Crypto news

Sudden bearish action is causing FUD in the market If ETH reclaims $180, buyers are likely to gain more control. The bullish trend is on hold for now amidst major correction.ETH/USD: Sudden Correction Still Causing Panic For BuyersKey Support Levels: $159, $147, $136Key Resistance Levels: $177, $188, $200Against USD, Ethereum’s price saw massive growth over the last couple of weeks. At the time of writing, ETH is priced at around $168, with approximately 2.68% gains over the last...

The Australian Prudential Regulation Authority (APRA) has reportedly submitted a framework to oversee digital wallets holding large amounts of value. If approved, it would also include Facebook’s controversial stablecoin, Libra, and its digital wallet – Calibra.APRA To Oversee Calibra?Upon its announcement, Facebook’s Libra quickly attracted the attention of watchdogs. The social media mogul also created a blockchain-based digital wallet called Calibra, that would store and move the future...

South Korea’s Ministry of Economy and Finance has started to review the crypto regulation in the country. In particular, they are reviewing a crypto taxation plan. As South Korea’s Yonhap News Agency has reported, the Korean finance ministry may introduce a 20% tax on crypto gains.Until now, the authorities considered profiting from digital assets as capital gains, and the tax law in South Korea did not see cryptocurrency trading profits as taxable income. However, with the regulatory rule...

As the world remains in crisis over the recent conflicts between the U.S. and Iran, looking at Bitcoin price, we can say that the major cryptocurrencies experiences one of the best weeks in recent years.Bitcoin Trading Volumes through the Roof in 2020Bitcoin has been around for a while and has seen its ups and downs, leaving the public constantly questioning the direction this popular cryptocurrency will go next. We have seen incredible spikes in value as well as quick drops, which has left...

Tron price is trading in a bullish zone above the $0.0160 support area against the US Dollar.TRX price recently tested the $0.0180 resistance area before correcting lower.There is a major bullish trend line forming with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The current price action is positive, suggesting more upsides above $0.0170 in the near term.TRON price is showing a lot of positive signs against the US Dollar, similar to bitcoin. TRX price is likely to...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 795. Heute sprechen wir über folgende Themen: Bitcoin Mining fährt fünf Milliarden US-Dollar ein, Ethereum durch DEFI zu 1 Billion Marktkapitalisierung & Maduro startet Petro Krypto Casino. 1.) Bitcoin Mining fährt fünf Milliarden US-Dollar einhttps://www.btc-echo.de/bitcoin-mining-faehrt-fuenf-milliarden-us-dollar-ein/ 2.) Ethereum kann durch DeFi eine Billionen Dollar Marktkapitalisierung...

Ethereum price corrected lower recently and traded below the $170 support against the US Dollar.ETH price is currently trading above the key $161 and $159 support levels.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to start a fresh increase as long as it is above the $160 support.Ethereum price is trading in a strong uptrend above $160 against the US Dollar. ETH/USD is likely to revisit $178 and $180...

Sports and blockchain technology have gotten along quite well in the past few years, and the latest evidence shows how much that relationship has matured. The Sacramento Kings basketball team is working with ConsenSys to launch a new blockchain-based auction platform that will allow it to sell retired jerseys on the Ethereum network.The Kings and Ethereum: A Perfect Match?The partnership will permit individuals to “live-bid” on retired jerseys. The maneuver is designed to fight fraud and...

Tezos is resurging as the bearish head-and-pattern may invalidate.Tezos is following the same bullish pattern against Bitcoin and the US Dollar.XTZ is now relying on immediate support to face bullish in the long-term.XTZ/USD: Bullish Pattern Still Shaky as XTZ Forms Inverse H&S PatternKey Support Levels: $1.24, $1.08Key Resistance Levels: $1.55, $1.85Earlier this month, Tezos managed to find support at $1.24 after falling from the $1.85 mark in December 2019.Following the recent recovery,...

Mike Novogratz of Galaxy Digital is skeptical of the sudden altcoin rally that crypto enthusiasts have been witnessing over the past several days.Mike Novogratz: What the Heck Is Going On?A wide variety of cryptocurrencies – including Ethereum (ETH), Ripple’s XRP and bitcoin SV (BSV) – have all jumped over the past week, with bitcoin SV surging by as much as 99 percent. This likely stemmed from the news that Craig Wright was cooperating in the lawsuit against him by Ira Kleiman, who claimed...