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A major Indian cryptocurrency exchange, Wazirx, has been acquired by Binance. News.Bitcoin.com talked to Wazirx CEO Nischal Shetty to find out the implication of this acquisition and the changes users in India can expect. Meanwhile, the “India Wants Crypto” campaign to bring about positive regulation will continue, and Shetty is confident that the Indian government … Read more
Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also claims there are 27,000 petro affiliated businesses. Also read: Indian Supreme Court Wraps up … Read more
Bitcoin Price Analysis (BTC/USD) On today’s intraday chart, the price of the top-performing cryptocurrency has declined, thus recording a bearish momentum below $8500 support level. BTC/USD pair has, therefore, dive dipper below $8300, after exhibiting a sharp breakout that dipped the price to an intraday low of $8010.70. The downside move was followed by a … Read more
According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators by November 22. This comes in conjunction with a recent program on … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On November 19th, the XLM keeps decreasing in price, generally trading at $0.0657. On D1, the XLM/USD quotations have broken out the resistance line of the long-term channel. The breakout was quite confident but now the prices are forming an impulse of decline to the local support near … Read more
Presidential candidate Andrew Yang has detailed his plans to regulate the digital economy if he were to become the President of the United States. Yang’s recent blog post called “Regulating technology firms in the 21st century,” explains how the candidate believes current American legislators are out of touch with innovative technologies. Also Read: Andrew Yang’s … Read more
Medium-Term Trend: Downtrend For the last one week, the price of BSV/USD pair has been moving south ways, thus recording a bearish performance. On the 4-hourly chart, the pair’s price failed to trade above $133.954 thus slipped downside as it was pulled by the strong selling gravity coming from the bears. The price spiked down … Read more
Tron Price Analysis (TRX/USD) On today’s crypto market, the price of TRX/USD pair has been fluctuating sideways perhaps due to the indecisiveness indicated by the RSI indicator that has been hovering between midpoints over the last 24hrs. Despite the horizontal movement that steadily moved on a tight range between $0.01830 resistance level and $0.01902, support … Read more
On November 15, the digital currency trading platform Coinex announced the launch of two Coinex Chain tokens that are anchored to BTC and BCH. The two collateralized coins will be used for trading on the Coinex Dex and will be traded in the name of the original assets respectively. Also read: Bitcoin.com Joins the Coinex … Read more
This week members of the Bitcoin Cash (BCH) community donated funds to Eatbch South Sudan volunteer Thiong Deng so he could spread the word about the benefits of BCH at the Young African Leaders Summit. According to Deng, his journey to Uganda and Ghana has been fully funded which includes flight, hotel, visa costs, and … Read more