Friday, August 19, 2022

News and Market Analysis

Ethereum Uptrend Vulnerable Unless It Surges Past $1,900

Ethereum extended losses below the $1,820 support against the US Dollar. ETH could decline further if it fails to start a recover...

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Blockchain and Exchanges

The Philippines pushes back against foreign exchanges, continuing a protectionist streak

The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank publish

Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores – Bitcoin News

Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-bor...

Bitcoin ‘very bearish’ below $22.5K says trader as BTC price dives 6%

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNew lows "ju

Ripple partners with Travelex to launch enterprise crypto payment service in Brazil

Ripple’s XRP token is set to be used to facilitate fast and cost-effective cross-border transactions in Brazil, after the launch of RippleNet's On-Demand Liquidity (ODL) with forex company T

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CryptoX Updates

Biden is hiring 87,000 new IRS agents — and they’re coming for you

The Inflation Reduction Act, signed into law this month by President Joe Biden, empowers the IRS with nearly $80 billion in new funds. The world’s most powerful tax collection agency is usin

Crypto market bloodbath leads to over $500M in liquidations in 24 hours

The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past mon

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