XRP (Ripple) XRP

$0.3133
Market Cap $ 13.054 Bn (#3)
24h Volume $ 667.723 MM
Chg. 24h: 0.00%
Algo. score 4.0/5  (#15)
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XRP (Ripple) News

New Crypto Ratings Index Lauds EOS, TRX, and ETH; Shuns BTC and LTC

China's Center for Information and Industry Development (CCID) recently released its latest crypto ratings index. The government-sponsored index ranks digital currencies based on the performance of their technology, applicability, and creativity. The index continues to praise smart contract platforms with EOS, TRX, and ETH taking the top-three positions once again. CCID placed BTC, XRP, and LTC at the bottom of the list, showing its distaste for pure cryptocurrencies. BTC took the 15th spot while XRP took the 18th position. CCID placed LTC at the 32nd slot. (VK)

2 hours ago

XRP Price Prediction: Will XRP Break $0.35 Resistance? No Silver Lining in the Cloud Is Found

💸🗠Ripple XRP is still keeping in the range of about $0.32. Is there any chance for it to change course? Let’s read XRP price predictions from TradingView users

2 hours ago

Ripple-funded Coil Seeks to Save Americans from Ads and Subscriptions

According to the 13th edition of Deloitte's Annual Digital Media Trends survey, a significant percentage of Americans cannot stand ads and subscriptions. Fortunately, Coil, a Ripple-financed project provides a solution to this problem. The initiative attracts content creators by diversifying their revenue streams and searching for the best offers. Coil requires content creators to pat $5 in subscription fees to monetize their content. They then receive XRP tips from users who have installed Coil's browser extension. Coil seeks to fix a 'broken ad-supported web' by pushing for its mainstream adoption to reduce the number of webs and minimize the shift to subscription models. (VK)

3 hours ago

Coil—Funded by Ripple, May Save Americans from Ads and Subscriptions

Americans are frustrated by subscription based models and ads. More are even concerned on how their private data are handled but Coil “feel-good subscription” and Ripple (XRP) tips will be a reprieve.

4 hours ago

Crypto Expert: Ripple's Security Ruling Won't Happen This Year

According to Jake Chervinsky from Kobre and Kim, the crypto-verse should not expect regulators to decide whether XRP is a security or not this year. Jake tweeted that although Ripple's lawsuit has been ongoing for a long time, it is in only its initial stages. Consequently, he believes that the case would take a year or more for anything interesting to happen. The plaintiffs in the case claim that Ripple lied to its investors about XRP's future price and that the coin acts like a stock, not a currency. (VK)

5 hours ago

Crypto Legal Expert: Don’t Expect Ripple’s XRP Security Ruling This Year

According to the prominent law firm Kobre & Kim’s Jake Chervinsky, the crypto space shouldn’t expect a decision to be made on XRP’s status as a security. In a tweet storm, Chervinsky broke down the lawsuit Ripple is dealing with and laid out what we can expect over the course of 2019. He says, while […]

6 hours ago

Binance's Trust Wallet to Add Support of Stellar Lumens (XLM)

The founder of Binance’s Trust Wallet, Viktor Radchenko, recently confirmed that the next currency to have support added within the wallet will be Stellar Lumens (XLM). This comes on the heels of adding support for XRP and credit card deposits earlier in March. Radchenko also revealed that Trust Wallet plans on adding new coins to the app on a weekly basis. “We want to make sure every person can store every type of asset in the world. We are adding support for Stellar on Thursday along with Aion and three other coins,” Radchenko stated. (JF)

8 hours ago

Analyst Says XRP Market is Manipulated and the Manipulators Fix the Support Level

Analyst Peter Brandt recently posted his technical analysis of XRP followed by some controversial statements that drew the ire of XRP supporters. His TA shows that XRP is stuck in a large descending triangle, and he followed up by tweeting: “Dynamics at work in a massive descending triangle that moves to apex. 1. Mkt is manipulated 2. Manipulators support at fixed level 3. But are forced to lower their selling price as time goes on 4. If (when) support gives way, desperation will ensue.” To further clarify he tweeted, “They are trying to get rid of their private stash and providing ARTIFICIAL support in process.” (JF)

13 hours ago

Ripple (XRP) Align Well with Islamic Principles, Rain to offer Support

Ripple prices drop but bullish Bahrain based Rain will offer six XRP trading pairs to their clients Transaction volumes low averaging 15 million Rain is the first crypto exchange to graduate from SRB’s sandbox and is Sharia compliant. With Ripple presence in Middle East pronounced, XRP prices may respond driving them above 34 cents and...

18 hours ago

After ‘Meaningful’ Victory, Ripple Will Likely Issue Motion to Dismiss XRP Class-Action Lawsuit, Says Securities Lawyer

A lawyer who focuses on litigation involving securities at the firm Kobre & Kim just issued a big update on the class-action lawsuit against Ripple, which alleges the company violated state and federal laws by selling XRP as an unregistered security. According to Jake Chervinsky, who is well-known in the crypto community for his insight […]

18 hours ago

[UPD] #XRPArmy Marching Along Twitter – Ripple Waiting to Sell Lion Share of XRP When Price Skyrockets: Research

⚙️💡👀XRP bots keep inflating Twitter, recruiting new XRP investors and expanding the XRP community in order to pump its price

a day ago

Sharia Compliant Exchange Rain Lists XRP

Rain, a cryptocurrency exchange based out of Bahrain has announced the listing of XRP. Rain is one of the few Sharia-compliant exchanges in the world, and XRP will be tradable against the Bahrain Dinar, Kuwaiti Dinar, UAE Dirham, Saudi Riyal, Oman Rial and the US Dollar. Apart from XRP, Rain had already listed Bitcoin, Ethereum and Ethereum. It is the first crypto exchange to graduate from Bahrain regulator's sandbox after successfully ticking all checkboxes as stipulated by Shariyah Review Bureau (SRB), a Sharia Advisory firm licensed by Bahrain’s central bank and tasked with issuing compliance certificates. XRP is priced at $0.313107. losing 1.61% in the last 24 hours. (VS)

a day ago

Left Outside The Altcoin Season: Ripple Records 12% Losses In 2019 – XRP Price Analysis March 22

Ripple has seen a small price decline of 2% over the past 24 hours of trading, decreasing the current trading price of XRP down to $0.315. The recent price drop got Ripple price to fall underneath the 2-month ascending trend-line formation which we have been following in our recent Ripple analysis. So far 2019 has […]

a day ago

XRP Price Analysis – March 22

On the 4-hour chart, the XRP price is in a bearish trend zone. Yesterday, the bullish candlestick's wick almost tested the $0.33 price level, but the bears brought the price to the $0.32 price level.

a day ago

Ripple Inc Foothold in Middle East, Rain Now Supports XRP

Rain is the latest cryptocurrency exchange to add support for XRP and trade it against five fiat currencies including the USD. The exchange is sharia compliant and has the approval of the SRB.

a day ago

XRPL Labs Searches for New Ways to Increase XRP Adoption After Woocommerce Integration

Wietse Wind, the founder of XRPL Labs, recently announced that he would fund any ideas from the XRP community to increase XRP's adoption to make it mainstream. This news comes after he supported the Woocommerce integration project through a bounty program. XRPL Labs is one of the beneficiaries of Ripple's Xpring, and his work seeks to give back to the community by pushing for the mass adoption of XRP. The top three ideas at the moment are introducing XRP micropayments for software licenses, integrating XRP tipping with Stack Overflow, and adding XRP to Shopify. (VK)

a day ago

Coinfield, a Canadian Crypto Exchange Announces Plans to Add Over 130 XRP Trading Pairs on Its Platform

Coinfield, a Canada-based crypto exchange recently announced that it would be adding more than 130 new coins on its platform. Per the announcement, the cryptocurrencies would be available in both fiat and XRP trading pairs. The exchange did not unveil which coins it seeks to add. However, Babak Bob Ras, Cornfield's CEO, promised to reveal all of them 'when the right time comes.' This news comes after Finance added XRP as its official base currency on December 24, 2018. (VK)

a day ago

XRPL Labs Explores More Ways to Increase XRP Adoption Following Woocommerce Integration

XRPL Labs founder Wietse Wind is taking the push for XRP mainstream adoption to the next level. This time, he is offering to fund any ideas from the XRP community that will further increase the adoption of XRP and bring it closer to the mainstream. Wind announced on his Twitter page that a community fund […]

a day ago

Ripple-Backed Startup Launches New Initiative to Make XRP a Mainstream Payment Option

The founder of Ripple-backed XRPL Labs is taking a unique approach to driving adoption of the digital currency XRP. Weitse Wind recently launched a crowdfunding campaign to bring XRP to 3.3 million online stores via WooCommerce. The effort was a hit, with an independent coder successfully integrating XRP onto the leading e-commerce platform in less […]

2 days ago

Ripple (XRP) Under Pressure Within a 4 Cents Range

Ripple prices oscillating in a 4 cents range xRapid adoption will catalyze XRP interest Average participation levels more than half those of Feb 24-2. Aside from IBM’s World Wire–which would in a way loosen banks allowing these conservative intermediaries to experiment with digital coins, Ripple enthusiasts are watching xRapid and how banks are responding to...

