Crypto news

Chainlink’s price decreased by 7% overnight.It may resume the uptrend if the previous monthly breakout level can hold as support.LINK/USD: Price Holding Above $7.1Key Resistance Levels: $7.83, $8.2, $8.9Key Support Levels: $7.11, $6.86, $5.7LINK/USD. Source: TradingViewEarlier this month, Chainlink saw an impressive 95% surge to reach $8.9 on July 16 after finally claiming the crucial $5 resistance-turned-support level that suppressed bullish actions in the weeks before. Today, however, LINK...

Following reports that Russia may introduce new legislation that would essentially criminalize cryptocurrency usage, a recent document revealed that the country is reviewing an updated version of the “Digital Financial Assets” (DFA) bill that excludes criminal allegations.No Prison In Russia For Cryptocurrency Usage?As CryptoPotato reported recently, members of Russian’s lower house (the State Duma) contemplated new strict legislation on cryptocurrencies.The first reading of the DFA bill...

XRP saw a nice 1% price hike today as the coin edges back toward $0.20.It has been trying to reclaim $0.2 for the past 10-days but has failed on each attempt.Against Bitcoin, XRP continues its recovery as it found strong support at 2100 SAT.XRP/USD: XRP Bulls Struggling To Reclaim $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.At the start of July 2020, XRP rebounded from the support at $0.175 (.5 Fib Retracement) as it pushed higher to reach the...

Decentralized finance (DeFi) is all the rage in 2020 as projects in the field continue to explode. The total value locked in lending protocols has skyrocketed throughout the year.And while there are plenty of exciting projects, one seems to stand out with its unique approach.The project in question is Ampleforth (AMPL). It addresses a few problems that even Bitcoin, being the primary and most widely-adopted and perhaps, understood, cryptocurrency, has.But for AMPL to make sense, let’s dive...

In den USA hat es Donald Trump vorgemacht, die EU zieht nun offiziell nach. Vor wenigen Stunden wurde in Brüssel beschlossen, 750 Milliarden Euro in den europäischen Markt zu pumpen. Damit dürften zwei Effekte einsetzen, die den Bitcoin stärken sollten.Bitcoin News: Auch EU mit großem Corona-HilfsprogrammEine schwache Wirtschaft ist auch für den Bitcoin ein Problem. Die Coronakrise hat deutlich gezeigt, dass in turbulenten Zeiten die Investoren vorsichtig mit ihrem Geld handhaben. Viele...

After adding Stellar to its Samsung Blockchain Keystore, the tech mogul has also featured another cryptocurrency project under its kit.Namely, this is the Decentraland Marketplace application that has already been added to Samsung’s Blockchain Wallet, as per a recent report.Decentraland Joins Samsung Blockchain WalletAccording to an official announcement, the smartphone giant Samsung, who’s attempting to further the adoption of blockchain technology, has involved the popular project...

The leading digital asset management company Grayscale Investments has received approval from FINRA for public quotations for two more of its cryptocurrency products. Consequently, shares of both Grayscale Bitcoin Cash Trust (BCHG) and Grayscale Litecoin Trust (LTCN) have become the first publicly-quoted securities in the US deriving value from Bitcoin Cash (BCH) And Litecoin (LTC).FINRA Approves Grayscale’s BCH And LTC TrustsAccording to the official announcement from the digital currency...

The UK’s HM Treasury, who acts as the ministry of economy and finance, said it might give the Financial Conduct Authority (FCA) a free hand to monitor advertisements issued by unauthorized firms, including those related to cryptocurrency.HM Treasury Proposes that FCA Supervise Cryptocurrency PromotionsAs of today, finance companies that are not under the supervision of the FCA must get approval from any authorized firm to promote a financial product through advertising. However, the...

Tron price extended its decline below the $0.0175 support zone against the US Dollar.TRX price tested the $0.0168 support and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0174 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong upward move if it breaks the $0.0174 and $0.0180 resistance levels.TRON price is holding a major support zone near $0.0168 against the US Dollar, similar to bitcoin. TRX price must gain...

Recent research has indicated that Ethereum has ‘blown past Bitcoin’ in terms of daily settlement value, which is a testament to how much economic activity has increased on the network.Ethereum Beats Bitcoin on Economic ActivityMessari researcher, Ryan Watkins, recently posted his findings stating that a quarter ago, Ethereum had just about reached parity with Bitcoin in Daily settlement value. A quarter later, Ethereum has blown past Bitcoin.Zooming in on Ethereum, in Q1 Ethereum had just...