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Can Cryptocurrency be Weaponized to Derail US Electoral Process
A US Senate committee was convened yesterday to hear out the issue of cryptocurrency potentially being used to influence future elections as primaries were being held in several states.
Bitcoin is a Weapon
As reported, the senators were gathered to h...
Bitcoin Price Watch: Can BTC/USD Hold $6,000?
Key Points
Bitcoin price struggled to gain traction and moved below the $6,200 support against the US Dollar.
Yesterday’s highlighted important bearish trend line with resistance at $6,200 is acting as a barrier on the hourly chart of the BTC/USD pa...
Crypto Analyst Believes Bitcoin Could be Nearing Price Bottom
Many in the cryptocurrency community thought that Bitcoin bottomed at $6,000, as it held over that price level for weeks on end. However, Bitcoin dropped under $5,800 on the weekend, leading some to believe that Bitcoin’s price could move even lower....
Here We Go Again, Another $12 Billion Dumped From Crypto Markets
Red dominates crypto land, only Qtum survives today. EOS, Tron, OmiseGO and Zcash get hammered.
Crypto traders and investors are probably dreading getting up each morning now to see markets plummet once again with seemingly no end in sight. Over the...
Bitcoin (BTC) Price Watch: Slow and Steady Downtrend
Bitcoin Price Key Highlights
Bitcoin price is finding resistance at the short-term descending trend line and area of interest.
If the downtrend resumes, bitcoin could tumble to the Fibonacci extension levels next.
Technical indicators confirm that t...
Tron(TRX) Slides after Postponement of Super Representative Elections: IOTA, EOS, Tron, Stellar Lumens and Litecoin Technical Analysis
Yesterday we were supposed to see the final push and declaration of Tron Independence. But as with all mainnet launches in this space, it’s but a disappointment. Coin migration from Ethereum is still in progress and this mean Tron election of their 2...
Fiat-to-Crypto in the Philippines Approaches $40 Million Per Month Despite Price Woes
A central bank official has said that digital currency conversions in the Philippines — a country where the coins are considered legal tender — hit nearly $40 million in recent months.
Central Bank’s Crypto-Friendly Policy
Conversions from pesos to...
US Federal Economic Database Adds Crypto Data, Brings More Legitimacy to the Market
The Federal Reserve Economic Data (FRED) database, a governmental database, is reported to have added four cryptocurrencies to it.
FRED Introduces Coinbase Data to Its Database
On June 19th, a FRED publication noted that cryptocurrency data compiled...
Facebook Has a Change of Heart, Reverses Ban on Most Crypto-Related Offerings
Facebook has reversed its ban on cryptocurrency ads and will now permit pre-approved advertisers to promote crypto-related services on the social networking platform.
Facebook Reverses Ad Ban
Facebook will permit crypto-related businesses like excha...
EU Report: State Cryptocurrencies Could Create a Stable Financial System
An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to use cryptocurrencies,...