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Bitcoin and Ethereum

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Bitcoin price remained well supported above the USD 40,000 zone. As a result, BTC started a steady recovery above the USD 43,000 level. It is currently (04:49 UTC) up more than 5% and it could accelerate further higher above USD 44,000. Similarly, most major altcoins are rising steadily. ETH gained nearly 10% and it broke the USD 3,000 resistance zone. XRP rallied almost 11% and it broke the USD 1.00 resistance. ADA is also rising and it cleared the key USD 2.20 resistance. Total market capitalization Source: https://www.tradingview.com Bitcoin price After forming a base above USD 41,200, bitcoin price started a fresh upward move. BTC cleared the USD 42,500 and USD 43,000 resistance levels. It is now attempting a close above USD 44,000. If the bulls remain in action, there could be an upside continuation towards the USD 45,000 level. The next major resistance might be USD 45,500. On the downside, an immediate support is near USD 43,200. The next key support is now forming near U...

Digital Crypto

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NEW DELHI: The Central Bank of Republic of Turkey (CBRT) ann .. Read more at: http://timesofindia.indiatimes.com/articleshow/86313060.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst In the initial part of the new phase, CBRT plans to develop .. Read more at: http://timesofindia.indiatimes.com/articleshow/86313060.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Crypto exchanges

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NEW DELHI: In a move to regulate the crypto industry in South Korea, the Financial Services Commission (FSC) of Korea mandated crypto exchanges to get certified by the Korean Internet and Security Agency (KISA) to continue operating after September 24. The crypto exchanges were required to fulfill certain requirements to continue legally functioning in the country. Out of 63 crypto exchanges operating in the country, 28 met the preliminary requirements and received certification from KISA to remain open and function as crypto-only exchanges. They await the final license from FSC and internet regulators.

Bitcoin falls as crypto gets caught up in Evergrande selloff

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Hong Kong (CNN Business)Bitcoin is falling as fears of the Evergrande crisis sweep through global markets. The digital currency has dropped 5.7% in the last 24 hours, and was trading at $42,955 per coin as of 2:43 am ET on Tuesday, according to cryptocurrency tracker Coindesk. Earlier, it was down as much as 12%. Other cryptocurrencies are tumbling, too. Ethereum and dogecoin have each declined 4.4% and about 6%, respectively, in the past 24 hours. The fall followed a major drop in US stocks on Monday, as Wall Street's fears turned to China. Investors have been uneasy over the deepening crisis of Evergrande, a massive Chinese property conglomerate that's at risk of defaulting. It was the worst performance since May for the S&P (SPX) and the Nasdaq (COMP), while the Dow (INDU) logged its worst day since July. Stocks tumble as Wall Street's fears turn to China Stocks tumble as Wall Street's fears turn to China Experts have characterized Evergrande's struggles a...