Browsing Category
crypto
Indian Minister Inaugurates Blockchain Center of Excellence in Bengaluru
A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of…
Bitcoin, Crypto Assets are not Banned in India: RBI
After a stressful Supreme Court hearing, India conceded that bitcoin and crypto assets are not illegal. The Reserve Bank of India, the country’s central bank, also stated it did not place restrictions on Bitcoin (BTC) or…
Another Bitcoin Hashrate All-time High has Been Recorded
The Bitcoin network hashrate always tells an interesting story. Over the course of the weekend, a new all-time high has been reached once again. It is evident that the global interest in mining Bitcoin isn’t slowing down just yet. The…
New Taxation Proposal can Boost Cryptocurrency Merchant Adoption
Most personal transactions where a capital gain occurs are subject to taxation. A newly proposed bill in the US House of Representatives could change things up a bit in this regard. Do not expect the taxable gain to be eradicated…
Bitcoin Just Closed Beneath This Key Level and It Isn’t Good for Bulls
Bitcoin has had a rocky past few days, surging to highs of $9,200 this past Saturday before meeting insurmountable resistance that has sparked a short-term downtrend. This downtrend has led BTC into the mid-$8,000 region, but the losses may…
This Confluence of Bullish Factors Shows XRP Could Soon Explode Higher
XRP and the majority of other major altcoins have been able to develop firmly bullish market structures over the past few weeks, which has been driven by the massive 2020 uptrend that the crypto market is currently caught within. XRP…
Ethereum On the Verge of a Massive Upswing as Altcoins Begin Rallying
After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as...
No, Chinese New Year Won’t Trigger a Bitcoin Pullback: Historical Data Shows
Chinese New Year is just around the corner and people are once again debating its possible impact on Bitcoin price. A popular theory is Chinese investors cash out holdings before the holiday, creating additional selling pressure in the…
Venezuelans Allegedly try to Sell Their Petro Airdrop on LocalBitcoins
The financial situation in Venezuela remains subject to plenty of speculation. On Reddit, one user claims how residents are selling their Petro holdings at a 50% discount. It is often difficult to distinguish truth from fiction when it…
Bitcoin Breaking This Single Level Will Spark a Parabolic 800% Rally
Bitcoin’s 2020 uptrend has drastically shifted the market structure of BTC, which was previously shaping up to be incredibly bearish while it was hovering within the $6,000 region. The subsequent rallies from this price…
