Day: August 19, 2019

Ripple Price (XRP) Rebounding Nicely As Bitcoin Holding Above $10.2K

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Ripple price is currently trading with a positive bias above $0.2750 against the US dollar. Bitcoin price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery. There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate higher above the $0.2900 and $0.2950 resistance levels. Ripple price is currently rebounding with a positive bias against the US Dollar, similar to bitcoin. XRP price must surpass the $0.2920…

Ethereum Price (ETH) Facing Key Resistance: Can Bulls Overcome $200?

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ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar. The price is now trading nicely above the $190 and $192 resistance levels. There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher, but the $202 resistance is likely to cap the upside. Ethereum price is climbing higher towards key resistances versus the US Dollar, similar to bitcoin. ETH price is likely to face a…

Second-Largest Indian State to Use Blockchain in Various Spheres

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The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications.  According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management.  The Maharashtra Information Technology Directorate will lead the development and the government has already earmarked 100 million rupees (~$1.4 million) for blockchain adoption from 2019–2020. 40 million ($560,000) has been approved outright by the implementation committee. State IT department…

The Most Important Aspect of Bitcoin Is the Separation of Money and State

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Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. Now there’s a wide array of digital currencies competing in different ways to help remove the parasitic behavior perpetrated by the oligarchy. Also read: Bitcoin History Part 15: Silk Road Is Born The Monetary System Designed by Oligarchs Penalizes the People Most everyone lives under…