Cryptocurrency Analysis and News Portal
The total crypto market cap failed to surpass the key $280.0 resistance area.Bitcoin price started a downside correction and traded below the $10,800 support.Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support.BCH price is currently correcting lower and it might test the $305 support area.Tron
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ETH price started a downside correction after testing the $202 resistance area against the US Dollar.The price is currently trading below $198 and is trading near the $194 support area.This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed
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Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app.Ravencoin now supported on the tZero appTZero announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies
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Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year.Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20.
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Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria.Six cryptos acceptedStarting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major cryptos: Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), Stellar (XLM) and Dash (DASH),
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Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating
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The United States Securities and Exchange Commission (SEC) has charged Russian analytical agency ICO Rating for $268,998 for violating anti-touting provisions, according to an announcement on Aug. 20.In the announcement, the SEC claimed that ICO Rating violated the anti-touting provisions of Section 17(b) of the Securities Act of 1933
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Binance.US, an upcoming subsidiary of one of the world’s leading cryptocurrency exchanges that will be compliant to operate within the United States, has recently gotten investors excited with an announcement that the platform was reviewing 30 new assets for listing. Importantly, the news also shed some light on the
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Stablecoin-based settlement platform Everex has obtained a full Money Transmitter License from a New Jersey regulator, allowing the company to test services in the United States.In a press release shared with CryptoX on Aug. 19, Everex revealed that the New Jersey Department of Banking and Insurance issued the company
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The cryptocurrency industry may be popular, but that doesn’t mean it has seen mass adoption. Even Vitalik Buterin, the creator of Ethereum, agrees. Speaking to The Toronto Star recently, the 25-year old multimillionaire provided reasons why he thinks crypto adoption has yet to catch on. Crypto Adoption: Why Hasn’t It Happened
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