Day: December 26, 2018

Ethereum Price Analysis: ETH Consolidating Before Fresh Upside

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Key Highlights ETH price tested the $120-121 support area and started consolidating against the US Dollar. There was a break above a short term bearish trend line with resistance at $130 on the hourly chart of ETH/USD (data feed via Kraken). The pair may trade in a range for some time before a fresh upside towards the $140 level. Ethereum price is holding important supports against the US Dollar and bitcoin. ETH/USD could resume its upward move towards $140 or $142 in the near term. Ethereum Price Analysis Yesterday, we…

New Remittances System to Tackle Crypto Volatility When International Payments Are Made

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A Japanese fintech company has unveiled a system that is designed to address the price volatility seen when cryptocurrencies are used for remittances. Atom Solutions says that, at present, the options for foreign workers who need to make overseas remittances are imperfect. While costs can be high when they try to complete transactions through a traditional bank, an entirely different issue altogether comes to the fore when crypto is used. Because of the wild fluctuations seen in the marketplace — from Bitcoin and Ethereum to lesser-known altcoins — the value of a remittance…

Bitcoin Obituaries Records 90 ‘Deaths’ in 2018

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According to the Bitcoin Obituaries webpage, the cryptocurrency ‘died’ 90 times in 2018. Since the inception of Satoshi’s great invention, almost a decade ago, economists and financial news publications have informed the public that bitcoin has passed away a grand total of 336 times. Also read: Year in Review: 2018’s Top Cryptocurrency Stories Dead Currencies Have ‘No Chance of Success’ Ever since the general public started hearing about cryptocurrencies, many financial bigwigs, well known pundits, Keynesian economists, and Wall Street executives have explained in great detail how Bitcoin has ‘died’. This…

Bitcoin Obituaries Records 90 ‘Deaths’ in 2018

boss

News According to the Bitcoin Obituaries webpage, the cryptocurrency ‘died’ 90 times in 2018. Since the inception of Satoshi’s great invention, almost a decade ago, economists and financial news publications have informed the public that bitcoin has passed away a grand total of 336 times. Also read: Year in Review: 2018’s Top Cryptocurrency Stories Dead Currencies Have ‘No Chance of Success’ Ever since the general public started hearing about cryptocurrencies, many financial bigwigs, well known pundits, Keynesian economists, and Wall Street executives have explained in great detail how Bitcoin has ‘died’.…

PWC Crypto: 2018’s Bitcoin Crash “Cleared Out The Noise”

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In terms of price action, 2018 was a dismal year for many of the crypto industry’s participants, as the Blockfolios of investors worldwide were painted in red all year round. Yet, as established by industry pundits like Armin Van Bitcoin, Travis Kling, and countless others, the past 12 months have been exorbitantly successful for this nascent industry. And a notable industry insider, one that hails from one of the “Big Four (accounting firms),” believes that this unrelenting drive for innovation will continue into 2019, contrary to the opinion of zealous naysayers and…

PWC Crypto: 2018’s Bitcoin Crash “Cleared Out The Noise”

boss

In terms of price action, 2018 was a dismal year for many of the crypto industry’s participants, as the Blockfolios of investors worldwide were painted in red all year round. Yet, as established by industry pundits like Armin Van Bitcoin, Travis Kling, and countless others, the past 12 months have been exorbitantly successful for this nascent industry. And a notable industry insider, one that hails from one of the “Big Four (accounting firms),” believes that this unrelenting drive for innovation will continue into 2019, contrary to the opinion of zealous naysayers and…