France Appoints a Cryptocurrency ‘Mission Leader’

France Appoints a Cryptocurrency 'Mission Leader'Week after week regulators and governments have been announcing plans to regulate digital currencies like bitcoin. This week in France on January 15 the Minister of the Economy Bruno Le Maire announced his decision to create a “digital currencies mission” and a working group that will work towards regulating cryptocurrencies. In addition to the digital […]

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Ethereum Classic Price Technical Analysis – ETC/USD Declines Below $40

Key Highlights Ethereum classic price after a decent upside move faced sellers near $47-48 against the US dollar. There is a declining channel forming with resistance at $40.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may continue to move down and it could test the $34.00 or even … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Declines Below $40

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Ripple Price Technical Analysis – XRP/USD Under Immense Pressure

Key Highlights Ripple price is currently under a lot of pressure and is currently trading below $1.70 against the US Dollar. There is a short-term bearish trend line forming with resistance at $1.7050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher, but it faces a … Continue reading Ripple Price Technical Analysis – XRP/USD Under Immense Pressure

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Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown

Companies Deny Having Bitcoin or Blockchain Services Amid China’s ClampdownAfter Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated much profit for the company. Also Read:China’s Regulatory Authority Warns About Risks of Initial Miner Offerings Produce […]

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