Ripple Price Analysis: XRP/USD Rallies Above $0.4200

Monday, October 15, 2018

Key Highlights Ripple price rallied recently and broke the $0.4200-0.4300 resistance against the US dollar. There was a break above two key bearish trend lines with resistance near $0.4200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair cleared the all-important $0.4200 resistance and the 100 hourly simple moving average. Ripple price is rallying sharply against the US Dollar and Bitcoin. XRP/USD may continue to…

Korean Government Expected to Announce ICO Stance in November, Official Says

Monday, October 15, 2018

The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision ICO Stance Expected in November Hong Nam-ki, Chief of the Office for Government Policy Coordination,…

Bitcoin Price Weekly Analysis: BTC/USD Could Test $6,390 Before Lower

Sunday, October 14, 2018

Key Points Bitcoin price found support near the $6,100 level and corrected higher against the US Dollar. There is a major bearish trend line in place with resistance at $6,325 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must break the $6,325 and $6,390 resistance levels to move into a positive zone. Bitcoin price is currently correcting higher against the US Dollar. BTC/USD is…

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban

Sunday, October 14, 2018

A major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs help people to cash in and cash out which was not possible before” due to the crypto banking ban imposed by the country’s central bank. Also read: RBI Argues Supreme Court Should Not Interfere With…

Scam Victim Loses $48,000 Claim Against Canadian Bitcoin ATM Firm

Saturday, October 13, 2018

A woman suing for 62,500 Canadian dollars ($48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc., owners of the digital cash dispensing unit. Also read: Funny New Advert Shows Bitcoin Is on Google’s Mind…

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