Tezos (XTZ), a blockchain platform that features a self-evolving upgrade system, has been added to the Ledger platform and can now be stored on the Ledger Nano S. We are thrilled to welcome a new crypto asset to the Ledger platform with @tezos. The Tezos app is now available on Ledger Live for the Ledger Nano […]
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OKEx Announces Support for the TRON-BitTorrent Token (BTT) Airdrop
Hong Kong-based cryptocurrency exchange OKEx has officially announced support for the BitTorrent (BTT) airdrop for Tron (TRX) holders next month. #BitTorrentToken (#BTT) airdrop for #TRX holders will be available on @OKEx. #TRON $ TRX pic.twitter.com/4hUcVJBwhr — Justin Sun (@justinsuntron) January 21, 2019 According to the announcement, OKEx plans on taking a snapshot of all OKEx accounts at the […]
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Peer-to-Peer Trading Platform Bitquick Implements Bitcoin Cash Support
Over-the-counter marketplace Bitquick has announced the company is now supporting multiple cryptocurrencies and has officially added bitcoin cash (BCH) to the platform. Now cryptocurrency users can purchase BCH in as little three hours as traders buy and sell coins in a peer-to-peer fashion.
Also Read: Regulations Have Ruined the Physical Bitcoin Industry
Binance-Owned Trust Wallet Adds Support for Dash (DASH)
Trust Wallet, a mobile crypto wallet that supports Bitcoin, Ethereum and over 20,000 different Ethereum-based tokens across the ERC-20, ERC-223 and ERC-721 standards, revealed on Wednesday that it has added support for Dash (DASH). You can now send/receive/store your #DigitalCash #Dash from the convenience of your Trust mobile wallet – #useTrust w/ @Dashpay https://t.co/A6qdCSG6P0 pic.twitter.com/zUPOzLx6CH — […]
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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens
Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:
Figure 1: BTC-USD, Daily Candles, Range Support Test
The blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. At the time of this article, the market is testing the support level but has yet to close and continue below. We did see a temporary close below the support level, but there was a very short-lived rally on low volume shortly after popping the fresh low.
Bitcoin Price Analysis: Strong Impulse Tests Macro Support Levels
Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:
Figure 1: BTC-USD, Hourly Candles, 11% Drop
Not only did this move occur on high spread, it occured on high volume. This level of supply and overall lack of demand is nothing something you would want to see if you are feeling bullish regarding bitcoin’s market structure. Currently, we are sitting right on top of daily support levels and have yet to close a new low:
Singapore Crypto Exchange Switcheo Announce SDUSD Stablecoin Support
The Singapore crypto exchange Switcheo has announced over the holiday period that it now supports the Alchemist launched SDUSD stablecoin. The Dollar-pegged coin was created to hold the value of $ 1 and is locked to NEO. Switcheo Exchange made the announcement that the NEO/SDUSD pairing will be available on the platform from December 27 onwards
The post Singapore Crypto Exchange Switcheo Announce SDUSD Stablecoin Support appeared first on CCN
Trace Mayer Draws Support for Proof of Keys — Celebrating Genesis Block Day
Trace Mayer is calling for all bitcoiners to participate in a “Proof of Keys” celebration on Genesis Block day. “Not your keys; not your bitcoin,” he emphasized, urging bitcoiners to declare monetary sovereignty by withdrawing all of their bitcoins held with trusted third parties to software for which they control the private keys.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
Proof of Keys
Early Bitcoin promoter, investor and podcaster Trace Mayer is hoping to inspire the community to take their bitcoins out of exchanges and third-party wallets on Genesis Block day.
