Cryptocurrency Analysis and News Portal
Several individuals are facing criminal proceedings launched against them for participating in the fraudulent digital currency scheme of OneCoin. Konstantin Ignatov, Ruja Ignatova and Mark Scott, continue to face these proceedings at the New York Southern District Court.The whole crypto Ponzi scheme is estimated to be worth billions of dollars
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Swiss crypto broker Bitcoin Suisse has partnered with fintech firm Amun to launch a new crypto exchange-traded product (ETP) on the country’s stock exchange SIX.“ABBA” Bitcoin and Ether ETP goes liveAs industry media outlet The Block reported on Oct. 3, the joint Bitcoin (BTC) and Ether (ETH) product, trading
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Bitcoin price is holding the $8,200 support area with positive moves against the US Dollar.The price is likely to revisit the $8,500 resistance area and it might even surpass the stated level.There is a new connecting bullish trend line forming with support near $8,300 on the hourly chart of the
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The total crypto market cap is slowly moving higher towards the key $220.0B resistance area.Bitcoin price might soon make another attempt to surpass the key $8,500 resistance area.BCH price is holding the $220 support, but it is facing hurdles near the $235 resistance.EOS price is climbing above $3.000 and it
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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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