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Binance Coin Marks a Fresh Weekly High; Gains Medium-term Support
7.1.2020
Binance Coin (BNB), at the time of writing, was trading at $14.9. Important to note that the intraday movement has marked a fresh weekly high at $15.14 and a continuous uptrend can lead BNB coin to breach the 30-day high soon. All the altcoins of the market including the king of cryptocurrencies...
NEO Gives a Fresh 90-day Low as it Gains all Imminent Supports
7.1.2020
NEO, at the time of writing, was trading at $9.66 on Bitfinex. NEO/USD takes an impressive move as it rises by over 38% from the 90-day lowest hit at $6.96. The intraday movement has been quite impressive as the coin hits a fresh 30-day high at $9.91. Alongside, the trading volume and the market...
XRP Correcting Gains After Rallying on Good News
7.1.2020
On Tuesday, XRP, the native token of the Ripple Ledger and the third most valuable coin by market capitalization, is correcting its gains after a strong rally on Monday, prompted by positive news.
At pixel time (10:07 UTC), XRP trades at c. USD 0.215 after almost touching USD 0.225 earlier today...
Bitcoin and Altcoins Look Primed for Further Gains
7.1.2020
Bitcoin price extended its gains above the USD 7,550 and USD 7,650 resistance levels, opening the doors for more upsides. Finally, BTC/USD surged above USD 7,850 and tested the key USD 8,000 resistance area. The price is currently (09:00 UTC) consolidating gains and dips are likely to remain...
Cardano (ADA) Gains Short-term Support; Marks an Intraday Dip
2.1.2020
Cardano, at the time of writing, was trading at $0.0331. In the last trading month of the previous year, ADA coin has shown two extremities at $0.0421 and $0.0304. The current trading scenario of the coin is such that it has been moving in a stated price range, facing rejection above $0.0355. This...
VeChain (VET) Appears Bearish Yet Gains Support from 200-day MA
2.1.2020
VeChain, at the time of penning down this article, was trading at $0.00533. The coin has been trading below $0.0060 for a week now and we believe that an uptrend is lacking momentum. However, if Bitcoin’s price would have receded even further, VET against USD would have marked a dense bottom....
Government Confirms Crypto Profits Not Taxable in South Korea
2.1.2020
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend...
South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...
Bitcoin Throws Bullish Signals as it Gains Support from Daily MAs
28.12.2019
Bitcoin currently trades stably around $7,200 and $7,300 price area; at the press time, BTC was at $7,286.55. Interestingly, the king of the cryptocurrencies is trading with total support from the daily moving averages and is under the ‘buy phase’. We are likely to see this influence on the altcoin...
Bitcoin and Altcoins Reversing Gains With Bearish Angle
24.12.2019
Yesterday, we saw a strong upward move in bitcoin price above the USD 7,350 and USD 7,550 resistance levels. However, BTC/USD struggled to gain momentum above USD 7,650 and it is currently (09:00 UTC) correcting lower. The price is trading below the key USD 7,350 pivot level and it is facing...
Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains
22.12.2019
Bitcoin approaches the $7,400 mark again as most of the top 20 cryptocurrencies report moderate gains
At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade
20.12.2019
No other investment comes close to Bitcoin in the 2010s, data shows as the cryptocurrency enters 2020 up 85% this year alone
Bitcoin and Altcoins Correcting Strong Gains
19.12.2019
This week, we saw a bearish extension in bitcoin price below the USD 7,000 and USD 6,850 support area. However, the USD 6,550 support area acted as a strong buy zone, resulting in a sharp recovery in BTC/USD. The price surged close to USD 1,000 and climbed above many hurdles including...
Dogecoin (DOGE) Declines Moderately; Gains Support from 9-day MA
17.12.2019
Dogecoin trades at $0.00206 and gains slight support from 9-day MA In the past seven days, DOGE price has been facing sturdy resistance from $0.00219 price area All the moving averages have been declining as the whole market crashes Dogecoin is trading moderately bearish as compared to the other...
Blockchain Supply Chain Platform Gains Metals Giant Glencore as Member
13.12.2019
Global mining giant Glencore eyes blockchain to improve supply chain efficiency in new deal
Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
Crypto Gains New EU Stronghold as Sweden Approves Swiss ETP Startup
10.12.2019
Swiss crypto firm gets approval from Swedish authorities to offer its exchange-traded products to investors in the EU
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...
IOTA (MIOTA) Starts the Week with a Budge; Gains 1.06% Overnight
9.12.2019
IOTA begins the week with a positive note, and it has made one step forward towards the recovery. The currency currently trades at 0.2064 USD, with an overall gain of 1.06% in a day. There have been three major price variations over the last 24 hours. IOTA Price Prediction IOTA was being traded...