Amid lockdowns prompted by the spread of the novel coronavirus, Russian citizens have withdrawn more cash from banks and ATMs since the start of March, than they did in the whole of 2019. A report reasoned that people are afraid that banks may not function during the quarantine. For Russians, Cash Is Still King According to a recent report, Russians withdrew about 1 trillion rubles ($13.6b) from cash machines and bank branches since the start of March. This is more than the total amount...
Read More »Ethereum Price Analysis: $200 Will Have To Wait As ETH Dropped From An Important Resistance
Ethereum saw a small 2.6% price fall today as the cryptocurrency drops into the $175 region. Before this, ETH managed to increase by a total of 16.8% over the past week as it reached an April high of $190. Against Bitcoin, Ethereum also created a fresh high for April around the 0.026 BTC level. Key Support & Resistance Levels ETH/USD:Support: $175, $171, $165.Resistance: $180, $188, $194.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.0259 BTC, 0.0263 BTC, 0.027 BTC....
Read More »PayPal sperrt mitten im Lockdown Kundenkonto mit 3’000 US-Dollar für 180 Tage
Wie ein User auf Reddit schreibt, wurde sein Geschäftskonto bei PayPal mit dem Guthaben von 3’000 willkürlich und ohne Angabe von Gründen für 180 Tage gesperrt. Dies sei umso tragischer, da dies mitten im globalen Lockdown passiere und viele Menschen mit Geldnot zu kämpfen haben. Ob diese Geschichte stimmt, ist nicht bewiesen. Aber der Vorgang und die Schilderungen scheinen in sich stimmig zu sein. Wie der empörte PayPal-Kunde schreibt, sei sein PayPal-Account vollständig...
Read More »First SFC-Approved Bitcoin Fund in Hong Kong Targets $100 Million In Assets Under Management
An Asian asset management company has successfully cleared licensing conditions with Honk Kong’s Securities and Futures Commission regarding a Bitcoin fund. It now aims to surpass $100 million in assets under management (AUM) in its first year. The First Regulated Bitcoin Fund in Hong Kong Venture Smart Asia is an Asian asset management company, and its blockchain arm, Arrano Capital, became the first asset manager to successfully clear licensing conditions with the Securities and Futures...
Read More »BitMEX Donates $2.5 Million To Bill Gates’ Foundation And Others To Help Against COVID-19
HDR Global Trading Limited, the owner of leading derivatives platform and crypto exchange, BitMEX, has announced its support in the fight against the novel Coronavirus (COVID-19) pandemic through a COVID-19 Response Fund that is worth millions. As of Monday morning, April 20, the number of confirmed cases of the pandemic across the world has reached 2,414,098 with 165,153 deaths. The figures continue to surge as researchers and scientists are still struggling to solve the COVID-19 challenge...
Read More »14 Chinese Men Arrested Near Singapore For Operating A Cryptocurrency Scam
Another cryptocurrency-related scam led to the arrest of 14 Chinese men near Singapore. By impersonating successful investors, the perpetrators tricked victims using chat groups in popular Chinese messaging apps into sending them digital assets. 14 Chinese Men Arrested For A Crypto Scam According to a recent local report, the Chinese men conducted the fraudulent operation for at least two months. Authorities were surveilling the group for the past several weeks. They made the arrests On...
Read More »Stellar Lumen (XLM) Price Surging and Primed To Test $0.06
Stellar lumen price is currently gaining bullish momentum above the $0.0500 resistance area against the US Dollar.XLM price is likely to accelerate gains above the $0.0520 and $0.0550 resistance levels.There was a break above a major bearish trend line with resistance near $0.0490 on the 4-hours chart (data feed via Kraken).The pair is showing a lot of bullish signs above the $0.0500 support and the 55 simple moving average (4-hours).Stellar lumen price is trading in a strong uptrend against...
Read More »#864 Ethereum DeFi Hack 25 Millionen, 3 Anzeichen für Absturz von BTC & Bitcoin Kurzfilm
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 864. Heute sprechen wir über folgende Themen: 25 Millionen Ethereum DeFi Hack bei Lendf und dForce, Drei Anzeichen für einen bevorstehenden Absturz von Bitcoin & Bitcoin Kurzfilm. [embedded content] 1.) Ethereum DeFi Hack bei Lendf und dForce – 25 Mio. USD in ETH und BTC weghttps://cryptomonday.de/ethereum-defi-hack-bei-lendf-und-dforce-25-mio-usd-in-eth-und-btc-weg/ 2.) Drei Anzeichen für einen bevorstehenden Absturz von...
Read More »Ripple Price Analysis: Bulls Aim More Upsides Above $0.20
Ripple price is currently trading in a positive zone above the $0.1880 support area against the US dollar.The price is likely to resume its rise above the $0.1965 and $0.1985 resistance levels.There was a break above a major declining channel with resistance near $0.1905 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is consolidating in a range and likely setting up for a break above the $0.2000 resistance.Ripple price is trading in a bullish zone above $0.1880...
Read More »Opinion: Fed President Calls On Banks to Cancel Dividends, Is It Time for Cryptocurrencies?
Minneapolis Federal Reserve President Neel Kashkari wrote Thursday that banks should cancel dividends and sell shares to raise cash. Kashkari said these measures would be necessary to create a cash buffer going into a potentially drawn-out recession. Because should the banks fail to have enough cash on hand, a wave of defaults could trigger a financial crisis. Kashkari wrote: “The most patriotic thing they could do today would be to stop paying dividends and raise equity capital, to ensure...
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