Crypto news

Bitcoin usage is booming in India, giving rise to many thoughts and ideas about the future of its price.India Loves BTC, All of a SuddenBoth bitcoin and India are in huge positions to help each other out. Right now, bitcoin has entered another bearish phase that has caused it to lose as much as $600 off its price in just a few days, while India – much like the rest of the world – is on lockdown due to the coronavirus, and has experienced a shortage of cash as its economy continues to...

Bitcoin has taken another turn for the worse. Over the weekend, the currency was trading in the $6,900 range, but now it’s fallen even further to $6,700. So, what could be the big problem? What’s got bitcoin turning sideways while it sleeps?Bitcoin Loses Another $200It’s hard to pinpoint exactly what’s going on with the price considering so many crypto and financial experts say that people are returning to bitcoin and purchasing new assets for their digital coin stashes. Right now, as the...

Binance Coin surged 5% to reach a current daily high of $15.1 but facing strong resistance around that area.Against Bitcoin, BNB reached 0.0022 BTC after breaking a four-week high todayThe price action is looking bullish on the 4-hours chart, but BNB remained neutral since the wedge breakout against the US DollarBNB/USD: BNB Remains IndecisiveKey Resistance Levels: $15.1, $15.5, $16Key Support Levels: $13.47, $12, $11.2BNB/USD. Source: TradingViewFollowing the latest drop in Bitcoin’s price,...

Tezos Southeast Asia (TSA) is partnering with the Association of Chartered Certified Accountants (ACCA) to employ the Tezos blockchain for accounting services. The two associations will explore different utilizations, including mass education initiatives on the fundamentals of blockchain technology.The Tezos Blockchain In AccountingThe Singapore-based branch of Tezos announced the news earlier today in a press release. By signing a Memorandum of Understanding (MoU), TSA and ACCA have agreed...

Tezos Southeast Asia (TSA) is partnering with the Association of Chartered Certified Accountants (ACCA) to employ the Tezos blockchain for accounting services. The two associations will explore different utilizations, including mass education initiatives on the fundamentals of blockchain technology.The Tezos Blockchain In AccountingBased in Singapore, Tezos Southeast Asia announced the news earlier today in a press release. By signing a Memorandum of Understanding (MoU), TSA and ACCA have...

New regulations for cryptocurrencies are in the making in the EU. Lawmakers are considering creating a new regulatory body after the parliament has published a paper pointing out some legislative “blind spots” concerning the supervision of crypto assets in the European Union.Lawmakers Say Crypto Mining Might Be Used for Money LaunderingIt’s a bit of a throwback to December 2019 when The Fifth Anti-Money Laundering Directive (5AMLD) – an updated legislation version, was announced. The updated...

Ethereum saw a 3% price decline over the past 24 hours of trading as the cryptocurrency drops into the $150 level.ETH was previously struggling at the 100-days EMA at around $175, which caused it to fall.Against Bitcoin, the bulls are battling to keep the cryptocurrency above 0.0229 BTC support.Key Support & Resistance LevelsETH/USD:Support: $144, $140, $130.Resistance: $165, $170, $180.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.023 BTC, 0.0239 BTC, 0.0247...

Future victims of the crew behind the Sodinokibi Ransomware will have to pay with Monero, instead of Bitcoin, the group announced. They noted that combining the privacy coin with TOR will make the payments almost impossible to trace.Hacker Group Replaces BTC With XMRThe infamous group behind the Sodinokibi Ransomware is now accepting the privacy coin Monero as a primary payment method instead of Bitcoin. According to a recent report, the crew believes that utilizing XRM will make it harder...

It appears that banks are quickly adapting their policies to the current darkening economic outlook. In the US, the country’s fourth-largest lender – JP Morgan, is raising its mortgage borrowing standards as a response to the situation.JP Morgan Raising Mortgage Borrowing StandardsBorrowing money against a mortgage will be harder for US citizens starting tomorrow, April 14th. This became clear as the country’s fourth-largest lender, JP Morgan, was reported to increase its mortgage borrowing...

[PRESS RELEASE – Please read the disclaimer below]Bityard, the world’s leading digital contract trading platform, has officially launched. According to sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions. At Bityard, our ambition is to foster research and development of relevant forward-looking technology, overseas market expansion, and ecological construction of...