Bitcoin is at lowest level since May 2019. What to expect now in Technical Analysis ? Bitcoin is at lowest level since May 2019. Bitcoin bloodbath is not ready to stop and it again crashed to $6600 with the start of new week. This possibility was already express by us on our telegram channel on Friday. "$7k - $7100 is important support for now as per Fib. It should respect it but once it close below in day candle will find next support around $6600" And now if you look at the
Manny Pacquiao launches his own cryptocurrency on Sunday. On Sunday in a free concert, Manny Pacquiao launched his own cryptocurrency by the name of "Pac" Token. Pacquiao launched his token with the financial support of investors like England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi’s ruling family. Pacquiao is a Filipino professional boxer and politician, actor and currently serving as a senator of the Philippines. Pacquiao is reg
According to an anonymous investor in the TON project, the Telegram open network blockchain public testing may launch on the first day of September. According to the report published by the Russian news agency Vedomosti, An anonymous investor shared this information. He received this information from the TON project development team. According to the news agency, Telegram Open Network (TON) node software for public blockchain testing and all its related documents can be relea
Real estate is the most preferred investment asset for rich Indians, but now they are thinking of investing in cryptocurrency as well. According to the Hurun Indian Survey, wealthiest Indians called as High Net-Worth Individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies as they believes cryptocurrencies are good investment. This news was first reported by local Indian english news agency Financial Express on 30th Aug. 2019.
The Portugal's tax authority has clarified that Cryptocurrency trading and payments in Portugal are now tax-free. Jornal de Negócios, the local Portuguese newspaper published this news on 26 Aug. 2019.
According to the Portugal’s Tax Authority, both cryptocurrency trading in real currencies and remuneration or any kind of payments in cryptocurrencies are exempt from value-added tax (VAT) and there is no income tax on cryptocurrency earnings in Portugal. People in Portugal w
The Bitcoin price is trading at $9,556 at press time, marking a 6.34% price decrease. All the major cryptocurrencies like BTC, ETH and XRP dropped sharply in price. Within 35 minutes bitcoin dropped by about 6%, falling from over $10,250 to $9,650. Bitcoin is now getting support at $9400. Now 3 important things to consider as Technical analysis :
1. Bitcoin has support and reversal from 0.382 level according to one of the important trading indicator fibonacci retracement. Bi
One of the largest and well-known Indian cryptocurrency exchange WazirX announced Smart Token Fund ( STF ) today. Now WazirX users will be able to launch their own crypto funds where other users can invest just like they do in mutual funds. Yesterday on 27 Aug. 2019, Founder and CEO of cryptocurrency exchange Nischal Shetty shared this information from his twitter handle. Excited to share STF with all of you! We'll be revealing it and inviting early access requests tomorrow!
Working on two futures trading platforms, which platform to launch first. According to the latest announcement by Binance CEO Changpeng Zhao on twitter, They have invested in two futures trading platforms, both of them are ready. Both the platforms are slightly different and very competitive from each other. They are working, which platform to launch first or they might launch both. According to CZ, Binance will be going to launch one of the platform definitely in the month o
One of the largest crypto exchange in the world, Binance has recently been accused for having relations with well know pyramid scheme known as Cloud Token. On twitter, Alex Saunders recently tweeted with one image that CTO of the Cloud Token named Ronald Aai, claims that he is invited by Binance to become a panelist in Consensus event. He also asked Binance and Binance CEO Changpeng Zhao for clarification. Binance CEO immediately replied to the tweet and cleared that he is no
The Swiss financial regulator FINMA has given banking and securities dealer licences to two new “crypto banks” SEBA and Sygnum. SEBA and Sygnum issued a statement today on 26 Aug. 2019. According to SEBA: The licence is granted on a conditional basis and will come into effect once SEBA fulfils all the secondary criteria specified by FINMA. SEBA expects to be operational in October 2019 after these criteria are met. And according to the official announcement by Sygnum: Sygnum