ErisX, a derivatives clearing firm headquartered in Chicago, today announced the introduction of physically settled Ether contracts to its current futures products. ErisX previously provided settled Bitcoin (BTC) contracts in physical form. Although BTC retains the dominant cryptocurrency position, second-placed ETH has trailed behind. While it’s no coincidence that ErisX wants to introduce an Ether […]
Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bullish The index is in an uptrend. The upward move is making a series of higher highs and higher lows. A bearish candlestick has been resisted after testing 11340 resistance. The market fell from the recent high to […]
EURUSD Price Analysis – May 11 EURUSD confronts the risk of attempting to push higher in the fresh week of reversal and trading around the 1.0800 thresholds this Monday, restricted to a small range of 40 pips since the day commenced. Whereas, the optimism of investors simply looks for near-term guidance towards the disruptions from […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Ranging The EUR/GBP pair is on an ascending Channel. Since the pair fell to level 0.86816, the market has been fluctuating between the levels of 0.87000 and $0.88000. The market has been range-bound between those levels in the last […]
Bitcoin recorded a strong downwards move on Saturday, which led the cryptocurrency to erase about $2,000 from the month’s high of $10,079. This decline was largely due to a selloff triggered by the 5-digit level ($10,000). However, Bitcoin has since recovered some of the loss. The selloff roused Bitcoin critics who had been quieted all […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH […]
After launching support for Tether gold last week, Alex Mashinsky announced Celsius plans to list more tokenized commodities. Alex Mashinsky, chief executive of pioneering decentralized finance, or DeFi, platform Celsius, and inventor of the voice-over-internet protocol, or VOIP, addressed the platform ‘s recent implementation of support for Tether Gold or XAU recently in the news. […]
In the past 24 hours, Bitcoin appears to have fallen off a cliff. The cryptocurrency giant fell right after it broke the $10,000 resistance to the $8,100 level, recording more than an 18% drop. The price of BTC dropped drastically, ignoring previously recorded support lines as it approached its new monthly low. According to a […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US Wall Street 30 index is making a steady upward move. The price is making a series of higher highs and higher lows. Each higher high or higher low is greater than the previous one. […]
