Day: June 26, 2019

Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis

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The total crypto market cap rallied recently and broke the key $325.0B resistance area. Bitcoin price is up more than 8% and it recently broke the key $12,000 barrier. Litecoin (LTC) price is likely to accelerate above the key $140 resistance area. Bitcoin cash price about to surpass the main $500 resistance to start a fresh increase. EOS price is currently above $7.300 and it could rise towards the $7.400 and $7.500 levels. Cardano (ADA) price is about to gain momentum above the key $0.1000 resistance area. The crypto market…

Bitcoin Surging While Ripple Price (XRP) Struggles Below Key Resistance

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Ripple price is holding the $0.4580 support, but struggling to climb higher against the US dollar. The price seems to be consolidating below the $0.4800 and $0.4850 resistance levels. The bulls are attempting a convincing close above yesterday’s bearish trend line with resistance near $0.4700 on the hourly chart of the XRP/USD pair (data source from Kraken). Similarly, Ethereum price is facing an uphill task close to the $320 resistance area. Ripple price is trading in a tight range against the US Dollar, while bitcoin is surging. XRP price needs…

Ethereum (ETH) Price Facing Uphill Task: Can It Rally Similar To Bitcoin

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ETH price made another attempt to climb above the $318 and $320 resistances against the US Dollar. The price is struggling to break $320 and it is currently consolidating gains. There is a key bullish trend line forming with support near $311 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price surged more than 7% recently and broke many hurdles such as $11,500. Ethereum price is facing a strong resistances versus the US Dollar, and declined vs bitcoin. ETH price must clear the $320 barrier to accelerate…

Ledgerx Approved to Offer Regulated Bitcoin Derivatives to Retail Investors

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The U.S. Commodity Futures Trading Commission has approved Ledgerx to offer physically-settled bitcoin spot and derivatives trading, previously available only to institutional investors, to retail investors of any size. Ledgerx explained that its new platform will share the same order book as the current institutional offering so plenty of liquidity is expected from day one. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms New License From CFTC The Commodity Futures Trading Commission (CFTC) announced Tuesday that it has approved the application of Ledgerx as a Designated Contract Market (DCM),…