2 days ago

Binance CEO Changpeng Zhao says Inevitably, 'Everyone will be Using Crypto'

Earlier this week Binance CEO Changpeng Zhao (CZ) tweeted that he completely disagreed with JP Morgan executive Ron Karpovich’s belief that banks would always be needed to for moving money. Karpovich made the comments during an interview on CNBC’s Squawk Box and when asked about what competition the bank was watching from “disruptors” in the FinTech space Karpovich said, “There’s more partnership instead of competition in that space.” According to Karpovich, consumers won’t notice that blockchain is “the technology behind the scenes” and he explained that they will “still continue to use the payment type that you prefer, be that a wallet, be that a card, be that your bank account.” CZ countered by tweeting, “JPM just don’t get it, yet. (also a reason they are not a threat to XRP) Everyone will be in crypto. JPM will ultimately have to use crypto.” (RS)

2 days ago

How Litecoin Differs From Bitcoin

So here’s a question for you, are Bitcoin and Litecoin the same? An interesting concept but both Bitcoin and Litecoin, superficially share a lot of the same features and ideas. With state fiat currencies like the US dollar and the Euro depending on political and legitimate structures for esteem and authenticity, computerised monetary standards depend on the cryptographic trustworthiness of the system itself. Even so, both of these cryptocurrencies have vastly different outlooks and there are still some significant differences between the two protocols. Supply One of the big differences between the two cryptocurrencies is the the supply of them. There is a big contrast in the overall volume of coins that they can both deliver to the public. With Litecoin, the system can oblige up to 84 million coins but when it comes to Bitcoin, the system will never be able to supply more than 21 million coins. This huge difference is just one piece of evidence that the two are not the same. Market Cap In terms of market cap, the two digital assets have huge differences. In late 2018, Bitcoin’s market cap was around $109 billion. Whether this is a high or low figure depends on how you see it, on your verifiable viewpoint. In mid-2010, the Bitcoin market cap was around $40,000 which if you think about it, it is a MASSIVE difference to what the market cap is sitting at today. So even though, Bitcoin is still the most profitable player in the crypto space, there are others such Ripple, Ethereum and of course, Litecoin that are making some ground. Speed On both of the systems, an exchange will happen almost instantly but even so, time is required for said exchange to be affirmed by other system members. According to information from Blockchain.info, Bitcoin system’s long haul normal exchange affirmation time is a little over ten minutes for every exchange but even so, this could fluctuate when traffic makes gains. The equal figure for Litecoin is just under three minutes. Essentially, this kind of level of distinction in affirmation time could make Litecoin considerably more appealing for the dealers. Underlying Algorithms One of the biggest and most central differences between the leading cryptocurrency and Litecoin is the underlying algorithms and cryptographic calculations that they both use. The longstanding new SHA-256 calculation which is used by Bitcoin. Litecoin, on the other hand, utilises a relatively new calculation which is known as Scrypt. The distinctive differences in the calculations are very important in their effect on the way new coins are mined. Both Bitcoin and Litecoin have affirming exchanges which require a decent amount of generous registering power. As reported by Hackernoon, “a few individuals from the system apportion their figuring assets toward affirming the exchanges of different clients”. In return for this, these individuals are given square rewards by gaining units of the cash which they have mined. Litecoin’s Doubling In terms of performance, Litecoin is doing really well. Where there have been a lot of cryptocurrencies which have been suffering during this ‘crypto winter’ LTC seems to be doing quite well. So far in 2019, Litecoin has made some significant gains and the prime dealer SFOX has tried to explain what has caused said gains in an industry report and pointed out several main factors that could be behind this. The report claims that when it was initially created, the idea of Litecoin was to be “frictionless, borderless, peer-to-peer electronic cash”. With this, anything that helps the digital currency fulfil this purpose can potentially boost its price. Over the years that followed since the launch of Litecoin, the number of companies that started to accept it has increased quite significantly. The mobile app, Spend announced that it was going to be offering a Litecoin function in an upcoming update in February which was a big breakthrough for the digital currency. The update would mean that people could use Litecoin as a payment method for over 40 million merchants on an international level. The transaction fees have been decreasing and they have also been getting a lot faster. Litecoin has been making progress in decreasing its transaction time which is something that is vital in helping LTC serve as a viable medium of exchange. Over the past year, the fees have gone down too which has made it a lot easier for users which also helps the crypto serve as a medium of exchange too. These are just a few of the great things happening over at Litecoin, let’s talk about Bitcoin... well, to be honest, there isn’t much to say. BTC recently made the jump above $4,000 but aside from that, there isn’t much to report on as it is as an asset. This just shows that the two aren’t the same. Sure, they have similarities but they aren’t the same. This is something that is important to clarify.

2 days ago

Ripple (XRP) Price Facing Hurdles While Bitcoin, Ethereum Turn North

Ripple price formed a decent support near the $0.3100 level and moved higher against the US dollar. The price broke the $0.3150 resistance, but upsides remain capped near the $0.3200 level. There was a break above a key bearish trend line with resistance at $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair faced a strong resistance near $0.3200 and it corrected towards the $0.3150 support. Ripple price failed to hold gains against the US Dollar, but upsides were limited versus bitcoin. XRP/USD is currently consolidating above $0.3140 and it could slowly move higher. Ripple Price Analysis Recently, ripple price formed a solid support near the $0.3100 level against the US Dollar. The XRP/USD pair started a nice upward move and traded above the $0.3120 and $0.3140 resistance levels. There was even a close above the $0.3140 resistance and the 100 hourly simple moving average. The upward move was strong as the price cleared the 76.4% Fib retracement level of the last drop from the $0.3185 high to $0.3095 low. Besides, there was a break above a key bearish trend line with resistance at $0.3145 on the hourly chart of the XRP/USD pair. The pair climbed above the $0.3180 level, but it faced a strong resistance near the $0.3200 level. The current price action in bitcoin and Ethereum seems to be positive, but ripple failed to remain in a positive zone. It corrected lower below $0.3180 and the 23.6% Fib retracement level of the recent wave from the $0.3094 low to $0.3201 high. However, the $0.3150 level is acting as a support, which was a resistance earlier. The 50% Fib retracement level of the recent wave from the $0.3094 low to $0.3201 high also acted as a hurdle. At the moment, it seems like there is a short term channel formed with support at $0.3150. Therefore, as long as the price is above $0.3150, there are chances of a fresh upside towards the $0.3200 barrier. Looking at the chart, ripple price is clearly struggling to clear the $0.3200 barrier. If there is a bearish break below the $0.3150 and $0.3140 supports, there is a risk of a fresh drop. The next key support is at $0.3100, which prevented losses on many occasions in the past three days. Overall, traders can keep a close eye on $0.3140 for the next move in the near term. Technical Indicators Hourly MACD - The MACD for XRP/USD could move back in bearish zone. Hourly RSI (Relative Strength Index) - The RSI for XRP/USD is currently correcting lower towards the 55 level. Major Support Levels - $0.3150, $0.3140 and $0.3100. Major Resistance Levels - $0.3180, $0.3185 and $0.3200. Ripple (XRP) Price Facing Hurdles While Bitcoin, Ethereum Turn North was last modified: March 21st, 2019 by Aayush JindalThe post Ripple (XRP) Price Facing Hurdles While Bitcoin, Ethereum Turn North appeared first on NewsBTC.