Binance-Owned Trust Wallet Adds Bitcoin (BTC) Support
Trust Wallet, a mobile cryptocurrency wallet that supports Ethereum and over 20,000 different Ethereum-based tokens across the ERC-20, ERC-223 and ERC-721 standards, revealed on Sunday that it now supports Bitcoin (BTC). #bitcoin $ BTC (#SegWit included) is now supported by our iOS Multi-coin wallet https://t.co/NndKVByIOl pic.twitter.com/csBPSt4e1z — Trust – Ethereum Wallet (@TrustWalletApp) December 9, 2018 According […]
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Crypto Hardware Wallet Trezor Adds Native Ethereum Support
The Trezor Wallet development team has announced that the device’s beta firmware now offers native support for Ethereum, Ethereum Classic, and ERC20 tokens. In an announcement on the Trezor blog, the crypto hardware wallet manufacturer stated that existing third-party integrations such as MyEtherWallet, MyCrypto, and MetaMask, which currently enable Trezor to support these tokens, would
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Bitcoin Price Eyes Support at $3,000 as Crypto Market Sets New Yearly Low
The bitcoin price on Friday plunged 6.5 percent against the US Dollar, breaking below the flagship cryptocurrency’s previous yearly low at $ 3,455. The bearish cycle took another turn after the Securities and Exchange Commission (SEC) halted its decision on the VanEck’s upcoming bitcoin ETF once again. The fundamental has been treated as one of the
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Breaking: Crypto Exchange Coinbase ‘Exploring’ Support for Ripple (XRP)
After months of waiting, the hopes and dreams of ripple (XRP) investors may finally be realized — at some point in the near future, anyway. Yes, XRP fans, crypto exchange Coinbase has confirmed that it is exploring adding support for the second-largest cryptocurrency to its platform. The San Francisco-based Coinbase announced the move on Friday
The post Breaking: Crypto Exchange Coinbase ‘Exploring’ Support for Ripple (XRP) appeared first on CCN
Binance Extends Support For Larger Trading Firms With New Sub-Account Feature
Binance has released what it describes as a “long-awaited” feature on its exchange, sub-accounts. Sub-accounts will be accounts that do not have full control over the assets in the trading account – ideal for trading firms who are looking to get into cryptocurrency and firms that are already trading in cryptocurrency with multiple desks. At
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Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop
Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $ 1,400 back in December of 2017. And now, almost a year later, ether sits just above $ 100 on what appears to be shaky ground during its latest round of selling over the last few weeks:
Figure 1: ETH-USD, Daily Candles, Rapid Descent
Bitcoin Price Analysis: Blowing Through Support Levels on the Way to $3,000
Bitcoin continues to tumble lower and lower as it struggles to claim any footing in the market. It’s down almost 50% in three weeks and it’s showing very little sign of stopping. It’s currently clutching onto the $ 3,500 values but it doesn’t look like it can hold on much longer.
BTC-USD, Daily Candles, Macro Downtrend
Unfortunately, the consequence of a parabolic market is that, toward the tail end of the parabolic move, it doesn’t bother to retest or establish strong support. And now bitcoin is brutally busting through all the untested support levels. The figure above shows all the untested support levels (in blue).
Universities in New York, Tokyo and Luxembourg Support Crypto Development
Academic institutions from all corners of the world are offering classes on cryptocurrencies and supporting research initiatives in this burgeoning sector. From New York to Tokyo, universities are spearheading a plethora of crypto-themed courses.
Also Read: The Daily: US Defense Department Probes Blockchain, Singapore Approves 1X
Two New Accelerators at Columbia University
IBM and Columbia University have announced two new accelerator programs for blockchain developers. The programs will support 10 different startups, will last about eight weeks, and give each company access to technology and services valued at approximately $ 400,000. The academic institution and the technologies giant will not seek equity or a payment in return.
Volentix Plans to Release 455 million VTX to Support Public Proposals to its Ecosystem
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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test
Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:
Figure 1: BTC-USD, Daily Candles, Downward Continuation
This drop below support is starting to display hallmarks of market capitulation. After most of the sellers got out of the market earlier this year, bitcoin managed to consolidate sideways for about 9 months in the form of a descending triangle.
Monday Massacre: Bitcoin Price Dives Below $5,000 as Support Levels Falter
The bitcoin price kicked off this week on a depressive note, extending its current bearish bias to another low level. The BTC/USD index fell from 5502-fiat to 4886-fiat on Monday, recording more than 11 percent in losses. The price action bled through crucial support levels that had a history of reversing bearish trends. It confirmed
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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand
After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $ 5000s for the first time since 2017:
Figure 1: BTC-USD, Daily Candles, Broken Support
Bitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. The high volume and wide candle spread does not bode well for the bulls as we are currently witnessing an excess of supply in the market. We have blown through two levels of support and haven’t seen a significant retest just yet:
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