18 Nov Cryptocurrencies emerge in the US 2020 Democratic Party presidential primaries Here’s wh…
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Here’s what you need to know on Monday
Markets:
– BTC/USD falls 0.91% in the day and moves below $8,500 as it endangers the critical support at the $8,400 price level.
– ETH/USD falls 0.61% and is unable to break the 100-period moving average and trades at $182.9 at the time of writing.
– XRP/USD falls 1.6% and trades at the $0.259 price level, jeopardizing critical support at $0.25.
– The day’s winners are WAN (+7.8%), ADA (+4.49%) and ICX (+3.62%). Red is led by DOCK (-4.9%), ATOM (-4.87%) and ALGO (-4.5%).
Chart of the day:
ADA/USD
Regulation
– Andrew Yang, a Democrat candidate for the 2020 elections, presented his proposals regarding the regulation of the crypto space. The plan has three main axes: clear fiscal legislation regarding the negotiation of cryptocurrencies, defining what a token is and when token functions as securities.
– The Finnish Financial Services Authority (FIN-FSA) certified LocalBitcoin exchange platform, as a virtual…
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