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CEX.IO Cryptoexchange Makes CryptoCompare Top 10


The international cryptocurrency exchange CEX.IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The CryptoCompare Exchange Benchmark rating evaluates over 165 exchanges around the world on aspects like adherence to regulations, platform security, liquidity, asset...

Market Choses Stability Over Bull-run; Dogecoin Consolidates Accordingly


Dogecoin’s rebound has been fairly impressive after the mid-march market crash, and now, when the market is trading in a flattish pattern, the coin holds a stable sentiment. At present, the coin seems to be settling in its comfort zone around 38.20% to 61.80% fib level. Bitcoin, which was about...

Stellar Holds a Volatile Outlook; What’s Keeping XLM Away from Stability?


Huge economies, including Italy, are slowly easing the lockdowns that took place because of the pandemic. The world has been witnessing disarrayed markets since the last couple of months, and the gradual emergence of it is likely to affect the cryptocurrencies in a positive way presumably. However...

G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra


The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...

Verge Price Loses Stability; Trades a Little above Key Support Level


XVG has recently formed a support level at $0.0023; quick short term recovery can be anticipated The coin has formed a bullish trendline overnight that has been breached with the plunge below $0.0023 Downside correction has again hit the Verge price after it remained firmly above $0.0024 for...

EOS Price Climbs Above $2; Slowly Improves Stability


EOS seems to have a support level at $1.81; recovery has reached above $2 The coin is trading above both the moving averages with a mild positive bias Immediate resistance level stands at $2.08; RSI, along with MACD is giving bullish signs EOS has been consolidating at lows after it faced strong...

Dogecoin (DOGE) Fails to Maintain Stability; Drops by 22%


Last one week has brought a lot of uncertainty in Dogecoin’s price trend amid extremely volatile crypto market Over the last day, Dogecoin has dropped by more than 22%; price slipped below $0.00143 Technicals are giving negative signs while the coin has just formed a bullish candle Dogecoin Price...

Bitcoin (BTC) Exhibits Stability; Holds the Value around $8700


Bitcoin seems to have retained the moderate bullish trend It may soon touch $8819 as its next resistance with a moderate volatility Bitcoin has maintained its price near $8700 mark from yesterday. Though it has been through a few ups and downs, there has been a 0.90% increment in the value in this...

Stablecoins Are Crypto’s Version of Fractional Reserve Banking


Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

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