Please share if you find this article interesting. Ripple Price Analysis: XRP at Potentially Key Turning Point Ripple price traded to a new weekly high at $0.3384 and later corrected lower against the US dollar.There was a break below a key bullish trend line with support at $0.3250 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair must trade above $0.3260 and the 100 hourly simple moving average to gain traction.Ripple price is showing a few bearish signs against the US Dollar and Bitcoin. XRP/USD must stay above $0.3170 to bounce back above $0.3260 and $0.3300 in the near term.Ripple Price AnalysisYesterday, we saw a decent upside recovery above the $0.3250 resistance in ripple price against the US Dollar. The XRP/USD pair even traded above the $0.3300 ...
Please share if you find this article interesting. How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts - Bitcoin News Finance Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Avoiding Problems With Banks Reports of banks in India closing customer accounts with cryptocurrency-related transactions have been on the rise. Banks cite compliance with the circular issued by the countr
Please share if you find this article interesting. Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay ETH price trimmed most its recent gains and declined below the $121 support area against the US Dollar.There was a break below a connecting bullish trend line with support at $120 on the hourly chart of ETH/USD (data feed via Kraken).The pair still remains supported on the downside above the $113 and $114 levels.Ethereum price declined against the US Dollar and bitcoin after the Constantinople hard fork was postponed. However, ETH/USD could bounce back as long as it is above $113.Ethereum Price AnalysisYesterday, we saw a solid upside break above $121 and $124 in ETH price against the US Dollar. The ETH/USD pair even broke the $128 resistance and later s...
Please share if you find this article interesting. Venezuelan President Raises Petro's Value Again in Bid to Create 'New System' - Bitcoin News News For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism. Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ President Nicolas Maduro introduced a “new monetary system” on Jan. 14 which included another increase in the country’s cryptocurrency and a higher minimum wage in a bid to combat the “criminal dollar.” As the country continues to struggle with the world’s highest inflation – around 2 million
Please share if you find this article interesting. ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron (TRX), according to a tweet posted Jan. 15. Tron's founder and CEO Justin Sun subsequently confirmed the news on Twitter. As per the announcement, the partnership has made ABCC the first crypto exchange to list tokens based on Tron’s TRC10 technical standard. The announcement was made a few days after the exchange first revealed that its was in the process of adding support for tokens based on both the TRC10 and TRC20 standards. According to Tron’s guide for developers, TRC10 is a technical standard for tokens that are supported by the crytpocurrency’s native blockcha
Please share if you find this article interesting. Belarus Launches Trading Platform Enabling Customers to Buy Tokenized Securities Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other traditional assets, Reuters reported Jan. 15. The project is reportedly backed by two companies, Larnabel Ventures and VP Capital. According to Reuters, the government of Belarus has not yet commented on the launch of the platform, but it was covered by the state news agency BelTa. The platform will allow traders to buy shares, precious metals, foreign exchange and other traditional assets from Belarus, as well as from other countries, with cryptocurrencies. Since its launch, the platform has reportedly issued 150 different types of toke...
Please share if you find this article interesting. Cashshuffle Developer Says Privacy Project Nears Completion - Bitcoin News Privacy One of the Cashshuffle development team contributors, Josh Ellithorpe, revealed on Jan. 14 that the BCH-focused privacy shuffling protocol is near completion. The developers are planning to run a security audit on the code and have launched a fundraiser on the Bitbacker.io platform to help secure funding for the audit. Also read: Crypto Luminary Impersonation Scammers on Social Media Raked in Millions in 2018 Cashshuffle Crowdfunds Security Audit on Bitbacker.io The Cashshuffle protocol is an open source project being developed by the Electron Cash programmers and other well-known BCH developers. Cashshuffle is a client-server mixing applicati
Please share if you find this article interesting. Spanish Energy Firm Repsol Claims Blockchain Can Help It Save 400,000 Euro per Year Madrid-based energy company Repsol reported a successful test of a blockchain pilot to improve the quality of safety certification of its products. Cointelegraph in Spanish reported the news on Jan. 15. Established in 1987, Repsol is a leading energy company that operates in the oil and gas industry, including exploration, development, and production of crude oil and natural gas. In the first nine months of 2018, the company’s net income reached 2,7 billion euros, rising by 37 percent since the beginning of the year, according to Financial Times. The Repsol Technology Lab Research Center (Tech Lab) and blockchain startup Finboot, which is a part o
Please share if you find this article interesting. Bitcoin Hovers Just Above $3,600 as Crypto Markets See Another Slump Tuesday, Jan. 15 — following a brief period of recovery yesterday, all of the top 20 cryptocurrencies by market capitalization are falling again. The only exception to this are two stablecoins Tether (USDT) and USD Coin (USDC), which are currently in the green. Market visualization from Coin360 As of press time, Bitcoin (BTC) is down 2.34 percent on the day, to trade at $3,615. The leading cryptocurrency started the day above the psychological threshold of $3,700, while on the weekly chart the highest price point was registered on Jan. 9 at $4,107. Bitcoin 7-day price chart. Source: Cointelegraph Price Index The second largest cryptocurrency by market cap, Rip
Please share if you find this article interesting. French ATM Glitches and Bank Closures Reported After Scheduled Bank Run - Bitcoin News News The grassroots yellow vest movement in France has been participating in protests for weeks on end. Just recently, high profile yellow vest members have been promoting a “bank run” on financial institutions and automated teller machines in Paris. According to reports, the scheduled bank run began in phases, the first of which started on Jan. 12 and since then a few ATMs have been shut down due to “glitches” while some banking offices have allegedly closed shop temporarily. Also Read: Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization Reports of ATM Glitches and Bank Closures Spread After Yellow Vest