Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April

Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. In the other, it postponed the second reading of the crypto bill draft law to April. Ducking Swift Ban Anatoly Aksakov,

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Bitcoin (BTC) Price Still In Strong Uptrend, Buying Dips Favored

Bitcoin price traded to a new monthly high at $4,064 and later corrected lower against the US Dollar. The price declined sharply below $3,950, but dips remained supported above $3,900. There is a crucial bullish trend line formed with support at $3,920 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The

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Ethereum Price Weekly Analysis: Buy ETH With Break Above $138

ETH price declined recently, but it found a strong support above $132 against the US Dollar. The price recovered and it is now facing a solid resistance near the $137-138 zone. There is a major breakout pattern formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is

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As Crypto Markets Continue to Climb, Could Altseason Finally be Upon Us?

Although Bitcoin has been struggling to garner any significant buying pressure at its current price levels, the overall crypto markets have been able to post some relatively large gains, and multiple cryptos have surged today. Although the recent bullish price action in the crypto markets is minuscule compared to what was seen throughout the second

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Newfangled Crypto Service Signals Continued Institutional Interest In Bitcoin

Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point,  the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel. But are institutional stakeholders really

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Statistics Signal That Bitcoin (BTC) is Likely to Surge Towards 5,500 in Near Future

Although Bitcoin has been unable to find any noteworthy buying pressure in the low-$4,000 region ever since it advanced to this price level, when looking at a larger time frame it becomes apparent that BTC is not currently bearish, despite its persisting bout of sideways trading. One analyst is quick to point out that Bitcoin

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Vitalik: I’ll lose Hope in Humanity if Tron Usurps Ethereum

Ethereum price stable above $135 Tron not a worthy competitor Participation dries as prices drop Vitalik is confident, and while he doesn’t see Polkadot as a competitor, he will lose a certain amount of faith in humanity if Tron surpasses Ethereum in market cap or development. At the time of press, Ethereum (ETH) is flat

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Prospects of Bitcoin ETF Approval Lowered by Bitwise Findings

Bitcoin Price stable but under pressure Bitwise research concludes that 95 percent of exchanges’ volumes fake Transaction volumes shrink after Mar 21 It’s a sequel of damaging news. Days after SEC revealed the public’s apprehension of Bitcoin ETF approval; Bitwise report confirms what Jay Clayton isn’t comfortable with: Exchanges’ manipulation. Even so, Bitcoin volumes are

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Crypto Tidbits: Square Looks To Bolster Bitcoin, Binance Goes Down Under, SBI Delves Into Mining

Another week, another Crypto Tidbits. The past seven days were, by many measures, an interesting period for the cryptocurrency space. Mainstream adoption moved ever closer, more money poured into this space, and infrastructure was built out. But, one report claimed that 95% of all Bitcoin trading activity could be entirely false, setting a harrowing precedent

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Ripple (XRP) Unbridled Rally (or Dump) Will be After Status Clarification

Ripple prices flat-line below 34 cents Jake Chervinsky, a crypto lawyer, believes ongoing civil suit against Ripple will settle next year Volumes low, averaging 15 million. Eventual clarification of XRP’s status will either cause a rally or a meltdown as owners liquidate their holdings escaping SEC’s incoming oversight. At the moment, prices are stable and

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