Crypto news

All technical indicators convinced commentators that Ripple’s XRP has taken on a bullish path after the Supreme Court of India reversed a bitcoin ban imposed by Reserve Bank of the country.Currently, Ripple‘s XRP is following a bullish path that has formed above the $0.2320 support zone. It attempted to break the $0.2380 resistance level, but it failed. For now, the XRP price has corrected lower below the $0.2350 handle and the 100-hourly simple moving average (SMA). A low has now formed near...

Inovio(INO) stock is enjoying the rally as it put on almost 8% weight days after it announced that it will be speeding up plans for its coronavirus (COVID-19) vaccine.There are a few biotech companies currently working on treating the new coronavirus COVID-19 strain. For these companies right now, nothing is more important than giving the world a solution to either treat or prevent new cases of the virus, via a vaccine. While there is considerable progress being made by these firms, Inovio...

In the past month, it seems the Ultranet has become the most talked-about project in crypto. It all started when a mysterious paper by an anonymous author calling herself “sarah c0nn0r” appeared on reddit describing a highly-sophisticated design for a marketplace that is fully decentralized, private, and “censorship-resistant.” The marketplace, the paper promised, would be one where listings can’t be taken down or censored, where all transactions and messages are end-to-end encrypted, and...

Moderna (MRNA) stock has fallen since the last week’s announcement of a possible vaccine for COVID-19. Its CEO has indicated that the prices for the coronavirus vaccine will be affordable.Moderna Inc (NASDAQ: MRNA) stock remained low. It lost 1.5% yesterday and today in the premarket it is nearly 4% down. This comes as the CEO of the biotech startup has indicated that the company’s COVID-19 vaccine will be affordable. Sources report that Stephane Bancel said that the price will be within the...

Chiliz (CHZ) and Chainlink will cooperate on the facilitation of real-time automated mint of non-fungible tokens for their partners like FC Barcelona.Through a medium post on March 4, Chiliz (CHZ) announced it will be integrating its services with Chainlink. According to the post, the integration will facilitate Chiliz to mint the Non-Fungible-Tokens (NFTs) for partner clubs like FC Barcelona on their fan voting and also the rewards app in real-time. This will be enabled by the raw data which...

The $50 billion aid package offered by IMF is aimed at strengthening weak health institutions in the countries with emerging economies amid the coronavirus outbreak among other things.The IMF $50 billion aid package is intended to fight the coronavirus. This comes as countries are still spinning from the effects of the outbreak. For most of the developing countries, their responses to the epidemic seem to have been hindered by one thing only: money.Sources indicate that the Managing Director...

South Korea is following in the footsteps of India in terms of legalizing cryptocurrency trading and holding after passing a new amendment a few hours ago. From now on, digital assets are entirely legal in the East Asian nation.Cryptocurrencies Now Legal In South KoreaCryptocurrency trading is now entirely into the legal system for the South Korean government, according to a local report. To receive this outcome, the National Assembly amended the Act on Reporting and Use of Specific Financial...

Tezos increased by a substantial 15% over the past 24 hours of trading, as XTZ cryptocurrency hit $3.30.The coin found support at the 0.5 Fib Retracement level and then rebounded by around 30% over the past four days.Tezos’ current 2020 high against bitcoin is at 0.0004073 (Binance). Tezos is the top 10 crypto project by market cap, with a market cap of $2.27 billion.Key Support & Resistance LevelsXTZ/USD:Support: $3.14, $3.00, $2.80.Resistance: $3.52, $3.65, $3.80.XTZ/BTC:Support:...

Tesla Model 3 cars underperformed customers’ expectations. According to buyers, the hardware in Model 3 vehicles was the 2.5 version as opposed to the 3.0 version the company promised. Tesla (TSLA) stock was up on Wednesday.Tesla Inc (NASDAQ: TSLA) stock is like a balance-wheel. A couple of weeks ago, shares were beating their own records several times. Then, as coronavirus was gathering speed and scale, TSLA stock plunged. Now, Tesla (TSLA) stock rises again.On Wednesday, Tesla shares ended...

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...