According to a Brazil federal deputy, Aureo Ribeiro, Bitcoin (BTC) could soon become a recognized currency for payments in Brazil. Ribeiro noted that the potential approval of Bill 2.303/15, which focuses on cryptocurrency regulation, will create new uses for crypto holders, including purchasing houses, cars, and other products. These comments come following the approval of […]
Read moreRipple Labs has registered another snack win in its ongoing lawsuit with the US Securities and Exchange Commission (SEC) after US District Judge Analisa Torres granted the status of “amici curiae” to the XRP community in the lawsuit. Prominent XRP advocate and lawyer to the blockchain startup John Deaton also received special status from the […]
Read moreS&P 500 Price Analysis – October 6 S&P 500 fluctuates around its intraday low, down 1.25 percent on the day under the 4,300 level in the early hours of Wednesday. Following severe losses early in the week, major equity indexes in the United States continue lower, owing to market sentiment. As of writing, the S&P […]
Read moreSTELLAR Price Analysis – October 06 Stellar price may increase to $0.35 levels and may penetrate the level and extend to $0.48 provided the bulls are able to push the price above the resistance level of $0.42. In case the buyers defend the resistance level of $0.35, price may continue its bearish movement towards the […]
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The internet has mostly devolved into a centralized ecosystem under the control of governments and tech companies. However, with the introduction of cryptocurrencies and blockchain-based solutions in various industries, blockchain technology has proven to be revolutionary in increasing transparency through decentralization. By introducing decentralized web hosting, blockchain technology has proven the ability to disrupt this […]
Read moreThe pound sterling is currently the stronger currency, aided by buying against other European majors. The Kiwi is firmer as well, awaiting the RBNZ rate hike tomorrow, followed by the Dollar. The Swiss Franc, Yen, and Euro, on the other hand, are the softer currencies. After an unremarkable RBA decision earlier in the day, the […]
Read moreUSDCHF Price Analysis – October 5 After recovering from lows the USDCHF is returning to levels near 0.9300 as the US dollar regained lost territory after three consecutive days in the red. The dollar has gained ground versus most of its main rivals on Tuesday, owing to higher US Treasury yields and a reasonable appetite […]
Read moreKey HighlightsLitecoin is facing rejection at the $175 overhead resistanceThe altcoin targets the $200 high Litecoin (LTC) Current StatisticsThe current price: $169.41Market Capitalization: $14,235,876,250Trading Volume: $2,756,422,622Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis October 5, 2021Since September 29, Litecoin’s (LTC) has been trending as price breaks above the […]
Read moreEURCHF Price Analysis – October 5 EURCHF is approaching strong support levels after slipping off the 1.08360 stronghold. On its way down, price tried to revive around the 1.07830 price level on October 1st, but the market was ultimately beaten down and the euro remained in a weakening position against the Swiss franc. The downward […]
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