The “Bitcoin is dead” narrative has received the support of many naysayers and doubters over the years, especially in times when the cryptocurrency’s price has fallen sharply. So far, the hundreds of such assumptions have turned out to be wrong, and recent statistics showed that the number of doubters dropped significantly in 2020, as the asset price exploded to new highs.Bitcoin Obituaries Plummeted In 2020With the emergence of an entirely new investment opportunity called Bitcoin over a...
Read More »QR-Code ab September 22: Schweiz schafft klassische Einzahlungsscheine ab
QR-Code ab September 22: Schweiz schafft klassische Einzahlungsscheine ab In der Schweiz gehören Einzahlungsscheine bald der Vergangenheit an. Mitte kommenden Jahres werden die klassischen Belege durch zeitgemäße QR-Rechnungen ersetzt. Für Fans des klassischen Rechnungswesens bleibt jedoch eine Hintertüre offen. QR-Rechnung wird im September 2022 Standard Die QR-Rechnung wurde...
Read More »Ripple Price Analysis: Following 12% Weekly Decline, XRP Hinges on Important Support
XRP/USD – XRP Holds Strong At Short Term .618 FibKey Support Levels: $0.25, $0.23, $0.22.Key Resistance Levels: $0.3, $0.32, $0.35.XRP has been relatively quiet in January after the disastrous move in December, which saw it collapse by over 75% from high to low. It managed to find support at $0.2 and started a very slow recovery, trading sideways in a symmetrical triangle pattern.Over the past three weeks, XRP has remained supported by a short term .618 Fib Retracement level at $0.263, which...
Read More »Stock Market Bubble Searches Peak as GameStop (GME) Share Price Surges 600% in Days
2020 turned out to be one of the S&P’s best performing years despite the pandemic. It seems the overall bullish trend in the past year is luring more investors and traders to the stock market. Data shows that searches for “stock market bubble” are peaking as the most recent frenzy with GameStop stock rages on.Stock Market 2020 Recap: A Few WordsThe raging pandemic saw millions of people losing their lives and jobs. These should have been more than enough to trigger a looming bear market,...
Read More »Tron (TRX) Price Analysis: Range Moves Below Key $0.033
Tron price is still facing a strong resistance near the $0.0325 and $0.0330 levels against the US Dollar.TRX price is now trading well below $0.0300 and the 55 simple moving average (4-hours).There was a break below a connecting bullish trend line with support near $0.0302 on the 4-hours chart (data feed via Bitfinex).The pair could revisit the $0.0280 support or even $0.0265 in the near term.TRON price is struggling to gain bullish momentum above $0.0320 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Could Extend Losses Below $30K
Bitcoin price is struggling to clear the $34,000 and $35,000 resistance levels against the US Dollar.The price is now trading well below $34,000 and the 55 simple moving average (4-hours).There are two major bearish trend lines forming with resistance near $34,000 and $34,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline sharply if it fails to stay above the $30,000 support zone.Bitcoin price is showing a few bearish signs below $35,000 against the...
Read More »Bahrain Welcomes Coin MENA, a New Sharia-Compliant Digital Trading Platform
The Central Bank of Bahrain (CBB) is a fan of cryptocurrency. So much so that the firm is now unveiling Coin MENA, a new cryptocurrency exchange.Coin MENA Is Here for All Eager TradersWhat’s the big clincher? The exchange is compliant with Sharia law. The trading platform has recently received its new “Crypto Asset Services Company License – Category Two” and will begin paving a path for users to trade, purchase and sell digital currencies within the Middle Eastern nation of Bahrain.The firm...
Read More »Further Details Emerge Regarding Ripple – SEC Lawsuit
The lawsuit between Ripple and the Securities and Exchange Commission (SEC) is starting to heat up.Ripple Could Be Heading to a Point of No ReturnHere’s a little background on the case. Less than a month ago, the financial agency filed a civil suit against Ripple, which issues the fourth-largest cryptocurrency in the world known as XRP after bitcoin, Ethereum and Tether (a stable currency). The SEC is alleging that Ripple falls into the “securities” category and did not properly register its...
Read More »Education Is Crypto’s Missing Link, Says Grayscale CEO
Global regulators have always branded cryptocurrencies, especially bitcoin, as a tool for illicit activities such as money laundering and crime financing. Even the newly-confirmed US Treasury Secretary Janet Yellen recently raised concerns over the same issue. Experts like ECB President Christine Lagarde and Shark Tank’s Kevin O’Leary have also called for a unified global regulatory framework for bitcoin to work properly. With the regulatory pressure mounting on the crypto industry, Michael...
Read More »100-mal schneller: Zweite Schnellladestation von Fastned in der Schweiz eröffnet
Zweite Schnellladestation von Fastned in der Schweiz eröffnet Fastned, das europäische Schnellladenetzwerk für Elektrofahrzeuge, hat seine Zweite Schnellladestation in der Schweiz eröffnet. Diese Station befindet sich in der Nähe der ersten Station (Suhr), die Fastned im Dezember letzten Jahres eröffnet hat. Fastned-Dach mit Solarmodulen Die Schnellladestation kennzeichnet...
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