In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
By the weekend, the excitement around the fall of the crypto market gradually subsides, which gives prices the opportunity to consolidate near the nearest support levels
Computer chip maker Nvidia said falling bitcoin prices have caused demand for its products to decline.
The Polish government recently amended its income tax law, which was approved by President Andrzej Duda. The updated law, which now includes provisions for cryptocurrencies, will come into force on January 1, 2019.
Cardano price fell significantly and was trading below the support levels at $0.0700 and $0.065. The bearish run of ADA/USD to the 1.5 mark continues. Over the past week, the price of TRX fell by 17%.
The Binance exchange announced the distribution of coins received as a result of the Bitcoin Cash hard fork, which took place yesterday. The Binance team notified platform users that the recalculation will be carried out on a one-to-one basis. BCHABC or BCHSV coins will be awarded for each Bitcoin Cash coin, based on the account balance as of 16:40 on November 15, 2018. Bidding will begin on November 16 at 8:00 am.
As IT technologies develop, the Prosecutor General's Office of Ukraine faces new challenges. Now she has to confront illegal actions related to the world of digital payment systems and cryptocurrencies.
Yesterday, in just an hour, the price of Bitcoin fell by $800. The coin is currently trading at $5,590 for the first time since the October 2017 run. Investors suffer significant losses. For better or worse, the cryptocurrency market tends to follow Bitcoin's lead, especially on dips. Thus, Ethereum fell by 15%, while XRP and BTC fell by 13% and 12%, respectively. Even the cute dog-themed Dogecoin currency is falling in value.
On the eve of the weekend, trading volumes will gradually fade and altcoins will consolidate in a sideways range, near the nearest support levels
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