2 days ago

Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs

ETH price gained traction and surpassed the key $138 resistance level against the US Dollar. The price formed a strong support near the $136 level before climbing above $138. This week’s major bearish trend line was breached with resistance near $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now trading nicely above the trend line and eyeing more gains above $140 and $142. Ethereum price slowly moved above key resistances against the US Dollar and bitcoin. ETH could continue to move higher towards the $145 resistance as long as it is above $138. Ethereum Price Analysis After a brief consolidation, ETH price formed a strong support near the $135 and $136 levels against the US Dollar. The ETH/USD pair slowly moved higher and broke a few important resistances near the $138 level. There was even a close above the $138 level and the 100 hourly simple moving average. This is a positive sign and has opened the doors for more gains above the $142 and $144 levels. More importantly, bitcoin price already climbed higher, challenging the $4,050 resistance, and it may continue to rise in the near term. Therefore, it could help ETH, XRP, and other cryptocurrencies. During the recent upside, this week’s major bearish trend line was breached with resistance near $138 on the hourly chart of ETH/USD. There was a break above the 50% Fib retracement level of the last decline from the $142 swing high to $135 low. The price traded close to the $140 level and later corrected lower. It traded below the 23.6% Fib retracement level of the recent wave from the $135 low to $140 high. However, the $138 level and the 100 hourly SMA acted as a strong support. Besides, the 50% Fib retracement level of the recent wave from the $135 low to $140 high acted as a support. The current price action suggests that the price is well supported above $138 and it may continue to rise. An immediate resistance is at $140, above which the price could break the $142 level. Looking at the chart, ETH price is trading in a positive zone above the $138 level. If buyers remain in action, the price may even challenge the $145 resistance level. On the downside, if there is a break below the $138 support, the price may revisit the $136 support. The main support is near the $135 level. ETH Technical Indicators Hourly MACD - The MACD for ETH/USD is currently gaining traction in the bullish zone. Hourly RSI - The RSI for ETH/USD climbed above the 50 level and it is currently near the 55 level. Major Support Level - $138 Major Resistance Level - $142 Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs was last modified: March 21st, 2019 by Aayush JindalThe post Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs appeared first on NewsBTC.

2 days ago

Ripple Price Prediction - A Technical Analysis of the XRP/USD Pair

Introduction Following a partnership between Ripple and Forte, a startup focused on game development, as well as the listing of XRP as an exchange-traded product (ETP) by Six Swiss Stock Exchange, the weekly chart of the XRPUSD closed showing high buying pressure of the XRP. Come along as we walk you through a top-down analysis of the XRPUSD pair. Ripple shows a few signs of strength right now, as Nasdaq may launch its Liquid Index Fund for Ripple. Ripple Technical Analysis XRPUSD: Monthly Chart A strong bullish fakey pattern is triggered in September 2018 indicating bullish rejection following a breakdown of a bearish accumulation pattern on July ’18. The bullish signal established strong support at 0.24653, posing as the only attempt for a bullish rally on the monthly chart. The more recent double bearish accumulation patterns on December ’18 and Jan ’19 emphasize the presence of bears in the market and further price decline. XRPUSD: Weekly Chart The bearish price drop formed as a result of the breakdown of bullish accumulation is slowly losing steam and a bottoming of the higher time frame is growing. This bottoming of the bearish trend was first initiated by a breakout of bearish accumulation on 17 Dec ’18, followed by a more recent bullish regular divergence in combination with a bullish accumulation pattern. Critical support levels are established at 0.30457 and 0.28524. XRPUSD: Daily Chart The above daily chart illustrates a 37.4% price increase following a breakout of bearish accumulation on December 17 ’18. A resistance level was set up at 0.40614, suggesting an end to the bullish trend. Lastly, a bullish accumulation pattern collapsed on December 26 and got price tumbling down by 26.38%. It was indeed a rollercoaster on the daily chart, as the bulls came out strong on January 30 ’19 with support at 0.28626 after a breakout of bearish accumulation. XRPUSD: 4-HOUR Chart Swing trader will really profit from trading off of the 4hour signals as it starts by initiating a breakout of bullish accumulation on 01 March ’19 20:00. The second and third day of March also triggered bearish patterns in the form of a breakdown of bullish accumulation and double bearish accumulation on 03 March ’19 04:00. An opposite bullish swing was initiated by a breakout of bearish accumulation on 05 March ’19 04:00 as the XRP makes a 6.87% gain compared to a 2.2% risk. Moving ahead to 15 March ’19 08:00, the pair finally triggers a combination of bullish regular divergence and breakout of bearish accumulation, which was cut short by a breakdown of double bullish accumulation on 16 March ’19 12:00. XRPUSD: 2-HOUR Chart Enclosed within an expanding channel, formed by opposing bullish and bearish divergence patterns on 15 March ’19 14:00 and 16 March ’19 12:00, is the 2hour chart of the XRPUSD. Prior to the bearish price decline, the bulls were seen piling up the pressure in the form of triple bullish accumulation, but could not stand the test of time. Critical resistance and support levels on the 2hour time frame are 0.33265, 0.32977, 0.31127, and 0.29521 respectively. Conclusion and Projection Considering the above analysis of the XRPUSD, we want to conclude that the pair is ready for a bullish campaign and we look forward to price heading towards the 0.6669 resistance level following a double bullish accumulation pattern formed on the weekly chart shown below. However, the bullish trend from a monthly time view will be confirmed upon a bullish price close above the monthly charts resistance of 0.46669. This article was provided by Cryptocointrade. Cryptocointrade is an informational source for crypto trading. They publish crypto trading platform reviews, crypto trading bots’ comparisons and information regarding crypto trading education. In addition, they have three different blogs, crypto technical analysis, crypto fundamental analysis and general trading blog. Both crypto trading beginners and more experienced crypto traders will find valuable information on Cryptocointrade. The post Ripple Price Prediction - A Technical Analysis of the XRP/USD Pair appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

2 days ago

Top Cryptocurrencies on the Verge of Breaking out Following an Exciting Weekly Performance

Months of waiting seem to be getting to an end as the cryptocurrency market gradually shows positive sign of bouncing back. The last seven days has been an interesting one. Almost all the top cryptocurrencies are showing a positive growth rate with Bitcoin getting back to the $4000. Bitcoin was trading at $3,905 on 13 March 2019 but recorded a 3.5% price increase to trade at $4,070 in seven days. Ethereum, the second highest ranked coin in Market Cap made an impressive price surge from $133 on 13 March 2019 to $139 today (20 March 2019.). It recorded a percentage rise of 4.1%. XRP trading at $0.316 on 13 March 2019 made a little price surge to trade at $0.319 today. It recorded a 1.17% rise in the price curve. Litecoin unsurprisingly repeated its good run to trade at $60. Litecoin was somewhere around the $30 mark at the beginning of the year, but for some time now has made good progress to double its price. Litecoin moved by 7% to record $60 from its $56 price point on 13 March 2019. EOS coin surged by 2.7% to trade at $3.7 from its $3.6 price mark in the last seven days. Bitcoin Cash is the coin of the week in the last seven days. BCH surged in price by 23%. On 13 March 2019, it was trading at $129. In just seven days, it took a high jump to record $158. Stellar Lumens pulled an impressive performance to make a difference in its price by recording a 6% price increase. On 13 March 2019, it was trading at $0.103 but currently trading at $0.111. The 6% price growth made a little impact on its market price due to the size of its available supply. Tron surged in price by 1.77%. Cardano also made another impressive run having recorded a percentage increase of 13% in the last seven days. It was trading at $0.04 on 13 March 2019 but currently trading at $0.05. Monero which is ranked in the first 20 of Coinmarketcap rankings rose in price by 7% in the last seven days. Another cryptocurrency that deserves recognition is Ontology. Ontology surged in price by 23% in the last seven days. It is interesting to note that after the market stabilized for a while, there has not been any massive fall. The cryptocurrencies have been climbing the price curve slowly, and this is a good sign for the market and for those who have some coins in their wallet waiting for the bull run. The post Top Cryptocurrencies on the Verge of Breaking out Following an Exciting Weekly Performance appeared first on ZyCrypto.

