Day: December 7, 2018

Bitcoin Cash Price Analysis: BCH/USD Nosedives Below $100, $80 Next?

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Key Points Bitcoin cash price tumbled and broke the $125 and $100 support levels against the US Dollar. There is a monster bearish trend line in place with resistance at $120 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $100 level in the near term. Bitcoin cash price ABC tumbled below $100 whereas BCHSV climbed above $100 against the US Dollar. BCH/USD is under pressure and it could trade towards $80. Bitcoin Cash Price…

TRX/USD Steady above 1 Cent, Bulls Have a Chance

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Latest Tron News Tron is an interesting project. As a smart contracting platform, its objective is crystal: Build one of the largest blockchain-based operating systems in the world. Their unwavering dedication to deliver on this mandate can’t be doubted. So far, their track records have all the characteristics of ambition as they build the framework contributing to infrastructure of truly decentralized internet. Read: Cryptocurrency Market Update: Crypto Winter is Getting Colder Clues are everywhere. Months after launching their mainnet and following it up with a Tron Virtual Machine that is…

BTC is a “Melting Ice Cube” Says CEO

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Latest Bitcoin News Like Bitcoin prices shifting, so is Bill Gates-the founder of Microsoft who back in 2014 said Bitcoin is “used to buy drugs like synthetic opioid fentanyl” and the “anonymity of digital currencies meant they were linked to terrorist funding and money laundering” to admitting how transformational Bitcoin and cryptocurrencies have been especially when it comes to lifting people out of poverty. ‘ #Bitcoin is a technological tour de force.” Bill Gates, co-founder of Microsoft & philanthropist. OR “Stay away from it. It’s a mirage, basically. In terms…

BitMEX CEO’s Call For Double-Digit Ethereum Comes True: ETH At $90

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Arthur Hayes: Ethereum (ETH), A “Double Digit S*hitcoin” In late-August of this year, Arthur Hayes, the chief executive at BitMEX, the world’s foremost crypto mercantile exchange, took to his firm’s in-house blog to tout some controversial sentiment. In an extensive post, the former institutional trader began his Ethereum (ETH) bash by telling a personal story, hyperbolized to convey a point. The BitMEX CEO discussed a s*hitcoin named Pepe Cash, an evident combination of a popular internet meme and Bitcoin Cash, and somehow, someway, related it back to Ethereum, which Hayes…

Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation

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Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6. UnitedCorp alleges that the defendants planned a scheme to take control of the Bitcoin Cash (BCH) network. Founded in 1992, UnitedCorp is a development and management firm with a focus on telecommunications and information technologies. The company manages a portfolio of patents and proprietary technology in telecoms, social media and blockchain. UnitedCorp also owns and operates BlockchainDomes stations, that provide heat for…

Bitcoin (BTC) Moves Under $3,500 In Downtrend, Despite Crypto “Tailwinds”

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Crypto Market Establishes YTD Low: Bitcoin At $3,650, Ethereum Hits Double-Digits In the past day, bears haven’t abated their rampage, continuing to incessantly place straws on the back of the crypto camel. Bitcoin (BTC), for instance, continued its tumult, stumbling under $3,500. Altcoins, as always, followed suit, sending the aggregate value of all cryptocurrencies below $120 billion. At the time of press, this market’s circulating capitalization has fallen to $113 billion to near, if not establish a new year-to-date low. With cryptocurrencies falling lower, losing an average of 8% across…

Bitcoin (BTC) Moves Under $3,500 In Downtrend, Despite Crypto “Tailwinds”

boss

Crypto Market Establishes YTD Low: Bitcoin At $3,650, Ethereum Hits Double-Digits In the past day, bears haven’t abated their rampage, continuing to incessantly place straws on the back of the crypto camel. Bitcoin (BTC), for instance, continued its tumult, stumbling under $3,500. Altcoins, as always, followed suit, sending the aggregate value of all cryptocurrencies below $120 billion. At the time of press, this market’s circulating capitalization has fallen to $113 billion to near, if not establish a new year-to-date low. With cryptocurrencies falling lower, losing an average of 8% across…

Ledger, Neufund Partner to Create Security Tokens Framework

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Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6. Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens. Ledger Live — a recently launched desktop application for crypto asset management — is reportedly adding an ERC-20 integration “soon.” The app will let users manage security tokens issued via Neufund’s set of protocols. Previously, Neufund teamed up with cryptocurrency exchange BitBay to let…