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Bitcoin Under Pressure After Oil Prices Crash to Record Lows
21.4.2020
The top cryptocurrency is looking weak after Monday's big crash in the oil markets
Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues
10.4.2020
South Korean market-leading crypto exchange Bithumb is coming under pressure to delist monero (XMR) cryptocurrency as public outrage over the Telegram Nth room sexual exploitation and rape video case continues to dominate headlines in the country.
Per a report from Sisa Journal, the pressure is...
Litecoin Under Pressure Again as "Death Cross" Appears in Chart
1.4.2020
Source: iStock/Albert_Karimov
Litecoin (LTC) is again facing pressure from traders who wonder if the price will be able to pick up the momentum necessary to recover the losses from the major market crash on March 12.
As of press time on Wednesday (10:22 UTC), litecoin was down almost 1% over...
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Dash (DASH) Beats the Bearish Pressure; Notes an Escalation of 27%
19.3.2020
Despite the current troubled market, DASH coin has efficiently carried out a price rise of more than 27% over a day. This is not a regular bullish price move, as while the currency has noted such an escalation, Bitcoin price has remained range-bound around $5200 to $5300. The overall market is...
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
12.3.2020
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...
The FATF Recommendations on Privacy Coins: Why Private People, Businesses and Governments Should Care
12.3.2020
Over the past few months, private crypto assets, commonly known as privacy coins, have been under pressure due toContinue Reading
The post The FATF Recommendations on Privacy Coins: Why Private People, Businesses and Governments Should Care appeared first on CoinMarketCap Blog
XRP Suffers Under Bearish Pressure; $0.20 Acts as Active Support For Now
9.3.2020
Is it Corona-effect? Indeed, to quite an extent!! The outbreak of this fatal disease has spread already in around 94 countries, out of which many hold crypto users in some or the other way, especially Bitcoin. Notably, BTC has been dragged down to $7000 price range from $9000 recently, which shows...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Lawyers Ramp Up Pressure to Exhume Quadriga CEO’s Body
28.1.2020
Miller Thomson is doubling down on its request that the RCMP exhume Quadriga founder Gerald Cotten's body by publicly requesting an update from Canadian MP Bill Blair, who oversees the agency
Dogecoin Retests Support at $0.0022 and Falls Under Selling Pressure
24.1.2020
Dogecoin (DOGE), at the time of writing this analysis, was trading at $0.00223 Just when Bitcoin price rose temporarily above $9,000, DOGE price had also hit a fresh 30-day high at $0.00258 DOGE’s current trading price gains support from the 200-day MA as it is retesting support around $0.0022...
Turkey Prepares to Increase Oversight in the Crypto Space
6.1.2020
Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized...
Will Ripple (XRP) Bow Down Completely Under Bear Pressure?
26.12.2019
XRP was one of the major cryptocurrencies in the crypto market. The coin had shown great momentum till June, but when the bears stuck in July, Ripple price went on a continual downward swing. If we look at the YTD price chart, it shows that the price of XRP coin trading in the range between...
Will Ripple (XRP) Manage to Stay Away from Bearish Pressure in the Near-term?
24.12.2019
Ripple has great potential, and it had a great start to the year until the bears overtook the stronger position in the crypto market since July. The price of XRP coin started on a high note of $0.1960 on December 17. With the bears showing a stronger hold over the coin, Ripple price fell...
Poloniex Restores Unverified Accounts With Unlimited Trading
22.12.2019
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...
Bitcoin (BTC) Trades Stably; Lightens the Selling Pressure
9.12.2019
Bitcoin moves beyond the ‘strong selling pressure’ that it withhold since quite some time now BTC’s current trading price gains support from the short-term Moving Averages BTC holds the major support around $7,300 and $7,250, while the major resistance $7,650 price area Bitcoin has been trading...
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...
Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure
2.12.2019
This past week, bitcoin price recovered above the USD 7,350 and USD 7,550 resistance levels. BTC/USD tested the USD 7,850 resistance area, where the bulls struggled. As a result, the price started a fresh decline and traded below the USD 7,350 pivot area (09: 00 UTC).
Similarly, many major altcoins...
LTC Trades with Bullish Impact; Selling Pressure Remains Prominent
29.11.2019
Litecoin trades at $47.84 with slight support from the short-term moving averages Just like other altcoins, LTC is also trading with utmost selling pressure LTC’s current trading price is 9% higher than the lowest of the past 30 days Litecoin (LTC) has hit the new 90-day low at $42 in the past four...