2 days ago

Ethereum Price Watch: ETH Set To Make A More Decisive Move In The Next Couple Of Days

In the last couple of days, the market has shown a low level of volatility, one that has not been witnessed for some time now. Top coins like BTC, ETH, and XRP have remained within the range of their recent rally. By establishing high support positions, the coins are well positioned for the next rally. However, they all have to get above key resistance levels established in the last couple of days before the next strong bullish rally. Via Coin360.com In the last 24 hours, the market has turned green with most major coins recording gains of between 1% to 5%. ETH, in particular, has seen gains of a little over 1% and is now exchanging for $140. Getting above this position was key to ensure its short-term outlook remains bullish. Now it will need to break out above $145. A more decisive move will see the coin rally and hit as high as $150, where the coin will encounter much stronger resistance. ETH in the past has mimicked the behavior of BTC and with the crypto leader now eyeing a position above $5,000 in the next couple of weeks, the altcoin leader will look to reciprocate the growth rate, easily seeing it rally above $200. Since ETH dropped below $200 towards the end of November, the coin has failed to reach these highs, only reaching as high as around $162. A break out above $150, signals a strong bullish outlook and a possibility at getting above $200. Anything above $150 will additionally signal the end of the crypto winter being experienced in the market although this will have to be coupled with other cryptocurrencies getting above their respective key resistance levels. With the market currently highly unpredictable, if the bears take over, we could see prices pull back to around $135. Despite the pullback, the drop will still play in favor of the bulls since trading above the $133 support position allows the bulls to consolidate and make a come back. It is only when prices fall below $130 that there will be real concern that the bears might be taking over. The post Ethereum Price Watch: ETH Set To Make A More Decisive Move In The Next Couple Of Days appeared first on ZyCrypto.

2 days ago

Ontology (ONT) Surges 25%, Overtakes ETC and NEO In Market Cap

Ontology price rallied recently by more than 25% and broke the $1.40 resistance against the US Dollar. ONT surpassed the market cap of ETC and NEO to climb at 17th position in the market cap. There is a major bullish trend line in place with support at $1.200 on the 4-hours chart of the ONT/USD pair (data feed from Binance). The price traded as high as $1.4417 recently and it may correct lower in the near term. Ontology (ONT) rallied recently above $1.30 and $1.40 against the US dollar. ONT surpassed the market cap of ETC and NEO to climb to 17th spot, with a strong bullish momentum. Ontology (ONT) Price Analysis Yet another solid week for ontology (ONT) as its price rallied above the $1.20 barrier against the US dollar. Recently, there were positive moves in bitcoin, Ethereum, ripple, litecoin and EOS, helping ONT in gaining traction. After struggling near the $1.08 resistance for some time, buyers finally gained momentum. The price surged above the $1.10 and $1.20 resistance levels to start a solid uptrend. It rallied above the $1.40 resistance and traded to a new yearly high at $1.4417. At the moment, the price is retreating from the $1.4417 high and it may correct lower in the near term. An initial support is $1.365 and the 23.6% Fib retracement level of the last wave from the $1.105 low to $1.441 high. If there is a downside extension, the price may test the $1.275 support. It represents the 50% Fib retracement level of the last wave from the $1.105 low to $1.441 high. Besides, there is a major bullish trend line in place with support at $1.200 on the 4-hours chart of the ONT/USD pair. The trend line support is near the 61.8% Fib retracement level of the last wave from the $1.105 low to $1.441 high. Moreover, the price is well supported above the $1.20 pivot level and the 55 simple moving average (4-hours). Therefore, if there is a downside correction, the price is likely to find a lot of buyers near the $1.27 and $1.20 level. On the upside, an initial resistance is near $1.441, above which the price could trade towards $1.50. Looking at the chart, ONT price is clearly surging higher, with a strong bullish angle above $1.30. Dips remain supported and there are high chances of more gains above $1.45 and $1.50. Technical indicators 4 hours MACD - The MACD for ONT/USD is currently placed heavily into the bullish zone, with a positive bias. 4 hours RSI (Relative Strength Index) - The RSI climbed higher sharply and it is currently above the 70 level. Major Support Levels - $1.3500 and $1.2750. Major Resistance Levels - $1.4400 and $1.5000. The post Ontology (ONT) Surges 25%, Overtakes ETC and NEO In Market Cap appeared first on Live Bitcoin News.

2 days ago

Litecoin (LTC) Price Primed For More Upsides Toward $65

Litecoin price remained in an uptrend and traded above the $60.00 resistance area against the US Dollar. LTC price corrected lower, but it found support near the $57.00 area. There is a key bullish trend line formed with support at $57.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is currently consolidating above supports and it may climb towards the $65.00 resistance area. Litecoin price is placed nicely above key supports against the US Dollar and bitcoin. LTC could trade in a range before a fresh upward move above $62.00 and $64.00. Litecoin Price Analysis In the past few days, there was a steady rise in litecoin price from the $52.00 swing low against the US Dollar. The LTC/USD pair traded above the $55.00 and $58.00 resistance levels to move into a positive zone. The recent upward move was strong as the price even broke the $60.00 barrier. A new monthly high was formed at $62.28 and the price settled well above the 55 simple moving average (4-hours). Recently, there was a downside correction in bitcoin, Ethereum, ripple, Litecoin, EOS, ADA, TRX and other cryptocurrencies. LTC price corrected lower and traded below the $60.00 support. There was a break below the 23.6% Fib retracement level of the last wave from the $52.37 low to $62.28 high. However, the decline was protected near the $57.00 level and the 55 simple moving average (4-hours). Moreover, the 50% Fib retracement level of the last wave from the $52.37 low to $62.28 high acted as a support. Besides, there is a key bullish trend line formed with support at $57.40 on the 4-hours chart of the LTC/USD pair. The price recovered and moved above the $58.00 and $59.00 levels. However, it seems like the price is struggling to gain momentum above the $60.00 level. The current price action suggests that there could be range moves above $57.00 before a fresh upward move. A successful break above $60.00 and $62.00 may perhaps open the doors for more gains. Looking at the chart, litecoin price is clearly placed nicely in a positive zone above the $57.00 level. If there is a downside break, the next key support is near the $55.00 level. On the upside, buyers seem to be targeting a break above the $62.00 resistance level. The next main resistance is near the $65.00 level, where sellers may emerge. Technical indicators 4 hours MACD - The MACD for LTC/USD is slowly reducing its bullish slope, but with no major bearish sign. 4 hours RSI (Relative Strength Index) - The RSI for LTC/USD is still placed well above the 50 level. Key Support Levels - $57.00 and $55.00. Key Resistance Levels - $60.00 and $62.00. The post Litecoin (LTC) Price Primed For More Upsides Toward $65 appeared first on Live Bitcoin News.

2 days ago

Price Analysis: XRP Awaits Huge Sell-Off Or Huge Buy-Off!

Supply zones: $0.32, $0.33, $0.34 Demand zones: $0.31, $0.30, $0.29 XRP/USD Medium-term Trend: Ranging XRP/USD is on the ranging trend on the medium-term outlook. The crypto has been range - bound within the supply zone of $0.32 and demand zone of $0.31 for more than one week. XRP found its low at $0.30 on March 4. The Bulls prevented further reduction in the price of XRP with the formation of doji candle followed by bullish candles that broke up the $0.31 demand level and the dynamic resistance of 21 periods and 50 periods EMA. The Bullish momentum pushed up the coin to touch the supply level of $0.32. Since then, the crypto started ranging within the symmetrical triangle formed. The two EMAs are interlocked to each other as a sign of consolidation and the XRP is hovering over the 21 periods EMA and 50 periods EMAs within the range. The breakout is imminent; the bullish break out at the upper trend line of the triangle will increase XRP price to $0.33 price level in case the bulls gain enough momentum while the bearish break out at the lower trend line of the triangle will make the coin to find support at the previous low of $0.30. Meanwhile, the Stochastic Oscillator period 14 is below 60 levels with the signal lines bending down. XRP/USD Short-term Trend: Ranging XRP/USD is on the sideways movement on the short-term outlook. A “Cup shape with handle” candle pattern formed on the 1-Hour chart within the symmetrical triangle led to the consolidation within the range of $0.32 supply level and $0.31 demand level. On March 20, an attempt was made by the bulls to breakout with the formation of the strong bullish candle but the move was opposed by the Bears’ pressure. The two EMAs are interlocked within the triangle and XRP price is trading over the two EMAs; that is evidence of consolidation in the market of XRP. The Stochastic Oscillator period 14 is at 20 levels with signal line turning down to indicate bearish pressure. The post Price Analysis: XRP Awaits Huge Sell-Off Or Huge Buy-Off! appeared first on ZyCrypto.

