ConsenSys issued a statement Feb. 7 in support of the appeal of the of Jarrett v. United States case concerning the taxation of staking rewards. The case originated in a dispute over a refund of about $4,000 that Joshua and Jessica Jarrett claimed on XTZ tokens they validated in 2019. The CaseConsenSysContinuationJarrettReleasesstatementSupportTax Read More
Ethereum is consolidating gains above $1,600 against the US Dollar. ETH is showing positive signs and might start another increase above $1,650.
Ethereum is showing positive signs above the $1,620 and $1,600 levels.
The price is now trading above $1,600 and the 100 hourly simple moving average.
There is a key bullish flag BullishContinuationEthereumFormsPatternPriceRally Read More
Bitcoin price climbed higher above the $16,800 resistance. BTC could rise further if it clears the $17,000 and $17,050 levels.
Bitcoin is slowly moving higher above the $16,800 and $16,850 resistance levels.
The price is trading above $16,700 and the 100 hourly simple moving average.
There is a major bullish trend line forming 17KBitcoinBullishContinuationJumpsPricePrintsSignal Read More
Ripple is consolidating below the $0.35 resistance zone against the US Dollar. XRP price could extend its decline if there is no recovery wave above the $0.35 barrier.
Ripple is currently consolidating below the $0.35 and $0.365 levels against the US dollar.
The price is now trading below $0.365 and the 100 bearishContinuation Read More
AR’s price shows much strength after breaking out from its long downtrend movement.
AR trade with good volume, breaking out from a downtrend ArweaveContinuationLevelsPriceRalliesWatch Read More
The European Central Bank (ECB) says the introduction of digital cash in the form of central bank digital currencies (CBDCs) appears to be the "only solution" that will guarantee a "smooth continuation" of the current monetary system. The comments were made as part of an ECB Working Paper Series, which was published BitcoinCBDCsContinuationcryptoexchangeECBExchangesMonetarySmoothSolutionSystem Read More
Ethereum briefly bounced back from its critical support zone, but the bears resumed their attack. The second crypto by market cap has returned to an area that must be defended to prevent further losses.
Related Reading | TA: Ethereum Revisits $2.8K, Why Upsides Might Be Limited
At the time of writing, Ethereum (ETH) BullishContinuationEthereumIndicatorPoints Read More
The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460. ETH/USDT 4-hour chart. Source: TradingViewHere's what anlaysts are saying about the market now that AllTimeContinuationETHEthereumsHighPrepares Read More
Bitcoin is showing positive signs above the $57,000 level against the US Dollar. BTC could gain pace and it might even test the $60,000 resistance zone.
Bitcoin started a fresh increase and it broke the $58,500 level.
The price is now trading above $58,000 and the 100 hourly simple moving average.
There was 62KBitcoinContinuationIndicatorsKeySuggestUpside Read More
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it had made in the past stressing that “financial institutions and non-bank payment BitcoinBobbyBullContinuationcryptoexchangeDontExchangesFundamentalsLeeMarketNewsPanicRegulationShow Read More