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The Stimulus Cover Up: Small Businesses Cheated, Corrupt Covid-19 Stats, Crony Benefits
19.4.2020
Last week thousands of Americans have been reporting that they received their stimulus check, while many people have been having issues with the system. Moreover, the Coronavirus Aid, Relief & Economic Security (CARES) Act has not been able to cover everyone and the Small Business...
South Africa Proposes 30 Rules to Regulate Cryptocurrency
19.4.2020
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by...
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
17.4.2020
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also...
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...
Guarda Wallet Launches Multisignature Functionality for Bitcoin
13.4.2020
Guarda has recently become the first multi-currency crypto wallet to offer support for Multisignature. Multisignature (also known as Multisig) wallets make it possible for two or more users to have access to the funds.
The post Guarda Wallet Launches Multisignature Functionality for Bitcoin...
Bears Take Control Over Bitcoin (BTC); Eyeing to Retest $7k
10.4.2020
Bitcoin price has been up by 6.53% in the last seven days, and the value has reached $7265 As per the recent bearish move, BTC may retest its previous support $7000 before making any steep movement If Bitcoin crosses $7300 mark then it can easily crack its major resistance $7800 Bitcoin’s...
Bitcoin (BTC) Regains Bullish Momentum Despite the Recent Decline
8.4.2020
Bitcoin has shocked its investors by halting its recovery in just a day Over the last 24 hours, it has lost 2% of its value Bitcoin has deviated from its earlier stand and started losing value. Over the last 24 hours, it reflected downside correction, and its value has moved below $7200. However...
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
6.4.2020
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South...
Bitcoin (BTC) Appears Visibly Bullish & RSI Notably Hits Above 70
2.4.2020
Bitcoin, at the time of writing this analysis, had already breached above $6,700 after 6 days of the sluggish movement, below $6.5k and even $6k. BTC takes a bullish toll after days of price accumulation and trading sideways. Moreover, it is important to note that Bitcoin and other cryptos...
Bitcoin (BTC) Breaks the Subtle Uptrend as the Price Accumulates
1.4.2020
Bitcoin, at the time of writing this analysis, was trading around $6,200 after breaking the subtle uptrend around $6,400, below 50.0% Fib Retracement level BTC price currently lacks support from 50-day and 200-day daily moving average due to current price accumulation When the coin slid below...
BCH, BSV Block Halvings Will Force Miners to Bitcoin (BTC) — Report
31.3.2020
Bitcoin will take miner resources away from Bitcoin Cash and Bitcoin SV next month, but the picture is far from rosy, warns Coin Metrics
23 Approved Cryptocurrency Exchanges in Japan — Number Rises Amid Pandemic
31.3.2020
Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. Also read: 2x Bitcoin — Wanna Double Your BTC to...
Porn Industry Thrives During Lockdown — These Sites Are Cryptocurrency-Friendly
29.3.2020
Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership...
Bitcoin (BTC) Nosedives Around $6k; Major Support Lies at $5.8k
28.3.2020
Bitcoin experienced the most anticipated fall as it retests around $6k and $6.1k after accumulating above $6.5k. Well, you would wonder, how was this an anticipated fall of BTC. Aligning the analysis done two days back, we were quite ready for a dip sooner or later as the coin experienced a “death...
Bitcoin (BTC) Turns Flat Above $6.5k; A Massive Price Change Expected
27.3.2020
Bitcoin, at the time of writing this analysis, continued to trade above $6.5k at $6,650.93 along with the price accumulation above 50.0% Fib Retracement level. Amidst the global crisis, the BTC price trend has drawn a high at $9,200, low at $3,800, and relief support at $6,500. Analyzing...
Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...
Bitcoin (BTC) Continues to Confuse; Will It Experience Bulls or Bears?
26.3.2020
Bitcoin continues to trade above $6k and $6.5k for the 5th day now, and we are likely to draw a week full of bullish crossover if it does not nosedive any sooner. However, even if BTC maintains a winning streak, it is drawing a controversial picture overall. In less than 30 days, the coin...
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
Bitcoin (BTC) Trades Above $6k Yet Draws a Complex Picture
25.3.2020
Bitcoin price has been trading above $6k for the 4th day straight and has even hit as high as $6.9k on Tuesday, March 24, 2020. However, the cumulative price trend of BTC shows a similar kind of bear market entry that happened in 2018, leading to unprecedented weekly highs and lows. On the other...
Top 5 Cryptos This Week (Mar 22): Bitcoin (BTC), DASH, BSV, BCH, CRO
22.3.2020
Bitcoin has bounced from critical support levels but it needs to hold above $6,435 to signal a bottom