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Indian Government Clarifies Position on Cryptocurrency and Digital Rupee


The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...

XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges


It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged. At the time of writing (13:41 UTC),...

Crypto Market Sentiment Leaves the Positive Zone; XRP Wins the Week & Day


As bitcoin (BTC) fell from its recently reached new all-time high, and with the ongoing market volatility over the past week, the market sentiment dropped out of the positive zone it had reached just a week ago. The combined moving 7-day average crypto market sentiment score (sentscore) for the...

Crypto Market Sentiment and 5 of Top 10 Coins Enter the Positive Zone


With the market rallying over the past week, and bitcoin (BTC) breaking one all-time high after another, the market sentiment entered the positive zone and stayed there even after a sharp correction this Monday. The combined moving 7-day average crypto market sentiment score (sentscore) for the...

New High for Bitcoin, Altcoins Show Positive Signs


There were additional gains in bitcoin price above the USD 29,500 level. BTC traded just above USD 29,650 and formed a new all-time high. It is currently (13:00 UTC) showing signs of more possible gains above USD 29,650 and USD 29,800. Similarly, many major altcoins are showing bullish signs....

Bitcoin and Altcoins Show Positive Signs


After a downside correction below USD 26,500, bitcoin price found support near the USD 26,000 region. As a result, BTC started a fresh increase and it broke the USD 26,500 resistance zone. It is currently (13:00 UTC) showing positive signs, but it must settle above USD 27,250 for a sustained upward...

Crypto Market Sentiment is Back in the Positive Zone; BNB Wins the Week


The end of the year is nearing, the market is hit with increased volatility, and the market sentiment is climbing. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization is back in the positive zone, even if just barely. Last week...

Bitcoin Just Shy of USD 20K, Altcoins Show Positive Signs


After forming a support base above USD 19,000, bitcoin price started a fresh increase. BTC broke the USD 19,500 resistance and it even spiked above USD 19,800. The price traded to a new yearly high above USD 19,880 and it is currently (13:00 UTC) eyeing a break above USD 20,000. Similarly, there...

Crypto Market Sentiment Drops; Only Bitcoin & Ethereum in Positive Zone


With the second week of December came a drop in the market sentiment. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization fell from 5.94 to 5.45 over the past seven days - relatively far from the positive zone border around which...

Bitcoin and Altcoins Bulls Show Positive Signs


There was an upside break in bitcoin price above the USD 19,000 and USD 19,200 levels. BTC even climbed above USD 19,400, but it struggled to surpass the USD 19,500 resistance. The price is currently (13:00 UTC) trading above USD 19,200 and the bulls push for a retest of USD 19,500 in the near...

Crypto Market Sentiment at the Verge of Positive Zone; Stellar Takes Top


On this last Monday and last day of November, we find the combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization standing at 5.98 - and even though it's just slightly higher than last week's 5.92, it's now just below the positive zone...

Pakistani Regulator Shows Positive Signs To Growing Local Crypto Market


Financial regulator Securities and Exchange Commission of Pakistan (SECP) is seemingly leaning toward a more liberal stance on crypto regulation in the country with over 212m people, which is already one of the top emerging crypto markets, a recent position paper indicated. The SECP admitted that...

Crypto Market Sentiment Improves, Bitcoin & Ethereum In Positive Zone


The combined moving 7-day average crypto market sentiment score for the top 10 coins by market capitalization remains in the neutral zone, though it has grown to 5.62 from last week’s 5.28, shows the crypto market sentiment analysis service Omenics. As bitcoin (BTC) is holding above USD 16,300,...

Bitcoin and Altcoins Show Positive Signs, Litecoin Shines


Bitcoin price remained well bid near the USD 15,800 level and recently recovered above USD 16,000. BTC even climbed above USD 16,200, but it is currently (13:00 UTC) struggling to clear the USD 16,350 resistance level. The main hurdle for a larger rally is now near the USD 16,500 level. Besides...

Bitcoin Stuck In Range, Ethereum and XRP Show Positive Signs


In the past two days, bitcoin price struggled to gain momentum above the USD 15,500 and USD 15,600 resistance levels. At the same time, BTC remained well bid above the USD 15,000 and USD 15,200 support levels. The price seems to be stuck in a range and it is currently (05:00 UTC) trading near...

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