ETH price continues to face a strong resistance just below the $140 level against the US Dollar. The price dipped sharply recently, but it recovered above the $134 support level. There is a key bullish trend line forming with support at $132 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains supported on dips and it could still break the $140 resistance area in the near term. Ethereum price is facing many hurdles versus the US Dollar and Bitcoin. ETH/USD’s recent decline was brought back and…
Day: March 10, 2019
Twitter CEO Jack Dorsey Snaps Up Trezor To Store Bitcoin (BTC)
Dorsey Looks To Secure Bitcoin (BTC) Stash Twitter and Square CEO Jack Dorsey is back to shilling the cryptocurrency space yet again. Most recently, Dorsey took to his personal feed to reveal that he bought a hardware storage device from Trezor, a leading cryptocurrency wallet provider, through the Cash App, a Bitcoin-friendly project that he headed. In a tweet, he revealed he spent 0.06639… BTC on the device, with reports claiming that this implies he bought a Trezor Model S (no, not a Tesla). It is presumed he bought the…
French Finance Head: Privacy Cryptos Should Be Banned
French Finance Head: Privacy Cryptos Should Be Banned March 9, 2019 by Akshay Makadiya In an extensive report on the crypto space, the Finance Committee of France’s lower house of parliament — the National Assembly — is recommending a ban on privacy-focused cryptocurrencies. The reasoning of this report is these currencies provide greater anonymity to users, making it easier for criminals to evade law enforcement. Also read: Russian Private Crypto Users May Face 15 Years in Prison for Avoiding Registration Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Proposed…