2 days ago

Ontology [ONT] Sees Epic Rise of 24 Percent Following 200,000 ONG Trading Competition

Ontology (ONT) is the only blooming cryptocurrency among top 20 coins with as much as 24 percent over the past 24 hours. At the moment, the coin sits on 17th spot, moving upward to enter the market cap of 15th largest coin. Ontology (ONT) Surged Again On one hand trading volume of leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP doesn’t appear to be in a thrilling graph - Ontology (ONT), on the other hand, sees an epic rise of 24 Percent within a couple of hours. Consequently, as per the data provided by coinmaketcap, ONT is trading at the value $1.38 against USD and as such, its average trading volume counts $681,067,252. Majority of trading volume of ONT coin comes from exchanges like Bit-Z, Huobi Global, Binance, DigiFinex, OKEX, Gate.io, Upbit and unlike. Although Bit-Z contributing as much as $34,690,324 with pair of USDT, Binance, DigiFinex, OKEx, and Huobi are contributing to multiple pairs including USDT, BTC, KRW, ETH and more. However, there’s no recent listing that could directly link with the surging volume of ONT but analyzer is closely connecting the spike is a result of Ontology’s giveaway of 200,000 ONG token (Ontology Gas) among traders as a celebration to mark their listing anniversary on Binance cryptocurrency exchange. Accordingly, trader with higher trading volume of ONG at Binance excahnge (between 14-21 march) was supposed to win a prize. For those who don’t know the connection between ONT and ONG, Ontology Network uses dual token - ONT is the coin used for staking in consensus whereas ONG is the utility token. $ONG Trading Competition - 200,000 $ONG to Give Away!https://t.co/aXqFYRtA2s pic.twitter.com/g9QXhS4K29 — Binance (@binance) March 13, 2019 Moreover, on March 19, Mobile digital currency wallet called ‘Banko Wallet’ announced to support ONT token along with ONG token as well as Ontology DApps. The announcement reads that; Banko Wallet now supports ONT, ONG, and Ontology dApps. Banko Wallet brings along its 7,000+ active dApp users and provides quality crypto asset management services and user experience for the Ontology community. Read more and download at: https://t.co/nspCDOhm0d. $ONT $ONG pic.twitter.com/hZ6B8KiG71 — Ontology (@OntologyNetwork) March 20, 2019 Besides this, speaking with CNBC media, Ontology founder Li Jun also revealed that the firm is now working with Lanxess Chemicals company on chemical supply chain tracking. Talking with CNBC, Li Jun mentioned Fosun has finished their Ontology-based loyalty points solution, improving their system which has 100 million users. He also shared that Ontology is working with Lanxess on chemical supply chain tracking. https://t.co/bBYjSG0qHu $ONT $ONG — Ontology (@OntologyNetwork) March 21, 2019 The post Ontology [ONT] Sees Epic Rise of 24 Percent Following 200,000 ONG Trading Competition appeared first on Coingape.

2 days ago

Indian Exchange Launches Lending Program for 5 Cryptocurrencies

An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com. Also read: Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory Suggestions Lending Cryptocurrencies Coindcx announced Thursday that its crypto lending program called Dcxlend has come out of the beta testing phase and is now fully launched. Five cryptocurrencies are supported: BTC, USDT, ETH, XRP, and BNB. The exchange’s website currently displays monthly interest rates of 2 percent for BTC, 1 percent for USDT, 1 percent for BNB, 0.75 percent for XRP, and 0.75 percent for ETH. CEO Sumit Gupta told news.Bitcoin.com that BTC has the highest interest rate “because our traders mostly do margin trading in BTC markets (hence high demand for BTC lenders).” The exchange detailed that there are “three lending term lengths: 7 days, 15 days, and 30 days. The interest rate varies dynamically and goes up to a maximum of 2%, according to market dynamics — demand and supply.” Furthermore, its website states that “the cryptocurrencies lent through Dcxlend will be used to provide leverage to users on Dcxmargin,” another service the exchange offers. Gupta shared with news.Bitcoin.com that during the beta testing period with just BTC and USDT, “we had roughly 120 lenders which led to a circulation of 170 BTC on a daily basis.” Claiming that the program has recently garnered more attention from lenders, he remarked, “Hence we’re scaling it up and will keep on adding more coins.” The CEO explained that his exchange has an internal settlement and liquidation mechanism for margin trading which does not have “a dedicated funding wallet,” elaborating: Funds are then lent to the users only when the margin trade is open, with no withdrawal access and hard liquidation with 7.5% maintenance margin. Similar Programs Worldwide In the U.S., Blockfi recently introduced a savings account that enables customers to earn 6.2 percent annually on their BTC and ETH. Meanwhile, regulated bitcoin derivatives exchange and clearinghouse Ledgerx has a program called Ledgersavings which allows clients to earn an implied rate of around 16 percent annually. In Japan, regulated exchange GMO Coin launched a lending program for BTC, BCH, ETH, LTC, and XRP last year. However, at the time of this writing, the exchange is only borrowing BTC but customers can lend between 10 and 500 BTC over 181 days and earn up to an annual rate of 5 percent. Recently-licensed Japanese exchange Coincheck, which was hacked in January last year, also has a lending program for BTC with a maximum annual rate of 5 percent. Prior to the hack, this service supported 12 cryptocurrencies. Bitbank, another regulated Japanese exchange, also offers up to 5 percent interest annually for users lending between 1 and 25 BTC. Besides BTC, the exchange plans to extend the offer to BCH, ETH, LTC, XRP, and MONA. Would you lend your cryptocurrencies to an exchange? Let us know in the comments section below. Images courtesy of Shutterstock. Disclaimer: Bitcoin.com does not endorse or support claims made by any parties in this article. None of the information in this article is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Neither Bitcoin.com nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Need to calculate your bitcoin holdings? Check our tools section. The post Indian Exchange Launches Lending Program for 5 Cryptocurrencies appeared first on Bitcoin News.

2 days ago

IBM Announcement Pushes BTC And XLM

The markets have seen a small amount of positivity over the past few weeks, though when we say small, note that we do mean small. As it stands, the markets are still way down from the figures we witnessed this time last year, with no chance of a surge that will pull Bitcoin back to $20,000.00 expected anytime soon either. Earlier this week, IBM made a huge announcement with regards to their Blockchain World Wire Global Payment Network, an announcement that seems to have had a positive impact on Bitcoin and Stellar, though the rest of the markets have remained stagnant. It’s worth noting that Blockchain World Wire works on the Stellar network, so it’s no surprise that this news has benefitted XLM, which at the time of writing has a value of $0.113. I should mention that this is not investment advice, even though this news has helped push XLM and Bitcoin ever so slightly, it’s not going to cause the markets to sky rocket, therefore this should not be taken as investment advice. If you do decide to invest in Stellar, Bitcoin or any other cryptocurrency, do so off your own back, informed by your own research. Only invest what you can afford to lose. According to Forbes, Marie Wieck, the General Manager at IBM Blockchain has said: "We've created a new type of payment network designed to accelerate remittances and transform cross-border payments to facilitate the movement of money in countries that need it most. By creating a network where financial institutions support multiple digital assets, we expect to spur innovation and improve financial inclusion worldwide." The major announcement from IBM came at the start of this week, when IBM announced that the Blockchain World Wire Network had seen an expansion across more than 50 countries, meaning a whole load of new countries had adopted this technology, therefore meaning that a load more people and institutions would start to use Stellars technology in order to settle payments. Great news for Stellar, bad news for Ripple - arguably Stellars closest rivals. “This partnership was a significant step forward for cryptocurrencies. This is because instead of Stellar trying to compete with chartered financial institutions, they were able to include them in a productive way that is beneficial to all parties involved.” Once the underdog in the shadow of Ripple, Stellar is now at the fore of international payments via the blockchain. The war between the two is hotting up, which can only result in the development of bigger and better blockchain technologies. What an exciting time to be an investor!

