Crypto news

Tron price started a downside correction from the $0.0190 zone against the US Dollar.TRX price declined below $0.0180 and it is currently trading near the $0.0172 support zone.There is a crucial contracting triangle forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong downward move if it breaks the $0.0172 and $0.0170 support levels.TRON price is trading near a major support zone against the US Dollar, similar to bitcoin. TRX price...

Ethereum price started a downside correction from the $249 swing high against the US Dollar.ETH price is currently consolidating above the $236 support and near the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $244 on the 4-hours chart (data feed from Coinbase).The pair could either climb again towards $250 or it might dive below the $236 support.Ethereum price is struggling to stay above the $236 support against the US Dollar. ETH/USD...

A new cryptocurrency app known as Bottlepay will be introducing itself to the crypto-going public following months of delays.Bottlepay Is Now UnderwayBottlepay was originally set to be introduced in late 2019, though there were several problems with the product’s launch thanks to newfound regulations set forth by European lawmakers. The app had to redesign its cryptocurrency wallet to meet the standards set forth by AMLD5, which is the European Union’s anti-money laundering initiative. At the...

Deutsche Bank: Das Institut befindet sich mitten in einem radikalen Umbau. Die Bundesregierung hat im Zuge der Corona Maßnahmen für eine Entlastung der Kreditnehmer gesorgt. Es wurde das Recht erlassen, Kreditraten stunden zu lassen. Festgelegt wurde der Zeitraum 1. April bis 30. Juni 2020. Eine Verlängerung dieses Zeitraumes ist nicht vorgesehen. Dies gilt für alle Kredite,...

It looks like Chainlink (LINK) is today’s big gainer. Despite mediocre activity amongst some of the leading cryptocurrency assets – i.e. bitcoin, Ethereum, Ripple, etc. – the asset has shot up by more than 1,000 percent since May of last year.Chainlink Is on a Serious RollMany of the primary cryptocurrencies within the space have been hit hard by the coronavirus-induced global market crash, which ultimately caused assets like bitcoin to temporarily lose as much as 70 percent of their values...

India saw a rapid increase in cryptocurrency trading amid the lockdown period, and after the Supreme Court overturned the Reserve Bank of India’s decision to ban crypto businesses, the Hindu reports.India’s Crypto Trading Volume May Be Up to $30M Per DayThe strict social distancing rules, which were adopted at the end of March, might have triggered a surge in cryptocurrency trading volumes, bringing many new participants. Local companies that deal with cryptocurrencies in one form or another...

People holding cryptocurrency in exchanges based in Japan apparently increased their holdings of bitcoin, Ethereum and Ripple over the past few months. BTC, ETH and XRP are the three largest cryptocurrencies in the industry by market cap.Japan Is Still a Major Crypto HubThe surge in holdings appears to stem from the spread of the coronavirus, which has led to the shuttering of the global economy and the ravaging of global financial tools. The virus first began to spread in late 2019, but by...

Despite speculations that miners may abandon ship following the 2020 Bitcoin halving, the network’s security has been primarily increasing, and the hash rate reached a new ATH days ago.In response, the network increased the mining difficulty earlier today by almost 10%, reaching a fresh all-time high as well.Bitcoin’s 10% Difficulty EnhancementUpon creating the Bitcoin network, Satoshi Nakamoto introduced a self-sustaining feature that allows it to make significant adjustments depending on...

XRP surged by a strong 9.5% over the past week as the coin reclaims $0.20.The cryptocurrency is facing strong resistance at the 200-day EMA at around $0.21.Against Bitcoin, XRP has started to recover as it attempts to break the 2200 SAT resistance.XRP/USD: XRP Buyers Holding Above $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.215, $0.225, $0.235.Last week, XRP bounced from the $0.175 (.5 Fib Retracement) support as it climbed above the 100-day EMA to break $0.2. It...

Middle East’s Lebanon is a country with well-known economic issues, deepening for years and peaking during the COVID-19 pandemic.With the nation’s unfavorable situation, numerous prominent economists have offered widely-ranging solutions to the depreciating local currency and USD dependence. Nevertheless, a recent report explored the possibility of a more untraditional solution – Bitcoin.Lebanon: How Did It Get Here?The country’s economy is primarily based on services with the tourism sector...