Cryptocurrency Analysis and News Portal
Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been pushed back across $7,000 with buyers showing interest in prices below the $7K handle.The loss in Bitcoin valuation has dragged the
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Many people in the crypto space had written off Digitex Futures. The company with ambitious plans to remove commissions from bitcoin futures trading failed to deliver on its promises twice. Yet, after some very public scraps with development teams and backlash from investors, the company is gearing up for its
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The U.S.-based custody bank is looking to offer fractions of tokenized bonds to retail and small professional investors. Source
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Ant Financial, the fintech arm of Chinese tech giant Alibaba Group, has launched the testing stage for its blockchain network aimed to support small and medium-sized businesses. Speaking at the World Blockchain Summit at Wuzhen, China, Jieli Li, senior
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Turkey's President Recep Tayyip Erdogan directed that the government should finish testing the national central bank digital currency (CBDC) in 2020. The country’s national blockchain-based digital lira is planned to be issued by the Central Bank in accordance with the 2020 Annual Presidential Program, CryptoX Turkey reported on Nov.
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Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October.Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with five global firms, two or three of which represent crypto businesses, Coindesk reports Sept. 26.Crypto
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Ripple price extended its decline and tested the key $0.2650 support area against the US dollar.The price could accelerate its decline if it fails to hold the key $0.2650 support.There is a major declining channel forming with resistance near $0.2810 on the hourly chart of the XRP/USD pair (data source
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Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks.Expanding Cash AppCiting a source familiar with the matter, Bloomberg reported on Sept. 12 that the San Francisco-based startup’s employees began testing the new feature in recent weeks. Once released, it
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ETH price failed to settle above $180 and started a fresh decrease against the US Dollar.The price is currently trading near the $174 support and it could bounce back in the near term.There was a break below a major bullish trend line with support at $177 on the hourly chart
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Ripple price started an upside correction above the $0.2600 resistance against the US dollar.The price is facing a strong selling interest near the main $0.2650 resistance area.Yesterday’s highlighted major bearish trend line was breached with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken).The
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