Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network. Poloniex said in the announcement that its decision to support the new chain is reasoned by expanded flexibility it provides to the USDT platform. In order to support…

Bitcoin (BTC) Holding Crucial Support: Fresh Increase Likely

Bitcoin price climbed further above $5,300 before topping near the $5,330 level against the US Dollar. The price corrected lower below $5,300 and $5,255 support levels. There was a break below yesterday’s discussed ascending channel with support at $5,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is still trading nicely above the key $5,180 and $5,160 support levels. Bitcoin price corrected lower towards key supports against the US Dollar. BTC is likely to bounce back above $5,300 as long as it is trading…

Expanding crypto-to-crypto support to more countries around the world

By: Linda Xie, Coinbase Pro; Dan Coffman, Consumer Trading Introducing crypto-to-crypto conversions and trading to more countries through Coinbase and Coinbase Pro One year ago, Coinbase served customers in 32 countries across two continents. Over the past 12 months, one of our main priorities has been to bring Coinbase services to people in all corners of the globe. Today we’re excited to welcome 11 more countries across Latin America and Southeast Asia to the cryptoeconomy by allowing customers to store, trade, send, and receive cryptocurrencies on Coinbase Pro and Coinbase.com — increasing…

Bull Return? Bitcoin Again Rebounds From Strong Price Support

View Bitcoin has again created a higher low along the 30-day moving average line, neutralizing Monday’s bearish close below $3,920. A move above $4,055 (March 21 high) is still needed to revive the short-term bullish setup. That could be followed by a rally to resistance levels lined up at $4,190–$4,236. A UTC close below the 30-day moving average, currently at $3,889, would put the bears in a commanding position, opening the doors for a drop to support levels at $3,775 (March 14 low) and $3,658 (Feb. 27 low). Bitcoin (BTC)…

Bitcoin Probes Key Price Support Below $3.9K After Range Breakdown

View Bitcoin fell below $3,920 yesterday, as expected, confirming a short-term bullish-to-bearish trend change. As a result, the crucial support of the 30-day moving average, currently at $3,883, could be breached in the next day or two. A break below the 30-day MA, if confirmed, would strengthen the case for a deeper drop toward the key support levels lined up at $3,775 and $3,658. A strong bounce from the 30-day MA would weaken the bearish case. That said, a UTC close above $4,055 is needed to revive the bullish view.…

Blockstream Revamps ‘Green’ Wallet, Adding Security Features and Sidechain Support

Blockchain technology startup Blockstream has unveiled a revamped version of its bitcoin wallet, now called Blockstream Green. Perhaps the biggest overhaul of the wallet since Blockstream acquired it as GreenAddress back in 2016, the startup says it rebuilt the wallet “from the ground up,” adding new features that make storing bitcoin more secure and flexible. In addition to completely redesigning the interface, the iOS and Android app has a number of new features, including multisignature two-factor authentication to guard against hacks and theft. Users can also connect it to hardware devices, including…

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…

Bitcoin Seeking Gains After Retaking Key Price Support

View Bitcoin’s immediate outlook will remain neutral while prices are trapped in the range of $3,658-$3,900. If the bulls can keep prices above the 5-week MA support at $3,703, we could see a rally above $4,000. The average is reporting bullish conditions for the first time since August. On the downside, a UTC close below $3,658 (Feb. 27 low) would revive the bearish view put forward by the high-volume sell-off on Feb. 24 and open the doors for a drop to levels below $3,400. Bitcoin (BTC) has returned above crucial…

Down Again: Bitcoin Is Closing on Key Long-Term Price Support

View Bitcoin is again closing on the 200-week moving average, which served as strong support in December. The weekly RSI is more bearish this time round, though, and is reporting undersold conditions. A weekly close below that level could be followed by a slide back to September 2017 lows near $2,970. A failure to push prices below the 200-week SMA support would weaken the bears. A bullish reversal, however, would be confirmed only above $3,658 – the high of gravestone doji carved out Saturday. Bitcoin (BTC) is on the defensive…

Samsung Crypto Support Bullish for BTC

Bitcoin Price ranging inside Jan 22 high low A mark of adoption, Samsung S10 supports cryptocurrencies Transactional volumes low and dropping—now stands at 12k on average Investors, as well as traders, are confident. With supportive fundamentals, BTC demand should increase, lifting prices from spot rates to above $3,800. That will be in line with our previous BTC/USD trade plan. If not and prices drop below $3,500, BTC could sink to $3,200. Bitcoin Price Analysis Fundamentals Following the HTC route, Samsung “leaked” to the world the next generation Galaxy S10 phone.…