Ripple Price Analysis: XRP/USD Showing Positive Signs

Ripple Price Analysis: XRP/USD Showing Positive Signs Key Highlights Ripple price traded as low as $0.5758 before starting a correction against the US dollar. This week’s followed crucial bearish trend line with resistance at $0.6200 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct further higher, but it may face a strong selling interest near $0.6400-0.6500. Ripple price is slowly recovering against the US Dollar and Bitcoin. XRP/USD may face a tough challenge near the $0.6500 resistance level, which was a…

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Ethereum Price Analysis: Can ETH/USD Break 100 SMA?

Ethereum Price Analysis: Can ETH/USD Break 100 SMA? Key Highlights ETH price has started an upside correction and it moved above $590 against the US Dollar. There was a break above a key bearish trend line with resistance at $592 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching another important bearish trend line with resistance at $620 on the same chart. Ethereum price is slowly moving higher against the US Dollar and Bitcoin. ETH/USD may rise further towards a crucial resistance zone at…

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Bitcoin (BTC) Price Watch: Can It Finally Bounce?

Bitcoin (BTC) Price Watch: Can It Finally Bounce? Bitcoin Price Key Highlights Bitcoin price is still inside its symmetrical triangle formation and is currently testing support. A bounce could take it back up to the resistance around $9,000 while a break lower could lead to a test of the next support at $6,500. Technical indicators are showing mixed signals, so the move could mostly depend on market catalysts. Bitcoin price has sold off to the very bottom of its symmetrical triangle formation, still pending a bounce or a break. Technical…

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Asian Cryptocurrency Trading Roundup: Regional Exchanges Dominate EOS Trade

Asian Cryptocurrency Trading Roundup: Regional Exchanges Dominate EOS Trade FOMO Moments There has been a slight market rebound today which is expected after three days of heavy losses. Yesterday’s news on US lawmakers investigating price manipulation is a good thing for overall market sentiment. Bitcoin however has failed to rally along with many of the other cryptos indicating that the bears could still be lurking. BTC has not gained anything on the day and is still trading at around $7,600 where it was this time yesterday. The altcoins are generally…

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Bitcoin Cash Price Analysis: Can BCH/USD Recover?

Bitcoin Cash Price Analysis: Can BCH/USD Recover? Key Points Bitcoin cash price found support near $950 and started an upside move against the US Dollar. This week’s crucial bearish trend line with resistance at $1,040 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is now trading above the $1,020 resistance and it may correct further in the near term. Bitcoin cash price is recovering nicely from $950 against the US Dollar. BCH/USD could recover further as long as the price is above…

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US: Shipping Startup Refutes Claims of Securities Laws Violations by State Regulator

US: Shipping Startup Refutes Claims of Securities Laws Violations by State Regulator Cointelegraph By Aaron Wood Shipping startup ShipChain denies allegations by state regulators that it broke securities laws during its SHIP token sale Shipping startup ShipChain denies allegations by state regulators that it broke securities laws during its SHIP token sale https://cointelegraph.com/news/us-shipping-startup-refutes-claims-of-securities-laws-violations-by-state-regulator

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South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency

South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency Cointelegraph By Ana Alexandre The central bank of South Africa will classify digital currencies “cyber-tokens,” claiming they don’t fit the definition of money The central bank of South Africa will classify digital currencies “cyber-tokens,” claiming they don’t fit the definition of money https://cointelegraph.com/news/south-africas-central-bank-calls-crypto-cyber-tokens-not-currency

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Report: Criminals Have Stolen $1.2 Billion in Cryptocurrencies Since 2017

Report: Criminals Have Stolen $1.2 Billion in Cryptocurrencies Since 2017 New estimates have found that criminals have stolen around $1.2 billion in cryptocurrencies since the start of 2017, further highlighting how the market is becoming a lucrative market to criminals. EU GDPR Law May Impact Criminal Investigations The figure was released by the Anti-Phishing Working Group (APWG), which was looking into the cryptocurrency market in addition to reported and unreported theft, reports Reuters. Dave Jevans, who is chair of the APWG, and CEO of cryptocurrency security firm CipherTrace, said: “One problem that…

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Shanghai Startup to Use Blockchain to Verify Wine Origin, Fight Counterfeits

Shanghai Startup to Use Blockchain to Verify Wine Origin, Fight Counterfeits Cointelegraph By Ana Alexandre Shanghai-based startup VeChain intends to verify the whole wine supply chain with blockchain technology Shanghai-based startup VeChain intends to verify the whole wine supply chain with blockchain technology https://cointelegraph.com/news/shanghai-startup-to-use-blockchain-to-verify-wine-origin-fight-counterfeits

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John MacAfee: EOS will Hit $32 by end of July 2018: IOTA, Tron, EOS, Litecoin and Stellar Lumens Price Analysis (May 25, 2018)

John MacAfee: EOS will Hit $32 by end of July 2018: IOTA, Tron, EOS, Litecoin and Stellar Lumens Price Analysis (May 25, 2018) Because of today’s Tron Virtual Machine launch, traders should to capitalize on positive vibes around this event and Tron prospects in general. We are already seeing support not only on Tron but in all coins under our focus. As a matter of fact, the former is four percent in the green in the last 24 hours and odds are buyers might build up on yesterday’s gains. I…

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