2 days ago

Coin Stats Launches World’s First Fully Guaranteed Mobile Crypto Wallet To 500,000 Active Users

Most secure mobile wallet utilizes the hardware that's already in 1.6 billion phones and provides FIPS 140-2 based, military-grade security. Privately, securely send crypto assets via WhatsApp and other messengers (San Francisco - March 21, 2019) Coin Stats, the cryptocurrency research and portfolio tracker with over $5 billion in crypto portfolio and 500,000 monthly active users, launched Coin Stats Secure Wallet, the world’s first guaranteed, secure, hardware-rooted digital wallet on March 21. This groundbreaking platform, developed with and powered by SignKeys, has been launched to complement the incredibly popular Coin Stats portfolio tracker app. It gives Coin Stats users the ability to track and make transactions directly in the app, rather than having to rely on an outside wallet or exchange. Based on military-grade security (FIPS 140-2), the wallet uses an ultra secure, specially licensed and hardware-based environment, already available on 1.6 billion existing smartphones. This level of security allows SignKeys and Coin Stats to provide a guarantee that no other wallet does. SignKeys provides a unique guarantee on the full value of crypto assets in a user’s wallet, up to 10 times the value of KEYS tokens that user holds. The minimum balance of $10 worth of KEYS tokens will protect $100 in other crypto assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) as well as more than 220 other altcoins, simultaneously. This in itself is an achievement, as most hardware wallets can only hold a handful of different types of tokens at the same time and require a dongle. The wallet includes numerous innovations beyond just security. For example, users will be able to privately and securely send crypto assets through existing messengers like WhatsApp. Atomic swaps - currently available between KEYS and BTC - will allow immediate peer-to-peer exchange. “With so much news of hacks on exchanges, and wallets so complex to use they’d drive Satoshi mad, it’s no wonder blockchain is so intimidating to the masses,” said Joseph Toh Founder at SignKeys. “Launching the world’s first guaranteed cryptocurrency wallet together with CoinStats, one of the largest crypto portfolio providers, is a true opportunity to restore confidence in the market.” (See a full interview with Joe here.) Narek Gevorgyan, Founder at Coin Stats, said, “Keeping your cryptocurrencies secure and easily accessible is still pretty complex, which slows down the crypto adoption. The wallet solution we’re going to release with SignKeys is a first step into solving that problem together.” (See a full interview with Narek here.) Coin Stats advisor Mark Mueller-Eberstein helped to facilitate this collaboration with SignKeys. Coin Stats and SignKeys will extend their B2B capabilities beyond the wallet with offerings that easily integrate to financial products and systems, replacing the need for costly custody solutions. The Coin Stats app is free to download from the Apple AppStore or Google Play. About Coin Stats Coin Stats is one of the biggest cryptocurrency price and portfolio trackers on a market offering automatic portfolio tracking by connecting your wallets and exchange account. Currently Coin Stats supports over 4000 coins and 200 exchanges, providing detailed analytical access to your cryptocurrency portfolio. About SignKeys SignKeys is the first guaranteed, secure, hardware-rooted digital wallet that lives on your mobile phone. The SignKeys wallet supports more than 220 tokens, and guarantees crypto assets stored within at a 10:1 ratio based on the value of KEYS tokens owners hold. SignKeys mission is mass adoption, so companies can OEM/White Label SignKeys solutions rather than waste two years and take risks to build a proprietary solution. As of end January, 2019, the company has distributed more than $2 million worth of KEYS tokens in private placement. Founded in 2017 by Joseph Toh, from a long career helping traditional institutions adopt new technologies with executive roles at Credit Suisse and Accenture. The team has grown to 34 people spread across Asia, Europe and the United States. To learn more about SignKeys visit signkeys.com. The SignKeys Secure Wallet is currently available for download for iOS and Android..

2 days ago

Shelley Upgrade Getting Ready On Cardano

Cardano is one of the biggest cryptocurrencies in the space at the moment. The team have released the 1.5 version earlier this week which is a key step towards its highly anticipated Shelley release. It is getting closer to ditching cryptocurrency miners and running as a proof of stake blockchain. The latest version introduces a large volume of changes aimed at smoothing over the transition from its current state, dubbed as Byron, towards Shelley which fans have been anxiously awaiting. As well as other things, the Shelley upgrade which will integrate a new consensus protocol, Ouroboros BFT which assists the cryptocurrency guard against 51 percent attacks. Although the new upgrade protocol won’t be implemented straight away, Cardano has said that the protocol will technically be implemented along with a hard fork but it will be executed in a “smooth and automatic way”. As well as moving Cardano towards the Shelley protocol, version 1.5 has brought in some new features. This includes some changes to the UX in addition to providing better information about the amount of disk space required to run a Cardano node. Although despite making slow and steady progress, Cardano still hasn’t been listed on Coinbase, one of the biggest crypto exchanges in the United States. Although this should spark some hope in Cardano investors as the token was listed as a potential cryptocurrency by Coinbase. Although new listing by Coinbase has got a history of boosting the price of the newly added cryptocurrency, XRP and Stellar’s recent listing on the platform didn’t do much for the price. In fact, they only experienced minor gains following the announcement of a listing. Cardano is still continuing to make moves despite the continuous grip of the bears. With the upcoming Shelley update on the horizon for Cardano, could Coinbase be getting ready to list the cryptocurrency in the near future? One can only hope. According to CoinMarketCap, Cardano is currently priced at $0.05 following a 4.50 percent increase over the past 24 hours. The market cap for Cardano is currently $1,420,878,207 at the current time of writing.

2 days ago

Bitcoin (BTC) Price And Time: Trend Overwhelmingly Bullish

Bitcoin price is gaining bullish momentum above the $4,000 resistance area against the US Dollar. The price is trading near monthly highs and it could accelerate above $4,050 and $4,080. There is a key connecting bullish trend line formed with support at $3,985 on the hourly chart of the BTC/USD pair (data feed from Kraken). The current price action indicates a positive uptrend, with chances of gains above $4,100 in the near term. Bitcoin price is trading with a positive bias above $4,000 against the US Dollar. Dips in BTC remain supported and buyers seem to be sighting more upsides above $4,050. Bitcoin Price Analysis Yesterday, we discussed that bitcoin price is hesitating, but there are chances of more gains above $4,000 against the US Dollar. The BTC/USD pair formed a solid support base near the $3,940 level and later started an upward move. There was a slow and steady rise above $3,980 and 100 hourly simple moving average. The price climbed above the $4,000 barrier and traded close to the last swing high near $4,050. It traded as high as $4,049 and remains well supported on the downside. The crypto market (ETH, XRP and others) seems to be trading with a positive bias, boosting the sentiment for BTC. It is currently correcting lower below $4,030 and the 23.6% Fib retracement level of the recent wave from the $3,969 low to $4,049 high. However, there are many supports near the $4,000 level and the 50% Fib retracement level of the recent wave from the $3,969 low to $4,049 high. There is also a key connecting bullish trend line formed with support at $3,985 on the hourly chart of the BTC/USD pair. The trend line support coincides with the 61.8% Fib retracement level of the recent wave from the $3,969 low to $4,049 high. The price is likely to find a strong support near the $4,000 and $3,985 levels. On the upside, an initial resistance is near the $4,050 level, above which the price could climb towards $4,080. The next main resistance is near the $4,100 level. Looking at the chart, bitcoin price is placed nicely in an uptrend above $3,980 and it could continue to rise in the near term. On the flip side, if there is a break below $3,980, there could be a downside extension below $3,960. The most important support is at $3,940, below which the price may slide into a bearish zone. Technical indicators: Hourly MACD - The MACD is likely to move into the bearish zone in the short term. Hourly RSI (Relative Strength Index) - The RSI for BTC/USD is currently moving lower towards the 50 level. Major Support Levels - $4,000 followed by $3,980. Major Resistance Levels - $4,040, $4,050 and $4,080. The post Bitcoin (BTC) Price And Time: Trend Overwhelmingly Bullish appeared first on NewsBTC.

