United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24. Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto users to spend their cryptocurrencies with a dedicated Visa card, with a new total of nine digital token offerings. Per the announcement, users will now be able to also deposit and spend their XLM tokens through the service. Wirex has also announced plans to launch 26 stablecoins pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD. Wirex points out that …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Unlike the previous bull market, recovery this time is likely to be a long one because every higher level will bring in huge supply, causing the market to correct. We also expect the markets to take a dip intermittently to shake out the weaker hands. Many still doubt the future of this nascent asset …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Legendary tennis player Serena Williams disclosed that she has invested in cryptocurrency exchange Coinbase through her investment business Serena Ventures. South Korean investors are using low crypto prices to buy more. Their average investment has increased by about 64% compared to 2017, according to a survey by Korea Financial Investors Protection Foundation. It is …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The recovery in crypto prices has led to an increase in over-the-counter (OTC) demand for Bitcoin and altcoins. This surge in volume was cited by Binance’s CFO as one of the reasons for its strong Q1 performance. Another platform being watched closely is the yet-to-be-launched Bakkt. Anonymous sources told Bloomberg that the United States …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin’s dominance has increased from just below 50% in early-April to 52.3%. This suggests that the focus is back on Bitcoin after the initial rally by the altcoins from the lows. As long as the leader stays strong, the recovery is on track. While Bakkt is more institution oriented, LedgerX the United States-regulated crypto …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The research arm of Binance believes that cryptocurrency markets have bottomed out, after studying data from 2014–2019. They also found that the total institutional holding in the crypto market was about 7% of total supply. Endowments are making the most of the bear market in cryptocurrencies. In 2018, 94% of endowments allocated money to …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The launch of the eagerly awaited platform Bakkt has been postponed a few times, but the firm has continued to focus on building its team. It recently hired a former engineering executive at PayPal and Google as its chief product officer. These appointments show that the firm is able to attract talent from the …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The smart money sells when the whole market and especially the retail players are overly bullish. Similarly, these large players enter the markets when the sentiment is bearish and people are waiting to dump their positions. After the extended bear market and huge erosion in prices, retail traders are wary of entering the crypto …

A fintech company says it has reached several milestones that help crypto enthusiasts capitalize on the current bull market, as it complements its crypto lending service with wallets, blockchain integration and crypto-fiat conversions. YouHodler offers cash loans of up to $30,000 to consumers who are willing to use their cryptocurrency as collateral. As previously reported by Cointelegraph, this gives people the chance to unlock liquidity and access funds without selling their assets. The platform says suggestions from its community are instrumental in its ambition to unveil new features — and as a result, it is now accepting Stellar (XLM) as …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. After the recent rally from the lows, one indicator has reached overbought levels last seen in Dec. 2017, according to Bloomberg Intelligence analyst Mike McGlone. Historically, such overbought levels have resulted in multi-week downturns and McGlone expects one to start after the recent up-move. Many times, the signals provided by the indicators turn out …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Google searches for Bitcoin tripled as its price skyrocketed on Apr. 02. This shows that interest in cryptocurrencies is still high. If prices recover, a large number of traders sitting on the sidelines will jump onto the crypto bandwagon. Though the rebound is a bullish sign, for it to be sustainable, Bitcoin needs …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin showed a glimpse of its former self when it skyrocketed by about 20 percent on April 2. With no specific news responsible for the rise, we can only speculate on what caused the sudden spurt in prices. Many theories have been put forth, one being a large order either by an individual trader …