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European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity Features


Authorities around the world are trying to stamp out online anonymity in various ways, sacrificing users’ privacy for alleged security. One of these ways is forcing digital asset exchanges to drop support for some cryptos, as European venue Bitbay is now the latest to do with monero. Also...

Red Cross Infuses Blockchain Technology to Support Deprived Communities


On Tuesday, the globally reputed Red Cross societies of Norway, Denmark, and Kenya unveiled a two-year effort to bring into play blockchain-oriented ‘local currencies’ to boost trading activities within the deprived communities, stated a report by Thomson Reuters Foundation. These vulnerable rural...

Bitcoin SV Trades Above $105; Gains Support from Short-term MA


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)...

Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend


Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...

Bitcoin Cash (BCH) Plunges Rapidly; Tests Support Below $195


Bitcoin Cash trades below $200; records the lowest at $194 in the past 24 hours BCH price records a dip of over 27% from the highest ($214.75) to the lowest trading price ($194.76) in 24 hours BCH coin is on a continuous plunging spree since November 10, 2019 Bitcoin Cash rips off as the whole...

Despite Market Turbulence, Bitcoin’s Support Lines Remain Intact


Technical analysis of price trends is a topic ever electrifying the world of crypto investment with, dynamic debate on social media and beyond. While there are no guarantees, there are fundamental methods for looking at data which can provide valuable insights, such as analysis of price support...

Stellar (XLM) Loses Another 2.69%; Next Key Support to Look For $0.056


Stellar is yet to show any advancement in the value, and over the last day, it lost another 2.69%. It has found the support of 0.058 USD, and the three major price variations have been in the range between 0.061 USD and 0.052 USD. Stellar Price Analysis: Stellar Lumens opened the day at 0.060733...

HSBC Closes Account Used to Support Hong Kong Protesters


For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...

Ethereum Price Trend Depicts Steep Fall; Approaches Crucial Support Area


Ethereum is one of the Blue Chips among cryptocurrencies, and currently, it is ranked no. 2 by Market Cap. Ethereum is a decentralized smart contract platform where Ether (ETH) is used as a native token. Ethereum Price Analysis: On a 1-week chart, it is clear that the price has been rejected...

Stellar (XLM) Records a 4.37% Slump; Support is Likely at $0.059


Stellar Lumens could not be left from the market outrage, and like all other its peers, it has lost 4.37% over the last one day. It has witnessed three price variations, and the price has gone as low as 0.061 USD from 0.063 USD. Stellar Price Analysis: XLM coin’s first swing happened over the first...

FNB Stops Lending Support to South African Cryptocurrency Trading Exchanges


FNB, the brainchild of South Africa’s leading financial services giant FirstRand Bank has notified an array of country’s major cryptocurrency exchanges about the closure proceedings about their bank accounts. The trading exchanges being alarmed by FNB include big players like Luno, ICE3X, and VALR....

EOS Marks Moderate Fall Overnight; Now Trading Towards Support Area


EOS loses 1.48% over the last 24 hours The Market Cap, however, has made a significant gain EOS has been through three major price shifts in the last 24 hours, and these swings have been in the range between 3.192 USD and 3.026 USD. It has made an overall loss of 1.48% in the value … The post...

Bitcoin (BTC) Continues to Descend; Tests Support Below $8,200


Bitcoin tests support near $8,200 and $8,000 as it slips downwards The price is approaching $8,000, and if it draws a bearish trendline even below, it is likely to face resistance at $7800 and $7,650 BTC/USD price has been testing every support level by creating a narrow price range Bitcoin trades...

Bitcoin Cash (BCH) Approaches Key Support Levels; Declines by More Than 9%


BCH coin formed a support level at $243 yesterday; currently heading towards the same Bitcoin Cash trades well below $250, which was above $265 two days ago Technical indicators are yet to step into the bullish zone BCH trades under selling pressure; gives no signs of recovery Cryptocurrencies...

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