The D.C. Bar Association has allowed lawyers in Washington to accept payment in Bitcoins and other cryptocurrencies.
Representatives of the organization noted that cryptocurrencies are rapidly gaining popularity as a means of payment, and lawyers cannot stand aside from this change. They consider it acceptable to accept payment in the digital currency if its amount is reasonable and the lawyer can ensure the safe storage of assets. To do so, the lawyer must have basic knowledge in the field of blockchain.
In situations where the value of digital currency changes dramatically due to increased volatility, they recommend making decisions in favor of clients. To avoid disputes related to this, lawyers should discuss the matter before the transaction.
The statement also says that the U.S. Internal Revenue Service treats cryptocurrencies as property, so paying with cryptocurrencies does not look like paying in fiat currencies. Before that, lawyers were allowed to accept cryptocurrencies in New York, North Carolina, and Nebraska.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin rose to the resistance level of $9,300. Now, it is $9,190. In the future, we predict an increase. The nearest resistance levels are $9,200, $9,300, $9,400, $9,500, $9,600, $9,850, $10,000, $10,250, $10,500, $11,000, $12,230. The nearest support levels are $9,000, $8,600, $8,150, $7,900, $7,600, $7,500.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum grew to the resistance level of $232. Now, it is $227. In the future, we predict an increase. The nearest resistance levels are $229, $235, $238, $240, $250, $257, $260, $270. The nearest support levels are $225, $220, $218, $216, $212.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple grew to the resistance level of $0.1780. Then it fell to the support level of $0.1750. Now, the price of ripple is $0.1760. In the future, we predict an increase. The nearest resistance levels are $0.18, $0.1820, $0.19, $0.1950, $0.2, $0.2020, $0.2060, $0.21, $0.2150, $0.22, $0.23, $0.2350. The nearest support levels are $0.1750, $0.17.
