Could the Russian Central Bank Try to Ban Bitcoin Mining?


Cryptocurrency enthusiasts and business insiders have reacted with alarm to a recent interview given by the head of the central Bank of Russia’s legal department hinting that cryptocurrencies could be outlawed in the country – leading to a possible block on Bitcoin (BTC) and altcoins mining. Recent...

Ethereum and XRP Test Supports


The broader crypto market once again saw some selling on Wednesday, although the pace of the sell-off has certainly slowed and the market appears to be searching for firm support. For major coins like ethereum (ETH) and Ripple’s XRP, that means looking for chart levels from as far back...

Steem Moving to Hive to Evade Justin Sun's Control


Source: @SolitudeAU, Twitter The Steem (STEEM) community has decided to end the battle with Justin Sun and the Tron Foundation, but in a way that no one saw coming. In order to escape Sun's grasp, the leaders of this Medium alternative are packing their bags and moving Steem altogether. The Steem...

Interest in BTC Futures Drops Amid Discussions of Financial Market Closure


Despite record-high volatility in bitcoin (BTC), derivatives traders appear to be pulling money out of the market, while a “rush to cash” becomes the overarching theme for the financial markets. The moves in bitcoin follow major volatility in the traditional financial markets, where some of...

Bitcoin and Altcoins Correct Gains


Yesterday, we saw a decent upward move in bitcoin price above the USD 5,000 resistance area. BTC/USD even climbed above the USD 5,200 and USD 5,350 resistance levels. However, BTC/USD struggled to gain traction above the USD 5,500 resistance and it is currently (08:30 UTC) correcting...

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