Materials by tag Cryptocurrency

The government of Ukraine will start overseeing all Bitcoin and cryptocurrency transactions, however, the current minister of finance has acknowledged that it is not virtual tokens but fiat currency which villains, fraudulent and corrupt public workers take advantage of.

Litecoin bounces as it makes an upward move to revisit the $62 resistance. On January 17, the bulls made their first attempt to break the resistance at $62 but were resisted. It is anticipated that if the bulls break the $62 resistance, LTC will rally above $66.

There seems to be a new view in China about how it should respond to the possible issues posed by Libra, Facebook's cryptocurrency. It has been suggested that the country should turn to working with other blockchain and Bitcoin friendly nations to regulate the industry, instead of quickly establishing its individual option means of payment.

At the international level, the framework is being composed thanks to the indisputable initiative of Switzerland in particular that on the issues of the new regulation for cryptocurrency / tokenization in financial markets is leading the way and laying the foundations for the construction of many experimental projects and to build those experiences that then allow to "write the actual rules".

A conference on digitalization will be held at the Hilton Moscow Leningradskaya on March 12, 2020. Issues such as state regulation of digital technologies, their impact on business, legal practice, etc. will be considered.

XRP is bouncing at the $0.21 low, after a disappointing fall from $0.25 on January 19. Buyers have steadily moved the price to $0.23. In the same vein, if the bulls pick up the same momentum and push the price over $0.23, a rally above $0.25 is probable. Aggressive buyers can extend the momentum to $0.31.

From a more technical point of view, a token can be understood in the same way as an algorithm implemented as a Smart Contract, executed on blockchain. Each Smart Contract contains an address list that allows you to find those who can have the tokens and their balance.

The market recovery for the cryptocurrency sector greatly increases global capitalization and price of several binary coins. To motivate the bullish uptrend some good news and the usual cascading effect.

Today, Ethereum is falling as a confirmation of its oscillation between $157 and $173. The price movement has remained the same since January 19. The price is on the downward move after its resistance at $170. The fall is supposed to extend the low of $157 and then the sideways move will follow. Nonetheless, if the bears break the support at $157, Ethereum will decline to a low of $144 or $136.