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Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin breaks below $9,500, a crucial support level, a day after breaching it to the upside. The cryptocurrency pared its intraday gains ahead of Donald Trump’s retaliating press conference on China’s national security law for Hong Kong. Its downside move laggingly tailed a similar price action in the S&P 500. The U.S. benchmark closed Thursday down 0.2 percent. Bitcoin traded …
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Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies.” The People’s Bank of China adjusts the rate …
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MarketCap24hr March1st

Coinbase Now Supports Tezos Staking Rewards for UK and Some EU Users

Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries. Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European countries.In an announcement on May 28, the exchange revealed that users in the U.K., France, Spain and the Netherlands are …
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Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan

“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co. “There is no country with more to lose from the disruptive potential of digital currency than the United States.”So goes the stark warning from analysts at the U.S.’ largest bank, JPMorgan Chase, in a …
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Ethereum Could Stage Strong Rally As Double Bottom Pattern Emerges

Ethereum nosedived below the $202 support zone against the US Dollar. ETH price revisited the $192 support and it seems like there is a key double bottom pattern forming near $192. Ethereum declined more than 5% and it tested the main $192 support zone. It seems like there is a double pattern forming near the $191-$192 zone. There is a …
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Featured Exchange - Swapcoins.com

Featured Exchange - Swapcoins.com
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