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Tag Archives: Virtual Currency

Bitcoin Cash Price Technical Analysis – BCH/USD Bullish Above $700

Key Points Bitcoin cash price surged higher and broke the $700 resistance against the US Dollar. There is a short-term bullish breakout pattern forming with resistance at $745 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is placed nicely in a bullish zone and is currently eyeing more gains […]

Bitcoin Cash Price Technical Analysis – BCH/USD Could Test $700

Key Points Bitcoin cash price is moving higher and is currently placed above $650 against the US Dollar. Yesterday’s highlighted connecting bullish trend line with support at $650 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is showing bullish signs and it seems like it could break […]

Bitcoin Cash Price Technical Analysis – BCH/USD Crashes Below $700

Key Points Bitcoin cash price struggled to move higher and declined sharply below the $700 level against the US Dollar. There are two key bearish trend lines forming with resistances near $750 and $850 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to struggle, and it could […]

France Warns of 15 Unauthorized Cryptocurrency Investment Platforms

The French financial regulator has issued a warning and published a list of 15 unauthorized cryptocurrency exchange and investment platforms. These companies keep marketing to the French public despite the agency’s warnings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies France Warns of Unauthorized Crypto Platforms The Autorité des Marchés Financiers (AMF) […]

Singlepoint Launches Bitcoin Payment Solution for Cannabis Industry

Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Singlepoint’s Bitcoin Solution Publicly-traded […]

Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according […]

Poland Refutes Reports of Its Interest in Venezuela’s Oil-Backed Cryptocurrency

Poland’s Ministry of Finance has refuted reports that it is interested in the petro, the Venezuelan ”oil-backed” currency. Earlier this month, Venezuela reportedly claimed that a handful of countries have expressed interest in receiving the petro for commerce with Venezuela such as Norway, Denmark, Brazil, Vietnam, Poland, and others. Also read: Indians Look to Buy Bitcoin […]

Korean Prime Minister: Closing Down Crypto Exchanges ‘Not a Serious Consideration’

The South Korean prime minister has emphasized that closing down cryptocurrency exchanges is not a serious consideration. His statement clears up any remaining confusion in the market regarding whether the Korean regulators are still considering this option. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Closing Down Exchanges Not Serious Consideration Lee […]

South Korea Discusses Cryptocurrency Policies With China’s Central Bank

The South Korean Minister of Strategy and Finance has met with the governor of the People’s Bank of China to discuss and share economic policies including cryptocurrency countermeasures. While China has imposed strict regulations on cryptocurrency trading, including closing down exchanges, South Korea has adopted a less strict approach. Also read: Japan’s DMM Bitcoin Exchange Opens […]

Cryptoruble Delayed – Russian Central Bank Worried It Could Bypass Regulations

Russia’s national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto […]