Bitcoin price failed to recover above the USD 32,000 and USD 32,400 resistance levels. BTC traded below the USD 31,200 support and is currently (13:00 UTC) showing bearish signs. It seems like the bears are aiming for a downside break below USD 30,000. Similarly, most major altcoins are showing bearish signs. ETH/USD is trading well…
Read more
It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn’t help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged. At the time of writing (13:41 UTC), XRP, ranked 5th by market…
Read more
In Japan, a major player in the conventional financial sector is edging closer to crypto adoption – as credit card giant JCB announced that it would be working on a crypto-related pilot. In a press release, the Japanese card firm said that it had begun working on a pilot with Cowry, a Tokyo-based payments and…
Read more
Bitcoin price made an attempt to recover above USD 32,500, but it failed to gain momentum. BTC started a fresh decline and traded below the USD 32,000 support level. It is currently (13:00 UTC) trading below USD 32,000 and it could even dive towards USD 30,500. Similarly, most major altcoins are showing bearish signs. ETH/USD…
Read more
The volatility is holding the market in a firm grip, as the market sentiment drops further within the neutral zone. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins slipped for the second week in a row, from 5.81 seen a week ago to 5.77 it got over the…
Read more
Bitcoin price is showing positive signs and it recently broke the USD 33,500 resistance. BTC even cleared the USD 34,000 level and it is currently (13:00 UTC) up over 5%. If there is a close above USD 34,200 and USD 34,500, there are chances of a move above USD 35,000. Similarly, most major altcoins are…
Read more
As many as eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token, with banking groups outside the “big four” also set to roll out their own smartphone-based offerings. The country’s four biggest banks, the state-owned quartet of the Industrial & Commercial Bank…
Read more
The headquarters of the Bank for International Settlements in Basel, Switzerland. The Bank for International Settlements (BIS) has announced that it will begin work on a new blockchain-powered tokenization incentive, and will intensify its central bank digital currency (CBDC) operations by launching a new platform. In a press release and presentation materials shared with Read…
Read more
Bitcoin price formed a support base above USD 30,000 and started recovering. BTC broke the USD 30,500 and USD 31,200 resistance levels. It is currently (13:00 UTC) approaching the USD 32,500 resistance, where the bulls might face hurdles. Similarly, most major altcoins are recovering higher. ETH/USD is gaining pace above USD 1,150, but it could…
Read more
We are already a few weeks into 2021, but it is still not too late for predictions – especially in the crypto world, with Ripple’s team taking a break from its battle with American financial regulators to present its forecast for the year ahead. In a post on its website entitled “Crypto and Blockchain: Looking…
Read more