2 days ago

Crypto Market Rally Inevitable: ONT Surges, Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap is about to break the $136.0B resistance level for the next bullish wave. Bitcoin cash price is back above the $160 level and it may continue to rise towards $165. EOS price is slowly moving higher towards the key $3.80 resistance area. Stellar (XLM) price is currently consolidating above $0.1110 and it could move towards $0.1200. Tron (TRX) could recover and test the $0.0230 resistance level. The crypto market seems to be positioned for an upside break, with solid gains in ONT and XTZ. Bitcoin (BTC), Ethereum (ETH), stellar (XLM), BCH, EOS, ripple and tron (TRX) are eyeing more gains. Bitcoin Cash Price Analysis Recently, bitcoin cash price corrected lower from the $165 resistance against the US Dollar. The BCH/USD pair tested the $158 level where buyers appeared. The price moved higher once again and broke the $160 resistance level. The current price action is positive and it seems like there could be more gains towards the $162 or $165 level. If bitcoin accelerates higher above $4,100, it could help BCH in clearing the $165 and $170 resistances. Stellar (XLM), EOS and Tron (TRX) Price Analysis EOS price corrected lower recently, but the $3.65 level acted as a decent support. The price climbed higher once again and traded above $3.70 and $3.75. The next key resistance is at $3.80, above which there is a risk of more gains towards the $4.00 level. Stellar price performed really well this week as it gained traction above the $0.1100 level. XLM price is currently consolidating gains and it seems to be setting up for more upsides above the $0.1150 and $0.1160 in the coming sessions. Tron price is back above the $0.0220 support, but upsides might be limited. TRX price may correct higher towards $0.0230, where sellers are likely to emerge. On the downside, a break below the $0.0220 support could open the doors for a break towards $0.0200. Ontology (ONT) price rallied recently by more than 16% and broke the $1.20 and $1.30 resistance levels. The next stop for ONT buyers seem to be near $1.50. Looking at the total cryptocurrency market cap hourly chart, there was a slow and steady rise from the $130.0B support level. The market cap followed a nice uptrend and it recently moved above the $132.0B and $134.0B resistance levels. However, the $136.0B level is currently acting as a strong resistance. The current technical formation is solid and suggests that the market cap could climb above the $136.0B and $137.0B resistance levels in the near term. Therefore, there are high chances of a decent bullish wave in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, ONT, XTZ, and other altcoins in the near term. The post Crypto Market Rally Inevitable: ONT Surges, Bitcoin Cash, XLM, EOS, TRX Analysis appeared first on NewsBTC.

2 days ago

Vitalik Buterin: “Inevitable” That Ethereum Loses Some of its Lead in Crypto

Ethereum co-founder Vitalik Buterin admitted that Ethereum is losing its lead in the cryptocurrency market. Speaking on the Unchained podcast, Buterin said that losing a chunk of market share was “inevitable and unavoidable” for both the crypto projects. The 25-year old developer referred to new blockchain projects that were taking different approaches to reach the same goal as that of Ethereum, thereby taking away some part of its community. He told host Laura Shin that: “It [Ethereum] has lost some of its lead to some extent. It’s kind of inevitable and unavoidable. Ethereum really was the first general purpose smart contract thing. Bitcoin was, for example, the first cryptocurrency and originally, it had 100 percent of the market share. Then, it went to 90 and now it’s at 55.” How is Crypto Market Share Calculated? Market share refers to the percentage of one asset’s market capitalization against the total valuation of the asset’s industry. The first cryptocurrency bitcoin gained a natural lead over other crypto projects. It continues to hold the first rank of biggest cryptocurrency by market cap. Nevertheless, the rise of competing projects, starting with Litecoin, Dash, and followed by Dogecoin, XRP, Ethereum, Bitcoin Cash, amongst many others kept sneaking away little portions off bitcoin’s once-100% market share. .@laurashin asks @VitalikButerin, "Would you be upset if another blockchain took the lead [ahead of ethereum]?" Buterin jokingly responded, "It depends which blockchain ... If #TRON takes over ethereum, I'll have lost a certain amount of hope for humanity, not nearly all." — Christine Kim (@christine_dkim) March 21, 2019 However, losing market share does not mean that bitcoin is shrinking. The cryptocurrency market capitalization, on a whole, was just $1.59 billion on April 23, 2013. And now, its valuation is well above $141 billion. Similarly, Bitcoin’s market capitalization on April 28, 2013, was $1.50 billion. And now, it has surged to $71.95 billion. Of course, bitcoin’s market share is now 48-percent less than what it used to be in 2013. But it does not mean its individual valuation has gone down. As a standalone project, bitcoin is ballooning as it was all those years. Is Bitcoin Losing Market Lead? From an investor’s point of view, the market now has more crypto projects than ever. Traders have more options to spread their portfolio and distribute their risks across multiple crypto-assets. It might have to do with an asset’s long-term potential, but it can also be about hedging near-term - to make profits from intraday price volatility. But the crypto market is not just a few traders anymore. According to a study published by the University of Cambridge last December, the number of cryptocurrency users almost doubled in the first three fiscal quarters of 2018. Excerpts from the report: “Combining public data and survey findings, we estimate that the total number of user accounts at service providers amounts to at least 139 million in late 2018. Using a combination of verified user data and the average share of ID-verified accounts described above, we also estimate there are currently at least 35 million ID-verified users globally.” Source: University of Cambridge An increase in user-base means that more fiat assets flew into the crypto market, benefitting bitcoin as well as rest of the cryptocurrency market. The only difference remained that investors now had more assets to invest other than bitcoin, which is why the leading crypto asset lost some part of its market share. Again, it doesn’t mean that it lost the lead. Buterin rightly said that it was a win-win situation for everybody and no one blockchain plan was competing with the other. “I want to see an environment where different approaches to things can thrive and prosper. Ethereum can win and other projects that do interesting things can win too.” [Disclaimer: The author is holding long positions in Bitcoin and Ethereum markets.] The post Vitalik Buterin: “Inevitable” That Ethereum Loses Some of its Lead in Crypto appeared first on NewsBTC.

2 days ago

XRP Price Analysis - March 21

On the 4-hour chart, the XRP price is in a bullish trend zone. On March 20, the bulls tested the $0.32 resistance level but the bears made a downward correction to the low at $0.31.

2 days ago

Bitcoin [BTC/USD] Price Analysis: Coin’s short-term gains fail to dent long-term scenario

The sideways price movement of the market changed slightly with some cryptocurrencies witnessing sporadic bullish gains. The big-league cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP only saw slight gains, while several altcoins witnessed double-digit gains and increases in market caps and market volumes. 1-hour: Source: Trading View The one-hour chart of Bitcoin showed a significant uptrend that lifted the price from $3,852.92 to $3,972.16. The long-term support held at $3,807, while the resistance was at $4,039.83. The Bollinger Bands started flattening after the upper band and the lower band diverged earlier due to the price jump. There was also a notable increase in the size of the Bollinger clouds. The Parabolic SAR was below the price candles, which was a bullish sign. Over the past few days, the markers predominantly showed a bullish sign. The Chaikin Money Flow indicator was just above the zero-line, which meant that the capital coming into the market was more than the capital leaving the market. 1-day: Source: Trading View Bitcoin’s one-day chart painted a different picture as the downtrend resulted in the price falling from $6,286.80 to $4,029.62. The long-term support was at $3,169.73. The MACD indicator showed the signal line and the MACD line moving together after undergoing a bearish crossover. The MACD histogram was almost negligible. The Relative Strength Index was close to the overbought zone, which meant that the buying pressure was significantly higher than the selling pressure. The Awesome Oscillator displayed a slight lull due to the fall in the Bitcoin’s market momentum. The last major increase in momentum was in December. Conclusion: The above-mentioned indicators clearly stated that Bitcoin’s slight bullish run in the short-term had almost no impact on the long term. The post Bitcoin [BTC/USD] Price Analysis: Coin’s short-term gains fail to dent long-term scenario appeared first on AMBCrypto.

