Key Highlights Ripple price made a sharp downside move and broke the $1.00 support against the US dollar. There is a crucial bearish trend line forming with resistance at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently struggling to hold the $1.00 level...
After Charlie Lee bears, LTC sellers are picking up from where they left. Not only did they close lower but that multi-level support break out is significant. Will sell pressure continue? Definitely and judging from the kind of statement yesterday, volatility might slow down but we all know sellers are...
Key Highlights ETH price declined sharply and traded below the $1100 and $1000 support levels against the US Dollar. There is a new connecting bearish trend line forming with resistance at $1060 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently under a lot of bearish pressure...
The cryptocurrency market is currently in free fall as investors respond to news of a potential cryptocurrency crackdown. Bitcoin, Ripple, Ethereum, and Litecoin have fallen as much as 17% in the last 24 hours as panicked investors respond. While the market may be in a nose dive, there is currently...
Regulation A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of...
Sharing economy A new Bitcoin Cash (BCH) tip bot that lets anyone send small microtransactions using BCH called ‘Tippr’ is gaining a lot of traction on the web these days. Also Read: Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors The Bitcoin Cash Tip Bot ‘Tippr’ Is Gaining A lot of...
Altcoins In a move that will surprise few observers, Bitconnect has announced that it is closing its lending and exchange platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states. Immediately after the firm declared...
Mining China has dominated the bitcoin mining industry for a couple of years, but fears of a government clampdown are signaling now might be the best time to enter the market elsewhere in the world. And someone just made a big bet that Russia, with its cold weather and plentiful...
The U.S. Securities and Exchange Commission (SEC) has moved to clarify its stance on both ICOs and the cryptocurrency market in general. Many in the cryptocurrency community view an SEC crackdown on activities within the sector as being something of an inevitability. However, judging by the Commission’s recent public...
March 6, 2018, Bangkok will host a major international conference dedicated to blockchain, cryptocurrencies and ICOs – Blockchain & Bitcoin Conference Thailand. The conference is aimed at cryptocurrency investors, blockchain startup representatives, developers, marketing specialists, lawmakers, lawyers, financial experts and advisors engaged in the cryptocurrency and ICO sector. Participants will discover the...