Bitcoin (BTC) has continued to unwind and is now down almost 70% from the record high on December 17th. Cryptocurrencies as an asset class have followed suit. The combined market capitalization has dropped from highs over US$800 billion in December to just under US$400 billion. The BTC market cap currently stands at US$128 billion, down…
A break above the $147 resistance area sees Litecoin rising back to $150. Key Highlights: LTC price could be heading back to $150 very soon A break above the $147 resistance area could send the coin back to $150 A major bullish trend was created from the $122.50 support level earlier today Litecoin — On…
Key Highlights: Cardano’s price recovered gradually during today’s session, now trading at about $0.3555 ADA was able to hold a support level around $0.3000, now forming a bullish trend line ADA fought off several lows in the last few hours, now testing a resistance of $0.3600 Cardano Breaking Through $0.3555 ADA price has recently broken…
Another day, another discussion on crypto regulation. That’s not an exaggeration, either. Both BIS general manager Agustin Carsten and members of the parliament of Singapore discussed regulating virtual currencies this week. As for this article, we are going to focus primarily on the latter. What Happened in Singapore? The public has now been informed that…
On Tuesday, Agustin Carsten gave a speech in which he discussed cryptocurrency regulation. He, of course, is not the first public figure to come forward to discuss more regulation on virtual currencies. Recently, UK Prime Minister Theresa May announced that the UK plans to create new cryptocurrency rules. As for Carsten, the BIS general manager…
Cryptocurrencies are undoubtedly the most volatile investment of our time and can make movements of billions of dollars in only a few hours. A particular example of this was last week; billions of dollars were wiped from the total market capitalization. Perhaps that is one of the reasons Carl Icahn criticizes the currency. Digital currencies plunged more…
The cryptocurrency market is continuing to rebound after a shaky day yesterday. Coincidentally, the Dow Jones plunged a total of 1,100 points yesterday, around 4.6%, which is the lowest since the European debt crisis back in 2011. The stock market corrected itself from yesterday’s downfall, is there a correlation between the two? I really don’t…
Crypto investors rejoice! At least, for now. The market is in the green at the time of writing (but knowing how volatile crypto is, who knows how long this will last). Of the many coins that are up, both Ark and Dent have been climbing in the past 24 hours. Yesterday, China blocked all crypto-related…
Texas appears to be leading the U.S. in terms of crypto crackdowns after attacking its third cryptocurrency company this year. The latest emergency cease-and-desist order was slapped onto DavorCoin (DAV) yesterday after investigations into crypto investment programs. The orders come from security commissioner Travis J. Iles at the Texas State Security Board (TSSB) and are…
Texas appears to be leading the U.S. in terms of crypto crackdowns after attacking its third cryptocurrency company this year. The latest emergency cease-and-desist order was slapped onto DavorCoin (DAV) yesterday after investigations into crypto investment programs. The orders come from security commissioner Travis J. Iles at the Texas State Security Board (TSSB) and are…
