Cryptocurrency Analysis and News Portal
Bitcoin price is down more than 8% and it dived below $7,500 against the US Dollar.The price is currently correcting higher after trading to a new monthly low near $7,300There are two connecting bearish trend lines forming with resistance near $7,450 and $7,660 on the hourly chart of the BTC/USD
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Ripple price is correcting lower and is trading below the $0.2750 pivot level against the US dollar.The price is holding the $0.2700 support area, but it is facing a strong resistance.There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair
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In a tweet posted Monday, September 23, Libertarian presidential candidate and crypto rebel John McAfee wrote: “BAKKT goes live today. It is institutionalized and monitored … if you are “initiated”
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United States Treasury undersecretary Sigal Mandelker stated that cryptocurrencies could become “the next frontier” in the war on terrorism.According to a press release published on the U.S. Treasury’s website on Sept. 11, Mandelker made her remarks during the 19th annual international conference on counterterrorism.Cash is still predominantWhile Mandelker admitted
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French economy minister Bruno Le Maire said on Sept. 12 that French authorities won’t tax crypto-to-crypto trades, but will tax when cryptocurrencies are sold for fiat currency.Bloomberg Tax reported on Le Maire’s declarations on Sept. 12. Per the report he noted:“We believe that the moment the gains are converted
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The Catalan government announced IdentiCAT, a decentralized identity system. President Quim Torra and Minister of Digital Policies and Administration Jordi Puigneró announced the project on Saturday, local media outlet VilaWeb reported on Sept. 7. Notably, the government says it will not have access to the citizen’s data.Privacy protectionThe bidding
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ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar.The price is likely to decline sharply if it settles below the $165 support area in the near term.There is a declining channel forming with resistance near $169 on the hourly chart of
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Bitcoin price is following a negative angle and is trading well below $10,200 against the US Dollar.The price is likely setting up for a downside break below the $10,000 support area.Yesterday’s highlighted rising channel or a bearish flag is intact with support near $10,050 on the hourly chart of the
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United States Securities and Exchange Commission (SEC) Chairman Jay Clayton says he won’t make exceptions in securities law for cryptocurrencies, but he won’t stand in their way either.SEC rule changes ‘ain’t happening’Bloomberg published an interview with Jay Clayton on Aug. 27. According to Clayton, he has no desire to
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