Cryptocurrency Analysis and News Portal
Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that his company takes much lower fees than the ones that card institutions impose on
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Bitcoin price is currently correcting higher above the $10,000 resistance against the US Dollar.The price is facing many key resistances near the $10,250, $10,300 and $10,400 levels.There is also a connecting bearish trend line forming with resistance near $10,450 on the hourly chart of the BTC/USD pair (data feed from
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The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance.Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels.EOS price recovered more than 5% and it is now trading near the $3.650 resistance.Ethereum Classic price rallied close to 20% and broke the
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Ripple price started an upside correction after trading as low as $0.2580 against the US dollar.Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250.Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source
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ETH price started a decent recovery after it tested the $180 support area against the US Dollar.The price is currently struggling to break a major resistance area near the $195 level.There is a key contracting triangle forming with resistance near $194 on the hourly chart of ETH/USD (data feed via
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Brian Kelly is bearish on the bitcoin price in the short term but believes there is a generational buying opportunity coming in BTC/USD. | Source: CNBC/YouTubeBy CCN Markets: The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC,
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Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals.Closing the information gapCrypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move
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Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions.Going beyond the U.S. dollarRipple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of
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Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings.U.S. startups look for Japanese partnershipsThe Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack
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Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency.BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial
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