Crypto news

2019 has been a very interesting year for the stock market. While it has had its ups and downs as should be normally expected, it’s performed quite impressively regardless of certain issues. One of the most popular issues that have affected the stock market and the economy at large is the trade war between the U.S. and China that has been going on for a while now. Both countries have repeatedly slammed each other with tariffs that have had significant effects on both economies. However, both...

Tezos dropped by almost 8% over the past 5 days, bringing the price down to the $1.64 level.The cryptocurrency remains strong against BTC as it attempts to break the 0.00025 resistance.Tezos remains the strongest performing major altcoin over the past month and it got listed on Bittrex.Key Support & Resistance LevelsXTZ/USDSupport:  $1.64, $1.54, $1.42..Resistance: $1.74, $1.85, $1.99.XTZ/BTC:Support: 0.0002275 BTC, 0.00021 BTC, 0.00020 BTC.Resistance:  0.00025 BTC, 0.0002624 BTC,...

Ola Cabs, an Indian transportation network company that provides peer-to-peer ridesharing, ride service hailing, taxi, and food delivery and serves more than 125 million drivers across 250 cities, is continuing its global expansion. The company has already expanded to Australia and New Zealand. In 2018, it started operating in the UK, across South Wales and the South West of England. In 2020, Ola is set to launch in London.Amid this launch, Ola has already signed up 10,000 drivers in London....

Ethereum fell by a steep 7% this past day, causing it to break below the previous range-bound condition.ETH slipped beneath a symmetrical triangle against BTC as it tumbled below 0.02 BTC.The cryptocurrency has now lost a steep 30% this past month.Key Support & Resistance LevelsETH/USDSupport:  $145, $138.80, $133.50Resistance: $152, $158.60, $165, $170.ETH/BTC:Support: 0.0196 BTC, 0.019 BTC, 0.0184 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: ETH Creates Fresh...

Today Bitcoin endured another fall, tumbling to the price level at $6,700 and drawing closer to the price level at $6,600.The cryptocurrency of the first choice has arrived at just $6,670.37 today, the most reduced level since late November. Now, the digital money has declined by over half from its 2019 high, as in June on the level at $13,879.21.Bitcoin continued a consistent descending pattern for a considerable length of time, during which time it exchanged to a descending channel.After...

American financial services and holding company State Street Corporation has announced a new partnership with the Gemini crypto exchange and custodian firm, to test a new product that will perform reporting scenarios on digital assets held in custody with Gemini.According to the official State Street press release, the trial is the first of its kind and will first report on custody held on only two digital assets, citing issues with liquidity. The plan, however, is that the pilot will later...

Gestern hat Messari Research seinen neuen Crypto Bericht 2020 veröffentlicht. In ihm werden 120 Thesen aufgestellt, Leute vorgestellt und interessante Vorhersagen präsentiert. Bitcoin und Ethereum sind in dem Bericht auch für das kommende Jahr die heißesten Trends.Crypto News: Crypto Hot Trends 2020Der Bericht heißt offiziell “Crypto Theses for 2020 – Messari Research“ und findet sich auf Messari.io.WOAH (as @APompliano would say)I just published my most ambitious piece in the ~7 years I’ve...

In what has been seen by many in the crypto space as a win, the open interest of the Bitcoin futures platform Bakkt has reached new all-time highs. Sources indicate that this occurred yesterday and that this shows fresh inflows from new entrants into the Bitcoin marketplace. Twitter’s BakktBot has further put the open interest at $7.02 million which shows strong trading activity on the Intercontinental Exchange-managed platform and also greater liquidity within the Bitcoin futures market in...

Cryptocurrency companies and services based in the EU have less than a month to adjust their business operations to comply with a new set of rules. As of January 10th, The Fifth Anti-Money Laundering Directive (5AMLD) will be in effect, requiring KYC, and monitoring all transactions.5AMLD In Action From JanuaryRegulators across the world have struggled with putting cryptocurrencies within a certain legislative framework. The European Union is on its way to put in effect an updated legislation...

During the early trade on Tuesday, December 17, pound sterling fell more than 1% as several media reports suggested that U.K. Prime Minister Boris Johnson pledged to not delay the Brexit transition period by the end of 2020.As per the Bloomberg report, Johnson’s planned legislation will have a legal text that prevents the British government from further delaying the day when Britain disconnects itself from the EU laws, even if no new trade terms are secured in the stipulated time period.As...