum is slowly rising and it is trading above the $146 support area against the US Dollar. The price is facing a few strong resistances near $148, $150 and $152. There is a key contracting triangle forming with resistance near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue to rise towards the main $152 resistance in the near term. Ethereum price is approaching important hurdles versus the US Dollar and bitcoin. ETH price must settle above $152 to continue higher in the near…
Multicoin Capital Hires Principal in Asia as Crypto VCs Look East
In a letter sent to Multicoin’s investors last month, the firm said, “a significant amount of information travels through word of mouth, WeChat groups, and Mandarin-only social media properties.” As such, the letter said, Mable’s job will be to close the information gap. Author: Leigh Cuen Source link
Former eToro Analyst to Provide Crypto-Trading Course for Cointelligence
Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is intended as a news item to inform our readers of various events and developments that affect, or that might in the future affect, the value of the cryptocurrency described above. The information contained herein is not intended to provide, and it…
Ripple Files Last Bid to Dismiss XRP Securities Lawsuit Before Court Meeting
Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing. Author: Nikhilesh De Source link
Ethereum’s Top DEX Is Rebooting With New Scaling Features
IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum’s Istanbul hard fork. Author: William Foxley Source link
MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race
Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is intended as a news item to inform our readers of various events and developments that affect, or that might in the future affect, the value of the cryptocurrency described above. The information contained herein is not intended to provide, and it…
Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer
Cole leaves Stack Overflow, a resource site for programmers, where he’s been vice president of product since 2012. Becoming familiar with bitcoin that same year, Cole was tapped for the Wyoming Taskforce for his expertise on the subject and helped create state jurisdictional rules for bitcoin and blockchain adoption. Author: William Foxley Source link
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
The company would not disclose exact numbers, but, according to Prince, “tens of thousands” of people are now keeping their crypto with BlockFi, and more than 50 institutional players are borrowing from it. But that’s not enough for this venture capital-funded outfit: in addition to experienced crypto holders, BlockFi wants to attract first-time buyers, too. Author: Anna Baydakova Source link