Bitcoin led the way on Monday, bringing $12,000 levels back into play. Steering clear of $11,570 levels will be key today.
The G20, an international forum for governments and central banks, has recently signed a declaration to regulate cryptocurrencies. The declaration was signed in Buenos Aires and covers many topics involving tax evasion, anti-money laundering, anti-terrorism, and public policy.In Section 25, the declaration explicitly mentions cryptocurrencies:“We will step up efforts to
As the cryptomarket progressed through much of this year, a jump in volatility and a wave of bearish sentiment, following December’s broad-based cryptomarket rally, led to plenty of debate on whether Bitcoin and the broader market gains to record highs back in December was just a bubble ready burst.Certainly, when
The volatility seen through the much of the year contributed to the uptick in volumes as investors and traders from other asset classes were drawn in to trade the daily swings that were sizeable when comparing to even the more exotic currencies and the global equity markets.
The crypto bears dig in, with the majors seeing a mixed start to the week. Expect more volatility to kick in this week…
After a period of slight correction (retracement), XRP/USD has found near-term support which may work as a platform in sending the crypto pair higher.
|Williams %R (14)||-46.7742|
|Stochastic RSI (14)||36.4424|
|Ultimate oscillator (7,14,28)||45.5035|
|Stochastic Fast (14)||53.2258|