Cryptocurrency Analysis and News Portal
There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from
Read More
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could
Read More
Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of electric energy, which is currently produced with coal and fossil fuels that have adverse environmental effects. A global shift toward green energy will require
Read More
Blockchain project NEO is considering integrating Celer Network’s (CELR) layer-two scaling protocol to improve scalability.Faster transactions, more possibilitiesAs industry-focused news outlet Crypto Briefing reported on Aug. 17, John Wang, NEO’s director of Eco Growth, said that integration with Celer is under discussion. Celer’s platform is a solution that enables
Read More
Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the "Dumbest Crypto Tweet Award" for shilling Binance Coin.| Source: ReutersBy CCN Markets: Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the Dumbest Crypto Tweet Award after he shared a story touting the
Read More
The national tax authority of New Zealand, the Inland Revenue Department (IRD), has recently published binding rulings and guidance for salaries and bonuses paid in crypto, made under s 91D of the country's Tax Administration Act of 1994. This ruling applies only to salary and wage earners and not to
Read More
Ethereum-based layer-two blockchain scaling platform nahmii has onboarded the Norwegian Block Exchange (NBX) as the first member of its governing association, according to a press release shared with CryptoX on Aug. 16.Created by Hubii, nahmii is designed to solve the transaction speed issue on the Ethereum network, which can
Read More
Saturday, Aug. 17 — Most major cryptocurrency markets have seen a slight drop today, with Bitcoin (BTC) falling below the $10,200 price point, according to data from Coin360.Market visualization. Source: Coin360BTC is trading at around $10,197 at press time, down roughly 3% on the 24-hour period to press time.
Read More
The California Consumer Privacy Act of 2018 (CCPA), which goes into effect on Jan. 1, 2020, has signaled a new push in the United States to strengthen and broaden privacy regulations, similar to the trends seen in the European Union through the passage and implementation of the General Data
Read More
South Korean cryptocurrency exchange Coinone has released a set of criteria for determining whether to list new digital currency projects on the exchange.In a blog post published on Aug. 8, Coinone described nine criteria cryptocurrency projects should comply with in order to be listed on the exchange. Coinone will
Read More