Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar.The price is likely to clear the $7,560 and $7,600 resistances to continue higher.There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could rally once...Read More
Blockchain companies flock to Switzerland for its favorable outlook towrad cryptocurrency. Recently, Switzerland’s Crypto Valley Association released a paper providing a framework for asset tokenization under Swiss law. We decided to take a deep dive. The paper addresses legal and technical questions around the tokenization of assets, providing guidance to entrepreneurs looking to issue digital...Read More
The Internal Revenue Service (IRS) of the US has long been trying to figure out the best way to single out and tax cryptocurrency holders. The authority has issued a new draft form which aims to obtain essential information regarding the acquisition, exchange, and sale of Bitcoin and other virtual assets. Do You Own Any...Read More
The total crypto market cap is slowly rising and it is currently near the $200.0B resistance.Bitcoin price is up close to 2% and it is now trading above the $7,500 resistance.Litecoin (LTC) price is now trading above $45.00, but it is still facing a lot of hurdles.Bitcoin cash price is climbing higher towards the key...Read More
Following a little momentum last week Bitcoin spent most of the weekend consolidating. It has been pretty flat for the past fortnight and analysts are now considering the unpopular premise of a final capitulation approaching which would mirror movements from this time last year.Bitcoin Bulls and Bears PoisedCrypto markets were lifted on Friday which resulted...Read More
Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar.The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels.There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is approaching the $152...Read More
American cryptocurrency holders are all too aware of what the IRS aims to achieve. In a new form sent to recipients, the agency is trying to dig deeper into people’s crypto past. It is pertinent for US cryptocurrency users to report their holdings, earnings, and losses to the IRS. The IRS is at it Once...Read More
The weekend has seen marginal gains for most crypto assets as total market capitalization claws back above $200 billion. Tezos has been the clear leader in terms of performance though as it tops $1 billion market cap and closes in on a top ten position.Tezos Outperforming Crypto MarketsThe good news is that there has been...Read More
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar.The price is likely to rally significantly once there is a clear break above $152.There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).The price could dip a few points,...Read More
Most technology-related news coming out of Russia will not be positive. New research confirms access to Moscow’s surveillance system can be purchased for very little money. The things one can buy on online forums and messenger groups are absolutely astonishing, but not in a positive manner. Making Extra Money in Russia It turns out anyone...Read More
Block.one, the parent company behind EOS, announced a launch date for its social network Voice. The company plans to launch a beta version of Voice on Feb. 14, 2020. The announcement also indicates that “tens of thousands” of users have already signed up over the past several months. Voice has additionally published a new FAQ...Read More
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. Also read: Crypto Startups to Get up to...Read More
If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cryptocurrency’s weekly chart is on the verge of printing what is known as a “golden cross,” when a short-term moving average crosses over a long-term one to...Read More
