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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...
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
9.12.2019
Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea’s Ministry of Economy and Finance has confirmed
Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains
8.12.2019
Ethereum’s prices sees no major movement following the hard fork, as most of the top 20 cryptocurrencies report moderate gains
Bitcoin Hovers Under $7,550 as Altcoins See Moderate Gains
7.12.2019
Bitcoin hovers just under the $7,550 mark as most of the top 20 cryptocurrencies are reporting moderate gains on the day
Dogecoin Trades with Moderate Selling Pressure; Gains Support from Short-term MAs
2.12.2019
Dogecoin trades around $0.0022 price area; gains support from the short-term moving averages Dogecoin price takes a swift downturn trading from $0.0028 to falling at $0.0020 in a 30-day time frame Currently, the currency trades with a 10% growth when compared to the lowest in the said time frame...
Litecoin (LTC) Continues to Hold its Fort; Gains 0.69% Overnight
2.12.2019
Litecoin maintains its price around $47 despite the initial blood bath in the market Over the next few days, LTC may take the value a little higher, but no abrupt change is anticipated Litecoin has maintained its value despite the overall slowdown across the market. There have three major price...
Sideshift SLP Token SAI Gains Over 30% in Less Than 24 Hours
30.11.2019
Crypto exchange Sideshift’s SLP token, SAI, has scored remarkable gains in value this week. Its price jumped well over 30% on Thursday, from $0.0310 per coin early on Nov. 28 to over $0.0450 a few hours later, and to a record high of 0.0473 on Friday, Nov. 29. Also read: Gocrypto SLP Token...
Research: Bitcoin Futures Settlement Date Suggests 4% Gains Likely
30.11.2019
Bitcoin poised for more gains after futures expiry
Verge (XVG) Pushes Its Limit for the Second Day; Gains 10.16% Overnight
27.11.2019
Verge seems to have continued its effort to get out of the sluggish movement of the past few weeks It may have to wait for some more days before recovering completely; however, it has averted the selling pressure up to a great extent Verge has continued its effort of recovery, and its consistency...
Ethereum Gains Over 10% in Past 24-hours, But Volatility Remains Glued
26.11.2019
Ethereum trades at $146, after having tested the supports near $130 Although ETH coin is currently in its price correction phase, the volatility is still intact The price holds no support from the moving averages around the current price area and has a dense selling pressure Ethereum currently...
Bitcoin SV Trades Above $105; Gains Support from Short-term MA
26.11.2019
BSV coin trades at $107.2, having grown by over 13% from yesterday’s closing, i.e., $94.52 Just when Bitcoin price took a step above $7,000, Bitcoin SV soared as high as $110.59 Similarly, BSV trades in selling zone until a persistent trade above its 7-day high price takes place Bitcoin SV (BSV)...
Stellar (XLM) Begins Recovery; Gains 2.68% Overnight
26.11.2019
After days of sluggish growth, Stellar Lumens seems to have initiated its highly needed recovery. Over the last 24 hours, the XLM price has been up by 2.68% and through three major price variations in the range between 0.053 USD and 0.059 USD. Stellar (XLM) Price Analysis: Stellar was being traded...
Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
20.11.2019
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed