Cryptocurrency Analysis and News Portal
Tron’s native coin TRX has been moving on bullish price action since the beginning of the month. Tron had announced in the past weeks, that, it is soon to be going live with its algorithmic stable coin USDD. Ever since this development, the anticipation caused prices of TRX to surge. TRX
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Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4's Federal Reserve comments.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTudor Jones says "no thanks" to stocks, bondsData from Cryptox Markets Pro and TradingView showed BTC/USD hovering just above $38,000 at May 3's Wall Street open.The pair had stayed practically
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Speaking on the company earnings call Thursday morning, CEO Mike Novogratz said Galaxy tweaked the deal terms to reflect progress BitGo has made, including hiring over 150 people since the original agreement in May. “It's a bigger and better company,” and Galaxy will continue to work on integration with BitGo,
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Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source
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Ether continues to struggle for a breakout above key resistance even as bitcoin, the crypto market leader, looks north after record daily close.The native token of Ethereum’s blockchain is yet to take out the falling trendline drawn from May and September highs. Bitcoin cleared similar resistance two weeks ago and
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Bitcoin has regained upside momentum following Thursday’s 2.5% drop, which saw the market nearly re-test the former resistance-turned-support near $53,000. The cryptocurrency was trading near $55,500, representing a 3% gain on the day, having printed a five-month high above $56,000 during the European hours. Source
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The Senate still has to vote on its own version of the bill before the two legislative groups conference to reconcile their respective versions. All of Congress will have to vote on the final bill. The provision, inserted by Rep. Patrick McHenry (R-N.C.), seeks to promote U.S. international competitiveness by
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Mass Adoption Awaits: One Small Step for Vergeans, One Giant Leap for Cryptokind May 6, 2018 by Paul de Havilland If mass adoption is the holy grail for cryptocurrency, then Verge’s recently announced arrangement with MindGeek is a major milestone on the way to the widespread use of digital, non-state issued
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The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now, all eyes are on the European Union and its bespoke approach to regulating crypto
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Bitcoin is on the rise toward $12,000, but may face a stiff challenge to cross the price hurdle. Source
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