Cryptocurrency Analysis and News Portal
Altcoins continue to take advantage of Bitcoin’s sideways trading and traders who take a quick glance at the altcoin-to-Bitcoin pairings at their exchange of choice will notice that many of the altcoins are again posting double-digit gains. At the time of writing, THETA is up 13.26%, KyberNetwork (KNC) 18% and
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Ripple price is struggling to recover above the $0.2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0.2180 support area. There is a declining channel forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum recovered
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One of the most significant developments of the past few months in the crypto sphere has been the potential initial public offering of Bitcoin miner maker Canaan. The company is the second-biggest company in the category, and its IPO is all set to be one of the biggest events in
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Before we start XRP nor Ripple are explicitly mentioned here, however, Ria Money Transfer is a big RippleNet partner and has joined PayPal’s payment service Xoom. We are particularly excited because the move includes a major partnership not only with Ria but also Walmart whose Ripple connection featured last week. At Ria,
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First off at the XRP meetup in Japan, Ripple Product Manager Warren Anderson claimed he cared not for the $2 billion daily crypto market we all moan about. He says the market that Xpring is targetting is the $5 Trillion a day FX Markets, is it simply coincidence the Swift network
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On Oct. 9, 2019, the United States Internal Revenue Service issued Revenue Ruling 2019-24 and a series of frequently asked questions, identifying rules governing U.S. taxation of digital currencies. Taxation in the U.S. is unbelievably complex, but the new IRS guidance takes a step-by-step approach to address some of
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Bitcoin price continues to fall after a massive surge late last week sent the price of the first-ever crypto asset skyrocketing, blasting through resistance and revisiting five-digit prices briefly before it began to cool off.Now, Bitcoin is flirting with a drop below $9,000, but thus far $9,000 has provided strong
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Ethereum price declined heavily below $170 and traded close to $150 against the US Dollar.Bitcoin price is down more than 8% and it even traded below the key $7,500 support.Yesterday’s highlighted bearish trend line is intact with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken).The
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Anthony Pompliano’s Morgan Creek Capital Management firm established a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filling for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly
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SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first initial coin offering (ICO) portal operator to be approved by Thailand’s securities regulator.According to an Oct. 11 report from The Bangkok Post, SE Digital plans to launch Thailand’s first investment token, with
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