Tron is trading inside an ascending channel with its higher lows and higher highs since September. Price recently bounced off the resistance and is pulling back to the mid-channel area of interest, which lines up with the 38.2% Fibonacci retracement level. A larger correction could last until…
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One man’s petition to make XRP the official cryptocurrency of the next Olympic games has nearly 12,000 signatures … and zero chance of having an effect.
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Litecoin price is slowly and steadily rising from the $56.00 support against the US Dollar. LTC/USD may soon accelerate gains above the $60.00 resistance. Key Talking Points Litecoin price is moving higher towards the $60.00 resistance level (Data feed of Kraken) against the US Dollar. Yesterday’s highlighted…
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Bitcoin recently broke out of its long-term symmetrical triangle pattern, indicating that a rally is in the works. Zooming in to short-term charts shows that price is also inside an ascending channel and is currently testing the mid-channel area of interest. Stronger bullish pressure could take price…
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Ethereum was previously trading inside a symmetrical triangle as it formed lower highs and higher lows. Price appears to have broken past the resistance and is starting a new uptrend, which might last by the same height as the triangle. In addition, an ascending channel can be…
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After dissolving its relationship with Noble Bank, rumors swirled about Bitfinex’s imminent implosion. The exchange has now responded to the rumors.
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Venezuelans wanting to leave the country will soon have to buy passports with a cryptocurrency that may not exist.
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Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines. A Mixed Bag of Fortunes for Bitcoin Miners According to Diar, revenue…
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The multinational professional services network (and Big Four accounting firm) is working with the decentralized lending ecosystem.
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Bitcoin looks set for an imminent price breakout. The price action chart for the top-ranked cryptocurrency shows a classic breakout pattern which could potentially signal an end to the sideways trading of the last two months. Many Signs Pointing to a Bitcoin Breakout Looking at the price…
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