Crypto news

A day after the Indian Supreme Court removed the ban on cryptocurrency usage, the interest in the country has been spiking. While the nation prepares for the following steps, the leading Indian cryptocurrency projects, such as Matic Network and WazirX, are already feeling the positive effects.Removes The Negative Sentiment Amongst The Average IndianThe Reserve Bank of India (RBI) placed a prohibition on cryptocurrency usage back in 2018. After almost two years of suppression, however, the...

To combat the pandemic-like situation with coronavirus spread, the Trump administration has ordered 35 million monthly N95 face masks from industrial giant 3M. The company has ramped up the production. 3M (NYSE: MMM) stock is up.The concerns of the coronavirus spread are rising every-single-day and the U.S. doesn’t seem to be prepared. On Wednesday, the Department of Health and Human Services clarified that the U.S. has only about 1% and not 10% of the N95 respirator masks. Such a situation...

Over the past days, we see a positive correlation between Wall Street and Bitcoin. Just a few hours after Wall Street closed its trading day in decent 3-4% gains across all major indexes, the primary cryptocurrency had gone through the same increase.As of writing these lines, Bitcoin price had reached a daily high of nearly $9,000 ($8960 on Bitstamp). This level is also the weekly high from Monday.As of now, Bitcoin is trading slightly below the benchmark level, but safely above the crucial...

Litecoin price declined below the $60.00 level before it found support near $56.00 against the US Dollar.LTC price is currently correcting higher above $60.00, but it is facing a lot of hurdles.There is a major declining channel is forming with resistance near $61.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either rally towards the $68.00 level or it might restart its decline below $58.00.Litecoin price is trading near a major breakout zone against the...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 827. Heute sprechen wir über folgende Themen: Positives Bitcoin Urteil in Indien, Finanzmarktaufsicht warnt vor BitMEX & BaFin geht wieder gegen Aufsteller von Bitcoin-Geldautomaten vor. 1.) Indiens Oberster Gerichtshof hat gerade ein extrem positives Urteil für Bitcoin gefällthttps://coincierge.de/2020/indiens-oberster-gerichtshof-hat-gerade-ein-extrem-positives-urteil-fuer-bitcoin-gefaellt/...

The Better Business Bureau (BBB) is taking aim at cryptocurrency.The BBB Says to Watch Out for Crypto ScamsTo be specific, it is taking aim at cryptocurrency scams, which the company states are more prominent than ever. According to a statement issued by the organization, crypto scams are the second riskiest illicit ventures from late 2019 and on.One of the tasks set forth by the BBB is to report employment scams. This remains in the top spot and the thing that American workers should be the...

Following recent price volatility, Chainlink (LINK) facing tough resistance around $4.9.While Bitcoin remains steady, the price of Chainlink has continued to surge over the past days.The bullish sentiment may end soon if Link doesn’t break above $5LINK-USD: Trapped In a Key Resistance AreaKey Resistance Levels: $4.9 – $5, $5.5Key Support Levels: $4.4, $3.8Two days ago, we mentioned the possible bullish momentum after spotting a head-and-shoulders pattern that was formed on the 4-hours chart....

Bitcoin is a complicated asset, but nothing appears more complicated about bitcoin than what category it should fall into.So, What IS Bitcoin, Exactly?Everywhere you look, attorneys, regulators and other members of the crypto and financial spectrums are wondering how bitcoin should be classified. Is it a currency? It is in the sense that it can be used to purchase goods and services. The trouble is that this practice is not mainstream enough yet to really get the “currency” aspect of bitcoin...

The price of XRP has been impressive this year. However, some fear is setting in as large transactions are recorded on the XRP Ledger.Members of the XRP and Ripple community are optimistic that 2020 will be a much better year for the asset than 2019 was. Last year, XRP did not sail very smoothly and compared to other assets atop the list of the market’s largest players, it was disappointing. However, if the first two months of the year are significantly considered, XRP might have an...

After recently writing that bitcoin – as well as other assets – were potentially back on track and pulling themselves out of the doldrums, the Fed has decided to slash rates as a means of combating negative market effects from the coronavirus, resulting in further drops for both the world’s leading cryptocurrency by market cap and for various stocks.Bitcoin Now Has New Reasons for SufferingThis seems to be a running theme over the past few weeks. Bitcoin rises and falls, as do the stocks....