Coinidol

Italy is known for favouring innovative technologies such as blockchain. Now, the country is trying to implement the tech in its banking sector. The Italian Banking Association announced that 100 of the country's banks have applied the Spunta solution for the banking sector.

In the last 48 hours, BTC rebounded to break the $11,500 resistance and to reach the $11,609 high. The price has retraced to the support above $11,400 for a possible upward move.

The recent rally to $0.26 high has been invalidated has buyers failed to sustain the current uptrend. Sellers were overwhelming as the price was pushed to the $0.24 low.

Ethereum (ETH) price analysis. October 8, 2020. Ether is on a downward move because the biggest altcoin fails to rebound above the $350 support.

Back in July 2020, CoinIdol, a world blockchain news outlet, received an email from one of its readers that wished to stay anonymous saying one was scammed by a project called PrepayWay. Later on, another reader, Sempiira Joseph Nyagwa claimed he was also scammed by the project runners.

In its current upward movement, Ripple has been consolidating between $0.195 and $0.205 after the bull failed to break the $0.21 resistance. Before now, buyers were able to push XRP to $0.21 high because the coin rebounded and rallied to $0.21 high on July 8.

After the incursion into the $248 and $245 highs, Ethereum bulls failed to push ETH above the $253 overhead resistance. Yesterday, the price dropped to $238 low after buyers failed to breach the $245 resistance.

Coinidol.com, the world blockchain news outlet, has launched a new project called "Coinidol Expert Club", that will help new names to rise among well-known world experts in the field of Blockchain, Bitcoin and Financial technologies. The names of experts, that enter the club, will become popular among the readers from 174 countries of the world that visit Coinidol.com 1 million times per month. The best members of Coinidol Expert Club will be quoted by authors of editorial articles on Coinidol.

For the past week, IOTA has been trading between $0.21 and $0.23 after the bulls attained the peak price of $0.26 and the coin reached the overbought reason.