Day: November 27, 2020

Why 100 SMA Could Prevent Upsides

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Ethereum declined below $500 before the bulls appeared near $480 against the US Dollar. ETH price is correcting higher, but it is likely to face a strong resistance near $550 and the 100 hourly SMA. Ethereum started an upside correction after forming a strong support at $480. The price is facing a strong resistance near $550 and the 100 hourly simple moving average. There is a short-term contracting triangle forming with resistance near $528 on the hourly chart of ETH/USD (data feed via Kraken). The pair could test the $550…

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IOTA teams up with Austrian uni for Internet of Things and blockchain research lab

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The IOTA Foundation, the non-profit organization behind IOTA, IOTA Tangle and MIOTA, announced they will be joining Austria’s newest Christian Doppler Laboratory, or CDL, as an industrial partner. The first of its kind, the laboratory is housed at the Vienna University of Technology and named the CDL Blockchain Technologies for the Internet of Things, or CDL-BOT. The laboratory was officially opened in a digital ceremony on Nov. 26 by Austrian Federal Minister for Digital & Economic Affairs Margarethe Schramböck. It will focus on research and development in public/private partnerships between institutions…

Altcoins: A Temporary Relief Of 1-2 Weeks To Expect?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video is a full technical review of altcoins in the cryptocurrency markets. A full analysis of the recent market movements on the altcoin markets including a technical perspective of the upper coins. Interested in trading alongside me? Check out: 🐦TWITTER: 📸INSTAGRAM: 🏫DISCORD PRIVATE GROUP: Want to start trading? 💰 Binance: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

How A Double Bottom Could Restart Bitcoin Rally Above 17.5k

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Bitcoin price declined heavily, but it found support near $16,300 against the US Dollar. BTC is likely forming a double bottom pattern and it could rally if it clears $17,500. Bitcoin is holding the $16,300 support zone and trading above $17,000. The price is facing a strong resistance near $17,500 and it is well below the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $17,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). A possible double bottom pattern…

OECD tax director says international crypto tax standards are coming in 2021

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Pascal Saint-Amans, the director of the OECD’s Centre for Tax Policy and Administration, has asserted that the 37-nation organization will introduce a common reporting standard, or CRS, for crypto assets in 2021. According to Law360, Amans stated that the crypto tax standard “would be roughly equivalent to the CRS” developed by the Organisation for Economic Co-operation and Development to combat tax evasion. The director attributed the likely development of the crypto tax CRS to a desire to introduce stronger standards surrounding crypto regulations among its member-countries: “The timeline to deliver…

Stack Funds hails Bitcoin’s ‘healthy correction’ predicts ‘euphoria’ ahead

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Crypto index fund provider Stack Funds has labeled yesterday’s pullback as a “healthy correction” that was needed before Bitcoin continues its upward trajectory.  Bitcoin broke through $19,000 earlier this week after posting seven weeks of consecutive gains. According to the firm, the crypto has been at overbought levels since October, further supporting the need for a correction. The firm examined metrics around market psychology, and says market participants are currently in the ‘belief’ stage of the cycle which will eventually to flow into a ‘euphoria’ stage. To support their claims,…

HUGE CRYPTO NEWS: What Will Happen to VeChain (VET)? Still Worth it? $1

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io – Get 10% off Token Metrics: – Join our Telegram: – Business Inquiries: cryptobusy@gmail.com Don’t forget to LIKE and SUBSCRIBE! Feel free to take our opinion into account, but remember This is NOT Financial Advice, everything said is of our own personal opinions. + Social Media: Telegram: Patreon: Twitter: Instagram: Website: www.cryptobusy.co.uk HUGE CRYPTO NEWS: What Will Happen to VeChain (VET)? Still Worth it? $1 Sources: 0:00 Intro 1:08 $50 Bitcoin Giveaway! 1:33 Telegram + YouTube 1:50 Market Analysis 3:03 VeChain Technical…

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