Ripple (XRP) Poised For More Gains, Prices Rebound From Q1 Support

Ripple (XRP) is up 2.6 percent Footprints in the Middle East and Southeast Asia highlight Ripple’s advantages SWIFT is dominant, but Ripple’s progress is noticeable. Even though most of their partners use xCurrent, clarity in the future will ease their transition to xRapid. That will drive demand for XRP and therefore prices above the current 20 cents consolidation. Ripple Price Analysis Fundamentals Blockchain companies cannot flourish in isolation. It is even more challenging when the startup is ambitious. As per their statement, Ripple is one such company. Cementing its position…

Major Altcoins Rally as Bitcoin Sees Slight Gains

Wednesday, July 17— The number one cryptocurrency Bitcoin (BTC) is seeing slight gains on the day as major altcoins (ETH) and Ripple (XRP) rally. Market visualization. Source: Coin360 Bitcoin has been trending down this week. Bitcoin retook $13,000 on July 9 before sinking all the way down to under $10,000 by July 16. At press time, BTC is trading just over $9,800 with a 2.64% gain on the day. On July 4, analysts at SFOX conjectured that Bitcoin could rally in light of the American national holiday Independence Day, arguing…

Bitcoin (BTC) Price Primed For More Gains Above $11,500

A decent support base is formed by bitcoin price above the $11,000 level against the US Dollar. The price is facing a few key resistances near the $11,500 and $11,600 levels. There is a major contracting triangle forming with resistance near $11,475 on the hourly chart of the BTC/USD pair (data feed from Kraken). It seems like the bulls are preparing for an upside break above the $11,500 resistance area. Bitcoin price is slowly gaining bullish momentum above $11,200 against the US Dollar. BTC could rise sharply once it settles…

Ripple Price (XRP) Showing Positive Signs: More Gains Possible

Ripple price started a strong recovery above the $0.3900 level against the US dollar. The price even broke the $0.4000 level and it recently tested the $0.4100 resistance area. There is a key bullish trend line forming with support near $0.3920 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to bounce back above $0.4000 as long it is trading above the $0.3900 support. Ripple price is showing a few positive signs above $0.3900 against the US Dollar, and recovered vs bitcoin. XRP…

Bitcoin Approaches $11,500 as Top Cryptos See Gains

Saturday, July 6 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $11,500 mark. Market visualization courtesy of Coin360 Bitcoin is currently up by about three percent on the day, trading around $11,486 at press time, according to Coin360. Looking at its weekly chart, the coin is down by over 7.68%. Bitcoin 7-day price chart. Source: Coin360 According to a recent report released by major cryptocurrency exchange Binance, bitcoin has become less correlated with other cryptos…

Bitcoin Eyes Independence Day Price Gains for Fifth Year Running

View Bitcoin could rise above $12,000 with the daily chart reporting a bullish reversal. A high-volume bullish breakout on the hourly chart indicates scope for a rise to the bearish lower high at $12,448. BTC could yet post losses today, however, if prices find acceptance below key support at $11,385. Bitcoin (BTC) looks set to close in the green on U.S. Independence Day for the fifth consecutive year, having recovered nearly 25 percent from recent lows. The top cryptocurrency by market capitalization rose 1.17, 1.79, 3.35 and 1.67 percent on…

Ethereum (ETH) Price Primed For More Gains, Bitcoin Up 6%

ETH price made a few attempts to settle above the $300 resistance area against the US Dollar. It is currently consolidating near $300 and it might rise above $305 and $306 in the near term. There is a new connecting bullish trend line forming with support near $297 on the hourly chart of ETH/USD (data feed via Kraken). If there is a downside break below $295, the price could revisit the $285 support area. Ethereum price is showing positive signs above $295 versus the US Dollar, but struggling vs bitcoin.…

Ethereum (ETH) Price Forms Bottom: Break $300 Could Accelerate Gains

ETH price declined to a new monthly at $271 and recently recovered against the US Dollar. There was a sharp increase above the $280 and $290 resistance levels in the past two sessions. There was a break above a major bearish trend line with resistance near $286 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near the $300 resistance, above which it could accelerate higher. Ethereum price is reversing recent losses versus the US Dollar, similar to bitcoin. ETH price must clear the…

IBM-Maersk Shipping Blockchain Gains Steam With 15 Carriers Now on Board

IBM has recruited two more major shipping carriers to join the blockchain platform it co-owns with container giant Maersk.  Announced Tuesday, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) – the world’s fifth and sixth largest carriers respectively – are the latest ocean carriers to join the TradeLens blockchain. They follow top-five carriers CMA CGM and MSC, which joined TradeLens last month.  Aside from Maersk and its subsidiary Hamburg Süd, TradeLens was launched in early 2018 with just one other shipping carrier, Asia’s Pacific International Lines (PIL), 17th in the world…

S&P 500 Gains Can Earn You Bitcoin on New Bain Capital-Backed Exchange

Crypto investors have a new way to bet on the price of bitcoin – or on traditional assets – with the formal launch of EverMarkets Exchange (EMX)’s derivatives platform. The Palo Alto, California-based startup was founded two years ago and opened the exchange to a restricted audience at the end of May 2019. Effective Monday, the market is now available to participants worldwide – though U.S. residents are excluded. Co-founder Craig Austin told CoinDesk that the company wants to give customers access to a “world market” by trading derivatives tied…