Nano Was August’s Top-Performing Big Crypto Despite Its Record Low

The cryptocurrency markets had a rough run in August, with only a handful of projects making it into the green. Major names such as ethereum, bitcoin and XRP all dropped on the month, down 35.45, 9.44, and 27.93 percent, respectively. Adding pressure to the situation, bitcoin’s dominance rate rose substantially, up 6 points from July’s […]

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Cardano Price Analysis: ADA/USD Remains in Range above $0.1000

Key HighlightsADA price traded higher recently above $0.1050 before facing sellers near $0.1100 against the US Dollar (tethered).There was a break below a key bullish trend line with support at $0.1035 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is likely to extend slides towards the $0.1000 and $0.0980 support […]

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Japan Ramps up Scrutiny of New Cryptocurrency Exchange Applicants

Advertisement Japan’s primary financial regulator has dramatically increased its screening process of applicants registering to open cryptocurrency exchanges, according to a local report. The Financial Services Agency (FSA), Japan’s financial regulator and watchdog, has “increased the number of questions asked when screening applications to about 400 items”, a four-fold increase from previous norms, the Japan […]

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Trader: Bitcoin Break Out Imminent as Weekly Chart Turns Bullish, $8,000 Next?

Over the past 24 hours, many well-recognized traders in the cryptocurrency market have expressed their optimism toward the stabilization of Bitcoin and its positive weekly moving average convergence divergence (MACD).Popular cryptocurrency traders and analysts including Crypto Rand have placed heavy emphasis on the weekly MACD indicator of Bitcoin, which has demonstrated a reverse in trend […]

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Ripple Price Analysis: XRP/USD Could Retest $0.3200 Support

Key HighlightsRipple price traded above the $0.3500 level and later faced resistance near $0.3530 against the US dollar.There was a break below a key bullish trend line with support at $0.3380 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently under pressure and it could revisit the $0.3200 support […]

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EOS Price Analysis: EOS/USD In Significant Uptrend Above $6.00

EOS price railed recently and settled above $6.00 against the US Dollar. EOS/USD is currently correcting lower, but it remains supported above $6.00 and $5.80. Key Talking Points EOS price is placed nicely in a significant uptrend above the $6.00 level (Data feed of Kraken) against the US Dollar. There was a break below a […]

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