After a two-year crypto ban imposed by the Reserve bank of India, the Supreme Court has decided to allow cryptocurrency trading.The crypto ban has been reversed in India. Sources have reported that the Indian Supreme Court decided to overturn the two-year-old ban. Many within the crypto space have been jubilating concerning the given judgment. The verdict has been seen by many as a gamechanger for cryptocurrencies in India and Asia. The Reserve Bank of India (RBI) had previously banned crypto...
Read More »Ripple Price Analysis: Past Week’s Sideways Action Might End-up In A Huge XRP Move Soon
XRP continues to maintain the $0.227 support as it recently made attempts to break $0.24.The cryptocurrency has lost a total of 15% over the past two weeks of trading but is doing well to remain above the $0.227 support.Against Bitcoin, XRP is struggling to break resistance at 2700 SATs.Key Support & Resistance LevelsXRP/USD:Support: $0.227, $0.22, $0.217.Resistance: $0.245, $0.25, $0.26.XRP/BTC:Support: 2640 SAT, 2600 SAT, 2550 SAT.Resistance: 2700 – 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD...
Read More »Cardano (ADA) Price Analysis: Upsides Remain Capped Near $0.052
ADA price started a major decline and traded below the $0.0520 support against the US Dollar.The price traded as low as $0.0450 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0515 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it fails to recover above the $0.0515 and $0.0520 resistance levels.Cardano price is facing an increase in selling pressure against the US Dollar and bitcoin. ADA price must...
Read More »FED Rate Receives 50 Basic Point Cut as Coronavirus Scares More People
The FED interest rate will receive a cut-off despite the fact that Jerome H. Powell was previously against that. Donald Trump and Steven Mnuchin send the words of support. The U.S. is full of coronavirus fears.Due to the coronavirus attack, the U.S. Federal Reserve (FED) decides to take 50 basis points off the interest rate. After the news, Bitcoin price went up, later showing again that the trend is not moving in a positive direction. No matter what, Bitcoin is in the relax zone below $9000....
Read More »Tesla and SpaceX CEO Elon Musk Claims Dogecoin Is Cool, Price Goes Up
Elon Musk has been trolling the crypto community many times already. Now he says that Dogecoin is the best cryptocurrency.Elon Musk has been tweeting about different cryptocurrencies for several years so far, mentioning Ethereum and Litecoin. Other coins are not the ones he like, but to make it without clear judgment, he seems like love Dogecoin. One was invented just for fun, the developers didn’t think that the community will make the coin grow. Not only the community supported the network,...
Read More »Bitcoin Price Analysis: BTC Could Recover Towards $9,400
Bitcoin price declined heavily and traded below the $9,000 support against the US Dollar.The price traded as low as $8,400 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $9,405 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher towards $9,400 if it breaks the $9,000 resistance.Bitcoin price is currently correcting higher above $8,800 against the US Dollar. BTC must surpass $9,000 to start a...
Read More »#826 Bitcoin als digitales Gold gefestigt, Volumen Einbruch Bitcoin CME Futures & Paris Blockchain Week verschoben
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 826. Heute sprechen wir über folgende Themen: Bitcoin hat sich in seiner Rolle als digitales Gold gefestigt, Volumen Bitcoin CME Futures stürzt ein & Paris Blockchain Week verschoben. [embedded content] 1.) Grayscale Direktor: „Bitcoin hat sich in seiner Rolle als digitales Gold gefestigt”https://de.cointelegraph.com/news/bitcoin-has-solidified-role-as-investors-digital-gold-grayscale 2.) Das Volumen der Bitcoin CME Futures...
Read More »India’s Supreme Court Lifts The Cryptocurrency Trading Ban by RBI From 2018
Today, the cryptocurrency community in India received a positive outcome on behalf of the country’s Supreme Court. After years of suppression from the Reserve Bank of India, The Supreme Court officially lifted the ban on trading or operating with digital assets.The RBI’s crypto ban is UnconstitutionalA local report from earlier today informed the positive outcome coming from the giant Asian country. A three-judge bench led by Rohinton Nariman quashed the 2018 directive from the Reserve Bank...
Read More »Evénement : Lancement de l’ADAN
« L’ADAN (l’Association pour le développement des actifs numériques) vous invite à célébrer son tout récent lancement autour de son équipe de permanents, ses membres, et ses nombreux futurs adhérents ! A l’occasion de cet événement, un panorama de l’industrie des actifs numériques et ses perspectives en France et en Europe vous sera proposée par Simon Polrot, Président de l’Association. Un panel d’experts viendra ensuite exposer, et...
Read More »Bitcoin Price Analysis: Despite Global Markets’ Volatility, Bitcoin’s Showing Stability – The Calm Before The Storm?
Despite the raging volatility of the global markets due to the coronavirus, Bitcoin is acting as a stable coin, and over the past week, we had seen it trading between $8500 and $9000, which is roughly a 5.6% price range.Since the previous analysis from two days ago, Bitcoin had broken above our marked triangle (on the following 4-hour chart), and surged to the next resistance level at $9000, along with the 4-hour’s 50 moving average line (the pink line).There, the primary cryptocurrency got...
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