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Indian Government Clarifies Position on Cryptocurrency and Digital Rupee
2.2.2021
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...
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...
XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges
27.1.2021
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
18.1.2021
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...
Oaktree Capital Chairman Warms up to Crypto — Thankful His Son Owns Enough Bitcoin for the Family
15.1.2021
Oaktree Capital co-founder Howard Marks is warming up to cryptocurrency. Once a crypto skeptic, he now says “thankfully” his son is “quite positive on bitcoin” and “owns a meaningful amount for our family.” Howard Marks Warming up to Crypto Howard Marks...
Crypto Market Sentiment and 5 of Top 10 Coins Enter the Positive Zone
11.1.2021
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...
Newsweek's positive coverage of Bitcoin underscores paradigm shift in public perception
6.1.2021
The publication explores whether Bitcoin will become the new gold standard
XLM price gains 30% in a day as positive sentiment shifts from XRP to Stellar
5.1.2021
XLM benefits from a Ukraine government partnership and becomes the latest addition to 2021's new altseason
New High for Bitcoin, Altcoins Show Positive Signs
1.1.2021
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
29.12.2020
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
21.12.2020
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
16.12.2020
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
14.12.2020
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...
Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks
6.12.2020
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors...
Bitcoin and Altcoins Bulls Show Positive Signs
3.12.2020
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
30.11.2020
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
18.11.2020
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
16.11.2020
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
16.11.2020
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
11.11.2020
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...