Cryptocurrency & Blockchain breaking news

The US Federal Reserve Board and Fincen are proposing to extend the definition of money to include cryptocurrency. This move might prove that financial regulators are willing to admit digital money as a payment method while opening up new possibilities for it. On the other hand, this might also mean a strengthening of control.

Ethereum (ETH) price analysis, October 26, 2020. Ethereum price upward move is stuck below the $420 resistance as the bulls were compelled to a sideways move. In other words, Ether is fluctuating between $403 and $420.

Bitcoin (BTC) price analysis, October 26. Following its recent rally to $13,200 high, Bitcoin has resumed a sideways trend.

Yesterday, buyers attempted to push BSV above the $180 overhead resistance. The upward move is facing resistance. If buyers turn down from the resistance zone, the sideways move will resume.

Since October 22, the Binance Coin uptrend has been interrupted at the high of $31.20. In retrospect, On September 14, BNB had already faced rejection when it attained its peak price of $32.00.

Ethereum upside momentum is likely to continue as bulls break the resistance at the $395 high. Expectantly, the market may reach a high of $440 as price movement will face little resistance.

In the last 48 hours, buyers broke the $0.26 overhead resistance but the bullish momentum reached the price at $0.26392 before it was repelled. Since September 25, XRP has not been able to trade above the overhead resistance.

Expectantly, BCH is in an uptrend as the coin trades in the bullish trend zone. Buyers are in control as they push prices above the $250 support level.

The anti-terrorist squad and state police of Riga, Latvia, have arrested a man who was planning to kidnap and kill two people to steal their cryptocurrencies worth half a million euros.