Crypto news

After reaching $0.03 mark yesterday, ZIL for support around $0.024 and bounced back.Zilliqa’s parabolic move looks strong, but it’s maintaining higher highs and higher lows on the 4-hours time frame.ZIL/USD: Zilliqa Bouncing BackKey Resistance Levels: $0.03, $0.032, $0.034Key Support Levels: $0.024, $0.0226, $0.0198ZIL/USD. Source: TradingViewZilliqa saw an impressive performance since May following a 66% increase over the last seven days. This surge started after a slow push above $0.005...

According to recent reports, the Ministry of Finance in India has proposed to ban digital assets. The move comes only three months after the nation’s Supreme Court revoked a two-year-old ban.India Changes Its Mind On Crypto (Again)?A local report from today informed that India’s Ministry of Finance had moved a note for inter-ministerial consultations. After the consultations, it will reach the cabinet and subsequently, the Parliament.Should it be successfully implemented, it could effectively...

The Vanguard Group, one of the world’s largest index fund management companies, has completed the first phase of a blockchain pilot designed to digitize the issuance of asset-backed securities (ABS).Vanguard Employs BlockchainAccording to the recent announcement, the American investment company managing $5.7 trillion as of April 30, 2020, has partnered with the New York-based blockchain firm Symbiont. Other project associates include a large US ABS issuer, BNY Mellon, Citi, and State...

Recap of June 11, 2020: Bitcoin price touched nearly $10K as the daily high, and just a few hours later, the price plunged to almost $9K ($9078 on Bitstamp) as the daily low.In our previous price analysis reports from the past days, we anticipated a huge move. This is from yesterday’s analysis: “Bitcoin’s mid-term symmetrical triangle is coming to its apex, and a decision is soon to be made.”As Bitcoin couldn’t breach the $10,000 for maybe the sixth attempt since May 7, and together with the...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 902. Heute sprechen wir über folgende Themen: 500 Estland Krypto Firmen verlieren Lizenz, Quadriga Exchange war ein Ponzi & DeFi zeigt exponentielles Wachstum. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – Erhalte 35 Euro für dein kostenloses deutsches Konto inkl. Debit Masterkarte und Bitcoin Wallet – https://bit.ly/Bitwala-Banking 1.) 500 Estonian Crypto Companies Lose Permits After...

Bitcoin cash price declined sharply after it failed to clear the $260 resistance against the US Dollar.The price is down more than 5% and it broke the key $245 support zone.There was a break below a crucial bullish trend line with support near $252 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is currently correcting higher, but upsides are likely to remain capped near $245.Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar....

Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...

Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230.The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far.Against Bitcoin, Ethereum struggles at the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $235, $225, $215.Resistance: $250, $265, $274.ETH/BTC:Support: 0.0245 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0265 BTC.ETH/USD: Ethereum Losing Battle At...

One of the big worries surrounding the growth of the crypto space is that there is allegedly a lack of institutional investors, but according to the latest data from Fidelity Investments, this may not necessarily be the case.Fidelity: Most Institutional Investors Own Digital CurrencyAccording to the financial firm, roughly 36 percent of institutional players own crypto investments, and most of them own bitcoin, which remains the most popular digital currency. It is widely stated by...

Electric Coin Company (ECC), which oversees the development of Zcash (ZEC), has released the source code for shielded-only iOS and Android wallets.ECC announced the publication of the open-source code on Twitter on June 10. While the release does not come in the form of ready-built wallet applications for iOS or Android, it gives developers the free tools to build their apps.ECC Releases Open-Source Shielded Wallet CodeThe ECC team posted its open-source code to Github on June 10. The team...