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…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…

Samsung Galaxy S10 Has Native Support For Ethereum, Not Bitcoin: Pre-Release Device

S10 May Only Support Ethereum, Not Bitcoin Out Of The Box Just weeks ago, Samsung hosted its Unpacked event, unveiling the Galaxy S10 lineup. But, at the time of the event, little was known about the offering, save for the fact that it was named the “Blockchain Keystore,” which would store keys for blockchain-enabled mobile applications. In the days that followed, however, details and images reached media claiming that Keystore was actually a fully-fledged crypto wallet that supported Bitcoin, Ethereum, and potentially ERC-20 tokens. Yet, a pre-release/early-release version of the…

Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread

Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation: Figure 1: BTC-USD, Daily Candles, Broken Local Support So far, our daily candle has yet to close, but it is currently on schedule to close below local support. If we close below this current level, that will mark a new lower low for the first time in about a week and a half. Although that is bearish, the real strong support level lies just below and…

Crypto Exchange Huobi Adds Support for Ethereum-Based Tether

Huobi Global crypto exchange has launched support for the Ethereum (ETH) blockchain-based version of USD-pegged stablecoin, Tether (USDT), according to a press release published on Feb. 27. Starting today, Huobi will offer deposit and withdrawal services for major stablecoin Tether in both its original Bitcoin (BTC)-based Omni Layer Protocol and its more recently launched ERC-20 token form, which is built on the Ethereum blockchain. Launched in 2014, Tether aims to allow users to trade and transact traditional fiat currencies on the blockchain. Tether has two tokens, USDT and EURT, purportedly…

BitTorrent Partners with CoinPayments to Launch Support for Native BTT Token

Peer-to-peer (p2p) torrent client BitTorrent has announced that its native token, BitTorrent Token (BTT), based on the Tron protocol, is now supported by CoinPayments’ crypto payments gateway. The news was shared with Cointelegraph in a press release Feb. 7. As reported, BitTorrent launched its BTT token this January — its first full-fledged move to begin to tokenize its content sharing ecosystem, roughly six months after the company was acquired by decentralized internet startup Tron. According to today’s press release, BitTorrent has already been collaborating with CoinPayments on supporting Tron (TRX), Bitcoin…

Coinbase’s Wallet App Is Getting Bitcoin Support This Week

Coinbase users will soon be able to directly control their bitcoin holdings from the firm’s Wallet app. The San Francisco-based cryptocurrency exchange announced the news in a blog post Wednesday, saying that Coinbase Wallet will be updated over the next week to add bitcoin support to all users on iOS and Android. Bitcoin support will be “activated by default,” Coinbase said, meaning users will just have to tap “receive” tab in the app and select “bitcoin” to receive the cryptocurrency directly in the wallet. Coinbase Wallet already supports ethereum (ETH), ethereum…

Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend: Figure 1: BTC-USD, Daily Candles, Broken Support Although the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. Following the stopping action in the low $3,000s, the bitcoin…

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…

BTC Cap Up $700 million From $3,700 Support

Bitcoin price ranging, up $700 million in the last 10 Hours Federal Reserve Bank of St Louis research confirms there is BTC demand Transactional volumes low. Drops from 18k to 15k in three days Market participants are optimistic and for good reasons. Candlestick arrangement points at bulls, and as prices swing between Jan 14 high low, our immediate triggers will be at $3,800. All the same ideal targets are at $4,500 and $6,000 on the upside. Bitcoin Price Analysis Fundamentals Aside from supervising and regulating financial institutions in the US,…