XRP Price Analysis: Bulls Back in Control but Analyst Warns $0.078 is Possible

XRP Price Analysis: Bulls Back in Control but Analyst Warns $0.078 is Possible

In brief: Initially, XRP/USD looked set to lose the $0.16 support zone.  The coin has since reclaimed $0.17 and is currently trading at $0.1766.  However, one analyst warns this might be a brief rally.  In the last 24 hours, the crypto markets have gained $11 Billion in market capitalization. The total market cap now stands…

Continue Reading
Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

In brief: The team at Binance has made 3 major announcements in less than 24 hours.  Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR).  Secondly, the team launched a new OTC trading portal.  Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX). The last 24 hours have…

Continue Reading
Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

After a strong bounce from key support levels, many cryptocurrencies are now struggling to break above the 20-day EMA. The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current…

Continue Reading
This Factom-Based Stablecoin Network is About to See $1 Billion in Conversions

This Factom-Based Stablecoin Network is About to See $1 Billion in Conversions

The Factom-based stablecoin network PegNet is fast approaching $1 billion in total conversions, which is a significant number that elucidates the rapid adoption the network is currently incurring. PegNet is a unique distributed network that allows users to easily access and utilize a variety of different assets – including fiat, crypto, precious metals, and more…

Continue Reading
Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?

Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?

In brief: The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8.23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. The ETH/USDT 6-hour chart is exhibiting bearish signs that are further confirmed by a possible death cross on…

Continue Reading
Binance Coin Price Analysis: BNB Could Reclaim $14 But the Trend is Still Bearish

Binance Coin Price Analysis: BNB Could Reclaim $14 But the Trend is Still Bearish

In brief: Binance Coin was not spared by the crypto market turmoil seen on the 12th and 13th of March.  BNB dropped to a level of $6.40 last seen in February of 2019.  The prominent alt-coin might reclaim $14 but the general trend is still in a downward trajectory.  However, possible news developments at the…

Continue Reading