Category: Cryptocurrency News

Very few countries are openly friendly to cryptocurrency companies as of right now. The lack of clear regulatory guidelines makes this particular industry difficult to navigate. Malta seems to become the go-to place for companies involved in cryptocurrency as of right now. Monaco is the latest country to set up shop in this country. Malta is Attracting Attention Most people know by now how Binance is moving to Malta. The cryptocurrency trading platform has big expectations following this migration. It Read more …

Developers are preparing to go to lengths to keep one of the world’s largest cryptocurrencies free from the encroaching interests of big business. While a high-speed hardware known as an ASIC has been used to secure bitcoin transactions for years, mining hardware manufacturer Bitmain recently announced a new model, the Antminer X3, that has been purpose-built for mining the privacy-oriented cryptocurrency monero. Yet rather than greeting the hardware as a welcome sign of increased interest, monero will go so far Read more …

Privacy focused cryptocurrency Verge has had a rough year. The token literally went to the moon in December when it shot up over 3000% in just ten days. Life was good for the developers, the early investors, and those that got on the digital train before it stalled. Since those heady heights of around $0.27 (1850 satoshis) XVG has crashed over 90% and lost nearly all of those gains it made so quickly. In an effort to bolster interest in Read more …

Here’s what happened this week in Bitcoin in 99 seconds.     Twitter and Square CEO, Jack Dorsey stated that “Bitcoin will become the world’s single currency in 10 years or fewer”. Dorsey and the companies he heads have reflected positive sentiments on Bitcoin in the past – with the full roll-out of bitcoin purchases on the Square Cash app. The new head of China’s central bank (PBoC), Yi Gang, has stated that “Bitcoin is a currency that provides freedom Read more …

The Lympo decentralized system ensures that individuals will get monetary rewards, which is quite a deviation from the existing systems where only the health and fitness companies reap profits. The aim of Lympo is to create an ecosystem that rewards those who lead a healthy life. The Health and Fitness Industry is Poised for Growth In the last few years, there has been raising awareness about health and fitness. By 2022, this industry is expected to be worth about $233 Read more …

Economy & Regulation Days before legalizing crypto activities, Belarus has adopted a new accounting standard that deals with cryptocurrencies. It classifies digital tokens according to their acquisition and intended use. The document defines the information companies will be required to share with authorities. The presidential decree regulating the crypto sector comes into force on March 28. Also read: More Belarusians Search “Crypto”, Question “Legalization” Goods, Investments, Settlements The Ministry of Finance in Minsk has developed a new Read more …

Two Chilean cryptocurrency exchanges that found their bank accounts closed are calling on the governments regulatory association to clarify its position on the industry. Chilean Exchanges Plea for Fair Regulation In a public statement, cryptocurrency exchanges BUDA and CRYPTOMKT have asked the Association of Banks and Financial Institutions (ABIF) to “make its position transparent” after they have both had bank accounts frozen. BUDA a Bitcoin exchange and CRYPTOMRKT which deals in Ethereum both found accounts closed with no warning. Spokesmen from CRYPTOMRKT Read more …

Key Highlights Ripple price remains in a bearish zone and is currently trading well below $0.6500 against the US dollar. There is a significant bearish trend line forming with resistance near $0.6500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to stay above the $0.6100 and $0.6000 support levels to stay in a bullish zone. Ripple price is facing a tough resistance against the US Dollar and Bitcoin. XRP/USD must clear the $0.6500 Read more …

Australian politicians have publicly talked about their successful digital investments, as Australia continues to move forward with crypto friendly legislation. New Political Blood Embraces Cryptocurrency According to the Brisbane Times, two of Queensland’s legislators have publicly declared their cryptocurrency trading history as part of the register of members’ interests. The register of members’ interests is a required listing of all properties, trusts, gifts as well as Union and party affiliations by members of Parliament. Newly elected Katter’s Australian Party Member Nick Damatto may be the Read more …

Huobi’s U.S.-based operation has registered with the U.S. government as a money services business ahead of a planned rollout of crypto-to-crypto trading this spring. HBUS Inc. is registered with the Financial Crimes Enforcement Network as of Mar. 21, according to the U.S. regulator’s database. Huobi revealed in January that it was opening an office in San Francisco to serve as the hub for its planned push into the American market. Li Lin, the chief executive and founder of Huobi Group, Read more …

With a market capitalization of just under € 2.4 billion, TRON currently ranks 13th among the largest crypto currencies in the world. Since the rapid increase in December 2017 and January 2018, there was a veritable hype about TRON. After the big cryptocrash, however, it went downhill for a while and the course was difficult to recover. Plagiarism allegations about the white paper were loud and put a strain on the whole project. Since the announcement of the launch of Read more …

Bitcoin Price Key Highlights Bitcoin price could be due for a short-term drop as price formed a double top on the 1-hour time frame. Price has also formed lower highs, which also indicates that sellers are pushing harder. Technical indicators, however, are still showing some signs that buyers could return. Bitcoin price has formed a small double top to signal that another wave lower could take place. Technical Indicators Signals The 100 SMA is above the longer-term 200 SMA to Read more …