Bitcoin (BTC)

South Korean regulators have taken a decision that it is better to introduce important changes within the crypto industry rather than just put a major ban on it.The Indian government has recently made a move to crypto legalization. Ukraine, Canada, Belarus, the EU, and some other regions are joining the government-backed stablecoin fuzz. While looking at the situation, South Korea has recently legalized crypto, with a major Amendment.The Amendment will substantially change some parts of the...

The situation between TRON and Steem continues to raise controversy in the cryptocurrency community. The famous crypto proponent John McAfee recently shared his opinion on the matter, saying that Justin Sun is trying “to collect water with a sieve.”McAfee: Communities Cannot Be PurchasedThe former anti-virus software tycoon, John McAfee, has been a regular commentator on the cryptocurrency space. Previously, he went from a Bitcoin proponent who made a bold prediction that its price will reach...

All technical indicators convinced commentators that Ripple’s XRP has taken on a bullish path after the Supreme Court of India reversed a bitcoin ban imposed by Reserve Bank of the country.Currently, Ripple‘s XRP is following a bullish path that has formed above the $0.2320 support zone. It attempted to break the $0.2380 resistance level, but it failed. For now, the XRP price has corrected lower below the $0.2350 handle and the 100-hourly simple moving average (SMA). A low has now formed near...

Tezos increased by a substantial 15% over the past 24 hours of trading, as XTZ cryptocurrency hit $3.30.The coin found support at the 0.5 Fib Retracement level and then rebounded by around 30% over the past four days.Tezos’ current 2020 high against bitcoin is at 0.0004073 (Binance). Tezos is the top 10 crypto project by market cap, with a market cap of $2.27 billion.Key Support & Resistance LevelsXTZ/USD:Support: $3.14, $3.00, $2.80.Resistance: $3.52, $3.65, $3.80.XTZ/BTC:Support:...

Over the past days, we see a positive correlation between Wall Street and Bitcoin. Just a few hours after Wall Street closed its trading day in decent 3-4% gains across all major indexes, the primary cryptocurrency had gone through the same increase.As of writing these lines, Bitcoin price had reached a daily high of nearly $9,000 ($8960 on Bitstamp). This level is also the weekly high from Monday.As of now, Bitcoin is trading slightly below the benchmark level, but safely above the crucial...

Litecoin price declined below the $60.00 level before it found support near $56.00 against the US Dollar.LTC price is currently correcting higher above $60.00, but it is facing a lot of hurdles.There is a major declining channel is forming with resistance near $61.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either rally towards the $68.00 level or it might restart its decline below $58.00.Litecoin price is trading near a major breakout zone against the...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 827. Heute sprechen wir über folgende Themen: Positives Bitcoin Urteil in Indien, Finanzmarktaufsicht warnt vor BitMEX & BaFin geht wieder gegen Aufsteller von Bitcoin-Geldautomaten vor. [embedded content] 1.) Indiens Oberster Gerichtshof hat gerade ein extrem positives Urteil für Bitcoin gefällthttps://coincierge.de/2020/indiens-oberster-gerichtshof-hat-gerade-ein-extrem-positives-urteil-fuer-bitcoin-gefaellt/...

The Better Business Bureau (BBB) is taking aim at cryptocurrency.The BBB Says to Watch Out for Crypto ScamsTo be specific, it is taking aim at cryptocurrency scams, which the company states are more prominent than ever. According to a statement issued by the organization, crypto scams are the second riskiest illicit ventures from late 2019 and on.One of the tasks set forth by the BBB is to report employment scams. This remains in the top spot and the thing that American workers should be the...

Following recent price volatility, Chainlink (LINK) facing tough resistance around $4.9.While Bitcoin remains steady, the price of Chainlink has continued to surge over the past days.The bullish sentiment may end soon if Link doesn’t break above $5LINK-USD: Trapped In a Key Resistance AreaKey Resistance Levels: $4.9 – $5, $5.5Key Support Levels: $4.4, $3.8Two days ago, we mentioned the possible bullish momentum after spotting a head-and-shoulders pattern that was formed on the 4-hours chart....

Bitcoin is a complicated asset, but nothing appears more complicated about bitcoin than what category it should fall into.So, What IS Bitcoin, Exactly?Everywhere you look, attorneys, regulators and other members of the crypto and financial spectrums are wondering how bitcoin should be classified. Is it a currency? It is in the sense that it can be used to purchase goods and services. The trouble is that this practice is not mainstream enough yet to really get the “currency” aspect of bitcoin...