Day: February 13, 2022

Can XRP price reach $1 after 25% gains in one week? Watch this key support level

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XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022. Why the XRP/USD 50-week EMA is key On Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving average (50-week EMA; the red wave) around $0.833. The upside move, albeit not decisive, opened possibilities for further bullish momentum, mainly owing to a historical buying sentiment around the said wave. XRP/USD weekly price chart featuring 50-week EMA. Source: TradingView For instance, traders had successfully reclaimed the…

Youโ€™re Not Imagining It, Markets Really Are Thinner Now

Thinner markets, of course, mean that it doesnโ€™t take as much to move prices as it once did. For an example, look no further than a week ago, Saturday, Feb. 5, when bitcoin finally broke above $40,000 and stayed there for the first time in over a week. Volumes the previous day were $16 billion, and on Saturday they were $25 billion. Again, these figures are low even by recent standards, but they serve as a reminder that it doesnโ€™t take much to move a market. Source

Indian Parliament Member Clarifies Legal Status of Cryptocurrency โ€“ Regulation Bitcoin News

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Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, Indiaโ€™s finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency in India. Legal Status of Crypto in India Following the finance ministerโ€™s announcement to tax cryptocurrency income, the question of whether crypto is now legal or legitimate in India has come up repeatedly. Union Minister of State for Finance Bhagwat Karad, a member of Rajya Sabha, Indiaโ€™s upper house of parliament, reportedly explained Saturday that cryptocurrency is…

How to Mine Ethereum On Your Laptop/PC for FREE | Bitcoin Mining 2022

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Can EOS deliver a killer social DApp?

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Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developerโ€™s Mind, written by Andrew Levine of Koinos Group. In my first article in this series, I explained why Ethereum and Steem havenโ€™t been able to deliver a mainstream social decentralized application (DApp), despite taking two very different approaches and how this makes the solution seem. Therefore, why not combine the fee-less system developed for Steem with the flexibility of a blockchain with smart contracts like Ethereum? Then,…

Top 1 Coin ๐Ÿšจ Crypto News Today | Why Crypto Market Going Down Today | Which Crypto To Invest

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Russian Regulators Find Common Ground โ€” Bitcoin Canโ€™t Be Used for Payments โ€“ Regulation Bitcoin News

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Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed. Russian Central Bank, Finance Ministry Agree to Prohibit Crypto Payments The Central Bank of Russia, the Ministry of Finance and the government have converged on the question of how to regulate Russiaโ€™s crypto space. Decentralized digital currencies will not be accepted as…

BITCOIN HOLDERS NEED TO SEE THIS!! Bitcoin News Today & Bitcoin Price Prediction after Bitcoin Crash

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Bitcoin inches towards higher weekly close with CME futures gap in focus

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Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: Potential CME gap to come Data from Cointelegraph Markets Pro and TradingViewย tracked fairly stress-free conditions for BTC/USD over the weekend, with the weekly candle set to conclude in under 12 hours. The pair had briefly dipped below the $42,000 mark before recovering, this setting it up to challenge last week’s close of $42,400 on Bitstamp. Should it succeed, the…

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