Cryptocurrency Analysis and News Portal
Bitcoin price is struggling to hold a couple of important supports near $7,200 against the US Dollar.The price is likely to continue lower below the $7,200 and $7,000 support levels.There is a major bearish trend line forming with resistance near $7,390 on the hourly chart of the BTC/USD pair (data
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Legislation clarifying the legal status of cryptocurrencies, including mining and token sales, was reported to be passing through the State Duma by the end of the last summer session, but has seen delays. Two of three planned bills were passed in 2018, however, one regarding digital rights and the other
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Bitcoin (BTC) inched closer to $8,000 on Nov. 29 after maintaining its previous gains for another day. Cryptocurrency market daily overview. Source: Coin360Bitcoin settles above $7,500Data from Coin360 showed BTC/USD avoid a reversal of its progress from earlier this week, which saw the pair suddenly surge from $6,500 to $7,600. Since
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Blockchain researchers at online brokerage eToro have argued that Facebook should look to support third-party stablecoins, not Libra.According to a Nov. 28 report from Finextra, eToro’s blockchain research unit eToroX Labs believes that while Facebook’s crypto project offers a “trailblazing opportunity” to disrupt financial services worldwide, the social media
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In an announcement released on Monday, the crypto exchange BitBay has affirmed that it will stop its support for the cryptocurrency Monero (XMR). The trading platform will stop its support on 19th February, 2020.Monero is a privacy-oriented digital coin. To keep up with the market standard, BitBay has decided to
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Today, November 26, 2019, KuCoin, an IDG-backed crypto exchange, and fiat on-ramp service, Banxa, announced a strategic partnership to launch instant fiat to crypto conversions for all KuCoin users.The new partnership allows KuCoin’s customers to buy Bitcoin (BTC) and Ethereum (ETH) with Australia Dollar (AUD) and British Pound (GBP) directly,
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Technical analysis of price trends is a topic ever electrifying the world of crypto investment, with dynamic debate on social media and
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There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar.The price is currently correcting losses, but remains at a risk below $7,400.There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The
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Malta-based cryptocurrency exchange OKEx has secured support from four new partners, including hardware crypto wallet Ledger, for its utility token OKB.OKEx announced the news in a press release shared with CryptoX on Nov. 22, detailing that it had partnered with Ledger, Vietnam-based over-the-counter exchange Aliniex, fiat-to-crypto exchange Bvnex, and
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Bitcoin price is down 6% and tested $7,400 (discussed in the medium term outlook) against the US Dollar.The price is showing no signs of a strong recovery and remains at a risk below $7,800.There is a key contracting triangle forming with resistance near $7,650 on the hourly chart of the
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