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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...
Litecoin Marks an Intraday Bullish Move; Trades Around an Imminent Price Area at $42
30.12.2019
Litecoin currently trades at $42.86 and is hitting the upper Bollinger Band laid on a 4-hourly chart. The current trading price is a result of a positive intraday move. If it continues to gain momentum, LTC price is expected to rise above the ultimate support/resistance area. The active support...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
OKEx Launches Bitcoin Options Trades for Select Clients Ahead of January Launch
26.12.2019
Malta-based crypto exchange OKEx is launching Bitcoin options for select invited traders before the product’s public rollout in Jan. 2020
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Cardano Trades Moderately Bullish; Holds Risk of Downside Breakout
23.12.2019
Cardano trades above the 52-week low that was exhibited in the previous week The constant lower highs formed in the past 6 months gave a fresh 52-week low in the previous trading week at $0.0308 ADA gains support from the 10-day MA, however, fails to gain long-term support Cardano has been only...
Monero Exhibits a Long-term Bearishness as it Trades with Consistent Lower Highs
23.12.2019
Monero draws a slight cumulative uptrend; taking into consideration the past two trading years Although, the short-term remains bearish XMR/USD lacks support from the daily moving averages RSI for Monero has been moving stably as observed the cumulative movement of the coin since the previous year...
P2P Crypto Trading App Allows You to Protect Your Privacy
21.12.2019
Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine...
Stellar Trades with Extremely Slow Pace; Mild Uptrend Appears Intact
20.12.2019
XLM price seems to be consolidating at the moment, trades around 23.60% Fib level A mild bullish trendline has taken place; may continue if the coin manages to climb above 38.20% Fib level Technicals are giving mixed signals at present; the market still gives sluggish vibes Stellar Lumens trades...
Binance Coin (BNB) Exhibits a Positive Intraday Growth; Trades at $13.40
20.12.2019
Binance Coin is currently trading at $13.40 and gains steady support from $13.26—9-day daily moving average. The coin has traveled from the high of $18.72 to the lowest at $12.14 in a period of the past 30 days. The downtrend has been quite noticeable as the coin has lost sturdy support from 49-day...
Dogecoin Trades Marginally Bullish; Retains Around $0.0020
19.12.2019
Dogecoin trades back around the previously formed support at $0.00202 DOGE/USD exhibits a bullish crossover as it rises away from $0.0019 The current trading price of Dogecoin approaches near the 10-day support zone As per the above daily movement of DOGE/USD on HitBTC over the past two years,...
Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
Stellar (XLM) Forms a Declining Trading Channel and Trades at $0.0505
16.12.2019
Stellar continues to descend as it falls from trading around $0.052 to $0.050 within less than 48 hours XLM price gives a lower-high trend as it slides in the fortnight Stellar price moves with inactive supports and trades with a selling pressure The price trend of Stellar Lumens is on a descending...
Stellar Trades Extremely Bearish; Gives a Fresh 90-day Low at $0.052
14.12.2019
Stellar trades around the lowest price of past 3 months at $0.0520 The coin holds no support from the major moving averages XLM price faces major resistance around $0.0899—which happens to be mid of 200-day MA Stellar has been trading quite stably with a few temporary rises in between. Giving...
EOS Lacks Momentum; Trades Below 23.60% Fib Level
14.12.2019
EOS consolidates around $2.60 after having maintained an almost stable movement since the past four days now The coin lacks support from the major moving averages viz., 50-day and 200-day EOS price trades with immense selling pressure as it lacks the momentum to rise and face resistance around...
Bitcoin Price Today Draws Controversies as it Trades Stably Around $7,200
14.12.2019
Bitcoin News Today Bitcoin (BTC) draws a declining trend as observed from the cumulative movement over the past two years. It currently trades around $7,250 and forms a declining channel. In order to observe the trend that BTC price has been exhibiting since it hit the ultimate top and bottom...
Stellar (XLM) Trades on a Mixed Note; Technicals Head for a Bullish Bias
13.12.2019
Stellar has recently found support level at $0.051; starts an uptrend on a mild note The lower high pattern has been halted; the XLM coin has come back to square one as it has managed to reclaim its opening price after a plunge Technical indicators are set to enter a bullish zone while Bollinger...
Ripple Price Prediction: XRP Trades Sluggishly After a Month-Long Hefty Decline
13.12.2019
The 1-day price movement of Ripple looks volatile, and still, the coin is not ready to step out of its range-bound mode. The leading altcoin is trading between the narrow price range of $0.21 to $0.23 since November 25, and it needs a strong push. Meanwhile, the 1-month chart of XRP coin shows that...
Ether Price Targets $160 as Altcoins Rally and BTC Trades Sideways
13.12.2019
Ether price needs to break above the long term descending trendline and stiff resistance at $150 in order to break the multi-week pattern of lower highs
Ripple (XRP) Witnesses Intense Bearish Slip; Trades Towards Key Support Levels
11.12.2019
Ripple has stopped the massive price fall in November end after it formed a lower low at $0.20. The leading altcoin calls for a price boost as it lacks momentum. The investors are eagerly waiting for a rapid price rally, which can again take the XRP coin above $0.40. Notably, a similar kind...