Day: March 29, 2019

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, Tron: Price Analysis, March 29

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Japan is moving towards regulated crypto exchanges. The Japanese financial regulator, the Financial Services Agency (FSA), has recently approved two entities to begin operations in April. Currently, only about 14 percent of the total 216 crypto exchanges around the world are licensed by regulators,…

Bitcoin Briefly Hits Monthly High Above $4,100, British Pound Marks 31-Year Low

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Friday, March 29 — Bitcoin (BTC) has hit a monthly high of $4,112 today, while top 20 cryptocurrencies by market cap are trading sideways. Many of the top 20 coins are in red at press time, with Maker (MKR) seeing the biggest losses of almost 5 percent, while Tezos (XTZ) rallied over 15 percent over the past 24 hours. Market visualization from Coin360 The biggest cryptocurrency Bitcoin has hit a multi-week high of $4,112 earlier today, continuing a moderate growth over the day. Bitcoin is up around 0.3 percent at…

Bitcoin Cash (BCH) Mirrors, Bulls Likely to Reverse Nov-2018 Losses

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Bitcoin Cash up 10.6 percent in last week Opaque bank operations aid in money laundering Transaction volumes low averaging 30k according to CoinBase data For her bank involvement in a $151 billion money laundering scandal, Birgitte Bonnesen is no longer the CEO of Swedbank. With diminishing trust, advantages of cryptocurrencies as Bitcoin Cash (BCH) coupled with its security will permeate aiding in thrusting digital assets to the mainstream. Bitcoin Cash Price Analysis Fundamentals Regulators, more so in the US and Europe are quick to impose heavy penalties on rules-flouting banks.…

Crypto Exchange HitBTC Appeals to Cryptography in Dispute With Altcoin BTCP

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Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26. The dispute involves HitBTC’s delisting of the altcoin, whose team then accused the exchange of fraud. HitBTC, currently ranked by CoinMarketCap as the world’s 15th largest exchange by adjusted daily trade volume, claims that the BTCP team had offered an “unsuitable” solution for moving its funds prior to a scheduled coinburn. In the recent blog post —…

Tron CEO Triggers Massive Backlash after Yanking Tesla Giveaway Prize

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By CCN: The CEO of crypto project TRON has come under fire for a Twitter Tesla giveaway that doesn’t seem to involve giving much away at all. After announcing a $2o million “global appreciation campaign,” including a Tesla giveaway, Justin Sun has backed out and refused to give the winner his car. TRON’s Tesla Giveaway Gone Wrong Sun announced the winner publicly on Twitter before deleting the tweet and revoking the prize. I thank all those who support me, this type of scam must end in the #crypto community, it…

Bitcoin (BTC) Milestone, Trading Above a 5-Month Liquidation Line

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Bitcoin price trading above $4,200 Crypto analyst places Bitcoin price at $55k after halving Number of confirmed Bitcoin transactions surge to 383,186 With a market cap of $71.9 billion, Bitcoin (BTC) is trading in a bull breakout pattern above a five-month resistance line. That is a milestone and could ready bulls aiming at $6,000 now that OMC data reveals the level of Bitcoin (BTC) demand. Bitcoin Price Analysis Fundamentals After Mar 28 surge in the number of confirmed Bitcoin transactions, it seems like the value-draining crypto winter is drawing to…

Crypto Adoption Could Reduce Demand for US Dollar

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Huobi Group CEO Leon Li met with senior Argentinian finance officials this week to discuss the role of blockchain and crypto in the country’s economy, according to a press release shared with Cointelegraph on March 29. In a meeting in Beijing, Argentina’s Deputy Minister of Finance, Felix Martin Soto, claimed that the government should address crypto and blockchain tech as a way to promote Argentina’s financial inclusion and reduce state costs. Soto, who leads Argentina’s international financial relations, explained that half of the country’s population does not have bank accounts…

Ripple (XRP) Performance Poor despite Increasing Bank Partnerships

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Ripple prices stable but bullish Federal Bank has a partnership with Ripple Inc Increasing prices will lift participation levels above 20 million Fidelity Investment will forge on and develop supporting infrastructure as they aim at hedge funds, pension funds and professional investors despite falling—but recovering digital asset prices. At the same time, Federal Bank, an Indian bank that controls 15 percent of remittance in India will work with Ripple Inc in days ahead. Ripple Price Analysis Fundamentals Still, traders, as well as investors, can feel the reverberation of last year’s…

Bitcoin ‘Maturing’ Rapidly, so Why Can’t Crypto Slay Bear Market?

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By CCN.com: Erik Voorhees, the founder and CEO of ShapeShift, a leading crypto conversion platform, has said crypto is maturing and that despite the price trend of bitcoin and other major crypto assets, the industry has seen growth in key areas in recent months. Crypto is maturing. It is now firmly in its adolescence. — Erik Voorhees (@ErikVoorhees) March 29, 2019 In the past 15 months, the valuation of the crypto market has plunged from $813 billion to $143 billion, by 82 percent, and exchanges have seen an overall decline…

Bitcoin ‘Maturing’ Rapidly, so Why Can’t Crypto Slay Bear Market?

boss

By CCN.com: Erik Voorhees, the founder and CEO of ShapeShift, a leading crypto conversion platform, has said crypto is maturing and that despite the price trend of bitcoin and other major crypto assets, the industry has seen growth in key areas in recent months. Crypto is maturing. It is now firmly in its adolescence. — Erik Voorhees (@ErikVoorhees) March 29, 2019 In the past 15 months, the valuation of the crypto market has plunged from $813 billion to $143 billion, by 82 percent, and exchanges have seen an overall decline…