Cryptocurrency

BTC/USD has reversed the gains of the day amid sharp sell-off. The coin needs to regain ground above $9,000 to improve the short-term picture. BTC/USD dropped from the intraday $9,476 to $8,547. The first digital coin lost nearly $1000 in a matter of hours before recovering to $8,8820 by press time. Despite the sell-off, BTC is still 10% higher from this time on Wednesday. A sustainable move below $9,000 has created a strong bearish momentum; however, the coin is heavily bought on the dips. BTC/USD: Technical picture As we have already mentioned, the technical indicators on the intraday charts signaled that the downside correction may be underway. Once the price moved below the psychological barrier $9,000, reinforced by the upper boundary of the 4-hour Bollinger Band, the sell-off pressure increased and pushed the price towards $8,500 where new buyers emerged. Now the local resistance is created by the middle line of the 1-hour Bollinger Band $8,900 followed by $9,000. A sustain...

Japan's Financial Watchdog Certifies Two Cryptocurrency Regulatory Organizations - Cointelegraph Japan's Financial Watchdog Certifies Two Cryptocurrency Regulatory Organizations - Cointelegraph Cryptocurrency Market Update: Bitcoin whales claims rally to $9,500 is a pump and dump movie - FXStreet Microsoft Would Like to Use Your Brainwaves to Mine Cryptocurrency, Please - Popular Mechanics Japan's Financial Watchdog Certifies Two Cryptocurrency Regulatory Organizations - Cointelegraph Posted: 30 Apr 2020 06:03 AM PDT Japan's Financial Services Agency (FSA) has certified two local organizations as Certified Financial Instruments and Exchange Associations. According to an April 30 announcement , the FSA has recognized the Japan STO Association and the Japan Virtual Currency Exchange Business Association (JVCEA) as self-regulatory groups for derivative transactions and security token offering...

Tezos Becomes Latest Blockchain to Tap Chainlink for Oracle Services - CoinDesk Tezos Becomes Latest Blockchain to Tap Chainlink for Oracle Services - CoinDesk Bitcoin Boom Roils Markets, Andreessen Horowitz Raises $515M - CoinDesk How Blockchain Disrupts Acquiring, Remittance and Corporate Settlement - Cointelegraph Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors - CoinDesk Tezos Becomes Latest Blockchain to Tap Chainlink for Oracle Services - CoinDesk Posted: 30 Apr 2020 06:12 AM PDT Pricing feed protocol Chainlink has integrated with yet another blockchain, this time Ethereum rival Tezos. Announced Thursday, Chainlink's decentralized pricing oracles will provide real-time data for Tezos community projects after teaming up with Smart Chain Arena and Cryptonomic, a pair of independent Tezos developers. Pricing oracles like Chainlink provide the infrastruc...

Litecoin bulls renew their strength thrusting the price above $50. LTC/USD remains technically intact for another lift-off to $70. Following the free-fall in March where Litecoin sunk to test support at $25, buyers have been keen on reversing the trend and pulling to levels achieved in February. Recovery has not been rapid in the past six weeks but the progress made from mid-April has been significant. The consolidation between $40 and $45 was also instrumental in the breakout and the ongoing price action above $50. Litecoin has adjusted from an intraday high at $50.87 but bulls are holding onto to the 3.48% growth made in the day. Slightly above the intraday high, LTC/USD will face more resistance at the 20-day SMA. It is expected that the bullish action could significantly extend upwards if the seller congestion at the 200-SMA is overcome. Technical indicators such as the RSI and the MACD have strongly aligned in support of the prevailing positive technical picture. In other wor...

The Bitcoin bulls are further extending to the north in the latter stages of the day, now holding chunky double-digits gains of some 12% at the time of writing. Momentum really picked up pace as the price shot through the $8400-500 price range. BTC/USD is now trading up at the highest levels seen in some three weeks. The price has been running higher for some nine sessions now, gaining pace to the north, as key barriers are broken; $7000, $7500, $8000, and now $8500. Ethereum Price Analysis: ETH/USD Bullish Momentum Is Growing Following Reclaim Of $200 Following the move back above $200, there will be room for a fast return back up to $250, the next major upside barrier and then $280. It is also worth noting the bulls were able to break down a descending trend line, which had been in play since 15 February.  Litecoin Price Analysis: LTC/USD Bull Flag Breach Attractive Greater Buying Confidence Litecoin price is trading in positive territory by 3.35 % in the session on Wednes...

Denys Serhiichuk Can the price movement of XRP be an example for other top coins to follow? The cryptocurrency market has shown a quick rally over the past 2 days, followed by the growth of Bitcoin (BTC) up to $9,500. At the moment, some of the top 10 coins are already in the red zone, while the main crypto is dominated by bulls. Top 10 coins by Coinstats The sharp growth of the cryptocurrency market has positively affected its market cap, which has risen by $10 Bln over the past day with its value now at $240.5 Bln. Market capitalization The relevant data for XRP is below. The data is relevant at press time. XRP/USD: Can bulls maintain the ongoing growth to $0.25? XRP is the first coin from the top 3 list that has already started its correction after yesterday's rally. The price of this crypto has dropped 2.17% over the past 24 hours. However, the rise over the past week has amounted to 14%. XRP/USD chart by TradingView On the 4H chart, the current de...

Bitcoin and cryptocurrencies have long struggled to find their place on some of the world's biggest technology platforms. Twitter, whose chief executive Jack Dorsey has emerged as one of Silicon Valley's biggest bitcoin proponents, is plagued by crypto scams—despite the likes of Tesla boss Elon Musk raising concerns. Now, some influential members of the bitcoin and crypto community have complained Twitter has "shadow-banned" them, limiting their reach and impressions. MORE FROM FORBES Donald Trump's China Nightmare Is Coming True For The U.S. Dollar By Billy Bambrough Twitter chief executive Jack Dorsey has praised bitcoin and cryptocurrencies but has previously ... [+] admitted Twitter needs to improve its algorithm. Getty Images "They’re doing it, people," tech investor and founder of bitcoin and cryptocurrency news and analysis website The Block, Mike Dudas, said. "Crypto Twitter has been shadow-banned. I’ve noticed this on my account ...