Crypto News | SEC Rules ETH NOT Security; Binance Adds XRP

The cryptocurrency market is making a comeback this week, after closing out last week in the red. Crypto news was pretty slow last week, but it has picked up a bit today. This morning, CoinCenter released news that the SEC Chairman confirmed that ETH is not ruled as a security by the regulator. In addition to this big news, Binance announced it has added XRP and credit card payment support to its Trust Wallet app. Let’s get into it! Jay Clayton Rules ETH a “Non-Security” When investors began taking notice of…

Bitcoin Price Rally Could be on Last Legs, Bloomberg Analyst Warns

A key market indicator shows that the Bitcoin price rally may be losing steam. According to Bloomberg, “Bitcoin’s Moving Average Convergence Divergence indicator has been steadily falling since mid-February.” MACD is a commonly used metric for technical analysis. When it diverges from the symbol, it means that a trend may be over with. Watch out Bitcoin Bears – MACD Isn’t Everything Bitcoin’s MACD has been steadily falling since last month, which could signal that the crypto market’s recent recovery is already coming to an end. | Source: Bloomberg Let’s keep…

Samsung Galaxy S10 Wallet Supports Ether, CryptoKitties — But Not Bitcoin

When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet. Well, the wallet definitely exists. It’s just missing a few features you might expect of a crypto wallet. Specifically, it doesn’t support bitcoin — only ether and ERC20 tokens — which would be akin to your broker at Charles Schwab or Fidelity telling you that your 401(k) lets you invest in silver, copper and…

Is Tron (TRX) Steadying Because of ChainLink Partnership Rumors?

Tron prices up 2.5 percent but out of the top 10 ChainLink and Tron partnership rumors may support prices Transaction volumes drop, averages 6.9 million against 37 million of Feb 24 Rumors are rife that Tron and ChainLink are on the verge of collaboration. If that is the case, Tron (TRX) stands to benefit as demand help lift valuation from current pits. The coin is up 2.5 percent from last week’s low but could print above 2.5 cents by end week. Tron Price Analysis Fundamentals Ethereum introduced smart contracts. Smart…

Bitcoin Shorts Near Monthly High and it Could Trigger Major Price Movement

Bitcoin shorts have increased significantly in recent weeks to a monthly high, an indicator that may suggest a decline in the confidence of investors in the dominant cryptocurrency. Shorts remain an unconvincing indicator of the sentiment in the cryptocurrency market because the take of analysts on the impact of short contracts on the price of Bitcoin differs quite regularly. Join CCN for $19.99 per month and get an ad-free version of CCN including discounts on future events and services. Support our journalists today. Click here to sign up. Bitcoin 7-Day…

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments

Cryptocurrency exchange Binance’s official wallet, Trust Wallet, now lets users buy cryptos with credit cards. The new payment option is being offered in partnership with Israel-based payments processor Simplex, according to an announcement from Binance on Tuesday. At the same time, the exchange said, Trust Wallet is adding support for XRP, the third largest cryptocurrency by market capitalization. Trust Wallet users can now, therefore, purchase XRP, bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC) and ether (ETH) with “major” credit and debit cards. The announcement did not specify which cards are…

Bitcoin (BTC) Price Watch: Key Reversal Could Trigger Additional Losses

Bitcoin price failed to hold the key $3,860 support and traded lower against the US Dollar. The price even broke the $3,840 support and settled well below the 100 hourly simple moving average. There was a break below a crucial ascending channel with support at $3,830 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate declines if there is a break below the $3,800 support area. Bitcoin price is under pressure below the $3,860 support against the US Dollar. BTC could reverse gains…

The most profitable Bitcoin Cloud Mining – 50% discount on all contracts !

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