Cryptocurrency Analysis and News Portal
Ripple price corrected lower recently and tested the $0.2450 support area against the US dollar.The price is currently climbing higher and is trading nicely above the $0.2500 level.There is a key bullish trend line forming with support near $0.2480 on the hourly chart of the XRP/USD pair (data source from
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ETH price is showing positive signs above the $172 and $170 support levels against the US Dollar.The price is currently trading near $180 and it might soon retest the $185 resistance area.Yesterday’s highlighted key bullish trend line is active with support near $172 on the hourly chart of ETH/USD (data
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Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding.Building full-scale enterprise blockchain solutionsOn Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed
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Members of the United States House of Representatives Financial Services Committee asked the Federal Reserve whether there are any plans of launching a U.S. dollar digital currency.Fed has the mandate to develop a national digital currencyIn a Sept. 30 letter to Federal Reserve Board Chairman Jerome Powell, U.S. Representatives
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Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin (BTC).In an Oct. 2 press release, Sprague announced that according to an internal review, approval by the Board of Deposit was required before Ohio launched the website that allowed
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Leading Japanese companies are forming a regulatory association for security token offerings (STO).On Sept. 30, the Nikkei Asian Review reported that firms such as SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group are part of the STO association that will propose a new set of rules and
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Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level.Cryptocurrency market daily overview. Source: Coin360One week since Bitcoin suffered from double-digit losses, the coin is back to
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Encrypted messaging service Telegram will launch its long-awaited Telegram Open Network (TON) in late October.In an Oct. 2 message in the official TON Board on Telegram, the firm states that original investors were informed that the blockchain network would launch later this month. Investors are provided with TON key generation
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It’s too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, analysts at Oppenheimer & Co. said. In an Oct. 1 research note, the equity research firm encourages investors to “not get upset” about the
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