2 days ago

Mercury FX uses Ripple’s xRapid to transfer thousands of dollars on a weekly basis, says CEO Alastair Constance

Mercury FX is a money remittance service based in London with offices in various countries around the world. It is also one of Ripple’s many partners, and is focused on cross-border payments. In an interview with Decrypt, the CEO of Mercury FX, Alastair Constance, spoke about their recently opened xRapid corridors in Mexico and the Philippines. Constance said, “We are steaming ahead, to be honest, and we are looking for more jurisdictions and more flow to the jurisdictions we’ve already opened up... We are working very closely with [Mexico and the Philippines] on opening up new channels. We are very keen to move very fast but it’s difficult when you’re building a new network.” He also added that Mercury FX was working with Ripple to expatriate Filipino and Mexican communities and companies doing business in those channels. Additionally, Constance said that operating cross-border payments had two challenges, the first one being capital control, and the second one being crypto exchanges in destination countries. Constance added that the two aforementioned channels were constantly being used, with about tens of thousands of dollars being transferred through those payment channels using xRapid. Further, Constance explained that he wanted to attract more customers or potential clients in those countries. He stated, “Once the pipe is open, there is no limit to how much one can put through it. We are actively marketing with Ripple, to try to invite those kinds of clients and, I think, with increasing success. It could be that we have serious amounts of luck and we end up doing hundreds of thousands, millions, tens of millions of dollars.” @ownAmonkey, a Twitter user, commented, “I don’t buy. Ten of thousands each week between Mexico and Philippines. Yeah right ” @ZerpEnthusiast, another Twitter user, added, “I can’t believe people are complaining. The price isn’t moving because tens of thousands still isn’t a lot in the scheme of things, but it’s a preview of what’s to come. Imagine once other FI’s start to send tens of thousands which can then turn into 100k-millions+ and so on” The post Mercury FX uses Ripple’s xRapid to transfer thousands of dollars on a weekly basis, says CEO Alastair Constance appeared first on AMBCrypto.

2 days ago

Indian exchange Coindcx launches lending program; will support five cryptocurrencies

Indian cryptocurrency exchange, Coindcx, recently announced the launch of its crypto-lending program, Dcxlend. The program would allow users to earn interest on the cryptocurrencies held within the exchange. The announcement stated that the program’s beta testing phase was over, and five cryptocurrencies are supported by the program, including Bitcoin [BTC], USD Tether [USDT], Ethereum [ETH], XRP and Binance Coin [BNB]. Sumit Gupta, the CEO of Coindcx, shared his thoughts with Bitcoin.com, and said that only BTC and USDT were supported during the beta phase. He said that the exchange had over 120 lenders, which led to the daily circulation of 170 BTC, over the testing period. He also said that the exchange was still scaling up, and that the platform would add more crypto tokens soon. The CEO further explained that the exchange had an internal settlement and liquidation mechanism for margin trading. However, it did not have a funding wallet. He stated, “Funds are then lent to the users only when the margin trade is open, with no withdrawal access and hard liquidation with 7.5% maintenance margin.” After the announcement, the exchange’s website was updated to show monthly interest rates. The rates were, 2 percent for BTC, 1 percent for USDT, 1 percent for BNB, 0.75 percent for XRP, and 0.75 percent for ETH. Gupta added that BTC had the highest interest rates owing to the fact that most of the exchange’s traders did margin trading on BTC markets. The lending term lengths associated with the program were 7 days, 15 days and 30 days. The interest rates would be subject to change, according to the market dynamics of “demand and supply.” Moreover, the exchange announced that the cryptocurrencies lent via Dcxlend would also be used to provide leverage to users on Dcxmargin, another prominent service offered by the crypto exchange. The post Indian exchange Coindcx launches lending program; will support five cryptocurrencies appeared first on AMBCrypto.

2 days ago

XRP Price Analysis – March 21

On the 4-hour chart, the XRP price is in a bullish trend zone. On March 20, the bulls tested the $0.32 resistance level but the bears made a downward correction to the low at $0.31.

2 days ago

SBI Unveils that It Is Working Closely With Ripple to Spread MoneyTap to More than 200 Financial Institutions

SBI Holdings, Ripple's partner that works with cross-border payments-focused projects, recently published a notice unveiling the launch of a new firm dubbed 'MoneyTap.' Per the publication, MoneyTap focuses on cashless transfers for small transfers. This application leverages Ripple's xCurrent technology, and the notice notes that there is a close relationship between the two companies. According to SBI, MoneyTap would expedite innovation by encouraging the introduction of new technologies with the help of Ripple. Yoshitaka Kitao, the president of SBI Holdings, stated that he expects all Japanese banks to use Ripple by the 2025 Osaka Expo. (VK)

2 days ago

Bitcoin, Ether, and XRP Weekly Market Update March 21, 2019

The total crypto market cap increased by $6.7 billion for the seven-day period and now stands at $141.4. At the time of writing bitcoin (BTC) is trading at $4,121 while ether (ETH) stands at $141. XRP’s Ripple is at $0.322. BTC/USD Bitcoin was extremely volatile during the March 14 session and was trading in theRead MoreRead More. The post by Georgi Hristov appeared first on BTCManager, Bitcoin,...

2 days ago

SBI CEO Newest Statement: Tightening Cooperation With Ripple (XRP) to Spread MoneyTap to 200 Financial Institutions And Beyond

SBI Holdings, a Ripple partner which works closely with the cross-border payments-focused project, has published a notice announcing the…

2 days ago

Indian Exchange Launches Lending Program for 5 Cryptocurrencies

Coindcx announced Thursday that its crypto lending program called Dcxlend has come out of the beta testing phase and is now fully launched. Five cryptocurrencies are supported: BTC, USDT, ETH, XRP, and BNB. The exchange’s website currently displays monthly interest rates of 2 percent for BTC, 1 percent for USDT, 1 percent for BNB, 0.75 percent for XRP, and 0.75 percent for ETH. The exchange detailed that there are “three lending term lengths: 7 days, 15 days, and 30 days. (RL)

2 days ago

Sharia-Certified Crypto Exchange Lists XRP Paired With Six Fiat Currencies – The Ripple Effect

Sharia-compliant crypto exchange Rain just added XRP to its platform. The digital asset is one of a select number of cryptocurrencies approved by the Bahrain-based exchange, joining Bitcoin, Ethereum and Litecoin. Rain graduated from the Central Bank of Bahrain’s (CBB) regulatory sandbox in February, as reported by the Saudi Gazette. “To add more legitimacy and […]

2 days ago

XRP Adoption Gains Traction as New Feature Allows Users to Send XRP by Email

A new Microsoft Outlook add-on designed by a developer named SchalaubiDev (@SchalaubiD) allows users to send XRP via email. SchalaubiDev posted a screenshot of the add-on on Twitter and he said that Wietse Wind, the developer of TipBot and the current lead of XRPL Labs, helped with designing the API. At the moment the project is not open source but SchalaubiDev said he plans to make it available in the future. SchalaubiDev said the recipient does not require an XRP address to send cryptocurrency as the funds to the XRP TipBot after the email is sent. The recipient will then receive an email from MoneyMessage and the access data is included in the message. The platform is limited to a 20 XRP maximum and SchalaubiDev said the add on will be added to Gmail in the near future. (RS)

3 days ago

SBI Holdings Inc. establishes separate subsidiary to increase promotion of MoneyTap

SBI Holdings Inc., a Japan-based company that is solely focusing on improving the payment infrastructure in Japan, recently announced the establishment of a subsidiary, Money Tap Ltd., to increase promotion of the MoneyTap application. The subsidiary was set up on March 19, 2019, in Tokyo, and Katsumi Kawashima will be the president and representative director of the subsidiary. The establishment was granted ¥100 million as capital during the time of establishment, which would be increased in the future. The blog on SBI Group’s website stated: “The newly established Money Tap will evolve its domestic and foreign exchange consolidation consortium developmentally and take over its role, as well as for banks and general users to drive the rapidly expanding cashless flow. Plan to provide service more quickly.” In addition, the blog stated that SBI Group started offering MoneyTap application for smartphones, which is based on distributed ledger technology and allows real-time transfer of money to users and banks. It is powered by DLT to allow a quick, safe, and comfortable money transfer in a country where transactions can only occur on weekdays between 8:30 am and 3:30 pm., with heavy delay otherwise. The app promises 24/7 payments, thus offering customers of the Japan Banking Consortium, which holds over 80% of all the banking assets in the country, a way to transfer value with ease. The launch of MoneyTap is aimed to reduce the drastic wait times by eliminating archaic transfer methods. MoneyTap allows users to make transfers to bank accounts, phone numbers, or QR codes linked to the accounts. The blog stated: “Money Tap will further accelerate innovation by further promoting the introduction of new technologies, etc. with the full cooperation of Ripple in the United States, and in addition to participating in the foreign exchange consolidation consortium, other financial institutions.” @bechokoy_betts, a Twitter user, commented: “Money tap going to be the next venmo... Instead of venmo me itll be send me a tap or tap it to me.” The post SBI Holdings Inc. establishes separate subsidiary to increase promotion of MoneyTap appeared first on AMBCrypto.

3 days ago


News courtesy of berminal.com
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