News

The BTC/USD price could not surge over the barrier at $9.5k, leading to its plunge. It may rise or fall significantly depending on the coming days. Yesterday, the BTC/USD pair experienced a short-term incline over the border at $9.5k. The price continued over the $9.6k level and attained a fresh high in 2020 at $9609. However, the buyers failed to sustain the price over the significant $9.5k barrier. Therefore, a new fall ensued under $9.4k and the 100 hourly SMA.…

Cryptocurrency adoption is increasing exponentially worldwide,  and several nations are working to introduce and launch their Central Bank Digital Currency (CBDC).  In an interview, the Wazir X CEO, Nischal Shetty, expressed that India should look into launching its CBDC. Shetty also talked about his bullish view concerning cryptocurrency and blockchain adoption in India, based on how the non-tech individuals are striving to comprehend DLT in a country like India. He says that there will be access to capital, and it…

The CEO of Mastercard, Ajay Banga, recently talked about why the firm left the Libra association in an interview with the Financial Times.  Facebook also added Mastercard, Visa, Paypal, and Stripe, as members of the Libra association. However, they abandoned the association in October last year without any appropriate explanation. There were, nevertheless, rumors that they feared running afoul of regulators. Reasons Why Mastercard Left Libra Association According to Banga, Libra lacks transparency, and compliance is also a significant reason.…

The US is experiencing declines in the market sector, and people blame it on the coronavirus pandemic. Nevertheless, Peter Schiff, a Bitcoin critic, believes that investors are leveraging the outbreak to sell the market. In January, the cryptocurrency market experienced uptrends that made ETH, BTC, and LTC gain more than 20%. However, the US market declined, leading to the attainment of 2019’s lows. Recently, the Chinese market also decreased by 8% despite PBOC pumping $174 billion. Schiff on Twitter about…

For a while, criminals have used Bitcoin and other cryptocurrencies, and this can get traced back to the Silk Road days and when the ICO bubble was ongoing. On the other hand, Lawmakers tried to prohibit cryptocurrency technology, but eventually, some now embrace it. However, there are many global watchdogs trying to regulate the domain. At the last edition of  ‘off the chain’ podcast, Doney spoke about cryptocurrency transactions. Doney is the CEO of Securency; he supports the privacy aspect…

The BTC/USD pair is currently seeing better days, having gained enough momentum to jump over the $9,550 resistance mark. It is highly likely to drift away from the head and shoulder pattern. It appears that the pair is in a prime position to rally over $10k. In the past week, discussions of a possible head and shoulders pattern formation were held following the pair's price movement under $9.5k. The price made a downside slide under the $9.3k mark, but the…

About a week ago, Bitcoin Blast was taken down by google from the google app store. The app involves a gaming service that rewards players with Bitcoin. However, the well-known puzzle game has finally been restored. Google scrapped the app from its store following accusations made on social media that they made deceptive offers. Nonetheless, Bling's CEO, Amy Wan, said Google was not clear on what grounds Google decided to remove the app. Wan is in strong support of the…

This year, Bitcoin has surpassed many hurdles while performing beyond many people’s expectations. The performance has seen the cryptocurrency impressively move from $7k to $9k, an upsurge that took place only in weeks. At press time, BTC value was standing at the $9,355.88 mark. In a recent interview, Galaxy Digital’s Mike Novogratz spoke about his assurance that Bitcoin’s price would perpetually rise this year. Novogratz says the significant size of liquidity spreading around the United States economy combined with the…

Reports from recent times have shown that Zebpay, the Singapore-based cryptocurrency exchange platform, has made a comeback to the Indian market. Zebpay has been closed in India for more than a year. The closure came about due to India’s cryptocurrency market suppression as the RBI cut off financial services to exchanges months before. Zebpay closed up shop in India on 28th September 2018. However, on 29th January, the IBS intelligence announced Zebpay would finally continue to avail its services for…