Crypto news

XRP saw a strong 13.5% price increase this week as the coin pushes above $0.22The cryptocurrency faces resistance at $0.228, where lies the 200-days EMA.Against Bitcoin, XRP as struggling toward the end of April after creating a fresh monthly low at 2400 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.217, $0.21, $0.208.Resistance: $0.228, $0.24, $0.245.XRP/BTC:Support: 2700 SAT, 2680 SAT, 2620 SAT.Resistance: 2750 SAT, 2800 SAT, 2850 SAT.XRP/USD: Ripple Must Break 200-days EMA To...

E-commerce stores saw a 50% increase in bitcoin-based purchases of cannabis and video games during the pandemic lockdown. Coronavirus has revealed people’s priorities, as general digital product sales take a fall. Bitcoin, stoners and gamers–the holy trinity of overlapping essentials amid this lockdown? Stoners and gamers have turned to Bitcoin during the coronavirus lockdown, as web-based sales of both ‘essentials’ increased during the pandemic. Revenue for video game and cannabis sales...

Auf Twitter meldete sich ein Investment Manager und gab bekannt, dass seine Kunden Interesse am Bitcoin verlieren, nachdem sie mit ihren JP Morgan und Goldman Sachs Beratern gesprochen haben. Er glaubt, die beiden Investmentbankern raten ihren Kunden davon ab, in den BTC-Markt einzusteigen.Bitcoin News: JP Morgan und Goldman Sachs raten Kunden von Bitcoin Kauf abHierbei handelt es sich um Adam Pokonicky, der Partner der Investment-Management Firma für Digitale Assets (DAIM) ist:I have a...

Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month.Tether Mints 1.6B USDT in April.From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion.Tether minted 480 million USDT tokens in...

This past week was a blessing for the price of Bitcoin. The primary cryptocurrency was trading around $7500 just a week ago, while the highest of the past week reached over $9400.Only ten days left until the anticipated Bitcoin halving event, and so far, it seems like BTC fires its engines. As of writing these lines, the coin is safely maintaining the $8800 price zone.If we look at the macro level, since breaking out from the $7800 – $8000 region, a zone which was consisted of some...

Requirements of governments to undergo verification procedures KYCAML play into the hands of a variety of criminal groups. Today, ordinary criminals has become high-tech gangsters and extortionists often team up with hackers and gain access to users personal and financial information. Using a blockchain analyzer, it will not be difficult for a professional hacker to indicate your cryptocurrency wallets that will lead him to your email address and real physical location. Then...

The majority of participants in a recent poll support some forms of cryptocurrency taxation. Contrary, 20% are against, outlining that current laws are not functioning accordingly to cope with the rising role of digital assets in the modern online world.66% Support Crypto TaxationThe topic of taxation in the cryptocurrency scene has been openly discussed for years without a definitive and precise solution. The divided evaluations are spread among countries but also digital asset investors.A...

The cryptocurrency space has added a whopping $35 billion to its overall market cap thanks, in part, to bitcoin surging well beyond the $8,000 mark.The Crypto Market Owes Its Gains to BitcoinWhat’s even more impressive is that during yesterday’s early morning hours, the number one cryptocurrency by market cap surged into the low $9,000 range, which means that its present price is something of a correction or a “settling” at something lesser. Still, the market is in extraordinary shape...

The halving is set to occur in the next 11 days, and bitcoin analysts and enthusiasts are waiting with bated breath. They’re excited and eager to see what’s going to happen with the world’s number one cryptocurrency by market cap.The Bitcoin Halving Is Setting the StageDanny Scott – co founder and chief executive of crypto exchange Coin Corner – explained in an interview on Thursday:Coming up in 12 days is the bitcoin halving – which in short cuts the supply of bitcoins coming into...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is continuing its bullish behavior and getting even closer to the $10,000 mark it enjoyed last February. At press time, the asset is trading for a whopping $8,850, though it briefly sailed past the $9,000 mark early yesterday morning.Bitcoin Is Getting Bigger and BiggerThe currency is setting new boundaries for itself after the U.S. has agreed to several new aid packages for both workers and businesses...