Crypto news

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...

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. [embedded content] 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....