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Bitcoin has fallen by roughly $400 and is now trading for $8,900. Yesterday, we discussed potential resistance between the $9,000 to 9,300 range, and now that speculation is crossing into reality, though it’s unclear if the currency is slated to stay here for much longer. Prior to the drop came a bitcoin trading ban in … Read more
Various central banks have shown a keen interest in creating their own digital currencies. Doing so is very different from drafting a whitepaper about it. It now seems most countries have put those plans on ice indefinitely, though Iran is an exception. That nation has decided to experiment with a new cryptocurrency, even though the trading of actual … Read more
Over-the-counter Bitcoin trading has become a lot more popular over the past few months. By cutting out the middlemen and centralized exchanges, platforms such as LocalBitcoins are surging in popularity. It seems a new competitor may emerge very soon, as PayFair is scheduled to launch in the near future. This platform works similarly to LocalBitcoins, … Read more
Nasdaq has kept a very close eye on recent developments in the world of cryptocurrency. It seems the company is intent on launching its own cryptocurrency exchange in the future, although nothing has been set in stone just yet. It is quite interesting to see how financial entities are bringing cryptocurrency to the mainstream after many years of opposing … Read more
Iran, which was heavily affected by the sanctions imposed by the US on the country and its businesses in January, has banned the only alternative payment method that local businesses and individuals could use to bring money in and out of the nation. Why Did Iran Ban Cryptocurrency? On April 23, the central bank of Iran effectively … Read more
It will be quite interesting to see how all of the cryptocurrency markets will evolve in the near future. Although Bitcoin and most other top currencies are down a bit as of right now, the Stellar price is still going strong. Albeit the uptrend is pretty small, it seems this is the only top asset … Read more
With all cryptocurrencies suffering from a temporary setback as of right now, it will be interesting to see where the industry will go next. Although the Bitcoin price is on the decline as we speak, it seems things will only improve from here on out. As is usually the case with any temporary dip, the … Read more
Ethereum price has been rising steadily during the past few days along the upwards trend line that has been evident since April 7th. $700 was repeatedly the day high on Saturday and Sunday. Repeated cycles of upwards price bursts followed by brief downwards price correction attempts have been evident on the 4 hour ETHUSD charts, … Read more
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the fifteenth installment of my challenge. After a few slower weeks for my challenge, I’m happy to say … Read more
Bitcoin is holding its ground at $9,300. The currency has been sitting at this mark for several days, and while the price hasn’t necessarily dropped, it hasn’t jumped forward either. This suggests that bitcoin is encountering newfound resistance at its present level, and perhaps $10,000 is not as close as we originally thought. Though support … Read more
