The price slowly recovers after finding small support around $4.27.The daily decrease in volume shows that bears may be around the corner.LINK/USD: Trading Volume Is Fading AwayKey Resistance Levels: $4.9, $5, $5.5Key Support Levels: $4.27, $3.9, $3.5LINK/USD. Source: TradingViewChainlink’s performance has been quite impressive during the second quarter of 2020. The bulls are still trying to remain in control of the market.Looking at the volume on the daily chart – which reveals a consistent...
Read More »Australia Post Gives People the Chance to Buy BTC at Post Office Locations
Who knew that the post office wasn’t just for sending and receiving packages and letters anymore? In Australia, customers are now eligible to purchase bitcoin and cryptocurrencies from local post offices.Australia Is Bringing Bitcoin to the MassesOne of the country’s oldest establishments – Australia Post – is now teaming up with bitcoin.com.au to give customers the chance to buy bitcoin through a new feature known as Post Billpay. This feature is offered at more than 3,500 post offices...
Read More »Willy Woo: The Bitcoin Price Will Spike Again in July
Bitcoin has been losing about $100 a day over the past several days.Bitcoin Has Been Dropping Rather SteadilyAt the time of writing, the world’s number one cryptocurrency by market cap has seemingly fallen to just over the $9,000 mark and is trading for about $9,040. Yesterday, it was trading for about $9,140, and before that, over $9,200. The currency has been trapped in a slow-moving bear pattern that has caused it to lose a little bit with each 24-hour cycle.And yet, according to analysts...
Read More »Augur v2 Comes On July 28th, Brings A New Token And REP Rename
The veteran decentralized betting platform Augur will launch the second version of its project on the Ethereum mainnet on July 28th, 2020.The current REP token will be renamed, and upon the launch of Augur v2, the company will introduce a new coin as well.Augur v2 Arrives In Late JulyAs CryptoPotato reported in January this year, the veteran blockchain firm planned to introduce its second version later in 2020. The statement outlined several notable changes in the operational process. Those...
Read More »Gold-Betrug in China zeigt das Bitcoin auch gegenüber Gold Vorteile hat
Gold ist das traditionelle Asset zum Schutz vor Inflation. Als Bitcoin auf der Bildfläche erschien und dieselbe Marktnische belegen wollte, waren es daher vor allem Finanzexperten mit starkem Engagement im Goldsektor, die den BTC kritisch sahen. Nun zeigt sich jedoch, dass der BTC selbst gegenüber Gold Vorteile besitzt.Bitcoin News: Gold-Betrug in China zeigt das Bitcoin auch gegenüber Gold Vorteile hatIn China ist ein Gold-Betrug in Höhe von 2,82 Milliarden US-Dollar aufgeflogen. Eine Leihe...
Read More »Ripple Price Analysis: Can The Bulls Prevent XRP From Slipping Towards $0.15?
XRP saw a sharp 6% price drop over the past week as the bulls battle to defend $0.175.A break beneath $0.175 would result in XRP unwinding toward the $0.15 level.Against Bitcoin, the disaster continues as it created fresh lows beneath 1950 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.165.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1900 SAT, 1890 SAT, 1873 SATResistance: 1950 SAT, 2000 SAT, 2070 SAT.XRP/USD: Buyers Battling To Defend .5 Fib RetracementXRP...
Read More »Altcoin Season on Wall Street Booms: Wirecard AG Stock Up 700% In 5 Days
Despite the German-based online payment processor Wirecard filing for insolvency last week, its stock price has surged by 700% in merely a few days. WDI plunged to a bit over 1 EUR and jumped to above 9 EUR earlier today following positive news from the UK’s regulator.Wirecard AG’s Stock Price Roller-CosterThe company’s drama began a few weeks ago as its decade-long auditor Ernst & Young was unable to locate 1.9 billion EUR ($2.1bn) in company funds. Shortly after, long-time CEO Markus...
Read More »BitMEX Operator Appoints Financial Expert Dr. David Wong As Non-Executive Chairman
HDR Global Trading Limited (HDR), the operator of the cryptocurrency derivatives trading platform BitMEX, announced today that financial expert Dr. David Wong has joined the company as a non-executive chairman.Joining HDR will see Dr. Wong working alongside three other board members, including co-founder and CEO Arthur Hayes, co-founder Ben Delo, and co-founder and CTO Samuel Reed.30 Years Of Financial ExperiencePer the release shared with CryptoPotato, Wong is a recognized industry leader...
Read More »Police In Spain Tracks Down Alleged Child Porn Organization Using Bitcoin Transactions
The Spanish Civil Guard arrested multiple people across the country who are allegedly involved in the distribution of child pornography. It was an international investigation on a dark-web case where people used cryptocurrency to pay for illegal content.Scheme Busted Through Cryptocurrency PaymentsAccording to a recent report, police in Spain had detected the alleged criminals by following cryptocurrency payments of users who entered the child porn web platforms. In a few operations,...
Read More »Crypto.com And TenX Resume Crypto Card Issuance As UK FCA Lifts Wirecard UK Restrictions
The UK Financial Conduct Authority (FCA) has allowed Wirecard UK to resume payment services. Consequently, the companies handling cryptocurrency debit cards resumed their issuance.Wirecard UK Resumes Regulated ActivityFollowing the missing $2.1 billion of company funds and Wirecard filing for insolvency, the UK FCA, which authorizes and supervises its subsidiary Wirecard Card Solutions, suspended all regulated activities last week.UK’s watchdog argued that the primary objective of these...
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