Key Resistance Levels: $140, $160, $180 Key Support Levels: $80, $60, $40 BSV/USD Long-term Trend: Bearish Bitcoin SV has been relatively stable since September. The bulls have efficiently defended the $80 support level. The bears have not been able to break below the support in the last three months. In September, the bears tested critical […]
The Bank of Korea (the apex bank of South Korea) has announced its plan to put together a team to study the ins and outs of creating and operating a central bank-issued digital currency by the year 2020. The BOK announced on the 27th of December in its monetary policy briefing for 2020, adding that […]
Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2, $1 ATOM/USD Price Long-term Trend: Bullish Cosmos is now in a bull market. Currently, the coin is trading below the $4.50 resistance. In retrospect, the bear market was terminated at a low of $2 and the coin rebounded. The upward move was resisted at […]
The North American Securities Administrators Association (NASAA) has listed cryptocurrencies as one of its perceived risky investments for 2020. NASAA is one of the oldest global investor security community. The group has published its official list of investments or businesses to avoid next year. For this listing to be possible, the group gathered information from […]
The Uzbekistan government has issued a warning to its citizens to desist from trading cryptocurrencies. The restriction was instructed by the National Project Management Agency of the country, which prohibits citizens from trading even on prominent exchanges. The news was published by a local media house on the 25th of December. This announcement left the […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $40, $30, $20 XMR/USD Price Long-term Trend: Bearish Monero is still in a bear market. The coin has been trading above the $45 support since November 25. Monero is falling and making a series of lower highs and lower lows. On November 25, the coin traded […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin is in a bear market as the coin recovered from its last bearish move. On December 18, the coin sank to the low of $36 and moved up. LTC moves up to the high of $43 […]
Chinese media house, CCTV, announced on the 22nd of December that the Chinese authorities have confiscated about 7,000 cryptocurrency mining machines, which were reported to be illicitly expending power in the country. The arrogation of the machines was a product of a routine inspection of properties in the area. In total, 70,000 homes, 3,060 vendors, […]
Popular Chinese Blockchain firm, Nuls, tweeted from its official Twitter handle on the 22nd of December that it had been hacked and had lost about $480,000 (in NULS coins). The firm explained in the tweet that it noticed that 2 million coins had been stolen from its storage and about 549,000 of those coins (valued […]
