French authorities have arraigned the ex-administrator of recently-shuttered cryptocurrency exchange BTC-e and Russian citizen Alexander Vinnik. According to a report by Bloomberg on the 28th of January, Vinnik’s attorney confirmed that he will stay in France to face the indictment against him following his extradition from Greece. An unidentified official from the prosecutor’s office disclosed […]
• A bearish correction could play out if BTC volume keeps moving against its price. • Bitcoin paused after gaining $1200 in three days, although bullish setup remains valid. Reaching $9400 yesterday, Bitcoin’s price has seen a lot of gains over the past weeks after rising by a total of 40% since December 2019. The […]
GBPJPY Price Analysis – January 29 After trendless trading activity in the prior session, the pair met some new supply on Wednesday and was suffering from a host of negative sentiments. GBPJPY held onto its weakest defeat, beneath 142.00 level and stays well within close distance of the three-week lows set in the prior session. […]
XAUUSD Price Analysis – January 29 Gold Buyers looking for stability and while returning towards $ 1,580 level. On Wednesday, risk appetite failed to provide a guiding path for safe-haven gold as investors take a break from coronavirus epidemic toplines. Key levels Resistance Levels: $ 1625, $ 1595, $ 1580 Support Levels: $ 1567, $ […]
The city of Zermatt, Switzerland, the dwelling place of the renowned Matterhorn, has become the second region in Switzerland to begin accepting tax payment in Bitcoin. The administration of the Swiss city has entered an agreement with prominent Swiss-based cryptocurrency financial services enterprise Bitcoin Suisse for this undertaking to be possible. Reason for the Alliance […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,400, 7,300, 7,200 FTSE 100 (UKX) Long-term Trend: Ranging Today, FTSE 100 stock is bouncing upward and it has risen to the high of 7486. Recently, the stock fell to a low of 7400 after being resisted from the high of 7,700. FTSE 100 stock has been […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin has climbed above $9,200 and has broken the resistance. The pair traded and reached the $9,389 resistance, a sensitive historical price level. In October, BTC consolidated above this price level for two weeks and it […]
• Bitcoin’s price now stuck at $9400 but could resume uptrend once buyers regroup • If Bitcoin resumes buying, the price might hit $10000 in the coming days. After surpassing the $9150, Bitcoin’s price further increased but now the price stuck around $9400. The price could correct healthily at $10000 if BTC keeps rising. Otherwise, […]
USDCHF Price Analysis – January 29 USDCHF challenges gravity in a series of consecutive daily gains within its rise from its lowest on December 31 and this despite the lowest levels in the ten-year Treasury yield since October 9 last year. Markets fear the spread of the Coronavirus and the threat of infection in global […]
