Bitcoin Price and Technical Market Analysis March 17th, 2020
Closing the daily candle at $5050, buyers opened the way to the range $5600-5700. The critical point for continuation of the local trend is at the mark $4870-5000. At the moment, there is a consolidation with a narrowing range of trade in the market. Yesterday’s trading day on Bitcoin market was quite active with a […]
WazirX, Binance Announce Funding of $50 Million for Indian Blockchain Startups
Binance and WazirX announced a funding of USD 50 million for the blockchain startups in India. WazirX, India’s top crypto exchange platform along with global crypto exchange platform, Binance announced a funding of USD 50 million under an initiative, ‘Blockchain For India’. This initiative is a step towards endorsing and encourgaing the blockchain and crypto […]
Russian Central Bank May Ban Crypto Circulation in the Country
Russian central bank may ban crypto circulation Crypto bill creating constant confusion regarding Russia’s future policy Russia is continuing to flip flop when it comes to crypto regulation in the country. After months of positive legislative drafts and proposals, a top-ranked executive of the Russian central bank has announced that issuance and circulation of cryptocurrencies […]
Trending Bitcoin News and Market Sentiment March 17th, 2020: Glassnode Finds Data That Shows Bitcoin is Undervalued, NVIDIA Urges GPU Owners to Contribute to [email protected] to Find Coronavirus Cure
Daily high so far for Bitcoin at USD 5,478 Glassnode says that Bitcoin is severely undervalued, posting a negative MVRC Z-score for the first time in 12 months NVIDIA is urging on GPU owners to contribute some computing power to the [email protected] project to help find a vaccine for coronavirus Bitcoin markets are holding […]
Bitcoin Price and Technical Market Analysis March 16th, 2020
After testing $5900, buyers have completed formation of wave (W). Sellers managed to break through $5300 and test $4467 today. After completing wave (X) formation, buyers will begin a new growth wave with the target $6400. Quite emotional was the end of trades on Bitcoin market yesterday. In general, the daily candle opened at the […]
