Tron (TRX) Succumbs To Bearish Pressure As Massive Sell-Off Extends

A massive sell-off experienced in the last 24 hours has seen all major cryptocurrencies slip below key support levels. The same has seen a growing concern emerge among investors who fear that prices will drop to last year’s low. On December 15, bitcoin dropped to $3,122 following a two-week sell-off. Although the rally that followed…

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Bitcoin SV Price Tries to Control $100 Despite Bearish Pressure

A plethora of bearish cryptocurrency market pressure is forming as of right now. All top currencies are in the red again, with a few exceptions persisting for the time being. Even so, it would appear there are some markets which are getting hammered once again, for no real reason. Bitcoin usually drags all altcoins with…

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Stellar Lumens [XLM/USD] Technical Analysis: Cryptocurrency crumbles under the bear’s pressure

Stellar Lumens has been experiencing the same fate as the rest of the cryptocurrencies, which is crumbling to the bottom under bear’s pressure. At press time, XLM is trading at $0.1952 with a market cap $3.73 billion. Although Stellar Lumens overtook Bitcoin Cash, it was short-lived as it came back to being the fifth largest…

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Ethereum Price Analysis: ETH/USD Under Pressure Below $210

Key Highlights ETH price struggled to break the $208-209 resistance area and it mostly consolidated against the US Dollar. There is a major bullish trend line formed with support at $205 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points towards $202 or $200 before it climbs…

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As the Fed meets, the specter of pressure from Trump and the market looms

President Donald Trump’s recent criticism of the Fed and its desire to keep raising rates was unusual from a historical perspective. The Fed has increased its interest rate benchmark five times since Trump has been in office and is on track for two more this year. However, it likely would take a market disruption for…

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Pressure Mounts on Switzerland Banks to Serve Crypto and Blockchain Start-ups More

Banks in Switzerland are under pressure from the populace and the government to serve cryptocurrency and blockchain start-ups more and better. Two Swiss banks severed ties with cryptocurrency startups in the country recently, and some are planning to do so. In response to the situation by the government, there is increasing pressure on the Banks…

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Estcoin Update: Estonia Bows to Pressure from EU, Banks, Scales Down National Cryptocurrency Project

Estonia will significantly scale down its national cryptocurrency plans after sustained criticism from both the European Central Bank (ECB) and local banking authorities in the country. Consequently, the proposed digital asset called Estcoin will be employed in Estonia’s e-residency program. Estcoin Will Not Be a National Cryptocurrency In August 2017, state officials in Estonia revealed…

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