The government of India is preparing a nation-wide model to give backing for blockchain utilization in the country. The minister of state for electronics and IT Sanjay Dhotre announced on the 27th of November that the administration is formulating blueprints to release a National Level Framework that talks about the prospects of distributed ledger technology […]
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Ripple (XRP) is slowly recovering from a six-month low of $0.20 over the last three days of trading. Currently, the market is correcting gain of about +2.63. Though the long-term bearish bias remains dominant as there’s hope for reversal if the bulls can reclaim the $0.30 resistance. Nonetheless, the weak buying pressure is still […]
Read moreIn recent times, the UK geopolitics has made major headlines on account of Brexit. The history of Brexit dated back to June 23rd, 2016 in which a 52 percent vote cast in a referendum was in favor of the exit of Britain from the European Union. Brexit which was initially planned to occur on March […]
Read moreKey Resistance levels: $220, $240, $260 Key Support Levels: $150, $130,$110 ETH/USD Long-term Trend: Bullish Recently, Ethereum had a selling pressure as the bears broke the dashed line (blue lines) at $150 and the price fell to the low of $135. After the coin falls, the market pulled back but ETH is currently facing resistance […]
Read moreBitcoin records a new weekly high at $7600 following the recent price increase that allowed the buyers to overcome the $7400 resistance-turned-support. BTC is currently correcting a gain of 5.12% after witnessing significant volatility and volume under 24-hours. There’s a more positive move for Bitcoin if the buyers can remain active in the market. However, […]
Read moreBarely two days after safe-haven metal touched down on a 2 week low due to the progress made in the trade talks between two top economies, US and China, Gold is steadily regaining momentum as it traded at $1,459.10 per ounce as against last Tuesday price of $1,450.30. Earlier on in the week, the trade […]
Read moreGBPJPY Price Analysis – November 27 Against the pound sterling, the Japanese yen has recently experienced a decline in its net position. This briefly pushed the outlook for GBPJPY Sentiment to strengthen the position of buyers. As such, the combination of current sentiment and recent changes gives us a more contrasted GBPJPY trading bias. Key […]
Read moreBitcoin’s volume has been trading below $150 billion over the past few days due to liquidation which has stalled price movement below $7300 since Monday. Despite that, BTC dominance has continued to hold 66% of the market share for months. With the market cap statistics, there seems to be a sign of optimism from the […]
Read moreFollowing the recent positive move, Bitcoin has seen a quick gain of 1.77% in less than eight hours, making BTC trade at $7300 at the moment. Earlier today, the market was under a lot of bearish pressure but considering the latest buying that led to a channel breakout on the 15-minutes time frame; Bitcoin may […]
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