Cryptocurrency Analysis and News Portal
This week as equities markets plummeted across the globe, Bitcoin (BTC) price also faced a sharp correction. Over the past week Bitcoin price has dropped $1,500 and currently trades at $8,454, a new four week low. Since the start of the year Bitcoin and most major altcoins showed an impressive
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Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in
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Bitcoin failed to climb convincingly above $10,200 against the US Dollar. As a result, BTC declined heavily below $9,800 and it is now vulnerable for a bigger a correction.Bitcoin price failed to clear the $10,200 and $10,300 resistance levels against the US Dollar.There was a sharp decline below the $10,000
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Selling things for bitcoin online doesn’t have to be hard. In fact, it shouldn’t be, given the decentralized nature and low fees
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Ripple is down more than 2% and it broke the $0.1880 support against the US dollar.XRP price is now trading near the $0.1840 support area and it could correct higher.There is a key bearish trend line forming with resistance near $0.1920 on the hourly chart of the XRP/USD pair (data
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Ethereum is down more than 2% and it broke the $142 support area against the US Dollar. The price is currently correcting higher, but it could face hurdles near $142 and $144. Yesterday’s major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via
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Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar. The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260. There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum
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Swiss startup Anum has won a regulatory approval to widen its offerings of crypto-based financial products to retail investors in the European Union. Source
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According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November
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German banking association BdB was positive about the legislation, too. "Credit institutions are experienced in the safekeeping of client assets and in risk management, are committed to investor protection and have always been controlled by the financial supervision," it said. As such, banks could "effectively prevent money laundering and terrorist
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